Nonprofit · EIN 01-0732253
WHITE EARTH INVESTMENT INITIATIVE
Tax-exempt · DETROIT LAKES, MN 56501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,279,259 | $794,887 | $2,484,372 | $16,520,578 | $5,958,771 | $10,561,807 |
| December 31, 2023 | 990 | $893,097 | $793,492 | $99,605 | $12,262,515 | $4,185,080 | $8,077,435 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,639,550
- of which government grants
- $414,550
- Program service revenue
- $532,436
- Investment income
- $101,661
- Other revenue
- $5,612
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $19,700
- Other salaries and wages
- $292,267
- Salaries, compensation and benefits (total)
- $389,179
- Professional fundraising fees
- $0
- Accounting fees
- $21,560
- Occupancy
- $66,788
- Travel
- $29,651
- Depreciation
- $17,011
- Program services (functional)
- $716,861
- Management and general (functional)
- $63,235
- Fundraising (functional)
- $14,791
Balance sheet and other
- Total assets, start of year
- $12,262,515
- Total assets, end of year
- $16,520,578
- Total liabilities, end of year
- $5,958,771
- Net assets, end of year
- $10,561,807
- Land, buildings and equipment
- $286,168
- Net assets without donor restrictions
- $9,811,807
- Net assets with donor restrictions
- $750,000
- Gross receipts
- $3,279,259
- Employees
- 4
- Volunteers
- 11
- Year formed
- 2002
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JULIA NELMARK | CHIEF EXECUTIVE OFFICER Officer | 5 | $0 | $293,087 | $65,250 |
| JESSICA JOHNSON | BOARD CHAIRWOMAN Trustee or director, Officer | 0.5 | $7,600 | $0 | $0 |
| ROBERT AITKIN III | VICE-CHAIR Trustee or director | 0.5 | $3,250 | $0 | $0 |
| DEAN JOHNSON | SECRETARY Trustee or director | 0.5 | $3,250 | $0 | $0 |
| MELINDA IVERSON | DIRECTOR Trustee or director | 0.5 | $2,800 | $0 | $0 |
| DOUG FABRE | DIRECTOR Trustee or director | 0.5 | $1,600 | $0 | $0 |
| BARBARA FABRE | DIRECTOR Trustee or director | 0.5 | $1,200 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JULIA NELMARK | CHIEF EXECUTIVE OFFICER Officer | 5 | $0 | $347,022 | $64,000 |
| ROBERT AITKIN III | VICE-CHAIR Trustee or director | 0.5 | $2,600 | $0 | $0 |
| DOUG FABRE | DIRECTOR Trustee or director | 0.5 | $2,400 | $0 | $0 |
| DEAN JOHNSON | SECRETARY Trustee or director | 0.5 | $2,200 | $0 | $0 |
| JESSICA TOLIFSON | BOARD CHAIRWOMAN Trustee or director, Officer | 0.5 | $2,000 | $0 | $0 |
| MELINDA IVERSON | DIRECTOR Trustee or director | 0.5 | $2,000 | $0 | $0 |
| DAN STEVENS | DIRECTOR Trustee or director | 0.5 | $800 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 119 GRAYSTONE PLZ STE 100, DETROIT LAKES, MN 56501-3034
- In care of
- % JULIA NELMARK
- Principal officer (990 for 2024)
- JULIA NELMARK, 407 MAIN STREET, OGEMA, MN 56569
- Signed the 990
- JULIA NELMARK, CHIEF EXECUTIVE OFFICER
- Phone
- (218) 847-3191
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO ENGAGE IN COMMUNITY, ECONOMIC, AND HOUSING DEVELOPMENT ON THE WHITE EARTH INDIAN RESERVATION, WITH THE AIM OF HELPING TO ALLEVIATE POVERTY AND ENHANCING THE STANDARD OF LIVING FOR THE RESIDENTS THERE.
