Hopi Credit Association

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

EIN: 866053269 ✦ Keams canyon, AZ ✦ Designated as a 501(c)(14)

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Overview

What is Hopi Credit Association?

Hopi Credit Association is a nonprofit organization, primarily focused on consumer lending, situated in Keams Canyon, Arizona. With a limited membership exclusively reserved for individuals belonging to the Hopi Tribe, they offer both unsecured and secured loans to their members. Beyond lending, the association also provides development services to support the Hopi Reservation. Their initiatives encompass financial education and small business assistance programs, aiming to foster economic growth within the community. The organization currently employs a team of four individuals.


Official website here: www.hopicredit.us

Is Hopi Credit Association legitimate?

Hopi Credit Association is a legitimate nonprofit organization registered as a 501(c)(14) entity. Hopi Credit Association 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: $81,677
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,172

For more financial information, click here


Official website here: www.hopicredit.us

What is the mission statement of Hopi Credit Association?

The Hopi Credit Association's mission is centered around providing financial assistance to its members, primarily being the Hopi Tribe. Their primary activity involves borrowing money and then lending it back to these members to facilitate their economic development. In addition to this, the association offers development services to the Hopi Reservation. These services encompass financial education and support for small businesses. The association aims to empower its members financially, fostering their growth and well-being.


Official website here: www.hopicredit.us

Who is the CEO of Hopi Credit Association?

Alissa Charley is the Executive Dir. of Hopi Credit Association.


Official website here: www.hopicredit.us

What is the revenue of Hopi Credit Association?

Hopi Credit Association's revenue in 2022 was $601,812.


Official website here: www.hopicredit.us

Who are the executives of Hopi Credit Association and what are their salaries?

The average compensation at Hopi Credit Association during 2022 was $39,712. There are 4 employees at Hopi Credit Association.


Here are 6 key members and their salaries:


Alissa Charley (Executive Dir.)
  • Compensation: $73,117
  • Related: $0
  • Other: $0
Shawn Namoki Sr (Vice President)
  • Compensation: $2,463
  • Related: $0
  • Other: $0
Gloria Grover (Member)
  • Compensation: $1,808
  • Related: $0
  • Other: $0
Vaughn Sieweumptewa (President)
  • Compensation: $1,713
  • Related: $0
  • Other: $0
Katrina Silas (Treasurer/Sec)
  • Compensation: $1,328
  • Related: $0
  • Other: $0
Randolph Poleahla (Member)
  • Compensation: $1,248
  • Related: $0
  • Other: $0


Official website here: www.hopicredit.us

Where can I find the form 990 for Hopi Credit Association?

Hopi Credit Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopicredit.us

Learn more at the official website: www.hopicredit.us

Mission Statement of Hopi Credit Association

Hopi Credit Association, as a nonprofit organization, is committed to advancing the economic development of the Hopi Tribe. Its primary mission involves borrowing funds and subsequently lending them to its members, who are all part of the Hopi Tribe. This financial assistance serves as a means to empower its members, enabling them to foster their own economic growth. Beyond its lending services, Hopi Credit Association also extends its reach into development services. These services encompass financial education and support for small businesses within the Hopi Reservation. By providing these services, Hopi Credit Association plays a pivotal role in contributing to the overall economic well-being of the Hopi Tribe.

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Impact




October, 2024

The Hopi Credit Association significantly impacts the Hopi Tribe's economic development by providing access to financial resources tailored specifically for its members. By offering both unsecured and secured loans to approximately 110 members, it facilitates essential financial support that can help individuals and families to invest in their personal and entrepreneurial endeavors.

In addition to lending, the association is committed to enhancing financial literacy among the community by providing development services, including financial education and small business support programs. This dual focus not only aids in immediate financial needs but also fosters long-term economic stability and growth within the Hopi Reservation.

The efforts of the Hopi Credit Association enable members of the Hopi Tribe to pursue opportunities, build businesses, and improve their overall financial health, thus contributing to the broader economic landscape of their community in Keams Canyon, Arizona.




This information is meant to be a general summary of Hopi Credit Association. 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.

Revenue
$601,812 (2022)
Expenses
$449,801 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,166
  • Program Service Revenue: $94,540
  • Gross Receipts: $601,812

Assets and Liabilities:

  • Total Assets: $2,929,032
  • Total Liabilities: $780,658
  • Net Assets: $2,148,374

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Consumer Lending

Revenue

$94,540

Organization Details

Founding Year

1952

Principal Officer

Alissa Charley

Main Address

PO Box 1259, Keams Canyon, AZ, 86034

NTEE Category

Code: W60 - Public benefit

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