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Women's Fund Of Western Massachusetts Inc

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

EIN: 043342411 ✦ Springfield, MA ✦ Designated as a 501(c)(3)

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Overview

What is Women's Fund Of Western Massachusetts Inc?

Women's Fund of Western Massachusetts Inc is a nonprofit organization situated in Springfield, Massachusetts. Their primary focus is to empower women and girls by providing grants to local organizations in the four counties of Western Massachusetts. One of their key programs is the Young Women's Initiative, which is a social justice and leadership program for young women from Springfield, enabling them to identify barriers to their success, explore solutions, and recommend changes in their community. Another significant program is the Economic Security Hub, which aims to better understand and address the various factors hindering economic security for marginalized and economically disadvantaged women. The Women's Fund supports local nonprofits and women's organizations by offering grants, technical assistance, capacity building, and collaboration opportunities. Their mission is to raise funds for gender and racial equity, confronting and dismantling systems of oppression in Western Massachusetts. The organization currently employs 7 individuals.


Official website here: www.mywomensfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating from Charity Navigator.

The Women's Fund of Western Massachusetts Inc has achieved an impressive score of 96%, reflecting strong performance in both accountability and finance, as well as culture and community. With a notable 83% in Accountability & Finance, the organization demonstrates effective financial management and oversight. The independent board composition and adherence to policies regarding conflicts of interest and whistleblower protections contribute to its solid governance structure.

The organization also excels in its responsiveness to constituent feedback, scoring a full 100 points in feedback collection, usage, and practices. This indicates a commitment to engaging with and addressing the needs of the community it serves. Additionally, it scores well in equity strategies and data, showcasing an understanding of the importance of inclusivity and fairness in its operations.

While the overall scores are high, the organization scored slightly lower in equity policies and processes, indicating potential areas for improvement. However, these limitations are minor compared to its overall strong performance, making the Women's Fund of Western Massachusetts Inc a well-regarded nonprofit in the region.


This AI summary has been generated from information found on Charity Navigator.

Is Women's Fund Of Western Massachusetts Inc legitimate?

Women's Fund Of Western Massachusetts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women's Fund Of Western Massachusetts 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: $125,529
Professional Fundraising Fees: $0
Other Salaries and Wages: $262,769

For more financial information, click here


Official website here: www.mywomensfund.org

What is the mission statement of Women's Fund Of Western Massachusetts Inc?

The Women's Fund of Western Massachusetts Inc's mission is centered around raising funds to advance gender and racial equity. They acknowledge, confront, and strive to dismantle systems of oppression. The organization provides grants, technical assistance, capacity building, and collaboration opportunities to local nonprofits and women and girls in the community. Their work focuses on improving economic security for women and girls, promoting confidence for women to take on positions of power and leadership, and promoting safety and freedom from gender-based sexual violence, toxic relationships, and power dynamics. They nurture a thriving, diverse, and inclusive women-and-girl-serving community to better advance gender and racial equity.


Official website here: www.mywomensfund.org

Who is the CEO of Women's Fund Of Western Massachusetts Inc?

Lisa Ranghelli is the Co-President of Women's Fund Of Western Massachusetts Inc. The CEO's salary of Women's Fund Of Western Massachusetts Inc is $120,282 and their total compensation is $122,615.


Official website here: www.mywomensfund.org

What is the revenue of Women's Fund Of Western Massachusetts Inc?

Women's Fund Of Western Massachusetts Inc's revenue in 2021 was $808,253.


Official website here: www.mywomensfund.org

Who are the executives of Women's Fund Of Western Massachusetts Inc and what are their salaries?

The average compensation at Women's Fund Of Western Massachusetts Inc during 2021 was $55,471. There are 7 employees and 60 volunteers at Women's Fund Of Western Massachusetts Inc.


Here are 15 key members and their salaries (Women's Fund Of Western Massachusetts Inc's CEO's salary is $120,282 and their total compensation is $122,615):


Lisa Ranghelli (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh Rae (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luzed Guzman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pia Kumar (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fung Chow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Bonica (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haydee Lamberty-Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tahirah Amatul-Wadud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shela Levante (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Stephenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn Vansant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dora Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rania Kfuri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Haghighat (Ceo)
  • Compensation: $120,282
  • Related: $0
  • Other: $2,333


Official website here: www.mywomensfund.org

Where can I find the form 990 for Women's Fund Of Western Massachusetts Inc?

Women's Fund Of Western Massachusetts Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.mywomensfund.org

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

Mission Statement of Women's Fund Of Western Massachusetts Inc

The Women's Fund of Western Massachusetts Inc is a nonprofit organization dedicated to advancing gender and racial equity in the community. Their mission is twofold: firstly, they aim to raise funds to address these issues, acknowledging and working towards dismantling systems of oppression. Secondly, they strive to create a climate of economic empowerment for women and girls by making grants to local organizations that align with their goals.

The Women's Fund of Western Massachusetts Inc takes a proactive approach to gender equality. They commission research, leverage their convening power, and use their knowledge of local and national efforts to invest in the community. Their work focuses on three main areas: improving economic security for women and girls, giving them the confidence to take on positions of power and leadership, and promoting safety and freedom from gender-based sexual violence, toxic relationships, and power dynamics. By nurturing a thriving, diverse, and inclusive women-and-girl-serving community, they aim to better advance gender and racial equity.

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Impact




July, 2024

The impact of Women's Fund Of Western Massachusetts Inc is focused on advancing gender and racial equity in Western Massachusetts. They provide grants, technical assistance, capacity building, and collaboration opportunities to local organizations serving women and girls in the region. Their work aims to improve economic security for women and girls, empower them to take on leadership positions, and promote safety and freedom from gender-based violence. Additionally, the organization commissions research, leverages their convening power, and invests in the community to advance gender equity. Through their programs like grantmaking, the Young Women's Initiative, and the Economic Security Hub, they address barriers to success and work towards creating a more inclusive and thriving community.




This information is meant to be a general summary of Women's Fund Of Western Massachusetts 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.

Revenue
$808,253 (2021)
Expenses
$839,503 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $226,303
  • Gross Receipts: $808,253

Assets and Liabilities:

  • Total Assets: $3,662,382
  • Total Liabilities: $174,255
  • Net Assets: $3,488,127

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Organization Details

Founding Year

1997

Principal Officer

Lisa Ranghelli

Main Address

1350 MAIN STREET NO 1006, SPRINGFIELD, MA, 01103

NTEE Category

Code: P120 - Human services

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