2023-09-25T15:25:04-05:00 2022-12-31 BDO USA 100 PARK AVENUE NEW YORK NY 100175001 990 2022-01-01 980115409 PRO MUJER INC % NORMA SEGURA PROM 6466267000 515 MADISON AVENUE 8TH FLOOR NEW YORK NY 10022 CARMEN CORREA PRESIDENT & CEO 6466267000 2023-09-22 true CARMEN CORREA 999009999 Paul Hammerschmidt P01384178 2128858000 2 2022 2023-04-26 12:10:37Z CARMEN CORREA 515 MADISON AVENUE 8TH FLOOR NEW YORK NY 10022 73791330 false X WWW.PROMUJER.ORG X 1990 DC TO PROVIDE FINANCIAL INCLUSION, HEALTH AND WELLBEING, AND entrepreneurship AND skilling opportunities for underserved women in Latin America, (continued on schedule o) 15 14 6 27 0 0 4503608 11176473 46988526 60206034 1061531 1802178 1829943 606645 54383608 73791330 843034 2075513 0 0 19243206 21460504 0 0 1077662 30819468 35486202 50905708 59022219 3477900 14769111 248534379 255520518 203898072 206403108 44636307 49117410 X PRO MUJER EMPOWERS UNDERSERVED WOMEN IN LATIN AMERICA TO REALIZE THEIR FULL POTENTIAL. WE ARE A WOMEN'S DEVELOPMENT ORGANIZATION, SERVING MORE THAN A QUARTER OF A MILLION WOMEN. PRO MUJER IS A SOCIAL ENTERPRISE; IT HAS INCOME GENERATING UNITS THAT ARE FINANCIALLY SUSTAINABLE AND DOES NOT HAVE SHAREHOLDERS AS PART OF ITS FINANCIAL SERVICES OPERATIONS. TO PROVIDE HOLISTIC PROGRAMS THAT GO BEYOND FINANCIAL SERVICES TO SUPPORT THE MOST UNDERSERVED POPULATIONS, PRO MUJER DEPENDS ON PHILANTHROPIC CAPITAL. false false 50059670 879711 58950018 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) 1478622 614008 1256016 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) 1973487 581794 0 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) 53511779 true true false false false false false false false true true false false false true true false true false true true true false false false false false true false true false false false false false false false false true false false false true true true true false false true X 32 0 true 6 true false true AR BL GT NU false false false false false false false false false false X 15 14 false false false false false false false true true false true true true true true true true true true false false AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X NORMA SEGURA 6466267000 515 MADISON AVENUE 8TH FLOOR new york NY 10022 X Carmen Correa President & CEO (as of 1/22) 40.0 2.0 X 361832 0 9899 Maria Cavalcanti Former President & CEO 0.0 0.0 X 204107 0 13500 ROLANDO SCHMIDT CHIEF FINANCIAL OFFICER 40.0 2.0 X 181850 0 9965 Mauricio Viscarra GENERAL MANAGER 48.0 0.0 X 170230 0 15458 Alexandra Blanco Sejas General counsel 48.0 2.0 X 157633 0 13202 DiGeronimo Lelio THRU 922 Chief Innovation & Tech. OFF. 40.0 0.0 X 164906 0 5920 Maria Liliana Mor Gaviria Dir. of p'ship & development 40.0 0.0 X 152686 0 0 NORMA SEGURA INTERNATIONAL CONTROLLER 40.0 2.0 X 141632 0 4247 Maria Cruz Peman Chief Human Resources Officer 40.0 0.0 X 126375 0 7665 Daniela S Colaci Member/consultant 2.0 0.0 X 12000 0 0 Ana Demel Chair 5.0 2.0 X X 0 0 0 Vanessa Dager Vice-Chair 5.0 0.0 X X 0 0 0 Camilo Mendez Treasurer 5.0 0.0 X X 0 0 0 Mark R McMahon Secretary 3.0 2.0 X X 0 0 0 Zelma Acosta-Rubio Member 2.0 2.0 X 0 0 0 