Great Lakes Women's Business Council

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

EIN: 382571135 ✦ Livonia, MI ✦ Designated as a 501(c)(3)

Overview

What is Great Lakes Women's Business Council?

The Great Lakes Women's Business Council is a nonprofit organization headquartered in Livonia, Michigan. Their primary mission is to support the economic empowerment of women and minorities through business development. They achieve this by providing training, vendor certification, networking opportunities, and assistance with accessing capital. The organization's loan program, primarily funded by the SBA and local government, offers small business loans to start-ups and existing business owners in southeastern Michigan. The Great Lakes Women's Business Council aims to remove barriers and equip entrepreneurs with effective business tools, ultimately fostering the growth of successful, sustainable businesses and strengthening the local community by leveraging resources. The organization employs around 20 individuals.


Official website here: www.greatlakeswbc.org

Is Great Lakes Women's Business Council legitimate?

Great Lakes Women's Business Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Lakes Women's Business Council 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: $271,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,159,855

For more financial information, click here


Official website here: www.greatlakeswbc.org

What is the mission statement of Great Lakes Women's Business Council?

The Great Lakes Women's Business Council is dedicated to empowering women and minorities economically through various means. Their mission involves providing business development training, vendor certification, business-to-business networking, and access to capital assistance programs. The council aims to equip individuals with effective business tools and eliminate barriers that hinder the growth of successful, sustainable businesses. By doing so, they strengthen the community by fostering partnerships and leveraging resources that increase business growth opportunities.


Official website here: www.greatlakeswbc.org

Who is the CEO of Great Lakes Women's Business Council?

Michelle Richards is the Director of Great Lakes Women's Business Council.


Official website here: www.greatlakeswbc.org

What is the revenue of Great Lakes Women's Business Council?

Great Lakes Women's Business Council's revenue in 2022 was $2,702,361.


Official website here: www.greatlakeswbc.org

Who are the executives of Great Lakes Women's Business Council and what are their salaries?

The average compensation at Great Lakes Women's Business Council during 2022 was $71,580. There are 20 employees and 57 volunteers at Great Lakes Women's Business Council.

Here are 20 key members and their salaries:

    Michelle Richards (Executive Director)
  • Compensation: $203,099
  • Related: $0
  • Other: $46,397

    • Alfred A Patrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Henderson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • April Diez Left April 2022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bashar Cholagh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Booms-Pepin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Rae Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Woodstock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Line Left April 2022 (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaspreet Singh Left April 2022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Rakolta (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Perenic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Roshunda Price (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Osterland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Joshua Left July 2021 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Bos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karin Cozzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamara Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Aristeo Martinelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.greatlakeswbc.org

    Where can I find the form 990 for Great Lakes Women's Business Council?

    The Great Lakes Women's Business Council’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.greatlakeswbc.org

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

    Mission Statement of Great Lakes Women's Business Council

    The Great Lakes Women's Business Council is dedicated to empowering women and minorities economically by facilitating business development. This nonprofit organization achieves this goal through various means, including providing business development training, vendor certification, and networking opportunities. They also offer assistance in accessing capital programs, ensuring that the tools needed for successful, sustainable businesses are readily available. By removing barriers that often hinder growth, the Great Lakes Women's Business Council strengthens the community by fostering partnerships and leveraging resources, ultimately increasing business growth opportunities.

    Impact

    This information is meant to be a general summary of Great Lakes Women's Business Council. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Great Lakes Women's Business Council empowers women and minorities economically through business development training, vendor certification, business-to-business networking, and access to capital assistance programs. By providing effective business tools and removing barriers that hinder the development of successful, sustainable businesses, they strengthen the community by building partnerships and leveraging resources to increase business growth opportunities. Through their loan program, they provide small business loans to start-up and existing business owners in southeastern Michigan, with a focus on addressing the needs of low-income, minority, and women business owners. Their impact is evident in their commitment to fostering economic empowerment and promoting diversity in entrepreneurship, ultimately contributing to community improvement.





    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: $819,617
  • Gross Receipts: $2,702,361

    • Assets and Liabilities:
  • Total Assets: $4,549,211
  • Total Liabilities: $2,194,199
  • Net Assets: $2,355,012
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    WOMENS BUS. CERTIFICAT

    Revenue

    $764,375

    LOAN PORTFOLIO INTERES

    Revenue

    $48,232

    LOAN PROCESSING AND PR

    Revenue

    $4,489

    WORKSHOPS & BUS. DEV C

    Revenue

    $2,521

    Organization Details

    Founding Year

    1984

    Principal Officer

    Michelle Richards

    Main Address

    33109 SCHOOLCRAFT ROAD, LIVONIA, MI, 48150

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Great Lakes Women's Business Council 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.