| The late Elouise Cobell, founder of Native American Community Development Corporation
Native American Community Development Corporation (NACDC) is a nonprofit IRS 501(c)(3) tax exempt organization established in 2002 as an independently operated affiliate of Native American Bancorporation and Native American Bank, N.A.
NACDC was founded under the leadership of Elouise Cobell, who served as its Executive Director until her death in 2011. Elouise was a great national leader, but one of her great strengths was her ability to stay focused on what all of her hard work was about, improving lives of individual Indian people. This philosophy has continued to guide NACDC’s efforts under the leadership of the current Executive Director, Angie Main.
NACDC’s overall mission is to assist tribal communities to achieve economic sovereignty and bolster tribal governmental sovereignty through a process of institutional as well as individual capacity building. While NAB has provided financial support and in-kind assistance, NACDC is primarily funded through grants and program sponsorships that it obtains from outside foundations and other institutional supporters
NACDC thrives by being a leader in implementing innovative multi-disciplined approaches to addressing community and economic development concerns in tribal communities. In this process it identifies and builds on the strengths of individuals as well as communities at large, emphasizing community and individual action while providing resources and specific training on an as-needed basis. When appropriate and necessary, NACDC collaborates with other entities that can provide resources and training thus maximizing the utilization of existing resources.
NACDC has an administrative presence in Denver, CO at the corporate offices of Native American Bank, but conducts most of its programmatic activities out of the Browning, MT office on the Blackfeet Reservation. There it also works in collaboration with the staff of a Native American Bank branch bank.
In addition, NACDC recently sponsored and supported the development of NACDC Financial Services, Inc., an independent community loan fund located in Browning, MT on the Blackfeet Indian Reservation. This loan fund is providing small loans in conjunction with credit counseling to individuals wishing to address outstanding high interest debt and repair their credit, and is preparing to initiate a small and micro-business loan program.
Description of Programmatic Activities
| Mini Bank students at Blackwell with MB Coordinator, Steven Powell.
Consistent with its overall mission to support the enhancement of economic sovereignty in tribal communities through institutional and individual capacity-building, NACDC focuses on activities in the following key areas:
- Financial Literacy for Youth and Adults
NACDC is committed to promoting financial literacy among both youth and adults in Native communities. It targets youth through a mini-bank program that combines educational curriculum with a savings initiative that encourages and facilitates student participation in banking activities. NACDC both operates specific programs in local schools on the Blackfeet Reservation and elsewhere, and provides technical assistance to other communities seeking to establish their own programs.
The adult financial literacy program has been administered primarily in collaboration with TANF clients on the Blackfeet Reservation.
- Small Business Development Assistance
NACDC operates a small business support services center on the Blackfeet Reservation with a focus on providing readily available community-based services targeted to meet the specific needs of individual businesses and aspiring entrepreneurs. In addition, NACDC sponsors open training sessions which target business plan development, financial management, and other topics related to establishing and managing small businesses and agricultural operations.
- Credit Management and Repair
Working in collaboration with NACDC Financial Services, Inc., NACDC is providing one-on-one counseling or guidance to individuals wishing to better manage their credit and overall financial situation. Successful clients gain access to “credit builder” loans if they are needed to help address credit deficiencies or challenges to effective credit management.
- In-kind support to NACDC Financial Services, Inc., an Independently Operated Loan Fund
NACDC sponsored the development of NACDC Financial Services, Inc. as an independently operated financing entity currently emphasizing credit repair and small/microenterprise loans in and around Native communities. In this role NACDC has provided extensive guidance in developing general management and loan portfolio management systems, and loan policies. It has also assisted in raising loan capital and provided initial management oversight. NACDC is currently offering assistance to other Native communities with emerging loan funds.
Angie Main, Executive Director
NACDC Board of Directors
Native American Community Development Corporation
Executive Office: 101 Pata Street, P.O. Box 3029, Browning, MT 59417
Phone: 406-338-2992; Fax 406-338-2751
Administrative Office: 999 18th Street, Suite 2460, Denver, CO 80202
Phone: 720-963-5507; Fax: 303-988-5533
NACDC Financial Services, Inc.
Patty Gobert, Loan Fund Manager
101 Pata Street, P.O. Box 3029, Browning, MT 59417
Phone: 406-338-2992; Fax 406-338-2751