Overview
What is Wisconsin Womens Business Initiative Corporation?
The Wisconsin Women's Business Initiative Corporation, located in Milwaukee, Wisconsin, is a nonprofit organization that focuses on economic development. They achieve this by offering access to capital through direct lending, providing one-on-one business assistance, and delivering business education, all with a particular emphasis on supporting women, people of color, lower income individuals, and veterans. In fiscal year 2022, they successfully closed 109 loans, totaling $8,271,667 in small business and microloan products. The organization's mission is to empower these underrepresented groups by offering asset building financial awareness education, contributing to their overall growth and success.
Official website here: www.wwbic.com
Is Wisconsin Womens Business Initiative Corporation legitimate?
Wisconsin Womens Business Initiative Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Womens Business Initiative Corporation 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: $388,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,659,946
For more financial information, click here
Official website here: www.wwbic.com
What is the mission statement of Wisconsin Womens Business Initiative Corporation?
The Wisconsin Women's Business Initiative Corporation is committed to fostering economic development. They achieve this by providing various services, including direct lending, one-on-one business assistance, business education, and asset building financial awareness education. The corporation places a significant emphasis on supporting women, people of color, individuals with lower incomes, and veterans. In FY 2022, they closed 109 loans totaling $8,271,667 in small business and microloan products, further demonstrating their dedication to financial empowerment.
Official website here: www.wwbic.com
Who is the CEO of Wisconsin Womens Business Initiative Corporation?
Wendy K Baumann is the Chairperson of Wisconsin Womens Business Initiative Corporation.
Official website here: www.wwbic.com
What is the revenue of Wisconsin Womens Business Initiative Corporation?
Wisconsin Womens Business Initiative Corporation's revenue in 2022 was $9,606,906.
Official website here: www.wwbic.com
Who are the executives of Wisconsin Womens Business Initiative Corporation and what are their salaries?
The average compensation at Wisconsin Womens Business Initiative Corporation during 2022 was $40,895. There are 99 employees and 300 volunteers at Wisconsin Womens Business Initiative Corporation.
Here are 17 key members and their salaries:
- Wendy K Baumann (President) [Trustee/Director]
- Kimberly Zeuli (Small Business Finance Forward Project Manager)
- Jon Gaines (Vp Business And Finance)
- Kamaljit Jackson (Vp Programs And Operations)
- Christina Knudsen (Vp Development And Communications)
- Heather Lux (Regional Director - Se)
- Steve Saloutos (Chairperson) [Trustee/Director]
- Johnny L Moutry Jr (Vice Chair & Secretary) [Trustee/Director]
- Kathryn Andrea (Treasurer) [Trustee/Director]
- Lorissa R Banuelos (Director)
- William Coleman (Director)
- Kate Hill (Director)
- Lisa Johnson (Director)
- Michael Mcdonagh (Director)
- Kip Ritchie (Director)
- John M Stewart (Director)
- Karin Gale (Director)
Official website here: www.wwbic.com
Where can I find the form 990 for Wisconsin Womens Business Initiative Corporation?
The Wisconsin Womens Business Initiative Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.wwbic.com
Learn more at the official website: www.wwbic.com
Mission Statement of Wisconsin Womens Business Initiative Corporation
Wisconsin Women's Business Initiative Corporation is dedicated to promoting economic development primarily by providing access to capital, offering one-on-one business assistance, and delivering business education. With a special focus on women, people of color, lower income individuals, and veterans, the corporation also offers asset building financial awareness education. Their mission is to empower these groups by offering financial resources and personalized business guidance, aiming to foster entrepreneurial growth and financial stability. In the fiscal year 2022, the corporation successfully closed 109 loans, totaling $8,271,667 in small business and microloan products, demonstrating their commitment to supporting the economic development of their target communities.
Impact
This information is meant to be a general summary of Wisconsin Womens Business Initiative Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Wisconsin Womens Business Initiative Corporation's impact is clear and significant. In FY 2022, WWBIC closed on 109 loans totaling $8,271,667 in small business and microloan products. By providing access to capital, individualized business assistance, business education, and financial awareness education, WWBIC plays a crucial role in fostering economic development for women, people of color, lower incomes, and veterans in Milwaukee, Wisconsin. This organization's efforts contribute directly to the empowerment and growth of underserved communities, creating pathways for entrepreneurship and financial stability.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEES
Revenue
$1,914,187
LOAN FEES
Revenue
$199,841
TRAINING FEES
Revenue
$15,329
Organization Details
Founding Year
1987
Phone
(414) 263-5450
Principal Officer
Wendy K Baumann
Main Address
1533 N RIVERCENTER DRIVE, MILWAUKEE, WI, 53212
Website
www.wwbic.com
If you are a representative of Wisconsin Womens Business Initiative Corporation 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.