Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 824,076 | 869,126 | 1,146,264 | 901,953 | 785,479 | 4,526,898 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 993,428 | 1,218,138 | 1,303,725 | 1,328,679 | 1,471,155 | 6,315,125 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 1,817,504 | 2,087,264 | 2,449,989 | 2,230,632 | 2,256,634 | 10,842,023 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 10,842,023 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 1,817,504 | 2,087,264 | 2,449,989 | 2,230,632 | 2,256,634 | 10,842,023 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 22,579 | 23,428 | 24,600 | 24,146 | 34,926 | 129,679 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 22,579 | 23,428 | 24,600 | 24,146 | 34,926 | 129,679 |
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 1,840,083 | 2,110,692 | 2,474,589 | 2,254,778 | 2,291,560 | 10,971,702 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2021 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2022. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 1, PART I, LINE 6 | VOLUNTEERS CONDUCT SITE VISITS AND SERVE ON THE CERTIFICATION AND APPEALS COMMITTEES. |
| FORM 990, PAGE 2, PART III, LINE 4A | THE ORGANIZATION ("WBEC")HOLDS EDUCATIONAL SEMINARS & WORKSHOPS FOR WOMEN- OWNED BUSINESSES IN THE PRIVATE SECTOR TO PROMOTE THE DEVELOPMENT OF EQUAL OPPORTUNITIES AND NEW MARKETS. AS A RESULT OF THE PANDEMIC ALL PROGRAMS WERE DELIVERED VIRTUALLY. EACH YEAR, WBEC HOLDS WEEKLY AND MONTHLY EDUCATIONAL SEMINARS & WORKSHOPS IN THE DC REGION SERVING APPROXIMATELY 3,000 ATTENDEES. WBEC ALSO HELD WEEKLY AND MONTHLY SEMINARS/WORKSHOPS IN THE NEW YORK REGION SERVING APPROXIMATELY 4,000 ATTENDEES. THE ORGANIZATION CONTINUED TO OFFER THE SAGE ADVICE PROGRAM, SERVING 25 WOMEN IN START-UP AND YOUNG BUSINESS PHASES WHO NEED TO LEARN SKILLS AROUND BUDGETING, INSURANCE, SALES AND MARKETING, AND BUSINESS PLANNING. THE ORGANIZATION INTRODUCED THE AMPLIFY MASTERMIND PROGRAM FOR BLACK OWNED BUSINESES WHO NEED TO LEARN SKILLS AROUND BUDGETING, INSURANCE, SALES AND MARKETING AND BUSINESS PLANNING, THROUGH A CULTURAL LENSE. THE ORGANIZATION ALSO OFFERED A PROGRAM INTRODUCING BUSINESS OWNERS TO THE LANGUAGE OF SUSTAINABILITY AND HOW TO DOCUMENT AND COMMUNICATE THEIR EFFORTS AROUND SUSTAINABILITY TO THEIR BUSINESS STAKEHOLDERS. |
| FORM 990, PAGE 6, PART VI, LINE 9 | LYNN A. BOCCIO (TERM END AUG 2021) AVIS BUDGET GRP PO BOX 4319 HUNTINGTON, NY 11743 AVIS YATES RIVERS TECH. CONCEPTS GROUP, INTL SOMERSET, NJ 08873 LYNNE MARIE FINN SUPERIOR WORKFORCE 250 INTERNATIONAL WILLIAMSVILLE, NY 14221 JENNIFER COLLINS EVENT PLAN 7910 WOODMONT AVE310 BETHESDA, MD 20814 ELISEO ROJAS (TERM END AUGUST 2021) INTERPUBLIC GROUP 909 THIRD AVENUE NEW YORK, NY 10017 I. JAVETTE HINES CITIGROUP 111 WALL ST, 6TH FL NEW YORK, NY 10005 SUSAN FEINER CAPITAL ONE, 15000 CAPITAL ONE RICHMOND, VA 23238 JACQUELINE SMITH NEW KENT COATINGS, 6540 EMMAUS CHURC PROVIDENCE FORGE, VA 23140 MARY MCEVOY 700 ANDERSON HILL ROAD PURCHASE, NY 10577 ROSALIE STACKMAN EDSON (END AUG 2021 MEADOWS OFFICE INTERIORS NEW YORK, NY 10022 WENDY WELLENER C/O DOMINION ENERGY RICHMOND, VA 23219 DOMINICA GROOMS WILLIAMS (END AUG 21 C/O FREDDIE MAC VIENNA, VA 22180 KIMBERLY MARCUS C/O AARP WASHINGTON, DC 20049 JAMILLAH LAMB C/O CAPITAL ONE, 701 ROUTE 46 EAST FAIRFIELD, NJ 07004 CHARLENE VICKERS C/O JOHNSON & JOHNSON, 1 JOHNSON & J NEW BRUNSWICK, NJ 08933 JEANINE PEDOTO C/O PRUDENTIAL, 100 MULBERRY ST NEWARK, NJ 07102 ANN RAMAKUMARAN C/O AMPCUS INC 14900 CONFERENCE CTR CHANTILLY, VA 20151 WENDY SHEN 115 