Organizations Filed Purposes:
THE ORGANIZATION'S MISSION IS TO RAISE CAPITAL THROUGH ITS NOTES PROCEEDS IN THE U.S. AND CURRENTLY LENDS ITS CAPITAL TO OIKOCREDIT, ECUMENICAL DEVELOPMENT COOPERATIVE SOCIETY U.A. ("OIKOCREDIT EDCS") FOR THE PURPOSE OF INVESTING IN PRODUCTIVE ENTERPRISES THAT BENEFIT THE POOR. IN THE FUTURE, EDC-USA MAY LEND CAPITAL TO OTHER ENTITIES FOR SIMILAR PURPOSES. THE LOAN OBJECTIVES INCLUDE: STABILIZING SMALL BUSINESS, CREATION OF SUSTAINABLE JOBS AND PROMOTING THE IDEAL OF SELF-SUFFICIENCY IN SOCIETY, THUS ALLEVIATING POVERTY. LOANS MADE BY EDCS-UA ARE STRUCTURED TO MATURE AT THE SAME TIME THE ORGANIZATION'S NOTES PAYABLE MATURE. IN ADDITION, THE ORGANIZATION MAKES LOANS AT THE SAME RATE OF INTEREST AS THE NOTES PAYABLE. THE ORGANIZATION MAKES NO PROFIT ON THE SALE OF NOTES.AT THE END OF 2015, THE BOARD MADE THE DECISION TO BEGIN REPAYMENT OF THE ORGANIZATION'S DEBTS IN 2016. ONCE THE DEBTS HAVE BEEN SETTLED, OIKOCREDIT USA WILL DISSOLVE.
THE ORGANIZATION'S MISSION IS TO MOBILIZE FINANCIAL CREDIT AND RESOURCES TO PROMOTE ECONOMIC GROWTH, SOCIAL JUSTICE AND SELF-RELIANCE AMONG THE POOR IN DEVELOPING COUNTRIES AND EDUCATES THE POOR ABOUT THE SUCCESSFUL OPERATION OF BUSINESS ENTERPRISES IN AN EFFORT TO PREVENT ECONOMIC INJUSTICE AND TO PROMOTE SELF-RELIANCE AND SOCIAL WELFARE.
SOCIAL INVESTMENT PROGRAM: ALL RESPONSIBILITIES RELATED TO MANAGING INVESTOR RELATIONS INCLUDING THE PROCESSING OF INVESTMENTS AND MANAGING INVESTOR COMMUNICATIONS. THIS ALSO INCLUDES LEGAL COMPLIANCE TASKS REQUIRED TO MAKE OIKOCREDIT USAS SOCIAL INVESTMENT PRODUCTS AVAILABLE IN THE US.
EDUCATION AND OUTREACH PROGRAM: ALL RESPONSIBILITIES RELATING TO ORGANIZING AWARENESS RAISING EVENTS, DEVELOPING EDUCATIONAL AND INFORMATIONAL COLLATERAL INCLUDING WEBSITE CONTENT, AND EXPANDING OUR SOCIAL MEDIA/NEW MEDIA PRESENCE.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Sharlene Brown | NATIONAL DIRECTOR | 40 | $93,990 |
| Cheryl Smith | CHAIR NOMINATING COMMITTEE | 1 | $0 |
| Gary Cook | CHAIRPERSON | 1 | $0 |
| Susan Gottshall | SECRETARY | 1 | $0 |
| Corrine Florek | VICE CHAIRPERSON | 1 | $0 |
| Paul Neuhauser | TREASURER | 1 | $0 |
| Kay Hixson | MANAGING CONSULTANT, KAY HIXON & ASSOCIATES | 1 | $0 |
| Jesse Fripp | VICE PRESIDENT ENCLUDE | 1 | $0 |
| Ylse Van Der Schoot | DIRECTOR, INVESTOR RELATIONS OIKOCREDIT INT'L | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201633089349300023_public.xml