Overview
What is Wbec Metro Ny And Greater Dmv Inc?
Wbec Metro Ny And Greater Dmv Inc is a nonprofit organization based in New York City, specifically at 2 Park Avenue 20th Floor. Their primary mission is to promote equal opportunities for women-owned businesses in the private sector, serving approximately 3,500 attendees in the DC region and an additional 4,000 in the New York region through weekly and monthly educational seminars and workshops. They offer various programs to assist women entrepreneurs, such as Sage Advice, Amplify Mastermind, and a one-page business plan program. Furthermore, Wbec Metro Ny And Greater Dmv Inc provides resources to help businesses understand sustainability and communicate their efforts in this area to stakeholders. They also offer a virtual matchmaking program for businesses to connect with corporate buyers. The organization has a team of 22 employees dedicated to supporting women-owned businesses.
Official website here: www.wbecnydmv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Wbec Metro Ny And Greater Dmv Inc has received an impressive Four-Star rating from Charity Navigator, highlighting its strong commitment to accountability and finance management. The organization scored 96% overall, with its rating primarily reflecting its high accountability and financial practices. This rating indicates that the charity maintains a solid structure and is dedicated to responsible financial stewardship.
Strengths of the organization include having a majority of independent board members, which enhances governance and decision-making transparency. Additionally, Wbec Metro Ny And Greater Dmv Inc has established comprehensive policies such as conflict of interest, whistleblower, and document retention, all of which are essential for maintaining trust and integrity within the nonprofit sector. The charity also demonstrates effective financial health, with a low liabilities-to-assets ratio and a significant portion of its expenses allocated to programming.
While the ratings reflect a strong operational framework, potential donors and supporters should always consider engaging with the organization directly to understand its impact and community outreach better. The available data indicates that the organization is well-managed, but personal insights and reviews may provide a more holistic view of its effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wbec Metro Ny And Greater Dmv Inc?
The initial reviews for Wbec Metro NY And Greater DMV Inc highlight a strong sense of empowerment and support for women entrepreneurs. One user praised the organization as a valuable source of knowledge and opportunity, expressing enthusiasm for its mission.
The sentiment towards this nonprofit is clearly positive, with emphasis on its role in fostering a community of women empowerment. This suggests that those who engage with the organization find it beneficial and impactful in their entrepreneurial journeys. Overall, the small number of reviews reflects a promising foundation that may encourage further support and engagement.
This AI summary has been generated from reviews found on Facebook.
Is Wbec Metro Ny And Greater Dmv Inc legitimate?
Wbec Metro Ny And Greater Dmv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wbec Metro Ny And Greater Dmv 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: $263,822
Professional Fundraising Fees: $0
Other Salaries and Wages: $749,892
For more financial information, click here
Official website here: www.wbecnydmv.org
What is the mission statement of Wbec Metro Ny And Greater Dmv Inc?
Wbec Metro Ny And Greater Dmv Inc's mission is centered around promoting equal opportunities for women-owned businesses. The organization achieves this by hosting educational seminars and workshops, aimed at empowering businesses in the private sector and fostering the growth of new markets. Each year, the organization conducts weekly and monthly sessions, serving approximately 3,500 attendees in the DC region and an additional 4,000 in the New York region. Wbec Metro Ny And Greater Dmv Inc also offers programs such as Sage Advice, designed to assist women in start-up and young business phases with skills like budgeting, insurance, sales, and marketing. Additionally, they provide the Amplify Mastermind Program, catering to black-owned businesses, and a virtual matchmaking program for business owners to connect with corporate buyers. Furthermore, the organization offers a one-page business plan program, enabling business owners to create actionable plans for their ventures.
Official website here: www.wbecnydmv.org
Who is the CEO of Wbec Metro Ny And Greater Dmv Inc?
Sandra Eberhard is the President of Wbec Metro Ny And Greater Dmv Inc.
