IT is the mission of Chi Ishobak to provide tribal citizens with access to affordable capital for the purpose of home mortgages, business loans, and individual financial development through collaborative and education-oriented lending services. And also to practice responsible lending in order to protect loan capital for future generations of tribal citizens.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$176K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.2M a year · 76% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$176K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
65 mo
of spending, in cash
Looks good: 64.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.1M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
-18% vs prior year
Spent
$814K
To programs
87%
Net assets
$13.9M
By yearFY2020–FY2024
Revenue
$3.4M
FY2024▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$2.5M
FY2022$1.9M
FY2023$4.1M
FY2024$3.4M
Expenses
$814K
FY2024▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$731K
FY2021$570K
FY2022$579K
FY2023$672K
FY2024$814K
Net assets
$13.9M
FY2024▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.8M
FY2021$6.8M
FY2022$7.9M
FY2023$11.4M
FY2024$13.9M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $709K Management & general 12% · $95K Fundraising 1% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $176K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$164,003Pt VII · Sec A
Secretary/Tr
$1,750Pt VII · Sec A
$1,750Pt VII · Sec A
Director
$1,750Pt VII · Sec A
$1,750Pt VII · Sec A
Director
$1,500Pt VII · Sec A
$1,250Pt VII · Sec A
Director
$1,000Pt VII · Sec A

Sean Winters’s $164K as Executive Di is at the 53rd percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sean Winters$164,003$147,565$147,565$147,380$121,675
Bruce Molnar$1,750$1,250$1,250$1,500$1,500
Joseph Silvia$1,750$1,500$1,500$1,250$1,500
Linda Cook$1,750$1,250$1,250$750$750
Jeremy Truitt$1,750$1,250$1,000$1,000$1,500
Brandon Rapp$1,500$1,500$1,250$1,000$1,000
Alicia Falcon$750$1,000$1,000$1,000$1,250
Joseph Riley II$1,250$1,250———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Chi Ishobak INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers affordable loans and financial education for tribal citizens' homes and businesses.

Questions for Chi Ishobak INC

Tap to ask. Chi Ishobak INC sees how many people are interested.

Your first name shows with your question. Chi Ishobak INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $709K · in their own filed words · FY2024
01

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.

$709Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$1.1M
Grants paid · 5 grants · $88K · 2020–2024
Unitemized GrantFY2024$18,723
Unitemized GrantFY2023$24,197
Unitemized GrantFY2022$12,208
Unitemized GrantFY2021$17,825
Unitemized GrantFY2020$15,050

