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Intercountry Adoption Accreditation And Maintenance Entity Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822436077 ✦ Gainesville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Intercountry Adoption Accreditation And Maintenance Entity Inc?

Intercountry Adoption Accreditation and Maintenance Entity Inc., a 501(c)(3) organization located in Gainesville, Florida, is dedicated to ensuring the ethical conduct of intercountry adoptions. Operated by professionals with extensive experience in child welfare services and regulations, the entity accredits, approves, monitors, and oversees adoption service providers involved in intercountry adoptions. Their mission is to guarantee non-exploitative, transparent, and ethical adoption processes in compliance with existing laws and regulations, safeguarding the best interests of children and families. With a team of 15 employees, Intercountry Adoption Accreditation and Maintenance Entity Inc. plays a crucial role in maintaining the integrity and accountability of intercountry adoptions.


Official website here: www.iaame.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Intercountry Adoption Accreditation and Maintenance Entity Inc has received a Two-Star rating, indicating a need for improvement in specific areas despite strong performance in accountability and finance. The organization scored a perfect 100% in both accountability and financial management metrics, including having a fully independent board and a low liabilities to assets ratio, which suggests solid financial health.

However, the nonprofit faces significant limitations in transparency, as evidenced by a lack of financial statements and missing policies for whistleblower protection and document retention. Additionally, the organization has not posted its tax form on its website, which can hinder accountability to stakeholders. While the program expense ratio of 77.56% indicates a strong focus on mission-related activities, the absence of critical governance documents raises concerns about overall organizational practices.

Overall, while the Intercountry Adoption Accreditation and Maintenance Entity Inc demonstrates strengths in financial accountability, it must address its transparency issues to improve its rating and better serve its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Intercountry Adoption Accreditation And Maintenance Entity Inc legitimate?

Intercountry Adoption Accreditation And Maintenance Entity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intercountry Adoption Accreditation And Maintenance Entity Inc 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:

Executive Compensation: $112,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $697,543

For more financial information, click here


Official website here: www.iaame.net

What is the mission statement of Intercountry Adoption Accreditation And Maintenance Entity Inc?

Intercountry Adoption Accreditation and Maintenance Entity Inc, as a 501(c)(3) organization, is committed to ensuring that intercountry adoptions are conducted ethically, transparently, and in the best interests of children and families. Their mission is to accredit, approve, monitor, and oversee adoption service providers providing intercountry adoption services, adhering to regulations, statutes, and requirements. IAAME operates with a team of professionals experienced in child welfare services, administering child welfare standards, contracting, licensing, monitoring, and domestic adoption services, all with the aim of promoting non-exploitative intercountry adoption practices.


Official website here: www.iaame.net

Who is the CEO of Intercountry Adoption Accreditation And Maintenance Entity Inc?

Kim Loughe is the Director of Intercountry Adoption Accreditation And Maintenance Entity Inc. The CEO's salary of Intercountry Adoption Accreditation And Maintenance Entity Inc is $85,112 and their total compensation is $102,602.


Official website here: www.iaame.net

What is the revenue of Intercountry Adoption Accreditation And Maintenance Entity Inc?

Intercountry Adoption Accreditation And Maintenance Entity Inc's revenue in 2022 was $1,484,027.


Official website here: www.iaame.net

Who are the executives of Intercountry Adoption Accreditation And Maintenance Entity Inc and what are their salaries?

The average compensation at Intercountry Adoption Accreditation And Maintenance Entity Inc during 2022 was $53,985. There are 15 employees and 8 volunteers at Intercountry Adoption Accreditation And Maintenance Entity Inc.


Here are 13 key members and their salaries (Intercountry Adoption Accreditation And Maintenance Entity Inc's CEO's salary is $85,112 and their total compensation is $102,602):


Andrea Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Beverly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Peddie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Polifko (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Brighton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bowie (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Pennypacker (President/Ceo)
  • Compensation: $0
  • Related: $204,940
  • Other: $34,770
Dr Holly Grant-Marsney (Director - Start 12/6/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lt Col Jayme Hansen (Director - Start 6/6/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Schroth (Chief Legal Officer)
  • Compensation: $0
  • Related: $80,942
  • Other: $13,032
Kim Loughe (President/Ceo)
  • Compensation: $85,112
  • Related: $0
  • Other: $17,490
Michael Reneke (Cfo)
  • Compensation: $0
  • Related: $146,800
  • Other: $24,789


Official website here: www.iaame.net

Where can I find the form 990 for Intercountry Adoption Accreditation And Maintenance Entity Inc?

Intercountry Adoption Accreditation And Maintenance Entity Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iaame.net

Learn more at the official website: www.iaame.net

Mission Statement of Intercountry Adoption Accreditation And Maintenance Entity Inc

Intercountry Adoption Accreditation and Maintenance Entity, often referred to as IAAME, is a nonprofit organization dedicated to the accreditation, approval, monitoring, and oversight of adoption service providers engaged in intercountry adoption services. Its primary mission is to ensure that these adoptions are carried out in a manner that is non-exploitative, transparent, and ethical, adhering to existing regulations, statutes, and requirements. This is all done with the best interests of children and families in mind.

Established as a 501(c)(3) organization, IAAME is operated by professionals with extensive experience in child welfare services, administering child welfare standards, contracting, licensing, monitoring, and domestic adoption services. The organization's primary goal is to maintain the highest ethical and legal standards in intercountry adoptions, protecting the rights and well-being of both children and families involved in these processes. By doing so, IAAME aims to promote safe, secure, and responsible intercountry adoptions, ensuring that they align with the best interests of all parties involved.

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Impact




July, 2024

Intercountry Adoption Accreditation And Maintenance Entity Inc's impact lies in ensuring that intercountry adoptions are conducted in a non-exploitative, transparent, and ethical manner while conforming with existing regulations, statutes, and requirements. By accrediting, approving, monitoring, and overseeing adoption service providers that offer intercountry adoption services, IAAME plays a crucial role in safeguarding the best interests of children and families involved in the adoption process. With a mission focused on promoting ethical practices and child welfare standards, IAAME contributes to the protection and well-being of vulnerable populations within the realm of intercountry adoption.




This information is meant to be a general summary of Intercountry Adoption Accreditation And Maintenance Entity Inc. 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.

Revenue
$1,484,027 (2022)
Expenses
$1,494,133 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,335,533
  • Gross Receipts: $1,484,027

Assets and Liabilities:

  • Total Assets: $982,142
  • Total Liabilities: $248,453
  • Net Assets: $733,689

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MAINTENANCE FEE INCOME

Revenue

$1,064,000

ACCREDITATION FEE INCO

Revenue

$244,333

APPLICATION FEE INCOME

Revenue

$27,200

Organization Details

Founding Year

2017

Principal Officer

Kim Loughe

Main Address

5950 NW 1ST PL, GAINESVILLE, FL, 326076060

NTEE Category

Code: P31 - Human services

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