Form 990 for tax year 2024

Totals

Total revenue

$19,332,789

Total expenses

$13,870,331

Contributions and grants received

$18,750,536

Grants paid

$9,047,759

Program service revenue

$36,356

Investment income

$121,134

Other revenue

$424,763

Total assets, end of year

$12,510,437

Total liabilities, end of year

$4,857,141

Net assets or fund balances, end of year

$7,653,296

Program services expenses (Part IX)

$12,710,811

Management and general expenses

$762,075

Fundraising expenses

$397,445

Program service expenses (Part III)

$12,710,811

Program services were 91.6% 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 · 2024

• THE MISSION OF THE WOMEN'S BUSINESS DEVELOPMENT COUNCIL (WBDC) IS TO STRENGTHEN AND SUPPORT ECONOMIC SUCCESS FOR WOMEN THROUGH ENTREPRENEURIAL SERVICES THAT LAUNCH AND GROW BUSINESSES ACROSS CONNECTICUT. WBDC SERVES CLIENTS FROM CONNECTICUT'S 169 CITIES AND TOWNS FROM ITS THREE REGIONAL OFFICES ACROSS THE STATE: NEW HAVEN, STAMFORD, WATERBURY AND NEW LONDON. SINCE 1997 WBDC HAS BEEN PROVIDING THE TRAINING NECESSARY TO GUIDE ASPIRING, EMERGING, AND ESTABLISHED ENTREPRENEURS ALONG THEIR GROWTH JOURNEY. SERVICES OFFERED INCLUDE THE FOLLOWING:EDUCATIONAL OPPORTUNITIES: 1:1 BUSINESS ADVISING, CLASSES (IN-PERSON AND VIRTUAL), ON-DEMAND LEARNING, MENTORING.IN ADDITION TO TRAINING, WBDC BELIEVES IN CONNECTING OUR CLIENTS, DONORS, AND OTHER STAKEHOLDERS, FOSTERING BUSINESS GROWTH THROUGH COLLABORATION AND TEAM SUPPORT.COMMUNITY ENGAGEMENTS: WBDC CONNECT MEMBERSHIP, COURAGEOUS CONVERSATIONS PODCAST, ANNUAL GALA & FUNDRAISING EVENTS, VIRTUAL MARKETPLACE, PUBLIC SPEAKING & MEDIA OPPORTUNITIES.FINANCIAL RESOURCES: WBDC HELPS ITS CLIENTS IDENTIFY SOURCES OF CAPITAL WHICH ALIGN WITH THEIR UNIQUE BUSINESS NEEDS AND PROVIDES GUIDANCE THROUGH THE APPLICATION AND COMPLIANCE PROCESS. RESOURCES INCLUDE WBDC'S OPPORTUNITY FUND GRANTS, BANK AND NON-BANK LOANS, PRIVATE INVESTMENTS, FEDERAL AND STATE COVID-19 RELIEF, OTHER NON-TRADITIONAL LOANS AND GRANTS.BUSINESS SUPPORT PROGRAM FOR CT CHILD CARE PROVIDERS: WBDC OFFERS A COMPREHENSIVE SUITE OF BUSINESS DEVELOPMENT SERVICES SUPPORTING CT CHILD CARE PROVIDERS, HOME AND CENTER-BASED, TO HELP THEM LAUNCH, SUSTAIN, AND GROW THEIR BUSINESSES. THE CHILD CARE BUSINESS DEVELOPMENT PROGRAM CATERS EXCLUSIVELY TO THE BUSINESS NEEDS OF THE CHILDCARE INDUSTRY: CUSTOMIZED ENTREPRENEURIAL TRAINING & TECHNICAL ASSISTANCE, PERSONAL FINANCIAL TRAINING & COACHING, MENTORING, FISCAL AND TECHNOLOGY INCENTIVES, ADVOCACY, TRAIN THE TRAINER.

  Expenses $12,710,811 · Grants $9,047,759 · Revenue $36,611

As filed on the 2024 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. 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

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

• CATHY'S HOUSE OF CHICKENS

  $25,000

  DECD FLOOD GRANT

• FRESH GREEN LIGHT

  $25,000

  DECD FLOOD GRANT

• HOMETOWN FUEL LLC

  $25,000

  DECD FLOOD GRANT

• LAKEVIEW OUTDOOR ADVENTURES LLC

  $25,000

  DECD FLOOD GRANT

• MASSARO CO LLC

  $25,000

  DECD FLOOD GRANT

• NAUGATUCK FAMILY CHIROPRACTIC LLC

  $25,000

  DECD FLOOD GRANT

• GROWING SEEDS ACADEMY LLC

  $25,000

  EMERGENCY FACILITIES GRANT

• LITTLE LAMBS FAMILY CHILD CARE

  $25,000

  START-UP GRANT

• BLOSSOMING MINDS III LLC

  $25,000

  EMERGENCY FACILITIES GRANT

• CARITAS FELICES 2

  $25,000

  START-UP GRANT

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2024

Filed

5 November 2025

IRS schema version

2024v5.2

Source object

202523109349300337

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.