2019-02-27T13:25:15-06:00 2018-06-30 Kundinger Corder & Engle PC 475 Lincoln Street Suite 200 Denver CO 80203 990 2017-07-01 541970097 First Nations Oweesta Corporation FIRS 3037748838 2432 Main Street 1st Floor Longmont CO 80501 Michael E Roberts President 3037748838 2019-02-27 1 Lori Anne Reinwald P01388434 3035345953 2019-02-27 72.164.244.82 2019-02-27 12:24:53 MS P 4C6F90D5B18D9A11C6848E517D2975E4AD7741AE 4C6F90D5B18D9A11C6848E517D2975E4AD7741AE 2017 2019-02-21 02:37:17Z Michael Roberts 2432 Main Street 1st Floor Longmont CO 80501 2551913 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 1693901 2006470 404121 525585 13192 19858 0 0 2111214 2551913 100000 149686 0 0 840463 831413 0 0 20961 751022 828346 1691485 1809445 419729 742468 8030753 11452701 3748640 6423214 4282113 5029487 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 1349434 149686 356655 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. 202371 168930 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. Oweesta 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. Oweesta also lends to housing loan funds for capitalizing construction loan funds or for mortgage lending. 1551805 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 0 0 0 0 0 0 0 1 0 0 0 1 16 0 1 11 1 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 178957 16655 Marguerite Smith Vice Chair 2.00 2.00 X X 0 0 0 Susan Jenkins Treasurer 2.00 2.00 X X 0 0 0 Shyla Grace Sheppard Secretary 2.00 2.00 X 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 0.00 X 0 0 0 Susan Hammond Director 2.00 0.00 X 0 0 0 Jeff Bowman Director 2.00 0.00 X 0 0 0 Derek Valdo Director 2.00 0.00 X 0 0 0 Chrystel Cornelius Executive Director 40.00 0.00 X 106963 0 11936 Florence Ludka Chief Financial Officer 40.00 0.00 X 57541 0 13134 164504 178957 41725 1 0 1 0 0 1390752 615718 2006470 Program Service Fees 900099 356655 356655 Loan Portfolio Income 900099 168930 168930 525585 19858 19858 2551913 525585 0 19858 X 149686 149686 198577 160580 36300 1697 470524 380492 86011 4021 12964 10500 2334 130 88870 71849 16281 740 60478 48906 11055 517 255414 226764 27900 750 37773 29362 7884 527 57293 51754 5539 33714 27263 6163 288 168791 152772 9056 6963 73341 68082 235 5024 78316 77332 984 30000 24260 5484 256 5400 4367 987 46 2594 2594 Printing & Publications 40372 40372 Loan Loss Reserve 23500 23500 Miscellaneous 21838 3964 17872 2 1809445 1551805 236679 20961 191474 1830791 1910014 2061420 529567 838306 77887 94756 4515350 4961850 22164 19766 97625 81874 21151 15751 763146 1630061 8030753 11452701 80130 167878 4000 1004000 3661480 5243480 3030 7856 3748640 6423214 X 3371811 3961936 910302 1067551 4282113 5029487 8030753 11452701 742468 4906 0 X X 0 1 X 1 0 X 1110299 1521685 1531253 1693901 2006470 7863608 231526 303359 387199 404121 525585 1851790 1341825 1825044 1918452 2098022 2532055 9715398 125000 475500 147395 196490 527500 1471885 15675 8082 32431 18072 41610 115870 140675 483582 179826 214562 569110 1587755 8127643 14329 14260 14401 13192 19858 76040 14329 14260 14401 13192 19858 76040 1356154 1839304 1932853 2111214 2551913 9791438 0.83010 0.81250 0.00780 0.00790 X 97625 81874 15751 15751 Due to Affiliate 7856 7856 2556819 4906 4906 2551913 0 2551913 1809445 0 1809445 0 1809445 1 Chehalis Tribal Loan Fund PO Box 536 Oakville WA 98568 270177378 501(c)3 20000 Capacity building to assist Native entrepreneurs. Wisconsin Native Loan Fund PO Box 580 Lac Du Flambeau WI 54538 432116172 501(c)3 20000 Capacity building to assist Native entrepreneurs. Council for Native Hawaiian Advancement 2149 Lauwiiwili Street Suite 200 Kapolei HI 96707 910313383 501(c)3 20000 Capacity building to assist Native entrepreneurs. Native American Community Development PO Box 3029 Browning MT 59417 273156259 501(c)3 21000 Capacity building to assist Native entrepreneurs. Northwest Native Development Fund PO Box 148 Nespelem WA 99155 264215937 501(c)3 21000 Capacity building to assist Native entrepreneurs. 5 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. Part II, Line 1, Column (h) Purpose of grant or assistance: The purpose of the grants is to build the capacity of the organization to better assist Native entrepreneurs through training and access to business capital. X 0 0 0 0 0 0 0 0 0 Michael Roberts Chair/President 0 178957 0 0 0 0 0 4348 0 12307 0 195612 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. 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 IX, line 11g Consultants: Program service expenses 226,764. Management and general expenses 27,900. Fundraising expenses 750. Total expenses 255,414. 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 0 0 0 0 0 0 1 1 1 1 0 1 1 0 0