IBERO-AMERICAN DEVELOPMENT CORPORATION
AI Summary
The Ibero-American Development Corporation, based in Rochester, NY, is dedicated to alleviating the hardships faced by low and moderate-income individuals and families by providing housing and managing social and recreational facilities. With an operating budget of $1.2 million and total revenue of $1 million for the filing year 2025, the organization collaborates with third parties to refurbish and market homes to eligible buyers in the local area. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.iadconline.org.
Mission Statement
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.
Cause Areas
1
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is IBERO-AMERICAN DEVELOPMENT CORPORATION’s budget?
In 2025, IBERO-AMERICAN DEVELOPMENT CORPORATION reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does IBERO-AMERICAN DEVELOPMENT CORPORATION support?
IBERO-AMERICAN DEVELOPMENT CORPORATION supports work in Housing development.
Where does IBERO-AMERICAN DEVELOPMENT CORPORATION operate?
IBERO-AMERICAN DEVELOPMENT CORPORATION is headquartered in Rochester, NY.
Who funded IBERO-AMERICAN DEVELOPMENT CORPORATION recently?
In 2025, IBERO-AMERICAN DEVELOPMENT CORPORATION received grants from ROCHESTER AREA COMMUNITY FOUNDATION, GREATER ROCHESTER HEALTH FOUNDATION, and ROCHESTER AREA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant IBERO-AMERICAN DEVELOPMENT CORPORATION received in 2024?
The largest grant to IBERO-AMERICAN DEVELOPMENT CORPORATION in 2024 exceeds $35 thousand.
What is IBERO-AMERICAN DEVELOPMENT CORPORATION’s reliance on government grants?
IBERO-AMERICAN DEVELOPMENT CORPORATION relied on government grants for more than 5% of their total revenue in 2025.