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)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 901,953 | 785,479 | 996,765 | 1,072,220 | 1,331,085 | 5,087,502 |
| 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 | 1,328,679 | 1,471,155 | 1,536,121 | 1,677,905 | 1,809,053 | 7,822,913 |
| 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 | 2,230,632 | 2,256,634 | 2,532,886 | 2,750,125 | 3,140,138 | 12,910,415 |
| 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.) | 12,910,415 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 2,230,632 | 2,256,634 | 2,532,886 | 2,750,125 | 3,140,138 | 12,910,415 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 24,146 | 34,926 | 24,598 | 33,023 | 41,776 | 158,469 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 24,146 | 34,926 | 24,598 | 33,023 | 41,776 | 158,469 |
| 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.).. | 2,254,778 | 2,291,560 | 2,557,484 | 2,783,148 | 3,181,914 | 13,068,884 |
| 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 2024 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-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, 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 2024. 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 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| 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 NY DMV") HOLDS EDUCATIONAL SEMINARS & WORKSHOPS FOR WOMEN- OWNED BUSINESSES IN THE PRIVATE SECTOR TO PROMOTE THE DEVELOPMENT OF EQUAL OPPORTUNITIES AND NEW MARKETS. EACH YEAR, WBEC NY DMV HOLDS WEEKLY AND MONTHLY EDUCATIONAL SEMINARS & WORKSHOPS IN THE DMV REGION SERVING APPROXIMATELY 3,500 ATTENDEES. WBEC NY DMV 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 CONTINUED 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 AMPLIFY PROGRAM WAS EXPANDED TO AMPLIFY LATINA FOR LATINA BUSINESS OWNERS. 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. THE ORGANIZATION ALSO OFFERED A VIRTUAL MATCHMAKING PROGRAM FOR BUSINESS OWNERS TO MEET ONE-ON-ONE WITH CORPROATE BUYERS. ALSO OFFERED IS A ONE PAGE BUSINESS PLAN PROGRAM WHERE BUSINESS OWNERS CREATED A ONE PAGE ACTIONABLE PLAN FOR THEIR BUSINESSES THAT THEY COULD SHARE THROUGHOUT THEIR COMPANIES. THE ORGANIZATION ALSO OFFERED A CYBERSECURITY INTENSIVE PROGRAM TO HELP BUSINESS OWNERS ENHANCE THEIR CYBERSECURITY AWARENESS OF POTENTIAL RISKS TO THEIR BUSINESSES, HELP DEVELOP GOOD CYBER HYGIENE BUSINESS PRACTICES, COMPLETE A CYBERSECURITY ASSESSMENT OF THEIR BUSINESS. |
| FORM 990, PAGE 6, PART VI, LINE 9 | NANCY GEENAN C/O FLEXABILITY LLC WASHINGTON, DC 20003 I. JAVETTE HINES CITIGROUP 111 WALL ST, 6TH FL NEW YORK, NY 10005 MARY MCEVOY 700 ANDERSON HILL ROAD PURCHASE, NY 10577 ROBERT KHAN C/O AARP WASHINGTON, DC 20049 REUBEN ESSANDOH C/O CAPITAL ONE, 701 ROUTE 46 EAST FAIRFIELD, NJ 07004 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 (END 8/24) C/O PARAMOUNT, 1515 BROADWAY NEW YORK, NY 10036 MIRIAMA O DAVIS C/O EY, 15990 KRUHM RD BURTONSVILLE, MD 20866 JON SUBER (END 10/24) C/O MASSMUTUAL, 1295 STATE ST SPRINGFIELD, MA 01111 ELISABETE MIRANDA (END 2/24) C/O CQ FLUENCY, 2 UNIVERSITY PLAZA D HACKENSACK, NJ 07601 AVIS YATES RIVERS C/O TECHNOLOGY CONCEPTS GROUP INTL, ISELIN, NJ 08830 CHARLENE VICKERS C/O JOHNSON & JOHNSON, 199 GRANDVIEW SKILLMAN, NJ 08558 JENNIFER COLLINS C/O JDC EVENTS, 8720 GEORGIA AVE SILVER SPRING, MD 20910 JEANINE PEDOTO (END 9/24) C/O PRUDENTIAL FINANCIAL NEWARK, NJ 07102 LYNN MARIE FINN C/O BROADLEAF RESULTS INC WILLIAMSVILLE, NY 14221 KIMBERLY AYERS C/O AARP, 601 E STREET NW WASHINGTON, DC 20049 SUSAN FEINER C/O FIS GLOBAL, 601 RIVERSIDE AVE JACKSONVILLE, FL 32204 WENDY WELLENER C/O DOMINION ENERGY RICHMOND, VA 23219 CHERYL HOFMEISTER C/O ORGANON, 30 HUDSON ST JERSEY CITY, NJ 07302 MICHELLE BUONFIGLIO C/O JPMORGAN CHASE PLANO, TX 75024 DIANA DOMENECH (START 9/24) C/O ACCELERATE CONSULTING EXPERTS CRANFORD, NJ 07016 JESSICA LOZANO WILLIAMS (START12/24) C/O MASSMUTUAL, 1295 STATE STREET SPRINGFIELD, MA 01111 DOMINIQUE SELLERS (START 12/24) C/O PARAMOUNT, 1515 BROADWAY NEW YORK, NY 10036 RUPANDE MEHTA (START 12/24) C/O PRUDENTIAL, 100 MULBERRY STREET NEWARK, NJ 07012 RAQUEL HEFFERNAN (START 12/24) C/O FIS GLOBAL, 601 RIVERSIDE AVE JACKSONVILLE, FL 32204 |
| 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. |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE 1 |
| Software ID: | |
| Software Version: |