Overview
What is Western Nis Enterprise Fund?
The Western Nis Enterprise Fund is a nonprofit organization, established through the Support for East European Democracy Act of 1989 and the 1992 Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act. Its primary mission is to foster economic development in Eastern Europe. The organization was endorsed by USAID to implement a $30 million legacy program, focusing on export promotion, local economic development, impact investment, and economic leadership. This program is financed by revenues generated from their investment activities.
Official website here: www.umaef.org
Is Western Nis Enterprise Fund legitimate?
Western Nis Enterprise Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Nis Enterprise Fund 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: $431,316
Professional Fundraising Fees: $0
Other Salaries and Wages: $982,032
For more financial information, click here
Official website here: www.umaef.org
What is the mission statement of Western Nis Enterprise Fund?
The Western Nis Enterprise Fund, established and funded by the U.S. Congress, is a not-for-profit organization with a mission to foster economic development in Eastern Europe. This mission was initiated under the Support for East European Democracy Act of 1989 and the 1992 Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act. The organization, approved for a $30 million legacy program by USAID, focuses on export promotion, supporting local economic development, impact investment, and strengthening economic leadership. This program is funded by profits generated from investment activities.
Official website here: www.umaef.org
Who is the CEO of Western Nis Enterprise Fund?
Jaroslawa Zelinsky Johnson is the CEO of Western Nis Enterprise Fund The CEO's salary of Western Nis Enterprise Fund is $194,878 and their total compensation is $232,549.
Official website here: www.umaef.org
What is the revenue of Western Nis Enterprise Fund?
Western Nis Enterprise Fund's revenue in 2023 was $134,501,409.
Official website here: www.umaef.org
Who are the executives of Western Nis Enterprise Fund and what are their salaries?
The average compensation at Western Nis Enterprise Fund during 2023 was $706,674. There are 2 employees at Western Nis Enterprise Fund.
Here are 12 key members and their salaries (Western Nis Enterprise Fund's CEO's salary is $194,878 and their total compensation is $232,549):
- Compensation: $194,878
- Related: $0
- Other: $37,671
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $82,976
- Related: $0
- Other: $19,057
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $102,400
- Related: $0
- Other: $0
- Compensation: $103,700
- Related: $0
- Other: $0
Official website here: www.umaef.org
Where can I find the form 990 for Western Nis Enterprise Fund?
Western Nis Enterprise Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.umaef.org
Learn more at the official website: www.umaef.org
Mission Statement of Western Nis Enterprise Fund
The Western Nis Enterprise Fund, established and funded by the U.S. Congress, is a not-for-profit corporation with a mission to foster economic development in Eastern Europe. This mission was initiated under the Support for East European Democracy Act of 1989 and the 1992 Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act. The organization's endeavors primarily focus on export promotion, local economic development, impact investment, and encouraging economic leadership. This mission is supported by a $30 million legacy program, funded by profits earned from investment activities, which USaid approved for launch. The Western Nis Enterprise Fund's primary objective is to stimulate growth and prosperity in Eastern Europe, thereby contributing to the region's overall economic development.
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Impact
October, 2024
Western Nis Enterprise Fund has made significant strides in promoting economic development in Eastern Europe. It was established to support the region's transition to market economies by facilitating investments that focus on export promotion, local economic development, and impact investment.
By leveraging a $30 million legacy program, financed through the profits of its investment activities, the Fund has been instrumental in fostering entrepreneurship and economic leadership in the area. Its efforts contribute to creating sustainable businesses, improving local economic conditions, and enhancing the overall economic landscape in Eastern Europe. The Fund's focus on these key areas has helped to empower local communities, stimulate growth, and promote stability in a rapidly evolving economic environment.
This information is meant to be a general summary of Western Nis Enterprise Fund. 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 2023.
- Investment Income: $13,430
- Program Service Revenue: $2,277,019
- Gross Receipts: $136,706,964
Assets and Liabilities:
- Total Assets: $83,458,676
- Total Liabilities: $416,459
- Net Assets: $83,042,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST FROM PRIS
Revenue
$2,277,019
Organization Details
Founding Year
1994
Principal Officer
Jaroslawa Z Johnson
Website
www.umaef.orgNTEE Category
Code: Q32 - International
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