Jennifer Mary Brooks Member 2.0 0.0 X 0 0 0 Diego Cristancho Member 2.0 0.0 X 0 0 0 Cinthia Fernholz Member (eff. 4/22) 2.0 0.0 X 0 0 0 Jeffrey MacDonagh Member 2.0 0.0 X 0 0 0 Alejandra Meglioli Member (eff. 6/22) 2.0 0.0 X 0 0 0 Robert Rosone Member 2.0 0.0 X 0 0 0 Gillian Shepherd Mestre Member 2.0 0.0 X 0 0 0 Christine Switzer Member 2.0 0.0 X 0 0 0 Adriana Rios Welton member (eff. 3/22) 2.0 0.0 X 0 0 0 1673251 0 79856 9 true true false GLOBAL BUSINESS SERVICES SA ECHEVARRIARZA 3535 APTO 1504 MONTEVIDEO 0 UY IT/HR/LEGAL CONSULT. 1499250 Oscar Fernando Germn Trujillo Teja CALLE TOMASA MURILLO NO 77 C/8 ACHUMANI LA PAZ BL SECURITY 426260 RUNAY SA CERRITO 517 OFICINA 603 MONTEVIDEO 0 UY SOFTWARE CONSULTING 262200 TELECEL SA CALLE BELISARIO SALINAS NO 470 PLAZA ABAROA SANTA CRUZ BL COMMUNICATION SVCS. 215900 ACCENTURE LIMITADA PASEO DE TAMARINDOS 90 CIUDAD DE MXICO BOSQUES DE LAS LO MX ACCOUNTING & FINANCE 211976 20 130000 11046473 52129 11176473 PROGRAM FINANCIAL SERVICES 900099 58950018 58950018 PROGRAM HEALTH SERVICES 900099 1256016 1256016 60206034 1802178 1802178 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER OPERATING INCOME 900099 606645 606645 606645 73791330 60206034 2408823 X 1166784 1166784 0 908729 908729 0 1057893 927336 93719 36838 217607 190752 19278 7577 13653712 11558342 1448331 647039 2127482 1862547 220644 44291 4377530 4249998 116900 10632 26280 23008 2723 549 0 326282 326282 293420 293420 0 0 0 6160639 5435886 656962 67791 736501 542237 116628 77636 1014266 910137 83003 21126 0 0 3189641 3016186 169547 3908 776651 683160 42683 50808 0 0 11059094 11059094 0 2570240 2184799 381141 4300 517696 494775 22741 180 OTHER PROG & OPERATIONAL EXP. 3347158 3347158 FOREIGN INCOME TAXES 3262994 3262994 FINANCIAL EXPENSES 130898 130898 TRAINING & PROFESS. DEVE. 64016 62744 1272 2036706 1625113 306606 104987 59022219 53511779 4432778 1077662 34772384 33816440 0 3803847 45788 63785 738040 1080939 0 0 0 0 170214281 176233535 0 0 2553748 3538851 13104217 8884720 4196906 4219497 24607314 20300238 0 0 944305 1098106 1865183 1753232 8596430 9612048 248534379 255520518 9504256 9571023 0 0 4746907 3670196 0 0 0 0 0 0 177505656 176123966 0 0 12141253 17037923 203898072 206403108 X 41724708 40145505 2911599 8971905 44636307 49117410 248534379 255520518 X 14769111 -10288008 X false true X true false X 1490417 1074030 2198364 4503608 11176473 20442892 0 0 1490417 1074030 2198364 4503608 11176473 20442892 3753953 16688939 10483 0 0 1061531 1802178 2874192 0 0 583856 1962555 1829943 606645 4982999 28300083 250657072 0.58971 0.49491 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 150948 1661 1661 150948 150948 1937 1937 150948 150948 8434 8434 150948 150948 5015 5015 150948 150948 5704 5704 150948 1.00000 false false 658133 658133 2098785 483623 1615162 474811 256884 217927 9872488 8144213 1728275 4219497 0 INTEREST PAYABLE 9485232 FOREIGN TAX LIABILITY 3258712 OTHER LIABILITIES 1659112 OPERATING LEASE LIABILITIES 2634867 17037923 X PART V, LINE 4: CONTRIBUTIONS TO THE ENDOWMENT FUND ARE TO REMAIN IN-PERPETUITY. INVESTMENT INCOME GENERATED BY THE INVESTED ENDOWMENT FUND MAY BE USED