Overview
What is Association Of Retirees Of The Inter- American Development Bank?
The Association of Retirees of the Inter-American Development Bank is a nonprofit organization based in Washington, D.C. Their primary purpose is to advocate for the rights and interests of their members before the Inter-American Development Bank and other organizations. The association accomplishes this by organizing social, fraternal, educational, humanitarian, and other activities that enhance the well-being of its members. In 2022, they conducted an online survey to gather feedback, published newsletters, modernized their website, amended voting regulations, and ensured compliance with pension COLA adjustments, ultimately securing a 100% COLA adjustment for IADB international retirees. With a total of 1 employee, their mission also includes providing a global link for members and offering long-term benefits to ensure the real value of their pensions.
Official website here: www.ajbid.org
Is Association Of Retirees Of The Inter- American Development Bank legitimate?
Association Of Retirees Of The Inter- American Development Bank is a legitimate nonprofit organization registered as a 501(c)(5) entity. Association Of Retirees Of The Inter- American Development Bank submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $98,324
For more financial information, click here
Official website here: www.ajbid.org
What is the mission statement of Association Of Retirees Of The Inter- American Development Bank?
The Association of Retirees of the Inter-American Development Bank has a mission to advocate for the rights and interests of its members before the Inter-American Development Bank and other organizations. In addition to this, the association organizes social, fraternal, educational, humanitarian, and other activities that enhance the well-being of its members. It also provides a platform for its members to connect with fellow retirees worldwide.
During 2022, the association conducted an online survey to gather feedback from its members, published timely newsletters, and released an advanced planning handbook. It also modernized its website to make it easier to navigate and amended the voting regulations for association elections. Notably, the association took swift action to ensure that the provisions related to the cost of living adjustment ("COLA") in the staff retirement plan were fully adhered to, resulting in a 100% COLA adjustment of IDB's international retirees' pensions in calendar year 2022. Furthermore, it ensured the preservation of the pensions' real value, providing long-term benefits to all international retirees.
Official website here: www.ajbid.org
What is the revenue of Association Of Retirees Of The Inter- American Development Bank?
Association Of Retirees Of The Inter- American Development Bank's revenue in 2024 was $293,148.
Official website here: www.ajbid.org
Who are the executives of Association Of Retirees Of The Inter- American Development Bank and what are their salaries?
The average compensation at Association Of Retirees Of The Inter- American Development Bank during 2024 was $98,324. There is 1 employee and 42 volunteers at Association Of Retirees Of The Inter- American Development Bank.
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Official website here: www.ajbid.org
Where can I find the form 990 for Association Of Retirees Of The Inter- American Development Bank?
Association Of Retirees Of The Inter- American Development Bank's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ajbid.org
Learn more at the official website: www.ajbid.org
Mission Statement of Association Of Retirees Of The Inter- American Development Bank
The Association of Retirees of the Inter-American Development Bank serves as an advocate for its members, advocating for their rights and interests before the Inter-American Development Bank and other relevant organizations. Beyond this role, the association also organizes social, fraternal, educational, humanitarian, and other activities that contribute to the wellbeing of its members. This organization provides a platform for retirees worldwide to connect and engage, offering opportunities for social events and sharing information on benefits and advocacy. During 2022, the association conducted an extensive online survey to gauge member satisfaction, published newsletters, modernized its website, and ensured the correct application of cost of living adjustments for retirees' pensions. These efforts demonstrate the association's commitment to serving its members effectively and ensuring their benefits are protected.
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Impact
October, 2024
The Association of Retirees of the Inter-American Development Bank (IDB) plays a vital role in advocating for the rights and interests of its members, primarily retirees of the IDB. In 2022, the association demonstrated its effectiveness by conducting a comprehensive online survey, achieving a remarkable response rate of 70%. This feedback revealed a high overall satisfaction level of 85% among members, highlighting the value placed on connection, information, advocacy, and social opportunities.
The association published a record 12 newsletters, ensuring timely communication of important information, and created a detailed advanced planning handbook to assist members and their families during bereavement. By modernizing its website, the association improved accessibility and showcased membership benefits, fostering an inclusive community.
Significantly, the association took proactive measures to safeguard pension rights, engaging legal counsel and IDB management to address cost-of-living adjustments. As a result, all international retirees received a 100% cost-of-living adjustment for their pensions in 2022, preserving the real value of their benefits. This effort not only directly impacted the financial security of retirees but also reinforced the association's commitment to long-term advocacy and support. Overall, the Association of Retirees of the Inter-American Development Bank enriches the lives of its members through advocacy, communication, and community-building activities.
This information is meant to be a general summary of Association Of Retirees Of The Inter- American Development Bank. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $29,514
- Gross Receipts: $293,148
Assets and Liabilities:
- Total Assets: $514,283
- Total Liabilities: $1,463
- Net Assets: $512,820
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Organization Details
Founding Year
1979
Principal Officer
Claudia Franco
Website
www.ajbid.orgNTEE Category
Code: P81 - Human services
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