2024-11-15T07:43:05-06:00 2023-12-31 830684748 LAURA ISGRIGG PLLC 8909 BEULAH CHURCH RD LOUISVILLE KY 40291 990 2023-01-01 460639206 PANAMA POULTRY EXPORT QUOTA INC C/O DTB ASSOCIATES LLP PANA 2026842512 1717 K STREET NW 900 WASHINGTON DC 20006 VIOLETA GUTIERREZ-MCCORMICK TREASURER 2026842512 2024-11-15 1 0 LAURA ISGRIGG P00508633 5023794960 X 2023 2024-10-15 13:58:12Z X VIOLETA GUTIERREZ-MCCORMI 1717 K STREET NW 900 WASHINGTON DC 20006 130612 0 X WWW.PAN-PEQ.ORG X 2007 DE TO PROMOTE AND SUPPORT THE COMMON BUSINESS INTERESTS OF THE UNITED STATES AND PANAMA POULTRY INDUSTRIES AND CERTAIN POULTRY INDUSTRY TRADE ASSOCIATIONS SERVING THE NEEDS OF THOSE INDUSTRIES. 6 6 0 0 0 0 5190 1584 259488 79198 28153 49830 0 0 292831 130612 565000 378700 0 0 0 0 0 0 0 102355 88662 667355 467362 -374524 -336750 2112901 1992222 72931 289002 2039970 1703220 TO PROMOTE AND SUPPORT THE COMMON BUSINESS INTERESTS OF THE UNITED STATES AND PANAMA POULTRY INDUSTRIES AND CERTAIN POULTRY INDUSTRY TRADE ASSOCIATIONS SERVING THE NEEDS OF THOSE INDUSTRIES. 0 0 ADMINISTRATION OF AN INDUSTRY-WIDE AUCTION FOR EXPORTERS OF CHICKEN LEG QUARTERS, WHO ARE INCORPORATED OR WITH A LEGAL ADDRESS IN THE UNITED STATES. THE AUCTION ENSURES THAT TARIFF-RATE QUOTA CERTIFICATES ARE DISTRIBUTED IN A FAIR AND EQUITABLE MANNER. EDUCATIONAL, SCIENTIFIC, AND TECHNICAL PROJECTS THAT ARE DESIGNED TO PROMOTE MARKET DEVELOPMENT; IMPROVE POULTRY PRODUCTION AND SANITARY STANDARDS IN THE COUNTRIES OF THE MEMBER ASSOCIATIONS; AND EDUCATE THE MEMBERSHIP ABOUT ISSUES AFFECTING THE POULTRY INDUSTRY. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 X 6 6 1 1 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 X X DTB ASSOCIATES LLP - ATTN MS GUTIERREZ-MCCORMICK 2026842513 1717 K ST NW STE 900 WASHINGTON DC 20006 X MARTIN PIFFARETTI VICE-CHAIRMAN 0.50 X X 0 0 0 ROBERT TOLEDANO CHAIRMAN 0.50 X X 0 0 0 VICTOR EPIFANIO DIRECTOR 0.50 X 0 0 0 JUAN GABRIEL GARFIAS DIRECTOR 0.50 X 0 0 0 LUIS CARLOS CASTROVERDE DIRECTOR 0.50 X 0 0 0 GREG TYLER DIRECTOR 0.50 X 0 0 0 CARLOS MATEO PAZ-SOLDAN SECRETARY 2.00 X 0 0 0 VIOLETA GUTIERREZ-MCCORMICK TREASURER 4.00 X 0 0 0 0 0 0 0 0 0 0 0 1584 1584 AUCTION INCOME 900099 79198 79198 79198 49830 49830 130612 79198 0 49830 250000 128700 58710 401 6710 2818 3607 3251 9239 PUBLICATIONS 3701 LICENSING FEES 225 467362 657 674 2097868 1984865 5137 9239 6683 2112901 1992222 10529 8890 62402 280112 72931 289002 X 2039970 1703220 2039970 1703220 2112901 1992222 -336750 0 X 0 1 X 0 0 0 1 0 0 X 130612 0 130612 0 130612 467362 0 467362 0 467362 PART X, LINE 2: PAN-PEQ WAS GRANTED EXEMPT STATUS IN 2014 BY THE INTERNAL REVENUE SERVICE. THE FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME, IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY, FOR THREE YEARS AFTER IT IS FILED. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, PAN-PEQ HAS DETERMINED THAT NO MATERIAL UNERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX YEARS 2020 TO 2022 REMAIN OPEN TO IRS EXAMINATION BUT THE ORGANIZATION IS IN COMPLIANCE WITH ALL ITS FEDERAL FILING REQUIREMENTS. 