TO SUPPORT GENERAL OPERATIONS. PART X, LINE 2: In accordance with U.S. GAAP, an organization must recognize a tax liability associated with tax positions taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by a taxing authority. Pro Mujer, Inc does not believe it has taken any material uncertain tax positions and, accordingly, it has not recorded any liability for unrecognized tax benefits. For the year ended December 31, 2022, there were no interest or penalties recorded or included in the accompanying consolidated statements of activities. true South America 52 824 Program Services FINANCIAL SERVICES 27928172 Central America and the Caribbean 9 299 Program Services FINANCIAL SERVICES 10278083 North America Grantmaking 795729 South America Grantmaking 113000 61 1123 61 1123 39114984 39114984 North America FINANCIAL & 680719 wire South America health services 113000 wire North America skilling 15010 wire North America SKILLING 10000 wire North America SKILLING 10000 WIRE North America SKILLING 10000 WIRE North America SKILLING 10000 WIRE North America SKILLING 10000 WIRE North America SKILLING 10000 WIRE North America SKILLING 10000 WIRE North America SKILLING 10000 WIRE North America SKILLING 10000 WIRE North America SKILLING 10000 WIRE 13 true false true false false false PART I, LINE 2: PRO MUJER, INC MAKES GRANTS TO TWO RELATED ORGANIZATIONS, PRO MUJER MEXICO APOYO AC AND Fundacin Pro Mujer IFD. THE FUNDS ARE USED IN LINE WITH PRO MUJER, INC TAX-EXEMPT PURPOSES. PRO MUJER, INC ALSO MAKES GRANTS TO OTHER EXTERNAL ORGANIZATIONS. TO ENSURE THE APPROPRIATE EXECUTION OF FUNDS, PRO MUJER, INC CONDUCTS MONTHLY MEETINGS AND, AT TIMES, BI-MONTHLY MEETINGS WITH GRANTEES' LEADERSHIP. THE GRANTEE PRESENTS A MONTHLY REPORT, INCLUDING A FINANCIAL REPORT, THAT PRO MUJER, INC REVIEWS WITH THE GRANTEES' LEADERS AND PROGRAM DIRECTOR. PRO MUJER, INC ALSO CONDUCTS SITE VISITS, AS NEEDED, TO ENSURE THAT THE PROJECT IS COMPLETING OUTLINED MILESTONES. true WASI SOCIAL INNOVATION INC 515 MADISON AVE 8TH FL NEW YORK NY 10022 824473371 501(C)(3) 1150000 GENERAL SUPPORT 1 PART I, LINE 2: PRO MUJER, INC GRANTS FUNDS THAT ARE USED IN LINE WITH THE ORGANIZATIONS TAX-EXEMPT PURPOSES. X X true true false false false false false false false Maria Cavalcanti Former President & CEO 0 0 54000 0 150107 0 13500 0 0 0 217607 0 150107 0 ROLANDO SCHMIDT CHIEF FINANCIAL OFFICER 157000 0 24850 0 0 0 0 0 9965 0 191815 0 0 0 Carmen Correa President & CEO (as of 1/22) 291832 0 70000 0 0 0 0 0 9899 0 371731 0 0 0 Alexandra Blanco Sejas General counsel 132019 0 11012 0 14602 0 0 0 13202 0 170835 0 0 0 DiGeronimo Lelio THRU 922 Chief Innovation & Tech. OFF. 104160 0 19082 0 41664 0 0 0 5920 0 170826 0 0 0 Mauricio Viscarra GENERAL MANAGER 154579 0 12892 0 2759 0 0 0 15458 0 185688 0 0 0 Maria Liliana Mor Gaviria Dir. of p'ship & development 139992 0 12694 0 0 0 0 0 0 0 152686 0 0 0 PART I, LINE 4A: DIGERONIMO LELIO, CHIEF INNOVATION & TECHNOLOGY OFFICER THRU SEPTEMBER OF 2022, RECEIVED A SEVERANCE PAYMENT OF $41,664, WHICH IS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 4B: Maria Cavalcanti, Former President & CEO, WAS A