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Great Plains Housing Initiative Inc

EIN 99-3654702 · Summerset, SD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceFair69 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO INCREASE ACCESS TO HOUSING AND AFFORDABLE MORTGAGE CAPITAL IN NATIVE COMMUNITIES IN THE GREAT PLAINS REGION.

Income
$910,872
Spending
$567,394
Spent on programs
70%
Reserves
18.2 months of spending
Largest source of income
donations and private grants, 90%
Employees
0
Volunteers
0
Highest pay
$25,441, chair (termed sept 2025)

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 80% of charities in its peer group (housing, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 18.2 months of spending.

  • Debt

    5 of 20

    It owes 62% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 38% of income.

  • Income trend

    15 of 15

    Income rose 75% on the year before.

  • Spending floor

    15 of 15

    70% of spending went to programs and raising each dollar of donations cost 5 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 69 out of 100. Higher than 32% of charities in its peer group (housing, $250k to $1m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $183,963 spent. HOUSING DEVELOPMENT CONSULTING: GREAT PLAINS HOUSING INITIATIVE (GPHI) PROVIDES SERVICES TO CLIENTS RELATED TO PREDEVELOPMENT PLANNING, AFFORDABLE HOUSING DEVELOPMENT, HOMELESSNESS, COMMUNITY DEVELOPMENT, PROJECT FINANCING, PERFORMANCE MEASUREMENT, ORGANIZATIONAL CAPACITY BUILDING AND DEVELOPMENT, AND OTHER CLIENT NEEDS NECESSARY TO INCREASE AND MAINTAIN HOUSING OPPORTUNITIES IN NATIVE COMMUNITIES. CONSULTING SERVICES MAY BE PROVIDED TO TRIBES, TRIBAL DEPARTMENTS, TRIBALLY DESIGNATED HOUSING ENTITIES, AND NONPROFIT AFFORDABLE HOUSING DEVELOPERS ON THE NINE RESERVATIONS IN SOUTH DAKOTA AS WELL AS SURROUNDING PLAINS STATES, WHICH INCLUDE COLORADO, MONTANA, NORTH DAKOTA, NEBRASKA, UTAH, AND WYOMING.
  2. $109,218 spent. NATIVE IMPACT FUND (NIF): GPHI HAS ESTABLISHED THE NATIVE IMPACT FUND, A PROGRAM AIMED AT INCREASING ACCESS TO AFFORDABLE MORTGAGE CAPITAL IN NATIVE COMMUNITIES BY RECAPITALIZING THE PORTFOLIOS OF COMMUNITY LENDERS, INCLUDING NATIVE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (NATIVE CDFIS), CREDIT UNIONS, AND OTHER LENDERS SERVING NATIVE COMMUNITIES. NIF'S PURPOSE IS TO RECAPITALIZE FUNDS THROUGH PURCHASING PERFORMING LOANS MADE BY COMMUNITY LENDERS AND ISSUING NOTES TO ACCREDITED INVESTORS. THE PROCEEDS OF THESE TRANSACTIONS IN TURN ENABLE THESE COMMUNITY LENDERS TO INCREASE THE NUMBER OF HOUSING LOANS ORIGINATED IN NATIVE COMMUNITIES.
  3. $103,415 spent. HOUSING REHABILITATION: GPHI BEGAN THE HOUSING REHABILITATION PROGRAM WITH THE WEBSTER HOUSE PROJECT, A DONATED HOME NEAR A TRIBAL COMMUNITY, WHICH WAS REHABILITATED WITH STRUCTURAL, SAFETY, AND ENERGY EFFICIENCY UPGRADES. UPON COMPLETION, THE HOME WILL BE SOLD TO MAINTAIN COMMUNITY OWNERSHIP AND PROVIDE SAFE, AFFORDABLE HOUSING. THE PROGRAM PRESERVES NEIGHBORHOOD ASSETS, SUPPORTS HOMEOWNERSHIP, AND PROMOTES LONG-TERM COMMUNITY STABILITY.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.