Official website here: www.wbecnydmv.org
What is the revenue of Wbec Metro Ny And Greater Dmv Inc?
Wbec Metro Ny And Greater Dmv Inc's revenue in 2022 was $2,570,286.
Official website here: www.wbecnydmv.org
Who are the executives of Wbec Metro Ny And Greater Dmv Inc and what are their salaries?
The average compensation at Wbec Metro Ny And Greater Dmv Inc during 2022 was $46,078. There are 22 employees at Wbec Metro Ny And Greater Dmv Inc.
Here are 19 key members and their salaries:
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Official website here: www.wbecnydmv.org
Where can I find the form 990 for Wbec Metro Ny And Greater Dmv Inc?
Wbec Metro Ny And Greater Dmv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wbecnydmv.org
Learn more at the official website: www.wbecnydmv.org
Mission Statement of Wbec Metro Ny And Greater Dmv Inc
Wbec Metro Ny And Greater Dmv Inc, a notable organization, is dedicated to advancing equal opportunities for women-owned businesses. Their mission is to promote the growth and development of these businesses by providing educational seminars and workshops. Each year, they conduct weekly and monthly sessions in the DC region, serving approximately 3,500 attendees, and similarly in the New York region, catering to around 4,000 attendees. These events aim to foster equal opportunities and new markets in the private sector.
Beyond these educational programs, Wbec Metro Ny And Greater Dmv Inc offers specialized initiatives. The Sage Advice Program serves 25 women in the start-up and young business phases, teaching them essential skills such as budgeting, insurance, sales and marketing, and business planning. Similarly, the Amplify Mastermind Program targets Black-owned businesses, providing them with the same skills but through a cultural lens. Moreover, Wbec Metro Ny And Greater Dmv Inc offers a program introducing business owners to the language of sustainability, helping them document and communicate their sustainability efforts to stakeholders. Lastly, they provide a virtual matchmaking program, enabling business owners to meet one-on-one with corporate buyers, and a one-page business plan program, allowing business owners to create a concise, actionable plan for their businesses.
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Impact
October, 2024
Wbec Metro Ny And Greater Dmv Inc significantly impacts the landscape for women-owned businesses through various initiatives aimed at promoting equal opportunities and expanding market access. By hosting weekly and monthly educational seminars and workshops, the organization engages approximately 7,500 attendees across the DC and New York regions each year. This creates a vibrant ecosystem where women entrepreneurs can gain essential skills and knowledge to thrive.
Through programs like SAGE Advice and the Amplify Mastermind, it specifically supports women in the startup phase and Black-owned businesses. These initiatives equip participants with crucial skills in budgeting, insurance, sales, marketing, and business planning—all tailored to address the unique challenges they face. Additionally, the organization emphasizes sustainability, teaching business owners how to articulate their efforts in this vital area to stakeholders.
The virtual matchmaking program further connects business owners with corporate buyers, facilitating crucial networking opportunities. This direct engagement not only broadens potential market avenues but also fosters a community where women-led enterprises can flourish.
Overall, Wbec Metro Ny And Greater Dmv Inc fosters an environment conducive to growth, learning, and partnership, thereby creating a meaningful impact on the success and resilience of women-owned businesses.
This information is meant to be a general summary of Wbec Metro Ny And Greater Dmv 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.
- Investment Income: $37,400
- Program Service Revenue: $1,536,121
- Gross Receipts: $3,170,916
Assets and Liabilities:
- Total Assets: $2,960,234
- Total Liabilities: $623,013
- Net Assets: $2,337,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CERTIFICATION FEES
Revenue
$1,521,650
PROGRAM INCOME
Revenue
$14,471
Organization Details
Founding Year
1999
Phone
(212) 688-4114Principal Officer
Sandra Eberhard
Main Address
2 PARK AVENUE 20TH FLOOR, NEW YORK, NY, 10016
Website
www.wbecnydmv.orgNTEE Category
Code: B99 - Education
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