2025-02-28T13:10:51-07:00 2024-06-30 990 2023-07-01 237398678 MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES MENN 8006657026 342 North Queen St Warehouse D Lancaster PA 17603 Wendy Clayson CFIO 8006657026 2025-02-28 1 2023 2025-03-06 01:10:19Z X MEDA Mennonite Economic Development Associates 342 North Queen St Warehouse D Lancaster PA 17603 9390636 0 X www.meda.org X 1973 PA MEDA creates business solutions to poverty. 5 5 13 0 0 0 11296249 9006449 212126 338737 0 16931 51459 26307 11559834 9388424 824424 698917 0 0 1061144 1207329 0 0 976832 8924183 7471407 10809751 9377653 750083 10771 19730904 19071492 5580491 4910308 14150413 14161184 MEDA creates business solutions to poverty. 0 0 5793231 648449 4846392 MEDA works alongside our partners and clients to help: i) alleviate poverty, ii) support sustainable business growth and livelihoods, iii) women move into more valued and equitable roles in their economies, iv) businesses and small entrepreneurs gain access to financial services including investment, adopt clean technologies/climate-smart approaches, and minimize their environmental footprint, and v) improve their economies. MEDA's development programs include a full range of economic development tools: financial services, improved technology, business training and better access to markets. Our development program work most often focuses on women, youth and people living in poverty in rural areas. 1031202 0 53805 MEDA develops and invests in vehicles that assist low-income persons in developing countries through the provision of credit and equity financing that creates businesses and income generation to assist the poor. 610300 50468 101469 MEDA programs facilitates the connection of faith and work through discussions, publications and conventions for participants. 0 0 0 7434733 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 13 1 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 PA X Wendy Clayson 8006657026 595 Parkside Drive Suite 2 Waterloo Ontario CA N2L 0C7 Claude Clodomir Chief of Party, Haiti, MEDA 37.5 0.00 X 302787 0 0 Dorothy Nyambi President/CEO, MEDA 0 37.5 X 0 170177 0 Pierre Kadet Regional Director, West & Central Africa 0 37.5 X 0 159012 0 Lindsay Wallace Sr. Vice President, Strategy & Impact 0 37.5 X 0 147776 0 Jessica Villanueva Sr. Director, Technical Areas of Practice, MEDA 37.5 0 X 143860 0 0 Mike Miller Sr. Vice President, Marketing & Development, MEDA 37.5 0 X 141883 0 0 James Miller Board Director , Vice-Chair 0 0 X X 0 0 0 Crystal Weaver Board Director, Chair 0 0 X X 0 0 0 Andreas Quiring Board Director, Treasurer 0 0 X X 0 0 0 Bethany Fosdyck Board Director, Secretary 0 0 X X 0 0 0 Verda Beachey Director 0 0 X 0 0 0 588530 476965 0 3 0 1 0 Sarona Asset Management Inc The Catalyst Commons 210-137 Glasgow Street Kitchener Ontario CA N2G 4XB investment management 323474 1 0 0 0 0 3188963 5817486 14362 9006449 Publications, sponsorships, int'l tour fees 900099 101469 101469 0 0 Program related investment income 523000 53805 53805 0 0 Consulting fees 541900 183463 183463 0 0 0 0 0 0 338737 13557 0 0 13557 0 0 0 0 0 0 0 0 26307 0 0 0 26307 0 26307 0 0 26307 0 5586 0 2212 0 3374 3374 0 0 3374 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9388424 338737 0 43238 0 0 0 0 698917 698917 0 0 0 0 0 0 0 0 0 0 937458 348635 98051 490772 45864 16687 4834 24343 151538 49636 8814 93088 72469 26590 7578 38301 1864348 994500 668488 201360 12467 1040 7992 3435 58870 2968 55902 0 0 0 0 0 0 0 331392 331392 0 0 0 0 0 0 36875 6519 8028 22328 64986 34131 15222 15633 24611 9086 14628 897 0 0 0 0 49586 75 45800 3711 88439 11298 5568 71573 0 0 0 0 56356 51764 57 4535 116938 116938 0 0 0 0 0 0 10990 164 10826 0 13684 0 13684 0 Direct Program Expenditures 4235133 4234130 0 1003 Training, resources, publications, mailings 39595 33610 132 5853 Unrealized and Realized Losses on Investments 426653 426653 0 0 Foreign Exchange Losses 40484 40000 484 0 0 0 0 0 9377653 7434733 966088 976832 2164794 20 0 2227532 0 0 1023975 2254437 0 0 0 0 802546 127967 0 0 12722 140639 96100 58442 50860 37658 0 0 0 0 15676007 14283239 0 0 0 0 19730904 19071492 361313 321245 0 788383 0 0 0 0 0 0 0 0 0 4430795 4589063 5580491 4910308 X 14150413 14161184 0 0 14150413 14161184 19730904 19071492 10771 0 0 0 0 0 X 0 1 X 1 1 1 X 7967659 7317578 13104520 11296249 9006449 48692455 977838 1638631 1442095 212126 338738 4609428 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8945497 8956209 14546615 11508375 9345187 53301883 42802 39871 45330 71953 76414 276370 496182 1498484 1321241 1340000 183463 4839370 538984 1538355 1366571 1411953 259877 5115740 48186143 1874 11475 32698 51459 39865 137371 0 0 0 0 0 0 1874 11475 32698 51459 39865 137371 0 0 0 0 0 0 313967 0 223504 0 0 537471 9261338 8967684 14802817 11559834 9385052 53976725 0.89272 0.89173 0.00255 0.00173 X Schedule A, Part III, Line 12 Foreign exchange gains. