2025-11-29T15:26:42-05:00 2024-12-31 990EZ 2024-01-01 851875845 Micah Programs MICA 8643536136 701 East McBee Avenue Greenville SC 29601 Kurt Herwald Treasurer 8643536136 2025-11-29 2024 2025-03-06 01:10:19Z X X micahprogram.org X X 98947 X 98854 93 0 0 0 98947 3016 364 11212 14592 84355 7505 27119 118979 7505 91880 7505 91880 0 27119 7505 64761 Facilitates below market loans for the needy. Traditional MICAH ?nancial mentoring and loans to needy borrowers, which are uncollateralized and have maturities of less than two years. Provided ?ve new loans for a total of $4,521. Expenses include $3,848 for write-offs of Bad loans, $100 for payoff bonuses and $277 for administrate items. 2513 Automotive loans that are collateralized by car title, primarily for the purpose of enabling working poor to access jobs unreachable without a car. In 2024 we made nine such loans for a total of $31,784. 5025 7538 Mark O'Rourke C0Chairman 20 0 0 0 David Quast CoCHairman of the Board. 20 0 0 0 James Stravrakas COO 20 0 0 0 Kurt Herwald Director and Treasurer 0 0 0 0 Mamie Boyd Director 5 0 0 0 Johnny Payne Director 0 0 0 0 Mike Cumby Director 5 0 0 0 Erena Allen Director 5 0 0 0 false false false false false false false false false SC Kurt Herwald 701 East McBee Ave Greenville SC 29601 8643536136 false false false false false false false false false false false NONE NONE true X 7505 98584 106089 0 0 0 7505 98584 106089 106089 93 93 0 0 0 0 93 93 0 0 0 7505 98677 106182 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part I Line 16 OTHER EXPENSES: Fundraising Supplies =336 Banking Fees = 155. Website Hosting = 4,520. Insurance = $6,201. - 11212 Part I Line 20 Amount of guarantees secured by deposits at Self Help Credit Union. These underwrite the loans made to our beneficiaries (referred to as "Neighbors"). - 27119 Reason for Amendment Return Error on EIN, some detail missing. Part I 20 Amount of guarantees secured by deposits at Self Help Credit Union. These underwrite the loans made to our beneficiaries (referred to as "Neighbors"). $27,119 Part I 16 Outside Contractor payments of $3,016 for website development and Website Hosting of $4,520 are included in the Program Service Expenses. Part I D Employer Identification Number --Corrected EIN from 85-187845 to 85-1875845. Part III 28 Facilitates loans at below-market interest rates for the needy. The MICAH Program serves people located in Greenville, SC, and its surrounding counties. It helps individuals (called neighbors) in financial distress through financial counseling and/or small, low-cost loans. MICAH facilitates loans by guaranteeing them with cash collateral, enabling them to be made at well below-market rates. A MICAH loan is intended to provide one-time support to a borrower who suddenly needs to borrow money. MICAH Program loans are provided by Self-Help Credit Union (SHCU) and guaranteed by MICAH. Currently, there are two programs. 1) Traditional loans that could be up to $2,500 and are unsecured. And 2) Auto loans of up $5,000 and have a term corresponding to the need and condition of the care. A lien on the vehicle secures auto loans. All borrowers enroll in active ?nancial counseling with our mentors. Part III 29 Traditional MICAH ?nancial mentoring and loans to needy borrowers, which are uncollateralized and have maturities of less than two years. Provided ?ve new loans for a total of $4,521. Expenses include $3,848 for write-offs of Bad loans, $100 for payoff bonuses, and $277 for administrative items. Part III 29a $2,513 Part III 30 Automotive loans that are collateralized by a car title, primarily for the purpose of enabling the working poor to access jobs unreachable without a car. In 2024, we made 9 such loans totaling $31,784. Part III 30a $5,052