2021-02-05T13:44:49-06:00 2020-06-30 Kundinger Corder & Engle PC 475 Lincoln Street Suite 200 Denver CO 80203 990 2019-07-01 541970097 First Nations Oweesta Corporation FIRS 3037748838 2432 Main Street 1st Floor Longmont CO 80501 Chrystel Cornelius President 3037748838 2021-02-05 1 Tiffany Knight P01725779 3035345953 2021-02-05 2019 2022-09-23 18:48:47Z Chrystel Cornelius 2432 Main Street 1st Floor Longmont CO 80501 4121071 0 X www.oweesta.org X 1999 VA To provide economic assistance, loan capital and training to Native tribes, communities and peoples. 11 10 11 10 0 0 7493307 3081987 727107 929796 88605 109288 0 0 8309019 4121071 2354368 648569 0 0 1030754 1159038 0 0 42321 1244027 1145855 4629149 2953462 3679870 1167609 24355611 29491834 15601972 19587463 8753639 9904371 First Nations Oweesta Corporation (the Organization") supports economic growth in Native American communities through the creation, development and capitalization of Community Development Financial Institutions. 0 0 1471779 223569 607634 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. 1159409 425000 322162 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. 2631188 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 1 0 0 0 1 25 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 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 Michael Roberts Chair/President 2.00 40.00 X X 0 202207 16426 Marguerite Smith Vice Chair 2.00 2.00 X X 0 0 0 Shyla Grace Sheppard Secretary/Treasurer 2.00 2.00 X X 0 0 0 Susan Jenkins Director 2.00 2.00 X 0 0 0 Benny Shendo Jr Director 2.00 2.00 X 0 0 0 Chandra Hampson Director 2.00 2.00 X 0 0 0 Gelvin Stevenson Director 2.00 2.00 X 0 0 0 Robin Danner Director 2.00 X 0 0 0 Susan Hammond Director 2.00 X 0 0 0 Jeff Bowman Director 2.00 X 0 0 0 Derek Valdo Director 2.00 X 0 0 0 Chrystel Cornelius Executive Director 40.00 X 128671 0 11455 Florence Ludka Chief Financial Officer 40.00 X 107594 0 15601 Krystal Langholz Chief Operating Officer 40.00 X 109709 0 9675 345974 202207 53157 3 0 1 0 0 265266 2816721 3081987 Program Service Fees 900099 607634 607634 Loan Portfolio Income 900099 322162 322162 929796 109288 109288 4121071 929796 0 109288 643869 643869 4700 4700 308545 245386 59742 3417 673249 535437 130357 7455 18429 14657 3568 204 78867 62723 15271 873 79948 63583 15480 885 203727 187544 7942 8241 46736 31818 14622 296 39064 30165 8434 465 46832 36164 10111 557 100293 88444 1720 10129 29321 20222 9099 218589 218589 30000 23166 6477 357 5401 4171 1166 64 3093 2389 667 37 Loan Loss Reserve 402433 402433 Printing & Publications 11648 8994 2515 139 Miscellaneous 8718 6734 1881 103 2953462 2631188 279953 42321 512307 3176233 6541333 6644710 1301505 1346333 234740 2075 13275634 17582202 8642 7306 97625 92675 10351 4950 2471099 728025 24355611 29491834 307301 243622 763175 594591 14278480 18085000 253016 664250 15601972 19587463 X 6032246 6996591 2721393 2907780 8753639 9904371 24355611 29491834 1167609 -16877 0 X X 0 1 X 1 0 X 1531253 1693901 2006470 7493307 3081987 15806918 387199 404121 525585 727107 929796 2973808 1918452 2098022 2532055 8220414 4011783 18780726 147395 196490 527500 5599991 2645554 9116930 32431 18072 41610 7734 246025 345872 179826 214562 569110 5607725 2891579 9462802 9317924 14401 13192 19858 88605 109288 245344 14401 13192 19858 88605 109288 245344 1932853 2111214 2551913 8309019 4121071 19026070 0.48970 0.56970 0.01290 0.00900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 97625 92675 4950 4950 Due to Affiliate 1250 Refundable Advances 663000 664250 4104194 -16877 -16877 4121071 0 4121071 2953462 0 2953462 0 2953462 1 Hawaii Community Assets 200 North Vineyard Blvd Ste B140 Honolulu HI 96817 990348767 501C3 75000 Emerging program matching grant Homestead Community Development Corp PO Box 646 Anahola HI 96703 272012662 501C3 75000 Emerging program matching grant Black Hills CLF 607 1/2 Mount Rushmore Rd Ste 105 Rapid City SD 57701 262504959 501C3 50000 Emerging program matching grant Nakoda-Aaniih Credit Agency 656 Agency Main Street Harlem MT 59526 832589396 501C3 50000 Emerging program matching grant Native American Development Center 209 North 24th St Suite A Bismarck ND 58501 472238803 501C3 50000 General purpose grant Westwater Financial Inc 55A Saint James Dr Santa Rosa CA 95403 611668194 501C3 50000 Emerging program matching grant Bank of Cherokee County 125 E 1st St Tahlequah OK 74464 730242160 501C3 10000 NAAF Covid LLR mini grant Chehalis Tribal Loan Fund PO Box 536 Oakville WA 98568 270177378 501C3 10000 Bi-annual grant Council for Native Hawaiian Advancement 91-1270 Kinoiki Street Bldg 1 Kapolei HI 96707 930313383 501C3 10000 Bi-annual grant NACDC Financial Services PO Box 3029 Browning MT 59417 273156259 501C3 10000 Bi-annual grant Nakoda-Aaniih Credit Agency 656 Agency Main Street Harlem MT 59526 832589396 501C3 10000 NAAF Covid LLR mini grant Northwest Native Development Fund PO Box 154 Coulee Dam WA 99116 264215937 501c3 10000 Bi-annual grant Northwest Native Development Fund PO Box 154 Coulee Dam WA 99116 264215937 501c3 10000 NAAF Covid LLR mini grant Wisconsin Native Loan Fund PO Box 580 Lac Du Flambeau WI 54538 432116172 501C3 10000 Bi-annual grant 14 0 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 Michael Roberts Chair/President 0 202207 0 0 0 0 0 5316 0 11110 0 218633 0 0 Part I, Line 3 First Nations Development Institute'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. 68945 Employee - Isaiah Cornelius was promoted to the office manager during the year and was compensated for his services. 0 Form 990, Part I, Line 4 and Part VI, Line 1b The President, Michael Roberts, is a voting member of the governing body, but is compensated through a related organization. Therefore, he is not considered an independent voting member of the governing body. Form 990, Part VI, Section A, line 6 First Nations Development Institute is the sole member of First Nations Oweesta Corporation. Form 990, Part VI, Section A, line 7a First Nations Development Institute, as the sole member of First Nations Oweesta Corporation, elects members to the governing body. 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 First Nations 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. First Nations Development Institute 2432 Main Street 2nd Fl Longmont CO 80501 541254491 Economic Assistance VA 501(c)(3) Line 12a, I N/A 0 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 1 1 0 0