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First Nations Community Financial

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453971533 ✦ Black river falls, WI ✦ Designated as a 501(c)(3)

Overview

What is First Nations Community Financial?

First Nations Community Financial is a nonprofit organization located in Black River Falls, Wisconsin. They offer various services to their borrowers and clients, including credit repair, credit building, and financial coaching through community events. The organization launched a pilot program for mortgage lending, leading to the Family Roots Home Loan Program, which includes Pathways Home, one-on-one technical assistance, and mortgage loans. Due to the COVID-19 pandemic's impact, First Nations Community Financial stepped up to provide emergency loans to help families and households pay essential obligations, making this a priority during that challenging time. Their dedicated workforce of 10 individuals is committed to supporting their communities.


Is First Nations Community Financial legitimate?

First Nations Community Financial is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Nations Community Financial submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $137,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,270

For more financial information, click here


What is the mission statement of First Nations Community Financial?
Who is the CEO of First Nations Community Financial?
What is the revenue of First Nations Community Financial?
Who are the executives of First Nations Community Financial and what are their salaries?
Where can I find the form 990 for First Nations Community Financial?

Mission Statement of First Nations Community Financial

First Nations Community Financial, a nonprofit organization, has taken an active role during the pandemic by providing emergency loans to families and households. Their mission is to assist these communities in meeting their essential obligations during these challenging times. By offering these loans, the organization aims to provide relief and support, ultimately working towards the betterment of the communities they serve.

Beyond their pandemic response, First Nations Community Financial offers a range of services to their borrowers and clientele. These services include credit repair, credit building, and financial coaching, often through community events. They also have a mortgage lending program, known as Family Roots Home Loan Program, which includes Pathways Home, one-on-one technical assistance, and mortgage loans. This program aims to help families secure housing and build financial stability within their communities.

Impact

This information is meant to be a general summary of First Nations Community Financial. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

First Nations Community Financial has made a significant impact by providing emergency COVID-19 loans to families and households during the pandemic. By stepping up in this time of need, the organization has helped individuals pay important obligations and navigate financial challenges. Additionally, their services, such as credit repair, credit building, and financial coaching, have played a crucial role in supporting their borrowers and clientele. Through initiatives like the Family Roots Home Loan Program, First Nations Community Financial is empowering community members to achieve homeownership and financial stability. Overall, the organization's focus on community improvement through financial assistance and support has made a positive difference in the lives of many individuals and families.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,364
  • Program Service Revenue: $125,197
  • Gross Receipts: $832,704

    • Assets and Liabilities:
  • Total Assets: $3,336,971
  • Total Liabilities: $1,191,809
  • Net Assets: $2,145,162
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INTEREST

    Revenue

    $97,605

    APPLICATION FEES

    Revenue

    $27,592

    Organization Details

    Founding Year

    2011

    Principal Officer

    Becky Albert-Breed

    Main Address

    206 S ROOSEVELT RD, BLACK RIVER FALLS, WI, 546158806

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of First Nations Community Financial and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.