BII GII WIIN COMMUNITY DEVELOPMENT LOAN FUND

MINNEAPOLIS, MN | Hennepin County
Economic Development

Overview

BII GII WIIN COMMUNITY DEVELOPMENT LOAN FUND
45-3579582
1113 E FRANKLIN AVE STE 200
MINNEAPOLIS, MN 55404
Hennepin County
(612) 402-0685

Mission Statement info

BII GII WIIN CDLF'S MISSION IS TO PROVIDE TRAINING AND ACCESS TO CAPITAL TO PROMOTE HOMEOWNERSHIP, ENTREPRENEURSHIP, AND FINANCIAL CAPABILITIES AMONG AMERICAN INDIAN FAMILIES, IN ADDITION TO INDIVIDUALS THROUGHOUT THE STATE OF MINNESOTA THROUGH THE PROVISION OF DEVELOPMENT SERVICES AND FINANCIAL PRODUCTS.

Founded info
2013
Total Employees info
5
Total Volunteers info
0
CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Nonprofit Classification (NTEE Code) info
S20

S - Community Improvement, Capacity Building

Community & Neighborhood Development

Organizations that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of an urban community or neighborhood. Use this code for community and neighborhood improvement organizations other than those specified below.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
11/24/2019
Native American CDFI info
Y
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2018
$144,400
Native American CDFI Assistance Technical Assistance
2017
$150,000
Native American CDFI Assistance Technical Assistance
2016
$143,720
Native American CDFI Assistance Technical Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$218.4K
Revenue
$218.4K
Assets
$96.4K
Exempt Ruling Date info
2012-10
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
1113 E FRANKLIN AVE STE 200
MINNEAPOLIS, MN 55404
Hennepin County
FIPS Geocoded Address info
33460
MSA/CBSA info
27
State info
053
County info
1055.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
Minneapolis-St. Paul-Bloomington, MN-WI
Combined Statistical Area info
Minneapolis-St. Paul, MN-WI
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 14.43%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
1055.00 Hennepin County
Population
Total Population 3,860 1,245,837
Total Households 2,326 508,030
Income
Median Family Income (Census*) $199,167 $78,167
Median Family Income (2019 FFIEC) $93,000 N/A
Tract Income Percentage 235.45% N/A
Below Poverty Level 7.8% 10.4%
Unemployment Level 4.0% 3.8%
Housing
Total Housing Units 2,446 533,880
Total Owner-Occupied Units 39.7% 62.4%
Total Renter-Occupied Units 55.4% 37.6%
Total Vacant Units 4.9% 4.5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

5
Total Voting Members
in Governing Body
info
0
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Kit Fordham
Executive Director
(612) 402-0685
Principal Officer info
Kit Fordham
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.