Overview
What is Ipai Community Loan Fund?
The Ipai Community Loan Fund, situated in Valley Center, California, is a nonprofit organization that extends financial aid to tribal and community members who may not qualify for loans through conventional lenders. Their primary mission is to enhance access to credit on beneficial terms, simultaneously working towards improving the borrowers' credit scores. By securing CDFI funds, Ipai Community Loan Fund fulfills its commitment to supporting the local tribal community through financial lending.
Is Ipai Community Loan Fund legitimate?
Ipai Community Loan Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ipai Community Loan Fund 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.
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What is the mission statement of Ipai Community Loan Fund?
The Ipai Community Loan Fund's mission is centered around offering financial assistance to the tribal community. This is achieved by securing CDFI funds, which are then utilized to provide loans to individuals who struggle to obtain loans through conventional lenders. An additional objective of the fund is to enhance the borrowers' credit scores and offer credit on favorable terms. This community-focused initiative aims to empower and support the financial well-being of its members within the tribal community.
Who is the CEO of Ipai Community Loan Fund?
Joe Navarro is the Chairman of Ipai Community Loan Fund.
What is the revenue of Ipai Community Loan Fund?
Ipai Community Loan Fund's revenue in 2022 was $1,003,926.
Who are the executives of Ipai Community Loan Fund and what are their salaries?
There 1 volunteer at Ipai Community Loan Fund.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Ipai Community Loan Fund?
Ipai Community Loan Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ipai Community Loan Fund
The Ipai Community Loan Fund, a nonprofit organization, is dedicated to providing financial aid to the tribal community. Their mission is accomplished through the acquisition of CDFI funds, which they then utilize to extend loans to individuals who struggle to secure funding from traditional lenders. This initiative not only assists in meeting the financial needs of the tribal community but also aims to enhance the borrowers' credit scores, ultimately making credit more accessible on favorable terms. The primary objective of Ipai Community Loan Fund is to empower its community members by offering them the financial support they require, thereby fostering economic growth and stability within the tribal community.
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Impact
July, 2024
The Ipai Community Loan Fund's impact is significant in providing financial support to tribal and community members who may not qualify for traditional loans. By obtaining CDFI funds, the fund helps individuals access credit on more favorable terms, while also working to improve their credit scores. This not only aids in meeting immediate financial needs but also strengthens the financial well-being of the borrowers and the tribal community as a whole. The fund's proactive approach is helping to empower individuals and foster economic stability within the community.
This information is meant to be a general summary of Ipai Community Loan Fund. 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: $3,926
- Gross Receipts: $1,003,926
Assets and Liabilities:
- Total Assets: $1,013,474
- Total Liabilities: $11,644
- Net Assets: $1,001,830
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Organization Details
Founding Year
2015
Phone
(760) 749-3200Principal Officer
Joe Navarro
Main Address
16410 Kumeyaay Way, Valley Center, CA, 92082
NTEE Category
Code: Z99 - Unknown
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