COLOMBIA POULTRY EXPORT QUOTA INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
COLOMBIA POULTRY EXPORT QUOTA INC (EIN 46-0930815)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202203189349308160
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-14T12:07:48-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN562360192PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Taksey Neff & Associates LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12 Research Place Suite 310AddressLine1Txt
CityRockvilleCityNm
State AbbreviationMDStateAbbreviationCd
ZIP20850ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460930815EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Colombia Poultry Export Quota IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOLOBusinessNameControlTxt
Phone2026842513PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11101 15th Street NW 202AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVioleta Gutierrez-McCormickPersonNm
Person TitleTreasurerPersonTitleTxt
Phone2026842513PhoneNum
Signature2022-11-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstVioletaPersonFirstNm
Person LastGutierrez-McCormickPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEdward NeffPreparerPersonNm
PTINP00359218PTIN
Phone3012941100PhoneNum
Preparation2022-11-04PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerVioleta Gutierrez-McCormiPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11101 15th Street NW 202AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,123,750GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.colom-peq.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTo promote and support the common business interests of the U.S. and Colombian poultry industries, by managing on an open tender basis, the tariff-rate quotas for poultry products granted by the Republic of Colombia to the U.S.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,079PYContributionsGrantsAmt
CY Contributions Grants$20,285CYContributionsGrantsAmt
PY Program Service Revenue$1,815,867PYProgramServiceRevenueAmt
CY Program Service Revenue$4,057,026CYProgramServiceRevenueAmt
PY Investment Income$105,935PYInvestmentIncomeAmt
CY Investment Income$46,439CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,930,881PYTotalRevenueAmt
CY Total Revenue$4,123,750CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,992,700CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$139,185PYOtherExpensesAmt
CY Other Expenses$163,737CYOtherExpensesAmt
PY Total Expenses$139,185PYTotalExpensesAmt
CY Total Expenses$3,156,437CYTotalExpensesAmt
PY Revenues Less Expenses$1,791,696PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$967,313CYRevenuesLessExpensesAmt
Total Assets BOY$8,191,848TotalAssetsBOYAmt
Total Assets EOY$11,020,112TotalAssetsEOYAmt
Total Liabilities BOY$597,588TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,458,539TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,594,260NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,561,573NetAssetsOrFundBalancesEOYAmt
MissionTo promote and support the common business interests of the U.S. and Colombian poultry industries, by managing on an open tender basis, the tariff-rate quotas for poultry products granted by the Republic of Colombia to the U.S.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescNet proceeds from the open tender process are distributed to fund market access, market promotion, educational, scientific and technical projects to benefit the U.S. and Colombian poultry industries.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DTB Associates LLP Attn Violeta Gutierrez-McCormickBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2026842513PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11101 15th Street NW Suite 202AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Omar Diaz
Board of Directors0.50Yes (X)Yes (X)$0$0$0
Eduardo Gonzales
Vice Chairman0.50Yes (X)$0$0$0
Fernando Avila
Chairman0.50Yes (X)Yes (X)$0$0$0
Gonzalo Moreno
Board of Directors0.50Yes (X)$0$0$0
James Sumner
Board of Directors0.50Yes (X)$0$0$0
Luis Alvarez
Board of Directors0.50Yes (X)$0$0$0
Carlos Mateo Paz-Soldan
Secretary2.00Yes (X)$0$0$0
Violeta Gutierrez
Treasurer2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$20,285MembershipDuesAmt
Total Contributions$20,285TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAuction revenueDesc
Business900099BusinessCd
Total Revenue Column$4,057,026TotalRevenueColumnAmt
Related Or Exempt Func Income$4,057,026RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,057,026TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,439TotalRevenueColumnAmt
Exclusion$46,439ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,123,750TotalRevenueColumnAmt
Related Or Exempt Func Income$4,057,026RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$46,439ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,500,000TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,492,700TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$85,714TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,681TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,900TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,299TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,382TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,280TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
Postage and delivery$20,497
Meeting$15,325
Website hosting fees$6,583
Bank fees$1,569

