GRAMEEN AMERICA INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GRAMEEN AMERICA INC (EIN 20-8497991)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-10
- IRS object ID
- 202103149349305070
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-10T14:00:45-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208497991 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRAMEEN AMERICA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRAM | BusinessNameControlTxt |
| Phone | 7187040424 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82-11 37TH AVENUE NO 607 | AddressLine1Txt |
| City | JACKSON HEIGHTS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11372 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREA JUNG | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 7187040424 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANDREA | PersonFirstNm |
| Person Last | JUNG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT THOMPSETT | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2125990100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | ANDREA JUNG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82-11 37TH AVENUE NO 607 | AddressLine1Txt |
| City | JACKSON HEIGHTS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11372 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $55,642,935 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GRAMEENAMERICA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | GRAMEEN AMERICA IS DEDICATED TO HELPING LOW INCOME ENTREPRENEURIAL WOMEN. (SEE SCHEDULE O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 213 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $28,206,183 | PYContributionsGrantsAmt |
| CY Contributions Grants | $43,135,716 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $15,059,352 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $11,566,257 | CYProgramServiceRevenueAmt |
| PY Investment Income | $405,347 | PYInvestmentIncomeAmt |
| CY Investment Income | $294,128 | CYInvestmentIncomeAmt |
| PY Other Revenue | $329,005 | PYOtherRevenueAmt |
| CY Other Revenue | $608,966 | CYOtherRevenueAmt |
| PY Total Revenue | $43,999,887 | PYTotalRevenueAmt |
| CY Total Revenue | $55,605,067 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,055,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,157,320 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,256,893 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,537,800 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $249,740 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $20,090 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $916,468 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,674,721 | PYOtherExpensesAmt |
| CY Other Expenses | $7,977,825 | CYOtherExpensesAmt |
| PY Total Expenses | $21,236,354 | PYTotalExpensesAmt |
| CY Total Expenses | $21,693,035 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $22,763,533 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $33,912,032 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $146,277,303 | TotalAssetsBOYAmt |
| Total Assets EOY | $203,595,580 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $77,166,361 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $101,552,309 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $69,110,942 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $102,043,271 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $19,914,034 | ExpenseAmt |
| Grant | $2,157,320 | GrantAmt |
| Revenue | $11,566,257 | RevenueAmt |
| Desc | GRAMEEN AMERICA IS DEDICATED TO HELPING LOW INCOME ENTREPRENEURIAL WOMEN BUILD SMALL BUSINESSES TO CREATE BETTER LIVES FOR THEMSELVES AND THEIR FAMILIES. WE OFFER MICROLOANS, TRAINING AND SUPPORT TO TRANSFORM COMMUNITIES AND FIGHT POVERTY IN THE UNITED STATES. GRAMEEN AMERICA HAD A REPAYMENT RATE OF 99% DURING 2020. | Desc |
| Total Program Service Expenses | $19,914,034 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 29 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 213 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOEL SHTEIR CPA | PersonNm |
| Phone | 7187040359 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82-11 37TH AVENUE SUITE 607 | AddressLine1Txt |
