Nonprofit · EIN 86-3663621
NATIVE WOMEN LEAD INC
Also known as NATIVE WOMEN LEAD NON-PROFIT
Tax-exempt · ALBUQUERQUE, NM 87108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,471,492 | $777,666 | $1,693,826 | $1,830,833 | $19,800 | $1,811,033 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VERNELLE CHASE | PRESIDENT -INTERIM EXEC. DIREC Trustee or director, Officer | 33 | $113,937 |
| JOAN TIMECHE | CHAIRWOMAN Trustee or director, Officer | 5 | $634 |
| VINA LITTLE OWL | TREASURER/SECRETARY Trustee or director, Officer | 5 | $500 |
| PHOEBE SUINA | MEMBER Trustee or director | 5 | $500 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VERNELLE CHASE | PRESIDENT Trustee or director, Officer | 8 | $0 |
| VERONICA LANE | TREASURER Trustee or director, Officer | 5 | $0 |
| PHOEBE SUINA | MEMBER Trustee or director | 4 | $0 |
| JOAN TIMECHE | MEMBER 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
- Website
- WWW.NATIVEWOMENLEAD.ORG
- 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.
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 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
- 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
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $1,830,833
- Income (IRS master file)
- $2,471,492
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,471,492 | $777,666 | $1,830,833 | XML |
| 990 | December 2023 | $210,795 | $129,667 | $118,123 | XML |
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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