Overview
What is Leech Lake Financial Services Inc?
Leech Lake Financial Services Inc is a nonprofit organization situated in Cass Lake, Minnesota. Their primary mission is to foster economic development by offering safe and affordable loans to individuals and businesses who typically struggle to secure conventional financing. Additionally, they provide financial training to help their clients improve their financial literacy and make sound financial decisions. With a team of four dedicated employees, Leech Lake Financial Services Inc plays a vital role in empowering its community members to build a stronger financial future.
Official website here: www.llfinancial.org
Is Leech Lake Financial Services Inc legitimate?
Leech Lake Financial Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leech Lake Financial Services Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,664
For more financial information, click here
Official website here: www.llfinancial.org
What is the mission statement of Leech Lake Financial Services Inc?
Leech Lake Financial Services Inc's mission is centered around promoting economic development. They achieve this by offering safe and affordable loans to individuals and businesses who typically struggle to secure conventional financing. Additionally, the organization provides financial training to help enhance financial literacy and skills, thereby contributing to overall economic growth. The loan programs have provided over 200 loans, extending financial opportunities to a significant number of recipients. The financial training segment is an essential component of their services, empowering individuals and businesses to manage their finances more effectively.
Official website here: www.llfinancial.org
Who is the CEO of Leech Lake Financial Services Inc?
William Ethier is the Chair of Leech Lake Financial Services Inc.
Official website here: www.llfinancial.org
What is the revenue of Leech Lake Financial Services Inc?
Leech Lake Financial Services Inc's revenue in 2021 was $593,731.
Official website here: www.llfinancial.org
Who are the executives of Leech Lake Financial Services Inc and what are their salaries?
The average compensation at Leech Lake Financial Services Inc during 2021 was $56,916. There are 4 employees at Leech Lake Financial Services Inc.
Here are 6 key members and their salaries:
- William Ethier (Chair) [Trustee/Director]
- Breanna Miettinen (Secretary) [Trustee/Director]
- Sarah Kuesel (Director)
- Katie Guthrie (Director)
- Gordon Fineday (Director)
- Jeff Everhart (Treasurer)
Official website here: www.llfinancial.org
Where can I find the form 990 for Leech Lake Financial Services Inc?
The Leech Lake Financial Services Inc’s most recent form 990 was submitted in 2021 and can be accessed here
Official website here: www.llfinancial.org
Learn more at the official website: www.llfinancial.org
Mission Statement of Leech Lake Financial Services Inc
Leech Lake Financial Services Inc, as a nonprofit organization, is dedicated to fostering economic development in various capacities. Their primary mission is to offer safe and affordable loan options to individuals and businesses who typically struggle to secure conventional loans. This initiative not only aids in financial assistance but also plays a significant role in promoting economic growth within their community.
In addition to providing loans, Leech Lake Financial Services Inc extends its reach by offering financial training programs. These educational resources are designed to equip individuals with essential financial skills, thereby empowering them to manage their finances more effectively. By offering both loans and financial training, the organization seeks to contribute to the overall economic development of its community, ensuring that more individuals and businesses have access to the resources they need to thrive.
Impact
This information is meant to be a general summary of Leech Lake Financial Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Leech Lake Financial Services Inc's impact can be seen in its efforts to promote economic development by providing safe, affordable loans and financial training. Through their loan programs, they have been able to provide over 200 loans to individuals and businesses who may not have qualified for traditional loans otherwise. Additionally, the organization's focus on financial training helps empower individuals to make informed financial decisions and improve their financial well-being. Located in Cass Lake, MN, Leech Lake Financial Services Inc is making a tangible difference in promoting economic sustainability and empowerment within their community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$40,559
FEE INCOME
Revenue
$6,372
Organization Details
Founding Year
2014
Phone
(218) 339-3940
Principal Officer
William Ethier
Main Address
PO BOX 848, CASS LAKE, MN, 56633
Website
www.llfinancial.org
NTEE Category
Code: P20 - Human services
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