0 CENTRAL AMERICA 0 0 GRANT TO ASOCIACION NACIONAL DE AVICULTORES DE PANAMA SUPPORT FOR IMPROVING THE TECHNICAL CAPACITY OF THE INDUSTRY, SUPPORT FOR THE NATIONAL EGG COMMISSION, ENHANCEMENT OF REGIONAL TRADE CAPABILITIES, AND PARTICIPATION IN POULTRY ORGANIZATIONS. THIS PROJECT AIMED AT CONTINUING THE IMPROVEMENT OF THE TECHNICAL CAPACITY OF THE POULTRY INDUSTRY AND PROMOTING EGG CONSUMPTION NATIONWIDE. 128700 0 0 0 0 0 0 128700 0 128700 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, SUPPORT FOR IMPROVING THE TECHNICAL CAPACITY OF THE INDUSTRY, SUPPORT FOR THE NATIONAL EGG COMMISSION, ENHANCEMENT OF REGIONAL TRADE CAPABILITIES, AND PARTICIPATION IN POULTRY ORGANIZATIONS. THIS PROJECT AIMED AT CONTINUING THE IMPROVEMENT OF THE TECHNICAL CAPACITY OF THE POULTRY INDUSTRY AND PROMOTING EGG CONSUMPTION NATIONWIDE. THIS INCLUDED:1. FUNDING THE NATIONAL EGG COMMISSION (CONAHU)2. CONTINUED HIRING OF A TRADE EXPERT TO PROVIDE COUNSEL TO ANAVIP'S MEMBERS3. IMPROVEMENT OF THE TECHNICAL CAPACITY OF PANAMA'S POULTRY INDUSTRY4. PARTICIPATION IN MEETINGS AT THE INTERNATIONAL POULTRY COUNCIL (IPC) AND THE POULTRY FEDERATION FOR CENTRAL AMERICA AND THE CARIBBEAN (FEDAVICAC) 128700 WIRE 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION MAINTAINS INTERNAL ACCOUNTS OF THE AMOUNTS OF ITS GRANTS AND OTHER ASSISTANCE AND THESE ACCOUNTS ARE AUDITED ANNUALLY BY AN INDEPENDENT ACCOUNTANT HIRED BY THE BOARD OF DIRECTORS. EACH GRANT APPLICANT MUST INCLUDE INFORMATION CONCERNING THE APPLICABILITY OF THE GRANT APPLICATION TO THE FUNDING PURPOSES CONTAINED IN THE EXPORT TRADE CERTIFICATE OF REVIEW. APPLICATIONS ARE REVIEWED BY THE BOARD OF DIRECTORS TO ENSURE ELIGIBILITY OF GRANT APPLICATIONS. EACH GRANT RECIPIENT OUTSIDE THE UNITED STATES IS REQUIRED TO SUBMIT A REPORT FROM THEIR INDEPENDENT AUDITOR CONCERNING THE GRANT AMOUNTS RECEIVED AND EXPENDED AND THE USE OF THOSE EXPENDITURES IN CONFORMANCE WITH THE GRANT APPLICATION APPROVED BY THE BOARD OF DIRECTORS. 0 USA POULTRY & EGG EXPORT COUNCIL 2330 WEST PARK PLACE BLVD STONE MOUNTAIN GA 30087 581635613 501C6 250000 0 FOR A GLOBAL MARKET DEVELOPMENT PROGRAM AND TRADE ISSUES RESOLUTION. THIS PROJECT AIMED TO HIRE TRADE ADVISORS TO ASIST WITH ONGOING TRADE POLICY RELATED ISSUES TO MAINTAIN MARKET ACCESS IN TWO OF THE US'S MOST IMPORTAN EXPORT MARKETS. THIS PROJECT ALSO SPONSORED THE INTERNATIONAL POULTRY COUNCIL AND INTERNATIONAL EGG COMMISSION FUNCTIONS.FUNDS WERE ALSO GRANTED FOR PROMOTIONAL MATERIALS AND AN EDUCATIONAL SEMINAR TO ENCOURAGE BETTER PARTICIPATION IN PAN-PEQ AUCTIONS, INCLUDING THE DEVELOPMENT OF EDUCATIONAL MATERIALS, PROMOTIONAL PIECES, AND A ROUNDTABLE WITH POTENTIAL AUCTION PARTICIPANTS.FINALLY, FUNDS WERE USED FOR THE EXPANSION OF THE MARKET FOR U.S. POULTRY & EGGS IN CUBA, BY PARTICIPATING IN A FOOD SHOW, SCHEDULING TRADE VISITS TO EXPLORE MARKET OPPORTUNITIES, AND PROVIDING TECHNICAL ASSISTANCE AND MARKET INTELLIGENCE. PART I, LINE 2: THE ORGANIZATION MAINTAINS INTERNAL ACCOUNTS OF THE AMOUNTS OF ITS GRANTS AND OTHER ASSISTANCE AND THESE ACCOUNTS ARE AUDITED ANNUALLY BY AN INDEPENDENT ACCOUNTANT HIRED BY THE BOARD OF DIRECTORS. EACH GRANT APPLICANT MUST INCLUDE INFORMATION CONCERNING THE APPLICABILITY OF THE