Overview
What is Greater Women's Business Council Inc?
Greater Women's Business Council Inc is a nonprofit organization dedicated to supporting and advocating for women business owners. Based in Atlanta, Georgia, the council has certified over 1,200 women-owned businesses, creating a network that meets procurement standards for services and products. Despite the challenges posed by COVID-19, their programming shifted to virtual platforms for safety. Their mission is to advance, promote, and advocate for women entrepreneurs through various means, including education, mentoring, certification, and corporate partnerships. They aim to foster a strong network of women-led businesses, enabling them to thrive in the business world. With a team of seven dedicated individuals, Greater Women's Business Council Inc is committed to empowering and uplifting women business owners.
Official website here: www.gwbc.biz
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Greater Women's Business Council Inc has received an 81% score, indicating a strong level of accountability and finance management. This rating is based entirely on their performance in the accountability and finance beacon, showcasing their commitment to maintaining transparency and good governance practices.
The organization demonstrates a solid structure with 93% independent board members and an adequate board size, reflecting a commitment to independent oversight. Their financial practices are notably sound, with a program expense ratio of 78.37%, indicating that a significant portion of their expenditures directly supports their mission. Furthermore, they have established various policies, such as conflict of interest and whistleblower policies, which contribute to their operational integrity.
While the overall rating is positive, it is important to note that this evaluation is based solely on financial accountability. Additional metrics related to program impact and effectiveness were not assessed, which could provide a more comprehensive view of the organization's performance and the outcomes of their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Women's Business Council Inc legitimate?
Greater Women's Business Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Women's Business Council 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: $183,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $360,692
For more financial information, click here
Official website here: www.gwbc.biz
What is the mission statement of Greater Women's Business Council Inc?
The Greater Women's Business Council Inc is dedicated to advancing, promoting, and advocating for women business owners. They achieve this goal through various means, including education, mentoring, certification, and corporate partnering. The organization's purpose is to create a supportive network of women-owned businesses that meet procurement standards for services and products. They have successfully certified over 1200 businesses, and due to COVID-19 safety protocols, all their programming has been conducted virtually.
Official website here: www.gwbc.biz
What is the revenue of Greater Women's Business Council Inc?
Greater Women's Business Council Inc's revenue in 2023 was $1,381,389.
Official website here: www.gwbc.biz
Who are the executives of Greater Women's Business Council Inc and what are their salaries?
The average compensation at Greater Women's Business Council Inc during 2023 was $60,478. There are 9 employees and 30 volunteers at Greater Women's Business Council Inc.
Here are 17 key members and their salaries:
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Official website here: www.gwbc.biz
Where can I find the form 990 for Greater Women's Business Council Inc?
Greater Women's Business Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gwbc.biz
Learn more at the official website: www.gwbc.biz
Mission Statement of Greater Women's Business Council Inc
Greater Women's Business Council Inc, a dedicated organization, is committed to advancing, promoting, and advocating for women business owners. Their mission is accomplished through various means such as education, mentoring, certification, and corporate partnering. The purpose of this nonprofit is to create a supportive network of women-owned businesses that meet the procurement standards for services and products. Due to safety protocols related to the COVID-19 pandemic, all of their programming was conducted virtually. By providing these resources, Greater Women's Business Council Inc aims to empower and uplift women entrepreneurs, fostering their growth and success in the business world.
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Impact
July, 2024
The Greater Women's Business Council Inc has made a significant impact by certifying and recertifying over 1200 women-owned businesses, creating a strong network of businesses that meet procurement standards for services and products. Despite the challenges posed by the COVID-19 pandemic, all programming was successfully adapted to a virtual format to ensure safety protocols were met. Through their focus on education, mentoring, certification, and corporate partnering, the organization plays a vital role in advancing and promoting women business owners in Atlanta, Georgia. Their efforts have not only supported the growth of women-owned businesses but have also contributed to overall community improvement.
This information is meant to be a general summary of Greater Women's Business Council 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 2023.
- Investment Income: $43
- Program Service Revenue: $1,160,643
- Gross Receipts: $1,381,389
Assets and Liabilities:
- Total Assets: $926,312
- Total Liabilities: $90,837
- Net Assets: $835,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CERTIFICATIONS
Revenue
$705,399
PROGRAMS
Revenue
$325,663
EDUCATION
Revenue
$129,581
Organization Details
Founding Year
2000
Principal Officer
Roz Lewis
Website
www.gwbc.bizNTEE Category
Code: S41 - Community improvement
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