2021-11-10T14:00:45-06:00 2020-12-31 366055558 GRANT THORNTON 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2020-01-01 208497991 GRAMEEN AMERICA INC GRAM 7187040424 82-11 37TH AVENUE NO 607 JACKSON HEIGHTS NY 11372 ANDREA JUNG PRESIDENT & CEO 7187040424 2021-11-10 1 ANDREA JUNG XXX-XX-XXXX SCOTT THOMPSETT P00741490 2125990100 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X ANDREA JUNG 82-11 37TH AVENUE NO 607 JACKSON HEIGHTS NY 11372 55642935 0 X WWW.GRAMEENAMERICA.ORG X 2007 MA GRAMEEN AMERICA IS DEDICATED TO HELPING LOW INCOME ENTREPRENEURIAL WOMEN. (SEE SCHEDULE O) 13 12 213 12 0 0 28206183 43135716 15059352 11566257 405347 294128 329005 608966 43999887 55605067 2055000 2157320 0 0 11256893 11537800 249740 20090 916468 7674721 7977825 21236354 21693035 22763533 33912032 146277303 203595580 77166361 101552309 69110942 102043271 X SEE SCHEDULE O. 0 0 19914034 2157320 11566257 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. 19914034 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 29 0 1 213 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 CA CT FL IL MD MA MI NJ NY NC PA SC X X JOEL SHTEIR CPA 7187040359 82-11 37TH AVENUE SUITE 607 JACKSON HEIGHTS NY 11372 DAVID GOUGH SENIOR VICE PRESIDENT & CFO 37.50 5.00 X 320060 0 16302 MINDEE BARHAM VICE PRESIDENT OF DEVELOPMENT 40.00 0.00 X 202231 0 27445 MARY MAJEWSKI SECRETARY & GENERAL COUNSEL 37.50 5.00 X 175897 0 12925 MIRIAM BENITEZ NIEVES VICE PRESIDENT HUMAN RESOURCES 40.00 0.00 X 175043 0 12784 HABIB CHOWDHURY VP, NATIONAL OPERATIONS 40.00 0.00 X 155167 0 18745 MARCUS BERKOWITZ VP, TECHNOLOGY & INNOVATION 40.00 0.00 X 162674 0 10534 ALETHIA MENDEZ VP, OPS & PROGRAM STRATEGY 40.00 0.00 X 158559 0 12678 ANDREA JUNG PRESIDENT & CEO 37.00 5.00 X X 57480 0 9328 PROFESSOR MUHAMMAD YUNUS CHAIR 5.00 0.10 X X 1 0 9328 VIDAR J JORGENSEN DIRECTOR 0.50 0.10 X 0 0 0 JOHN F MEGRUE DIRECTOR 0.50 0.10 X 0 0 0 MICHAEL D GRANOFF DIRECTOR 0.50 0.10 X 0 0 0 KAREN PRITZKER DIRECTOR 0.50 0.10 X 0 0 0 MAHMOUD MAMDANI DIRECTOR 0.50 0.10 X 0 0 0 HOPE KNIGHT DIRECTOR 0.50 0.10 X 0 0 0 ANTONIA HERNANDEZ DIRECTOR 0.50 0.10 X 0 0 0 BENJAMIN FARKAS DIRECTOR 0.50 0.10 X 0 0 0 ABDUL HAI KHAN DIRECTOR 0.50 0.10 X 0 0 0 ROBERT ANNIBALE DIRECTOR (AS OF 03/2020) 0.50 0.10 X 0 0 0 NANDITA BAKHSHI DIRECTOR (AS OF 01/2020) 0.50 0.10 X 0 0 0 1407112 0 130069 13 0 1 0 INVAR TECHNOLOGIES INC 69 STRATFORD RD BROOKLYN NY 11218 IT SERVICES 385653 GRANT THORNTON LLP 33570 TREASURY CENTER CHICAGO IL 60694 ACCOUNTING SERVICES 110270 2 3723000 39412716 28925 43135716 INTEREST ON MICROLOANS 520000 11566257 11566257 11566257 294164 294164 60000 0 60000 60000 60000 37832 37868 -36 -36 -36 PARTICIPATION INCOME 900099 252386 252386 REBATES/REWARDS 900099 147366 147366 REIMBURSED EXPENSES 900099 94982 94982 54232 54232 548966 55605067 11566257 0 903094 2085320 2085320 72000 72000 549817 467344 63573 18900 9030856 8067290 256778 706788 131876 117841 1999 12036 1076374 956623 26285 93466 748877 674601 22045 52231 93667 93667 183654 183654 20090 20090 413746 364700 40546 8500 11772 9163 2609 1283044 1272799 8784 1461 887711 754059 133652 1207646 1123458 84188 186568 177851 5721 2996 2483382 2483382 21385 18177 3208 122972 104526 18446 BAD DEBT EXPENSE 846073 846073 EQUIP. RENTAL & MAINT. 