Program areas at Oweesta Corporation
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.
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. Oweesta also lends to housing loan funds for capitalizing construction loan funds or for mortgage lending.
Grants made by Oweesta Corporation
Who funds Oweesta Corporation
Grants from foundations and other nonprofits
Personnel at Oweesta Corporation
| Name | Title | Compensation | Date of data |
|---|
| Fern Orie | Chief Operating Officer | $153,683 | 2023-06-30 |
| Florence Ludka | Chief Financial Officer | $169,413 | 2024-01-05 |
| Chrystel Cornelius | Executive Director | $188,362 | 2023-06-30 |
| Daniel Lee Sharp | Director of Finance | | 2023-06-11 |
| Sandy Thompson | Communications Director | | 2023-06-11 |
| ...and 9 more key personnel |
Financials for Oweesta Corporation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $9,647,728 | $7,475,034 | 29.1% |
| Program services | $1,684,340 | $1,051,529 | 60.2% |
| Investment income and dividends | $187,355 | $24,048 | 679.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $11,519,423 | $8,550,611 | 34.7% |
Organizations like Oweesta Corporation
| Organization | Type | Location | Revenue |
|---|
| Raza Development Fund | 501(c)(3) | Phoenix, AZ | $48,137,884 |
| Opening Doors | 501(c)(3) | Sacramento, CA | $8,397,343 |
| Lutheran Social Services of the National Capital Area | 501(c)(3) | Washington, DC | $31,422,277 |
| Neighborhood House | 501(c)(3) | Saint Paul, MN | $7,956,172 |
| El Centro | 501(c)(3) | Kansas City, KS | $4,550,472 |
| Native American Development Corporation | 501(c)(3) | Billings, MT | $7,833,169 |
| Lao Family Community Development (LFCD) | 501(c)(3) | Oakland, CA | $17,375,313 |
| El Centro Hispano | 501(c)(3) | Durham, NC | $5,224,727 |
| Central American Resource Center of Northern California (CARECEN) | 501(c)(3) | San Francisco, CA | $9,712,500 |
| Alliance for African Assistance | 501(c)(3) | San Diego, CA | $9,585,910 |
Data update history
February 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Human service organizationsEthnic centersCharities
Issues
Human servicesCommunity improvement
Characteristics
National levelReceives government fundingTax deductible donations
General information
- Address
- 2432 Main St 1st Floor
- Longmont, CO 80501
- Metro area
- Boulder, CO
- County
- Boulder County, CO
- Website URL
- oweesta.org/Â
- Phone
- (303) 774-8838
IRS details
- EIN
- 54-1970097
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1999
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- P84: Ethnic, Immigrant Centers and Services
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Independent
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