1. Directory
  2. Minnesota
  3. Leech Lake Financial Services
EIN 46-2579700

Leech Lake Financial Services

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Cass Lake
State
Minnesota
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
Leech Lake Financial Services promotes economic development by providing safe, affordable loans and financial training. It offers over 200 loans to individuals and businesses who typically do not qualify for conventional loans while also delivering essential financial training. Additionally, the community development program focuses on improving affordable housing in rural northern Minnesota and the Leech Lake reservation.
Total revenues
$789,469
2023
Total expenses
$878,081
2023
Total assets
$1,732,951
2023
Num. employees
6
2023

Program areas at Leech Lake Financial Services

The loan programs provided more than 200 loans to individuals and business who normally wouldn't qualify for a conventional loan. The program also provides Financial training.
The community development program is developing programs to improve the affordable housing in rural northern Minnesota and the Leech Lake reservation.

Who funds Leech Lake Financial Services

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Blandin FoundationProject Support for Community Development Capacity Building in Rural Minnesota$125,000
Blandin FoundationProject Support for Community Development Capacity Building in Ball Club in Itasca County$100,000
Northwest Area FoundationGeneral Operating Support$100,000
...and 3 more grants received

Personnel at Leech Lake Financial Services

NameTitleCompensation
Robert Aitken IIIExecutive Director
Randy FinnCommunity Development Director
Lynn WesselOffice Manager and Loan Officer
Pam SpongOperations and Finance Manager$88,705
Pamela SpongOperations and Financial Manager

Financials for Leech Lake Financial Services

RevenuesFYE 12/2023
Total grants, contributions, etc.$725,278
Program services$52,639
Investment income and dividends$0
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$11,552
Total revenues$789,469

Form 990s for Leech Lake Financial Services

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122024-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
...and 5 more Form 990s
Data update history
January 25, 2025
Updated personnel
Identified 1 new personnel
January 4, 2025
Received grants
Identified 2 new grant, including a grant for $125,000 from Blandin Foundation
January 3, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2025
Posted financials
Added Form 990 for fiscal year 2022
December 21, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsCharities
Issues
Human servicesCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 848
Cass Lake, MN 56633
County
Hubbard County, MN
Website URL
llfinancial.org/contact 
Phone
(218) 339-3940
IRS details
EIN
46-2579700
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
Free account sign-up

Want updates when Leech Lake Financial Services has new information, or want to find more organizations like Leech Lake Financial Services?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy