Public Charity

IBERO-AMERICAN DEVELOPMENT CORPORATION

IBERO-AMERICAN DEVELOPMENT CORPORATION, of ROCHESTER, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.0M in revenue, $1.2M in expenses, $6.9M in total assets. 7 publicly reported grants to this organization, totaling roughly $131K, appear in IRS filings.

EIN: 161303858 ROCHESTER, NY Latest filing: 2025
Total Revenue$1.0M
Total Expenses$1.2M
Total Assets$6.9M
Grant Records7
Funding Total$131K
Filing Years2021–2025

Mission

THE IBERO-AMERICAN DEVELOPMENT CORPORATION WAS INCORPORATED TO ALLEVIATE THE HARDSHIP AND DISTRESS OF PERSONS AND FAMILIES OF LOW AND MODERATE INCOME RESIDING IN THE ROCHESTER, NY AREA BY PROVIDING DWELLING ACCOMMODATIONS AND SOCIAL AND RECREATIONAL FACILITIES AND TO MAINTAIN AND MANAGE REAL PROPERTY FOR VARIOUS NON-PROFIT ENTITIES. IN ADDITION, THE IBERO-AMERICAN DEVELOPMENT CORPORATION IDENTIFIES, REFURBISHES OR BUILDS, AND MARKETS HOMES WITH OTHER THIRD-PARTIES TO ELIGIBLE PURCHASES IN THE ROCHESTER, NY AREA.

Officers & Directors

PRES & CEO IAAL Angelica Perez-Delgado
TREASURER Arline Santiago
BOARD MEMBER Emeterio Pete Otero Phd
BOARD MEMBER Eugenio Cotto Jr
EXECUTIVE VICE PRESIDENT Eugenio Marlin
BOARD MEMBER Irene Sanchez

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROJECT CONTRIBUTION/SUPPORT
$36,000 1 grant
COMMUNITY PRESERVATION AND DEVELOPMENT
$25,000 1 grant
ECONOMIC DEVELOPMENT
$21,000 1 grant
HURRICANE RELIEF FUND
$20,000 1 grant
YOUTH SPORTS: "EL CAMINO PLAYS"
$14,720 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.0M $1.2M $6.9M
2024 $1.5M $1.1M $7.6M
2023 $965K $1.2M $6.8M
2022 $1.4M $1.1M $4.2M
2021 $1.2M $1.4M $4.1M

Between 2021 and 2025, reported annual revenue declined from $1.2M to $1.0M (-9%), with total assets most recently reported at $6.9M.

Interactive year-over-year charts and full filing details available with membership.

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