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EIN 20-8497991

Grameen America

IRS 501(c) type
501(c)(3)
Num. employees
319
City
Jackson Heights
State
New York
Year formed
2007
Most recent tax filings
2022-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Grameen America provides microloans, training and support to women who live in poverty in the US to build small businesses to create better lives for their families.
Total revenues
$46,396,843
2022
Total expenses
$28,290,820
2022
Total assets
$278,769,129
2022
Num. employees
319
2022

Program areas at Grameen America

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.

Grants made by Grameen America

GranteeGrant descriptionAmount
Grameen PrimacareProgram Support$1,580,000
Rising Tide Capital and SubsidiariesProgram Support$550,000

Who funds Grameen America

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Blue Meridian PartnersTo Support Scaling Plan$2,000,000
Dalio Family FundRestricted To Provide Operating Support for CT Expansion Plans$1,650,000
Goldman Sachs FoundationGrant To Implement the One Million Black Women Initiative$1,550,000
...and 39 more grants received totalling $13,134,385

Personnel at Grameen America

NameTitleCompensation
Andrea JungPresident and Chief Executive Officer$463,879
David GoughExecutive Vice President and Chief Financial Officer$425,076
Lucas RamirezChief Financial Officer
Marcus BerkowitzChief Product and Innovation Officer$198,602
Patricia ChoiChief Technology Officer$255,918
...and 31 more key personnel

Financials for Grameen America

RevenuesFYE 12/2022
Total grants, contributions, etc.$15,675,525
Program services$29,834,476
Investment income and dividends$246,976
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-4,225
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$644,091
Total revenues$46,396,843

Form 990s for Grameen America

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-16990View PDF
2021-122022-10-13990View PDF
2020-122021-11-10990View PDF
2019-122021-02-17990View PDF
2018-122019-11-25990View PDF
...and 10 more Form 990s
Data update history
August 2, 2024
Received grants
Identified 7 new grant, including a grant for $1,500,000 from Brooklyn Org
May 19, 2024
Received grants
Identified 21 new grant, including a grant for $1,650,000 from Dalio Family Fund
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 4 new personnel
November 26, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Economic developmentBusiness and industry
Characteristics
National levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
82-11 37th Ave 607
Jackson Heights, NY 11372
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Queens County, NY
Website URL
grameenamerica.org/ 
Facebook page
GrameenAmerica 
Twitter profile
@grameenamerica 
IRS details
EIN
20-8497991
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0157394
FTB Entity ID
3254968
AB 488 data last updated ("as-of") date
2024-11-06
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