| City | JACKSON HEIGHTS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11372 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| DAVID GOUGH | ||||||||
| SENIOR VICE PRESIDENT & CFO | 37.50 | 5.00 | Yes (X) | $320,060 | $0 | $16,302 | ||
| MINDEE BARHAM | ||||||||
| VICE PRESIDENT OF DEVELOPMENT | 40.00 | 0.00 | $202,231 | $0 | $27,445 | Yes (X) | ||
| MARY MAJEWSKI | ||||||||
| SECRETARY & GENERAL COUNSEL | 37.50 | 5.00 | Yes (X) | $175,897 | $0 | $12,925 | ||
| MIRIAM BENITEZ NIEVES | ||||||||
| VICE PRESIDENT HUMAN RESOURCES | 40.00 | 0.00 | $175,043 | $0 | $12,784 | Yes (X) | ||
| HABIB CHOWDHURY | ||||||||
| VP, NATIONAL OPERATIONS | 40.00 | 0.00 | $155,167 | $0 | $18,745 | Yes (X) | ||
| MARCUS BERKOWITZ | ||||||||
| VP, TECHNOLOGY & INNOVATION | 40.00 | 0.00 | $162,674 | $0 | $10,534 | Yes (X) | ||
| ALETHIA MENDEZ | ||||||||
| VP, OPS & PROGRAM STRATEGY | 40.00 | 0.00 | $158,559 | $0 | $12,678 | Yes (X) | ||
| ANDREA JUNG | ||||||||
| PRESIDENT & CEO | 37.00 | 5.00 | Yes (X) | $57,480 | $0 | $9,328 | Yes (X) | |
| PROFESSOR MUHAMMAD YUNUS | ||||||||
| CHAIR | 5.00 | 0.10 | Yes (X) | $1 | $0 | $9,328 | Yes (X) | |
| VIDAR J JORGENSEN | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| JOHN F MEGRUE | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| MICHAEL D GRANOFF | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| KAREN PRITZKER | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| MAHMOUD MAMDANI | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| HOPE KNIGHT | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| ANTONIA HERNANDEZ | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| BENJAMIN FARKAS | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| ABDUL HAI KHAN | ||||||||
| DIRECTOR | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT ANNIBALE | ||||||||
| DIRECTOR (AS OF 03/2020) | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| NANDITA BAKHSHI | ||||||||
| DIRECTOR (AS OF 01/2020) | 0.50 | 0.10 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,407,112 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $130,069 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| INVAR TECHNOLOGIES INC | |||||
| 69 STRATFORD RD | BROOKLYN | NY | 11218 | IT SERVICES | $385,653 |
| GRANT THORNTON LLP | |||||
| 33570 TREASURY CENTER | CHICAGO | IL | 60694 | ACCOUNTING SERVICES | $110,270 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,723,000 | GovernmentGrantsAmt |
| All Other Contributions | $39,412,716 | AllOtherContributionsAmt |
| Noncash Contributions | $28,925 | NoncashContributionsAmt |
| Total Contributions | $43,135,716 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST ON MICROLOANS | Desc |
| Business | 520000 | BusinessCd |
| Total Revenue Column | $11,566,257 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,566,257 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $11,566,257 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $294,164 | TotalRevenueColumnAmt |
| Exclusion | $294,164 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $60,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $60,000 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,000 | TotalRevenueColumnAmt |
| Exclusion | $60,000 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $37,832 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $37,868 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$36 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$36 | TotalRevenueColumnAmt |
| Exclusion | -$36 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PARTICIPATION INCOME | 900099 | $252,386 | $252,386 |
| REBATES/REWARDS | 900099 | $147,366 | $147,366 |
| REIMBURSED EXPENSES | 900099 | $94,982 | $94,982 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,232 | TotalRevenueColumnAmt |
| Exclusion | $54,232 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $548,966 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,605,067 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,566,257 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $903,094 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,085,320 | TotalAmt |
| Program Services | $2,085,320 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,000 | TotalAmt |
| Program Services | $72,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $549,817 | TotalAmt |
| Program Services | $467,344 | ProgramServicesAmt |
