Pro Mujer Inc
- Assets
- $221.4m
- Revenue
- $46.5m
- Investments
- $0.0
- Employees
- 8
- Location
- New York, NY
- Founding
- 03/1991
- Data as of
- 12/2020
- EIN
- 98-0115409
Organization Overview
Pro Mujer Inc is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Pro Mujer Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pro Mujer Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Pro Mujer Inc generated $46.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $46.0m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL INCLUSION, HEALTH AND WELLBEING, AND ENTREPRENEURSHIP AND SKILLING OPPORTUNITIES FOR UNDERSERVED WOMEN IN LATIN AMERICA, (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 BILLION DOLLARS IN SMALL LOANS AND INVESTMENT TO WOMEN IN LATIN AMERICA. (SEE SCHEDULE O)
HEALTH AND WELLBEING - 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)
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)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Cavalcanti President & CEO | Officer | 40 | $433,976 |
Carmen Correa Vice President & COO | Officer | 40 | $210,000 |
Mauricio Viscarra General Manager | 48 | $187,310 | |
Ryan Denholm Senior Dir. Finance | 40 | $165,880 | |
Rolando Schmidt Chief Financial Officer | Officer | 40 | $150,000 |
Norma Segura Int. Controller | 40 | $143,849 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mefuna Sa Consulting | 12/30/21 | $1,130,000 |
Oscar Fernando Germn Trujillo Teja Security | 12/30/21 | $470,512 |
Carlo Rodrigo Len Valverde Property Maintenance | 12/30/21 | $228,224 |
Marketing Bolivia Srl Prolimpio Cleaning | 12/30/21 | $229,792 |
Prosegur Security | 12/30/21 | $198,383 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,198,364 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,513,948 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $802,178 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $873,877 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,843,582 |
| Pension plan accruals and contributions | $2,183,002 |
| Other employee benefits | $3,172,812 |
| Payroll taxes | $68,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $129,630 |
| Fees for services: Accounting | $253,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,299,926 |
| Advertising and promotion | $242,045 |
| Office expenses | $891,321 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,423,570 |
| Travel | $333,845 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,508,058 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,684,342 |
| Insurance | $526,380 |
| All other expenses | $0 |
| Total functional expenses | $45,982,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,209,785 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $115,585 |
| Accounts receivable, net | $910,020 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $155,402,412 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,915,112 |
| Investments—publicly traded securities | $12,142,197 |
| Investments—other securities | $0 |
| Investments—program-related | $1,768,230 |
| Intangible assets | $1,625,013 |
| Other assets | $11,704,446 |
| Total assets | $221,412,399 |
| Accounts payable and accrued expenses | $9,729,774 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $160,027,112 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,891,968 |
| Total liabilities | $180,648,854 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $40,763,545 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Pro Mujer Inc has recieved totaling $5,500,246.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $5,000,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $263,211 |
The Coca-Cola Foundation Inc Atlanta, GA PURPOSE: EMPRENDIENDO JUNTAS 2.0: EMPOWERING LOW-INCOME WOMEN MICROENTREPRENEURS THROUGH DIGITAL CHANNELS TO RECOVER THEIR LIVELIHOODS | $130,185 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $40,750 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: International Development | $30,600 |
Women Forward International Washington, DC PURPOSE: ADVANCE WOMEN'S ECONOMIC EMPOWERMENT IN LATIN AMERICA THROUGH FINANCIAL INCLUSION AND HEALTH AND EDUCATION PROGRAMS. | $15,000 |
Endowment Analysis
| Beg. Balance | $150,948 |
| Earnings | $1,937 |
| Other Expense | $1,937 |
| Ending Balance | $150,948 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brothers Brother Foundation Pittsburgh, PA | $16,877,615 | $117,307,567 |
International Aids Vaccine Initiative Inc New York, NY | $107,049,023 | $126,352,598 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
Oxfam-America Inc Boston, MA | $98,567,095 | $108,365,278 |
Helen Keller International New York, NY | $112,029,852 | $121,068,878 |
Action Against Hunger Usa New York, NY | $114,998,583 | $117,737,270 |
Jewish National Fund -Keren Kayemeth Leisrael- Inc New York, NY | $532,275,365 | $140,855,420 |
Concern Worldwide U S Inc New York, NY | $28,102,900 | $75,183,447 |
Brac Usa Inc New York, NY | $39,074,186 | $26,089,482 |
American Society For Technion- Israel Institute Of Technology Inc New York, NY | $552,165,498 | $74,453,195 |
The American College Of Greece Boston, MA | $67,377,188 | $58,892,639 |
King Baudouin Foundation United States Inc New York, NY | $71,313,887 | $81,640,878 |