Community Development Financial Institution Of The Tahono Odham
- Assets
- $21.7m
- Revenue
- $755.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Sells, AZ
- Founding
- 08/2006
- Data as of
- 09/2023
- EIN
- 20-0908987
Organization Overview
Community Development Financial Institution Of The Tahono Odham is located in Sells, AZ. The organization was established in 2006. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Community Development Financial Institution Of The Tahono Odham employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Development Financial Institution Of The Tahono Odham is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Community Development Financial Institution Of The Tahono Odham generated $755.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $796.0k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ASSIST IN OVERALL ECONOMIC DEVELOPMENT AND SUPPORT NEW BUSINESSES AND HELP TO IMPROVE PERSONAL FINANCIAL STABILITY THROUGH OUR PREMIER EDUCATIONAL AND LOAN SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DEVELOPMENT AND FINANCIAL LOANS: PLACED VARIOUS LOANS FOR ELIGIBLE IMPROVEMENTS AND EQUIPMENT PURCHASES ON THE NATION, BUSINESS LOANS TO PROVIDE OPERATING CAPITAL FOR OPERATING A BUSINESS ON THE NATION, SHORT-TERM LOANS TO EMPLOYEES OF DEPARTMENTS, PROGRAMS AND OTHER ORGANIZATIONS OF THE NATION, AS WELL AS, HOME RENOVATION LOANS TO BE USED ON THE NATION. TO ASSIST IN TECHNICAL ASSISTANCE WITH FINANCIAL, BUSINESS AND ECONOMIC DEVELOPMENT WITH BUSINESS CLIENTS TO ESTABLISH NEW FORTHCOMING BUSINESSES.
COMMUNITY FINANCIAL TRAINING: WORKSHOPS AND CLASSES HELD PROVIDING TOOLS TO INDIVIDUAL COMMUNITY MEMBERS TO MANAGE THEIR FINANCES. TO HELP ECONOMIC DEVELOPMENT OF THE NATION BY PROVIDING LOAN PRODUCTS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Gilmore Ruiz Chief Executive Officer | OfficerTrustee | 40 | $83,888 |
Frances O Hosten Chief Operations Officer | Trustee | 40 | $75,591 |
Kymberlii Tenario Murrietta Chair | OfficerTrustee | 0.1 | $0 |
Andrea Ortiz Ahmed Vice Chair | OfficerTrustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,500 |
| Total Program Service Revenue | $731,742 |
| Investment income | $8,455 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $755,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,562 |
| Compensation of current officers, directors, key employees. | $33,469 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $258,528 |
| Pension plan accruals and contributions | $32,263 |
| Other employee benefits | $46,765 |
| Payroll taxes | $29,078 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,869 |
| Fees for services: Accounting | $44,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $938 |
| Fees for services: Other | $20,020 |
| Advertising and promotion | $8,032 |
| Office expenses | $23,869 |
| Information technology | $12,601 |
| Royalties | $0 |
| Occupancy | $63,560 |
| Travel | $16,811 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,467 |
| Insurance | $10,363 |
| All other expenses | $23,862 |
| Total functional expenses | $795,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,870,915 |
| Savings and temporary cash investments | $2,743,570 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,580,192 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,698 |
| Net Land, buildings, and equipment | $188,718 |
| Investments—publicly traded securities | $1,252,208 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,661,301 |
| Accounts payable and accrued expenses | $53,419 |
| Grants payable | $0 |
| Deferred revenue | $53,357 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $116,791 |
| Total liabilities | $223,567 |
| Net assets without donor restrictions | $21,437,734 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,661,301 |