Oweesta Corporation
Oweesta Corporation
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About this organization
Mission
Oweesta Corporation supports economic growth in Native communities across the nation through the creation, development, and capitalization of Community Development Financial Institutions. Native community development financial institutions directly provide Native communities the tools and capital support required for real and sustainable job creation, small business development, commercial real estate development, affordable housing/home ownership while also offering basic banking services and financial literacy training to “under-banked" Native communities who have been historically targeted by predatory lending practices.
About
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.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “First nations oweesta corporation (the organization") supports economic growth in native american communities through the creation, development and capitalization of community development financial institutions.”.
When explaining its purpose, the activities were outlined as: “To provide economic assistance, loan capital and training to native tribes, communities and peoples.”.
- As per legal reporting requirements, the state of operation for the non-profit is VA.
- The non-profit's address for 2020 is listed as 2432 Main Street 1st Floor, Longmont, CO, 80501 in the filing.
- As per the non-profit's form, they have 12 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $3,679,870.
- The organization has 10 independent voting members.
- The organization was formed in 1999.
- The organization pays $1,030,754 in salary, compensation, and benefits to its employees.
- The organization pays $39,569 in fundraising expenses.
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