irs program accomplishments · form 990 part iii · fy2019
What they reported doing
- #1 primary $320KCOMMUNITY DEVELOPMENT CORPORATION (CDC) - IADC, AS A CDC ORGANIZES RESIDENTS TO ASSIST THEM IN STABILIZING THEIR COMMUNITIES AND FAMILIES.
- #2 $408KAFFORDABLE HOUSING ISSUES - SALES AND REHABILITATION OF HOUSES PRIMARILY IN THE CITY OF ROCHESTER AND EDUCATION OF LOW INCOME HOME BUYERS.
named programs · 6 · from sources
What they call their work
Alta Vista at St. Joseph's Park
Provides affordable one- and two-bedroom apartments and townhouses in downtown Rochester with inclusive rent covering utilities, internet, and access to public transit.
El Camino Revitalization Plan
A community-driven initiative to improve the El Camino neighborhood in Northeast Rochester through strategic planning, resident engagement, and coordinated development projects including housing, parks, and commercial spaces.
First-Time Homebuyer Education
Offers education classes in English and Spanish to prepare low-income individuals for homeownership, including guidance on mortgage pre-approval and access to closing cost assistance.
Property Management
Manages over 150,000 square feet of residential and commercial properties, including those owned by IADC and affiliated organizations, with services spanning maintenance, inspections, and tenant support.
Pueblo Nuevo Housing
Develops and manages affordable rental units across multiple sites in Northeast Rochester, offering 1–3 bedroom apartments and townhouses to low- and moderate-income tenants.
Real Estate Services
Provides real estate brokerage services focused on rehabilitating and selling homes to first-time homebuyers, operating under a New York State broker’s license since 1999.
activities · 6 groups
What they do
-
Neighborhood Revitalization Initiatives 1 activity
- Community development and neighborhood revitalization initiativesLeads revitalization efforts in the North Clinton Avenue corridor and El Camino neighborhood, including major investments in properties like Pueblo Nuevo Housing, Los Flamboyanes, and International Plaza; established Conkey Corner Park in 2008 as a community gathering space.
-
-
Neighborhood Civic Engagement 1 activity
- Community organizing and participatory planningOrganizes residents in the Rochester, NY area to stabilize communities and families; facilitated a community-led vision planning process from 2015 to 2016 that resulted in a published neighborhood vision plan for the El Camino neighborhood.
-
-
Affordable Home Construction & Rehabilitation 1 activity
- Development and rehabilitation of affordable housingConstructs and rehabilitates high-quality, energy-efficient affordable housing units for low- and moderate-income homebuyers; has developed and sold hundreds of vacant houses and completed projects such as 50 units on Conkey Avenue in the El Camino neighborhood.
-
-
Community Health Equity Initiatives 1 activity
- Health and well-being initiativesWorks with residents to improve community health and well-being through programs such as Project HOPE, integrated within broader community development efforts.
-
-
First-Time Homebuyer Support Services 1 activity
- Homeownership support and education programsProvides education to low-income homebuyers and facilitates access to up to $6,000 in closing cost assistance through the City of Rochester for eligible first-time homebuyers, supporting both rehabilitated and open-market home purchases.
-
-
Affordable Housing Development and Management 1 activity
- Management of residential and commercial propertiesManages over 150,000 square feet of mixed-use space, including rental housing with 1-, 2-, and 3-bedroom units and commercial properties that house services for the Latino community; operates properties such as Buena Vista Manor and develops mixed-use spaces like International Plaza and Tailor Square.
-
financials · form 990 · fy2024
revenue
Total revenue$1.05M
Contributions & grants$179K17%
Program service revenue$838K80%
Investment income$33K3%
Other revenue$0
expenses
Total expenses$1.20M
Program expenses92%
Admin / overhead8%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$6.90M
Cash$132K
Investments$717K
Liabilities$3.79M
Net assets$3.11M
Liquid reserves8.5 mo
6 years on record · 2019–2024 · YoY revenue -30.3%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| ANGELICA PEREZ-DELGADO | PRES & CEO IAAL | 2 | $172K |
| EUGENIO MARLIN | EXECUTIVE VICE PRESIDENT | 44 | $125K |
board members · 7
- ARLINE SANTIAGO — TREASURER
- EMETERIO PETE OTERO PHD — BOARD MEMBER
- EUGENIO COTTO JR — BOARD MEMBER
- IRENE SANCHEZ — BOARD MEMBER
- JOSE ROSARIO — CHAIRMAN
- MARCOS A SANTIAGO — SECRETARY
- VICTOR SANCHEZ — BOARD MEMBER
relationships · 12
Who they work with
- City of Rochester Government — Partner in providing closing cost assistance to eligible homebuyers.
- Community Design Center Rochester Partner — Collaborated with IADC on the development of the 2016 and 2026 El Camino Revitalization Plans.
- Community Design Center Rochester Partner — Partnered with IADC to develop the El Camino Vision Plan and the 2026 El Camino Revitalization Plan.
- Don Samuel Torres Park Partner — Coordinated community development project linked to Pueblo Nuevo housing initiative.
- El Camino Neighborhood Association Partner — Collaborated with IADC on the release of the 2026 El Camino Revitalization Plan.
- El Camino Neighborhood Association Partner — Partnered with IADC and Community Design Center Rochester on the release of the 2026 El Camino Revitalization Plan.
- Ibero-American Action League, Inc. Partner — IADC provides property management services for properties owned by Ibero-American Action League, Inc. and its subsidiary housing corporations.
- Ibero-American Action League, Inc. Partner — Original affiliate and ongoing partner for property development and management
- La Marketa at the International Plaza Partner — Coordinated community development project linked to Pueblo Nuevo housing initiative.
- Project HOPE Partner — Collaborative initiative with residents to improve neighborhood conditions
- Third-parties Partner — Collaborates with third parties to identify, refurbish or build, and market homes to eligible purchasers in the Rochester, NY area.
- U.S. Department of Housing and Urban Development Government — Designated IADC as a Community Housing Development Organization under the HOME program
strategies · 4
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Community Development Corporation Modelmethodology: community_development_corporation_modelBy operating as a nonprofit real estate developer and service provider, we produce affordable housing and social infrastructure for low- and moderate-income families because dedicated mission-driven management ensures long-term community benefit over profit.
- Community-Driven Developmentmethodology: community-driven_developmentBy engaging residents as active partners in planning and decision-making, we produce more effective and sustainable neighborhood improvements because local knowledge and ownership increase project relevance, community buy-in, and long-term impact.
- Integrated Community Revitalizationmethodology: integrated_community_developmentBy combining affordable housing development with improvements to public spaces, safety, and community assets, we produce broader neighborhood transformation because housing and community infrastructure are mutually reinforcing drivers of well-being.
- Third-Party Partnership in Housing Rehabilitationmethodology: third-party-partnership-housing-rehabilitationBy partnering with external organizations to identify, refurbish, and market homes, we produce more efficient and scalable homeownership opportunities because shared resources and expertise lower development costs and expand capacity.