2023-10-27T09:02:12-05:00 2022-12-31 521073331 DEMBO JONES PC 6116 EXECUTIVE BLVD SUITE 500 NORTH BETHESDA MD 20852 990 2022-01-01 455419038 CODESPA AMERICA CODE 2026449278 1050 CONNECTICUT AVE - UNIT 66235 WASHINGTON DC 20035 MICHELLE HNIZDA EXECUTIVE DIRECTOR 2026449278 2023-10-26 1 MICHELLE HNIZDA 1 JOSHUA G DZYAK CPA P01398949 3017705100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELLE HNIZDA 1050 CONNECTICUT AVE - UNIT 66235 WASHINGTON DC 20035 1268760 0 X WWW.CODESPA-AMERICA.ORG X 2011 DC TO ELEVATE PEOPLE FROM POVERTY TO PROSPERITY IN THE MOST UNDERSERVED REGIONS OF THE WORLD. 12 12 1 12 0 0 526847 1268345 0 0 380 415 0 0 527227 1268760 0 0 0 0 114783 116007 0 0 56118 397920 387959 512703 503966 14524 764794 64329 745150 146780 62807 -82451 682343 X WE ARE ON A MISSION TO ELEVATE 10 MILLION PEOPLE FROM POVERTY TO PROSPERITY IN THE MOST UNDERSERVED REGIONS OF LATIN AMERICA, AFRICA, AND ASIA THROUGH OUR COMMUNITY-LED, SCALABLE APPROACH TO RURAL MARKET DEVELOPMENT AND EMPOWERING ENTREPRENEURS BY PROVIDING THEM ACCESS TO KNOWLEDGE, MARKETS, AND FINANCIAL SERVICES. 0 0 247963 PROMOTING ENTREPRENEURSHIP, EMPLOYMENT, COMMUNITY SAVINGS AND CREDIT GROUPS TO PROVIDE ECONOMIC AND CAPITAL OPPORTUNITIES TO THE FAMILIES OF HUARAL, PER PHASE 2 TOTAL $1 MILLION IN THE FIRST PHASE OF OUR PROJECT AIMED AT PROMOTING ENTREPRENEURSHIP, EMPLOYMENT, COMMUNITY SAVINGS, AND CREDIT IN THE VULNERABLE COMMUNITIES OF HUARAL, WE PROVIDED TECHNICAL ASSISTANCE AND SUPPORT TO COMMUNITY MEMBERS LOOKING TO START OR ENHANCE BUSINESSES, WITH A FOCUS ON INDIGENOUS GROUPS. WE INTRODUCED KEY COMPONENTS SUCH AS PROMOTING ENTREPRENEURSHIP AMONG WOMEN AND YOUNG ADULTS, CREATING COMMUNITY CREDIT AND SAVINGS GROUPS, AND OFFERING PROFESSIONAL TRAINING AND JOB PLACEMENT OPPORTUNITIES. AS WE MOVE INTO PHASE 2, OUR OBJECTIVES ARE CLEAR: WE WILL STRENGTHEN 15 SAVINGS AND CREDIT GROUPS TO ACCELERATE THE CREATION OF 100 INNOVATIVE ENTERPRISES AND ENHANCE THE VIABILITY OF 300 EXISTING ONES. ADDITIONALLY, WE PLAN TO ESTABLISH A SOCIAL ENTERPRISE FOR THE FORMAL COMMERCIALIZATION OF PRODUCTS FROM THESE ENTREPRENEURS AND REINFORCE THE ONLINE SALES PLATFORM "HUARAL EMPRENDE." WHILE THE FIRST PHASE EMPOWERED COMMUNITIES FINANCIALLY, THE SECOND PHASE WILL TRANSFORM THESE GROUPS INTO ENGINES FOR NEW ENTERPRISES, DIVERSIFYING ECONOMIC SECTORS AND CREATING JOB OPPORTUNITIES WITHIN HUARAL AND BEYOND. FURTHERMORE, WE WILL ESTABLISH A SUSTAINABLE BUSINESS STRUCTURE TO LINK LOCAL PRODUCTS AND SERVICES WITH BUYERS AND WILL EMPHASIZE DIGITALIZATION, ENHANCING THE WWW.HUARALEMPRENDE.COM PLATFORM TO ENSURE THE PROJECT'S LONG-TERM SUCCESS. THIS PHASE AIMS TO MAKE A LASTING IMPACT, EVEN AFTER OUR INTERVENTION CONCLUDES. 