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Fwa Of New York Inc

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

EIN: 133092258 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Fwa Of New York Inc?

Fwa Of New York Inc is a nonprofit organization based in New York City, specifically at 580 FIFTH AVENUE 820. Their primary mission is to advance the professional growth and success of women in the financial sector through various educational and networking programs. These activities include member programming committees, directors and corporate governance committees, emerging leaders committees, entrepreneurs' committees, and fintech committees, among others. They also have regional groups in Long Island and New Jersey, and initiatives like the Back2Business program for returning professionals. Their educational initiatives division focuses on supporting high-potential women interested in careers in finance and related fields. Fwa Of New York Inc aims to provide a supportive network and opportunities for women's career development and advancement within the financial sector.


Official website here: www.fwa.org

Is Fwa Of New York Inc legitimate?

Fwa Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fwa Of New York 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: $164,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,384

For more financial information, click here


Official website here: www.fwa.org

What is the mission statement of Fwa Of New York Inc?

Fwa Of New York Inc's mission is centered around promoting the professional development and advancement of women across various sectors, particularly finance. They achieve this through education, mentorship, networking, alliances, and advocacy. The organization offers a range of programs and committees, including member professional education and career development, directorship and corporate governance, emerging leaders, entrepreneurs, fintech, and educational initiatives, among others. These initiatives aim to prepare, develop, and mentor professionals, enhance networking skills, support women entrepreneurs, and educate high-potential women interested in careers in finance. They also offer unique programs like Back2Business for returning professionals and Wall Street Exchange for college students.


Official website here: www.fwa.org

Who is the CEO of Fwa Of New York Inc?

Hermina Batson is the President of Fwa Of New York Inc.


Official website here: www.fwa.org

What is the revenue of Fwa Of New York Inc?

Fwa Of New York Inc's revenue in 2022 was $452,819.


Official website here: www.fwa.org

Who are the executives of Fwa Of New York Inc and what are their salaries?

The average compensation at Fwa Of New York Inc during 2022 was $65,531. There are 6 employees and 50 volunteers at Fwa Of New York Inc.


Here are 24 key members and their salaries:


Hermina Nina Batson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Stewart (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Leipold (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madhumita Chakrabartti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelsey Hopkins (Acting Secretary And Nominating Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simone Vinocour (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Migliaccio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pawneet Abramowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tannisha Troutman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merrie Frankel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Linden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deepa Keswani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eunice Jean-Paul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arminda Mindy Youse-Warde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Hauge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Zagorin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michal Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albana Theka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Curran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chen Rai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Buddenhagen (Chief Technology Officer/Coo)
  • Compensation: $115,360
  • Related: $0
  • Other: $270
Ria Davis Ended 921 (Executive Director)
  • Compensation: $114,928
  • Related: $0
  • Other: $14,072
Alissa Desmarais Started 522 (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fwa.org

Where can I find the form 990 for Fwa Of New York Inc?

Fwa Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fwa.org

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

Mission Statement of Fwa Of New York Inc

Fwa of New York Inc, a nonprofit organization, is dedicated to promoting the professional development and advancement of women across various sectors, with a particular focus on the financial sector. The mission of Fwa of New York Inc is to empower women through education, mentorship, networking, alliances, and advocacy. This is achieved by offering a range of programs and initiatives designed to enhance leadership growth and accelerate success for women in the financial sector.

The organization provides professional education and career development programs, tailored to a diverse range of professionals, including executives, mid-level professionals, and entrepreneurs. These programs include executive speakers, panel discussions, classes, seminars, and networking opportunities. Fwa of New York Inc also has committees focusing on specific areas, such as directorship and corporate governance, emerging leaders, entrepreneurs, fintech, and impact investing. These committees offer training, coaching, and networking opportunities, helping members enhance their skills and expertise.

Fwa of New York Inc also offers educational initiatives for high school, undergraduate, and graduate women interested in careers in the financial industry, accounting, and STEM. These programs provide scholarships, mentoring programs, study abroad opportunities, professional development, financial literacy training, and graduate school programs. The organization also offers unique programs like Back2Business, a program for individuals returning to the workforce, and the Wall Street Exchange program, which provides paid summer internships for college students.

In summary, Fwa of New York Inc is an organization that champions the professional development and advancement of women in various sectors, with a special focus on the financial sector. It achieves this by offering educational programs, mentorship, networking opportunities, and advocacy initiatives, aiming to empower women and enhance their career growth.

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Impact




October, 2024

Fwa Of New York Inc significantly impacts the professional landscape for women in the financial sector through a diverse range of programs focused on education, mentorship, networking, and advocacy. Its initiatives cater to women across all career stages, from high school students to seasoned executives, fostering an inclusive environment that promotes leadership growth and professional advancement.

Through specialized committees, FWA creates tailored educational and developmental experiences. The Member Programming Committees, for example, connect industry professionals with recognized experts, enhancing leadership skills and expertise. This not only supports individual career trajectories but also contributes to a more equitable workforce within the financial sector.

The Emerging Leaders and Entrepreneurs' Committees focus on building essential networking skills and providing support systems for women starting their own businesses. These networks are vital in an industry where traditional resources may be limited for female entrepreneurs. Additionally, the FinTech Committee keeps members informed about technological advancements affecting the financial services landscape, ensuring that women remain at the forefront of industry innovation.

Programs like Back2Business facilitate the reintegration of individuals who have stepped away from their careers due to personal responsibilities, demonstrating FWA's commitment to inclusivity and support for unique career paths. The Member-to-Member Mentoring Program pairs new entrants with experienced professionals, fostering a culture of knowledge sharing and empowerment.

Through its initiatives, Fwa Of New York Inc actively shapes a more diverse and skilled workforce in the financial sector, paving the way for future generations of women leaders while addressing critical industry challenges.




This information is meant to be a general summary of Fwa Of New York 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
$452,819 (2022)
Expenses
$1,136,269 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$243,444
  • Gross Receipts: $10,413,233

Assets and Liabilities:

  • Total Assets: $4,372,987
  • Total Liabilities: $222,283
  • Net Assets: $4,150,704

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Organization Details

Founding Year

1979

Principal Officer

Hermina Batson

Main Address

580 FIFTH AVENUE 820, NEW YORK, NY, 100364762

NTEE Category

Code: T30 - Philanthropy

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