2020-11-16T14:21:46-06:00 2019-12-31 411281737 MILLER MCDONALD INC 513 BELTRAMI AVE NW BEMIDJI MN 56601 990 2019-01-01 462579700 LEECH LAKE FINANCIAL SERVICES INC LEEC 2183393940 PO BOX 848 CASS LAKE MN 56633 WILLIAM ETHIER CHAIR 2183393940 2020-11-12 1 JON ROSCOE P01312456 2187516300 209.191.195.86 2020-11-12 10:19:45 CS P 453B8A31E1A9B8830FB6D6602B43D83EA4295C79 D59CE350022E58A8D61DF4FC6363265F22832941 2019 2021-01-29 14:40:06Z WILLIAM ETHIER PO BOX 848 CASS LAKE MN 56633 270357 0 X WWW.LLFINANCIAL.ORG X 2014 MN TO PROMOTE ECONOMIC DEVELOPMENT BY PROVIDING SAFE, AFFORDABLE LOANS AND FINANCIAL TRAINING. 7 7 4 7 0 0 428833 223321 30538 47036 0 0 15000 0 474371 270357 0 0 0 0 258760 231639 0 0 0 168872 180844 427632 412483 46739 -142126 846645 862551 332012 490044 514633 372507 X TO PROMOTE ECONOMIC DEVELOPMENT BY PROVIDING SAFE, AFFORDABLE LOANS AND FINANCIAL TRAINING. 1 0 242709 47036 THE CREDIT BUILDER LOAN PROGRAM PROVIDED 200 LOANS TO THOSE WHO NORMALLY WOULDN'T QUALIFY FOR A CONVENTIONAL UNSECURED LOAN. 242709 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 0 4 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 MN X LEECH LAKE FINANCIAL SERVICES INC 2183393940 113 SPRUCE AVE NE CASS LAKE MN 56633 X WILLIAM ETHIER CHAIR 2.00 X X 0 0 0 BREANNA MIETTINEN SECRETARY 2.00 X X 0 0 0 SARAH KUESEL DIRECTOR 1.00 X 0 0 0 JAIMEE MEYER VICE CHAIR 1.00 X X 0 0 0 GORDON FINEDAY DIRECTOR 1.00 X 0 0 0 KATIE GUTHRIE DIRECTOR 1.00 X 0 0 0 JEFF EVERHART TREASURER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 223321 223321 INTEREST INCOME 522291 24585 24585 FEE INCOME 522291 22451 22451 47036 270357 47036 0 0 X 199771 94441 105330 17066 7116 9950 14802 7016 7786 9933 9933 47318 47318 11296 11296 15976 2332 13644 3432 3432 9973 9973 4562 4562 12986 1180 11806 5004 5004 BAD DEBT EXPENSE 39493 39493 MISCELLANEOUS 20871 17982 2889 412483 242709 169774 0 360312 376263 145504 15244 12320 272228 348037 133016 22329 68601 110687 846645 862551 35861 77165 17353 2620 278798 410259 332012 490044 X 18045 -13276 496588 385783 514633 372507 846645 862551 -142126 0 X 0 1 X 1 0 X 0 62962 5245 57717 24790 17084 7706 45264 45264 110687 LINE OF CREDIT 134985 NOTE PAYABLE -BANK 269958 OTHER 5316 410259 X 270357 0 270357 0 270357 412483 0 412483 0 412483 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENTS RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX FILING THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS GUIDANCE HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX FILINGS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS, OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, OR OTHER TAXES. FORM 990, PART III, LINE 2 BUILD ONE PROPERTIES, LLC WAS SET UP TO HELP FURTHER THE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR THE TRIBE. FORM 990, PART VI, SECTION B, LINE 11B RETURN IS PRESENTED TO ALL BOARD MEMBERS FOR APPROVAL AT A BOARD MEETING FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS, IF ANY, ARE DISCLOSED AT BOARD MEETINGS FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED DOCUMENTS TO BE MADE PUBLIC ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM SUPPORT: PROGRAM SERVICE EXPENSES 47,318. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,318. BUILD ONE PROPERTIES LLC 113 SPRUCE AVE NE CASS LAKE MN 56633 ECONOMIC DEVELOPMENT MN 0 0 LEECH LAKE FINANCIAL SERVICES INC