2019-10-03T14:22:08-05:00 2018-12-31 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2018-01-01 980115409 Pro Mujer Inc % Norma Segura PROM 6466267000 125 MAIDEN LANE 9TH FLOOR NEW YORK NY 10038 MARIA CAVALCANTI PRESIDENT & CEO 6466267000 2019-09-30 true DEVIN L DUNCAN P01249521 2127589700 2019-10-03 167.68.102.5 54028020192765000000 2019-10-03 P F7E791049FCEE4943A341CCA4F642AE72B60D2A0 31462D7E604358D5493726803990907BCB83CB78 2018 2019-02-21 02:37:17Z MARIA CAVALCANTI 125 MAIDEN LANE 9TH FLOOR NEW YORK NY 10038 52989259 false X WWW.PROMUJER.ORG X 1990 DC PRO MUJER PROVIDES FINANCIAL INCLUSION, HEALTH AND EDUCATIONAL SERVICES FOR UNDERSERVED WOMEN IN LATIN AMERICA. (CONTINUED IN SCHEDULE O) 12 12 19 21 0 13438 1900019 1490417 55126003 52663182 434862 10483 880271 -1312176 58341155 52851906 687760 976479 0 0 22453997 22541203 0 0 2114469 31972942 33211723 55114699 56729405 3226456 -3877499 167849403 155869797 108852667 103818613 58996736 52051184 X PRO MUJER IS A MISSION-DRIVEN ORGANIZATION THAT EMPOWERS WOMEN BY CREATING Sustainable ECONOMIC, HEALTH, AND SOCIAL OPPORTUNITIES FOR UNDERSERVED WOMEN AND THEIR FAMILIES IN LATIN AMERICA. (CONTINUED IN SCHEDULE O) false false 47410123 732931 49453748 FINANCIAL SERVICES - SINCE 1990, PRO MUJER HAS PROVIDED FINANCIAL SERVICES TO WOMEN WHO LACK ACCESS TO TRADITIONAL FINANCIAL INSTITUTIONS. SERVICES INCLUDE SAVINGS, LOANS, AND INSURANCE, AND ARE PART OF AN INTEGRATED OFFERING THAT INCLUDES FINANCIAL EDUCATION, BUSINESS AND EMPOWERMENT TRAINING AS WELL AS LEADERSHIP SKILLS TO HELP THEM GROW THEIR BUSINESSES. TO DATE, PRO MUJER HAS DISBURSED OVER U.S. $3.6 BILLION IN SMALL LOANS TO WOMEN IN LATIN AMERICA. FOR MORE INFORMATION, SEE SCHEDULE O. 3076807 243548 3209434 HEALTH SERVICES AND OTHER SUPPORT - PRO MUJER ALSO INVESTS IN WOMEN'S HEALTH AND WELL BEING BY PROVIDING ACCESS TO LOW-COST, HIGH-QUALITY HEALTH SERVICES, INCLUDING PREVENTIVE CARE, REGULAR CANCER SCREENINGS, LAB TESTS, ULTRASOUNDS AND DENTAL CARE, IN THE NEIGHBORHOODS WHERE WOMEN LIVE AND WORK. TO DATE, PRO MUJER HAS PROVIDED OVER 9 MILLION HEALTH INTERVENTIONS. FOR MORE INFORMATION, SEE SCHEDULE O. 50486930 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 23 0 true 19 true true true true UK AR BL NU PE false false false false false false false false false false X 12 12 false false false false false false false true true false true true true true true true true true true true 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 X Norma Segura 6466267000 125 Maiden Lane 9th Floor New York NY 10038 X GILLIAN SHEPHERD MESTRE CHAIR 5.0 0.0 X X 0 0 0 ANA DEMEL VICE CHAIR & SECRETARY 5.0 0.0 X X 0 0 0 MARK MCMAHON TREASURER 2.0 0.0 X X 0 0 0 ZELMA ACOSTA-RUBIO MEMBER 2.0 2.0 X 0 0 0 JENNIFER MARY BROOKS MEMBER (As of 3/18) 2.0 0.0 X 0 0 0 JOSEPH ANTHONY CARR MEMBER (As of 3/18) 2.0 0.0 X 0 0 0 VANESSA DAGER MEMBER (As of 9/18) 2.0 0.0 X 0 0 0 PATRICK GRACE MEMBER 2.0 2.0 