Inter-American Restoration Corporation
- Assets
- $514.5k
- Revenue
- $705.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Abita Springs, LA
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 37-1450226
Organization Overview
Inter-American Restoration Corporation is located in Abita Springs, LA. The organization was established in 2003. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inter-American Restoration Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Inter-American Restoration Corporation generated $705.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $649.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC & SOCIAL DEVELOPMENT PRIMARILY IN, BUT NOT LIMITED TO, HONDURAS AND CENTRAL AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH TORCH MISSIONS, IRC FACILITATED 9 MISSION TEAMS FROM THE UNITED STATES COMPRISING OF APPROXIMATELY 238 VOLUNTEERS. THESE TEAMS BUILT 48 HOUSES AND PASSED OUT OVER 180,000 MEALS, TO APPROXIMATELY 3,000 FAMILIES IN TEGUCIGALPA AND SANTA ANA, HONDURAS.
THE ORGANIZATION CONTINUED TO OVERSEE ALL PROGRAM SERVICE ACCOMPLISHMENTS THRU GOVERNMENT RELATIONS AND INTERNATIONAL LAW. IRC CONTINUES TO BE INVOLVED WITH NGOS WORKING IN HONDURAS AND THE HONDURAN GOVERNMENT. IRC MANAGED PROPERTY IN HONDURAS WHICH HOUSES ITS MEDICAL CLINIC AND LODGING ACCOMMODATIONS FOR MEDICAL INTERNS, RETREATS FOR HONDURAN FAITH-BASED GROUPS, AND TORCH MISSION GROUPS. IRC ASSISTED SEVERAL COMMUNITIES IN MANAGING AND PRESERVING WATER WELLS AND CLEAN WATER DELIVERY SYSTEMS.
IRC OPERATES A MEDICAL CLINIC IN SANTA ANA, HONDURAS CALLED CLINICA DE ESPERANZA. IN 2022, THEY STARTED A SATELLITE CLINIC IN THE NEIGHBORING TOWN OF OJOJONA. IN 2022, THE CLINIC SERVED APPROXIMATELY 3,580 PATIENTS IN THE CLINIC WITH A STAFF OF 6, AS WELL AS 1,033 PATIENTS IN MOBILE CLINICS. THERE WERE 17 VILLAGE CLINICS DONE IN 2022 AS WELL AS SCHOOL PHYSICALS DONE FOR A LOCAL SCHOOL. CLOTHES, FEMININE HYGIENE PRODUCTS, HYGIENE SUPPLIES, BABY SUPPLIES, GLASSES AND BIBLES WERE DISTRIBUTED FROM THE CLINIC. MATERNAL BAGS WERE DISTRIBUTED TO THE ESCUELA HOSPITAL. A NUTRITION PROGRAM WAS IMPLEMENTED TO STUDY THE EFFECTS OF INCREASED PROTEIN IN SOLDIERS' DIETS, AN OBSTACLE COURSE WAS REBUILT AT THE AIR FORCE BASE, ALONG WITH PROVIDING INSIDE EXERCISE EQUIPMENT. SUNDAY SCHOOL MATERIALS WERE DONATED TO THE LOCAL CHURCH, 3 SCHOOLS WERE PROVIDED WITH SCHOOL SUPPLIES, AND A NEW BASKETBALL COURT AND SUPPLIES WERE PROVIDED TO A DEAF SCHOOL. THE CHOSEN SERIES (IN SPANISH) WAS SHOWN AT TWO LOCATIONS IN THE LOCAL COMMUNITY.
THROUGH THE HONDURAS PROJECT, IRC PROVIDED HUMANITARIAN RELIEF IN THE FORM OF PROVIDING SCHOOL SUPPLIES FOR OVER 550 CHILDREN IN AND AROUND TEGUCIGALPA, HONDURAS. THE HONDURAS PROJECT ALSO FACILITATED THE SPONSORSHIP OF 8 STUDENTS IN BILINGUAL EDUCATION. WE ALSO CONSTRUCTED 12 HOMES FOR FAMILIES IN NEED. WE WERE ABLE TO PARTICIPATE IN THE RENOVATION OF A ROOM AT NHRI THAT IS NOW A CHILDREN'S LEARNING CENTER USED BY THE STUDENTS AND WORKERS AT MI ESPERANZA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Connell Board Member | Trustee | 40 | $23,858 |
Tim Hines Executive Di | Officer | 40 | $23,304 |
Dalton Hines Board Member | Trustee | 40 | $7,241 |
Greg Mock Board Member | Trustee | 1 | $0 |
Don Cole President | Officer | 4 | $0 |
Gayle Davidson Vice Preside | Officer | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $575,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $575,829 |
| Total Program Service Revenue | $133,061 |
| Investment income | $115 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,358 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $705,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,403 |
| Compensation of current officers, directors, key employees. | $23,304 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,406 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $33,256 |
| Fees for services: Legal | $8,038 |
| Fees for services: Accounting | $13,663 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,507 |
| Advertising and promotion | $0 |
| Office expenses | $35,161 |
| Information technology | $1,244 |
| Royalties | $0 |
| Occupancy | $79,535 |
| Travel | $93,176 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,289 |
| Insurance | $12,526 |
| All other expenses | $62,748 |
| Total functional expenses | $649,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,649 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $311,260 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,552 |
| Total assets | $514,461 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $514,461 |
| Total liabilities and net assets/fund balances | $514,461 |