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EIN 35-2372805

Chi Ishobak

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Dowagiac
State
Michigan
Year formed
2009
Most recent tax filings
2023-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Chi Ishobak aims to enable tribal citizens to access affordable capital for business loans and individual financial development through collaborative and education-oriented lending services. Their mission also includes practicing responsible lending to protect loan recipients. The organization is located in Dowagiac, MI.
Total revenues
$4,106,888
2023
Total expenses
$671,770
2023
Total assets
$13,031,042
2023
Num. employees
4
2023

Program areas at Chi Ishobak

To provide tribal citizens with access to affordable capital for the purpose of business loans, and individual financial development through collaborative and education-oriented lending services and to practice responsible lending in order to protect loan capital for future generations of the tribe. The goal is to increase the financial capacity for tribal citizens and create economic opportunities. Over 1,000 tribal citizens have benefited from commerical loans, consumer loans, business debelopment assistance, and individual financial coaching. More than 1.4 million has been disbursed for small business expansion, small business start-up, and consumer uses.

Personnel at Chi Ishobak

NameTitleCompensation
Sean WintersExecutive Director$147,565
Patricia RaderProgram Manager
Joseph SilviaPast Secretary and Treasurer$1,500
Bruce MolnarChair$1,250
Troland ClayChairman$0
...and 1 more key personnel

Financials for Chi Ishobak

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,425,000
Program services$621,886
Investment income and dividends$60,002
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,106,888

Form 990s for Chi Ishobak

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-21990View PDF
2022-122023-06-28990View PDF
2021-122022-08-24990View PDF
2020-122021-06-28990View PDF
2019-122021-02-22990View PDF
...and 10 more Form 990s
Data update history
September 22, 2024
Used new vendors
Identified 1 new vendor, including
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 3, 2022
Received grants
Identified 1 new grant, including a grant for $50,000 from Opportunity Finance Network (OFN)
Nonprofit Types
Business and community development organizationsCharities
Issues
EducationEconomic developmentBusiness and industry
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
27043 Potawatomi Trail
Dowagiac, MI 49047
Metro area
South Bend-Mishawaka, IN-MI
County
Cass County, MI
Website URL
chiishobak.org/ 
Phone
(269) 783-4157
IRS details
EIN
35-2372805
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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