Overview
What is Center For Women & Enterprise Inc?
The Center for Women & Enterprise Inc, established in 1995, is a nonprofit organization based in Boston, Massachusetts. With a mission to empower women entrepreneurs and business owners, the center has trained over 60,600 individuals, leading to the creation of 57,500 jobs and generating $1.6 billion in wages for their employees. The organization offers a wide range of comprehensive programs and services across Massachusetts, New Hampshire, Rhode Island, and Vermont, catering to various stages of a business's lifecycle. The programs cover critical topics such as financial literacy, business planning, financing options, and visioning, aiming to strengthen women and veteran-owned businesses. In 2022 alone, the organization served 3,829 individuals through its programs and events, providing them with the necessary tools to create new income opportunities and boost the New England economy. The Center for Women & Enterprise Inc operates as an economic empowerment organization, offering education, training, technical assistance, market access, and funding paths to support women entrepreneurs and early-stage businesses.
Official website here: www.cweonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Center for Women & Enterprise Inc has received a Four-Star rating from Charity Navigator, indicating a strong overall performance in financial health and accountability. With an impressive score of 100 in areas such as Impact & Measurement, Culture & Community, Leadership & Adaptability, the organization demonstrates its commitment to effectively serving its mission and adapting to the needs of women entrepreneurs.
The organization also showcases robust financial practices, as evidenced by a Program Expense Ratio of 72.92%, reflecting its dedication to directing funds toward its programs. The majority of its board members (96%) are independent, contributing to its governance and oversight effectiveness. Furthermore, the charity has implemented comprehensive policies related to conflict of interest, whistleblower protections, and document retention, all of which bolster its accountability.
Despite its high ratings, there are no specific limitations noted in the available data, reinforcing the Center for Women & Enterprise's strong position as a nonprofit dedicated to empowering women's entrepreneurship through effective leadership and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Women & Enterprise Inc legitimate?
Center For Women & Enterprise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Women & Enterprise Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $213,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,989,689
For more financial information, click here
Official website here: www.cweonline.org
What is the mission statement of Center For Women & Enterprise Inc?
The Center for Women & Enterprise Inc. is an economic empowerment organization with a mission to assist women business owners and aspiring female entrepreneurs. Their goal is to provide these individuals with easier access to the necessary resources, tools, and support required to launch and grow their businesses successfully. They achieve this mission by offering education, training, technical assistance, market access, and paths to funding to women entrepreneurs and early-stage businesses.
Official website here: www.cweonline.org
Who is the CEO of Center For Women & Enterprise Inc?
Gaby King Morse is the Ceo & President of Center For Women & Enterprise Inc. The CEO's salary of Center For Women & Enterprise Inc is $193,451 and their total compensation is $213,844.
Official website here: www.cweonline.org
What is the revenue of Center For Women & Enterprise Inc?
Center For Women & Enterprise Inc's revenue in 2022 was $4,411,162.
Official website here: www.cweonline.org
Who are the executives of Center For Women & Enterprise Inc and what are their salaries?
The average compensation at Center For Women & Enterprise Inc during 2022 was $64,810. There are 34 employees and 167 volunteers at Center For Women & Enterprise Inc.
Here are 29 key members and their salaries (Center For Women & Enterprise Inc's CEO's salary is $193,451 and their total compensation is $213,844):
- Compensation: $193,451
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- Compensation: $146,692
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- Other: $8,835
- Compensation: $127,976
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- Other: $4,204
- Compensation: $119,267
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- Other: $8,835
- Compensation: $114,970
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- Other: $15,443
Official website here: www.cweonline.org
Where can I find the form 990 for Center For Women & Enterprise Inc?
Center For Women & Enterprise Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cweonline.org
Learn more at the official website: www.cweonline.org
Mission Statement of Center For Women & Enterprise Inc
The Center for Women & Enterprise Inc is an economic empowerment organization dedicated to assisting women business owners and aspiring female entrepreneurs. Their mission is to provide these individuals with greater access to the necessary resources, tools, and support needed to launch and grow their businesses. They achieve this mission by offering education, training, technical assistance, access to markets, and pathways to funding. By doing so, the Center for Women & Enterprise Inc aims to empower women entrepreneurs and early-stage businesses, ultimately contributing to their success and growth.
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Impact
July, 2024
Center For Women & Enterprise Inc has trained over 60,600 aspiring small business owners since its founding in 1995, leading to the creation of 57,500 jobs and the payment of $1.6 billion in wages to their employees. By offering comprehensive programs and services for entrepreneurs and business owners in MA, NH, RI, and VT, CWE addresses the full lifecycle of their businesses. In 2022 alone, over 11,000 individuals participated in CWE's programs and events, with 3,829 individuals served. Through education, training, and technical assistance, CWE equips women and veteran-owned businesses with the tools they need to successfully create new income opportunities for themselves and their families, consequently boosting the New England economy.
This information is meant to be a general summary of Center For Women & Enterprise Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Program Service Revenue: $554,118
- Gross Receipts: $4,453,576
Assets and Liabilities:
- Total Assets: $2,065,282
- Total Liabilities: $1,714,598
- Net Assets: $350,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION, LESS SUBSIDIE
Revenue
$434,118
CORPORATE DUES
Revenue
$120,000
Organization Details
Founding Year
1995
Phone
(617) 536-0700Principal Officer
Gaby King Morse
Main Address
44 SCHOOL STREET NO 200, BOSTON, MA, 02108
Website
www.cweonline.orgNTEE Category
Code: J22 - Employment
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