2022-07-21T09:08:27-05:00 2021-12-31 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2021-01-01 061493737 WOMEN'S BUSINESS DEVELOPMENT COUNCIL INC WOME 2033531750 184 BEDFORD STREET STAMFORD CT 06901 FRAN PASTORE PRESIDENT & CEO 2033531750 2022-07-21 1 FRAN PASTORE 999009999 KIMBERLY NAPP P01390521 8605223111 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z FRAN PASTORE 184 BEDFORD STREET STAMFORD CT 06901 5375239 0 X WWW.CTWBDC.ORG X 1998 CT WBDC HELPS WOMEN ACHIEVE ECONOMIC SELF-RELIANCE BY EDUCATING AND COUNSELING THEM TO START AND GROW BUSINESSES, RESULTING IN JOB CREATION AND COMMUNITY VITALITY. 22 22 33 187 0 0 4074434 5277735 9650 19542 743 802 228306 -39012 4313133 5259067 1764530 1075594 0 0 1641162 2170531 0 0 443660 533921 887104 3939613 4133229 373520 1125838 4156512 3884077 3180761 1782488 975751 2101589 X THE MISSION OF THE WOMEN'S BUSINESS DEVELOPMENT COUNCIL (WBDC) IS TO ASSIST, SUPPORT AND CHAMPION THE ECONOMIC SUCCESS OF WOMEN THROUGH ENTREPRENEURIAL AND FINANCIAL EDUCATION AND THEREBY STRENGTHEN OUR COMMUNITIES THROUGH THE CREATION AND RETENTION OF SUSTAINABLE BUSINESSES, NEW JOBS, AND THE PROMOTION OF FINANCIAL SELF-SUFFICIENCY. 0 0 3409565 1075594 19643 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 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. 3409565 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 85 0 1 33 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X TRACY GIBBONS 2033531750 184 BEDFORD STREET STAMFORD CT 06901 ELIZABETH T HIRSCH CHAIR 1.00 X X 0 0 0 SHARON KANE VICE CHAIR 1.00 X X 0 0 0 VANESSA ABRAHAMS-JOHN DIRECTOR 1.00 X 0 0 0 GAIL LEHMAN DIRECTOR 1.00 X 0 0 0 ELIF AFFAN DIRECTOR 1.00 X 0 0 0 SHOSHANA LUBIN DIRECTOR 1.00 X 0 0 0 SANDRA ARKELL DIRECTOR 1.00 X 0 0 0 PATTI MELICK DIRECTOR 1.00 X 0 0 0 GREG BEHRMAN DIRECTOR 1.00 X 0 0 0 ELANA MILIANTA DIRECTOR 1.00 X 0 0 0 CHANTAL COFFY DIRECTOR 1.00 X 0 0 0 FLAVIA NASLAUSKY DIRECTOR 1.00 X 0 0 0 MOIRA COLLINS DIRECTOR 1.00 X 0 0 0 SUSIE ROBINSON DIRECTOR 1.00 X 0 0 0 JANET DEFRINO DIRECTOR 1.00 X 0 0 0 JACKIE RYAN DIRECTOR 1.00 X 0 0 0 KERRI HOLLOWAY DIRECTOR 1.00 X 0 0 0 CAROLINE SIMMONS DIRECTOR 1.00 X 0 0 0 EVELYN ISAIA DIRECTOR 1.00 X 0 0 0 KIMBERLY WIEHL DIRECTOR 1.00 X 0 0 0 DENISE KAUFMAN DIRECTOR 1.00 X 0 0 0 REBECCA WILSON DIRECTOR 1.00 X 0 0 0 BRENDA THICKETT VP OF PROGRAMS 1.00 X 120000 0 10742 DOROTHY BRATCHELL COO 40.00 X 