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EIN 58-2240168

Share Credit Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
St Simons Island
State
Georgia
Year formed
1996
Most recent tax filings
2022-12-01
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
Description
Share Credit Corporation provides a system of share loan financing to low-income cooperative housing members and invests in participating non-profit housing cooperatives. In 2022, it made new loans worth 125,200 to members and had outstanding loans valued at 1,062,692.63 as of December 31. It also pays loan servicing fees of 2,312 to non-profit cooperative housing members.
Total revenues
$83,240
2022
Total expenses
$33,976
2022
Total assets
$1,994,124
2022
Num. employees
0
2022

Program areas at Share Credit Corporation

In 2022, new loans in the amount of 125,200 were made to cooperative members. The total value of outstanding loans as of december 31, 2022 was 1,062,692.63. Loan servicing fees of 2,312 were paid to non-profit cooperative housing members.

Personnel at Share Credit Corporation

NameTitleCompensation
Paul SolomonPresident$0
Alex MillerOfficer$0
Erin McDonaldTreasurer / Director$0
Hester MarshalSecretary and Treasurer / Member$0
Valerie Belt JohnsonSecretary$0
...and 1 more key personnel

Financials for Share Credit Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$83,240
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$83,240

Form 990s for Share Credit Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-08-15990View PDF
2020-122021-08-06990View PDF
2019-122021-01-28990View PDF
2018-122019-09-14990View PDF
...and 8 more Form 990s
Data update history
August 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
August 2, 2018
Posted financials
Added Form 990 for fiscal year 2017
August 18, 2017
Posted financials
Added Form 990 for fiscal year 2016
Nonprofit Types
Business and community development organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
PO Box 20099
St Simons Island, GA 31522
Metro area
Brunswick, GA
County
Glynn County, GA
Phone
(404) 790-7400
IRS details
EIN
58-2240168
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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