| Management And General | $63,573 | ManagementAndGeneralAmt |
| Fundraising | $18,900 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,030,856 | TotalAmt |
| Program Services | $8,067,290 | ProgramServicesAmt |
| Management And General | $256,778 | ManagementAndGeneralAmt |
| Fundraising | $706,788 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,876 | TotalAmt |
| Program Services | $117,841 | ProgramServicesAmt |
| Management And General | $1,999 | ManagementAndGeneralAmt |
| Fundraising | $12,036 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,076,374 | TotalAmt |
| Program Services | $956,623 | ProgramServicesAmt |
| Management And General | $26,285 | ManagementAndGeneralAmt |
| Fundraising | $93,466 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $748,877 | TotalAmt |
| Program Services | $674,601 | ProgramServicesAmt |
| Management And General | $22,045 | ManagementAndGeneralAmt |
| Fundraising | $52,231 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,667 | TotalAmt |
| Program Services | $93,667 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,654 | TotalAmt |
| Management And General | $183,654 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,090 | TotalAmt |
| Fundraising | $20,090 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $413,746 | TotalAmt |
| Program Services | $364,700 | ProgramServicesAmt |
| Management And General | $40,546 | ManagementAndGeneralAmt |
| Fundraising | $8,500 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,772 | TotalAmt |
| Program Services | $9,163 | ProgramServicesAmt |
| Management And General | $2,609 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,283,044 | TotalAmt |
| Program Services | $1,272,799 | ProgramServicesAmt |
| Management And General | $8,784 | ManagementAndGeneralAmt |
| Fundraising | $1,461 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $887,711 | TotalAmt |
| Program Services | $754,059 | ProgramServicesAmt |
| Management And General | $133,652 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,207,646 | TotalAmt |
| Program Services | $1,123,458 | ProgramServicesAmt |
| Management And General | $84,188 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,568 | TotalAmt |
| Program Services | $177,851 | ProgramServicesAmt |
| Management And General | $5,721 | ManagementAndGeneralAmt |
| Fundraising | $2,996 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,483,382 | TotalAmt |
| Program Services | $2,483,382 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,385 | TotalAmt |
| Program Services | $18,177 | ProgramServicesAmt |
| Management And General | $3,208 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,972 | TotalAmt |
| Program Services | $104,526 | ProgramServicesAmt |
| Management And General | $18,446 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| BAD DEBT EXPENSE | $846,073 | $846,073 | |
| EQUIP. RENTAL & MAINT. | $46,200 | $42,991 | $3,209 |
| FILING FEES | $23,204 | $19,723 | $3,481 |
| BUS LICENSES & PERMITS | $5,719 | $4,936 | $783 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,082 | TotalAmt |
| Program Services | $157,510 | ProgramServicesAmt |
| Management And General | $3,572 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,693,035 | TotalAmt |
| Program Services | $19,914,034 | ProgramServicesAmt |
| Management And General | $862,533 | ManagementAndGeneralAmt |
| Fundraising | $916,468 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,823,898 | BOYAmt |
| EOY | $41,774,024 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,974,400 | BOYAmt |
| EOY | $47,915,807 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,632,603 | BOYAmt |
| EOY | $9,072,004 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,309 | BOYAmt |
| EOY | $14,529 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,602 | BOYAmt |
| EOY | $943,795 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $331,502 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $320,029 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,857 | BOYAmt |
| EOY | $11,473 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,286,979 | BOYAmt |
| EOY | $103,670,687 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,139,655 | BOYAmt |
| EOY | $193,261 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,277,303 | BOYAmt |
