Overview
What is Women's Business Enterprise National Council?
The Women's Business Enterprise National Council (WBENC) is a Washington, D.C.-based nonprofit organization with a mission to foster economic growth globally. They achieve this by identifying, certifying, and facilitating the development of women-owned businesses. WBENC's efforts are demonstrated through their annual conferences, which attract thousands of women entrepreneurs and corporate executives seeking meaningful connections and business opportunities. The National Conference, WBENC's flagship event, is the largest of its kind, while the smaller, invite-only conference offers customized programming and the presentation of the WBENCPitch competition final round. In 2022, these events were held in Atlanta, Georgia, and Washington, D.C., respectively, hosting approximately 3,600 and 250 attendees, respectively. With a team of 33 employees, WBENC continues to make a significant impact on the business landscape.
Official website here: www.wbenc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating from Charity Navigator.
The Women's Business Enterprise National Council (WBENC) has achieved an impressive score of 96%, reflecting its strong performance in accountability and finance. This high rating is significant as it indicates a commitment to transparency and effective financial management. The organization has a fully independent board, which plays a crucial role in governance and oversight, further enhancing its credibility.
WBENC's financial health is evident through its low liabilities to assets ratio and a high program expense ratio, demonstrating that a substantial portion of its revenue is directed towards its programs. The organization has robust policies in place, including conflict of interest and whistleblower protections, which are essential for maintaining its integrity and fostering trust among stakeholders.
Despite its strengths, the summary does not indicate any notable limitations or areas for improvement. Overall, WBENC is recognized for its effective governance and financial responsibility, positioning it well to support women's business enterprises in a meaningful way.
This AI summary has been generated from information found on Charity Navigator.
Is Women's Business Enterprise National Council legitimate?
Women's Business Enterprise National Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women's Business Enterprise National Council 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: $1,861,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,315,694
For more financial information, click here
Official website here: www.wbenc.org
What is the mission statement of Women's Business Enterprise National Council?
The Women's Business Enterprise National Council (WBENC) is dedicated to fostering economic growth on a global scale. They accomplish this by identifying, certifying, and facilitating the development of women-owned businesses. Through their mission, WBENC aims to make a significant impact on the business world by empowering women entrepreneurs.
WBENC's activities include hosting two annual conferences. The largest event is the National Conference, which brings together thousands of women business owners and corporate executives to build connections and conduct business. In contrast, the November Event is an exclusive, invite-only conference offering customized programming, meaningful connections, and the live final round of the WBENCPitch competition. In 2022, these events were held in Atlanta, GA, and Washington, D.C., respectively.
Official website here: www.wbenc.org
Who is the CEO of Women's Business Enterprise National Council?
Pamela Prince-Eason is the President & Ceo of Women's Business Enterprise National Council. The CEO's salary of Women's Business Enterprise National Council is $454,200 and their total compensation is $517,740.
Official website here: www.wbenc.org
What is the revenue of Women's Business Enterprise National Council?
Women's Business Enterprise National Council's revenue in 2022 was $15,077,464.
Official website here: www.wbenc.org
Who are the executives of Women's Business Enterprise National Council and what are their salaries?
The average compensation at Women's Business Enterprise National Council during 2022 was $126,595. There are 33 employees at Women's Business Enterprise National Council.
Here are 81 key members and their salaries (Women's Business Enterprise National Council's CEO's salary is $454,200 and their total compensation is $517,740):
- Compensation: $454,200
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- Compensation: $137,000
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- Other: $40,994
- Compensation: $135,000
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- Other: $10,004
Official website here: www.wbenc.org
Where can I find the form 990 for Women's Business Enterprise National Council?
Women's Business Enterprise National Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wbenc.org
Learn more at the official website: www.wbenc.org
Mission Statement of Women's Business Enterprise National Council
The Women's Business Enterprise National Council (WBENC) is a dynamic organization dedicated to fostering economic growth on a global scale. With a clear mission, WBENC sets out to identify, certify, and facilitate the development of businesses that are owned by women. In doing so, it plays a pivotal role in propelling these enterprises towards success and growth.
WBENC's annual conferences are a significant part of its efforts to bring together women business owners and corporate executives. The flagship event, the National Conference, is the largest of its kind and attracts thousands of attendees. This conference serves as a platform for meaningful connections and business opportunities, providing a springboard for growth. An additional smaller conference, held every November, offers customized programming and networking opportunities, culminating in the live presentation of the WBENCPitch competition final round. Through these events, WBENC fosters a vibrant community of women entrepreneurs, empowering them to thrive and grow their businesses.
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Impact
October, 2024
The Women's Business Enterprise National Council (WBENC) significantly impacts the economic landscape by empowering women-owned businesses. By identifying and certifying these enterprises, WBENC enhances their visibility and credibility, enabling them to access larger markets and collaborate with corporate partners.
Through its flagship events, including the National Conference, WBENC creates a robust platform for networking and professional development. The 2022 National Conference, for instance, brought together approximately 3,600 women entrepreneurs and corporate executives, fostering connections that can lead to substantial business opportunities. The invite-only November event offers tailored programming and the chance to showcase innovative ideas through competitions like WBENCPitch, further supporting the growth of women-owned businesses.
Overall, WBENC plays a crucial role in driving economic growth and promoting diversity in business, contributing to the broader civil rights movement by advocating for equal opportunities for women entrepreneurs across various industries.
This information is meant to be a general summary of Women's Business Enterprise National Council. 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: $1,051
- Program Service Revenue: $12,291,574
- Gross Receipts: $15,077,464
Assets and Liabilities:
- Total Assets: $15,131,749
- Total Liabilities: $6,314,105
- Net Assets: $8,817,644
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$6,365,317
CONFERENCE AND MEETING
Revenue
$5,020,160
EXHIBITOR FEES
Revenue
$680,426
CONTRACTUAL SERVICES
Revenue
$149,671
CERTIFICATION FEES
Revenue
$76,000
Organization Details
Founding Year
1997
Phone
(202) 872-5515Principal Officer
Pamela Prince-Eason
Main Address
1120 CONNECTICUT AVENUE NW 1000, WASHINGTON, DC, 20036
Website
www.wbenc.orgNTEE Category
Code: R240 - Civil rights
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