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← WOMEN FOR ECONOMIC AND LEADERSHIP DEVELOPMENT

Form 990 for tax year 2022

Filed by WOMEN FOR ECONOMIC AND LEADERSHIP DEVELOPMENT.

Totals

Total revenue
$710,978
Total expenses
$664,816
Contributions and grants received
$582,070
Grants paid
$0
Program service revenue
$127,409
Investment income
$1,499
Other revenue
$0
Total assets, end of year
$578,283
Total liabilities, end of year
$155,386
Net assets or fund balances, end of year
$422,897
Program services expenses (Part IX)
$623,507
Management and general expenses
$41,309
Fundraising expenses
$0
Program service expenses (Part III)
$623,507

Program services were 93.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $227,860

  • 1f · All other contributions, gifts and grants

    $354,210

  • 2a · Program service revenue: PROGRAMMING

    total $127,409 · related or exempt $127,409

  • 3 · Investment income

    total $1,499 · related or exempt $1,499

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $215,151 · program services $206,545 · management and general $8,606

  • 6 · Compensation of disqualified persons

    total $3,430 · program services $3,293 · management and general $137

  • 7 · Other salaries and wages

    total $10,399 · program services $9,983 · management and general $416

  • 9 · Other employee benefits

    total $21,302 · program services $20,450 · management and general $852

  • 10 · Payroll taxes

    total $17,205 · program services $16,517 · management and general $688

  • 11b · Fees: legal

    total $1,175 · management and general $1,175

  • 11g · Fees: other

    total $27,594 · management and general $27,594

  • 12 · Advertising and promotion

    total $40,272 · program services $40,272

  • 13 · Office expenses

    total $16,931 · program services $16,254 · management and general $677

  • 17 · Travel

    total $10,814 · program services $10,381 · management and general $433

  • 22 · Depreciation, depletion and amortization

    total $310 · program services $298 · management and general $12

  • 23 · Insurance

    total $5,862 · program services $5,627 · management and general $235

  • 24a · Other expenses: PROGRAMMING EXPENSES

    total $282,269 · program services $282,269

  • 24b · Other expenses: BANK FEES

    total $11,112 · program services $10,668 · management and general $444

  • 24c · Other expenses: MISCELLANEOUS

    total $990 · program services $950 · management and general $40

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $338,800 · end of year $359,744

  • 2 · Savings and temporary cash investments

    beginning of year $98,751 · end of year $98,762

  • 4 · Accounts receivable

    beginning of year $74,525 · end of year $112,399

  • 10a · Land, buildings and equipment: cost or other basis

    $6,180

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,941

  • 10c · Land, buildings and equipment, net

    end of year $1,239

  • 15 · Other assets

    beginning of year $14,767 · end of year $6,139

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,849 · end of year $10,991

  • 19 · Deferred revenue

    beginning of year $144,258 · end of year $144,395

  • 27 · Net assets without donor restrictions

    beginning of year $373,736 · end of year $422,897

Mission and programs · 2022

Mission

WELD DEVELOPS AND ADVANCES WOMEN'S LEADERSHIP TO STRENGTHEN THE ECONOMIC PROSPERITY OF THE COMMUNITIES IT SERVES.

  • MEMBERSHIP SERVICES: WELD LAUNCHED A NEW E-CHAPTER IN TAMPA THIS YEAR. WELD HAS MAINTAINED STRONG MEMBERSHIP BY CONTINUING A STRONG LINE UP OF MEMBER ONLY PROGRAMS (NEW AND RENEWING MEMBER PROGRAMS, BOARD PROGRAMS, SPECIALTY PROGRAMS) AND CORPORATE MEMBER ONLY PROGRAMS (EXECUTIVE WOMENS SERIES, AFFINITY GROUPS BEST PRACTICES SERIES). IN ADDITION, WELD PROVIDED ALL OF ITS TELL IT LIKE IT IS THURSDAY WEBINAR SERIES PROGRAMS FREE TO MEMBERS AND CONTINUED DEEP REGISTRATION DISCOUNTS FOR MEMBERS.

