Overview
What is Women Networking In Electronic Transactions?
Women Networking in Electronic Transactions, identified as Paytech Women, is a nonprofit organization located at 1675 E MAIN ST 173, Kent, Ohio 44240. Their primary focus is on empowering women in the electronic transactions industry, offering professional development, networking opportunities, mentoring, and peer support through Local Interest Networking Circles (LINC) and Career Leadership Summit programs. The mission of this organization is to inspire and equip these women, helping them maximize their individual potential and position themselves for increased personal success. With a team of five dedicated individuals, Paytech Women strives to support and uplift women in their professional journey within the electronic transactions sector.
Official website here: www.paytechwomen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Women Networking In Electronic Transactions has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization needs improvement, particularly in the area of financial transparency. While the organization boasts a fully independent board and a solid liabilities-to-assets ratio, it has not provided financial statements, which significantly affects its accountability score. This lack of transparency raises concerns for potential donors and stakeholders.
The organization has demonstrated strengths in governance, with a majority of independent board members and established policies for conflict of interest and document retention. However, the absence of a whistleblower policy is noted as a limitation, which may impact organizational integrity and trust among stakeholders.
Additionally, the program expense ratio of 62.68% suggests that a significant portion of its expenses is directed towards program services, though this figure could be improved with more detailed financial reporting. Overall, while there are commendable aspects of governance and program expenditure, the organization must address its financial reporting deficiencies to enhance its rating and build trust with its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Women Networking In Electronic Transactions legitimate?
Women Networking In Electronic Transactions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women Networking In Electronic Transactions 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: $166,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,422
For more financial information, click here
Official website here: www.paytechwomen.org
What is the mission statement of Women Networking In Electronic Transactions?
Women Networking in Electronic Transactions (WNET) is dedicated to inspiring and empowering women in the electronic transactions industry. Their primary goal is to help these women maximize their individual potential and position themselves for greater personal success. This is achieved through various initiatives, such as providing professional and leadership development opportunities, offering networking events, offering mentorship programs, and offering peer support through local interest networking circles (LINC) and career leadership summit programs.
Official website here: www.paytechwomen.org
Who is the CEO of Women Networking In Electronic Transactions?
Wendy Holliday is the Founder/Director of Women Networking In Electronic Transactions. The CEO's salary of Women Networking In Electronic Transactions is $166,941 and their total compensation is $166,941.
Official website here: www.paytechwomen.org
What is the revenue of Women Networking In Electronic Transactions?
Women Networking In Electronic Transactions's revenue in 2022 was $1,117,388.
Official website here: www.paytechwomen.org
Who are the executives of Women Networking In Electronic Transactions and what are their salaries?
The average compensation at Women Networking In Electronic Transactions during 2022 was $65,272. There are 5 employees and 2000 volunteers at Women Networking In Electronic Transactions.
Here are 18 key members and their salaries (Women Networking In Electronic Transactions's CEO's salary is $166,941 and their total compensation is $166,941):
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Official website here: www.paytechwomen.org
Where can I find the form 990 for Women Networking In Electronic Transactions?
Women Networking In Electronic Transactions's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paytechwomen.org
Learn more at the official website: www.paytechwomen.org
Mission Statement of Women Networking In Electronic Transactions
Women Networking In Electronic Transactions, or WNET, is an organization dedicated to inspiring and empowering women in the electronic transactions industry. Their mission is to help these women maximize their individual potential and position themselves for greater personal success. WNET achieves this through various initiatives, including professional and leadership development, networking opportunities, mentoring, and peer support. They facilitate these programs through local interest networking circles (LINC) and career leadership summit programs. By offering these resources, WNET enables women in the electronic transactions industry to grow both personally and professionally, ultimately positioning themselves for success in their careers.
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Impact
October, 2024
Women Networking In Electronic Transactions (WNET) significantly impacts the electronic transactions industry by inspiring and empowering women to unleash their full potential. Through a comprehensive program focused on professional and leadership development, WNET provides valuable networking opportunities that foster connections among women in the field.
The organization facilitates mentoring and peer support through Local Interest Networking Circles (LINC) and the Career Leadership Summit Programs, which create a robust platform for women to share experiences, gain insights, and build strong professional relationships. By nurturing these connections, WNET helps women position themselves for greater personal success, driving both individual growth and collective advancement in the industry.
This initiative not only enhances the professional landscape for women in electronic transactions but also promotes diversity and inclusion, ultimately contributing to a more balanced and dynamic workforce.
This information is meant to be a general summary of Women Networking In Electronic Transactions. 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: $4
- Program Service Revenue: $895,031
- Gross Receipts: $1,117,388
Assets and Liabilities:
- Total Assets: $523,024
- Total Liabilities: $129,500
- Net Assets: $393,524
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$531,432
EVENT REVENUE
Revenue
$363,599
Organization Details
Founding Year
2005
Phone
(781) 876-8818Principal Officer
Wendy Holliday
Main Address
1675 E MAIN ST 173, KENT, OH, 44240
Website
www.paytechwomen.orgNTEE Category
Code: J03 - Employment
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