2011-08-12T10:47:57-05:00 2010-09-30 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650 NORTH BETHESDA MD 208142930 990 2009-10-01 342015566 THE IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ 2022234600 C/O KLAMP ASSOC 2000 P ST NW No 708 WASHINGTON DC 20036 JORGE R VILA 2022234600 2011-08-12 1 3019519090 2009 2016-02-24 21:20:13Z X Jorge R Vila C/O KLAMP ASSOC 2000 P ST NW No 708 WASHINGTON DC 20036 3942591 0 X www.immdf.org X 2004 TX see part III, line 1 4 4 0 4 0 0 9100000 0 4373838 3913167 40812 29424 0 13514650 3942591 0 0 855110 921939 0 0 15856330 10226971 16711440 11148910 -3196790 -7206319 42726690 30579572 20831924 15891125 21894766 14688447 IMMDF makes development loans at below market interest rates with non-commercial terms to small and medium sized businesses in areas of Iraq with low income and high unemployment to create jobs, lessen poverty, and foster economic growth. 0 0 10392305 3913167 Capital Assistance: IMMDF made development loans at below market interest rates with non-commercial terms to small and medium sized businesses in areas of Iraq. 10392305 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 JO IZ 0 0 0 0 0 0 0 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Klamp and Associates PC 2022234600 2000 P st NW Ste 708 washington DC 20036 mIchael Doyle 3.00 X 0 0 0 nASER DARWISH 3.00 X 0 0 0 jAMES PICKUP 3.00 X 0 0 0 raLPH LOBDELL 3.00 X 0 0 0 JORGE R VILLA 40.00 X 200418 0 40269 Rosemarie Sabatino 1009 to 1209 40.00 X 0 0 0 200418 0 40269 1 0 1 0 KLAMP & ASSOCIATES PC 2000 P ST NW 708 Washington DC 20036 Legal SERVICES 221924 CHF International 8601 Georgia Ave 800 Silver Spring MD 20910 Consulting 200000 3 Program Fees 900099 2812889 2812889 BAD DEBT RECOVERY 900099 1100278 1100278 3913167 29424 29424 3942591 3913167 0 29424 198062 118837 79225 573399 453174 120225 11940 11268 672 91519 72911 18608 47019 35264 11755 200000 184060 15940 410727 308045 102682 36448 36448 5826 5826 104414 104414 13030 12910 120 51981 38986 12995 111574 55787 55787 2353 2353 1183938 1183938 172506 86253 86253 bad Debt 7820188 7820188 secURITY expenses 33004 8251 24753 vehICLES & TRANSPORT. 31711 31711 Tax services 17631 17631 furniTURE & EQUIPMENT 10192 10192 21448 2433 19015 11148910 10392305 756605 0 13308009 11434265 1981272 4479882 366125 399937 27020791 14072793 41050 183227 9443 9468 42726690 30579572 622305 521482 20209619 15369643 20831924 15891125 X -10140926 -15202461 32035692 29890908 21894766 14688447 42726690 30579572 X 0 1 1 X 1 1 X 8254581 9100000 17354581 8254581 9100000 17354581 17354581 1554 40812 29424 71790 17426371 19328884 0.99590 0.98560 X 0 3942591 11148910 -7206319 0 -7206319 3942591 0 3942591 0 3942591 11148910 0 11148910 0 11148910 Part X: Description of Uncertain Tax Positions Under FIN 48: In June 2006, the Financial Accounting Standards Board (FASB) released FASB ASC 740-10, Income Taxes, that provides guidance for reporting uncertainty in income taxes. For the year ended September 30, 2010, IMMDF has documented its consideration of FASB ASC 740-10 and determined that no material uncertain tax positions qualify for either recognition or disclosure in the consolidated financial statements. Middle East and North Africa 3 14 program services IMMDF provides loans to small and middle sized Iraq enterprises at market rates. 1513210 3 14 1513210 X 1 1 X X 0 0 0 0 0 0 0 0 0 JORGE R VILLA 185000 0 0 0 15418 0 18500 0 21769 0 240687 0 0 0 Form 990, Part VI, Section A, line 2 Board Members Michael Doyle, Naser Darwish and Ralph Lobdell have business relationships. Form 990, Part VI, Section B, line 11 The form 990 was prepared by the outside accountants and reviewed by the General Manager and Chief Financial Officer of IMMDF. The 990 was presented and circulated to the Board of Directors for approval before it was filed. Form 990, Part VI, Section B, line 12c Directors have approved a policy requiring them to disclose any potential conflicts of interest when they arise. If there are transactions involving a director, that director leaves the relevant portion of the board meeting and does not participate in the decision. Disclosure forms are required of board members. Form 990, Part VI, Section B, line 15a The initial salary of the general manager of IMMDF was determined by the government agency funding IMMDF. Raises are decided upon by the board of directors after a performance review, comparison with similar organizations, and a discussion by the board without the General Manager present. The decision is documented in written minutes of the board. the last salary review for the general manager was done in february 2011. Form 990, Part VI, Section C, line 19 IMMDF does not make its governing documents, conflict of interest policy, or financial statements available to the public. the gulf company for credit assessement po box 142356 amman JO administrative support to immdf JO 0 25692 N/A