| EOY | $203,595,580 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,099,380 | BOYAmt |
| EOY | $1,755,322 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,955,981 | BOYAmt |
| EOY | $99,796,987 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,166,361 | BOYAmt |
| EOY | $101,552,309 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,519,873 | BOYAmt |
| EOY | $88,508,701 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,591,069 | BOYAmt |
| EOY | $13,534,570 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,110,942 | BOYAmt |
| EOY | $102,043,271 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,277,303 | BOYAmt |
| EOY | $203,595,580 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $33,912,032 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$979,703 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,179,098 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,449,506 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,928,877 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,206,183 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $43,135,716 | CurrentTaxYearAmt |
| Total | $105,899,380 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,179,098 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,449,506 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,928,877 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,206,183 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $43,135,716 | CurrentTaxYearAmt |
| Total | $105,899,380 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $26,664,337 | SubstantialContributorsTotAmt |
| Public Support Total170 | $79,235,043 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,263 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $67,478 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $234,925 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $245,113 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $354,164 | CurrentTaxYearAmt |
| Total | $937,943 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $116,345 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $117,566 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $269,005 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $548,966 | CurrentTaxYearAmt |
| Total | $1,051,882 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $107,889,205 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $56,058,232 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.73440 | PublicSupportCY170Pct |
| Public Support PY170 | 0.58310 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | PARTICIPATION INCOME - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 70,634. 2020 AMOUNT: $ 252,386. MISCELLANEOUS INCOME - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 2,465. 2018 AMOUNT: $ 7,242. 2019 AMOUNT: $ 26,527. 2020 AMOUNT: $ 54,232. REBATES/REWARDS - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 10,000. 2019 AMOUNT: $ 171,844. 2020 AMOUNT: $ 147,366. REIMBURSEMENT OF EXPENSES - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 53,035. 2018 AMOUNT: $ 75,339. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 94,982. FUNDRAISING INCOME - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 60,845. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. INSURANCE REFUND - 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 24,985. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $161,667 | OtherCostOrOtherBasisAmt |
| Depreciation | $151,985 | DepreciationAmt |
| Book Value | $9,682 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $169,835 | OtherCostOrOtherBasisAmt |
| Depreciation | $168,044 | DepreciationAmt |
| Book Value | $1,791 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $11,473 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PROGRAM LOANS, NET OF ALLOWANCE | $102,670,687 | C |
| INVESTMENT IN GASBF II | $1,000,000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $103,670,687 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $57,836,622 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $2,338,455 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $39,277 | OtherRevenueAmt |
| Revenue Not Reported | $2,377,732 | RevenueNotReportedAmt |
| Revenue Subtotal | $55,458,890 | RevenueSubtotalAmt |