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.4M
Ln 12
Gifts and grantsLn 1h$2.7M
Fees for servicesLn 2g$602K
Investment incomeLn 3$76K
Money outPt IX
$814K
Ln 25
Programscol B$709K
Managementcol C$95K
Fundraisingcol D$10K
Owns and owesPt X
$13.9M
net assets · Ln 32
Cash and savingsLn 1–2$4.4M
Total assetsLn 16$15.3M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
10
listed · VII A
PaidVII A9
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Government grantsLn 1e$1.6M
Fees for servicesLn 2g$602K
Investment incomeLn 3$76K
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
CashLn 1$636K
SavingsLn 2$3.8M
Cash and savings togetherLn 1–2$4.4M
InvestmentsLn 11–13$1.6M
Land, buildings, equipmentLn 10c$160K
Other assetsLn 15$25K
Total assetsLn 16$15.3M
LiabilitiesLn 26$1.4M
Net assetsLn 32$13.9M
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$6.0M$4.4M
InvestmentsLn 11–13$1.6M$1.6M
Land, buildings, equipmentLn 10c$160K
Total assetsLn 16$13.0M$15.3M
LiabilitiesLn 26$1.6M$1.4M
Net assetsLn 32$11.4M$13.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$19K$19K
Pay of current officers, directors and key staffLn 5$164K$136K$23K$5K
Other salaries and wagesLn 7$108K$91K$14K$3K
Pension plan contributionsLn 8$7K$7K
Other employee benefitsLn 9$44K$40K$4K$931
Payroll taxesLn 10$21K$18K$3K$636
Management feesLn 11a$22K$14K$8K
Legal feesLn 11b$10K$3K$7K
Accounting feesLn 11c$24K$7K$16K
Investment management feesLn 11f$4K$814$3K
Advertising and promotionLn 12$25K$25K
Office expensesLn 13$3K$3K$93
Information technologyLn 14$23K$22K$1K
OccupancyLn 16$15K$14K$755
TravelLn 17$9K$9K$218
InterestLn 20$29K$29K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$279K$279K$514
All other expensesLn 24e$1K$304$1K
Total functional expensesLn 25$814K$709K$95K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.4M$814K$2.5M$13.9M 990 PDF
FY2023 $4.1M$672K$3.4M$11.4M 990 PDF
FY2022 $1.9M$579K$1.3M$7.9M 990 PDF
FY2021 $2.5M$570K$2.0M$6.8M 990 PDF
FY2020 $2.3M$731K$1.6M$4.8M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,358,827 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,425,000$2,680,744
I-9 Program service revenuePrior year $621,886$602,298
I-10 Investment incomePrior year $60,002$75,785
I-11 Other revenue$0
I-12 Total revenuePrior year $4,106,888$3,358,827
I-13 Grants and similar amounts paidPrior year $24,197$18,723
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $357,201$343,950
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $290,372$451,073
I-18 Total expensesPrior year $671,770$813,746
I-19 Revenue less expensesPrior year $3,435,118$2,545,081
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,358,827 across 6 lines filed
VIII-1e Government grants$1,613,817
VIII-1f All other contributions, gifts and grants$1,066,927
VIII-1h Total contributions, gifts and grants$2,680,744
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $602,298$602,298
VIII-3 Investment incomeExcluded from tax $75,785$75,785
VIII-12 Total revenueRelated to mission $602,298 · Excluded from tax $75,785$3,358,827
Part IX · Statement of functional expenses $813,746 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $18,723$18,723
IX-5 Pay of current officers, directors and key staffPrograms $136,222 · Management $22,960 · Fundraising $4,821$164,003
IX-7 Other salaries and wagesPrograms $90,718 · Management $13,895 · Fundraising $3,379$107,992
IX-8 Pension plan contributionsManagement $6,544$6,544
IX-9 Other employee benefitsPrograms $39,742 · Management $3,726 · Fundraising $931$44,399
IX-10 Payroll taxesPrograms $17,832 · Management $2,544 · Fundraising $636$21,012
IX-11a Management feesPrograms $14,300 · Management $7,700$22,000
IX-11b Legal feesPrograms $3,192 · Management $7,239$10,431
IX-11c Accounting feesPrograms $7,239 · Management $16,419$23,658
IX-11f Investment management feesPrograms $814 · Management $2,888$3,702
IX-12 Advertising and promotionPrograms $25,297$25,297
IX-13 Office expensesPrograms $2,859 · Management $93$2,952
IX-14 Information technologyPrograms $21,539 · Management $1,134$22,673
IX-16 OccupancyPrograms $14,352 · Management $755$15,107
IX-17 TravelPrograms $8,505 · Management $218$8,723
IX-20 InterestPrograms $28,573$28,573
IX-23 InsuranceManagement $7,417$7,417
IX-24 Other expenses (24a–d)Programs $278,617 · Management $514$279,131
IX-24e All other expensesPrograms $304 · Management $1,105$1,409
IX-25 Total functional expensesPrograms $708,828 · Management $95,151 · Fundraising $9,767$813,746
Part X · Balance sheet $15,319,782 assets, 14 lines filed
Asset lines not itemized here account for $9,126,347; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $776,837$635,689
X-2 Savings and temporary cash investmentsStart of year $5,194,850$3,752,123
X-9 Prepaid expenses and deferred chargesStart of year $9,743$33,920
X-10c Land, buildings and equipment, net$160,337
X-11 Publicly traded securitiesStart of year $1,577,732$1,586,366
X-15 Other assetsStart of year $25,000$25,000
X-16 Total assetsStart of year $13,031,042$15,319,782
X-17 Accounts payable and accrued expensesStart of year $13,957$18,971
X-24 Unsecured notes and loans payableStart of year $1,607,277$1,355,770
X-26 Total liabilitiesStart of year $1,640,712$1,374,741
X-27 Net assets without donor restrictionsStart of year $11,244,376$13,358,262
X-28 Net assets with donor restrictionsStart of year $145,954$586,779
X-32 Total net assets or fund balancesStart of year $11,390,330$13,945,041
X-33 Total liabilities and net assetsStart of year $13,031,042$15,319,782
Part XI · Reconciliation of net assets $13,945,041 net assets at year end
XI-1 Total revenue$3,358,827
XI-2 Total expenses$813,746
XI-3 Revenue less expenses$2,545,081
XI-4 Net assets at start of year$11,390,330
XI-5 Net unrealized gains (losses) on investments$9,630
XI-10 Net assets at end of year$13,945,041

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.