2019-10-22T14:49:47-07:00 2018-12-31 OVERMOE & NELSON LTD 200 1ST AVE N STE 30 GRAND FORKS ND 58203 990 2018-01-01 462579700 LEECH LAKE FINANCIAL SERVICES INC LEEC 2183393940 PO BOX 848 CASS LAKE MN 56633 WILLIAM ETHIER CHAIR 2183393940 2019-08-20 true ROBERT A OVERMOE CPA P00219650 2184351988 2019-10-22 64.235.92.94 2019-10-22 14:49:21 PD P A61D75FB8DAC235807D9FF5CABA5F6C05933C364 45A01006EBF228351661578120477320CDBEDB70 2018 2019-02-21 02:37:17Z WILLIAM ETHIER PO BOX 848 CASS LAKE MN 56633 474371 false X www.llfinancial.org X 2014 MN TO PROMOTE ECONOMIC DEVELOPMENT BY PROVIDING SAFE, AFFORDABLE LOANS AND FINANCIAL TRAINING 9 9 5 7 0 0 271443 428833 28990 30538 0 14000 15000 314433 474371 0 0 243220 258760 0 0 208716 168872 451936 427632 -137503 46739 648306 846645 179710 332012 468596 514633 X TO PROMOTE ECONOMIC DEVELOPMENT BY PROVIDING SAFE, AFFORDABLE LOANS AND FINANCIAL TRAINING true false 212225 0 426953 THE CREDIT BUILDER LOAN PROGRAM PROVIDED 204 LOANS TO THOSE WHO NORMALLY WOULDN'T QUALIFY FOR A CONVENTIONAL UNSECURED LOAN. 41532 0 37308 CREDIT BUILDING ON THE REZ TRAINED 50 BUILDING NATIVE COMMUNITIES TRAINED 36 CREDIT COUNSELING 1:1 TRAINED 27 10110 0 10110 PROJECTS INITIATED THROUGH SUBSIDIARY INCLUDE LED LIGHTING, RESILIENT HOUSING, SAGA SOLAR AND SUN SHOT. 263867 true false false false false false false false false false true false false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false true 3 0 5 true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true false true false false false false false 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 KATIE GUTHRIE 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 JEFF EVERHART TREASURER 2.00 X 0 0 0 0 0 0 0 false false false 428833 428833 INTEREST INCOME 522291 30 0 0 FEE INCOME 522291 30508 0 0 30538 15000 0 15000 15000 474371 45538 0 0 219828 113862 105966 0 23018 13486 9532 0 15914 8354 7560 0 173 173 0 0 2284 0 2284 0 23402 23402 0 0 7360 7360 0 0 4880 0 4880 0 TELEPHONE 2793 0 2793 0 SUPPLIES 11634 734 10900 0 MISCELLANEOUS 33084 22622 10462 0 PROFESSIONAL FEES 60261 50873 9388 0 23001 23001 0 0 427632 263867 163765 0 332535 360312 24449 145504 0 217139 272228 86907 18306 74183 68601 648306 846645 43537 35861 73162 17353 63011 278798 179710 332012 X 43156 18045 425440 496588 468596 514633 648306 846645 X 46739 -702 X false true X true false X 0 0 0 0 0 0 0 62117 3692 58425 24790 14614 10176 68601 NOTE PAYABLE - LEECH LAKE GAMING 0 LINE OF CREDIT 139066 NOTE PAYABLE - BANK 139732 278798 X 474371 474371 474371 428334 428334 -702 -702 427632 Pt XII, Line 4b TAX DEPRECIATION IS $702 LESS THAN BOOK DEPRECIATION Pt X, Line 2 The Organization follows the recognition requirements for uncertain income tax provisions as required by generally accepted accounting principles, with no cummulative 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 and state 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. Pt III, Line 2 AKI DEVELOPMENT LLC WAS SET UP TO HELP FURTHER THE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR THE TRIBE Pt VI, Line 12c CONFLICTS, IF ANY, ARE DISCLOSED AT BOARD MEETINGS Pt VI, Line 11b RETURN IS PRESENTED TO ALL BOARD MEMBERS FOR APPROVAL AT A BOARD MEETING Pt XI BOOK TO TAX DIFFERENCES Form 990, Part IX, Line 24e BAD DEBTS 23001. 23001. 0. 0. AKI DEVELOPMENT LLC PO BOX 848 CASS LAKE MN 56633 474193570 ECONOMIC DEVELOPMENT MN 15000 0 LEECH LAKE FINANCIAL SERVICES