    Expenses $115,299 · Revenue $23,561

  • EVENTS: KEYNOTE: WELD HELD TWO KEYNOTES IN 2022. FOR THE FIRST TIME POST-COVID, THE WELD COLUMBUS CHAPTER HAD ITS KEYNOTE EVENT IN PERSON. THE EVENT FEATURED GRACE VANDECRUZ, MANAGING DIRECTOR, GRACE GLOBAL CAPITAL LLC. IT FOCUSED ON THE TOPIC "EMERGING STRONG THROUGH MOUNTAINS OF CHANGE." THE PITTSBURGH CHAPTER ALSO HELD AN IN PERSON KEYNOTE EVENT FEATURING LEANNE MEYER, AUTHOR, ON THE TOPIC OF "CLIMBING THE SPIRAL STAIRCASE." LEADERSHIP: WELD HOSTS AN ANNUAL WOMEN'S LEADERSHIP CONFERENCE EACH SUMMER TO EDUCATE WOMEN AT VARIOUS STAGES OF THEIR CAREERS. THE 2022 CONFERENCE WAS IN PERSON FOR THE FIRST TIME SINCE COVID. A WIDE RANGE OF EDUCATIONAL PROGRAMMING ADDRESSED THE DIVERSE WAYS WOMEN CAN DEVELOP AND APPLY LEADERSHIP SKILLS IN BOTH PROFESSIONAL AND CIVIC SERVICE. THERE WERE SEVERAL DIFFERENT CAREER TRACKS. ATTENDEES COME AWAY WITH A STRONG SENSE OF THE URGENT NEED TO APPLY THOUGHT AND CREATIVITY TO INCREASE THE NUMBER OF WOMEN IN LEADERSHIP POSITIONS, AS WELL AS PRACTICAL SKILLS TO HELP ACHIEVE THAT GOAL. WELD CONDUCTED ITS TWELFTH ANNUAL FULL-DAY LEADERSHIP CONFERENCE WHICH FEATURED OVER 40 EXPERT PRESENTERS ON A VARIETY OF LEADERSHIP TOPICS, INCLUDING BOTH AN OPENING AND LUNCH SESSION KEYNOTE SPEAKER. WELD HAD 300 REGISTRATIONS, INCLUDING 38 SCHOLARSHIP RECIPIENTS. THESE WOMEN ARE STRIVING FOR ECONOMIC INDEPENDENCE AND ARE REINVENTING THEIR LIVES AFTER SUFFERING EXTREME SETBACKS. THEY WERE ABLE TO LEARN NEW SKILL SETS IN A SAFE AND SUPPORTIVE ENVIRONMENT AND BUILD NEW COMMUNITY CONNECTIONS. THE CONFERENCE ALSO INCLUDED A CORPORATE BOARD TRACK. WOMEN WELDING THE WAY CALENDAR(R) RECEPTION: THE WELD COLUMBUS CHAPTER LAUNCHED ITS 19TH ANNUAL WOMEN WELDING THE WAY (R) CALENDAR. THESE CALENDARS SHOWCASE THE ACHIEVEMENTS OF 12 WOMEN WHO ARE NOMINATED BY THE COMMUNITY AND SELECTED BY KEY BUSINESS AND COMMUNITY LEADERS. THE CALENDAR HONOREES ARE A DIVERSE MIX OF WOMEN WHO ARE LEADERS IN THEIR COMPANIES AND INDUSTRIES, HAVE POSITIVELY IMPACTED THEIR COMMUNITIES AND HAVE INSPIRED WOMEN TO STRIVE FOR THEIR CAREER ASPIRATIONS WHILE REACHING BACK FOR OTHERS. A PRINTED CALENDAR IS CREATED FOR EACH OF THESE CHAPTERS THAT SHOWCASES THE TALENT AND CONTRIBUTIONS OF THESE WOMEN. THIS EVENT WAS HELD IN PERSON AT THE OHIO STATEHOUSE. THE TOTAL NUMBER OF REGISTRATIONS FOR THE EVENT WERE ALMOST 300.