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$507TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,156,437TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$497,644BOYAmt
EOY$1,789EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,689,917BOYAmt
EOY$11,013,101EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,287BOYAmt
EOY$5,222EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,191,848BOYAmt
EOY$11,020,112EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,790BOYAmt
EOY$4,113EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$593,798BOYAmt
EOY$2,454,426EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$597,588BOYAmt
EOY$2,458,539EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$7,594,260BOYAmt
EOY$8,561,573EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,594,260BOYAmt
EOY$8,561,573EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,191,848BOYAmt
EOY$11,020,112EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$967,313ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$20,285DuesAssessmentsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,123,750TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,123,750RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,123,750TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,156,437TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,156,437ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,156,437TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationFor the year ended December 31, 2021 COLOM-PEQ has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionSouth America - Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador,RegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedGrant to Federacion Nacional de Avicultores (FENAVI)located in Bogota, ColombiaTypeOfActivitiesConductedTxt
Specific Services ProvidedIn 2021, FENAVI obtained approval from the COLOM-PEQ board as well as the Ministry of Agriculture and Rural Development of Colombia for the disbursement of $1,492,700 to fund the following project: "2021 Investment Project of FENAVI's Poultry Program." This project is aimed to implement activities related to market promotion and market access.SpecificServicesProvidedTxt
Region Total Expenditures$1,492,700RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,492,700SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,492,700TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionSouth America - Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador,RegionTxt
Purpose Of GrantThis project is aimed to implement activities related to market promotion and market access.PurposeOfGrantTxt
Cash Grant$1,492,500CashGrantAmt
Manner Of Cash DisbursementWire TransferMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedFMV (cash)ValuationMethodUsedDesc
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 2:Each grant recipient outside of the United States is required to submit a report from their independent auditor concerning grant amounts received and expended and the use of those expenditures in conformance with the grant application approved by the Board of Directors.
Part III Accounting Method:

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1United States of America Poultry & Egg Export CouncilBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 West Park Place Blvd Suite 100AddressLine1Txt
CityStone MountainCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30087ZIPCd
FieldValueIRS element (for citing)
Cash Grant$0CashGrantAmt
Non Cash Assistance$1,500,000NonCashAssistanceAmt
Valuation Method UsedFMV (cash)ValuationMethodUsedDesc
Purpose Of GrantIn 2021, COLOM-PEQ approved $1,500,000 for USAPEEC's project: Expansion of Scientific and Technical Programs to Counter Trade Barriers, Communication Services, Market Developement Activities and Upgrade Maintenance of USAPEEC's Website.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2COLOM-PEQ's officers or Board of Directors may have business relationships with other officers or directors due to the nature of COLOM-PEQ's operations. COLOM-PEQ administers open tender processes in which U.S. based companies bid for the rights for chicken leg quarter quotas to be imported duty free into Colombia by importers. The U.S. and Colombian industries are represented by the Board of Directors from companies in the poultry business. COLOM-PEQ's officers and directors must act in accordance with COLOM-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. COLOM-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. COLOM-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 COLOM-PEQ website.
Form 990, Part VI, Section A, line 3The Board of Directors retained DTB Associates, LLP to conduct the entity's daily operations under their supervision. These operations include conducting open tender auctions, cash management of auction proceeds, coordination of Board meetings and financial recordkeeping.
Form 990, Part VI, Section A, line 6The entity is a non-stock corporation and therefore has members.
Form 990, Part VI, Section A, line 7aThe entity has two members: (1) the USA Poultry & Egg Export Council (USAPEEC), and (2) Federacion Nacional de Avicultores (FENAVI). The United States holds three seats on the Board and Colombia holds three seats on the Board.
Form 990, Part VI, Section A, line 7bThe members elect a board of directors 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 8bThere are no committees with the authority to act on behalf of the governing body.
Form 990, Part VI, Section B, line 11bTwo of the entity's current elected officers will review this Form 990 to ensure it accurately reflects the audited financial statements of the corporation.
Form 990, Part VI, Section B, line 12cManagement has distributed the written Conflict of Interest policy to all and regularly and consistently monitors enforcement.
Form 990, Part VI, Section C, line 18The entity makes the 990 available to the public upon request.
Form 990, Part VI, Section C, line 19The entity makes available to the public its governing documents and financial statements upon request.
Form 990, Part XII, Line 2C:As directed by the Board of Directors the Administrator assumes responsibility for oversight of the audit of the financial statements. The Board of Directors approves selection of the independent accountant.

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