Overview
What is Wind River Development Fund?
The Wind River Development Fund is a nonprofit organization situated in Fort Washakie, Wyoming. Their primary mission is to provide financial resources to small businesses and support community development projects within or near the Wind River Indian Reservation. By offering loans for business purposes, this organization aims to stimulate economic growth, ultimately enhancing the community's overall quality of life. With a dedicated workforce of eight individuals, Wind River Development Fund plays a crucial role in fostering local development and business growth on the Wind River Indian Reservation.
Official website here: www.wrdf,org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Wind River Development Fund has achieved an impressive overall score of 96% based entirely on its Accountability & Finance metrics, reflecting strong financial health and operational transparency. With a Four-Star rating, the organization is recognized for its commitment to responsible financial practices, ensuring that funds are utilized effectively for its mission.
One of the key strengths of the Wind River Development Fund is its governance structure, highlighted by a fully independent board of directors. This independence is crucial for maintaining objectivity and integrity in decision-making. Additionally, the charity has robust financial oversight mechanisms in place, including an audit committee, which further enhances its credibility.
The organization demonstrates a sound financial footing, with a liabilities-to-assets ratio of only 18.93% and a program expense ratio of 76.70%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Overall, the Wind River Development Fund appears to be a well-managed nonprofit with a strong focus on accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Wind River Development Fund legitimate?
Wind River Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wind River Development 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $412,267
For more financial information, click here
Official website here: www.wrdf,org
What is the mission statement of Wind River Development Fund?
The Wind River Development Fund's mission is centered around providing financial opportunities to stimulate economic growth. This mission aims to enhance the quality of life within the community. The organization accomplishes this by offering loans to small businesses and community development projects, located either on or near the Wind River Indian Reservation. The primary goal is to foster economic development, ultimately benefiting the community as a whole.
Official website here: www.wrdf,org
Who is the CEO of Wind River Development Fund?
Paul Huberty is the Executive Director of Wind River Development Fund.
Official website here: www.wrdf,org
What is the revenue of Wind River Development Fund?
Wind River Development Fund's revenue in 2022 was $1,672,965.
Official website here: www.wrdf,org
Who are the executives of Wind River Development Fund and what are their salaries?
The average compensation at Wind River Development Fund during 2022 was $51,533. There are 8 employees at Wind River Development Fund.
Here are 8 key members and their salaries:
- Compensation: $115,444
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wrdf,org
Where can I find the form 990 for Wind River Development Fund?
Wind River Development Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wrdf,org
Learn more at the official website: www.wrdf,org
Mission Statement of Wind River Development Fund
Wind River Development Fund is an organization dedicated to enhancing the quality of life within its community by stimulating economic development. It achieves this mission by providing financial opportunities. The organization's primary activity involves lending funds to small businesses located on or near the Wind River Indian Reservation, with the aim of supporting business ventures or community development projects. By doing so, Wind River Development Fund contributes to the overall economic growth and improvement of the community it serves.
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Impact
July, 2024
Wind River Development Fund's impact can be seen in the economic growth and improved quality of life on the Wind River Indian Reservation. By providing financial opportunities through lending, this organization supports small businesses and community development projects in Fort Washakie, WY. Through their efforts, they contribute to the overall enhancement of the community and foster a thriving local economy.
This information is meant to be a general summary of Wind River Development 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.
- Program Service Revenue: $336,948
- Gross Receipts: $1,672,965
Assets and Liabilities:
- Total Assets: $6,144,956
- Total Liabilities: $1,163,441
- Net Assets: $4,981,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$140,656
BUILDING AND OFFICE RE
Revenue
$114,901
LENDING/LOAN ORIGINATI
Revenue
$81,391
Organization Details
Founding Year
2001
Phone
(307) 335-7330Principal Officer
Paul Huberty
Main Address
PO BOX 661, FORT WASHAKIE, WY, 82514
Website
www.wrdf,orgNTEE Category
Code: S30 - Community improvement
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