GRANT APPLICATION TO THE FUNDING PURPOSES CONTAINED IN THE EXPORT TRADE CERTIFICATE OF REVIEW. APPLICATIONS ARE REVIEWED BY THE BOARD OF DIRECTORS TO ENSURE ELIGIBILITY OF GRANT APPLICATIONS. EACH GRANT RECIPIENT INSIDE THE UNITED STATES IS REQUIRED TO SUBMIT A REPORT FROM THEIR INDEPENDENT AUDITOR CONCERNING THE GRANT AMOUNTS RECEIVED AND EXPENDED AND THE USE OF THOSE EXPENDITURES IN CONFORMANCE WITH THE GRANT APPLICATION APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 PAN-PEQ'S OFFICERS OR BOARD DIRECTORS MAY HAVE BUSINESS RELATIONSHIPS WITH OTHER OFFICERS OR DIRECTORS DUE TO THE NATURE OF PAN-PEQ'S OPERATIONS. PAN-PEQ ADMINISTERS OPEN TENDER PROCESSES IN WHICH U.S. BASED COMPANIES BID FOR THE RIGHTS TO CHICKEN LEG QUARTER QUOTAS TO BE IMPORTED DUTY FREE INTO PANAMA BY IMPORTERS. THE U.S. AND PANAMA POULTRY INDUSTRIES ARE REPRESENTED ON THE BOARD BY DIRECTORS FROM COMPANIES IN THE POULTRY BUSINESS. PAN-PEQ'S OFFICERS AND DIRECTORS MUST ACT IN ACCORDANCE WITH PAN-PEQ'S EXPORT TRADE CERTIFICATE OF REVIEW (ETCR) ISSUED BY THE U.S. DEPARTMENT OF COMMERCE AND REVIEWED BY THE U.S. DEPARTMENT OF JUSTICE. PAN-PEQ MUST ALSO COMPLY WITH U.S. INTERNAL REVENUE SERVICE PROVISIONS GOVERNING 501 (C)(6) ENTITIES AS WELL AS ITS CORPORATE BYLAWS AND ARTICLES OF INCORPORATION. PAN-PEQ'S OPEN TENDER MECHANISM ENSURES THE TRANSPARENCY OF THE BID PROCESS SINCE THE SYSTEM IS ADMINISTERED BY AN INDEPENDENT THIRD PARTY AND AUCTION RESULTS ARE AUDITED EXTERNALLY. THE COMPLETE AUDIT RESULTS ARE SENT TO THE PARTICIPATING GOVERNMENTS AND CONSOLIDATED RESULTS ARE MADE AVAILABLE TO THE MEMBER POULTRY ASSOCIATIONS, AND TO THE PUBLIC ON THE PAN-PEQ WEBSITE. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS HAS RETAINED DTB ASSOCIATES, LLP AS THE INDEPENDENT ADMINISTRATOR TO CONDUCT DAY-TO-DAY OPERATIONS OF THE COMPANY UNDER THEIR SUPERVISION. THESE OPERATIONS INCLUDE CONDUCTING OPEN-TENDER AUCTIONS, CASH MANAGEMENT OF AUCTION PROCEEDS, COORDINATION OF BOARD MEEETINGS, AND FINANCIAL AND CORPORATE RECORDKEEPING. FORM 990, PART VI, SECTION A, LINE 6 PAN-PEQ IS A NON-STOCK CORPORATION AND THEREFORE HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A PAN-PEQ HAS 2 MEMBERS. THE UNITED STATES MEMBER HOLDS THREE SEATS ON THE BOARD AND THE PANAMANIAN MEMBER HOLDS THREE SEATS ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS ELECT A BOARD OF DIRECTORS FOR A TERM OF TWO CALENDAR YEARS AND OFFICERS ANNUALLY. FOLLOWING THESE ELECTIONS ALL DECISIONS REGARDING COMPANY ISSUES ARE MADE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B TWO ELECTED OFFICERS (SECRETARY AND TREASURER) WILL REVIEW THIS FORM 990 TO ENSURE IT ACCURATELY REFLECTS THE AUDITED FINANCIAL STATEMENTS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 12C THE INDEPENDENT, PROFESSIONAL ADMINISTRATORS RETAINED BY THE CORPORATION ROUTINELY MONITOR BOARD AGENDA ITEMS RELATING TO EACH AREA ENCOMPASSED BY THE CONFLICT OF INTEREST POLICY TO DETERMINE IF THERE IS THE POSSIBILITY THAT ANY DIRECTOR MAY HAVE AN INTEREST IN DECISIONS ON SUCH MATTERS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 FOR PAN-PEQ CAN BE VIEWED AT ALL TIMES ON GUIDESTAR.