Confederacion Sudamericana De Futbol Conmebol

Nonprofit profile at a glance

EIN
981493547
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Valois Rivarola Central Luque, PA
Phone
5952151720
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$868,671,866
Expenses
$756,646,026
Assets
$662,993,209
Liabilities
$389,210,100

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • ALEJANDRO DOMINGUEZ (PRESIDENT/COUNCIL MEMBER)
  • ENRIQUE P CACERES VILLAFANE (PRESIDENT OF THE REFEREES COM.)
  • RICARDO AVELINO TRADE (CEO COPA AMERICA 2024)

Highest reported compensation

  • ALEJANDRO DOMINGUEZ (PRESIDENT/COUNCIL MEMBER): $3,432,390 total reported compensation
  • JOSE ASTIGARRAGA CAMPOS (SECRETARY GENERAL): $833,386 total reported compensation
  • CLAUDIO FABIAN TAPIA (COUNCIL MEMBER): $820,190 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o.

What it reported doing in 2024

World football remission fund: due to conmebol's cooperation, it was named as a victim in case no. 1:15-cr-00252-rjd (edny), known as fifa gate, involving some of its former executives. As of december 31, 2024, conmebol has managed and obtained approval to use this fund in 23 projects for a total of usd 50,648,296; this represents 70,8% of the agreement signed with the us attorney's office. Of the approved projects, as of december 31, 2024, 52% have been audited with satisfactory reports, while 48% are in full execution and/or in the process of finalizing administrative processes, it is worth mentioning that the audits are carried out by firms with international membership and recognized experience. In accordance with the request and decision of the fifa foundation council, as recorded in the minutes of may 31, 2024, a total of usd 5,790,574, corresponding to the remnants of completed projects and interest generated up to april 30, 2024, was returned to the fifa foundation on august 21, 2024, these funds were subsequently returned to conmebol and used to finance approved projects.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 42% for direct work, and 58% for affiliated organizations.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 50
  • Accountability: 91
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.1%; rating input score 81
  • Program expense ratio: 95.2%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.9%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 0.88; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 1.8%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 44.9% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 50.1% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 81.1% of revenue deployed · 95.2% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $720M in reported program spending
  • Leadership: top reported pay $3.4M · 25 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $301.7M reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 4 filed schedules · includes foreign activity and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 24 filed money-flow records
  • 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.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.