Overview
What is Ho-Chunk Community Capital?
Ho-Chunk Community Capital is a dedicated nonprofit organization situated in Winnebago, Nebraska. Its primary mission is to serve as a reliable partner for both Native American communities and residents of Thurston County, offering educational resources, financial aid, and opportunities for improved quality of life. The organization provides assistance in understanding financial stability and credit scores, coordinating down payment assistance for homebuyers, and offering capital, business planning, and technical support to new and expanding small, rural businesses. Its activities are centered around fostering trust and empowerment, ultimately aiming to enhance the well-being of the communities it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating. Ho-Chunk Community Capital has demonstrated a solid commitment to accountability and finance, reflected in its high score of 87%. This rating is solely based on the Accountability & Finance beacon, indicating a strong emphasis on these critical areas.
The organization excels in having a fully independent board, with 100% of its members free from conflicts of interest. Furthermore, it has a robust conflict of interest policy and maintains thorough documentation practices, including board meeting minutes. Its liabilities to assets ratio is impressively low at 2.16%, showcasing financial stability.
Additionally, Ho-Chunk Community Capital allocates a significant portion of its budget to programs, with a program expense ratio of 99.68%. While the overall rating is commendable, the reliance on a single beacon score may limit comprehensive insights into other operational areas. Nonetheless, the organization’s strengths in accountability and financial management are clear indicators of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ho-Chunk Community Capital legitimate?
Ho-Chunk Community Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ho-Chunk Community Capital 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ho-Chunk Community Capital?
Ho-Chunk Community Capital serves as a reliable ally to Native American communities and residents of Thurston County in Nebraska, providing education, loans, and financial opportunities to enhance the quality of life for individuals. Their mission is twofold: firstly, they aim to assist Native American communities in understanding financial stability and improving credit scores. Secondly, they coordinate down payment assistance for those looking to build or purchase a home. Lastly, they offer capital, business planning, and technical assistance to new and expanding small, rural businesses.
Who is the CEO of Ho-Chunk Community Capital?
Lisa Max is the Board Chair of Ho-Chunk Community Capital.
What is the revenue of Ho-Chunk Community Capital?
Ho-Chunk Community Capital's revenue in 2022 was $1,521,206.
Who are the executives of Ho-Chunk Community Capital and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $90,028
- Other: $0
Where can I find the form 990 for Ho-Chunk Community Capital?
Ho-Chunk Community Capital's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ho-Chunk Community Capital
Ho-Chunk Community Capital, as a trusted partner, aims to serve Native American communities and residents of Thurston County, Nebraska. Their mission is to provide education, loans, and financial opportunities, ultimately enhancing the quality of life for those they serve. More specifically, they offer programs designed to help Native American communities gain a better understanding of financial stability and credit scores. Additionally, they coordinate down payment assistance for individuals looking to build or purchase a home. Furthermore, Ho-Chunk Community Capital offers capital, business planning, and technical assistance to new and expanding small, rural businesses, fostering growth and development within these communities.
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Impact
July, 2024
Ho-Chunk Community Capital is making a significant impact by serving as a trusted partner with Native American communities and residents of Thurston County. Through their programs, they are providing education, loans, and financial opportunities that are essential for enhancing the quality of life in the community. Specifically, they are helping Native Americans develop financial stability and improve their credit scores, facilitating down payment assistance for homebuyers, and offering capital, business planning, and technical assistance to small rural businesses. Their efforts are not only empowering individuals and businesses but also contributing to the overall economic development and well-being of the community.
This information is meant to be a general summary of Ho-Chunk Community Capital. 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: $3,462
- Gross Receipts: $1,521,206
Assets and Liabilities:
- Total Assets: $1,620,002
- Total Liabilities: $18,471
- Net Assets: $1,601,531
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Organization Details
Founding Year
2014
Phone
(402) 846-5353Principal Officer
Lisa Max
Main Address
509 HO-CHUNK PLAZA NORTH, WINNEBAGO, NE, 68071
NTEE Category
Code: W99 - Public benefit
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