Lummi Community Development Institution
Lummi Community Development Institution
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About this organization
Mission
To provide access to education in order to improve the prosperity and well-being of families.
About
Provided small business loans to allow community growth, development, and education to occur while keeping funds in the community for the benefit of the Lummi tribe and surrounding area.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “To provide access to education, financing, and asset growth in order to improve the prosperity and well being of families, through technical assistance and development services of financial literacy, budgeting, and business plan counseling. the organization seeks to serve as the bridge to mainstream financing intitutions. lending products include collateralized loans for microenterprises and small businesses for purposes of working capital, fixed assets, and real estate. the organization makes loans to members of the lummi nation, residents of the lummi reservation, and other native americans or private individuals and entities whose activities will accrue social or economic benefit to the lummi nation or residents of the lummi reservation.”.
When explaining its purpose, the activities were outlined as: “To provide access to education in order to improve the prosperity and well-being of families.”.
- As per legal reporting requirements, the state of operation for the non-profit is WA.
- The non-profit's address for 2020 is listed as 12 BELLWETHER WAY NO 224, BELLINGHAM, WA, 98225 in the filing.
- As per the non-profit's form, they have 5 employees as of 2020.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$274,826.
- The organization has 7 independent voting members.
- The organization was formed in 2006.
- The organization pays $248,195 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.