MOONACHIE AVE MOONACHIE, NJ 07074 SWATI SCANLON C/O NYLIFE INS, 5 MARY ELLEN DRIVE EDISON, NJ 08820 ROSE HATCHER C/O VIACOMCBS, 33 ASHLAND AVE WEST ORANGE, NJ 07052 MIRIAMA O DAVIS C/O EY, 15990 KRUHM RD BURTONSVILLE, MD 20866 CHARLES SPEARMAN C.O GUGGENHEIM PTRS NEW YORK, NY 10017 |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE EXECUTIVE COMMITTEE IS PROVIDED WITH A REVIEW CHECKLIST AND A COPY OF FORM 990 PRIOR TO FILING WITH IRS. IN ADDITION, THE ORGANIZATION'S TAX PREPARER IS AVAILABLE FOR QUESTIONS FROM ALL BOARD MEMBERS. A COPY IS ALSO PROVIDED TO THE ENTIRE GOVERNING BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ALL OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. IN ADDITION, BOARD MEMBERS ARE ASKED TO AFFIRMATIVELY CONFIRM THAT NO CONFLICTS EXISTED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION COMMITTEE IS A STANDING COMMITTEE OF THE BOARD. THE CHAIR OF THE GOVERNING BOARD IS ALSO THE CHAIR OF THE EXECUTIVE COMMITTEE AND THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEES RESPONSIBILITY IS TO DISCHARGE THE BOARDS RESPONSIBILITY FOR DETERMINING THE ADEQUACY AND REASONABLENESS OF COMPENSATION PAID TO THE PRESIDENT AND OTHER DISQUALIFIED PERSONS, IF ANY, UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE. THE COMPENSATION PROCESS FOR THE PRESIDENT/CEO IS AS FOLLOWS: THE ORGANIZATION ENGAGED A CONSULTING COMPANY SPECIALIZING IN EXECUTIVE COMPENSATION, TO ADVISE THE COMMITTEE AND PREPARE A REASONABLENESS OPINION CONCERNING THE PROPOSED COMPENSATION PACKAGE DEVELOPED BY THE COMMITTEE FOR THE PRESIDENT USING COMPARABLE DATA FOR EXECUTIVES IN COMPARABLE POSITIONS. THE PRESIDENT'S COMPENSATION WAS REVIEWED BY THE COMPENSATION COMMITTEE BASED UPON DISCUSSIONS AND CORRESPONDENCE BETWEEN MEMBERS OF THE ORGANIZATIONS EXECUTIVE COMPENSATION COMMITTEE AND THE CONSULTING COMPANY REGARDING MARKET TRENDS AND AVERAGE COMPENSATION WITHIN SIMILARLY SITUATED NONPROFIT ORGANIZATIONS. THE COMMITTEE DEVELOPED A PROPOSED COMPENSATION PACKAGE, THE CONSULTING COMPANY RENDERED A REASONABLENESS OPINION CONCERNING THE PROPOSED COMPENSATION, AND THE COMMITTEE APPROVED THE PACKAGE. NO PERSONS WITH A CONFLICT OF INTEREST WERE INVOLVED IN THE COMPENSATION PROCESS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE ORGANIZATION DOES NOT COMPENSATE ANY OF THE OFFICERS WHO SERVE IN A VOLUNTEER CAPACITY INCLUDING THE CHAIR, SECRETARY, OR TREASURER. THE ORGANIZATION COMPENSATES THE PRESIDENT/CEO AS EXPLAINED ON LINE 15A. THE ORGANIZATION ALSO COMPENSATES THE EXECUTIVE VICE PRESIDENT/CHIEF OPERATING OFFICER WHO REPORTS TO THE PRESIDENT/CEO. THE COMPENSATION COMMITTEE APPROVES COMPENSATION OF THE CEO (SEE LINE 15A) AND ANY DISQUALIFYING PERSONS. THE COMPENSATION PROCESS FOR THE EXEC VP AND COO IS SIMILAR TO THE PROCESS FOR DETERMINING THE CEO'S COMPENSATION. THE ORGANIZATION ENGAGED A CONSULTING COMPANY SPECIALIZING IN EXECUTIVE COMPENSATION, TO PREPARE AN ANNUAL COMPENSATION REVIEW INCLUDING COMPARABLE DATA FOR EXECUTIVES IN COMPARABLE POSITIONS. THE VP'S COMPENSATION WAS THEN REVIEWED BY THE COMPENSATION COMMITTEE BASED UPON THE COMPENSATION SURVEY AND A PROPOSED COMPENSATION PACKAGE WAS SUBMITTED TO THE VP'S SUPERVISOR. THE PRESIDENT IS RESPONSIBLE FOR DETERMINING THE COMPENSATION FOR ALL OTHER EMPLOYEES INCLUDING KEY EMPLOYEES. COMPENSATION FOR SUCH EMPLOYEES IS RECOMMENDED TO THE EXECUTIVE COMMITTEE FOR INCLUSION IN THE ANNUAL BUDGET TO BE APPROVED BY THE GOVERNING BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS ARE AVAILABE UPON REQUEST. |
| Software ID: | |
| Software Version: |