Chi Ishobak Inc.
Chi Ishobak Inc.
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About this organization
Mission
It is the mission of Chi Ishobak to provide tribal citizens with access to affordable capital for the purpose of home mortgages, business loans, and individual financial development through collaborative and education-oriented lending services. And also to practice responsible lending in order to protect loan capital for future generations of tribal citizens.
About
To provide tribal citizens with access to affordable capital for the purpose of home mortgages, business loans, and individual financial development through collaborative and education-oriented lending services. And to practice responsible lending in order to protect loan capital for future generations of the tribe.
Interesting data from their 2019 990 filing
The filing outlines the non-profit's goal as “It is the mission of chi ishobak to provide tribal citizens with access to affordable capital for the purpose of home mortgages, business loans, and individual financial development through collaborative and education- oriented lending services. and also to practice responsible lending in order to protect loan capital for future generations of tribal citizens.”.
When detailing its duties, they were outlined as: “It is the mission of chi ishobak to provide tribal citizens with access to affordable capital for the purpose of home mortgages, business loans, and individual financial development through collaborative and education- oriented lending services. and also to practice responsible lending in order to protect loan capital for future generations of tribal citizens.”.
- As per legal reporting requirements, the state of operation for the non-profit is MI.
- The non-profit's address for 2019 is listed as 27043 POTAWATOMI TRAIL, DOWAGIAC, MI, 49047 in the filing.
- The non-profit's form for the year 2019 reports a total of 4 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $710,886.
- The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
- The organization has 9 independent voting members.
- The organization was formed in 2009.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $291,671 in salary, compensation, and benefits to its employees.
- The organization pays $14,584 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.