| Other Revenues Not Included | $146,177 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $146,177 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $55,605,067 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $24,287,165 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $2,338,455 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $401,852 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,740,307 | ExpensesNotReportedAmt |
| Expenses Subtotal | $21,546,858 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $146,177 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $146,177 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $21,693,035 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION FOLLOWS GUIDANCE THAT CLARIFIES ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ORGANIZATION HAS PROCESSES IN PLACE TO ENSURE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS NOT RECORDED A PROVISION FOR INCOME TAXES AS IT HAS NO MATERIAL TAX LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | REVENUE ATTRIBUTABLE TO GRAMEEN PUERTO RICO, LLC REPORTED ON ITS OWN 990 39,277. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | REBATES NETTED ON FINANCIAL STATEMENTS 146,177. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES ATTRIBUTABLE TO GRAMEEN PUERTO RICO, LLC REPORTED ON ITS OWN 990 401,852. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | REBATES NETTED ON FINANCIAL STATEMENTS 146,177. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORR GROUP INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 747 3RD AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | STRATEGY | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $20,090 | RetainedByContractorAmt |
| Net To Organization | -$20,090 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $20,090 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$20,090 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| CALVERT IMPACT CAPITAL INC | |||||||
| 7315 WISCONSIN AVENUE | BETHESDA | MD | 20814 | 521591398 | 501(C)(3) | $300,000 | COVID GRANT TO SUPPORT COMMUNITIES WHERE GRAMEEN MEMBERS ARE LOCATED |
| GRAMEEN PRIMACARE INC | |||||||
| 82-11 37TH AVENUE SUITE 607 | JACKSON HEIGHTS | NY | 11372 | 463181224 | 501(C)(3) | $1,785,320 | PROGRAM SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SUPPORT FOR FAMILIES OF GAI MEMBERS WHO PASSED AWAY FROM COVID-19 | GrantTypeTxt |
| Recipient | 36 | RecipientCnt |
| Cash Grant | $72,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | IN CALENDAR YEAR 2020, GRAMEEN AMERICA MADE GRANTS TO A RELATED PARTY, GRAMEEN PRIMACARE, INC. TO SUPPORT ITS OPERATIONAL ACTIVITIES. BOTH ORGANIZATIONS SHARE AN OVERLAPPING BOARD OF DIRECTORS WHO GOVERN AND OVERSEE EACH ORGANIZATION'S DAILY ACTIVITIES AND ENSURE THAT GRANTED FUNDS ARE USED TO FURTHER THEIR STATED EXEMPT MISSION. NO FURTHER MONITORING OF THE GRANT FUNDS IS REQUIRED SINCE GRAMEEN AMERICA IS ASSURED THAT THOSE FUNDS WILL BE SPENT ON MISSION-RELATED ACTIVITIES. GRAMEEN AMERICA MADE ONE LARGE GRANT IN 2020 TO ASSIST MEMBERS AND THEIR COMMUNITIES DURING THE COVID-19 CRISIS. THE GRANT IS TO BE DISBURSED TO AREAS WHERE GAI MEMBERS ARE LOCATED AND HELP REPAIR THOSE COMMUNITIES DURING THE ONGOING CRISIS. IN ADDITION, GRAMEEN MADE GRANTS TO MEMBERS WHO MAY HAVE SUFFERED A LOSS OF LIFE IN THEIR FAMILY DUE TO THE COVID-19 PANDEMIC. NO FURTHER MONITORING OF INDIVIDUAL GRANTS WERE REQUIRED AS THE FUNDS WERE ONLY DISBURSED TO THOSE MEMBERS KNOWN TO HAVE SUFFERED A LOSS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID GOUGH | ||||||||||||||
| SENIOR VICE PRESIDENT & CFO | $289,536 | $0 | $30,000 | $0 | $524 | $0 | $8,550 | $0 | $7,752 | $0 | $336,362 | $0 | $0 | $0 |
| MINDEE BARHAM | ||||||||||||||
| VICE PRESIDENT OF DEVELOPMENT | $176,713 | $0 | $25,000 | $0 | $518 | $0 | $6,405 | $0 | $21,040 | $0 | $229,676 | $0 | $0 | $0 |
| MARY MAJEWSKI | ||||||||||||||
| SECRETARY & GENERAL COUNSEL | $165,358 | $0 | $10,000 | $0 | $539 | $0 | $5,400 | $0 | $7,525 | $0 | $188,822 | $0 | $0 | $0 |
| MIRIAM BENITEZ NIEVES | ||||||||||||||
| VICE PRESIDENT HUMAN RESOURCES | $164,471 | $0 | $10,000 | $0 | $572 | $0 | $4,868 | $0 | $7,916 | $0 | $187,827 | $0 | $0 | $0 |
| HABIB CHOWDHURY | ||||||||||||||
| VP, NATIONAL OPERATIONS | $144,643 | $0 | $10,000 | $0 | $524 | $0 | $4,800 | $0 | $13,945 | $0 | $173,912 | $0 | $0 | $0 |