PARTICIPANT IN A SECTION 457(F) PLAN AND RECEIVED $2,500 DURING THE REPORTING PERIOD WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). X 2 52129 MARKET QUOTATION false true false PART I, COLUMN (B): NUMERICAL DATA REPORTED REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, DECONSOLIDATION OF AUDITED FINANCIAL STATEMENTS: FOR 2022, THE FOLLOWING ENTITIES HAVE BEEN CONSOLIDATED ON THE AUDITED FINANCIAL STATEMENTS IN ACCORDANCE WITH U.S. GAAP, HOWEVER FOR FORM 990 PURPOSES HAVE BEEN DECONSOLIDATED: - WASI SOCIAL INNOVATION, INC. AND ITS RELATED ENTITIES - PRO MUJER MEXICO APOYO, A.C. (PRO MUJER - MEXICO NGO) - ASOCIACIN PRO MUJER DE MXICO, S.A. DE C.V., SOFOM, ENR (PRO MUJER - MEXICO) WASI SOCIAL INNOVATION, INC. IS A 501(C)(3), WHICH FILES ITS OWN FEDERAL FORM 990, AND AS SUCH HAVE BEEN DECONSOLIDATED ON THE FORM 990. PRO MUJER - MEXICO NGO IS A FOREIGN-RECOGNIZED, NOT-FOR-PROFIT IN MEXICO AND AS SUCH HAVE BEEN DECONSOLIDATED ON THE FORM 990. PRO MUJER - MEXICO IS A FOREIGN-RECOGNIZED CORPORATION IN MEXICO AND AS SUCH HAVE BEEN DECONSOLIDATED ON THE FORM 990. FORM 990, PART I, LINE 1 (CONTINUATION): creating sustainable economic opportunities for these women, their families and their communities. FORM 990, PART I, LINES 5 & 15, PART V, LINE 2A & PART IX, LINES 5-10: THE TOTAL SALARIES REPORTED ON FORM 990 ON PART I, LINE 15 AND PART IX, LINES 5-10 INCLUDES COMPENSATION OF BOTH U.S. AND FOREIGN EMPLOYEES. HOWEVER, PART I, LINE 5 AND PART V, LINE 2A ONLY REPORT THE TOTAL NUMBER OF U.S. EMPLOYEES. IN ADDITION TO THE U.S. EMPLOYEES, PRO MUJER ALSO EMPLOYS APPROXIMATELY 2,000 FOREIGN EMPLOYEES. FORM 990, PART III, LINES 4A-4C: PRO MUJER EMPLOYED NEARLY 1,258 EMPLOYEES WORKING IN LATIN AMERICA IN 2022, 64% WERE WOMEN. AS OF DECEMBER 31, 2022, PRO MUJER'S COUNTRIES OF OPERATION AND NUMBER OF BENEFICIARIES ARE: * ARGENTINA: 17,339 BENEFICIARIES * BOLIVIA: 130,691 BENEFICIARIES * MXICO: 12,466 BENEFICIARIES * NICARAGUA: 42,376 BENEFICIARIES * GUATEMALA: 803 BENEFICIARIES In 2022, Pro Mujer's impact spanned Latin America through local programs and service delivery, digital initiatives, partnerships, investments, and generous donations. Pro Mujer's women-centered, innovative programs focused on financial and digital inclusion, impact and gender lens investing, health and well-being, entrepreneurship and skill building opportunities, helping women start and grow businesses, lead healthier lives, and reach their full potential. IN 2022, PRO MUJER PROVIDED: - $324 MILLION IN FINANCIAL SERVICE PRODUCTS, - 400,000 PRIMARY HEALTH AND WELL-BEING SERVICES AND PREVENTIVE HEALTH EDUCATION ACTIVITIES, AND - 220,000 SKILL BUILDING OPPORTUNITIES FOR WOMEN -- PRO MUJER STEWARDED RESOURCES WISELY: MORE THAN 88% OF EVERY DOLLAR DONATED WENT TO PROGRAMS TO SERVE-LOW INCOME WOMEN. 