Form 990 for tax year 2023

Totals

Total revenue

$751,128

Total expenses

$687,127

Contributions and grants received

$583,925

Grants paid

$0

Program service revenue

$155,155

Investment income

$12,048

Other revenue

$0

Total assets, end of year

$657,421

Total liabilities, end of year

$170,523

Net assets or fund balances, end of year

$486,898

Program services expenses (Part IX)

$667,822

Management and general expenses

$19,305

Fundraising expenses

$0

Program service expenses (Part III)

$667,822

Program services were 97.2% 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.

Mission and programs · 2023

• MEMBERSHIP SERVICES: WELD CELEBRATED ITS 20TH ANNIVERSARY IN 2023. IT 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 WOMEN'S SERIES, AFFINITY GROUPS BEST PRACTICES SERIES) AND PROGRAMS FREE TO MEMBERS (TELL IT LIKE IT IS THURSDAY WEBINAR SERIES PROGRAMS) AS WELL AS DEEP REGISTRATION DISCOUNTS FOR MEMBERS.

  Expenses $117,241

• EVENTS: KEYNOTE: THE WELD COLUMBUS CHAPTER HELD A KEYNOTE IN 2023. THE EVENT FEATURED SANDRA CAMPOS, BIG LOTS BOARD DIRECTOR, FORMER CEO OF DIANE VON FURSTENBERG, FORMER PRESIDENT OF A PORTFOLIO OF 1BN CONTEMPORARY BRANDS INCLUDING JUICY COUTURE, BEBE, BCBG AND HERVE LEGER, AND FORMER PRESIDENT OF O OSCAR (AN OSCAR DE LA RENTA DIVISION). IT FOCUSED ON THE TOPIC "BUILDING A CAREER IS A MARATHON - NOT A SPRINT." CORPORATE BOARD CONFERENCE: FOR OVER 12 YEARS, WELD HAS PROVIDED CORPORATE BOARD TRAINING AND BOARD JOURNEY PREPARATION AS A SEPARATE TRACK AT ITS ANNUAL LEADERSHIP CONFERENCE. FOR THE FIRST TIME IN 2023, WELD LAUNCHED A STAND-ALONE CORPORATE BOARD CONFERENCE THAT FEATURED KIM ALEXIS NEWTON, FOUNDER AND CEO, ALEXIS ENTERPRISES, LLC, INDEPENDENT DIRECTOR OF BIG LOTS AND JESSE TYSON, CEO, T&S FOOD SERVICES, LLC, INDEPENDENT DIRECTOR OF THE WILLIAMS COMPANIES INC. AS KEYNOTE SPEAKERS WITH COLLEEN MARSHALL, NEWS ANCHOR, NBC4 AS THE MODERATOR. THE CONFERENCE INCLUDED PANEL DISCUSSIONS ON HOT TOPICS IN THE BOARDROOM AND EMERGING PRACTICES FROM THE NOM/GOV PROCESS ALONG WITH ROUNDTABLE DISCUSSIONS ON THE BOARD JOURNEY. IN ITS FIRST YEAR, THE CONFERENCE SOLD OUT. LEADERSHIP: WELD HOSTS AN ANNUAL WOMEN'S LEADERSHIP CONFERENCE EACH SUMMER TO EDUCATE WOMEN AT VARIOUS STAGES OF THEIR CAREERS. THE 2023 CONFERENCE FOCUSED ON MAKING THE RE-CONNECTION: WITH PEOPLE, PURPOSE, AND PASSION. A WIDE RANGE OF EDUCATIONAL PROGRAMMING ADDRESSED THE DIVERSE WAYS WOMEN CAN DEVELOP AND APPLY LEADERSHIP SKILLS IN BOTH PROFESSIONAL AND CIVIC SERVICE VIA MAKING CONNECTIONS. THERE WERE SEVERAL DIFFERENT CAREER TRACKS. ATTENDEES WALKED 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. THIS CONFERENCE FEATURED COLUMBUS CITY COUNCILMEMBER LOURDES BARROSO DE PADILLA AS THE OPENING SESSION SPEAKER AND FEATURED OVER 35 EXPERT PRESENTERS ON A VARIETY OF LEADERSHIP TOPICS, INCLUDING BOTH AN OPENING AND LUNCH SESSION KEYNOTE SPEAKER. WELD HAD OVER 300 REGISTRATIONS, INCLUDING 32 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. WOMEN WELDING THE WAY CALENDAR(R) RECEPTION: THE WELD COLUMBUS CHAPTER LAUNCHED ITS 20TH ANNUAL WOMEN WELDING THE WAY 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 $222,541 · Revenue $155,155

• 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 $328,040

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

2023

Filed

2 May 2024

IRS schema version

2023v5.0

Source object

202401249349300920

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

The source document this was parsed from is served over the API, which is where bulk and document access live.