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The Women's Bond Club Of New York

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

EIN: 311685743 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Women's Bond Club Of New York?

The Women's Bond Club of New York is a prominent nonprofit organization situated in New York City. Its primary objective is to offer networking and educational support to professional women in the finance sector, as well as to assist students aspiring to pursue careers in finance. They accomplish this mission through various activities such as lectures, workshops, and educational award programs. This club is more than just a network; it serves as a dynamic community that aims to strengthen women's leadership, boost intellectual capital, and generate value for their respective companies, communities, and future generations. The club's headquarters is located at 347 5TH AVENUE STE 1402-340, New York, NY 10016.


Official website here: www.wbcny.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating. The Women's Bond Club Of New York has demonstrated a solid performance across various metrics, achieving a commendable score of 84%. With strengths in leadership and adaptability, scoring a perfect 100 in those areas, the organization shows a robust capacity to evolve and respond to community needs.

The charity's accountability and finance score is 81, indicating a responsible management of funds, with a program expense ratio of 64.62%. This suggests that a significant portion of their resources is directed towards their programs rather than administrative costs. Additionally, they have an independent board with 100% of its members being independent, which enhances transparency and governance.

However, there are noticeable gaps, such as the absence of a whistleblower policy and a document retention and destruction policy. Despite these limitations, the organization has received positive feedback from constituents, scoring a perfect 100 in that area, which underscores the effectiveness of their programs and engagement with the community. Overall, The Women's Bond Club Of New York shows a strong commitment to its mission, although it could improve its governance policies for enhanced accountability.


This AI summary has been generated from information found on Charity Navigator.

Is The Women's Bond Club Of New York legitimate?

The Women's Bond Club Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Women's Bond Club Of New York 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wbcny.org

What is the mission statement of The Women's Bond Club Of New York?

The Women's Bond Club of New York is more than just a networking platform. It serves as a vital community for experienced women in the financial services sector, sharing a common mission to foster women's leadership, enhance intellectual capital, and contribute value to their respective companies, communities, and future generations. The club provides a range of opportunities for professional growth, including lectures, workshops, networking events, and educational programs. Moreover, it offers scholarship programs for women students pursuing careers in finance. Overall, the Women's Bond Club of New York is committed to empowering and advancing women in the financial industry.


Official website here: www.wbcny.org

What is the revenue of The Women's Bond Club Of New York?

The Women's Bond Club Of New York's revenue in 2023 was $827,553.


Official website here: www.wbcny.org

Who are the executives of The Women's Bond Club Of New York and what are their salaries?

Here are 18 key members and their salaries:


Cindy Deville (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Buxton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Paladino (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Geremia (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aoiffe Mcgarry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivette Collazo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Prunty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Bozzella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Meatto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meagan Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naila Makhdumi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Schwartz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alarice Lonergan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carly Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Stewart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Travis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wbcny.org

Where can I find the form 990 for The Women's Bond Club Of New York?

The Women's Bond Club Of New York's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wbcny.org

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

Mission Statement of The Women's Bond Club Of New York

The Women's Bond Club of New York is a dynamic community of experienced women in the financial services sector, united by a shared mission. This mission is threefold: to foster leadership among women, enhance their intellectual capital, and generate value for their companies, communities, and future generations. They achieve this mission through a variety of activities, primarily focusing on networking, educational opportunities, and lectures.

The organization provides a supportive environment for women professionals in finance and encourages the growth of women students pursuing a career in this field. To achieve this, they offer a range of educational programs, workshops, and networking events. Among their initiatives is an Education Award Program, which supports deserving students in their pursuit of a finance-related degree. By nurturing talent and providing a platform for women in finance, The Women's Bond Club of New York contributes to the advancement of women in leadership roles and the enrichment of the financial services industry as a whole.

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Impact




October, 2024

The Women's Bond Club of New York plays a pivotal role in empowering women professionals in the finance sector and nurturing the next generation of female leaders. Through a comprehensive array of lectures, workshops, and networking opportunities, the organization fosters an environment where women can exchange knowledge and experiences, facilitating personal and professional growth.

By focusing on educational support, the club provides valuable resources tailored for women pursuing careers in finance. Its education award programs for students serve to inspire and equip young women with the tools needed to succeed in a traditionally male-dominated industry.

In its mission to advance women's leadership, the Women's Bond Club helps build a robust community of experienced professionals who contribute to the intellectual capital of the finance sector. This not only enhances individual careers but also enriches the broader business landscape by promoting diversity and inclusion.

The impact of the Women's Bond Club extends beyond its members—it strengthens the fabric of financial services by returning worth to companies and communities, ensuring that upcoming generations of women have the support and opportunities they need to thrive.




This information is meant to be a general summary of The Women's Bond Club Of New York. 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
$827,553 (2023)
Expenses
$755,566 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $71,715
  • Gross Receipts: $1,423,466

Assets and Liabilities:

  • Total Assets: $3,197,566
  • Total Liabilities: $1,067,346
  • Net Assets: $2,130,220

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Organization Details

Founding Year

1921

Principal Officer

Cheryl Geremia

NTEE Category

Code: B60 - Education

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