WESTWATER FINANCIAL INC

SANTA ROSA, CA | Sonoma County
Community Services

Overview

WESTWATER FINANCIAL INC
61-1668194
55A SAINT JAMES DR
SANTA ROSA, CA 95403
Sonoma County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S40

S - Community Improvement, Capacity Building

Business & Industry

Organizations that provide technical assistance, loans, loan guarantees and other forms of assistance to support the development and growth of a wide variety of business establishments in the community.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813910
Business Associations

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2021 $200,000 CDFI Rapid Response Program (COVID-19) open_in_new Westwater Financial, Inc.
2016 $200,000 Native American CDFI Financial Assistance open_in_new Westwater Financial, Inc.
2013 $146,600 Native American CDFI Technical Assistance open_in_new Westwater Financial, Inc.
2014 $149,783 Native American CDFI Technical Assistance open_in_new Westwater Financial, Inc.
2017 $149,995 Native American CDFI Technical Assistance open_in_new Westwater Financial, Inc.
2018 $144,742 Native American CDFI Technical Assistance open_in_new Westwater Financial, Inc.
2019 $150,000 Native American CDFI Technical Assistance open_in_new Westwater Financial, Inc.
2020 $150,000 Native American CDFI Technical Assistance open_in_new Westwater Financial, Inc.
2022 $150,000 Native American CDFI Technical Assistance open_in_new Westwater Financial, Inc.

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$232.9K
Revenue
$232.9K
Assets
$0

IRS Business Master File Details info

As of Oct 2023
Exempt Ruling Date info
2012-11
Deductibility Status info
Deductible
Last Tax Filing info
2021
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
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 Publication 78 Details info

As of Nov 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12

Nonprofit Location

Physical Address info
55A SAINT JAMES DR
SANTA ROSA, CA 95403
Sonoma County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
42220
MSA/MD info
06
State info
097
County info
1527.02
Tract info
Middle
Income Level info
Core-Based Statistical Area info
42220 - Santa Rosa-Petaluma, CA
Combined Statistical Area info
488 - San Jose-San Francisco-Oakland, CA
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 41.70%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
1527.02 Sonoma County
Population
Total Population 5,007 492,498
Total Households 1,637 188,841
Income
Median Family Income (Census*) $96,125 $91,607
Median Family Income (2023 FFIEC est.) $128,100 $112,800
Tract Income Percentage 93.86% N/A
Below Poverty Level 5.4% 8.7%
Unemployment Level 2.2% 5.1%
Housing
Total Housing Units 1,735 205,136
Total Owner-Occupied Units 49.8% 61.4%
Total Renter-Occupied Units 44.6% 38.6%
Total Vacant Units 5.6% 3.5%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body
info
6
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Alicia Burns
(707) 419-3070
Principal Officer info
Alicia Burns
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower 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
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-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 help.findcra.com.