156788 0 13896 FRAN PASTORE PRESIDENT AND CEO 40.00 X 250386 0 22833 TRACY GIBBONS CFO 40.00 X 75000 0 0 602174 0 47471 3 0 1 0 0 346349 2974722 1956664 5277735 PROGRAM SERVICE FEES 611430 19542 19542 19542 802 802 77059 346349 116172 -39113 -39113 MISCELLANEOUS 611430 101 101 101 5259067 19643 0 -38311 X 1075594 1075594 583193 417760 61841 103592 1261035 903321 133718 223996 171476 122837 18182 30457 154827 110910 16417 27500 19000 16530 1140 1330 447898 389671 26876 31351 21340 18565 1281 1494 144413 125642 8664 10107 148756 129419 8924 10413 21020 18289 1260 1471 5900 5132 355 413 4174 3633 249 292 10765 9365 646 754 PROGRAM CONSULTANTS 53432 53432 DUES AND SUBSCRIPTIONS 7025 6084 451 490 PROGRAM SUPPLIES 3381 3381 4133229 3409565 280004 443660 363243 849577 3409893 2529724 358753 433294 5711 48736 64215 61789 6600 2426 0 10000 12312 10320 4156512 3884077 1730216 76563 1450545 1705925 3180761 1782488 X 812251 1226121 163500 875468 975751 2101589 4156512 3884077 1125838 0 X X 0 1 X 1 1 1 X 1559981 1552322 1689292 4074434 5277735 14153764 1559981 1552322 1689292 4074434 5277735 14153764 14153764 394 918 1143 743 802 4000 14157764 73919 0.99970 0.99970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64215 61789 2426 2426 REFUNDABLE ADVANCE 1705925 1705925 5306802 47735 47735 5259067 0 5259067 4180964 47735 47735 4133229 0 4133229 GALA 423408 346349 77059 3560 112612 0 423408 346349 77059 3560 112612 116172 -39113 1 A LITTLE COMPASSION INC 10000 0 EQUITY GRANTS ARCHITECTURAL STONE LLC 10000 0 EQUITY GRANTS ASHLI ESTEVES-NELSON 10000 0 EQUITY GRANTS BARKAR INC DBA BK&CO 10000 0 EQUITY GRANTS BEEHIVE COUNSELING & WELLNESS LLC 10000 0 EQUITY GRANTS BETHESDA NURSERY SCHOOL INC 0 5354 TECH GRANT BLAZING FRESH DONUTS LLC 10000 0 EQUITY GRANTS BRODEUR LAW FIRM LLC 10000 0 EQUITY GRANTS C LASALLE DESIGN LLC DBA SALT N RAYS 10000 0 EQUITY GRANTS CERAMICS BY KIARA MATOS 10000 0 EQUITY GRANTS CHANEL MEYERS LMFT LLC 10000 0 EQUITY GRANTS CHRISTINE ZWEIGLE CONSULTING LLC 8510 0 EQUITY GRANTS CJ DRY CLEANERS 10000 0 EQUITY GRANTS CLARUS TECH PARTNERS INC 10000 0 EQUITY GRANTS CREATIVE ME 10000 0 EQUITY GRANTS CURA HOME CARE SERVICES LLC 10000 0 EQUITY GRANTS DEW YOGA 10000 0 EQUITY GRANTS EDGESPACE MARKETING LLC 10000 0 EQUITY GRANTS EMMAUS HEALTH LLC 10000 0 EQUITY GRANTS ENVY HAIR SALON AND SPA LLC 10000 0 EQUITY GRANTS FACCHINI FITNESS LLC 10000 0 EQUITY GRANTS