| MARCUS BERKOWITZ | ||||||||||||||
| VP, TECHNOLOGY & INNOVATION | $152,155 | $0 | $10,000 | $0 | $519 | $0 | $2,625 | $0 | $7,909 | $0 | $173,208 | $0 | $0 | $0 |
| ALETHIA MENDEZ | ||||||||||||||
| VP, OPS & PROGRAM STRATEGY | $147,987 | $0 | $10,000 | $0 | $572 | $0 | $4,800 | $0 | $7,878 | $0 | $171,237 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | GRAMEEN AMERICA, INC. PERMITS ONLY THE PRESIDENT & CEO TO FLY FIRST CLASS WHEN SHE IS TRAVELING ON MATTERS PERTAINING TO THE ORGANIZATION'S MISSION. THE PRESIDENT AND CEO PARTICIPATES IN THE ORGANIZATION'S HEALTH PLAN AND INCURRED ADDITIONAL OUT-OF-POCKET COSTS FOR MEDICAL SERVICES NOT COVERED BY THE PLAN. GRAMEEN AMERICA MADE THE DECISION TO REIMBURSE MS. JUNG FOR THOSE COSTS WHICH IS GROSSED UP AND REFLECTED IN FORM 990 PART VII COLUMN D. TO BE ELIGIBLE FOR GRAMEEN AMERICA'S HEALTHCARE BENEFITS, PROFESSOR YUNUS WAS REQUIRED TO DRAW A SALARY. PROFESSOR YUNUS' ELECTED TO RECEIVE A $1 SALARY IN CALENDAR YEAR 2020; THE VALUE OF THE HEALTHCARE BENEFITS HE RECEIVED IS REFLECTED IN FORM 990, PART VII, COLUMN F. |
| PART I, LINE 7 | IN CALENDAR YEAR 2020, GRAMEEN AMERICA PROVIDED BONUSES TO VARIOUS INDIVIDUALS REPORTED ON THE FORM 990 UPON MEETING CERTAIN OBJECTIVE PERFORMANCE-BASED CRITERIA AS OUTLINED IN THE ORGANIZATION'S COMPENSATION POLICY. THE PRESIDENT AND CEO SETS ALL PERFORMANCE OBJECTIVES AND APPROVES ALL BONUSES AT YEAR END. THESE PAYMENTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B)(II). |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $28,925 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | TO THE EXTENT THAT THE ORGANIZATION RECEIVES CONTRIBUTIONS OF STOCK, THE ORGANIZATION USES ITS INVESTMENT BROKER TO CONVERT THOSE STOCKS INTO CASH. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| GENERAL STATEMENT ABOUT THE COVID-19 PANDEMIC'S IMPACT: | TO HELP SUSTAIN ITSELF DURING THE ECONOMIC DISRUPTION WROUGHT BY THE PANDEMIC, THE ORGANIZATION SOUGHT ECONOMIC ASSISTANCE FROM THE GOVERNMENT. THE PAYCHECK PROTECTION PROGRAM ESTABLISHED BY THE CARES ACT PROVIDES SMALL BUSINESSES WITH FUNDS TO PAY UP TO 24 WEEKS OF CERTAIN NECESSARY EXPENDITURES, INCLUDING PAYROLL COSTS, RENT, AND UTILITIES. GRAMEEN AMERICA RECEIVED A PAYCHECK PROTECTION PROGRAM FORGIVABLE LOAN OF $1,806,500 AND REPORTED THIS AS GOVERNMENTAL GRANT REVENUE. THE ORGANIZATION RECEIVED FULL FORGIVENESS OF THE LOAN IN MARCH OF 2021 AS IT MET ALL THE CRITERIA REQUIRED BY THE SMALL BUSINESS ADMINISTRATION TO OBTAIN FORGIVENESS. THE ORGANIZATION MADE OPERATIONAL AND PROGRAMMATIC CHANGES DURING 2020 AS A RESULT OF THE PANDEMIC. BEGINNING IN APRIL 2020, PROGRAM DELIVERY MOVED FROM IN-PERSON MEETINGS TO A VIRTUAL ENVIRONMENT. ALL EMPLOYEES AT THE ORGANIZATION BEGAN WORKING REMOTELY. THE ORGANIZATION ALSO LAUNCHED AN ECONOMIC RELIEF PACKAGE FOR ITS MEMBERS WHICH INCLUDED FORGIVENESS OF ALL INTEREST DURING THE SECOND QUARTER OF 2020, PAYMENT ASSISTANCE TO THOSE MEMBERS WHO SUFFERED HEALTH CONSEQUENCES DUE TO ILLNESS CAUSED BY THE PANDEMIC AND FULL ABSORPTION OF THIRD PARTY MEMBER TRANSACTION FEES ON LOAN REPAYMENTS DURING THE SECOND QUARTER. AS OF DECEMBER 31, 2020, THE ORGANIZATION HAS $2,841 OF OUTSTANDING PRINCIPAL ON LOANS THAT HAS BEEN ADJUSTED DUE TO THE PANDEMIC. |
| FORM 990, PART I AND PART III: | GRAMEEN AMERICA IS DEDICATED TO HELPING LOW INCOME ENTREPRENEURIAL WOMEN BUILD SMALL BUSINESSES TO CREATE BETTER LIVES FOR THEMSELVES AND THEIR FAMILIES. FOUNDED BY NOBEL PEACE PRIZE RECIPIENT MUHAMMAD YUNUS, GRAMEEN AMERICA IS A SECTION 501(C)(3) NONPROFIT MICROFINANCE ORGANIZATION DEDICATED TO HELPING LOW INCOME ENTREPRENEURIAL WOMEN BUILD SMALL BUSINESSES TO CREATE BETTER LIVES FOR THEMSELVES AND THEIR FAMILIES. THE ORGANIZATION OFFERS MICROLOANS, TRAINING AND SUPPORT TO TRANSFORM COMMUNITIES AND FIGHT POVERTY IN THE UNITED STATES. SINCE OPENING IN JANUARY 2008, GRAMEEN AMERICA HAS INVESTED OVER $1.7 BILLION IN MORE THAN 133,000 LOW-INCOME WOMEN ENTREPRENEURS. STARTED IN JACKSON HEIGHTS, QUEENS, NYC, GRAMEEN AMERICA HAS EXPANDED TO 23 LOCATIONS IN NEW YORK CITY (7 BRANCHES), AUSTIN TX, HOUSTON TX, BOSTON MA, CHARLOTTE NC, INDIANAPOLIS IN, LOS ANGELES CA (3 BRANCHES), FRESNO CA, NEWARK NJ, OMAHA NE, OAKLAND CA, SAN JOSE CA, CHICAGO IL, MIAMI FL, AND UNION CITY NJ. LEARN MORE AT WWW.GRAMEENAMERICA.ORG. |
