2023-11-14T18:31:32-06:00 2022-12-31 941481988 BOWMAN & COMPANY LLP 10100 TRINITY PARKWAYSTE 310 STOCKTON CA 95219 990 2022-01-01 264216937 NORTHWEST NATIVE DEVELOPMENT FUND NORT 5096339940 PO BOX 154 COULEE DAM WA 99116 JORDAN RUIZ EXECUTIVE DIRECTOR 5096338076 2023-11-14 1 JORDAN RUIZ 999009999 1 TOBBIE J WELLS P01426383 2094731040 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JORDAN RUIZ PO BOX 154 COULEE DAM WA 99116 891049 0 X THENNDF.ORG X 2008 WA TO FOSTER ECONOMIC AND FINANCIAL INDEPENDENCE FOR NATIVE PEOPLE. 5 0 6 3 0 0 3573635 463013 397027 414136 -3914 3246 1110 -6951 3967858 873444 0 0 0 0 349998 380864 0 0 46951 169628 412183 519626 793047 3448232 80397 14181404 14910017 3701452 4349668 10479952 10560349 THE ORGANIZATION SEEKS TO FOSTER ECONOMIC AND FINANCIAL INDEPENDENCE FOR NATIVE PEOPLE BY ASSISTING IN THE DEVELOPMENT OF PERSONAL ASSETS THROUGH FINANCIAL AND ENTREPRENEURIAL EDUCATION AS WELL AS PROVIDING ACCESS TO CAPITAL THROUGH CREATIVE LENDING PRODUCTS. 0 0 547947 414136 DURING 2022, THE ORGANIZATION MADE 58 LOANS TOTALING $2,854,676. THE FUNDS WERE DISBURSED THROUGH 12 SMALL BUSINESS LOANS, 2 COMMERCIAL LOANS, 3 HOME AND 35 CONSUMER LOANS, 5 MERCY LOANS AND 1 JUDGMENT LOAN. 12732 INDIANPRENUERSHIP WAS FOSTERED THROUGH BOTH GROUP AND ONE-ON-ONE MEETINGS LOCATED IN OMAK, SPOKANE, AND COULEE DAM. THESE SMALL BUSINESS COUNSELING SESSIONS LED TO FUNCTIONAL BUSINESS PLANS, AS WELL AS MARKETING PLANS. 1460 THE ORGANIZATION CONDUCTED SEVERAL OUTREACH AND COMMUNITY ENGAGEMENT WORKSHOPS THAT FOCUSED ON FINANCIAL SUBJECTS INCLUDING BUDGETING, HOMEOWNERSHIP, FINANCIAL SOFTWARE, AND BUSINESS PLANNING. 562139 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THEODORE PICCOLO 5096339940 504 FIR STREET COULEE DAM WA 99116 KENNETH STANGER CHAIRMAN 0.50 X X 1000 0 0 TERRY PAYNE VICE CHAIR 0.50 X X 800 0 0 MARINA TURNINGROBE TREASURER 0.50 X X 200 0 0 MOLLY MORRIS-HOBRECHT SECRETARY 0.50 X X 800 0 0 KIM PEONE DIRECTOR 0.50 X 400 0 0 THEODORE PICCOLO EXECUTIVE DIRECTOR 40.00 X 99300 0 6000 102500 0 6000 0 0 0 0 0 159000 304013 463013 LOAN INTEREST AND FEES 525990 346908 346908 CONTRACT REVENUE 561000 67228 67228 414136 3246 3246 9544 17605 -8061 -8061 OTHER REVENUE 900099 1110 1110 1110 873444 414136 0 -3705 105603 80932 17153 7518 214740 153062 40151 21527 13311 9704 2396 1211 20607 14565 4071 1971 26603 19394 4789 2420 6551 6551 52220 52220 46547 16168 23559 6820 27232 27232 43184 30867 8888 3429 25797 18885 5114 1798 48474 39787 8532 155 32068 26321 5645 102 48536 48536 1198 1198 9577 9577 PROVISION FOR LOAN LOSS 34918 34918 OUTREACH AND COMMUNITY 25489 25489 IDA MATCH EXPENSE 8000 8000 OTHER 2392 1728 664 793047 562139 183957 46951 3099125 3733318 2880135 2786795 2017796 1449496 58353 62893 5813714 6209502 29505 27458 3245 2047 309036 665966 14181404 14910017 66436 125404 3635016 4224264 3701452 4349668 X 5518919 6280428 4961033 4279921 10479952 10560349 14181404 14910017 80397 0 X 0 1 X 0 1 1 X 1616293 1107855 2354422 3573635 463013 9115218 1616293 1107855 2354422 3573635 463013 9115218 9115218 11969 37581 25864 1285 3246 79945 8620 78 1110 1110 10918 9206081 1638264 0.99010 0.99080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GALA INCOME - 2018 AMOUNT: $ 8,620. 2019 AMOUNT: $ 78. OTHER INCOME - 2021 AMOUNT: $ 1,110. 2022 AMOUNT: $ 1,110. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 29505 27458 2047 2047 OWEESTA LOAN PAYABLE 200000 WELLS FARGO EQ2 LOAN PAYABLE 200000 NWAF PRI 325000 OWEESTA CAP POOL 562500 USDA 262339 DEUTSCHE BANK AMERICAS FOUNDATION 250000 KALLIOPEIA FOUNDATION 100000 OWEESTA AG NOTE PAYABLE 264117 OWEESTA AG NOTE PAYABLE #2 262500 NOTES PAYABLE TAMALPAIS 400000 OWEESTA 2022 CAP POOL 1350000 RIGHT-OF-USE ASSET OBLIGATION 47808 4224264 X 873444 0 873444 0 873444 793047 0 793047 0 793047 PART X, LINE 2: THE ORGANIZATION HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER IRC SECTION 501(C)3. THE ORGANIZATION IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN OTHER-THAN-PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX IS MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. TERRY PAYNE BOARD MEMBER SMALL BUSINESS LOAN X 40915 7152 0 1 1 KENNETH STANGER BOARD MEMBER MERCY LOAN X 8500 6006 0 1 1 TERRY PAYNE BOARD MEMBER SMALL BUSINESS LOAN X 41080 29995 0 1 1 TERRY PAYNE BOARD MEMBER SMALL BUSINESS LOAN X 12201 12201 0 1 1 KENNETH STANGER BOARD MEMBER CONSUMER LOAN X 4609 2369 0 1 1 KENNETH STANGER BOARD MEMBER CONSUMER LOAN X 5170 5170 0 1 1 62893 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS REVIEWED BY THE CONTROLLER AND EXECUTIVE DIRECTOR. A FINAL COPY IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS REVIEW A LIST OF VENDORS ANNUALLY TO DETERMINE ANY CONFLICT OF INTEREST. IN ADDITION, THEY REVIEW THE WRITTEN POLICY AND AVOW/DISAVOW ANY APPLICABLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS WHO CONDUCT A COMPARISON STUDY OF EXECUTIVE DIRECTOR SALARIES AT OTHER NATIVE CDFI'S AND TOP MANAGEMENT POSITIONS AT THE LOCAL TRIBAL OFFICE, WHICH ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC.