Nacdc Financial Services Inc

Organization Overview

Nacdc Financial Services Inc is located in Browning, MT. The organization was established in 2011. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Nacdc Financial Services Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nacdc Financial Services Inc 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 12/2021, Nacdc Financial Services Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 58.4% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 18.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE ALTERNATIVE FINANCING OPPORTUNITY FOR NATIVE AMERICAN ENTREPRENEURS AND SMALL BUSINESSES IN COMMUNITIES IN AND NEAR INDIAN RESERVATIONS. NACDC FINANCIAL SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021 NACDC FINANCIAL SERVICES DISBURSED 423 LOANS TOTALING $3,678,103.94. WE MADE LOANS ACROSS 3 STATES. WE STRENGTHENED OUR HOME LENDING PROGRAM BY PROVIDING COUNSELING WHICH HAS HELPED FAMILIES ADVANCE THEIR GOALS OF HOMEOWNERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Andrea Main
Executive Dir.
$130,000
Melanie Wall
President/chair
$0
Carla Lott
Vice President
$0
Erik Nelson
Sec/treas.
$0
Roberta Harris
Director
$0
Ray King
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,400,585
All other contributions, gifts, grants, and similar amounts not included above$1,621,460
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,022,045
Total Program Service Revenue$351,815
Investment income $1,213
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,375,073

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Nacdc Financial Services Inc has recieved totaling $455,153.

Awarding OrganizationAmount
First Nations Oweesta Corporation

Longmont, CO

PURPOSE: TECH GRANT

$206,309
Northwest Area Foundation

St Paul, MN

PURPOSE: GENERAL OPERATING SUPPORT

$150,000
Montana Community Foundation Inc

Helena, MT

PURPOSE: COVID-19 FUND FOR RURAL RESILIENCE

$48,059
Kendeda Fund

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$25,000
Cba Fund

Washington, DC

PURPOSE: SMALL DOLLAR LENDING

$11,785
Gianforte Fam Charitable Tr

Bozeman, MT

PURPOSE: CHARITABLE PURPOSE

$9,000
View Grant Recipient Profile

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