NonprofitsWomens Business Enterprise Center East

Unclassified

Womens Business Enterprise Center East

PHILADELPHIA, PA

Total revenue

$2.0M

Total expenses

$1.9M

Net assets

$1.4M

Grants received

$868K

5 grants

EIN

232810092

Tax year

2024

Mission

To foster the development and retention of successful small and women-owned businesses. Also, to facilitate the relationship between corporations, governments and entrepreneurial-owned businesses to provide growth and sustainability.

Programs

3 programs

Wbec-east through its partnership with the women's business enterprise national council ("wbenc") provides certifications to women-owned businesses. These certifications are used as a marketing tool for expanding a company's visibility for sourcing solutions and intentional procurement.

Expenses: $1.2M

Wbec-east provides an opportunity for corporations and governmental entities to show their support for small businesses.

Wbec-east solicits funds that are dedicated to internal scholarship and grants. Scholarships and grants are issued to offset fees to attend various entrepreneurial training programs for individuals starting or growing their business. Recipients of these funds are advised of the benefactor.

Expenses: $26KGrants: $26K

Financials

FY 2024

Revenue

Contributions & grants$798K
Program service revenue$1.3M
Investment income$9K
Other revenue
Total revenue$2.0M

Expenses

Grants paid$26K
Salaries & benefits$1.2M
Fundraising$10K
Other expenses$725K
Total expenses$1.9M
Total assets$2.2M
Net assets$1.4M

People

9 listed

NameRoleCompensation

ELIZABETH WALSH

PRESIDENT

Board

$207K

40 hrs/wk

NANCY GUNZA CPA

TREASURER

Board

2 hrs/wk

CECILIA ISAACS-BLUNDIN

CHAIR

Board

2 hrs/wk

CYNTHIA FUNARO TOWERS ESQ

VICE CHAIR

Board

2 hrs/wk

GEORGE EHRGOTT

DIRECTOR

Board

2 hrs/wk

LIV CARTER

DIRECTOR

Board

2 hrs/wk

ALLEN RIDDICK

DIRECTOR

Board

2 hrs/wk

DALE BUDDINE

DIRECTOR

Board

2 hrs/wk

VERNICE LEWIS

DIRECTOR

Board

2 hrs/wk

Independent contractors

CLIFTON LARSON ALLEN LLP

ACCOUNTING AND HR CONSULTING SERVICES

$279K

UNIT 1 PARTNERS LP CO SSH REAL ESTATE

RENTAL

$100K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$240K
TO SUBSIDIZE WBENC CERTIFICATION WORK.
2024
$15K
PROGRAM SPECIFIC SUPPORT
2024
$250K
TO SUBSIDIZE WBENC CERTIFICATION WORK.
2023
$185K
TO SUBSIDIZE WBENC CERTIFICATION WORK.
2022
$178K
TO SUBSIDIZE WBENC CERTIFICATION WORK.
2020

Funded by

$868K from 2 funders · 5 grants · 2020–2024

Women's Business Enterprise National

$853K · 4 grants · 2020–2024

Cla Foundation

$15K · 1 grant · 2024

Details

EIN232810092
NTEE codeZ99
Subsection03
Ruling date1995-01
Formed1995
Employees17
Volunteers8
WOMENS BUSINESS ENTERPRISE CENTER EAST — Mission, Financials & Grants Received | Grantivo