EIN 26-3980654

Taala Fund

IRS 501(c) type
501(c)(3)
Num. employees
7
City
Taholah
Year formed
2009
Most recent tax filings
2022-12-01
Description
The Taala Fund aims to improve the quality of life for Quinault tribal members by providing business development and asset building on the Quinault Indian Reservation. It offers training, technical assistance, and personalized services to help clients start or expand businesses, improve their homes, and enhance their financial condition. Additionally, it serves as an unregulated small loan fund that lends micro-business loans, small business loans, credit builder loans, home improvement loans, auto loans and employee loans.
Total revenues
$746,615
2022
Total expenses
$646,491
2022
Total assets
$2,571,645
2022
Num. employees
7
2022

Program areas at Taala Fund

Lending: Taala Fund is an unregulated small loan fund that offers micro-business loans, small business loans, credit builder loans, home improvement loans, auto loans and an employee loan.
Education and Asset Building:Taala Fund offers training, technical assistance, and one-on-one services to assist our clients to start or expand businesses, improve their homes, and improve their financial condition.

Who funds Taala Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Inatai FoundationGeneral Operating Support$25,000

Personnel at Taala Fund

NameTitleCompensation
David MontgomeryPresident$0
Edcelena JamesVice President / Secretary / Board Member$0
Alice MorrisTreasurer and Sec.$0
Tracy AndersonPresident$0
Deborah MartinSecretary and Treasurer$0

Financials for Taala Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$606,324
Program services$103,248
Investment income and dividends$37,043
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$746,615

Form 990s for Taala Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-01-31990View PDF
...and 9 more Form 990s

Organizations like Taala Fund

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Community Development Finance Alliance (CDFA)Salt Lake City, UT$1,858,553
Prosperity WorksAlbuquerque, NM$660,541
Impact CapitalSeattle, WA$961,614
Cahec CapitalRaleigh, NC$611,115
Community LendingworksSpringfield, OR$226,409
Common CapitalSpringfield, MA$1,556,130
Community Investment Corporation of DecaturDecatur, IL$259,164
Data update history
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from Inatai Foundation
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvement
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
PO Box 702
Taholah, WA 98587
County
Grays Harbor County, WA
Website URL
taalafund.org/ 
Phone
(360) 276-0118
IRS details
EIN
26-3980654
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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