2025-11-14T15:45:42-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-01-01 432116172 WISCONSIN NATIVE LOAN FUND INC WISC 7155881600 PO BOX 580 LAC DU FLAMBEAU WI 54538 DAVID GOUWENS CEO 7155881600 2025-11-13 1 0 DEIRDRE HODGSON P01484710 6123764500 2025-11-06 2024 2025-03-06 01:10:19Z WINLF DAVID GOUWENS PO BOX 580 LAC DU FLAMBEAU WI 54538 4817151 0 X WWW.WINLF.ORG X 2006 WI TO INCREASE THE FINANCIAL WELL-BEING OF WISCONSIN NATIVE AMERICAN FAMILIES AND COMMUNITIES. 10 10 11 10 0 0 1704508 4195861 604810 592691 9787 23793 4175 4806 2323280 4817151 29000 78300 0 0 648367 782619 0 0 68355 524424 649121 1201791 1510040 1121489 3307111 8016039 14946570 3064245 6687665 4951794 8258905 TO INCREASE THE FINANCIAL WELL-BEING OF WISCONSIN NATIVE AMERICAN FAMILIES AND COMMUNITIES. 0 0 834347 78300 592691 THE WISCONSIN NATIVE LOAN FUND (WINLF) INC. IS A 501(C)(3) NONPROFIT AND U.S. TREASURY-CERTIFIED NATIVE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) WHOSE MISSION IS TO INCREASE THE FINANCIAL SELF-SUFFICIENCY OF WISCONSIN NATIVE AMERICAN COMMUNITIES. SINCE ITS FOUNDING IN 2006, WINLF HAS ACCOMPLISHED THIS MISSION THROUGH A SUITE OF LOAN PRODUCTS SUCH AS HOME, CONSUMER, AND SMALL BUSINESS LOANS, WHICH ARE COMPLEMENTED WITH DEVELOPMENT SERVICES SUCH AS HOMEBUYER EDUCATION, CREDIT COUNSELING, AND BUSINESS/ENTREPRENEURSHIP SERVICES. 834347 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X DAVID GOUWENS 7155881600 PO BOX 580 LAC DU FLAMBEAU WI 54552 CASEY FITZPATRICK BOARD CHAIRMAN 1.00 X X 0 0 0 FERN ORIE TREASURER 1.00 X X 0 0 0 JEFF BOWMAN SECRETARY 1.00 X X 0 0 0 JEFF ACKLEY JR DIRECTOR 1.00 X 0 0 0 SEAN HARTE DIRECTOR (THRU APRIL 2024) 1.00 X 0 0 0 JOSEPH MONTANO SR DIRECTOR (THRU APRIL 2024) 1.00 X 0 0 0 BRITTANY ALLEN DIRECTOR 1.00 X 0 0 0 RUSSELL SWAGGER DIRECTOR (THRU JULY 2024) 1.00 X 0 0 0 MICHAEL F BERLIN DIRECTOR 1.00 X 0 0 0 MICHAEL MOE DIRECTOR 1.00 X 0 0 0 MICHAEL SKENADORE DIRECTOR 1.00 X 0 0 0 DAVID GOUWENS COO 40.00 X 83312 0 16907 CHERYL CLOUD CEO 40.00 X 110012 0 3517 193324 0 20424 1 0 0 0 0 405735 3790126 4195861 LOAN RECEIVABLE INTERE 522291 498799 498799 LOAN FEES 522291 93892 93892 592691 23793 23793 TRAVEL REIMBURSEMENT 900099 4606 4606 OTHER REIMBURSEMENT 900099 200 200 4806 4817151 592691 0 28599 78300 78300 213749 74812 104737 34200 400430 110191 278890 11349 11317 2823 8383 111 110286 52936 45267 12083 46837 14510 29092 3235 43167 8470 34697 84549 77823 6726 7098 5114 1984 15998 6736 9262 42821 29540 13260 21 51118 17827 31291 2000 117480 88994 24117 4369 68302 61814 6076 412 109968 109968 2391 2391 5093 3747 1346 LOAN LOSS RESERVE EXPEN 78137 78137 MISCELLANEOUS EXPENSE 8060 1360 6125 575 LOAN FEES 6017 6017 GOVERNANCE 4794 1100 3694 4128 4128 1510040 834347 607338 68355 975421 2178328 454172 3447669 90424 107350 37330 48581 396378 378170 42722 378147 6017104 8366221 19460 13867 6123 2488 7744 14900 8016039 14946570 112992 76034 2951253 6611631 3064245 6687665 X 4929302 7891597 22492 367308 4951794 8258905 8016039 14946570 3307111 0 X 0 1 X 0 1 1 X 862155 1099042 2034751 1704508 4195861 9896317 8400 8400 8400 8400 8400 42000 870555 1107442 2043151 1712908 4204261 9938317 9938317 487 9787 23287 33561 1250 4175 4806 10231 9982109 2198853 0.99560 0.99730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: TRAVEL REIMBURSEMENT - 2022 AMOUNT: $ 1,250. 2023 AMOUNT: $ 4,175. 2024 AMOUNT: $ 4,806. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 13867 6123 7744 7744 4849691 32540 32540 4817151 0 4817151 1542580 32540 32540 1510040 0 1510040 1 MICRO BUSINESS DEVELOPMENT GRANT 15 45000 BUSINESS BOOT CAMP 9 15300 DOWN PAYMENT ASSISTANCE GRANT 3 15000 DOA GRANT 1 3000 PART I, LINE 2: THE GRANTS PAID WERE ORIGINALLY LOANS THAT WERE CHOSEN TO BE FORGIVEN IN THE CURRENT YEAR. AS THE LOANS ARE HELD BY WISCONSIN NATIVE LOAN FUND, THEY ENSURED WHEN THE MONEY WAS ORIGINALLY LENT OUT THAT IT WAS BEING USED FOR THE PURPOSE REQUESTED. NO OTHER TYPE OF GRANTS ARE GIVEN OUT. CHERYL CLOUD CEO HOME LOAN X 398926 378170 0 1 1 CHRISTINE ZORTMAN-HALING EMPLOYEE PERSONAL LOAN X 31718 28825 0 1 1 LAWRENCE HALING EMPLOYEE'S BROTHER PERSONAL LOAN X 27091 24933 0 1 1 BYRON PETERSON EMPLOYEE PERSONAL LOAN X 53437 45455 0 1 1 LOUIS ST GERMAINE EMPLOYEE'S SPOUSE PERSONAL LOAN X 105903 101913 0 1 1 SHANIA ST GERMAINE EMPLOYEE'S DAUGHTER HOME REHAB X 97166 87650 0 1 1 TARRIN ST GERMAINE EMPLOYEE'S SON HOME LOAN X 92777 87762 0 1 1 SARAH ZIMMERMAN EMPLOYEE'S MOM HOME LOAN X 25550 1609 0 1 1 756317 FORM 990, PART VI, SECTION A, LINE 1A WINLF'S BOARD OF DIRECTORS DELEGATES GOVERNING AUTHORITIES TO AN EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIR, VICE CHAIR, SECRETARY, AND TREASURER. FUNCTIONS OF THE CORPORATE OR EXECUTIVE COMMITTEE INCLUDE THE FOLLOWING PRESIDING OVER MEETINGS (CHAIRMAN/VICE-CHAIRMAN), DOCUMENTATION/MINUTES OF BOARD ACTIONS (SECRETARY), REVIEW AND OVERSIGHT OF ORGANIZATIONS FINANCIALS (TREASURER), PERSONNEL MANAGEMENT OF THE EXECUTIVE DIRECTOR, OVERSIGHT OF OPERATIONS IN THE ABSENCE OF A CEO, REVIEW OF OPERATIONAL MATTERS AND PROPOSALS PRIOR TO SUBMISSION TO THE FULL BOARD; AND REVIEW OF ISSUES PERTAINING TO THE BOARD MEMBERS, INCLUDING CONDUCT, MEETING PARTICIPATION (OR LACK OF), EXPECTATIONS, ETC. FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND COO WILL REVIEW THE FORM 990 FOR APPROVAL. IT WILL LATER BE SUPPLIED TO THE BOARD OF DIRECTORS AT THEIR MEETING FOLLOWING THE APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER COMPLETES AN ANNUAL DISCLOSURE STATEMENT SETTING FORTH ALL BUSINESS AND OTHER AFFILIATIONS WHICH RELATE IN ANY WAY TO THE BUSINESS AND OTHER AFFILIATIONS OF WISCONSIN NATIVE LOAN FUND. THE BOARD OF DIRECTORS OR MEMBERS OF GOVERNING COMMITTEES REVIEWS ALL POTENTIAL CONFLICTS OF INTEREST. SHOULD A CONFLICT OF INTEREST ARISE, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY THE REMAINING BOARD OR COMMITTEE MEMBERS. THE BOARD MINUTES SHALL DOCUMENT THE NAMES OF INTERESTED PERSONS, AS WELL AS THE BOARD OR COMMITTEE MEMBERS PRESENT DURING THE DISCUSSIONS AND VOTES RELATING TO THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND COO REVIEW ALL SALARIES AND COMPARE THEM TO THE INDUSTRY SALARY GUIDE PUBLISHED BY OFN (OPPORTUNITY FINANCE NETWORK) AND OWEESTA CORP. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.