2022-01-10T10:16:54-06:00 2021-06-30 Kundinger Corder & Engle PC 475 Lincoln Street Suite 200 Denver CO 80203 990 2020-07-01 541970097 Oweesta Corporation OWEE 3037748838 2432 Main Street 1st Floor Longmont CO 80501 Florence Ludka Chief Financial Officer 3037748838 2022-01-10 1 Florence Ludka 999009999 Tiffany Knight P01725779 3035345953 2022-01-10 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X Florence Ludka 2432 Main Street 1st Floor Longmont CO 80501 12724322 0 X www.oweesta.org X 1999 VA To provide economic assistance, loan capital and training to Native tribes, communities and peoples. 6 6 15 6 0 0 3081987 11500932 929796 1203182 109288 20208 0 0 4121071 12724322 648569 2151047 0 0 1159038 1464643 0 0 22004 1145855 639552 2953462 4255242 1167609 8469080 29491834 46680794 19587463 28313789 9904371 18367005 Oweesta Corporation (the Organization") supports economic growth in Native American communities through the creation, development and capitalization of Community Development Financial Institutions. 0 0 2066286 783391 959814 Institutional Development - The primary goal is to help create, develop, expand and strengthen Native Community Development Financial Institutions (CDFIs). Activities reflect the provision of regional and local CDFI workshops, participation and attendance at other industry conferences, participation on the CDFI Coalition, and follow-up outreach, technical assistance and training to tribes who have expressed an interest in or are in the process of forming a CDFI. 1788783 1367656 243368 Lending and Other - The Organization provides capitalization to qualifying organizations, enabling them to reinvest the capital back into their communities and programs and/or to use as leverage to attract other capital. The Organization makes loans to various types of Native community development financial institutions such as small business loan funds and credit associations to make consumer, business and housing loans. The Organization also lends to housing loan funds for capitalizing construction loan funds or for mortgage lending. 3855069 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 27 0 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SD VA X Florence Ludka 3037748838 2432 Main Street 1st Floor Longmont CO 80501 Jeff Bowman Chair 2.00 X X 0 0 0 Robin Danner Vice Chair 2.00 X X 0 0 0 Derek Valdo Secretary/Treasurer 2.00 X X 0 0 0 Susan Hammond Director 2.00 X 0 0 0 Fran Lutz Director 2.00 X 0 0 0 Rodger Boyd Director 2.00 X 0 0 0 Chrystel Cornelius Executive Director 40.00 X 152010 0 14198 Florence Ludka Chief Financial Officer 40.00 X 134102 0 14563 Krystal Langholz Chief Operating Officer 40.00 X 134102 0 14403 420214 0 43164 3 0 1 0 0 237500 11263432 11500932 Program Service Fees 900099 959814 959814 Loan Portfolio Income 900099 243368 243368 1203182 20208 20208 12724322 1203182 0 20208 2151047 2151047 362654 284222 74452 3980 896659 702736 184083 9840 16308 12781 3348 179 87184 68328 17899 957 101838 79814 20907 1117 271660 257228 11367 3065 70927 47929 22357 641 75419 59108 15483 828 28382 22244 5827 311 1628 1628 21950 20450 1500 115675 114986 689 4950 3880 1015 55 23545 18453 4834 258 Miscellaneous 45396 35148 9725 523 Printing & Publications 22808 17875 4683 250 Returned Grants -42788 -42788 4255242 3855069 378169 22004 3176233 10484633 6644710 1450949 1346333 2125000 2075 190982 17582202 26490926 7306 966 97625 97625 4950 0 728025 5937338 29491834 46680794 243622 157039 594591 434500 18085000 27059750 664250 662500 19587463 28313789 X 6996591 14771362 2907780 3595643 9904371 18367005 29491834 46680794 8469080 -6446 0 X X 0 1 X 1 1 1 X 1693901 2006470 7493307 3081987 11500932 25776597 404121 525585 727107 929796 1203182 3789791 2098022 2532055 8220414 4011783 12704114 29566388 196490 527500 5599991 2645554 7566927 16536462 18072 41610 7734 246025 393184 706625 214562 569110 5607725 2891579 7960111 17243087 12323301 13192 19858 88605 109288 20208 251151 13192 19858 88605 109288 20208 251151 2111214 2551913 8309019 4121071 12724322 29817539 0.41330 0.48970 0.00840 0.01290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 97625 97625 0 0 Refundable Advances 662500 662500 12717876 -6446 -6446 12724322 0 12724322 4255242 0 4255242 0 4255242 1 Akiptan Inc PO BO 858 Eagle Butte SD 57625 823541909 501C3 75000 Emerging Program Matching Grant Bank of Cherokee County 125 E 1st St Tahlequah OK 74464 730242160 17500 UBS Sub Grant Chehalis Tribal Loan Fund PO Box 536 Oakville WA 98568 270177378 501C3 10000 Clearinghouse Subgrant Chi Ishobak PO Box 766 Dowagiac MI 49047 352372805 501C3 132500 UBS Sub Grant Citizen Potawatomi CDC 1545 Gordon Cooper Dr Shawnee OK 74801 730945447 501C3 160000 Mortgage Lender Grant Council for Native Hawaiian Advancement 91-1270 Kinoiki Street Bldg 1 Kapolei HI 96707 910313383 501C3 21500 2020 Housing Network - Training Stipend Four Bands Community Fund PO Box 932 Eagle Butte SD 57625 460456528 501C3 11500 Housing Advisory Board Stipend Four Directions Devel Corp 20 Godfrey Dr Orono ME 04473 010544468 501C3 38000 Housing Advisory Board Stipend Grandview Bankshares Inc co Bank of Cherokee 110 E Main Street Hulbert OK 74441 730242160 501C3 150000 Grant Hawaii Community Assets 200 N Vineyard Blvd Ste A200 Honolulu HI 96817 990348767 