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Financial Alliance For Women Inc

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

EIN: 274697912 ✦ Brooklyn, NY ✦ Designated as a 501(c)(6)

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Overview

What is Financial Alliance For Women Inc?

Financial Alliance for Women Inc, based in Brooklyn, New York, is a nonprofit organization with a mission to foster the expansion of women in business and enhance women's financial prosperity. By pooling the insights, research findings, and practices of its member banks with successful Women's Market programs, the organization conducts market research on the female economy. This collective knowledge empowers its member financial institutions to deliver better results and contribute to the growth of women's wealth creation. The nonprofit, which has a team of three individuals, serves as a catalyst for business success among women while generating superior outcomes for its affiliated financial institutions.


Official website here: www.financialallianceforwomen.org

Is Financial Alliance For Women Inc legitimate?

Financial Alliance For Women Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Financial Alliance For Women 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: $451,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,600

For more financial information, click here


Official website here: www.financialallianceforwomen.org

What is the mission statement of Financial Alliance For Women Inc?

Financial Alliance for Women Inc. is committed to fostering the expansion of women in business and the creation of women's wealth, simultaneously ensuring improved business results for its member financial institutions. The organization's mission involves collating and analyzing the success strategies and insights from its member banks with effective Women's Market programs, as well as conducting in-depth research on the female economy.


Official website here: www.financialallianceforwomen.org

Who is the CEO of Financial Alliance For Women Inc?

Inez Murray is the Executive Director of Financial Alliance For Women Inc.


Official website here: www.financialallianceforwomen.org

What is the revenue of Financial Alliance For Women Inc?

Financial Alliance For Women Inc's revenue in 2022 was $2,147,872.


Official website here: www.financialallianceforwomen.org

Who are the executives of Financial Alliance For Women Inc and what are their salaries?

The average compensation at Financial Alliance For Women Inc during 2022 was $184,680. There are 3 employees at Financial Alliance For Women Inc.


Here are 14 key members and their salaries:


Inez Murray (Executive Director)
  • Compensation: $266,760
  • Related: $0
  • Other: $30,094
Rebecca Ruf (Vice President Of Programs)
  • Compensation: $184,680
  • Related: $0
  • Other: $0
Ann Cairns (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Puig (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Jenkins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharmila Hardi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
K Shelly Porges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Selim Hussain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ulrike Decoene (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Robboy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Tuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Cooper-Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadia Al Saeed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.financialallianceforwomen.org

Where can I find the form 990 for Financial Alliance For Women Inc?

Financial Alliance For Women Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.financialallianceforwomen.org

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

Mission Statement of Financial Alliance For Women Inc

Financial Alliance for Women, as an organization, is committed to fostering the expansion of women-owned businesses and promoting women's financial growth. By doing so, the alliance aims to achieve superior business outcomes for its member financial institutions. In essence, Financial Alliance for Women serves as a catalyst for women's entrepreneurial success and wealth creation, leveraging the collective insights and experiences of its member banks with successful Women's Market programs. Additionally, the alliance conducts market intelligence research on the female economy, providing valuable insights that can guide strategic decisions and business growth.

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Impact




October, 2024

Financial Alliance for Women Inc drives significant impact by empowering women in business and fostering women's wealth creation. Through extensive research and knowledge sharing, it consolidates the success stories, insights, and strategies of member banks that have implemented effective Women's Market programs. This collective intelligence not only enhances the capabilities of financial institutions but also promotes financial inclusion, enabling women entrepreneurs to thrive. By prioritizing the female economy, the Alliance generates superior business outcomes for its members while uplifting communities and contributing to broader economic growth.




This information is meant to be a general summary of Financial Alliance For Women 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
$2,147,872 (2022)
Expenses
$1,469,515 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $689,783
  • Gross Receipts: $2,147,872

Assets and Liabilities:

  • Total Assets: $1,545,605
  • Total Liabilities: $268,515
  • Net Assets: $1,277,090

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Event fees

Revenue

$10,697

Membership dues

Revenue

$525,432

Contracted services

Revenue

$153,654

Organization Details

Founding Year

2011

Principal Officer

Inez Murray

Main Address

372 Court Street, Brooklyn, NY, 11231

NTEE Category

Code: S81 - Community improvement

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