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Swisscontact North America Inc.

Swisscontact North America Inc.

Fort Lee, NJ 10170
Tax ID68-0676653

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About this organization

Revenue

$1,043,000

Expenses

$1,006,615

Mission

Swisscontact North America supports programs to promote economic, social and ecological development and to reduce poverty in the developing countries of Africa, Asia, Eastern Europe and Latin America.

About

Financial Inclusion Initiative - SCNA supported Sarathi, a three-year financial inclusion program for ready-made garment workers in Bangladesh. In 2019, 32,150 worker salary accounts were opened at three partner banks in Bangladesh. Models for bank profitability for digitized wage systems were assessed, 98 financial literacy sessions were organized and research into creating worker credit lines and debit card access were begun.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “Swisscontact north america supports programs to promote economic, social and ecological development and to reduce poverty in the developing countries of africa, asia, eastern europe and latin america.”.

When discussing its purpose, they were characterized as: “Swisscontact north america supports programs to promote economic, social and ecological development and to reduce poverty in the developing countries of africa, asia, eastern europe and latin america.”.

  • The state in which the non-profit is legally authorized to operate is DE, as reported.
  • The filing confirms that the non-profit's address in 2020 was 420 Lexington Avenue, New York, NY, 10170.
  • The form of the non-profit reports 1 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $36,385.
  • The CEO salary plan within the organization is not subject to review and approval by an impartial entity.
  • The organization elects its board members.
  • The organization has 7 independent voting members.
  • The organization was formed in 2008.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $69,663 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.

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