Shared Interest Inc.
Fiscal year ending 2022. Filed on November 16, 2023.
1412 Broadway 21st Floor Ma 126
New York, New York 10018
Shared Interest Inc. (EIN: 13-3836581) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Shared Interest Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 6 total employees. Among the employees shown here, the average compensation is $133,603. The highest compensated employee at Shared Interest Inc. is Ann McMikel with fiscal year 2022 compensation of $185,000.
Revenue, expenses, and employee compensation
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Mission Statement
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.
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