Plenty Doors Community Development Corporation

What it reported doing in 2024

- water, sanitation and hygiene (wash) program provides support and training for homeowners and local interested entities to build knowledge capacity and mobilize community agents to work with households. - weekly wash taskforce to discuss and better understand the necessary steps towards providing safe water and sanitation systems to rural households and communities. Includes local stakeholders. - cdbg-cv grant program - 2 homes now have safe drinking water and replaced 5 sewer systems, total cost $423, 940. Wash navigator was on site during construction for inspection and communication with contractors. Ongoing application assistance and review. - non cdbg home assistance, training to community: 61 wash surveys have been completed and 34 are eligible under hud income calculator. - center for disaster philanthropy (cdp) - the overarching goal of the project is to understand the current conditions of homes on the crow reservation and obtain resources to make repairs. Completed 15 home assessments across the reservation. The project is ongoing. An extension for this grant has been submitted. - a&e design meetings - a&e firm design update- the cmar and architect are suggesting that a redesign is the best approach to move forward for building 1.- a&e firm design schedule look ahead- redesign building 1 complete march 2025.- building #2 no later than june 30, 2025. - construction manager at risk update - the cmar is working with the architect, subcontractors and supplies on the redesign of building 1. Important - construction manager at risk schedule look ahead- start construction june 2025 per the plan of action. - finish construction april 29, 2026 per the plan of action. - plan of action- eda mortgage- plenty doors cdc is working with an attorney on the eda mortgage document. Plenty doors community development corporation developed wrap around support services for emerging small businesses and incentivize the development of small businesses the community needs. Maintained and expanded a business center open to the public for internet/computer use, copying, laminating, scanning, emailing and fax services with all materials available for use. - provided credit builder classes: 25 classes - 96 attendees - provided credit 1:1 coaching: 33 individuals - provided food handler classes: 13 classes - 117 attendees - provided indian equity fund classes: 5 classes - 35 attendees - provided small business classes: 5 classes - 46 attendees - provided running strong classes: 5 classes - 23 attendees - hosted 3 art markets and bazars, provided 71 vendors with an opportunity to sell their artwork and food. - community outreach presentations: 4 locations: little big horn college, crow tribal housing authority, lodge grass, plenty coups, wyola, and plenty doors office. - started 7 business, expanded 4, created 10 jobs, -technical assistance to entrepreneurs: 30 - provided notary services - provided vita tax services lending program: credit reports are pulled for every applicant, loans are reported to the credit bureau on a monthly basis. - 19 loans matured - 105 loans closed for 2024 is $96,316.94 - 5 loans charged off for $2,503.36 apsaalooke energy justice project was completed and the members created their own non-profit with a focus on energy efficient homes, workforce development, and economic development. The out reach included crow oral history projects, workforce development training with little big horn college, crow legislative branch, and other potential partners. Individual development program (the program is designed to help participants acquire assets and/or increase the value of assets already held, plenty doors will match ida program participants' savings deposits at a rate of 4:1, up to a maximum of $4,000, used for qualified assests or other uses approved by plenty doors ): - 67 participants:- 13 decided not to complete- 28 participants were paid out including the match- 26 participants reached their savings goal, are working t

Financial Efficiency

• Mission deployment rate: 62.2%; rating input score 62
• Program expense ratio: 81.3%; rating input score 81
• Fundraising efficiency: $32.9 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 97.1%; rating input score 97; 32nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 23.9%; rating input score 80; 80th percentile among comparable filings
• Total-asset coverage ratio: 1.66; rating input score 55; 55th percentile among comparable filings
• Liabilities to assets ratio: 0.19; rating input score 45; 45th percentile among comparable filings
• Officer compensation ratio: 4.2%; rating input score 60; 60th percentile among comparable filings

Growth

• Program expense growth: 40.9% per year; rating input score 100; 96th percentile among comparable filings
• Revenue growth: 36.5% per year; rating input score 100; 96th percentile among comparable filings
• Asset growth: 41.8% per year; rating input score 100; 97th percentile among comparable filings