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Shared Interest INC

Public charity
Other · NEW YORK, NY · EIN 13-3836581

About

The organization seeks to promote social reconstruction in south africa and neighboring countries by facilitating access to credit for low-income borrowers through the provision of loan guarantees to mainstream banks and other financial institutions. As these lenders have historically been reluctant to extend credit to a sector of the population they consider UN-bankable, the majority of southern african citizens, absent the guarantees, would continue to be economically marginalized.

Donations are tax-deductible
Category
Other
Employees
7
Volunteers
100

Financial Snapshot

FY ending 2024-12-31
Revenue
$1.0M
Expenses
$1.3M
Assets
$15.0M
Liabilities
$13.2M

Financial history

$2.2M$1.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $1.0M · Peak FY2017: $2.2M · Avg: $1.6M
SHARED INTEREST INC
Your actions

Address

1412 Broadway 21ST Floor Suite MA12
New YORK, NY, 10018-924

Governance

Voting board members19
Independent members19
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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