Form 990 for tax year 2024
Filed by WOMEN FOR ECONOMIC AND LEADERSHIP DEVELOPMENT.
Totals
- Total revenue
- $734,672
- Total expenses
- $769,522
- Contributions and grants received
- $580,315
- Grants paid
- $0
- Program service revenue
- $139,999
- Investment income
- $14,358
- Other revenue
- $0
- Total assets, end of year
- $736,928
- Total liabilities, end of year
- $265,930
- Net assets or fund balances, end of year
- $470,998
- Program services expenses (Part IX)
- $749,089
- Management and general expenses
- $20,433
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $749,089
Program services were 97.3% 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
$200,782
-
1f · All other contributions, gifts and grants
$379,533
-
1g · Noncash contributions included above
$13,321
-
2a · Program service revenue: REGISTRATIONS
total $139,999 · related or exempt $139,999
-
3 · Investment income
total $14,358 · related or exempt $14,358
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $165,071 · program services $156,817 · management and general $8,254
-
7 · Other salaries and wages
total $121,320 · program services $115,254 · management and general $6,066
-
9 · Other employee benefits
total $21,549 · program services $20,472 · management and general $1,077
-
10 · Payroll taxes
total $21,863 · program services $20,770 · management and general $1,093
-
11g · Fees: other
total $28,585 · program services $27,156 · management and general $1,429
-
12 · Advertising and promotion
total $45,768 · program services $45,768
-
13 · Office expenses
total $11,479 · program services $10,905 · management and general $574
-
14 · Information technology
total $7,868 · program services $7,475 · management and general $393
-
17 · Travel
total $10,122 · program services $9,616 · management and general $506
-
19 · Conferences, conventions and meetings
total $806 · program services $766 · management and general $40
-
22 · Depreciation, depletion and amortization
total $601 · program services $571 · management and general $30
-
23 · Insurance
total $7,900 · program services $7,505 · management and general $395
-
24a · Other expenses: PROGRAMMING EXPENSES
total $315,083 · program services $315,083
-
24b · Other expenses: BANK FEES
total $9,237 · program services $8,775 · management and general $462
-
24c · Other expenses: MISCELLANEOUS
total $1,625 · program services $1,544 · management and general $81
-
24d · Other expenses: MEALS & ENTERTAINMENT
total $645 · program services $612 · management and general $33
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $555,989 · end of year $630,043
-
4 · Accounts receivable
beginning of year $82,500 · end of year $101,070
-
9 · Prepaid expenses and deferred charges
beginning of year $16,752 · end of year $4,000
-
10a · Land, buildings and equipment: cost or other basis
$3,056
-
10b · Land, buildings and equipment: accumulated depreciation
$1,241
-
10c · Land, buildings and equipment, net
beginning of year $2,180 · end of year $1,815
-
17 · Accounts payable and accrued expenses
beginning of year $16,084 · end of year $7,609
-
19 · Deferred revenue
beginning of year $154,439 · end of year $258,321
-
27 · Net assets without donor restrictions
beginning of year $486,898 · end of year $470,998
Mission and programs · 2024
Mission
WELD DEVELOPS AND ADVANCES WOMEN'S LEADERSHIP TO STRENGTHEN THE ECONOMIC PROSPERITY OF THE COMMUNITIES IT SERVES.
-
WELD HAS DIVERSIFIED ITS MEMBERSHIP FOOTPRINT TO NOW COVER 16 STATES. THE COMBINATION OF ITS IN-PERSON PROGRAMS AND VIRTUAL PROGRAM LINEUP HAS DELIVERED VALUE TO ITS MEMBERS. ITS MEMBER-ONLY PROGRAMS INCLUDE: NEW AND RENEWING MEMBER PROGRAMS, BOARD PROGRAMS AND SPECIALTY PROGRAMS. ITS CORPORATE MEMBER ONLY PROGRAMS INCLUDE THE EXECUTIVE WOMEN'S SERIES AND AFFINITY GROUPS BEST PRACTICES SERIES. CERTAIN MEMBERSHIP CLASSES ARE ABLE TO ATTEND EITHER THE TELL IT LIKE IT IS THURSDAY WEBINAR SERIES PROGRAMS OR E-CHAPTER WEBINAR PROGRAMS FOR FREE. MEMBERS CONTINUE TO RECEIVE DEEP REGISTRATION DISCOUNTS RELATIVE TO NON-MEMBERS.
Expenses $119,335
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $246,790 · Revenue $139,999
-
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. 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 CLE. WELD LAUNCHED A FULL YEAR OF BOARD PROGRAMS/C-SUITE SERIES DESIGNED TO HELP EXECUTIVES 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 ALSO CONDUCTED ITS ANNUAL CERTIFICATE PROGRAM ON GOVERNMENT BOARDS AND COMMISSIONS GOVERNANCE SKILLS TRAINING. 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 COHORT-BASED LEADERSHIP PROGRAMS DESIGNED TO PREPARE AND HELP ATTENDEES ACHIEVE THEIR FIRST PROMOTION INTO MANAGEMENT. IN 2024, WELD CONDUCTED 3 COHORTS OF THESE PROGRAMS. WELD ALSO LAUNCHED ONE COHORT OF ITS PATHWAY TO MANAGEMENT PROGRAM FOR WOMEN OF COLOR ATTRACTING MAJOR GRANT SUPPORT AND DELIVERING EXCELLENT ADVANCEMENT OPPORTUNITIES FOR PARTICIPANTS. IN ALL, WELD HAD NEARLY 2,900 WOMEN AND MEN ATTENDED OUR 2024 LEADERSHIP AND MEMBER PROGRAMS AND SIGNATURE EVENTS. OVER 160 WOMEN AND MEN SERVED AS PROGRAM SPEAKERS.
Expenses $382,964
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Barbara SmootBARBARA SMOOT
PRESIDENT/CE
- Total calculated
- $165,071
- From this org
- $152,041
- From related orgs
- $0
- Other
- $13,030
- Hours/week
- 75
Schedule J breakdown matched by us
- Base
- $152,041
- Bonus
- not reported
- Other
- not reported
- Deferred
- $13,030
- Nontaxable benefits
- not reported
- Filer's total
- $165,071
-
Annette HazapisANNETTE HAZAPIS
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Colleen PhilabaumCOLLEEN PHILABAUM
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay Ford EllisLINDSAY FORD ELLIS
BOARD SECRET
- Total calculated
- $0
- Hours/week
- 1
-
Cathy NortonCATHY NORTON
BOARD TREASU
- Total calculated
- $0
- Hours/week
- 1
-
Lillian Morales-LasterLILLIAN MORALES-LASTER
RELATIONS DI
- Total calculated
- $0
- Hours/week
- 1
-
Michelle FosterMICHELLE FOSTER
DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 1
-
Beth AllowayBETH ALLOWAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer BoganJENNIFER BOGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ellen CappellantiELLEN CAPPELLANTI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aparna DialAPARNA DIAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Frances FeehanFRANCES FEEHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Latessa GrayLATESSA GRAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer JamesJENNIFER JAMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lynda KlineLYNDA KLINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ashley PackASHLEY PACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas PadovanoNICHOLAS PADOVANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Oana PolancoOANA POLANCO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mary RichterMARY RICHTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dana SadiqDANA SADIQ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ralph Smithers JrRALPH SMITHERS JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia TurnerCYNTHIA TURNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Netta WhitmanNETTA WHITMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202501349349300740
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