Association of Retirees of the Inter- American Development Bank

Nonprofit profile at a glance

EIN
521656218
IRS 990 coverage
2017–2025
Forms available
Form 990 2025
Location
Washington, DC, USA
Phone
2026233035
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$291,930
Expenses
$227,801
Assets
$694,492
Liabilities
$-450

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • RIGOBERTO ORDONEZ (PRESIDENT)
  • SANDRA DARVILLE (VICE PRESIDENT)

People named in this filing

  • CAROLINA ACLAN (SECRETARY)
  • CLAUDIA FRANCO (TREASURER)
  • GUILLERMO VILLACORTA GAVIDIA (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To speak on behalf of its members regarding their rights and interests before the iadb and other organizations. To organize social, fraternal, educational, humanitarian and other activities that further the wellbeing of its members. To provide for its membership a link with fellow members throughout the world.

What it reported doing in 2025

During 2025 the association of retirees of the inter-american development bank accomplished the following:- implemented the updated chapter regulations, promoting standardized objectives and procedures, chapter-sponsored activities and information sharing. A new board was elected to run the newly created mexico chapter.- implemented updated communications strategy and social media guidelines; published the 2024 annual report and all 12 monthly newsletters on schedule.- engaged with idb management on medical benefits program updates, participated in informational webinars and member q&a activities.- ensured full compliance with staff retirement plans provisions; represented retirees in all pension and managing committee meetings.- participated in community service activities addressing food insecurity and fundraising initiatives aiding disaster relief efforts in argentina and jamaica.- strengthened partnerships with other multilateral retiree associations, and participated in the 2025 araio meeting hosted by the paho to exchange best practices on membership services, elections, as well as pension and medical benefits.

Operating model

Revenue model
Donor-supported. 63% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.9%; rating input score 74
  • Program expense ratio: 91.9%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 3.05; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 16.2% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 73.9% of revenue deployed · 91.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $209K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.