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 70679 0 34143 36536 25421 0 24299 1122 0 0 0 0 37658 CODIP S.A. 1232043 C MiCredito 3217507 F SEAF Single Vintage Flex Fund 125001 C IMON 1449921 C Access Africa Fund 25163 C MicroVest Plus L.P. 67622 C Sarona Frontier Markets Fund 1, L.P. 1172512 C Sarona Global Growth Markets Fund 1, L.P. 2530609 C Sarona Global Growth Markets Fund 2, L.P. 1548940 C WWB Capital Partners Fund L.P. 847039 C Sevis Finansye Fonkoze S.A. 125910 C Fonkoze, S.A. 1 C Mountain Lion Agriculture 176664 C WWB Capital Partners Fund II L.P. 764307 C MicroVest Enhanced Debt Fund 1000000 C 14283239 1 Sub-Saharan Africa 1 6 Program Services Microenterprise 1774022 Central America and the Caribbean 1 13 Program Services Microenterprise 2350964 Central America and the Caribbean 0 0 Investments 7422967 North America (including Canada and Mexico, but not the United States) 0 0 Investments 1172512 Russia and Neighboring States 0 0 Investments 1449921 South America 0 0 Investments 1232042 Sub-Saharan Africa 0 0 Investments 304631 2 19 15707059 North America (including Canada and Mexico, but not the United States) Program Activities 698917 Wire Transfer 0 Book 2 1 0 0 1 0 0 0 Schedule F, Part I, Line 2 Recipients of awards are screened through a due diligence process. Agreements are required to stipulate the type of activities undertaken and how funds will be spent. Regular programmatic and financial reports are required and variances are followed up on. X 1 1 0 0 0 0 0 0 0 0 0 Dorothy Nyambi President/CEO, MEDA 0 158503 0 0 0 11674 0 0 0 5834 0 176011 0 0 Claude Clodomir Chief of Party, Haiti, MEDA 152097 0 0 0 150690 0 0 0 21285 0 324072 0 0 0 Pierre Kadet Regional Director, West & Central Africa 0 105174 0 0 0 53838 0 0 0 17092 0 176104 0 0 Schedule J, Part I, Line 1a Claude Clodomir, as his role as Chief of Party in Haiti, is eligible for a housing allowance. Schedule J, Part I, Line 3 Related organization establishes compensation for CEO/President using the following methods - written employment contract and approval by the board. Form 990, Part VI, Section A, Line 6 Mennonite Economic Development Associates is a membership organization. Form 990, Part VI, Section A, Line 7a The Board of Directors is elected by the membership. Certain key actions and decisions of the Board must be approved by the members. Form 990, Part VI, Section A, Line 7b The approval of the Members is required for fundamental transactions of the Corporation: amendments of the by-laws or other organizational/governance documents, changes that could affect not-for-profit status, any change in mission or direction of the Corporation, expenditures in excess of a ten percent (10%) variance in the total annual budget, selection and/or removal of members of the Board of Directors of the Corporation, or to rescind any delegation of power by the Members to the Board of Directors, and to reserve such additional powers as the Members shall from time to time determine. Form 990, Part VI, Section B, Line 11b The Form 990 is available to public upon request. Form 990 is prepared by the Manager, Financial Planning & Analysis, reviewed by the Senior Director, Corporate Finance and signed off by the Chief Financial and Investment Officer. Form 990, Part VI, Section B, Line 12c Directors are asked to openly declare all potential conflicts of interest prior to each Board action. Form 990, Part VI, Section B, Line 15 The compensation of the CEO is set by the Board of Directors after consultation with an external advisor. Form 990, Part VI, Section C, Line 19 All organizational policies, financial statements and governing documents are available to the public upon request. Mennonite Economic Development Associates of Canada 595 Parkside Drive Suite 2 Waterloo Ontario CA N2L 0C7 Economic development CA MEDA International 0 MEDA Europa Heinrich Schuetz Str 12a 56566 Neuwied GM Economic development GM Mennonite Economic Associates US 1 MEDA International 595 Parkside Drive Suite 2 Waterloo Ontario CA N2L OC7 Economic Development CA N/A 0 MEDA Impact Investments 595 Parkside Drive Suite 2 Waterloo Ontario CA N2l OC7 Economic Development CA Mennonite Economic Development Associates of Canada 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 Mennonite Economic Development Associates of Canada b 86751 General Ledger Mennonite Economic Development Associates of Canada l 283468 General Ledger Mennonite Economic Development Associates of Canada m 1868041 General Ledger Mennonite Economic Development Associates of Canada p 324055 General Ledger Mennonite Economic Development Associates of Canada q 189433 General Ledger MEDA Impact Investments b 233561 General Ledger MEDA International b 378604 General Ledger