FARMER JOE'S GARDENS LLC 10000 0 EQUITY GRANTS FARMINGTON FARM TRUCK LLC 10000 0 EQUITY GRANTS FIRST CALVARY BAPTIST CHURCH 16466 0 CHILD CARE GRANTS GLORY DAYS LLC 10000 0 EQUITY GRANTS HAIR BY JENNIFER MARIE LLC 10000 0 EQUITY GRANTS HARTFORD PRINTS LLC 10000 0 EQUITY GRANTS HAVENLY INC 8086 0 EQUITY GRANTS HEALING SPRINGS WELLNESS CENTER LLC 10000 0 EQUITY GRANTS HOME VETERINARY SERVICES LLC 10000 0 EQUITY GRANTS HOT MONKEY NUTS LLC 10000 0 EQUITY GRANTS ILLUMINA SKIN CARE MASSAGE LLC 9540 0 EQUITY GRANTS INFINITY MUSIC THERAPY SERVICES 10000 0 EQUITY GRANTS IPAO CREATIVE 10000 0 EQUITY GRANTS IRIS PHOTOGRAPHY LLC 5060 0 EQUITY GRANTS IVY'S SIMPLY HOMEMADE LLC 9239 0 EQUITY GRANTS JEANMAE LLC DBA SPA AT LITCHFIELD HILLS 10000 0 EQUITY GRANTS KATHERINE LAPIETRA 8394 0 EQUITY GRANTS KINNEY LANE FOOD LLC 10000 0 EQUITY GRANTS KNOWLEDGE DESIGNS TO CHANGE LLC 7150 0 EQUITY GRANTS KOKO FLORAL DESIGN LLC 10000 0 EQUITY GRANTS KUIREN OUELLETTE LLC 10000 0 EQUITY GRANTS LAW OFFICES OF KERRY A SOCHA LLC 10000 0 EQUITY GRANTS LDM MANUFACTURING INC 10000 0 EQUITY GRANTS LITTLE HOUSE IN THE COUNTRY CHILD CARE LLC 0 6167 TECH GRANT LJR IMAGES LLC 10000 0 EQUITY GRANTS LOGO MY PROMO LLC 6700 0 EQUITY GRANTS LOVELY CAKES LLC 10000 0 EQUITY GRANTS MARIE'S FITNESS AND MASSAGE CENTER LLC 9911 0 EQUITY GRANTS MICHELLE H BLAIS DBA MB GRAPHIC DESIGN 10000 0 EQUITY GRANTS MN ENTERPRISE DBA A TOUCH OF BLISS 10000 0 EQUITY GRANTS MOLLY HIRSCH INTERIORS LLC 10000 0 EQUITY GRANTS NALA'S KITCHEN LLC 10000 0 EQUITY GRANTS NEW PARK CREATIVE LLC 9888 0 EQUITY GRANTS NOMADIC ENTERPRISES LLC DBA MALABAR 10000 0 EQUITY GRANTS PEEK STUDIO 10000 0 EQUITY GRANTS PHOTOGRAPHY BY SISSELA 10000 0 EQUITY GRANTS PLATINUM SALON 10000 0 EQUITY GRANTS POWER SOURCE FUNCTIONAL THERAPY LLC 10000 0 EQUITY GRANTS PRECISION DENTAL CARE LLC 10000 0 EQUITY GRANTS QUALITY COUNSELING 10000 0 EQUITY GRANTS RHODES COLLAR LLC 9000 0 EQUITY GRANTS RHYTHM BREWING CO 10000 0 EQUITY GRANTS ROMP N' ROLL WETHERFIELD 10000 0 EQUITY GRANTS SANI-BRANDS INC 10000 0 EQUITY GRANTS SEAGULL VENTURES DBA SEAGULL SPEECH & LAN 10000 0 EQUITY GRANTS SELECT SEEDS 10000 0 EQUITY GRANTS SHORELINE WELLNESS CENTER LLC 10000 0 EQUITY GRANTS SIGNATURE A LLC 10000 0 EQUITY GRANTS SIMONE MORRIS ENTERPRISES LLC 9941 0 EQUITY GRANTS SUCCESSFUL STUDY SKILLS 4 STUDENTS LLC 9940 0 EQUITY GRANTS TALCOTT DENTAL CARE LLC 10000 0 EQUITY GRANTS