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Oweesta Corporation

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

EIN: 541970097 ✦ Longmont, CO ✦ Designated as a 501(c)(3)

Overview

What is Oweesta Corporation?

Oweesta Corporation, headquartered in Longmont, Colorado, is a dedicated nonprofit organization. Its primary objective is to foster, promote, and strengthen Native Community Development Financial Institutions (CDFIs). This is achieved through various activities, including conducting local and regional workshops, participating in industry conferences, collaborating with the CDFI Coalition, and offering follow-up assistance, technical support, and training to tribes interested in or establishing a CDFI. The organization's mission is to provide economic aid, loan capital, and training to Native American communities and peoples, contributing to their overall growth and development. With a team of 17 dedicated individuals, Oweesta Corporation plays a significant role in bolstering financial stability and economic progress within Native American communities.


Official website here: www.oweesta.org

Is Oweesta Corporation legitimate?

Oweesta Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oweesta Corporation 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: $439,211
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,401,623

For more financial information, click here


Official website here: www.oweesta.org

What is the mission statement of Oweesta Corporation?

Oweesta Corporation, often referred to as Oweesta, is dedicated to fostering economic growth in Native American communities. They accomplish this by establishing, developing, and capitalizing Community Development Financial Institutions (CDFIs). The primary objective of Oweesta is to support the creation, development, expansion, and strengthening of these CDFIs. Their activities include conducting regional and local CDFI workshops, participating in industry conferences, being part of the CDFI Coalition, and providing follow-up outreach, technical assistance, and training to tribes expressing interest in or in the process of establishing a CDFI.


Official website here: www.oweesta.org

Who is the CEO of Oweesta Corporation?

Florence Ludka is the Chair of Oweesta Corporation.


Official website here: www.oweesta.org

What is the revenue of Oweesta Corporation?

Oweesta Corporation's revenue in 2023 was $11,519,423.


Official website here: www.oweesta.org

Who are the executives of Oweesta Corporation and what are their salaries?

The average compensation at Oweesta Corporation during 2023 was $108,284. There are 17 employees and 6 volunteers at Oweesta Corporation.

Here are 12 key members and their salaries:

    Chrystel Cornelius (Executive Di)
  • Compensation: $188,362
  • Related: $0
  • Other: $14,705

    • Florence Ludka (Cfo)
  • Compensation: $169,413
  • Related: $0
  • Other: $14,902

    • Fern Orie (Coo)
  • Compensation: $153,683
  • Related: $0
  • Other: $11,987

    • Heather Taylor (Dir Of Progr)
  • Compensation: $105,269
  • Related: $0
  • Other: $13,497

    • Debbie Powers (Accountant)
  • Compensation: $110,487
  • Related: $0
  • Other: $4,667

    • Lanalle Smith (Sr Prgm Offi)
  • Compensation: $100,335
  • Related: $0
  • Other: $13,690

    • Jeff Bowman (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Danner (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Valdo (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fran Lutz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodger Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oweesta.org

    Where can I find the form 990 for Oweesta Corporation?

    The Oweesta Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.oweesta.org

    Learn more at the official website: www.oweesta.org

    Mission Statement of Oweesta Corporation

    Oweesta Corporation, a nonprofit organization, is devoted to providing economic assistance, loan capital, and training to Native tribes, communities, and peoples. Their primary mission is to foster economic growth in Native American communities by establishing, developing, and capitalizing Community Development Financial Institutions (CDFIs). This institution plays a crucial role in organizing regional and local workshops, participating in industry conferences, and being an active member of the CDFI Coalition. Oweesta Corporation also offers follow-up outreach, technical assistance, and training to tribes that have expressed interest in or are in the process of forming a CDFI. By doing so, they aim to strengthen and expand existing CDFIs, ultimately contributing to the economic empowerment of Native American communities.

    Impact

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




    Saturday, July 20, 2024

    Oweesta Corporation's impact lies in supporting economic growth in Native American communities through the creation, development, and capitalization of Community Development Financial Institutions. By providing economic assistance, loan capital, and training to tribes, communities, and peoples, Oweesta plays a crucial role in helping to create, expand, and strengthen Native community development financial institutions. This support ultimately leads to improved opportunities for economic advancement and self-sufficiency within Native American communities.





    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 2023.

  • Investment Income: $187,355
  • Program Service Revenue: $1,684,340
  • Gross Receipts: $11,519,423

    • Assets and Liabilities:
  • Total Assets: $81,341,285
  • Total Liabilities: $57,437,951
  • Net Assets: $23,903,334
  • Programs

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

    LOAN PORTFOLIO INCOME

    Revenue

    $1,149,746

    PROGRAM SERVICE FEES

    Revenue

    $534,594

    Organization Details

    Founding Year

    1999

    Principal Officer

    Florence Ludka

    Main Address

    2432 MAIN STREET 1ST FLOOR, LONGMONT, CO, 80501

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Oweesta Corporation 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.