55000 CONTRIBUTION TO THE ECONOMIC RECOVERY OF 200 FAMILIES FROM THE EFFECTS OF PANDEMIC LOCKDOWNS AND THE ARMED CONFLICT AND ILLICIT ECONOMIES IN THE MUNICIPALITIES OF MIRANDA AND TUMACO - COLOMBIA.TOTAL : $125,000.00THE PROJECT IS DEDICATED TO FOSTERING LICIT ECONOMIES AS A MEANS TO SUPPORT THE LIVELIHOODS OF 200 SMALL PRODUCERS WHO HAVE BEEN DEEPLY IMPACTED BY THE COMBINED CHALLENGES OF THE COVID-19 PANDEMIC, DRUG TRAFFICKING, AND THE ONGOING ARMED CONFLICT IN THE MUNICIPALITIES OF MIRANDA (CAUCA) AND TUMACO (NARIO). TO ACHIEVE THIS, THE PROJECT WILL FOCUS ON THE CULTIVATION AND DEVELOPMENT OF SHRIMP AND BLACKBERRY MARKETS IN RURAL AREAS. THIS INITIATIVE AIMS TO NOT ONLY PROVIDE ECONOMIC OPPORTUNITIES FOR THESE VULNERABLE FAMILIES BUT ALSO TO CREATE SUSTAINABLE AND LEGAL SOURCES OF INCOME, ULTIMATELY CONTRIBUTING TO THE ECONOMIC RECOVERY AND STABILITY OF THE COMMUNITIES IN THESE REGIONS. 45298 MARKET CONSOLIDATION AND SMALL BUSINESSES DEVELOPMENT FOR INDIGENOUS TEXTILE ARTISANS AS A SOURCE FOR ALTERNATIVE EMPLOYMENT AND INCOME FOR VULNERABLE WOMEN, PERU AND BOLIVIA.THE PROJECT AIMS AT THE COMPETITIVE CONSOLIDATION OF THE TEXTILE PRODUCTIONACTIVITIES INITIATED IN A PREVIOUS PROJECT, CONTINUING WORKING IN IMPROVING PROFESSIONAL ABILITIES FOR 700 AYMARA AND QUECHUA INDIGENOUS WOMEN IN PUNO(PERU) AND COPACABANA(BOLIVIA), AND STRENGTHENING THEIR SMALL ENTERPRISESAIMED TO CONSOLIDATE TEXTILE PRODUCTION AND GUARANTEE ACCESS TO FASHION MARKETS. CODESPA AMERICA IS IMPLEMENTING THREE MAIN COMPONENTS OF TECHNICAL ASSISTANCE AIMED TO INCLUDE FINAL BENEFICIARIES IN FURTHER ECONOMIC DEVELOPMENT AND QUALITY LIFE IMPROVEMENT: FOR 300 BENEFICIARIES IN PERU, THROUGH CERTIFICATION, COMMERCIAL CONNECTIONS AND ALLIANCES WITH THE PUBLIC SECTOR. 2) STRENGTHENING OF A SOCIAL ENTERPRISE IN BOLIVIA(KURMI), FOR THE COMMERCIALISATION OF BENEFICIARIES' PRODUCTS; 3) IMPROVEMENT FOR MARKET ACCESS FOR 400 BENEFICIARIES IN BOLIVIA, THROUGH PRODUCT STANDARDIZATION, COMMERICAL CONNECTIONS AND ALLIANCES WITH THE PUBLIC SECTOR. MAIN OUTPUTS OF THEPROJECT WILL BE: 100 BENEFICIARIES, WOMEN TEXTILE ARTISANS CERTIFIED INLABOR COMPETENCIES BY THE LABOR MINISTRY OF PERU AND INTEGRATED INTO KURMI;90% OF THE BENEFICIARIES OF KURMI HAVE IMPROVED THEIR CAPACITIES TO MEET EXPORT STANDARDS, DOUBLING THEIR PRODUCTIVE CAPACITY. 400 INDIGENOUS WOMEN HAVE INCREASED BY 30% THEIR INCOME RELATED TO HANDICRAFTS AND TEXTILE PRODUCTION. 