2021-10-29T14:07:37-07:00 2021-06-30 990 2020-07-01 237398678 MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES MENN 8006657026 33 N Market Street Suite 400 Lancaster PA 176033805 Wendy Clayson Interim CFIO 2021-10-29 0 11 1 AAL2 X 2020 2022-09-23 18:48:47Z MEDA Dorothy Nyambi 595 Parkside Drive Suite 2 Waterloo Ontario CA N2L 0C7 8967684 0 X www.meda.org X 1973 PA MEDA creates business solutions to poverty. 19 19 22 58 0 0 7967659 7317578 977838 1638631 1874 568 313967 10907 9261338 8967684 476605 642859 0 0 1528277 1211818 0 0 936075 8028734 6375058 10033616 8229735 -772278 737949 30509583 30497243 19926579 19176290 10583004 11320953 MEDA creates business solutions to poverty. 0 0 5247474 4180036 MEDA works alongside our partners and clients to help: i) alleviate poverty, ii) support sustainable business growth and livelihoods, iii) women move into more valued and equitable roles in their economies, iv) businesses and small entrepreneurs gain access to financial services including investment, adopt clean technologies/climate-smart approaches, and minimize their environmental footprint, and v) improve their economies. MEDA's development programs include a full range of economic development tools: financial services, improved technology, business training and better access to markets. Our development program work most often focuses on women, youth and people living in poverty in rural areas. 1567484 1609024 MEDA develops and invests in vehicles that assist low-income persons in developing countries through the provision of credit and equity financing that creates businesses and income generation to assist the poor. 478702 16283 MEDA programs facilitates the connection of faith and work through discussions, publications and conventions for participants. 0 0 0 7293660 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 22 0 0 22 1 0 1 CA 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 PA X Wendy Clayson 8006657026 595 Parkside Drive Suite 2 Waterloo Ontario CA N2L 0C7 Dorothy Nyambi President/CEO, MEDA 0 37.5 X 0 156531 0 Michael White Chief Marketing & Development Officer, MEDA 0 37.5 X 0 118654 0 Michael Miller Sr. Director, Resource Development, MEDA 37.5 0 X 116778 0 0 Thomas McCormack Country Director, Ethiopia, MEDA 37.5 0 X 116062 0 0 Rachel Hess Sr. Regional Director, ESCA, MEDA 37.5 0 X 115904 0 0 Jessica Villanueva Technical Director, Impact Investment, MEDA 37.5 0 X 110422 0 0 Jamie Alvarez Board Director 1 0 X 0 0 0 Verda Beachey Board Director 1 0 X X 0 0 0 Greg Gaeddert Board Officer, Vice Chair 1 0 X X 0 0 0 Karin Krahn Board Officer, Treasurer 1 0 X X 0 0 0 Joyce Bontrager-Lehman Board Director 1 0 X 0 0 0 Gary Leis Board Officer, Secretary 1 0 X X 0 0 0 Rick Martin Board Director 1 0 X 0 0 0 James Miller Board Director 1 0 X 0 0 0 Myrl Nofziger Board Director 1 0 X 0 0 0 John Schroeder Board Director 1 0 X 0 0 0 Jenny Shantz Board Director, Chair 1 0 X 0 0 0 Yvonne Sieber Board Director 1 0 X 0 0 0 Jeremy Showalter Board Director 1 0 X 0 0 0 Dallas Steiner Board Director 1 0 X 0 0 0 Marianne Unruh Board Director 1 0 X 0 0 0 Crystal Weaver Board Director 1 0 X 0 0 0 Andreas Quiring Board Director 1 0 X 0 0 0 Elke Horsch Board Director 1 0 X 0 0 0 Bethany Fosdyck Board Director 1 0 X 0 0 0 459166 275185 0 7 0 1 0 Sarona Asset Management Inc The Catalyst Commons 210-137 Glasgow Street Kitchener Ontario CA N2G 4XB investment management 464898 1 0 0 0 0 1758397 5559181 86336 7317578 Publications, sponsorships, int'l tour fees 511190 16283 16283 0 0 Program related investment income 523000 1609024 1609024 0 0 Consulting fees 541900 13324 13324 0 0 0 0 0 0 1638631 568 0 0 568 0 0 0 0 0 0 0 0 10907 0 0 0 10907 0 10907 0 0 10907 0 0 0 0 8967684 1638631 0 11475 0 0 0 0 642859 642859 0 0 0 0 0 0 0 0 0 0 935494 565864 12135 357495 45645 28016 598 17031 149050 93857 3041 52152 81629 52670 1039 27920 1228196 834110 0 394086 7819 2229 2114 3476 12212 0 12212 0 0 0 0 0 0 0 371566 371566 0 0 0 0 0 0 31657 5867 4435 21355 39610 1294 22383 15933 8969 0 8175 794 0 0 0 0 84317 0 84317 0 10197 6011 3 4183 0 0 0 0 8476 2720 4265 1491 254015 254015 0 0 0 0 0 0 17257 0 17257 0 50372 11609 38763 0 Training, resources, publications, mailings 59876 53515 0 6361 Miscellaneous and foreign exchange loss 576364 571087 125 5152 Direct program expenditures 3614155 3614155 0 0 Mgmt. cost allocations 0 182216 -210862 28646 8229735 7293660 0 936075 9363595 5168576 0 0 0 0 283307 631512 0 0 0 0 2096799 1448627 0 0 34570 64656 769818 36682 77184 733136 0 0 0 0 18654128 22450736 0 0 0 0 30509583 30497243 224394 549930 0 0 4505715 3383482 0 0 0 0 0 0 0 0 15196470 15242878 0 19926579 19176290 X 10583004 11320953 0 0 10583004 11320953 30509583 30497243 737949 0 0 0 0 0 X 0 1 X 1 1 1 X 6268955 7519096 13385620 7967659 7317578 42458908 3976260 2892242 582394 977838 1638631 10067365 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10245215 10411338 13968014 8945497 8956209 52526273 239765 400504 318987 42802 39871 1041929 1707875 386482 428151 496182 1498484 4517174 1947640 786986 747138 538984 1538355 5559103 46967170 654 1004 4155 1874 11475 19162 0 0 0 0 0 0 654 1004 4155 1874 11475 19162 0 0 0 0 0 0 91063 0 110717 313967 0 515747 10336932 10412342 14082886 9261338 8967684 53061182 0.88515 0.894 0.00036 0.00001 X Schedule A, Part III, Line 12 Foreign exchange gains. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 630872 0 630872 0 0 0 0 70679 0 12940 57739 68267 0 23742 44525 0 0 0 0 733136 Sarona MEDA Investments Inc. 100 C CODIP S.A. 1129522 F MiCredito 1771463 F SEAF Single Vintage Flex Fund 125000 C IMON 1180328 F Access Africa Fund 27144 F Sarona Risk Capital Fund 1, L.P. 153827 F MicroVest LLC 1 F MicroVest Plus L.P. 78027 F Sarona Frontier Markets Fund 1, L.P. 2379821 F Sarona Global Growth Markets Fund 1, L.P. 4639216 F Sarona Global Growth Markets Fund 2, L.P. 1736067 F WWB Capital Partners Fund L.P. 807946 C Microvest Short Term Duration Fund A 122027 F Sevis Finansye Fonkoze 122873 C Mountain Lion Agriculture 584861 C WWB Capital Partners Fund II L.P. 266406 C Microvest Enhanced Debt Fund 992341 F Advances to partner agencies and field programs 6333766 C 22450736 1 Sub-Saharan Africa 4 28 Program Services Microenterprise 2338733 Middle East and North Africa 0 0 Program Services Microsenterprise 13057 Central America and the Caribbean 1 14 Program Services Microenterprise 786488 Central America and the Caribbean Investments 8568565 North America (including Canada and Mexico, but not the United States) Investments 2379821 Russia and the newly independent States Investments 1180328 South America Investments 1129522 Sub-Saharan Africa Investments 793740 5 42 17190254 North America (including Canada and Mexico, but not the United States) Program activities 642859 Intercompany loan 0 Book 1 0 0 0 1 0 0 0 Schedule F, Part I, Line 2 Recipients of awards are screened through a due diligence process. Agreements are required that stipulate the type of activities undertaken and how funds will be spent. Regular programmatic and financial reports are required and variances are followed up on. X 1 1 0 0 0 0 0 0 0 0 0 Dorothy Nyambi President/CEO, MEDA 0 148694 0 0 0 7837 0 0 0 3981 0 160512 0 0 Schedule J, Part I, Line 1a Thomas McCormack, as part of his role as Country Director in Ethiopia, is eligible for a housing allowance. Schedule J, Part I, Line 3 Related organization establishes compensation for CEO/President using the following methods - written employment contract and approval by the board. X 4 40188 avg of high/low (selling price) X 2 46148 fair market value 2 0 0 0 Form 990, Part VI, Section A, Line 6 Mennonite Economic Development Associates is a membership organization. Form 990, Part VI, Section A, Line 7a The Board of Directors is elected by the membership. Certain key actions and decisions of the Board must be approved by the members. Form 990, Part VI, Section B, Line 11b The Form 990 is available to the public upon request. Form 990 is prepared by the Manager, Corporate and Investment Finance, reviewed by the Senior Director, Corporate Finance, and signed off by the Chief Financial and Investment Officer. Form 990, Part VI, Section B, Line 12c Directors are asked to openly declare all potential conflicts of interest prior to each Board action. Form 990, Part VI, Section B, Line 15 The compensation of the CEO is set by the Board of Directors after consultation with an external advisor. Form 990, Part VI, Section C, Line 19 All organizational policies, financial statements and governing documents are available to the public upon request. Sarona Global Investment Fund Inc 33 N Market Street Suite 400 Lancaster PA 176033805 Raise capital for development PA 501(c)3 7 N/A 0 Mennonite Economic Development Associates of Canada 595 Parkside Drive Suite 2 Waterloo Ontario CA N2L 0C7 Economic development CA N/A 0 MEDA Europa Heinrich Schuetz Str 12a 56566 Neuwied GM Economic development GM N/A 0 Sarona Risk Capital Fund 1 LP 33 N Market Street Suite 400 Lancaster PA 176033805 Investment PA Sarona MEDA Investments Inc Related -38288 153827 0 0 0.4576 Sarona MEDA Investments Inc 33 N Market Street Suite 400 Lancaster PA 176033805 Investment management PA Mennonite Economic Development Associates C 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 Mennonite Economic Development Associates of Canada b 642859 General ledger Mennonite Economic Development Associates of Canada e 664575 General ledger. Mennonite Economic Development Associates of Canada l 188410 General ledger Mennonite Economic Development Associates of Canada m 769417 General ledger Mennonite Economic Development Associates of Canada p 1622391 General ledger Mennonite Economic Development Associates of Canada q 557200 General ledger Mennonite Economic Development Associates of Canada d 3700000