| FORM 990, PART VI, SECTION A, LINE 2 | PROFESSOR MUHAMMAD YUNUS, ABDUL HAI KHAN, AND VIDAR JORGENSEN HAVE BUSINESS RELATIONSHIPS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE ORGANIZATION IN CONJUNCTION WITH ITS OUTSIDE ACCOUNTING FIRM. UPON COMPLETION, IT IS REVIEWED BY SENIOR MANAGEMENT AND SHARED WITH THE BOARD OF DIRECTORS. THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS VIA EMAIL TO ENSURE THAT ALL MEMBERS ARE AWARE OF ITS CONTENTS. ONCE THE BOARD APPROVES THE 990 FOR FILING, IT IS SUBMITTED ELECTRONICALLY TO THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO TRUSTEES, OFFICERS, EMPLOYEES, AND ANY OTHER PERSON WHO WAS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF GAI. ON AN ANNUAL BASIS, CONFLICT OF INTEREST QUESTIONNAIRES ARE DISTRIBUTED TO TRUSTEES, OFFICERS, AND KEY EMPLOYEES. POTENTIAL CONFLICTS OF INTEREST INVOLVING TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REPORTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS AND EVALUATES CONFLICT OF INTEREST TRANSACTIONS. THE EXECUTIVE COMMITTEE ALSO REVIEWS EXISTING CONFLICTS OF INTEREST ON AN ANNUAL BASIS. AN INDIVIDUAL INVOLVED, DIRECTLY OR INDIRECTLY, IN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST TRANSACTION MAY NOT PARTICIPATE IN ANY DISCUSSION OF THE RELEVANT TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15B | PRESIDENT & CEO, ANDREA JUNG, ELECTS TO WORK FULL-TIME FOR AN ANNUAL SALARY OF $1. SINCE MS. JUNG IS EFFECTIVELY NOT COMPENSATED FOR THE SERVICES SHE RENDERS TO THE ORGANIZATION, GRAMEEN AMERICA DOES NOT ENGAGE IN A FORMAL COMPENSATION REVIEW PROCESS AND THUS MARKS QUESTION 15(A) NO. FORM 990, PART VI, SECTION B, LINE 15: GRAMEEN AMERICA, INC. RELIES UPON COMPARABILITY DATA FROM SIMILAR NOT-FOR-PROFIT ORGANIZATIONS WITHIN ITS GEOGRAPHIC AREA TO DETERMINE THE COMPENSATION OF ITS OFFICERS (BELOW ITS PRESIDENT AND CEO). |
| FORM 990, PART VI, SECTION C, LINE 19 | GAI MAKES ITS FORM 990, ANNUAL FINANCIAL STATEMENTS, ANNUAL REPORT AND MISSION STATEMENT AVAILABLE ON ITS WEBSITE AT WWW.GRAMEENAMERICA.ORG. THE ORGANIZING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AND AT MANAGEMENT'S DISCRETION. |
| FORM 990, PART XI, LINE 9: | OTHER CHANGES IN NET ASSETS ATTRIBUTABLE TO GRAMEEN PUERTO RICO, LLC -979,703. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GA FUND MANAGER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82-11 37TH AVENUE SUITE 607 | AddressLine1Txt |
| City | JACKSON HEIGHTS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11372 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 832270372 | EIN |
| Primary Activities | FUND MANAGER | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRAMEEN AMERICA | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| GRAMEEN AMERICA PUERTO RICO LLC | ||||||||||
| PO BOX 10655 | SAN JUAN | PR | 00922 | 660804803 | MICROLENDING | PR | 501(C)(3) | LINE 7 | GRAMEEN AMERICA | Yes (1) |
| GRAMEEN PRIMACARE INC | ||||||||||
| 82-11 37TH AVENUE SUITE 607 | JACKSON HEIGHTS | NY | 11372 | 463181224 | HEALTH CARE | NY | 501(C)(3) | LINE 7 | GRAMEEN AMERICA | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GA SOCIAL BUSINESS FUND II LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 82-11 37TH AVENUE SUITE 607 | AddressLine1Txt |
| City | JACKSON HEIGHTS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11372 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 832363522 | EIN |
| Primary Activities | PROGRAM RELATED INVESTMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Predominant Income Type | EXCLUDED FROM TAX | PredominantIncomeTypeTxt |
| Share Of Total Income | -$4,286 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $995,714 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.05710 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| GRAMEEN AMERICA (NY) INC | |||||||||
| 82-11 37TH AVENUE SUITE 607 | JACKSON HEIGHTS | NY | 10001 | INACTIVE | NY | GRAMEEN AMERICA | C | 1.00000 | Yes (1) |
| GRAMEEN AMERICA ASSOCIATION INC | |||||||||
| 82-11 37TH AVENUE SUITE 607 | JACKSON HEIGHTS | NY | 10001 | INACTIVE | NY | GRAMEEN AMERICA | C | 1.00000 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| GRAMEEN PRIMACARE INC | ||
| B | $1,785,320 | FMV |
| GRAMEEN PRIMACARE INC | ||
| K | $60,000 | FMV |