Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1991.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
22 people listed on the 990; $1.2M paid to officers and key staff.
Carmen Correa’s $304K as CEO is at the 60th percentile of top reported officer pay among 345 $10–100M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Maria Cavalcanti | — | — | $204,107 | $433,976 | $368,799 |
| Carmen Correa | — | $384,100 | $361,832 | $210,000 | — |
| Carmen Correa | $303,600 | — | — | — | — |
| Rolando Schmidt | $173,400 | $199,617 | $181,850 | $150,000 | — |
| Mauricio Viscarra | — | — | $170,230 | $187,310 | — |
| Alexandra Blanco Sejas | $179,403 | — | — | — | — |
| Maria Liliana Mor Gaviria | — | $170,028 | $152,686 | — | — |
| Maria Del Carmen Correa | — | — | — | — | $168,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers underserved women in Latin America with financial inclusion, health, and entrepreneurship skills.
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Financial Services
Since 1990, Pro Mujer has promoted financial inclusion among women who lack access to traditional financial institutions. Services include savings, loans, and insurance, with a focus on new products and knowledge sharing in gender and impact investing.
Entrepreneurship and Skilling
Pro Mujer facilitates the empowerment of women through programs that provide opportunities to strengthen skills in financial management, business planning, digital skills, and leadership. Pro Mujer is building a one-stop platform for women's economic empowerment in Latin America, leveraging philanthropic capital, technology, and…
Health and Well-Being
Pro Mujer provides access to low-cost, high-quality health services, including preventive health education, cancer screenings, lab tests, ultrasounds and dental care, in neighborhoods where women live and work.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $37.6M | $40.2M |
| InvestmentsLn 11–13 | $21.4M | $24.7M |
| Land, buildings, equipmentLn 10c | $4.2M | $5.1M |
| Total assetsLn 16 | $255.5M | $270.2M |
| LiabilitiesLn 26 | $206.4M | $230.2M |
| Net assetsLn 32 | $49.1M | $40.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $361K | $361K | ||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $791K | $791K | ||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $938K | $811K | $104K | $24K |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $16.4M | $14.0M | $2.0M | $530K |
| Pension plan contributionsLn 8 | $2.1M | $2.0M | $106K | $280 |
| Other employee benefitsLn 9 | $2.8M | $2.5M | $300K | $7K |
| Payroll taxesLn 10 | $15K | $13K | $2K | $392 |
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $330K | $330K | ||
| Accounting feesLn 11c | $1.8M | $1.4M | $366K | |
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $6.9M | $5.4M | $1.2M | $258K |
| Advertising and promotionLn 12 | $712K | $494K | $138K | $79K |
| Office expensesLn 13 | $754K | $679K | $71K | $4K |
| Information technologyLn 14 | $1.3M | $1.1M | $184K | $40K |
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $3.6M | $3.3M | $282K | |
| TravelLn 17 | $1.3M | $1.1M | $121K | $70K |
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $12.2M | $12.2M | ||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $1.7M | $1.5M | $181K | $3K |
| InsuranceLn 23 | $0 | |||
| Other expenses (24a–d)Ln 24 | $17.1M | $16.7M | $286K | $60K |
| All other expensesLn 24e | $2.4M | $2.1M | $214K | $47K |
| Total functional expensesLn 25 | $73.4M | $66.4M | $5.8M | $1.1M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $66.7M | $68.8M | −$2.1M | $39.2M | 990 PDF |
| FY2023 Viewing | $75.1M | $73.4M | $1.8M | $40.0M | 990 PDF |
| FY2022 | $73.8M | $59.0M | $14.8M | $49.1M | 990 PDF |
| FY2021 | $54.4M | $50.9M | $3.5M | $44.6M | 990 PDF |
| FY2020 | $46.5M | $46.0M | $531K | $40.8M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $75,116,159 across 12 lines filed
Part IX · Statement of functional expenses $73,358,588 across 31 lines filed
Part X · Balance sheet $270,187,060 assets, 24 lines filed
Part XI · Reconciliation of net assets $39,960,339 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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