Overview
What is Oyate Community Development Corporation?
Oyate Community Development Corporation is a nonprofit organization situated in Fort Yates, North Dakota. Their primary focus is on providing loan services and aiding in the completion of successful loan applications to their clients, including small businesses and individuals with credit challenges. They offer loan making as a means of financial support and credit counseling to help build and manage credit effectively. The organization is dedicated to lending to small business enterprises on the Standing Rock Reservation and assisting the local community in strengthening their financial standing. The organization employs a modest workforce of three individuals.
Is Oyate Community Development Corporation legitimate?
Oyate Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oyate Community Development 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $129,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Oyate Community Development Corporation?
Oyate Community Development Corporation's mission is centered around providing loans to small businesses and individuals who may face credit challenges. Located on the Standing Rock Reservation, the corporation's primary goal is to support local business enterprises. Additionally, they offer credit counseling and technical assistance to help clients complete successful loan applications. The organization's mission also includes assisting community residents in building their credit, thereby promoting financial stability and growth within the community.
Who is the CEO of Oyate Community Development Corporation?
Michael Mccafferty is the Executive Director of Oyate Community Development Corporation.
What is the revenue of Oyate Community Development Corporation?
Oyate Community Development Corporation's revenue in 2022 was $197,929.
Who are the executives of Oyate Community Development Corporation and what are their salaries?
The average compensation at Oyate Community Development Corporation during 2022 was $43,154. There are 3 employees at Oyate Community Development Corporation.
Here are 8 key members and their salaries:
- Compensation: $65,000
- Related: $0
- Other: $0
- Compensation: $50,003
- Related: $0
- Other: $0
- Compensation: $13,732
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Oyate Community Development Corporation?
Oyate Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oyate Community Development Corporation
Oyate Community Development Corporation is dedicated to providing loan services to small businesses and individuals with credit challenges on a reservation. Their primary mission is to lend to small enterprise ventures within the Standing Rock Reservation and aid community residents in building their credit. To accomplish this, they offer loan making services, as well as credit counseling and technical assistance to assist clients in completing successful loan applications. By doing so, Oyate Community Development Corporation aims to contribute to the economic growth and financial stability of the community it serves.
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Impact
October, 2024
Oyate Community Development Corporation significantly impacts the community by providing essential financial support and resources to small businesses and individuals facing credit challenges. By facilitating loans, it empowers entrepreneurs on the Standing Rock Reservation to establish and grow their enterprises, contributing to economic development in the area.
Additionally, Oyate offers comprehensive loan credit counseling and technical assistance, ensuring that clients not only secure funding but also gain the knowledge and skills necessary to manage their finances effectively. This support helps community residents build their credit, creating opportunities for personal and professional growth. Overall, Oyate's efforts lead to increased economic resilience and community improvement in Fort Yates, ND.
This information is meant to be a general summary of Oyate Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2022.
- Investment Income: $28,077
- Gross Receipts: $197,929
Assets and Liabilities:
- Total Assets: $1,573,125
- Total Liabilities: $861,114
- Net Assets: $712,011
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Organization Details
Founding Year
2009
Phone
(701) 854-7590Principal Officer
Michael Mccafferty
Main Address
9299 HIGHWAY 24, FORT YATES, ND, 585389706
NTEE Category
Code: S43 - Community improvement
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