Shared Capital Cooperative

Growth Stage

Building Economic Democracy

Analytics

Platform

Self Managed

Start Date

09/29/2021

Close Date

09/28/2022

Min. Goal

$500

Max. Goal

$15,000,000

Min. Investment

$500

Security Type

Equity - Preferred

Funding Type

RegA+

Series

Pre-Seed

Location

Saint Paul, Minnesota

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Shared Capital Cooperative is raising funds independently through Reg A+ crowdfunding. The company provides financing to cooperatively owned businesses across various sectors, including manufacturing, agriculture, retail, and housing. The business caters to cooperatives that create a positive impact and earns from interest and fees on its lending activities. Shared Capital Cooperative was founded by a group of cooperatives in 1978. The current crowdfunding campaign has no minimum target and a maximum target of $15,000,000. The campaign proceeds will be used to make loans to or equity investments in the cooperative’s members.

Balance Sheet

Cash and Cash Equivalents

$2,840,985

Investment Securities

$159,560

Total Investments

$0

Accounts and Notes Receivable

$12,771,679

Loans

$0

Property, Plant and Equipment (PP&E)

$19,937

Property and Equipment

$0

Total Assets

$16,355,149

Accounts Payable & Accrued Liabilities

$38,667

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$9,466,307

Total Liabilities

$13,604,455

Total Stockholders' Equity

$2,750,694

Total Liabilities and Equity

$16,355,149

Statement of Comprehensive Income Information

Total Revenues

$2,117,983

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$1,562,016

Total Interest Expenses

$0

Depreciation and Amortization

$15,834

Net Income

$555,967

Earnings Per Share - Basic

$1

Earnings Per Share - Diluted

$0

Auditor: Wegner CPAs, LLP
Financials as of: 09/29/2021
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Shared Capital Cooperative on Self Managed 2021
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Platform: Self Managed
Security Type: Equity - Preferred

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