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Native Cdfi Network Inc

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

EIN: 473526004 ✦ Rapid city, SD ✦ Designated as a 501(c)(3)

Overview

What is Native Cdfi Network Inc?

Native Cdfi Network Inc is a nonprofit organization based in Rapid City, South Dakota. Their primary goal is to strengthen and advocate for Native Community Development Financial Institutions (CDFIs), aiming to provide access to capital and resources for Native peoples. They achieve this by educating lenders, tribes, service providers, and Native American entrepreneurs about the Native American Gap Financing Revolving Loan Program. Additionally, they focus on financial inclusion through education and outreach, improving advocacy skills and capacity among staff and partners, and driving economic development in underserved rural and remote Native American communities. The organization annually gathers its members and fosters peer mentoring opportunities among CDFI institutions. With a team of two dedicated individuals, Native Cdfi Network Inc serves as a national voice for Native community development finance.


Official website here: www.nativecdfi.net

Is Native Cdfi Network Inc legitimate?

Native Cdfi Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Native Cdfi Network 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: $100,385

For more financial information, click here


Official website here: www.nativecdfi.net

What is the mission statement of Native Cdfi Network Inc?

Native Cdfi Network Inc's mission is to serve as a national advocate, aiming to strengthen and promote Native Community Development Financial Institutions (CDFIs). This organization's primary goal is to create access to capital and resources for Native peoples. To achieve this, they focus on building a strong membership network and infrastructure, committing to annual member gatherings, fostering CDFI-to-CDFI peer mentoring and sharing opportunities, and identifying policy priorities. Their grant funding efforts include educating lenders, tribes, service providers, and Native American entrepreneurs about the Native American Gap Financing Revolving Loan Program, strengthening financial inclusion through education and outreach, growing advocacy skills, and driving economic development in underserved rural and remote Native American communities.


Official website here: www.nativecdfi.net

Who is the CEO of Native Cdfi Network Inc?

Cindy Logsdon is the Treasurer of Native Cdfi Network Inc. The CEO's salary of Native Cdfi Network Inc is $120,000 and their total compensation is $120,000.


Official website here: www.nativecdfi.net

What is the revenue of Native Cdfi Network Inc?

Native Cdfi Network Inc's revenue in 2022 was $1,244,701.


Official website here: www.nativecdfi.net

Who are the executives of Native Cdfi Network Inc and what are their salaries?

The average compensation at Native Cdfi Network Inc during 2022 was $50,192. There are 2 employees at Native Cdfi Network Inc.

Here are 9 key members and their salaries (Native Cdfi Network Inc's CEO's salary is $120,000 and their total compensation is $120,000):

    Pete Upton (Chairpersoncontracted Ceo) [Trustee/Director]
  • Compensation: $120,000
  • Related: $0
  • Other: $0

    • Dave Tovey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Danner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Coburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cora Mae Haskell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russ Seagle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fern Orie (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Logsdon (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Mittlestadt (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nativecdfi.net

    Where can I find the form 990 for Native Cdfi Network Inc?

    The Native Cdfi Network Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nativecdfi.net

    Learn more at the official website: www.nativecdfi.net

    Mission Statement of Native Cdfi Network Inc

    Native Cdfi Network Inc, acting as a national advocate, strives to strengthen and promote Native Community Development Financial Institutions (CDFIs). Their mission is centered around creating access to capital and resources for Native peoples. The organization aims to achieve this by setting forth four fundamental goals. They seek to build a robust membership network and infrastructure, gather members annually, foster CDFI-to-CDFI peer mentoring and sharing opportunities, and identify policy priorities.

    Under their grant funding, Native Cdfi Network Inc has focused on educating lenders, tribes, service providers, and Native American entrepreneurs about the Native American Gap Financing Revolving Loan Program. They also work towards strengthening financial inclusion through education and outreach. In addition, they aim to grow the advocacy skills and capacity of their staff and partners, and drive economic development in underserved rural and remote Native American communities. By doing so, Native Cdfi Network Inc plays a crucial role in advocating for the development and prosperity of Native communities, ensuring they have the necessary resources and support to thrive.

    Impact

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




    Saturday, July 20, 2024

    Native CDFI Network Inc's impact lies in being a crucial national voice and advocate for strengthening and promoting Native Community Development Financial Institutions (CDFIs). By creating access to capital and resources for Native peoples, they aim to drive economic development in rural and remote Native American communities that are currently underserved. Through their activities such as building a strong membership network, providing peer mentoring opportunities, and identifying policy priorities, they are actively working to educate lenders, tribes, service providers, and Native American entrepreneurs. Their efforts focus on strengthening financial inclusion, growing advocacy skills, and capacity to support the economic well-being of Native 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 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,244,701

    • Assets and Liabilities:
  • Total Assets: $1,851,816
  • Total Liabilities: $25,401
  • Net Assets: $1,826,415
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Cindy Logsdon

    Main Address

    PO BOX 1827, RAPID CITY, SD, 57709

    NTEE Category

    Code: S30 - Community improvement

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