Overview
What is Women Business Enterprise Council South?
Women Business Enterprise Council South (WBECS) is a nonprofit organization situated in New Orleans, Louisiana. Its primary mission is to foster and improve business prospects for women-owned enterprises by establishing a reliable certification program, providing education, and offering opportunities for professional growth. By hosting annual meetings, WBECS enables over 500 woman-owned businesses to connect with current and potential women-owned suppliers. This platform offers valuable networking and marketing opportunities for its members, allowing them to showcase their goods and services. With a team of five dedicated individuals, WBECS is committed to empowering and uplifting women-owned businesses in the corporate world.
Official website here: www.wbecsouth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Women Business Enterprise Council South has received a commendable rating of 80%, indicating a solid level of accountability and financial health. This score reflects the organization's commitment to transparency and ethical governance practices, as evidenced by its high marks in various categories related to board independence and financial management.
Strengths of the organization include a fully independent board, with 95% of its members meeting this criterion, as well as no reported material diversion of assets. The council's program expense ratio stands at 71.44%, suggesting that a significant portion of its resources is directed towards its mission-related activities, which is a positive indicator for donors and stakeholders alike.
While the organization demonstrates strong financial practices, the rating is based solely on accountability and finance, indicating that there may be limited information available about its programmatic effectiveness and overall impact. Nonetheless, the solid score in financial accountability provides a level of assurance for those considering support or collaboration with the Women Business Enterprise Council South.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Women Business Enterprise Council South?
100% of 10 reviewers on Facebook recommend the Women Business Enterprise Council South. Here is a summary of their comments:
Supporters highlight the organization's vital role in empowering women-owned businesses, emphasizing its importance for networking and growth opportunities. Participants feel that being part of this council significantly benefits their entrepreneurial journeys, providing valuable resources and connections.
Overall, the sentiment is overwhelmingly positive, with members expressing satisfaction with the services and opportunities available through the council. This organization appears to deliver on its promise of supporting and uplifting women entrepreneurs in the community.
This AI summary has been generated from reviews found on Facebook.
Is Women Business Enterprise Council South legitimate?
Women Business Enterprise Council South is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women Business Enterprise Council South 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: $681,479
For more financial information, click here
Official website here: www.wbecsouth.org
What is the mission statement of Women Business Enterprise Council South?
The Women Business Enterprise Council South is dedicated to enhancing business opportunities for women-owned enterprises. This is achieved through a reputable certification program, educational resources, and professional growth opportunities. The organization's mission is to foster a connection between these women-owned businesses and corporations, ultimately aiming to advance business prospects for both parties. The Council achieves this by hosting events like their annual meeting, which provides a platform for networking and marketing opportunities for its members.
Official website here: www.wbecsouth.org
Who is the CEO of Women Business Enterprise Council South?
Phala Mire is the Director of Women Business Enterprise Council South.
Official website here: www.wbecsouth.org
What is the revenue of Women Business Enterprise Council South?
Women Business Enterprise Council South's revenue in 2022 was $1,708,306.
Official website here: www.wbecsouth.org
Who are the executives of Women Business Enterprise Council South and what are their salaries?
The average compensation at Women Business Enterprise Council South during 2022 was $136,296. There are 5 employees at Women Business Enterprise Council South.
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Official website here: www.wbecsouth.org
Where can I find the form 990 for Women Business Enterprise Council South?
Women Business Enterprise Council South's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wbecsouth.org
Learn more at the official website: www.wbecsouth.org
Mission Statement of Women Business Enterprise Council South
Women Business Enterprise Council South, a prominent organization, is committed to advancing and enhancing business opportunities for women-owned enterprises and corporations. They achieve this mission through a reputable certification program, educational resources, and avenues for professional growth. By offering this trio of services, Women Business Enterprise Council South aims to foster a collaborative environment where women-owned businesses can thrive and connect with potential corporate partners. During their annual meeting, the organization facilitated networking and marketing opportunities for over 500 women-owned businesses, allowing them to showcase their goods and services to current and prospective suppliers.
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Impact
July, 2024
Women Business Enterprise Council South's impact lies in fostering a strong network and facilitating business opportunities for women-owned businesses. By hosting events like its annual meeting, the organization connects over 500 women-owned businesses with potential suppliers and clients, providing critical networking and marketing opportunities. Through its certification program, education initiatives, and professional growth opportunities, the Women Business Enterprise Council South plays a crucial role in advancing and enhancing business opportunities for women entrepreneurs in the corporate world. This not only empowers women in business but also contributes to overall economic growth and gender equality in the business sector.
This information is meant to be a general summary of Women Business Enterprise Council South. 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.
- Program Service Revenue: $15,843
- Gross Receipts: $1,708,306
Assets and Liabilities:
- Total Assets: $2,844,131
- Total Liabilities: $1,462,493
- Net Assets: $1,381,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENTS
Revenue
$14,580
CLIENT FEES
Revenue
$1,263
Organization Details
Founding Year
1994
Phone
(504) 830-0149Principal Officer
Phala Mire
Main Address
401 ST JOSEPH STREET 2A, NEW ORLEANS, LA, 70112
Website
www.wbecsouth.orgNTEE Category
Code: R00K - Civil rights
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