    Expenses $176,924 · Revenue $36,153

  • PROGRAMMING: WELD HOLDS EDUCATIONAL PROGRAMS TO TEACH SKILLS USEFUL FOR LEADERS AT VARIOUS STAGES IN THEIR CAREERS. TYPICALLY, THESE ARE A BLEND OF IN-PERSON AND VIRTUAL EVENTS. MANY CHAPTERS HAVE RETURNED TO IN PERSON EVENTS FOR THE FIRST TIME SINCE COVID-19. THESE EVENTS INCLUDE THE EMERGING PROFESSIONAL SERIES PROGRAMS TARGETED TO THOSE JUST STARTING OUT IN THEIR CAREERS, THE LEADERSHIP SERIES PROGRAMS TARGETED TO MID-CAREER PROFESSIONALS COVERING A WIDE RANGE OF TOPICS AND AN EXECUTIVE WOMEN'S SERIES FOR SENIOR LEADERS AND C-SUITE EXECUTIVES. WELD CONTINUED TO OFFER SEVERAL PROGRAMS WITH SHRM, CPE AND OH AND WV CLE. WELD LAUNCHED A FULL YEAR OF BOARD PROGRAMS/C-SUITE SERIES DESIGNED TO HELP WOMEN OBTAIN THEIR FIRST SEAT ON A NONPROFIT BOARD. THE TOPICS FOCUSED ON PUBLIC COMPANY FINANCIALS, NONPROFIT FINANCIALS, PREPARING FOR THE BOARD INTERVIEW AND OTHER BOARD PREPARATION TOPICS. WELD CONDUCTED SEVERAL NEW MEMBER PROGRAMS ACROSS ITS CHAPTER BASE AND ALSO HOSTED ITS ANNUAL AFFINITY GROUPS BEST PRACTICES SESSION FOR ITS CORPORATE MEMBERS. WELD ALSO CONDUCTED TWO COHORT-BASED LEADERSHIP PROGRAMS IN THEIR SECOND YEAR OF EXISTENCE. THE WELD PATHWAY TO MANAGEMENT PROGRAM IS DESIGNED TO PREPARE WOMEN FOR THEIR FIRST PROMOTION INTO A MANAGEMENT ROLE. THE WELD PATHWAY TO EXECUTIVE LEADERSHIP PROGRAM IS DESIGNED TO HELP WOMEN STUCK IN MIDDLE MANAGEMENT LEARN WHAT IT TAKES TO BE CONSIDERED FOR EXECUTIVE ROLES. WELD ALSO LAUNCHED THE INAUGURAL WELD PATHWAY TO MANAGEMENT PROGRAM FOR WOMEN OF COLOR THIS YEAR ATTRACTING MAJOR SPONSORS AND DELIVERING EXCELLENT ADVANCEMENT OPPORTUNITIES FOR PARTICIPANTS. WELD ALSO LAUNCHED A PROGRAM FOCUSED ON INCREASING AFRICAN AMERICAN REPRESENTATION IN THE C-SUITES OF PUBLIC COMPANIES IN OHIO, THE AFRICAN AMERICAN DIRECTORS FORUM, FOUNDED IN PITTSBURGH. IN ALL, WELD HAD NEARLY 4,800 WOMEN AND MEN ATTEND OUR LEADERSHIP AND MEMBER PROGRAMS AND SIGNATURE EVENTS. OVER TWO HUNDRED WOMEN AND MEN SERVED AS PROGRAM SPEAKERS.

    Expenses $331,284 · Revenue $67,695

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Barbara Smoot

    PRESIDENT/CE

    Total calculated
    $139,652
    From this org
    $133,118
    From related orgs
    $0
    Other
    $6,534
    Hours/week
    40
  • Deepa Kellar

    CHAPTER MANA

    Total calculated
    $80,790
    From this org
    $79,563
    From related orgs
    $0
    Other
    $1,227
    Hours/week
    30
  • Stefany Wendeln

    MEMBER COORD

    Total calculated
    $2,470
    From this org
    $2,470
    From related orgs
    $0
    Other
    $0
    Hours/week
    30
  • Rita McNeil Danish

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Annette Hazapis

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Anna Dailey

    BOARD SECRET

    Total calculated
    $0
    Hours/week
    2
  • Michael Kiene

    BOARD TREASU

    Total calculated
    $0
    Hours/week
    1.5
  • Beth Alloway

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ellen Cappellanti

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Irina Ceaparu

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Jeff Chesnut

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Aparna Dial

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Lindsay Ford Ellis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Michelle Foster

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Maggie Gilmore

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Susan Harty

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Jeffrey Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Lynda Kline

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Andrea Magana Lewis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Purba Majumder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Donna Marbury

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Jeff Milgrom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Lillian Morales-Laster

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Tia Moretti

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Sarah Mueller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Cathy Norton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Colleen Philabaum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Oana Polanco

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Dana Sadiq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Mary Sheehan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Lisa Shuneson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Cynthia Turner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Sapna Welsh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Netta Whitman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
4 May 2023
IRS schema version
2022v5.0
Source object
202341249349300034

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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