X 0 0 0 KATE LAUER MEMBER (From 3/18 thru 6/18) 2.0 0.0 X 0 0 0 JEFFREY MACDONAGH MEMBER (As of 9/18) 2.0 0.0 X 0 0 0 MATTHEW W PATSKY MEMBER 2.0 0.0 X 0 0 0 NANCY PENDARVIS HARRIS MEMBER (Thru 6/18) 2.0 0.0 X 0 0 0 ROBERT ROSONE MEMBER 2.0 0.0 X 0 0 0 CHRISTINE SWITZER MEMBER (As of 9/18) 2.0 0.0 X 0 0 0 RUTH BURNS COWAN FNDG CHAIR/DIR EMER (Non-Vote) 2.0 0.0 X 0 0 0 LYNNE PATTERSON CO-FOUNDER/DIR EMER (Non-Vote) 2.0 0.0 X 34200 0 0 ROSEMARY WERRETT DIRECTOR EMERITA (Non-Vote) 2.0 0.0 X 0 0 0 MARIA CAVALCANTI PRESIDENT & CEO (NON-VOTE) 40.0 2.0 X X 397923 0 35741 DIANA DE CASTRO CHIEF ALLIANCE OFFICER 40.0 2.0 X 208933 0 11330 RAUL ALBERTO ESPEJEL CHIEF FINANCIAL OFFICER 40.0 2.0 X 0 283235 6260 CAMILO MENDEZ DIR. GLOBAL TREASURY & INV. 40.0 0.0 X 151532 0 49821 MOHIT NAGPAL CHIEF OP. OFFICER (AS OF 1/18) 40.0 2.0 X 238532 0 10569 CESAR MAITA GENERAL COUNSEL 48.0 2.0 X 165026 0 9577 MARGARITA TALAVERA CHIEF HUMAN RESOURCES OFFICER 48.0 0.5 X 150215 0 9025 NORMA SEGURA INTERNATIONAL CONTROLLER 40.0 0.6 X 155038 0 11882 JESSICA OLIVAN DIR. STRATEGIC PARTNERSHIPS 40.0 0.0 X 125025 0 29851 GERALDINE V DIAZ DIR. STRATEGIC PTNRSHPS-WEST 40.0 0.0 X 140657 0 5216 PATRICIA CLAURE DIRECTOR, BOLIVIA 48.0 0.0 X 119469 0 10449 RODOLFO MEDRANO DIR., MEXICO; FORMER PMI COO 0.0 48.0 X 0 147165 4222 1886550 430400 193943 10 true true false KPMG DEPT 0511 PO BOX 120511 Dallas TX 75312 Consulting Services 318967 ARMUS AV JULIO PATINO NRO 721 BL Security Services 227071 Lelio Di Geronimo LAS COLINAS 1425 LUJAN DE CUYO AR IT Consultant 159107 MPC Marketing Inc 1030 Bluewood Terrace Weston FL 33327 Consulting Services 147345 Pastor Seguridad Privada EIRL AV FLORA TRISTAN SUR NRO88 DPT 3 PE Security Services 145565 7 1490417 320586 1490417 PROGRAM FINANCIAL SERVICES 900099 49453748 49453748 PROGRAM HEALTH SERVICES 900099 3209434 3209434 52663182 10483 10483 0 0 0 0 0 137353 137353 0 0 0 0 0 0 0 0 0 0 0 LOSS IN EQUITY SUBSIDIARIES 900099 -3115583 -3115583 INCOME TAX REFUNDS - SUNAT / PERU 900099 863590 863590 GAIN ON FOREIGN EXCHANGE 900099 342742 342742 597075 597075 -1312176 52851906 50144674 1216815 X 461667 461667 0 514812 514812 0 1472424 751347 515090 205987 0 13522611 11481483 1034115 1007013 2029964 1800047 164748 65169 5378655 4771506 413884 193265 137549 116270 14154 7125 0 341728 341728 372678 372678 0 0 0 2242275 1998292 211063 32920 284969 223833 24294 36842 1082928 984977 79915 18036 0 0 4186635 3837382 285554 63699 1395856 914108 227805 253943 0 0 7054345 7054345 0 1387767 1259637 107578 20552 683578 577632 72233 33713 ALLOWANCE FOR LOAN LOSSES 6450393 6450393 FOREIGN INCOME TAXES 3396883 3396883 OTHER PGM & OPERATIONAL EXP 3282660 2906311 207169 169180 MISCELLANEOUS TAXES 1049028 986005 55998 7025 56729405 50486930 4128006 2114469 24388650 27374806 2871319 1316790 300880 26825 1419220 408626 0 0 0 0 126818439 113592332 0 0 0 0 11568431 7712121 3609901 3856310 544045 2721321 0 0 