GRAMEEN PUERTO RICO LLC
EIN 66-0804803 · Senior Citizens' Housing/Retirement Communities
What they do
GRAMEEN PUERTO RICO LLC is DEDICATED to HELPING LOW INCOME ENTREPENEURIAL WOMEN BUILD SMALL BUSINESSES to CREATE BETTER LIVES for THEMSELVES and THEIR FAMILIES. FOUNDED BY NOBEL PEACE PRIZE RECIPIENT MUHAMMAD YUNUS, GRAMEEN PUERTO RICO, LLC is A SECTION 501(C)(3) NONPROFIT MICROFINANCE ORGANIZATION DEDICATED to HELPING WOMEN WHO LIVE IN POVERTY BUILD SMALL BUSINESSES to CREATE BETTER LIVES for THEIR FAMILIES. THE ORGANIZATION OFFERS MICROLOANS, TRAINING and SUPPORT to TRANSFORM COMMUNITIES and FIGHT POVERTY IN PUERTO RICO. SINCE 2013, GRAMEEN PUERTO RICO HAS DISBURSED MORE THAN $12M IN MICROLOANS to MORE THAN 3,500 LOW-INCOME WOMEN ENTREPRENEURS THROUGHOUT SAN JUAN. LEARN MORE AT WWW.GRAMEENAMERICA.ORG.
Should I give to this charity?
Of every $100 spent, about $100.00 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 2020The 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 leaders13 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
- What will my money do? Ask exactly what your gift will pay for.
- Is this really the charity? Give only through its official website or confirmed phone number.
Worth asking: Expenses exceeded revenue by $362,575 this year. Ask whether that was planned or caused by a one-time event.
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.
Financial picture
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.
Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.
Has the pattern changed?
Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
No compensation was reported for these leaders. The complete board and leadership roster is shown below.
Board and leadership roster (13)
ABDUL HAI KHANDIRECTOR
ANDREA JUNGPRESIDENT & CEO
ANTONIA HERNANDEZDIRECTOR
BENJAMIN FARKASDIRECTOR
DAVID GOUGHSENIOR VICE PRESIDENT & CFO
HOPE KNIGHTDIRECTOR
JOHN MERGRUEDIRECTOR
KAREN PRITZKERDIRECTOR
MAHMOUD MAMDANIDIRECTOR
MARY MAJEWSKISECRETARY GENERAL COUNSEL
MICHAEL D GRANOFFDIRECTOR
PROFESSOR MUHAMMAD YUNUSCHAIR
VIDAR J JORGENSENDIRECTOR
About this charity
- Location
- 150 WEST 30TH 8TH FLOOR, NEW YORK, NY 10001
- County
- New York
- In care of
- DAVID GOUGH
- Primary officer
- DAVID GOUGH, SENIOR VP & CFO
How to reach them
Filing and classification
- Latest tax year
- 2020
- Tax period began
- January 1, 2020
- Return type
- 990
- Tax preparer
- GRANT THORNTON LLP
- IRS tax category
- Senior Citizens' Housing/Retirement Communities