Program accomplishments
- BUSINESS LOAN FUND: THE WHITE EARTH INVESTMENT INITIATIVE ENGAGES IN COMMUNITY ECONOMIC DEVELOPMENT SERVICES, TARGETING RESIDENTS OF THE WHITE EARTH RESERVATION AND OTHER NATIVE AMERICANS STATEWIDE. IN 2024, 4 COMMERCIAL LOANS TOTALING $842,920 WERE PROVIDED FOR NATIVE COMMUNITY BUSINESSES AND FACILITIES. 48 JOBS WERE RETAINED WITH THESE FUNDS.Expenses $261,767 · revenue $385,166
- CONSUMER LOAN FUND: 230 CONSUMER LOANS TOTALING $1,047,559WERE CLOSED IN 2024. THE VAST MAJORITY WERE NATIVE AMERICAN CLIENTS LIVING WITHIN THE BOUNDARIES OF THE WHITE EARTH RESERVATION. COMMON USES OF FUNDS INCLUDED DEBT CONSOLIDATION OR PAYOFF OF HIGH RATE LOANS, CAR REPAIR OR PURCHASE, CHRISTMAS AND BACK-TO-SCHOOL LOANS. CONSUMERS MAY FACE BARRIERS TO MAINSTREAM CREDIT AND MAY HAVE TOO MUCH DEBT, HAVE DEBT THAT IS POORLY STRUCTURED OR MAY HAVE PROBLEMS MANAGING THEIR DEBT; FAVORABLE TERMS MAY INCLUDE LOWER-THAN STANDARD DOWN-PAYMENT, HIGHER LOAN-TO-VALUE RATIO, ETC. THEY ALSO ORIGINATED 3 MORTGAGE LOANS IN 2024 IN THE AMOUNT OF $255,000 AND 4 CLOSING COST ASSISTANCE LOANS TOTALING $33,500.Expenses $256,308 · revenue $128,370
- DEVELOPMENT SERVICES: WEII DEVELOPMENT SERVICES OFFERS HOMEBUYER EDUCATION, HOUSING COUNSELING AND TAXPAYER ASSISTANCE TO RESIDENTS OF THE WHITE EARTH RESERVATION AND SURROUNDING COMMUNITIES TO SUPPORT FINANCIAL LITERACY AND ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND SERVICES AND HOMEOWNERSHIP. IN 2024, 651 FEDERAL TAX RETURNS WERE FILED FREE OF CHARGE THROUGH THE TAX PREPARATION PROGRAM, A SUBSTANTIAL INCREASE (96 RETURNS) OVER THE NUMBER OF FEDERAL RETURNS FILED IN 2023. IN 2024, 49 HOUSEHOLDS RECEIVED CLASSROOM-INSTRUCTED HOMEBUYER EDUCATION AND 10 HOUSEHOLDS RECEIVED ONE-ON-ONE COUNSELING. HOMEBUYER EDUCATION NUMBERS WERE OVER TRIPLE THE NUMBERS SEEN THE YEAR PRIOR. 2024 COUNSELING OUTCOMES WERE LOWER THAN IN 2023.Expenses $198,786
- OTHER RENTAL INCOMErevenue $18,900
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0732253
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $16,520,578
- Income (IRS master file)
- $3,279,259
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,279,259 | $794,887 | $16,520,578 | IRS |
| 990 | December 2023 | $893,097 | $793,492 | $12,262,515 | XML |
| 990 | December 2022 | $2,160,272 | $769,602 | $11,663,427 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0732253).
Questions about WHITE EARTH INVESTMENT INITIATIVE
- What is the EIN of WHITE EARTH INVESTMENT INITIATIVE?
- The employer identification number (EIN) of WHITE EARTH INVESTMENT INITIATIVE is 01-0732253.
- Is WHITE EARTH INVESTMENT INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to WHITE EARTH INVESTMENT INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WHITE EARTH INVESTMENT INITIATIVE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WHITE EARTH INVESTMENT INITIATIVE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WHITE EARTH INVESTMENT INITIATIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WHITE EARTH INVESTMENT INITIATIVE?
- The 990 for the year ended December 31, 2024 names JULIA NELMARK.
- Who are the officers and directors of WHITE EARTH INVESTMENT INITIATIVE?
- The 990 for the year ended December 31, 2024 lists 7 people; 6 received compensation from the organization.
- How much revenue does WHITE EARTH INVESTMENT INITIATIVE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,279,259, expenses of $794,887 and total assets of $16,520,578 at year end.
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All nonprofits in DETROIT LAKES · Minnesota · Community improvement and capacity building