5601010 3529138 1020527 1547879 1275412 1495770 167849403 155869797 12695188 12403839 0 0 0 0 0 0 0 0 0 0 91255352 89384292 0 0 4902127 2030482 108852667 103818613 X 58206935 51368272 638853 531964 150948 150948 58996736 52051184 167849403 155869797 X -3877499 17125 -3085178 X X false true X true false X 8782612 4135521 1832399 1900019 1490417 18140968 0 0 8782612 4135521 1832399 1900019 1490417 18140968 6728358 11412610 33 16888 4202 5221 10483 36827 14438 14438 0 755360 755360 18947593 249787599 0.60232 0.61794 X 150948 5704 5704 150948 140873 10075 4017 4017 150948 140873 4204 4204 140873 384480 15402 259009 140873 367101 10336 7043 384480 1.00000 false false 291575 291575 1283901 344677 939224 413760 245495 168265 7974964 6032296 1942668 1604231 1089653 514578 3856310 0 FOREIGN TAX LIABILITY 2030482 2030482 X 65839940 17125 72368 9782958 9872451 55967489 -3115583 -3115583 52851906 72785492 72368 15983719 16056087 56729405 56729405 ENDOWMENT FUNDS PART V, LINE 4 ALL 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. INCOME TAXES 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 DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. As of December 31, 2018, the Superintendencia Nacional de Administracion Tributaria ("SUNAT") (Peruvian Internal Revenue Service) has approved PMI - Peru's request to renew its registration at its Registry of income tax exempted entities. First Claim In December 2017, SUNAT issued a resolution partially favorable to PMI - Peru, reducing $2,136,490 of the resulting potential contingency of this claim. As of December 31, 2018 and 2017, the approximate total contingency determined within the tax claim amounts to $12,000,000 and $0, respectively. Second Claim During the year 2018, Pro Mujer filed an appeal to be resolved by the Tax court. The approximate tax debt affected by the statute of limitation as of December 31, 2018 is the approximate total of $3,000,000. As of December 31, 2018 and 2017, PMI - Peru has recorded a liability of $2,030,482 and $2,113,175, respectively, as a tax liability, which is included as other long-term liabilities in the accompanying consolidated statements of financial position. PMI - Peru incurred a tax expense in 2018 and 2017 of $0 and $364,479, respectively. Pro Mujer - Argentina will submit a lawsuit at the court, related to the tax exemption request corresponding to 2018, which was denied by the Tax Administration. Although in 2018, Regulation No. 1170/18 published that the activities of Pro Mujer - Argentina have been tax exempted from 2018 onwards, the case is still pending to be confirmed by the court. There are no other uncertain tax positions which require disclosure or recognition within the consolidated financial statements with respect to the other entities. RECONCILIATION OF REVENUE PER FINANCIAL STATEMENT PART XI, LINE 2D PRO MUJER MEXICO REVENUE $ 10,230,671 WASI REVENUE $ 461,667 ADJ FOR I/C