46200 42991 3209 FILING FEES 23204 19723 3481 BUS LICENSES & PERMITS 5719 4936 783 161082 157510 3572 21693035 19914034 862533 916468 8823898 41774024 14974400 47915807 11632603 9072004 22309 14529 0 0 0 0 364602 943795 331502 320029 32857 11473 104286979 103670687 6139655 193261 146277303 203595580 3099380 1755322 0 0 73955981 99796987 111000 0 77166361 101552309 X 54519873 88508701 14591069 13534570 69110942 102043271 146277303 203595580 X 33912032 -979703 X 0 1 X 1 1 1 X 12179098 10449506 11928877 28206183 43135716 105899380 12179098 10449506 11928877 28206183 43135716 105899380 26664337 79235043 36263 67478 234925 245113 354164 937943 116345 117566 269005 548966 1051882 107889205 56058232 0.73440 0.58310 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 161667 151985 9682 169835 168044 1791 11473 PROGRAM LOANS, NET OF ALLOWANCE 102670687 C INVESTMENT IN GASBF II 1000000 C 103670687 X 57836622 2338455 39277 2377732 55458890 146177 146177 55605067 24287165 2338455 401852 2740307 21546858 146177 146177 21693035 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. X X X X X 1 ORR GROUP INC 747 3RD AVENUE NEW YORK NY 10017 STRATEGY 0 0 20090 -20090 20090 -20090 NY 1 CALVERT IMPACT CAPITAL INC 7315 WISCONSIN AVENUE BETHESDA MD 20814 521591398 501(C)(3) 300000 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) 1785320 PROGRAM SUPPORT 2 SUPPORT FOR FAMILIES OF GAI MEMBERS WHO PASSED AWAY FROM COVID-19 36 72000 PART I, LINE 2: 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. X X 1 1 0 0 0 0 0 0 0 1 0 DAVID GOUGH SENIOR VICE PRESIDENT & CFO 289536 0 30000 0 524 0 8550 0 7752 0 336362 0 0 0 MINDEE BARHAM VICE PRESIDENT OF DEVELOPMENT 176713 0 25000 0 518 0 6405 0 21040 0 229676 0 0 0 MARY MAJEWSKI SECRETARY & GENERAL COUNSEL 165358 0 10000 0 539 0 5400 0 7525 0 188822 0 0 0 MIRIAM BENITEZ NIEVES VICE PRESIDENT HUMAN RESOURCES 164471 0 10000 0 572 0 4868 0 7916 0 187827 0 0 0 HABIB CHOWDHURY VP, NATIONAL OPERATIONS 144643 0 10000 0 524 0 4800 0 13945 0 173912 0 0 0 MARCUS BERKOWITZ VP, TECHNOLOGY & INNOVATION 152155 0 10000 0 519 0 2625 0 7909 0 173208 0 0 0 ALETHIA MENDEZ VP, OPS & PROGRAM STRATEGY 147987 0 10000 0 572 0 4800 0 7878 0 171237 0 0 0 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). X 4 28925 FMV 0 1 1 PART I, LINE 32B: TO THE EXTENT THAT THE ORGANIZATION RECEIVES CONTRIBUTIONS OF STOCK, THE ORGANIZATION USES ITS INVESTMENT BROKER TO CONVERT THOSE STOCKS INTO CASH. 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. GA FUND MANAGER LLC 82-11 37TH AVENUE SUITE 607 JACKSON HEIGHTS NY 11372 832270372 FUND MANAGER DE 0 0 GRAMEEN AMERICA GRAMEEN AMERICA PUERTO RICO LLC PO BOX 10655 SAN JUAN PR 00922 660804803 MICROLENDING PR 501(C)(3) LINE 7 GRAMEEN AMERICA 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 1 GA SOCIAL BUSINESS FUND II LLC 82-11 37TH AVENUE SUITE 607 JACKSON HEIGHTS NY 11372 832363522 PROGRAM RELATED INVESTMENT NY N/A EXCLUDED FROM TAX -4286 995714 0 0 0.05710 GRAMEEN AMERICA (NY) INC 82-11 37TH AVENUE SUITE 607 JACKSON HEIGHTS NY 10001 INACTIVE NY GRAMEEN AMERICA C 1.00000 1 GRAMEEN AMERICA ASSOCIATION INC 82-11 37TH AVENUE SUITE 607 JACKSON HEIGHTS NY 10001 INACTIVE NY GRAMEEN AMERICA C 1.00000 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 GRAMEEN PRIMACARE INC B 1785320 FMV GRAMEEN PRIMACARE INC K 60000 FMV