2% SUPPORTED FUNDRAISING AND 10% SUPPORTED MANAGEMENT AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. THE FORM 990 WAS REVIEWED IN DETAIL BY MANAGEMENT AND AUDIT COMMITTEE. AFTER REVIEW, A COPY OF THE FINAL FORM 990 WAS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C: IN ALL EMPLOYMENT CONTRACTS, WE INCLUDE A CONFLICT OF INTEREST STATEMENT AND DISCLOSURE FORM. FURTHERMORE, OUR CONFLICT OF INTEREST POLICY IS COVERED IN OUR ON-BOARDING POLICY AND IS PART OF OUR NEW-HIRE ORIENTATION AT ALL LEVELS OF THE ORGANIZATION. IN ADDITION TO THIS, THE BOARD OF DIRECTORS COMPLETES A CONFLICT OF INTEREST FORM ANNUALLY. SHOULD A CONFLICT OF INTEREST ARISE, OUR PROCEDURES CALL FOR CONTACTING OUR GENERAL COUNSEL AND CEO AND, TOGETHER WITH H.R., WE MEET WITH THE PERSON IN QUESTION TO RESOLVE ANY ISSUES PROMPTLY AND SATISFACTORILY. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE PERFORMANCE EVALUATION OF THE CEO AND HAS THE RESPONSIBILITY TO REVIEW THE CEO COMPENSATION LEVEL AGAINST MARKET DATA FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. IF IT IS DETERMINED THAT AN INCREASE IN COMPENSATION IS APPROPRIATE FOR THE CEO, THE CHAIR OF THE BOARD DIRECTS THE DIRECTOR OF H.R. AND THE CFO IN WRITING TO MAKE THE NECESSARY ADJUSTMENTS TO THE CEO'S COMPENSATION. FOR KEY EMPLOYEES OF THE ORGANIZATION AND OTHER OFFICERS, AN EVALUATION IS PERFORMED BASED ON EACH INDIVIDUAL'S PERFORMANCE AND THE ACHIEVEMENT OF THE GOALS OF THE ORGANIZATION (MEASURED THROUGH AN ANNUAL PERFORMANCE REVIEW PROCESS). INDIVIDUAL PERFORMANCE IS EVALUATED AND COMMUNICATED IN WRITING THE RETENTION VALUE OF KEEPING A KEY EMPLOYEE. ANY ADJUSTMENT TO COMPENSATION IS APPROVED BY THE CEO AND DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO INTERESTED PARTIES UPON REQUEST, SUBJECT TO APPROVAL BY PRO MUJER. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION ADJUSTMENT...................$ (2,225,520.) CHANGE IN INVESTMENT EQUITY...............................$ (230,525.) INVESTMENT IN EQUITY......................................$ (1,541,635.) BAD BEBT FOR UNCOLLECTIBLE PLEDGES........................$ (9,487,046.) CURRENCY TRANSLATION ADJUSTMENT...........................$ 3,196,718. --------------- TOTAL.....................................................$ 10,288,008. FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:6160639 PROMUJER NICARAGUA LLC LEON NU WOMEN'S SVCS DE 12958793 26264235 PRO MUJER Fundacin Pro Mujer IFD (Bolivia) WOMEN'S SVCS BL 43959473 199559018 PRO MUJER Fundacin Pro Mujer Argentina WOMEN'S SVCS AR 4450393 7715050 PRO MUJER Pro Mujer Social Enterprise LLC 1209 ORANGE STREET WILMINGTON DE 19801 832033836 WOMEN'S SVCS DE 0 0 PRO MUJER PRO MUJER MEXICO APOYO AC PACHUCA DE SOTO HIDALGO CP MX WOMEN'S SVCS MX 501(c)(3) PRO MUJER true WASI SOCIAL INNOVATION INC 515 Madison Avenue 8th Floor NEW YORK NY 10022 824473371 women's svcs DE 501(c)(3) 12A PRO MUJER true Asociacin Pro Mujer de Mxico SA DE CV CV SOFOM ENR PACHUCA DE SOTO HIDALGO CP MX WOMEN'S SVCS MX PRO MUJER C CORP 5329033 12031130 1.00000 true ILU VENTURES BV C/O CENTRALIS GMBH Bahnhofstrasse SZ 6300 HOLDING CORP. NL WASI C CORP 0 0 false Pro Mujer Guatemala SA Calzada Aguilar Batres 4218 municipio de Vill GT 11 FINANCIAL SRVCS. GT PRO MUJER C CORP 96811 1151588 0.99000 true true true false true false false false false false false false false false false false true false false false PRO MUJER MEXICO APOYO AC B 680719 COST PRO MUJER INC BOLIVIA B 113000 COST