348261 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2026449278 1050 CONNECTICUT AVE - UNIT 66235 WASHINGTON DC 20035 WILLIAM MOSS CHAIRMAN 1.00 X X 0 0 0 DARYL GLICK TREASURER 1.00 X X 0 0 0 AARON SCHUCHART BOARD MEMBER 1.00 X 0 0 0 CARLOS PADULA BOARD MEMBER 1.00 X 0 0 0 DIANA ESCODA BOARD MEMBER 1.00 X 0 0 0 SEEMA ALEXANDER BOARD MEMBER 1.00 X 0 0 0 JOSE IGNACIO GONZALEZ-ALLER GROSS BOARD MEMBER 1.00 X 0 0 0 MAX PRIMORAC BOARD MEMBER 1.00 X 0 0 0 ROBERT ZULANDI BOARD MEMBER 1.00 X 0 0 0 JENNIFER HOGAN BOARD MEMBER 1.00 X 0 0 0 FRANK KELLY BOARD MEMBER 1.00 X 0 0 0 ROLAND HAWTHORNE BOARD MEMBER 1.00 X 0 0 0 MICHELLE RIESTRA EXECUTIVE DIRECTOR 40.00 X 100000 0 8357 100000 0 8357 0 0 0 0 0 1268345 7250 1268345 415 415 1268760 0 0 415 X 108357 14011 75665 18681 7650 989 5342 1319 40194 40194 328244 305719 22525 11838 5068 6770 7683 860 6823 INDIRECT COST RECOVERY 0 27542 -27542 503966 348261 99587 56118 35903 44437 25120 699721 3306 992 64329 745150 165 2610 54648 0 65558 60197 26409 0 146780 62807 X -82451 -132765 815108 -82451 682343 64329 745150 764794 0 X X 0 1 X 1 0 X 240903 629120 465601 526847 1268345 3130816 240903 629120 465601 526847 1268345 3130816 3130816 2016 349 380 415 3160 3133976 0.99900 0.99870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1268760 0 1268760 0 1268760 503966 0 503966 0 503966 PART X, LINE 2: CODESPA IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THESE PROVISIONS, NO TAX IS IMPOSED ON ANY INCOME RELATED TO CODESPA'S TAX-EXEMPT PURPOSE. CODESPA HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2022 AND 2021. CODESPA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. CODESPA'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. 1 SOUTH AMERICA 0 0 SUBCONTRACTED SERVICES BUSINESS GUIDANCE 289719 0 0 0 0 0 0 289719 0 289719 0 0 0 0 0 0 PART I, LINE 2: CONTRACTORS OUTSIDE OF THE USA PROVIDE REIMBURSABLE EXPENSE REPORTS THAT ARE APPROVED BEFORE BEING PAID. PART III ACCOUNTING METHOD: FORM 990, PART VI, SECTION B, LINE 11B 990 WILL BE REVIEWED BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C IF ANY SUCH CONFLICT OF INTEREST ARISES WITH REGARD TO A MATTER REQUIRING ACTION OF THE BOARD, THE INTERESTED PARTY SHALL IMMEDIATELY CALL IT TO THE ATTENTION OF THE BOARD AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. THE FACT THAT THE OFFICER IS ALSO A DIRECTOR OR MEMBER OF A NON-PROFIT ORGANIZATION THAT OBTAINS OR SEEKS FUNDS SHALL NOT BY ITSELF BE DEEMED A CONFLICT OF INTEREST, WHEN THERE IS A DOUBT AS TO WHETHER ANY CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF DIRECTORS, EXCLUDING THE PERSON WHO IS SUBJECT OF THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 REVIEW AND APPROVAL BY BOARD FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 305,719. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 22,525. TOTAL EXPENSES 328,244. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED.