Overview
What is Houston Womens Business Council Inc?
Houston Women's Business Council Inc, doing business as Women's Business Enterprise Alliance, is a nonprofit organization situated in Houston, Texas. The primary objective of this organization is to boost business prospects for women-owned enterprises and corporate members. They accomplish this through education, programs, and professional networking events. The Houston Galveston Women's Business Center (WBC), operated by the Alliance, offers support to entrepreneurs through trainings, scholarships, and linking them with corporate contracting offices. During 2022, the WBC conducted 59 training sessions with 756 attendees and carried out 733 counseling sessions with clients. The Alliance currently employs a team of 9 individuals dedicated to empowering women in business growth.
Official website here: www.wbea-texas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
The Houston Women's Business Council Inc, operating as the Women's Business Enterprise Alliance, has achieved a Three-Star rating from Charity Navigator, indicating a solid accountability and finance score of 78%. This score reflects transparency and effective financial management practices, which are vital for maintaining donor trust and support. The overall rating is derived entirely from its Accountability & Finance metrics, showcasing a focus on maintaining high standards in these areas.
Strengths highlighted include a fully independent board of directors, which enhances governance and decision-making processes. The organization has also demonstrated excellent financial practices, such as a low liabilities to assets ratio of 31.55% and a program expense ratio of 67.88%, indicating a significant portion of its expenses are directed towards its programs rather than administrative costs. Additionally, the organization has robust policies in place, including conflict of interest and whistleblower protections, contributing to its strong governance framework.
However, the rating does not encompass other potential areas such as program effectiveness or community impact, which are important for a holistic evaluation of nonprofit organizations. While the financial health appears strong, stakeholders may want to look further into the organization's specific programs and outcomes to get a complete picture of its effectiveness in serving its missions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Houston Womens Business Council Inc?
100% of 20 reviewers on Facebook recommend Houston Women's Business Council Inc. Here is a summary of their reviews:
The organization is highly regarded for its gold standard certifications and exceptional events, with many reviewers praising the quality and professionalism exhibited in its programs. Participants appreciate the valuable resources and networking opportunities provided, which help empower women in business.
Overall, the sentiment is overwhelmingly positive, indicating that the nonprofit successfully fulfills its mission and delivers significant benefits to its members. Reviewers feel a strong sense of support and community within the organization, making it a valuable asset for women entrepreneurs in Houston.
This AI summary has been generated from reviews found on Facebook.
Is Houston Womens Business Council Inc legitimate?
Houston Womens Business Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Womens 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: $141,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $407,384
For more financial information, click here
Official website here: www.wbea-texas.org
What is the mission statement of Houston Womens Business Council Inc?
The Houston Women's Business Council Inc, operating as Women's Business Enterprise Alliance, is dedicated to expanding business prospects for women-owned enterprises and corporate members. They achieve this goal through educational programs, networking opportunities, and various initiatives. The organization's mission is to foster a conducive environment that encourages entrepreneurship among women, empowers them to start or grow their businesses, and provides them with opportunities to connect with corporate contracting offices. In 2022, the organization held 59 training sessions and conducted 733 counseling sessions with clients, demonstrating their commitment to supporting women entrepreneurs.
Official website here: www.wbea-texas.org
Who is the CEO of Houston Womens Business Council Inc?
April Day is the President of Houston Womens Business Council Inc.
Official website here: www.wbea-texas.org
What is the revenue of Houston Womens Business Council Inc?
Houston Womens Business Council Inc's revenue in 2022 was $966,642.
Official website here: www.wbea-texas.org
Who are the executives of Houston Womens Business Council Inc and what are their salaries?
The average compensation at Houston Womens Business Council Inc during 2022 was $60,965. There are 9 employees and 20 volunteers at Houston Womens Business Council Inc.
Here are 6 key members and their salaries:
- Compensation: $137,182
- Related: $0
- Other: $4,116
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wbea-texas.org
Where can I find the form 990 for Houston Womens Business Council Inc?
Houston Womens Business Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wbea-texas.org
Learn more at the official website: www.wbea-texas.org
Mission Statement of Houston Womens Business Council Inc
Houston Women's Business Council Inc, doing business as Women's Business Enterprise Alliance, is dedicated to enhancing business prospects for women-owned enterprises and corporate members. They achieve this goal through various means, including education, programs, and professional networking opportunities. The organization's primary objective is to create more business chances for women entrepreneurs and corporate members, thereby fostering a supportive and thriving business environment.
Located in Houston, the Women's Business Enterprise Alliance provides essential support to aspiring and existing entrepreneurs. They operate the Houston Galveston Women's Business Center (WBC), which offers a range of services, such as educational workshops, scholarships, and matchmaking events with corporate contracting offices. These initiatives inspire and empower women who wish to establish or expand their businesses, providing them with the tools and resources necessary for success. In 2022 alone, the WBC hosted 59 training sessions for 756 attendees and conducted 733 counseling sessions with clients. These activities reflect the organization's commitment to fostering an environment that supports and encourages the growth of women-owned businesses.
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Impact
July, 2024
The Women's Business Enterprise Alliance, formerly known as Houston Women's Business Council Inc., is dedicated to boosting business opportunities for women-owned businesses and corporate members through education, programs, and professional networking. They operate the Houston Galveston Women's Business Center to provide support to entrepreneurs, offering education, scholarships, and connections with corporate contracting offices. In 2022 alone, the WBC conducted 59 training sessions with 756 attendees and conducted 733 counseling sessions with clients, inspiring and empowering women looking to start or expand their businesses. Their impact is evident in the increased support and resources they provide to women-owned businesses, fostering growth and success in the business community.
This information is meant to be a general summary of Houston Womens 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 2022.
- Investment Income: $166
- Program Service Revenue: $521,618
- Gross Receipts: $988,907
Assets and Liabilities:
- Total Assets: $1,333,072
- Total Liabilities: $420,616
- Net Assets: $912,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CERTIFICATIONS
Revenue
$428,050
LUNCHEONS AND EVENTS
Revenue
$11,372
WBENC ALLOCATIONS
Revenue
$80,143
WOMEN'S BUSINESS CENTER
Revenue
$2,053
Organization Details
Founding Year
1995
Phone
(713) 681-9232Principal Officer
April Day
Main Address
9800 NORTHWEST FREEWAY 120, HOUSTON, TX, 77092
Website
www.wbea-texas.orgNTEE Category
Code: T30 - Philanthropy
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