Public Charity

CHI ISHOBAK INC

CHI ISHOBAK INC is a nonprofit organization categorized as Public Charity based in DOWAGIAC, MI. Its most recent IRS filing (2024) reports revenue of $3.4M, expenses of $814K, total assets of $15.3M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $1.3M.

EIN: 352372805 DOWAGIAC, MI Rural Economic Development NTEE: S32 Latest filing: 2024
Total Revenue$3.4M
Total Expenses$814K
Total Assets$15.3M
Grant Records5
Funding Total$1.3M
Filing Years2020–2024

Mission

IT IS THE MISSION OF CHI ISHOBAK 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 ALSO TO PRACTICE RESPONSIBLE LENDING IN ORDER TO PROTECT LOAN CAPITAL FOR FUTURE GENERATIONS OF TRIBAL CITIZENS.

Where $100 goes at Chi Ishobak Inc

How Chi Ishobak Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$74 Programs the work itself
$24 Management running the organization
$2 Fundraising raising the next dollar

Inside the $74 for programs

$74
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…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Alicia Falcon
DIRECTOR Brandon Rapp
CHAIR Bruce Molnar
DIRECTOR Jeremy Truitt
DIRECTOR Joseph Riley Ii
SECRETARY/TR Joseph Silvia

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$1,100,000 3 grants
General Support
$132,500 1 grant
Unspecified
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.4M $814K $15.3M
2023 $4.1M $672K $13.0M
2022 $1.9M $579K $9.8M
2021 $2.5M $570K $9.2M
2020 $2.3M $731K $6.5M

Between 2020 and 2024, reported annual revenue grew from $2.3M to $3.4M (+44%), with total assets most recently reported at $15.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CHI ISHOBAK INC

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