GRANTMAKING $(909,380) --------------- TOTAL $ 9,782,958 PART XI, LINE 4B LOSS IN EQUITY SUBSIDIARIES $(3,115,583) RECONCILIATION OF EXPENSE PER FINANCIAL STATEMENT PART XII, LINE 2D PRO MUJER MEXICO EXPENSE $ 13,554,996 WASI EXPENSE $ 252,925 FOREIGN CURRENCY TRANSLATION $ 3,085,178 ADJ FOR I/C GRANTMAKING $(909,380) --------------- TOTAL $ 15,983,719 true South America 63 892 Program Services Financial and Health 26574517 Central America and the Caribbean 11 352 Program Services Financial and Health 10872070 North America Grantmaking 447714 Central America and the Caribbean Grantmaking 17500 South America Grantmaking 49598 74 1244 74 1244 37961399 37961399 North America FIN/HLTH 243548 WIRE North America FIN/HLTH FIN/HLTH 204166 WIRE Central America and the Caribbean FIN/HLTH 14500 WIRE South America FIN/HLTH 49598 WIRE 3 1 true false true false false false GRANTS AND ASSISTANCE TO ORGANIZATIONS OUTSIDE THE US PART I, LINE 2 PRO MUJER, INC. MAKES GRANTS TO TWO RELATED ORGANIZATIONS, PRO MUJER MEXICO APOYO A.C. AND ASOCIACION PRO MUJER DE MEXICO S.A. DE C.V. SOFOM. 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 TO ENSURE THAT THE PROJECT IS COMPLETING OUTLINED MILESTONES. true WASI SOCIAL INNOVATION INC 125 MAIDEN LANE NEW YORK NY 10038 824473371 501(C)(3) 461667 WOMEN SVS 1 0 GRANTS AND ASSISTANCE TO DOMESTIC ORGANIZATIONS PART I, LINE 2 PRO MUJER, INC. MAKES GRANTS TO ONE DOMESTIC RELATED ORGANIZATION, WASI SOCIAL INNOVATION, INC. FUNDS USED IN LINE WITH PRO MUJER, INC. TAX-EXEMPT PURPOSES. X X true true false false false false false true false MARIA CAVALCANTI PRESIDENT & CEO (NON-VOTE) 337923 0 60000 0 0 0 33000 0 2741 0 433664 0 0 0 DIANA DE CASTRO CHIEF ALLIANCE OFFICER 184883 0 24050 0 0 0 9250 0 2080 0 220263 0 0 0 RAUL ALBERTO ESPEJEL CHIEF FINANCIAL OFFICER 0 212487 0 17323 0 53425 0 0 0 6260 0 289495 0 0 CAMILO MENDEZ DIR. GLOBAL TREASURY & INV. 133104 0 18428 0 0 0 7087 0 42734 0 201353 0 0 0 MOHIT NAGPAL CHIEF OP. OFFICER (AS OF 1/18) 218532 0 20000 0 0 0 0 0 10569 0 249101 0 0 0 CESAR MAITA GENERAL COUNSEL 111546 0 16240 0 37240 0 0 0 9577 0 174603 0 0 0 MARGARITA TALAVERA CHIEF HUMAN RESOURCES OFFICER 127128 0 2437 0 20650 0 0 0 9025 0 159240 0 0 0 NORMA SEGURA INTERNATIONAL CONTROLLER 136838 0 18200 0 0 0 5083 0 6799 0 166920 0 0 0 JESSICA OLIVAN DIR. STRATEGIC PARTNERSHIPS 110075 0 14950 0 0 0 1150 0 28701 0 154876 0 0 0 RODOLFO MEDRANO DIR., MEXICO; FORMER PMI COO 0 50257 0 2746 0 94162 0 0 0 4222 0 151387 0 0 SEVERANCE PAYMENT PART I, LINE 4A LYNNE PATTERSON RECEIVED A SEVERANCE PAYMENT OF $34,200 IN 2018. RODOLFO MEDRANO RECEIVED A SEVERANCE PAYMENT OF 94,162 IN 2018. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PART I, LINE 4B MARIA CAVALCANTI PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. $2,500 WAS DEFERRED IN 2018 AND IS REPORTED IN SCHEDULE J, PART II, COLUMN (C). NON-FIXED PAYMENT PART I, LINE 7 MARIA CAVALCANTI RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $60,000 IN 2018. DIANA DE CASTRO RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $24,050 IN 2018. RAUL ALBERTO ESPEJEL RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $17,323 IN 2018. CAMILO MENDEZ RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $18,428 IN 2018. MOHIT NAGPAL RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $20,000 IN 2018. CESAR MAITA RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $16,240 IN 2018. MARGARITA TALAVERA RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $2,437 IN 2018. NORMA SEGURA RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $18,200 IN 2018. JESSICA OLIVAN RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $14,950 IN 2018. RODOLFO MEDRANO RECEIVED A DISCRETIONARY NON-FIXED PAYMENT OF $2,746 IN 2018. X 12 140586 FMV X SUBSCRIPTION TECH TOOL 1 180000 FMV false true false NUMBER OF CONTRIBUTIONS PART I, COLUMN (B) THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF SEPARATE CONTRIBUTIONS. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 PRO MUJER PROVIDES FINANCIAL INCLUSION, HEALTH AND ENTREPRENEURIAL SUPPORT FOR UNDERSERVED WOMEN IN LATIN AMERICA, CREATING SUSTAINABLE ECONOMIC OPPORTUNITIES FOR THESE WOMEN, THEIR FAMILIES AND THEIR COMMUNITIES. FORM 990, PART III, LINE 1 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. WE PROVIDE FINANCIAL SERVICES, LIFE-SAVING PREVENTATIVE HEALTHCARE, CAPACITY BUILDING EDUCATION AND BUSINESS TRAINING. PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4A IN 2018, PRO MUJER SERVED OVER 218,000 VULNERABLE WOMEN IN LATIN AMERICA BY PROVIDING GROUP AND INDIVIDUAL LOANS, SAVINGS PROGRAMS, INSURANCE, FINANCIAL EDUCATION AND BUSINESS TRAINING. THESE SERVICES HAVE HELPED WOMEN START AND GROW THEIR BUSINESSES. WE ALSO SERVED OUR BENEFICIARIES BY PROVIDING ACCESS TO LOW-COST, HIGH-QUALITY HEALTH SERVICES, INCLUDING PREVENTIVE CARE AND REGULAR CANCER SCREENINGS. LAST YEAR, PRO MUJER PROVIDED: - US $293 MILLION IN LOANS - 755,000 HEALTH SERVICES - 101,000 CANCER SCREENINGS -- PRO MUJER STEWARDED RESOURCES WISELY: MORE THAN 85% OF EVERY DOLLAR DONATED WENT TO PROGRAMS TO SERVE LOW-INCOME WOMEN. 5% SUPPORTED FUNDRAISING. 10% SUPPORTED MANAGEMENT AND ADMINISTRATION. -- PRO MUJER EMPLOYED NEARLY 1,600 EMPLOYEES WORKING IN LATIN AMERICA IN 2018, 69% WERE WOMEN; 15% OF OUR STAFF ARE FORMER RECIPIENTS OF PRO MUJER'S SERVICES. AS OF DECEMBER 31, 2018, PRO MUJER'S COUNTRIES OF OPERATION AND NUMBER OF BENEFICIARIES ARE: * ARGENTINA: 14,442 BENEFICIARIES * BOLIVIA: 123,382 BENEFICIARIES * MEXICO: 24,523 BENEFICIARIES * NICARAGUA: 44,138 BENEFICIARIES * PERU: 12,448 BENEFICIARIES U.S. AND FOREIGN COMPENSATION FORM 990, PART I, LINES 5 & 15; PART V, LINE 2A AND 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 REVIEW Form 990, Part VI, Line 11b THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM (KPMG) BASED ON INFORMATION