2024-12-16T12:53:10-05:00 2024-06-30 841255164 KUNDINGER CORDER & MONTOYA PC 475 LINCOLN STREET SUITE 200 DENVER CO 80203 990 2023-07-01 541970097 OWEESTA CORPORATION OWEE 3037748838 2432 MAIN STREET 1ST FLOOR LONGMONT CO 80501 FLORENCE LUDKA CFO 3037748838 2024-12-16 true false TIFFANY KNIGHT P01725779 3035345953 2024-12-16 2023 2024-10-15 13:58:12Z FLORENCE LUDKA 2432 MAIN STREET 1ST FLOOR LONGMONT CO 80501 16385342 false X WWW.OWEESTA.ORG X 1999 VA TO PROVIDE ECONOMIC ASSISTANCE, LOAN CAPITAL AND TRAINING TO NATIVE TRIBES, COMMUNITIES AND PEOPLES. 6 6 19 6 0 9647728 14033993 1684340 2007370 187355 343979 0 11519423 16385342 1220619 5454298 0 2125040 2315010 0 377681 4190768 4536699 7536427 12306007 3982996 4079335 81341285 98925404 57437951 71767388 23903334 27158016 OWEESTA CORPORATION ("OWEESTA") SUPPORTS ECONOMIC GROWTH IN NATIVE AMERICAN COMMUNITIES THROUGH THE CREATION, DEVELOPMENT AND CAPITALIZATION OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS. false false 9070468 5164298 1277160 INSITUTIONAL 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. 1394569 290000 730210 LENDING AND OTHER - OWEESTA PROVIDES CAPITALIZATION TO QUALIFYING ORGANIZATIONS, ENABLING THEM TO REINVEST THE CAPITAL BACK INTO THEIR COMMUNITIES AND PROGRAMS AND/OR TO USE AS LEVERAGE TO ATTRACT OTHER CAPITAL. OWEESTA MAKES LOANS TO VARIOUS TYPES OF NATIVE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS SUCH AS SMALL BUSINESS LOAN FUNDS AND CREDIT ASSOCIATIONS TO MAKE CONSUMER, BUSINESS AND HOUSING LOANS. 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INC 1764 CENTRE STREET STE 1 RAPID CITY SD 57703 262504959 501C3 26830 EMERGING GRANT CONFEDERATED SALISH AND KOOTENAI TRIBES PO BOX 278 PABLO MT 59855 810230409 501C3 2621943 USDA SUBGRANT COOK INLET LENDING CENTER INC 3600 SPENARD ROAD STE 100 ANCHORAGE AK 99503 920177969 501C3 151100 GRANT COUNCIL FOR NATIVE HAWAIIAN ADVANCEMENT 92-1270 KINOIKI ST BLDG 1 KAPOLEI HI 96707 930313383 501C3 250000 GRANT DYNAMIC COMMUNITY SOLUTIONS 85-1373 PUHINALO PL WAIANAE HI 96792 814857118 501C3 250000 GRANT FIRST NATIONS COMMUNITY FINANCE 206 S ROOSEVELT RD 123 BLACK RIVER FALLS WI 54615 453971533 501C3 25664 KEEPING PEOPLE HOUSE FIVE RIVERS 119 INDIAN CREEK RD HAPPY CAMP CA 96039 202091947 501C3 20000 GRANT FOUR DIRECTIONS DEVELOPMENT CORP 20 GODFREY DR ORONO ME 04473 010544468 501C3 60750 GRANT HAA YAKAWUU FINANCIAL CORP 5446 JENKINS DRIVE JUNEAU AK 99801 203935185 501C3 9330 GRANT HAWAII COMMUNITY ASSETS 1315 KALANIANAOLE AVE HILO HI 96720 413100005 501C3 250100 GRANT HAWAIIAN LENDING & 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PETOSKEY MI 49770 341548658 501C3 20100 GRANT NPH 1644 SOUTH SECOND ST GALLUP NM 87301 860817608 501C3 20000 GRANT PAKINI LOAN FUND 87-151 LILIANA ST WAIANAE HI 96792 923039687 501C3 20100 GRANT PLACE TO BORROW MONEY PO BOX 1479 PAWHUSKA OK 74056 920940976 501C3 20000 GRANT ST CROIX CHIPPEWA OF INDIANS 24663 ANGELINE AVE WEBSTER WI 54893 391210835 501C3 76000 GRANT TAALA FUND PO BOX 702 TAHOLAH WA 98587 263980654 501C3 20100 GRANT TANKA BAR PO BOX 1847 RAPID CITY SD 57709 825315136 501C3 100000 GRANT TATANKA FUNDS INC 27565 RESEARCH PARK DRIVE MISSION SD 57555 472197004 501C3 9330 GRANT TIWA LENDING PO BOX 1270 ISLETA NM 87022 800742774 501C3 9826 TECH GRANT WARM