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Womenventure

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

EIN: 411463426 ✦ St paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Womenventure?

Womenventure is a nonprofit organization that is committed to empowering women to achieve financial independence. Their mission revolves around helping women establish and grow profitable and sustainable businesses. By doing so, they aim to positively impact their communities. This nonprofit organization's activities are centered around equipping women with the necessary tools and resources to reach their economic goals.


Official website here: www.womenventure.org

Is Womenventure legitimate?

Womenventure is a legitimate nonprofit organization registered as a 501(c)(3) entity. Womenventure 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: $326,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,873,843

For more financial information, click here


Official website here: www.womenventure.org

What is the mission statement of Womenventure?

Womenventure, a nonprofit organization, is committed to empowering women by assisting them in establishing and growing profitable and sustainable businesses. This mission aims to enable these women to achieve their economic goals, ultimately transforming their communities. By providing necessary support, Womenventure contributes to the economic self-sufficiency of women, fostering a positive impact on their lives and the communities they inhabit.


Official website here: www.womenventure.org

Who is the CEO of Womenventure?

Leeann Rasachak is the Board Member of Womenventure. The CEO's salary of Womenventure is $169,983 and their total compensation is $169,983.


Official website here: www.womenventure.org

What is the revenue of Womenventure?

Womenventure's revenue in 2023 was $3,555,294.


Official website here: www.womenventure.org

Who are the executives of Womenventure and what are their salaries?

The average compensation at Womenventure during 2023 was $43,138. There are 51 employees and 102 volunteers at Womenventure.

Here are 24 key members and their salaries (Womenventure's CEO's salary is $169,983 and their total compensation is $169,983):

    Leeann Rasachak (Chief Executive Officer)
  • Compensation: $169,983
  • Related: $0
  • Other: $0

    • Karla Dross (Chief Financial Officer)
  • Compensation: $71,521
  • Related: $0
  • Other: $3,374

    • Aj Austerman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aimee Stolt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anna Dosen-Hicks (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Babette Buckner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carla Pavone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faatemah Ampey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Burgess (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gemma Kubat (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessi Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Denzer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Lonsdale (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindsay Bickler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Kramer Rodacker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Kochiras (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nelima Sitati Munene (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Dunham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pang Xiong (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Cooper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robyn Saphir (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alyson Van Dyk (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aruna Nookala (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Kaufman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.womenventure.org

    Where can I find the form 990 for Womenventure?

    The Womenventure’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.womenventure.org

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

    Mission Statement of Womenventure

    Womenventure, a nonprofit organization, is committed to empowering women to achieve their economic goals. They accomplish this by fostering the development of profitable and sustainable businesses. By doing so, these businesses not only provide economic self-sufficiency for the women involved but also contribute to the transformation of their communities. Womenventure's mission is to serve as a catalyst for change, enabling women to unlock their entrepreneurial potential and make a positive impact on their surroundings.

    Impact

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




    Saturday, July 20, 2024

    Womenventure's impact is evident in its dedication to empowering women to achieve their economic goals by building profitable and sustainable businesses. By providing resources, support, and guidance, Womenventure helps women create thriving enterprises that not only benefit the individuals involved but also contribute to the transformation of communities. This organization's work plays a crucial role in fostering economic self-sufficiency among women and promoting community improvement in St. Paul, MN.





    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 2023.

  • Investment Income: $1,793
  • Program Service Revenue: $270,595
  • Gross Receipts: $3,706,860

    • Assets and Liabilities:
  • Total Assets: $6,757,859
  • Total Liabilities: $3,819,456
  • Net Assets: $2,938,403
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $185,604

    LOAN FEE INCOME

    Revenue

    $38,343

    TRAINING INCOME

    Revenue

    $35,389

    GAIN ON DEBT FORGIVENE

    Revenue

    $11,259

    Organization Details

    Founding Year

    1983

    Principal Officer

    Leeann Rasachak

    Main Address

    165 WESTERN AVENUE N STE 8 100, ST PAUL, MN, 55102

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Womenventure 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.