2025-11-17T18:32:18-06:00 2024-12-31 REDW LLC 475 COTTAGE STREET NE SUITE 200 SALEM OR 97301 990 2024-01-01 264216937 NORTHWEST NATIVE DEVELOPMENT FUND NORT 5096338076 PO BOX 154 COULEE DAM WA 99116 JORDAN RUIZ EXECUTIVE DIRECTOR 5096338076 2025-11-17 1 0 RYAN T PASQUARELLA CPA P01304274 5035817788 2025-11-17 2024 2025-03-06 01:10:19Z JORDAN RUIZ PO BOX 154 COULEE DAM WA 99116 5273350 0 X THENNDF.ORG X 2008 WA TO FOSTER ECONOMIC AND FINANCIAL INDEPENDENCE FOR NATIVE PEOPLE. 5 0 6 0 0 0 1723335 4417092 554752 740735 28289 36014 51869 -31928 2358245 5161913 0 0 0 0 460970 551585 0 0 76520 1317901 432270 1778871 983855 579374 4178058 16083149 19562495 6689396 6221397 9393753 13341098 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 242807 740735 DURING 2024, THE ORGANIZATION MADE 81 LOANS TOTALING $3,399,114. THE FUNDS WERE DISBURSED THROUGH 24 SMALL BUSINESS LOANS, 3 COMMERCIAL LOANS, 3 HOME, AND 51 CONSUMER LOANS. 365829 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. 37394 THE ORGANIZATION CONDUCTED SEVERAL OUTREACH AND COMMUNITY ENGAGEMENT WORKSHOPS THAT FOCUSED ON FINANCIAL SUBJECTS INCLUDING BUDGETING, HOMEOWNERSHIP, FINANCIAL SOFTWARE, AND BUSINESS PLANNING. 646030 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 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 0 0 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 5096338076 PO BOX 154 COULEE DAM WA 99116 KENNETH STANGER CHAIRMAN 0.50 X X 2250 0 0 MOLLY MORRIS-HOBRECHT VICE CHAIR 0.50 X X 2750 0 0 TERESA PAYNE SECRETARY 0.50 X X 2500 0 0 KIMBERLY PEONE TREASURER/INTERIM ED 0.50 X X 26250 0 0 MARINA TURNINGROBE DIRECTOR 0.50 X 1500 0 0 JORDAN RUIZ EXECUTIVE DIRECTOR 40.00 X 115413 0 13704 CASSANDRA WATERS DIRECTOR OF FINANCE 40.00 X 96829 0 4817 247492 0 18521 1 0 0 0 0 23727 2288562 2104803 4417092 LOAN INTEREST AND FEES 525990 677411 677411 CONTRACT REVENUE 561000 63324 63324 740735 79259 79259 32000 75245 -43245 -43245 -43245 4264 23727 36192 -31928 -31928 5161913 740735 0 4086 268005 149203 81340 37462 201061 175354 23802 1905 4261 3792 426 43 45255 40277 4526 452 33003 22343 8105 2555 2287 1944 343 55789 870 54724 195 39661 1225 23036 15400 19742 17905 1837 27675 20312 5389 1974 25871 18686 5160 2025 14576 10456 2789 1331 77277 59261 12768 5248 87008 87008 17445 17445 OUTREACH AND COMMUNITY 41349 37394 3955 2024 CDFI SUMMIT 22657 14727 7930 LOAN ORIGINATION COSTS 933 933 983855 646030 261305 76520 7706704 399059 1290728 11197173 457980 311306 719127 666062 5518223 6490637 2200 4900 489958 0 345140 489958 43047 3400 16083149 19562495 106582 66021 2114954 748223 4427730 5407153 40130 0 6689396 6221397 X 6280428 12907213 3113325 433885 9393753 13341098 16083149 19562495 X 4178058 24034 -254747 X 0 1 X 0 1 1 X 2354422 3573635 463013 1723335 4417092 12531497 2354422 3573635 463013 1723335 4417092 12531497 12531497 25864 1285 3246 26405 79259 136059 1110 1110 51869 54089 12721645 2504258 0.98510 0.98410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 489958 489958 489958 X 5279862 117949 117949 5161913 0 5161913 1356551 372696 372696 983855 0 983855 PART X, LINE 2: THE ORGANIZATION HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE (IRS) UNDER INTERNAL REVENUE CODE SECTION 501(C)3. THE ORGANIZATION IS CLASSIFIED BY THE IRS 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN/LOSS ON SALE 43,245. FUNDRAISING EXPENSES 36,192. BAD DEBT INCOME 38,512. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 293,259. GAIN/LOSS ON SALE 43,245. FUNDRAISING EXPENSES 36,192. BUSINESS AWARDS GALA 27991 23727 4264 1889 18699 8617 6987 27991 23727 4264 1889 18699 8617 6987 36192 -31928 MARINA TURNING ROBE BOARD MEMBER MERCY LOAN X 202115 60500 0 1 1 TERESA PAYNE BOARD MEMBER SMALL BUSINESS X 41080 12675 0 1 1 JORDAN RUIZ EXECUTIVE DIRECTOR HOME LOAN X 38129 33052 0 1 1 JORDAN RUIZ EXECUTIVE DIRECTOR HOME LOAN X 176920 159287 0 1 1 CASSANDRA WATERS FINANCE DIRECTOR HOME LOAN X 192482 183513 0 1 1 ALANZO ADAMS RELATIVE OF SHOSHANNA PALMANTEER SMALL BUSINESS X 11290 7717 0 1 1 DYLAN REMPFHER RELATIVE OF TERESA PAYNE COMMERCIAL BUSINESS X 209794 209318 0 1 1 666062 KIM PEONE BOARD MEMBER 25000 PAYMENT RECEIVED AS INTERIM ED 0 FORM 990, PART VI, SECTION A, LINE 8A WILL DOCUMENT MEETINGS OR WRITTEN ACTIONS UNDERTAKEN MOVING FORWARD. FORM 990, PART VI, SECTION A, LINE 8B WILL DOCUMENT MEETINGS OR WRITTEN ACTIONS UNDERTAKEN MOVING FORWARD. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS REVIEWED BY THE DIRECTOR OF FINANCE 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 IIRTTEN POLICY AND AVOW/DISAVOW ANY APPLICABLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINDED BY THE BOARD OF DIRECTORS WHO CONDUCT A COMPARISON STUDY OF EXECUTIVE DIRECTOR SALARIES AT OTHER NATIVE CDFI'S AND TOP MANAGMENT 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. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -254,747.