2015-03-10T15:13:54-05:00 2014-09-30 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990EZ 2013-10-01 453686069 IRC'S CENTER FOR ECONOMIC OPPORTUNITY INC IRCS 2125513000 122 EAST 42ND STREET 14TH FLOOR NEW YORK NY 10168 JENNIFER SIME TREASURER 2125513000 2015-03-10 1 GARRETT M HIGGINS P00543209 2122862600 2013 2016-02-25 16:41:14Z X X N/A X X 0 X 0 0 0 38785 881 39666 -39666 94592 0 54926 94592 54926 94592 54926 0 0 94592 54926 X TO PROVIDE SMALL BUSINESS LOANS AND MICROFINANCING TO VICTIMS OF OPPRESSION AND PERSECUTION WITHOUT REGARD TO THE RACE, NATIONALITY OR RELIGION OF THE BENEFICIARIES; TO RECEIVE, MANAGE, SELL, EXCHANGE, INVEST AND REINVEST THE FUNDS TRANSFERRED TO THE CORPORATION, AND TO APPLY THE INCOME AND PRINCIPAL TO THE ESTABLISHMENT AND SUPPORT OF CHARITABLE AND EDUCATIONAL ACTIVITIES. THE ORGANIZATION CONTINUED TO ESTABLISH PROCEDURES AND APPLY FOR GRANT FUNDING DURING THIS EARLY PERIOD OF OPERATIONS TO INITIATE A BUSINESS DEVELOPMENT TRAINING PROGRAM. THIS TRAINING PROGRAM WILL CONSIST OF ONE-ON-ONE TECHNICAL ASSISTANCE TO TRAIN ENTREPRENEURS IN BUSINESS START-UP AND MANAGEMENT INFORMATION. TECHNICAL ASSISTANCE WILL INCLUDE GUIDANCE IN WRITING BUSINESS PLANS, CREATING A LOAN APPLICATION PACKAGE, OBTAINING LICENSURE AND CERTIFICATIONS, SELECTING INSURANCE PRODUCTS, ACQUIRING LEGAL ASSISTANCE, MARKETING, PREPARING TAXES AND CONDUCTING MARKET RESEARCH. INDUSTRY-SPECIFIC TRAININGS WILL ALSO BE OFFERED IN A CLASSROOM-BASED SETTING ON AN ONGOING BASIS, TYPICALLY MONTHLY, IN A VARIETY OF LANGUAGES. 0 14318 THE ORGANIZATION ESTABLISHED PROCEDURES AND APPLIED FOR GRANT FUNDING TO CREATE THE INFRASTRUCTURE TO IMPLEMENT A BUSINESS FINANCING PROGRAM. THIS FINANCING PROGRAM WILL CONSTRUCT TRADITIONAL SMALL BUSINESS LOANS AND MICROENTERPRISE LOANS TO ASSIST LOW-INCOME IMMIGRANTS AND REFUGEE ENTREPRENEURS IN ACCESSING NEEDED CAPITAL TO START UP OR EXPAND SMALL BUSINESS. FINANCING PRODUCTS THAT WILL BE OFFERED INCLUDE LOANS FOR DEBT CONSOLIDATION, CREDIT REPAIR, CONSUMER PERSONAL, EMERGENCY CASH FLOW NEEDS, CREDIT-BUILDING AND IMMIGRATION FEES. 0 14317 28635 GEORGE BIDDLE CHAIRMAN AND PRESIDENT 2.00 0 0 0 JOHN KEYS VICE-CHAIR/TREASURER UNTIL 2/2014 2.00 0 0 0 RADHA RAJKOTIA DIRECTOR AND SECRETARY 2.00 0 0 0 JENNIFER SIME DIRECTOR AND TREASURER 2.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY JENNIFER SIME TREASURER 122 EAST 42ND STREET 14TH FL NEW YORK NY 10168 2125513000 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 95000 95000 95000 95000 95000 95000 X FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BANK FEES. AMOUNT: 786. DESCRIPTION: TAXES PAID AND REGISTRATIONS. AMOUNT: 95. TOTAL TO FORM 990-EZ, LINE 16: 881. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.