PROVIDED BY PRO MUJER MANAGEMENT. THE RETURN WAS THEN REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. A COPY OF THE FINAL FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. CONFLICT OF INTEREST REVIEW FORM 990, PART VI, 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. COMPENSATION REVIEW FORM 990, PART VI, LINES 15A & 15B THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE PERFORMANCE EVALUATION OF THE CEO AND ALSO 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 BASED ON EACH INDIVIDUAL'S PERFORMANCE COMMUNICATED THROUGH MANAGEMENT (MEASURED THROUGH AN ANNUAL PERFORMANCE REVIEW PROCESS). THE CEO BRINGS THE PROPOSED CHANGES TO THE BOARD FOR REVIEW, AND TOGETHER WITH THE PERTINENT PERFORMANCE DATA FOR THAT POSITION, THE BOARD APPROVES CHANGES IN COMPENSATION, AS PREVIOUSLY DESCRIBED. APPROVALS BY THE CEO AND THE BOARD ARE REQUIRED. DOCUMENTATION: INDIVIDUAL PERFORMANCE IS EVALUATED BY MANAGEMENT AND BOARD, AND COMMUNICATED IN WRITING AS EVIDENCED, AS IS THE RETENTION VALUE OF KEEPING A KEY EMPLOYEE. GENERALLY, THIS IS DONE AT THE END OF THE YEAR. DOCUMENT AVAILABILITY Form 990, Part VI, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT GENERALLY AVAILABLE TO THE PUBLIC. THESE DOCUMENTS ARE MADE AVAILABLE TO INTERESTED PARTIES UPON REQUEST, SUBJECT TO APPROVAL BY PRO MUJER. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 FOREIGN CURRENCY TRANSLATION -$3,085,178 CONSOLIDATED FINANCIAL STATEMENTS FORM 990, PART XII, LINE 2B PRO MUJER'S FINANCIAL STATEMENTS ARE COMPILED ON A CONSOLIDATED BASIS. PRO MUJER SEPARATE REPORTING PRO MUJER PROVIDES VITAL SERVICES TO WOMEN THROUGHOUT LATIN AMERICA, INCLUDING THE COUNTRIES OF ARGENTINA, BOLIVIA, NICARAGUA, MEXICO AND PERU. PRO MUJER ACTIVITIES IN ARGENTINA, BOLIVIA, NICARAGUA, AND PERU ARE REPORTED AS PART OF THE ACTIVITIES OF PRO MUJER, INC. FOR PURPOSES OF FORM 990, IN COMPLIANCE WITH PRESENTATIONAL REQUIREMENTS PER TREASURY REGULATION 301.7701-3. PRO MUJER ENTITIES IN MEXICO (PRO MUJER MEXICO) ARE NOT CONSIDERED FOREIGN DISREGARDED ENTITIES OF PRO MUJER, INC.; THEREFORE, ACTIVITIES IN MEXICO ARE NOT REPORTED ON THIS FORM 990, OTHER THAN ON SCHEDULE R. PRO MUJER MEXICO SERVES ALMOST 25,000 WOMEN LIVING IN 34 COMMUNITIES SPREAD THROUGHOUT EIGHT STATES IN MEXICO. PRO MUJER IN MEXICO IS THE ONLY INSTITUTION IN MEXICO THAT COMBINES MICROFINANCE WITH WOMEN'S HEALTH AND EMPOWERMENT TRAINING. PRO MUJER MEXICO'S FINANCIAL STATEMENTS INCLUDES $2,280,614 IN NET LOSS, $13,472,667 IN ASSETS, $10,152,271 IN LIABILITIES AND $3,320,396 IN TOTAL NET ASSETS. WASI SOCIAL INNOVATION, INC. IS NOT CONSIDERED A DISREGARDED ENTITY OF PRO MUJER, INC. THEREFORE ACTIVITIES IN WASI SOCIAL INNOVATION, INC. ARE NOT REPORTED ON THIS FORM 990. WASI SOCIAL INNOVATION, INC. INCLUDES $208,742 IN NET INCOME, $260,843 IN ASSETS, $52,101 IN LIABILITIES AND $208,742 IN TOTAL NET ASSETS. 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