SPRINGS COMMUNITY ACTION TEAM PO BOX 1419 WARM SPRINGS OR 97761 161633303 501C3 71592 TECH GRANT WESTWATER FINANCIAL INC 55 A SAINT JAMES DR SANTA ROSA CA 95403 611668194 501C3 40100 MATCHING GRANT WHITE EARTH INVESTMENT INITIATIVE PO BOX 38 OGEMA MN 56569 010732253 501C3 51123 TECH GRANT WISCONSIN NATIVE LOAN FUND PO BOX 580 LAC DU FLAMBEAU WI 54538 432116172 501C3 67905 GRANT 33 SCHEDULE I, PAGE 1, PART I, LINE 2 EACH SUBGRANTEE MUST PROVIDE A BUDGET DETAILING THE PROPOSED USE OF FUNDS AND FINANCIAL REPORTS SHOWING THAT THE FUNDS WERE SPENT IN ACCORDANCE WITH THE BUDGET. ADDITIONALLY, THE SUBGRANTEE MUST PROVIDE DOCUMENTATION IN THE FORM OF A MATCH LETTER TO VERIFY ANY MATCHED FUNDS REPORTED TO THE FUNDING AGENCY AND REPORT ON THEIR PARTICIPATION IN OTHER ACTIVITIES DETAILED IN THE SUBGRANTEE AGREEMENT TWICE YEARLY. X false false false false false false false false false CHRYSTEL CORNELIUS EXECUTIVE DIRECTOR 213527 2600 14241 230368 FLORENCE LUDKA CFO 200342 4725 12751 217818 FERN ORIE COO 140205 10914 151119 SCHEDULE J, PART III OWEESTA CORPORATION'S BOARD MEMBERS APPROVE THE EXECUTIVE DIRECTOR'S SALARY. THEY ARE ALL FAMILIAR WITH THE NOT-FOR-PROFIT SECTOR AND THE ENVIRONMENT IN WHICH OWEESTA WORKS. THEREFORE, THE BOARD HAS SUFFICIENT KNOWLEDGE TO EVALUATE AND APPROVE THE EXECUTIVE DIRECTOR'S SALARY. ISAIAH CORNELIUS SON OF ED 73818 EMPLOYEE false MICHELLE CARLSON IN-LAW OF ED 69430 EMPLOYEE false SCHEDULE L, PART V ISAIAH CORNELIUS IS EMPLOYED AS THE IT SPECIALIST FOR OWEESTA AND WAS COMPENSATED FOR HIS SERVICES. MICHELLE CARLSON IS THE DAUGHTER IN-LAW OF THE EXECUTIVE DIRECTOR AND EMPLOYED AS THE FINANCE ASSISTANT FOR OWEESTA AND WAS COMPENSATED FOR HER SERVICES. FORM 990, PAGE 6, PART VI, LINE 11B BOARD MEMBERS ARE PRESENTED WITH DRAFT COPIES OF FORM 990 AND ALL SCHEDULES AND ATTACHMENTS, WHICH THEY ARE ASKED TO REVIEW AND APPROVE. FORM 990, PAGE 6, PART VI, LINE 12C THE BY-LAWS PROVIDE THE CONFLICT OF INTEREST POLICY FOR BOARD MEMBERS. THE EMPLOYEE HANDBOOK PROVIDES THE CONFLICT OF INTEREST POLICY FOR EMPLOYEES. IF CONFLICTS OF INTEREST ARISE DURING THE YEAR, THEY ARE VERBALLY DISCLOSED TO THE BOARD AND THE AFFECTED PERSON RECUSES HIM OR HERSELF FROM RELATED DECISIONS. BOARD MEMBERS ARE REQUIRED TO COMPLETE ANNUAL CONFLICT OF INTEREST QUESTIONNAIRES. FORM 990, PAGE 6, PART VI, LINE 15A BOARD MEMBERS APPROVE THE SALARY OF THE PRESIDENT/CEO AND ARE INFORMED OF THE SALARIES OF OTHER KEY EMPLOYEES. THE MEMBERS OF THE BOARD ARE ALL FAMILIAR WITH THE NOT-FOR-PROFIT SECTOR AND WITH THE ENVIRONMENT IN WHICH OWEESTA WORKS AND FROM WHICH IT RECRUITS ITS EMPLOYEES. THEREFORE, THE BOARD HAS SUFFICIENT KNOWLEDGE TO EVALUATE AND APPROVE THESE SALARIES. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT/CEO APPROVES THE SALARIES OF OTHER KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS 2,141,726 275,060 41,125 FORM 990, PART XI, LINE 9 ON JULY 1, 2023 OWEESTA ADOPTED ASU NO. 2016-13 FINANCIAL INSTRUMENTS - CREDIT LOSSES (TOPIC 326): MEASUREMENT OF CREDIT LOSSES ON FINANCIAL STATEMENTS, USING THE MODIFIED RETROSPECTIVE METHOD. ACCORDINGLY, FINANCIAL INFORMATION FOR PERIODS PRIOR TO THE DATE OF INITIAL APPLICATION HAS NOT BEEN ADJUSTED. THE CHANGE IN ACCOUNTING PRINCIPLE RESULTED IN AN ADJUSTMENT OF 827,276 TO BEGINNING NET ASSETS.