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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 2020. Filed on February 4, 2021.

954 Clifford Avenue
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 2020 IRS Form 990 filing, Ibero-American Development Corporation, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $71,556. The highest compensated employee at Ibero-American Development Corporation is Amy Sargent with fiscal year 2020 compensation of $100,625.

Revenue, expenses, and employee compensation

Revenue

$2,017,980

Expenses

$1,648,373

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Amy Sargent
CFO IAAL
$100,625
$0 $97,748 $2,877
Eugenio Marlin
Vice President IADC
$92,137
$0 $69,756 $22,381
Ruperto Montero
CFO IAAL (Part Year)
$21,905
$0 $21,084 $821

Benchmark Employee Compensation

Non-Employee Board Members

Angelica Perez-Delgado
PRES and CEO IAAL
$110,742
$0 $103,111 $7,631
Hilda Escher
PRES and CEO IAAL (Part YEAR
$46,689
$0 $44,016 $2,673
Emeterio Otero
Chair
No compensation reported
Arthur R Hirst
Board Member
No compensation reported
Theodore Wood
Board Member
No compensation reported
James Sutton
Treasurer
No compensation reported
Marcos A Santiago
Secretary
No compensation reported
Jose Rosario
Board Member
No compensation reported

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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