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Nonprofit · EIN 86-3663621

NATIVE WOMEN LEAD INC

Also known as NATIVE WOMEN LEAD NON-PROFIT

Tax-exempt · ALBUQUERQUE, NM 87108

Financials

$211K$130K2023$2.5M$778K2024
Revenue Expenses · by fiscal year end
Financials of NATIVE WOMEN LEAD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,471,492$777,666$1,693,826$1,830,833$19,800$1,811,033
December 31, 2023990$210,795$129,667$81,128$118,123$916$117,207
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,466,720
Program service revenue
$0
Investment income
$1,632
Other revenue
$3,140

Expenses

Grants and similar amounts paid
$6,153
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,701
Accounting fees
$19,300
Travel
$61,207
Program services (functional)
$637,111
Management and general (functional)
$113,268
Fundraising (functional)
$27,287

Balance sheet and other

Total assets, start of year
$118,123
Total assets, end of year
$1,830,833
Total liabilities, end of year
$19,800
Net assets, end of year
$1,811,033
Net assets without donor restrictions
$1,811,033
Gross receipts
$2,471,492
Employees
0
Volunteers
5
Year formed
2021
State of legal domicile
NM

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.

NameTitleHours / weekCompensation
VERNELLE CHASEPRESIDENT -INTERIM EXEC. DIREC
Trustee or director, Officer
33$113,937
JOAN TIMECHECHAIRWOMAN
Trustee or director, Officer
5$634
VINA LITTLE OWLTREASURER/SECRETARY
Trustee or director, Officer
5$500
PHOEBE SUINAMEMBER
Trustee or director
5$500
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
VERNELLE CHASEPRESIDENT
Trustee or director, Officer
8$0
VERONICA LANETREASURER
Trustee or director, Officer
5$0
PHOEBE SUINAMEMBER
Trustee or director
4$0
JOAN TIMECHEMEMBER
Trustee or director
4$0

Address and contacts

Address (IRS master file)
120 MORNINGSIDE DR SE, ALBUQUERQUE, NM 87108-2632
In care of
% VERNELLE CHASE
Principal officer (990 for 2024)
VERNELLE CHASE, 301 GOLD AVE SW102, ALBUQUERQUE, NM 87102
Signed the 990
VERNELLE CHASE, PRESIDENT
Phone
(505) 470-1732
Return prepared by
R&A CPAS PLLC

Mission

TO REVOLUTIONIZE SYSTEMS AND INSPIRE INNOVATION BY INVESTING IN NATIVE WOMEN IN BUSINESS. WE DO THIS BY CO-CREATING WITH AND CONVENING OUR COMMUNITY TO BUILD COALITION WHILE HONORING OUR CULTURE, CREATIVITY AND CONNECTIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • Community Convening & Learning Native Women Lead provides in-person and virtual programming and events for Native Women Entrepreneurs through our Native Women's Business Summit, Business Retreats and Capital Summits. We also provide hybrid options for convening and virtual programming to make all of our offerings to the community accessible to all Native women wherever they may be located. We convene our community to provide workshops, listening sessions, training and self care activities that focus on providing support, restoration, resources and a network for Native Women business owners.
    Expenses $402,750
  • Facilitating Access to Capital Native Women Lead currently has two (2) gender lens focused relationship-based lending programs to support Indigenous women-led businesses in New Mexico, Arizona, Colorado and Utah. Our Matriarch Funds provide access to equitable, patient capital while providing wrap-around technical assistance and support through coaching, mentorship, shared resources, community convenings and opportunities to earn 50% loan forgiveness. Our Matriarch Creative Fund currently serves 21 borrowers with loans ranging from $4,000-$9,000. Our Matriarch Restorative fund currently serves 7 borrowers with loans ranging from $15,000-$50,000.
    Expenses $163,488
  • STORY TELLING COMMUNICATIONS - native women lead uplifts our community through story telling by sharing the history, lived experiences and truths of our people. It is important to share the impact of the work we are doing with and in our communities. We do this through a gender lens focus by demonstrating the importance of the many roles that Native women hold as the caretakers, breadwinners, entrepreneurs and leaders of our families and communities. In our efforts to advocate and continue to fundraise for our communities and our work, we are telling our own stories and reclaiming our narrative by focusing on the benefits of not only supporting native women, but the rippling benefits to their families and the communities they are from.
    Expenses $70,873 · revenue $3,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-3663621
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,830,833
Income (IRS master file)
$2,471,492

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,471,492$777,666$1,830,833XML
990December 2023$210,795$129,667$118,123XML

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 86-3663621).

Questions about NATIVE WOMEN LEAD INC

What is the EIN of NATIVE WOMEN LEAD INC?
The employer identification number (EIN) of NATIVE WOMEN LEAD INC is 86-3663621.
Is NATIVE WOMEN LEAD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to NATIVE WOMEN LEAD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIVE WOMEN LEAD INC 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 NATIVE WOMEN LEAD INC 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 NATIVE WOMEN LEAD INC 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 NATIVE WOMEN LEAD INC?
The 990 for the year ended December 31, 2024 names VERNELLE CHASE.
Who are the officers and directors of NATIVE WOMEN LEAD INC?
The 990 for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $113,937 (VERNELLE CHASE, PRESIDENT -INTERIM EXEC. DIREC).
How much revenue does NATIVE WOMEN LEAD INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,471,492, expenses of $777,666 and total assets of $1,830,833 at year end.

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