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ECUMENICAL DEVELOPMENT CORPORATION USA

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Public IRS 990 nonprofit record

ECUMENICAL DEVELOPMENT CORPORATION USA

EIN 36-3697513 · Nonmonetary Support N.E.C.

What they do

THE ORGANIZATIONS 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. - THE ORGANIZATIONS 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 ORGANIZATIONS NOTES PAYABLE MATURE. IN ADDITION, THE ORGANIZATI

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $94.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.41%of revenue went to mission work94.3% of expenses · Program services
$101.13spent for every $100 of revenueSpending was higher than revenue this year.
5.71%of revenue went to management and office costs5.7% of expenses
33.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $10,942 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $153,297 for SHARLENE BROWN (NATIONAL DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$969,126
Mission workProgram services$924,68895.41% of revenue94.3% of expenses
ManagementOffice and general costs$55,3805.71% of revenue5.7% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$980,068101.13% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$969,126
Expenses$980,068
Annual shortfall $10,942 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$924,688 · 94.3% of expenses
Management and office costs$55,380 · 5.7% of expenses
See all reported dollar amounts
Revenue$969,126
Expenses$980,068
Income$1,223,365
Contributions$322,598
Mission work (program services)$924,688
Management and general$55,380
Executive compensation (total)$107,927
Accounting fees$33,500
People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SHARLENE BROWNNATIONAL DIRECTOR · 40 hrs/week $153,297Base $152,066 · Other $1,231

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

SHARLENE BROWNNATIONAL DIRECTOR

SR CORINNE FLOREK OPVICE CHAIRPERSON

CHERYL SMITHCHAIR, NOMINATING COMMITTEE

DAVID MESENBRINGADVISOR

DAVID WOODSOBSERVER

GARY COOKCHAIRPERSON

LEONARD SPRIKDIRECTOR

PAUL NELSONADVISOR

PAUL NEUHAUSERTREASURER

SUSAN GOTTSHALLSECRETARY

About this charity

Location
P O BOX 6834, NORTH PORT, FL 34290
County
Sarasota
In care of
SHARLENE BROWN

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
January 1, 2016
Tax preparer
THOMPSON GREENSPON
IRS tax category
Nonmonetary Support N.E.C.

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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