Pro Mujer Inc
- Assets
- $270.2m
- Revenue
- $75.1m
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 03/1991
- Data as of
- 12/2023
- EIN
- 98-0115409
Organization Overview
Pro Mujer Inc is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Pro Mujer Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pro Mujer Inc 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 12/2023, Pro Mujer Inc generated $75.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $73.4m during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL INCLUSION, HEALTH AND WELLBEING, AND ENTREPRENEURSHIP AND SKILLING OPPORTUNITIES FOR UNDERSERVED WOMEN IN LATIN AMERICA, (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SERVICES - SINCE 1990, PRO MUJER HAS PROMOTED FINANCIAL INCLUSION AMONG WOMEN WHO LACK ACCESS TO TRADITIONAL FINANCIAL INSTITUTIONS. SERVICES INCLUDE SAVINGS, LOANS, AND INSURANCE, WITH A FOCUS ON NEW PRODUCTS AND KNOWLEDGE SHARING IN GENDER AND IMPACT INVESTING. TO DATE, PRO MUJER HAS DISBURSED OVER $4.4 BILLION DOLLARS IN SMALL LOANS AND INVESTMENT TO WOMEN IN LATIN AMERICA. (SEE SCHEDULE O)
ENTREPRENEURSHIP AND SKILLING - PRO MUJER FACILITATES THE EMPOWERMENT OF WOMEN THROUGH PROGRAMS THAT PROVIDE OPPORTUNITIES TO STRENGTHEN SKILLS IN FINANCIAL MANAGEMENT, BUSINESS PLANNING, DIGITAL SKILLS, AND LEADERSHIP. PRO MUJER IS BUILDING A ONE-STOP PLATFORM FOR WOMEN'S ECONOMIC EMPOWERMENT IN LATIN AMERICA, LEVERAGING PHILANTHROPIC CAPITAL, TECHNOLOGY, AND PARTNERSHIPS TO HAVE REGIONAL IMPACT. (SEE SCHEDULE O)
HEALTH AND WELL-BEING - PRO MUJER PROVIDES ACCESS TO LOW-COST, HIGH-QUALITY HEALTH SERVICES, INCLUDING PREVENTIVE HEALTH EDUCATION, CANCER SCREENINGS, LAB TESTS, ULTRASOUNDS AND DENTAL CARE, IN NEIGHBORHOODS WHERE WOMEN LIVE AND WORK. FURTHERMORE, PRO MUJER WORKS TO PREVENT GENDER-BASED VIOLENCE THROUGH HOLISTIC SERVICES THAT SUPPORT WOMEN IN VULNERABLE SITUATIONS. TO DATE, PRO MUJER HAS PROVIDED OVER 10 MILLION HEALTH INTERVENTIONS THANKS TO GENEROUS CONTRIBUTIONS OF PHILANTHROPIC CAPITAL. (SEE SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen Correa CEO | Officer | 40 | $384,100 |
Rolando Schmidt Chief Financial Officer | Officer | 40 | $199,617 |
Maria Liliana Mor Gaviria Dir. Of P'ship & Development | Officer | 40 | $170,028 |
Alexandra Blanco Sejas Board Advisor/general Counsel | Officer | 40 | $148,867 |
Maria Cruz Peman Chief Human Resources Officer | 40 | $140,812 | |
Sergio Augusto Fernandez General Manager | 40 | $128,718 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Accenture Limitada Accounting & Finance | 12/30/23 | $1,278,405 |
Global Business Service Sa It/hr/legal Consult. | 12/30/23 | $1,432,561 |
Telecel Sa Communications | 12/30/23 | $261,298 |
Oscar Fernando German Trujillo Teja Security | 12/30/23 | $485,119 |
Servicio De Limpieza Flamingo Srl Maintenance | 12/30/23 | $299,413 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,173,910 |
| Noncash contributions included in lines 1a–1f | $2,886 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,180,910 |
| Total Program Service Revenue | $58,822,250 |
| Investment income | $5,300,074 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $75,116,159 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $360,982 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $791,227 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $938,428 |
| Compensation of current officers, directors, key employees. | $103,869 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,432,970 |
| Pension plan accruals and contributions | $2,114,569 |
| Other employee benefits | $2,757,894 |
| Payroll taxes | $14,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $329,983 |
| Fees for services: Accounting | $1,798,704 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,896,765 |
| Advertising and promotion | $711,538 |
| Office expenses | $753,535 |
| Information technology | $1,278,405 |
| Royalties | $0 |
| Occupancy | $3,564,513 |
| Travel | $1,277,257 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,152,528 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,711,709 |
| Insurance | $0 |
| All other expenses | $2,411,363 |
| Total functional expenses | $73,358,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,436,835 |
| Savings and temporary cash investments | $2,727,505 |
| Pledges and grants receivable | $241,500 |
| Accounts receivable, net | $293,242 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $185,451,696 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,272,290 |
| Net Land, buildings, and equipment | $5,098,321 |
| Investments—publicly traded securities | $24,701,411 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,148,075 |
| Other assets | $9,816,185 |
| Total assets | $270,187,060 |
| Accounts payable and accrued expenses | $33,892,988 |
| Grants payable | $0 |
| Deferred revenue | $1,137,202 |
| 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 | $181,301,077 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,895,454 |
| Total liabilities | $230,226,721 |
| Net assets without donor restrictions | $33,151,742 |
| Net assets with donor restrictions | $6,808,597 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $270,187,060 |