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Washington State Microenterprise As

Wsma

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300434103 ✦ Olympia, WA ✦ Designated as a 501(c)(3)

Overview

What is Washington State Microenterprise As?

Washington State Microenterprise As, also known as WSMA, is a nonprofit organization located in Olympia, Washington. Their primary purpose is to bolster the capacities and networks of Microenterprise Development Organizations (MDOs) that support small businesses with five or fewer employees across Washington State. By doing so, they aim to strengthen the economic development systems that foster the growth of robust and effective MDOs. WSMA achieves this goal by building a coalition of organizations, agencies, and individuals, as well as providing grants and capacity-building resources. The organization, with a small team of three employees, plays a significant role in supporting the growth and success of microenterprises in Washington State.


Official website here: www.wamicrobiz.org

Is Washington State Microenterprise As legitimate?

Washington State Microenterprise As is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington State Microenterprise As submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $110,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,269

For more financial information, click here


Official website here: www.wamicrobiz.org

What is the mission statement of Washington State Microenterprise As?

Washington State Microenterprise As has a mission to strengthen the economic development systems that foster the growth of robust and effective microenterprise development organizations. This is achieved by building a coalition of organizations, agencies, and individuals. The organization provides capacity building, networking opportunities, and grants to Microenterprise Development Organizations (MDOs) that support businesses with five or fewer employees across Washington State, aiming to support the growth of these small businesses.


Official website here: www.wamicrobiz.org

Who is the CEO of Washington State Microenterprise As?

Lisa Smith is the Executive Director of Washington State Microenterprise As.


Official website here: www.wamicrobiz.org

What is the revenue of Washington State Microenterprise As?

Washington State Microenterprise As's revenue in 2022 was $821,289.


Official website here: www.wamicrobiz.org

Who are the executives of Washington State Microenterprise As and what are their salaries?

The average compensation at Washington State Microenterprise As during 2022 was $58,866. There are 3 employees and 15 volunteers at Washington State Microenterprise As.

Here are 4 key members and their salaries:

    Lisa Smith (Executive Director)
  • Compensation: $110,328
  • Related: $0
  • Other: $0

    • Jim Keogh (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Gilbreath (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice Fejarang (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wamicrobiz.org

    Where can I find the form 990 for Washington State Microenterprise As?

    The Washington State Microenterprise As’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wamicrobiz.org

    Learn more at the official website: www.wamicrobiz.org

    Mission Statement of Washington State Microenterprise As

    Washington State Microenterprise As, in its mission, aims to reinforce the economic development systems that foster the growth of robust and efficient microenterprise development organizations. This is accomplished by building a coalition of various organizations, agencies, and individuals to collaborate and support these organizations. The primary objective is to bolster the capabilities and effectiveness of Microenterprise Development Organizations (MDOs) that cater to businesses with a maximum of five employees across Washington State. The organization provides capacity building, networking opportunities, and grants to these MDOs, thereby contributing to the overall economic development of the state.

    Impact

    This information is meant to be a general summary of Washington State Microenterprise As. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Washington State Microenterprise Association's impact includes strengthening economic development systems that support the growth of strong and effective microenterprise development organizations. Through building a coalition of organizations, agencies, and individuals, the organization provides capacity building, networking, and grants to microenterprise development organizations (MDOs) that support businesses with five or fewer employees throughout Washington State. Their efforts have a direct impact on improving economic opportunities and community improvement by supporting small businesses and entrepreneurs in the state.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $821,289

    • Assets and Liabilities:
  • Total Assets: $30,450
  • Total Liabilities: $12,255
  • Net Assets: $18,195
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Lisa Smith

    Main Address

    PO BOX 1914, OLYMPIA, WA, 985071914

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Washington State Microenterprise As and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.