Native Community Capital
- Assets
- $14.0m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Laguna, NM
- Founding
- 04/2011
- Data as of
- 12/2021
- EIN
- 27-0735586
Organization Overview
Native Community Capital is located in Laguna, NM. The organization was established in 2011. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Native Community Capital employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Native Community Capital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Native Community Capital generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 69.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 28.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NATIVE COMMUNITY CAPITAL'S MISSION IS TO PROVIDE TECHNICAL ASSISTANCE AND FINANCIAL CAPITAL IN THE FORM OF LOANS TO NATIVE AMERICANS FOR THE PURPOSE OF ADVANCING TRIBAL SELF-DETERMINATION BY WORKING AS A LENDER AND AS AN HONEST BROKER FOR UNLOCKING CAPITAL RESOURCES NECESSARY TO BUILD TRIBAL ECONOMIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIVE COMMUNITY CAPITAL PROVIDED TECHNICAL ASSISTANCE AND FINANCIAL CAPITAL IN THE FORM OF LOANS TO NATIVE AMERICANS FOR THE PURPOSE OF ADVANCING TRIBAL SELF-DETERMINATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Castillo CEO | Officer | 40 | $90,000 |
Todd Francis Coo/cfo | Officer | 40 | $90,000 |
Art Allison Treasurer | OfficerTrustee | 7.5 | $0 |
Jeff Atencio Vice-Chairma | OfficerTrustee | 7.5 | $0 |
Rodger Boyd Member | Trustee | 7.5 | $0 |
Liz Gamboa Secretary | OfficerTrustee | 7.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,383,419 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,408,756 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,792,175 |
| Total Program Service Revenue | $381,069 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,180,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,000 |
| Compensation of current officers, directors, key employees. | $54,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $337,691 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,034 |
| Payroll taxes | $48,095 |
| Fees for services: Management | $208,854 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $158,837 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,282 |
| Travel | $3,448 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,090 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,148,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,228,511 |
| Savings and temporary cash investments | $830,625 |
| Pledges and grants receivable | $192,702 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,969,199 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,549 |
| Net Land, buildings, and equipment | $7,315 |
| Investments—publicly traded securities | $726,224 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,958,125 |
| Accounts payable and accrued expenses | $638,638 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,641,074 |
| Unsecured mortgages and notes payable | $1,923,361 |
| Other liabilities | $0 |
| Total liabilities | $6,203,073 |
| Net assets without donor restrictions | $6,564,137 |
| Net assets with donor restrictions | $1,190,915 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,958,125 |