- Revenue 2024
- $4,445,144
- Expenses 2024
- $4,422,055
Program services were 78.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S43
- Classification
- 1000
- Street
- 1155 BREWER PARK BLVD
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
MWF IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WHOSE MISSION IS TO EXPAND ECONOMIC OPPORTUNITY FOR WOMEN AND ENTREPRENEURS OF COLOR BY PROVIDING ACCESS TO CAPITAL AND BUSINESS RESOURCES. MWF CELEBRATES OUTSTANDING WOMEN BY HONORING THEIR LEADERSHIP CONTRIBUTIONS TO THE COMMUNITY, ECONOMY, AND OUR STATE.
Activities or mission (Part I)
MWF IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WHOSE MISSION IS TO EXPAND ECONOMIC OPPORTUNITY FOR WOMEN AND ENTREPRENEURS OF COLOR BY PROVIDING ACCESS TO CAPITAL AND BUSINESS RESOURCES. MWF CELEBRATES OUTSTANDING MICHIGAN WOMEN BY HONORING THEIR LEADERSHIP CONTRIBUTIONS TO THE COMMUNITY, ECONOMY, AND OUR STATE. MWF'S VISION IS TO CREATE AN INCLUSIVE ECONOMY FOR THE STATE OF MICHIGAN WHERE WOMEN AND PEOPLE OF COLOR CAN CREATE VIABLE BUSINESSES THAT BUILD LONG-TERM SUSTAINABLE WEALTH.
-
ENTREPRENEURSHIP - INCLUDES PITCH COMPETITIONS, LENDING, PRE- AND POST- LENDING TRAINING, COACHING AND FACILITATION. THE NON-LENDING ACTIVITIES OF ENTREPRENEURSHIP ARE DESIGNED TO INTRODUCE THE BASICS OF STARTING AND BUILDING A BUSINESS. LENDING IS A FINANCING PROGRAM AVAILABLE TO ENTREPRENEURS AND SMALL BUSINESS OWNERS FOR UP TO $50,000. AS A CDFI, MWF TARGETS LOW TO MODERATE INCOME INDIVIDUALS, AFRICAN AMERICAN ENTREPRENEURS AND BUSINESS OWNERS WHO CONDUCT BUSINESS IN QUALIFYING INVESTMENT AREAS IN MICHIGAN AS DEFINED BY THE CDFI.
Expenses $3,389,697 · Grants $200,925 · Revenue $357,354
-
ALL OTHER PROGRAMS - THIS PROGRAM IS MADE UP OF VARIOUS SMALL OTHER PROGRAMS THE ORGANIZATION CONDUCTS SUCH AS SHOWCASING THE NAMES AND STORIES OF WOMEN WHO HELPED SHAPED THE HISTORY OF MICHIGAN.
Expenses $66,557
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Carolyn CassinCAROLYN CASSIN
PRESIDENT & CEO
- Total calculated
- $298,674
- From this org
- $288,198
- From related orgs
- $0
- Other
- $10,476
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $249,573
- Bonus
- $22,625
- Other
- $16,000
- Deferred
- $8,064
- Nontaxable benefits
- $2,412
- Filer's total
- $298,674
-
Kelly SpringerKELLY SPRINGER
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Regine BeauboeufREGINE BEAUBOEUF
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Teresa BingmanTERESA BINGMAN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dawn TylkowskiDAWN TYLKOWSKI
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Tonya WellsTONYA WELLS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Alyse MartinelliALYSE MARTINELLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Denise QuarlesDENISE QUARLES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eleanor WalkerELEANOR WALKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Inderpal DeolINDERPAL DEOL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Hayes-StallingsJESSICA HAYES-STALLINGS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Julie HegedusJULIE HEGEDUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Julie HollinsheadJULIE HOLLINSHEAD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kerri MillerKERRI MILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kim KerstenKIM KERSTEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kimle NailerKIMLE NAILER
TRUSTEE (TERM 02/2025)
- Total calculated
- $0
- Hours/week
- 1
-
Nancy MoodyNANCY MOODY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca GuerrieroREBECCA GUERRIERO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sarah EarleySARAH EARLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie NaitoSTEPHANIE NAITO
TRUSTEE (TERM 01/2025)
- Total calculated
- $0
- Hours/week
- 1
-
Tiffany AlbertTIFFANY ALBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Allyson BoyleALLYSON BOYLE
CHIEF FINANCIAL OFFICER
- Total calculated
- $224,250
- From this org
- $209,544
- From related orgs
- $0
- Other
- $14,706
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,947
- Bonus
- $32,597
- Other
- $0
- Deferred
- $5,892
- Nontaxable benefits
- $8,814
- Filer's total
- $224,250
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $4,445,144
- Expenses
- $4,422,055
- Contributions
- $3,681,468
- Grants paid
- $200,925
-
2023
- Revenue
- $4,227,695
- Expenses
- $3,008,686
- Contributions
- $3,521,406
- Grants paid
- $181,718
-
2022
- Revenue
- $4,075,099
- Expenses
- $3,410,744
- Contributions
- $3,174,154
- Grants paid
- $217,100
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $2,557,642
- Expenses
- $2,744,229
- Assets (EOY)
- $9,039,514
-
2020 · 990
- Revenue
- $3,910,917
- Expenses
- $2,980,559
- Assets (EOY)
- $7,113,651
-
2019 · 990
- Revenue
- $2,424,596
- Expenses
- $3,056,206
- Assets (EOY)
- $6,896,782
-
2018 · 990
- Revenue
- $2,422,564
- Expenses
- $1,984,907
- Assets (EOY)
- $6,023,372
-
2017 · 990
- Revenue
- $2,457,383
- Expenses
- $2,701,529
- Assets (EOY)
- $4,410,111
-
2016 · 990
- Revenue
- $1,703,828
- Expenses
- $1,658,441
- Assets (EOY)
- $3,367,870
-
2015 · 990
- Revenue
- $1,723,339
- Expenses
- $1,472,879
- Assets (EOY)
- $2,831,215
-
2014 · 990
- Revenue
- $1,932,011
- Expenses
- $1,576,403
- Assets (EOY)
- $1,987,501
-
2013 · 990
- Revenue
- $1,007,668
- Expenses
- $852,109
- Assets (EOY)
- $1,395,057
-
2012 · 990
- Revenue
- not reported
- Expenses
- $614,252
- Assets (EOY)
- $1,156,301
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2024 MEDICAL / PUBLIC SERVICES
-
2023 MEDICAL / PUBLIC SERVICES
-
2023 COMMUNITY IMPROVEMENT & CAPACITY BUILDING
-
2022 CIVIL RIGHTS, SOCIAL ACTION & ADVOCACY PROGRAM/GENERAL OPERATIONS/HUMAN SERVICES PROGRAM
-
2024 COMMUNITY IMPROVEMENT & CAPACITY BUILDING
-
2023 EMPLOYMENT
-
$63,478
2024 ENTREPRENEURSHIP
-
2024 EMPLOYMENT
-
2023 DIVERSITY, EQUITY AND INCLUSION
-
2022 HUMAN SERVICES - EMPLOYMENT
The 10 largest by cash amount. The API serves every itemized grant.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.