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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Ibero-American Development Corporation

Ibero-American Development Corporation

Fiscal year ending 2019. Filed on February 18, 2020.

954 Clifford Ave
Rochester, New York 14621

Ibero-American Development Corporation (EIN: 16-1303858) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2019 IRS Form 990 filing, Ibero-American Development Corporation, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $117,226. The highest compensated employee at Ibero-American Development Corporation is Hilda Escher with fiscal year 2019 compensation of $152,919.

Revenue, expenses, and employee compensation

Revenue

$1,077,581

Expenses

$1,254,266

Employee compensation

$219,006
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Hilda Escher
President and CEO (Part Year)
$152,919
$0 $143,141 $9,778
Ruperto Montero
Chief Financial Officer (Part-Year)
$100,679
$0 $95,432 $5,247
Eugenio Marlin
Vice President
$98,080
$0 $70,355 $27,725
Amy Sargent
Chief Financial Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Angelica Perez Delgado
Chief Executive Officer
Arthur R Hirst
Board Member
Berlin Bermudez
Board Member
Emeterio Otero
Chair
Jose Cruz
Secretary
Juan Lugo
Treasurer
Marcos A Santiago
Board Member

Mission Statement

THE IBERO-AMERICAN DEVELOPMENT CORPORATION WAS INCORPORATED TO ALLEVIATE THE HARDSHIP AND DISTRESS OF PERSONS AND FAMILIES OF LOW AND MODERATE INCOME RESIDING IN THE ROCHESTER, NY AREA BY PROVIDING DWELLING ACCOMMODATIONS AND SOCIAL AND RECREATIONAL FACILITIES AND TO MAINTAIN AND MANAGE REAL PROPERTY FOR VARIOUS NON-PROFIT ENTITIES. IN ADDITION, THE IBERO-AMERICAN DEVELOPMENT CORPORATION IDENTIFIES, REFURBISHES OR BUILDS, AND MARKETS HOMES WITH OTHER THIRD-PARTIES TO ELIGIBLE PURCHASES IN THE ROCHESTER, NY AREA.

Revisions to this organization profile

February 3, 2025:
2024 Ibero-American Development Corporation 990 filed
February 2, 2024:
Amended (originally filed January 12, 2023)2022 Ibero-American Development Corporation 990 filed
October 4, 2023:
2023 Ibero-American Development Corporation 990 filed

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