Nonprofit · EIN 58-2240168
SHARE CREDIT CORP
Tax-exempt · ST SIMONS IS, GA 31522
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $92,416 | $30,766 | $61,650 | $2,104,167 | $0 | $2,104,167 |
| December 31, 2023 | 990 | $94,518 | $43,815 | $50,703 | $2,042,517 | $0 | $2,042,517 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $92,416
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,775
- Program services (functional)
- $9,947
- Management and general (functional)
- $20,819
Balance sheet and other
- Total assets, start of year
- $2,042,517
- Total assets, end of year
- $2,104,167
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,104,167
- Net assets without donor restrictions
- $2,104,167
- Gross receipts
- $92,416
- Employees
- 0
- Year formed
- 1996
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL SOLOMON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HESTER MARSHAL | SECRETARY Trustee or director, Officer | 1 | $0 |
| ERIN MCDONALD | TREASURER Trustee or director, Officer | 1 | $0 |
| CONTESSA DEAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DINO DEMARE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL SOLOMON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HESTER MARSHAL | SECRETARY Trustee or director, Officer | 1 | $0 |
| ERIN MCDONALD | TREASURER Trustee or director, Officer | 1 | $0 |
| CONTESSA DEAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DINO DEMARE | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 20099, ST SIMONS IS, GA 31522-8099
- In care of
- % ALEX N MILLER PRES
- Principal officer (990 for 2024)
- ALEX MILLER, PO BOX 20099, ST SIMON ISLAND, GA 31522
- Signed the 990
- ALEX MILLER, OFFICER
- Phone
- (404) 790-7400
- Return prepared by
- WILSON LEWIS
Mission
TO PROVIDE A SYSTEM OF SHARE LOAN FINANCING THAT INCLUDES LOW INCOME HOUSING MEMBERS, AND TO PROVIDE INVESTMENT OPPORTUNITIES FOR PARTICIPATING NON PROFIT HOUSING COOPERATIVES.
Program accomplishments
- IN 2024, NEW LOANS IN THE AMOUNT OF 301,995 WERE MADE TO COOPERATIVE MEMBERS. THE TOTAL VALUE OF OUTSTANDING LOANS AS OF DECEMBER 31, 2024 WAS 1,091,266.87. LOAN SERVICING FEES OF 5,119.95 WERE PAID TO NON-PROFIT COOPERATIVE HOUSING MEMBERS.Expenses $9,947 · revenue $92,416
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2240168
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L82)
- Assets (IRS master file)
- $2,104,167
- Income (IRS master file)
- $92,416
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $92,416 | $30,766 | $2,104,167 | XML |
| 990 | December 2023 | $94,518 | $43,815 | $2,042,517 | XML |
| 990 | December 2022 | $83,240 | $33,976 | $1,994,124 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-2240168).
Questions about SHARE CREDIT CORP
- What is the EIN of SHARE CREDIT CORP?
- The employer identification number (EIN) of SHARE CREDIT CORP is 58-2240168.
- Is SHARE CREDIT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SHARE CREDIT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHARE CREDIT CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SHARE CREDIT CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHARE CREDIT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SHARE CREDIT CORP?
- The 990 for the year ended December 31, 2024 names ALEX MILLER.
- Who are the officers and directors of SHARE CREDIT CORP?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SHARE CREDIT CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $92,416, expenses of $30,766 and total assets of $2,104,167 at year end.
Other nonprofits in ST SIMONS IS
- FREDERICA ACADEMY INC EIN 58-1093060 · last filed 990 for 2025
- DAVIS LOVE III FOUNDATION EIN 20-2920597 · last filed 990-PF for 2025
- EPWORTH BY THE SEA INC EIN 58-0830633 · last filed 990 for 2021
- GOLDEN ISLES CONVENTION AND VISITORS BUREAU INC EIN 46-1643835 · last filed 990 for 2025
- COASTAL GEORGIA HISTORICAL SOCIETY INC EIN 58-0964094 · last filed 990 for 2025
- SAINT SIMONS CHRISTIAN SCHOOL INC EIN 58-2141244 · last filed 990 for 2025
- ST SIMONS LAND TRUST EIN 58-2598986 · last filed 990 for 2024
- EPWORTH BY THE SEA ENDOWMENT FOUNDATION INCORPORASTED EIN 58-2109680 · last filed 990 for 2025
All nonprofits in ST SIMONS IS · Georgia · Housing and shelter