2024-05-09T13:59:28-05:00 2023-12-31 822363929 HELFER AND COMPANY LLC 1101 CONNECTICUT AVE NW SUITE 410 WASHINGTON DC 20036 990 2023-01-01 521656218 ASSOCIATION OF RETIREES OF THE INTER- AMERICAN DEVELOPMENT BANK ASSO 2026233035 1300 NEW YORK AVE NW SW 460 WASHINGTON DC 20577 CLAUDIA FRANCO TREASURER 2026233035 2024-05-09 1 CLAUDIA FRANCO 999009999 0 ALAN S HELFER P00194206 2026295190 2024-05-09 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z CLAUDIA FRANCO 1300 NEW YORK AVE NW SW 460 WASHINGTON DC 20577 264887 0 X WWW.AJBID.ORG X 1979 DC TO SPEAK ON BEHALF OF ITS MEMBERS REGARDING THEIR RIGHTS AND INTERESTS BEFORE THE IADB AND OTHER ORGANIZATIONS. 13 13 1 87 0 0 223655 250357 0 0 3972 14530 0 0 227627 264887 0 0 0 0 96260 103111 0 0 0 157823 115499 254083 218610 -26456 46277 514283 559097 1463 0 512820 559097 X TO SPEAK ON BEHALF OF ITS MEMBERS REGARDING THEIR RIGHTS AND INTERESTS BEFORE THE IADB AND OTHER ORGANIZATIONS. TO ORGANIZE SOCIAL, FRATERNAL, EDUCATIONAL, HUMANITARIAN AND OTHER ACTIVITIES THAT FURTHER THE WELLBEING OF ITS MEMBERS. TO PROVIDE FOR ITS MEMBERSHIP A LINK WITH FELLOW MEMBERS THROUGHOUT THE WORLD. 0 0 196615 DURING 2023 THE ASSOCIATION OF RETIREES OF THE INTER-AMERICAN DEVELOPMENT BANK ACCOMPLISHED THE FOLLOWING: - PREPARED FOR NOT ONLY THE ASSOCIATION'S ANNUAL ELECTIONS, BUT ALSO A MEMBER-REQUESTED REFERENDUM TO AMEND ITS BY-LAYS WHICH INVOLVED CONSULTING OUTSIDE LEGAL COUNSEL AND HIRING AN ELECTRONIC VOTING SERVICE TO ENSURE THE INTEGRITY OF BOTH VOTES. - PUBLISHED 12 ON-TIME MONTHLY NEWLETTERS AS WELL AS AN UPDATE TO THE GUIDE TO INFORM THE ASSOCIATION ABOUT A MEMBER'S PASSING - CARRIED OUT THREE ONLINE SURVEYS TO MEMBERS ABOUT THEIR EXPERIENCES WITH THE NEW MEDICAL INSURANCE PLAN ADMINISTRATORS AND SHARED CONCERNS WITH IDB MANAGEMENT ON SEVERAL OCCASIONS. - HELD THREE TOWNHALLS WITH ITS MEMBERS TO INFORM AND TROUBLESHOOT ISSUES RELATED TO THE NEW HEALTH PLAN. - IMPLEMENTED THE ASSOCIATION'S STRATEGY FOR FINANCIAL SUSTAINABILITY WITH: 1) THE FIRST INCREASE OF MEMBER FEES IN 30 YEARS; AND 2) ALL ASSOCIATION-SPONSORED EVENTS BEING FULLY PAID BY PARTICIPANTS. 196615 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 0 0 1 1 0 1 1 0 1 1 1 1 1 0 X CLAUDIA FRANCO 2026233035 1300 NEW YORK AVE NE SW 460 WASHINGTON DC 50577 X ISABEL LARSON PRESIDENT 10.00 X X 0 0 0 SANDRA DARVILLE VICE PRESIDENT 6.00 X X 0 0 0 DORA CURREA SECRETARY 7.50 X X 0 0 0 LAURA GUARNIERI DEPUTY SECRETARY 3.75 X X 0 0 0 CLAUDIA FRANCO TREASURER 7.50 X X 0 0 0 MIREYA ROSSI DEPUTY TREASURER 7.00 X X 0 0 0 STEPHEN ABRAMS DIRECTOR 3.75 X 0 0 0 TRACY BETTS DIRECTOR 7.50 X 0 0 0 GUILLERMO VILLACORTA DIRECTOR 2.50 X 0 0 0 KURT FOCKE DIRECTOR 2.50 X 0 0 0 JAVIER HERNANDEZ DIRECTOR 5.00 X 0 0 0 JOSE VIVAS DIRECTOR 5.00 X 0 0 0 RONALD ROTTER DIRECTOR 3.75 X 0 0 0 0 0 0 0 0 0 0 0 76033 174324 250357 14530 14530 264887 0 0 14530 X 94444 85000 9444 8667 7877 790 7728 7728 5500 5500 72480 72480 7647 5268 2379 PUBLISHING EXPENSES 8952 8952 MEMBER EXPENSES 5811 5811 ANNUAL MEETING 2882 2882 AWARDS 2000 2000 2499 1499 1000 218610 196615 21995 0 227546 40914 286737 518183 514283 559097 1463 0 1463 0 X 539276 512820 0 0 -26456 46277 512820 559097 514283 559097 46277 0 X 1 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 X PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AND IS EXEMPT FORM THE PAYMENT OF TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE. NO PROVISIONS FOR INCOME TAXES ARE REQUIRED FOR THE YEAR ENDED DECEMBER 31, 2023, AS THE ORGANIZATION HAD NO SIGNIFICANT NET UNRELATED BUSINESS INCOME. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS MADE UP OF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS MADE UP OF MEMBERS FORM 990, PART VI, SECTION B, LINE 12C IN RELATION TO ANY REAL OR APPARENT CONFLICTING INTEEREST, EVERY COVERED PERSON MUST AS SOON AS POSSIBLE: A) DISCLOSE TO THE BOARD OF DIRECTORS THE EXISTENCE OF THE CONFLICTIVE INTEREST OR POSSIBILITY OF THE CONFLICTIVE INTEREST; AND B) HAVE THE OPPORTUNITY TO PRESENT ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD OF DIRECTORS WILL DISCUSS AND VOTE ON THE DETERMINATION OF A CONFLICT OF INTEREST AND WILL BE DETERMINED BY A MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE ASSOCIATION OF RETIREES HAS ONE FULL-TIME RENUMERATED EMPLOYEE, ALL OTHER OFFICERS SERVE AS VOLUNTEERS. IN THE CASE OF THE SINGLE EMPLOYEE, THE SECRETARY OF THE ASSOCIATIOIN RESEARCHES THE COMPARATORS FOR NON-PROFIT ORGANIZATIONS IN DC WITH SIMILIAR JOB DESCRIPTIONS, USUALLY AVAILABLE IN THE WEBSITES OF INDEED AND GLASSDOOR. THIS IS DONE DURING CONTRACT RENEWAL TIME, THIS RESEARCH ENSURES THAT ASSOCIATION IS KEEPING UP WITH RELEVANT LOCAL MARKET COMPARATORS. IN ADDITION, THE ASSOCIATION HAS TWO REMUNERATED CONSULTANTS. THE ASSOCIATION UNDERGOES A SIMILAR PROCESS TO DETERMINE THEIR CONSULTANT FEES. FORM 990, PART VI, SECTION C, LINE 19 THEY ARE ALL AVAILABLE AT HTTPS://WWW/AJBID.ORG/EN/ABOUT-MENU/ FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 72,480. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,480.