501C3 160000 Mortgage Lender Grant Homestead Community Development Corp PO Box 646 Anahola HI 96703 272012662 501C3 51500 Subgrant Develop Foreclosure Prevention Guide Indian Land Capital LLC 151 County Road B2 E Little Canada MN 551171523 202744778 150000 Grant Island Mountain CDFI 353 Old Hays Road Hays MT 59527 851312061 6047 Customization, training,TA BAnk Jamestown S'Klallam Tribe 257 Business Park Loop Sequim WA 98382 834524150 501C3 17500 Clearinghouse Subgrant Lake Superior CDC 1 N Front St LAnse MI 49946 364616294 501C3 9000 PPE HUD Subgrant Lakota Federal Credit Union PO Box 196 Kyle SD 57742 320388362 10000 Mortgage Lender Grant Lakota Funds PO Box 340 Kyle SD 57752 460421416 501C3 20500 Housing Advisory Board Stipend Leech Lake Financial Services PO Box 848 Cass Lake MN 56633 462579700 501C3 79500 Matching Grant Emerging Lummi CDFI PO Box 1947 Ferndale WA 98248 371525217 501C3 75000 Emerging Program Matching Grant Mazaska Owacaso Otipi Financial PO Box 1996 Pine Ridge SD 57770 760761743 501C3 30500 Housing Advisory Board Stipend Mvskoke Loan Fund PO Box 580 Okmulgee OK 74447 730932018 7500 UBS Sub Grant NACDC Financial Services PO Box 3029 Browning MT 59417 273156259 501C3 30500 Housing Advisory Board Stipend National Tribal Development Financial Services PO Box 1405 Allyn WA 985241405 843982871 501C3 7500 UBS Sub Grant Native American Bank 201 N Broadway Denver CO 80203 810523521 150000 Grant Native360 Loan Fund Inc 211 W 3rd St Grand Island NE 68801 274573866 501C3 7500 UBS Sub Grant NDN Collective 317 Main Street 1 Rapid City SD 55701 832763481 250000 Kataly Subgrant NiiJii Capital Partners PO Box 790 Keshena WI 541350790 204139567 75000 Emerging Program Matching Grant Nimiipu Community Development Fund 99 Agency Rd Lapwai ID 83540 471926181 501C3 82500 Emerging Program Matching Grant Northwest Native Development Fund PO Box 154 Coulee Dam WA 99116 264215937 501C3 10000 Mortgage Lender Grant Plenty Doors CDC PO Box 1061 Crow Agency MT 59022 822045927 501C3 7500 UBS Sub Grant San Carlos Apache Tribe Relending Enterprise PO Box 790 Peridot AZ 85542 611607807 10000 Clearinghouse Subgrant Santee Revolving Loan Program 425 Frazier Ave N St 2 Niobrara NE 68760 470533471 7500 UBS Sub Grant Spruce Root 1 Sealaska Plz Ste 400 Juneau AK 998011245 454295940 501C3 7500 UBS Sub Grant Tiwa Lending PO Box 1270 Isleta NM 87022 800742774 501C3 105500 Housing Advisory Board STipend Waianae Economic Development Council PO Box 194 Waianae HI 96792 471646700 17500 Clearinghouse Subgrant Warm Springs Community Action Team PO Box 1419 Warm Springs OR 97761 161633303 501C3 19000 2020 Housing Network - Training Stipend White Earth Investment Initiative PO Box 38 Ogema MN 56569 010732253 501C3 19000 2020 Housing Network - Training Stipend Wind River Development Fund PO Box 661 Fort Washakie WY 82514 830337192 82500 Emerging Program Matching Grant Wisconsin Native Loan Fund PO Box 580 Lac Du Flambeau WI 54538 432116172 501C3 29000 2020 Housing Network - Training Stipend 27 12 Part I, Line 2: Each subgrantee must provide a budget detailing the proposed use of funds and financial reports showing that the funds were spent in accordance with the budget. Additionally, the subgrantee must provide documentation in the form of a match letter to verify any matched funds reported to the funding agency and report on their participation in other activities detailed in the subgrantee agreement twice yearly. X 0 0 0 0 0 0 0 0 0 Chrystel Cornelius Executive Director 152010 0 0 0 0 0 2600 0 11598 0 166208 0 0 0 Part I, Line 3 Oweesta Corporation's board members approve the President's salary. They are all familiar with the not-for-profit sector and the environment in which the Organization works. Therefore, the board has sufficient knowledge to evaluate and approve the President's salary. Isaiah Cornelius Son of Exec. Dir. 78753 Employee - Isaiah Cornelius is employed as the office manager for the Organization and was compensated for his services. 0 Form 990, Part VI, Section B, line 11b Board members are presented with draft copies of Form 990 and all schedules and attachments, which they are asked to review and approve. Form 990, Part VI, Section B, line 12c The by-laws provide the conflict of interest policy for board members. The employee handbook provides the conflict of interest policy for employees. If conflicts of interest arise during the year, they are verbally disclosed to the board and the affected person recuses him or herself from related decisions. Board members are required to complete annual conflict of interest questionnaires. Form 990, Part VI, Section B, line 15 Board members approve the salary of the President/CEO and are informed of the salaries of other key employees. The members of the board are all familiar with the not-for-profit sector and with the environment in which the Organization works and from which it recruits employees. Therefore, the board has sufficient knowledge to evaluate and approve these salaries. Form 990, Part VI, Section C, line 19 Governing documents, financial statements and the conflict of interest policy are available upon request. Form 990, Part XII, Line 2c Oweesta Corporation's Board of Directors assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from prior year.