THE FAMILY BRICK OVEN PIZZA TRUCK LLC 10000 0 EQUITY GRANTS THE GREEN TEAHOUSE INC 10000 0 EQUITY GRANTS THE PERFORMANCE LAB LLC 10000 0 EQUITY GRANTS THE SCHWERDTLE STAMP COMPANY 10000 0 EQUITY GRANTS THE STUDIO FAIRFIELD 10000 0 EQUITY GRANTS TRADE LABELS INC 10000 0 EQUITY GRANTS UNITED METHODIST PRESCHOOL 0 5417 TECH GRANT UNITED SEWING AND DESIGN LLC 9943 0 EQUITY GRANTS W RHYTHM FITNESS LLC 10000 0 EQUITY GRANTS WATCH ME GROW EARLY CARE & EDUCATION CENTER INC 0 5028 TECH GRANT WHIPPED UP LLC 10000 0 EQUITY GRANTS WILCOX WELLNESS LLC 10000 0 EQUITY GRANTS WORDS ON WOOD 10000 0 EQUITY GRANTS OTHER 0 9141 TECH GRANT PART I, LINE 2: DESCRIPTION OF GRANTS: EQUITY GRANTS (EMG): CASH GRANT AWARD TO WOMEN OR MINORITY-OWNED BUSINESS OPERATING WITH SALES FOR AT LEAST 2 YEARS FOR A CLEARLY DEFINED PROJECT THAT WILL HAVE A MEASURABLE IMPACT ON THE BUSINESS. TECHNOLOGY GRANTS: CT CHILDCARE PROVIDER AWARDEES RECEIVE A COMPUTER (LAPTOP OR DESKTOP) OR AN IPAD, PRINTER, MICROSOFT OFFICE AND KEY BUSINESS SOFTWARE, INSTALLATION & SETUP OF THE DEVICES, AS WELL AS 5 HOURS OF POST-DEPLOYMENT HELP-DESK SUPPORT. CHILDCARE GRANTS: CT CHILDCARE PROVIDER ASSISTANCE GRANT TO SUPPORT BUSINESS SUSTAINABILITY AND GROWTH. PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INCLUDE: USE OF GRANTS MANAGEMENT SOFTWARE TO TRACK AND SCREEN FOR REQUIRED ELIGIBILITY CRITERIA ALLOWING FOR MULTIPLE ROUNDS OR LEVELS OF REVIEW; GRANT REVIEWER FEEDBACK FORMS AND QUALITATIVE SCORING; MONITORING OF REQUIREMENTS AS WELL AS EVALUATING PROGRAM IMPACT. IMPACT SURVEYS DESIGNED TO BE SENT QUARTERLY TO GRANTEES TO TRACK PROJECT PROGRESS, BUSINESS MILESTONES ACHIEVED AND ECONOMIC IMPACT; CLIENT ENGAGEMENT SYSTEM TO MAINTAIN ONGOING COMMUNICATION WITH GRANTEES X 0 0 0 0 0 0 0 0 0 FRAN PASTORE PRESIDENT AND CEO 250386 0 0 0 0 0 8397 0 14436 0 273219 0 0 0 DOROTHY BRATCHELL COO 156788 0 0 0 0 0 4818 0 9078 0 170684 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A PDF COPY OF THE FORM 990 WILL BE SENT VIA EMAIL TO THE DIRECTORS WHO ARE FINANCE COMMITTEE MEMBERS BEFORE THE 990 IS FILED. ALL OTHER DIRECTORS ARE INFORMED THAT THE 990 IS READY FOR REVIEW AT THEIR CONVENIENCE. FORM 990, PART VI, SECTION B, LINE 12C WBDC REQUIRES THE TRUSTEES, DIRECTORS, OFFICERS AND KEY EMPLOYEES TO COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY UPON JOINING THE ORGANIZATION AND ANY TIME THERE IS AN AMENDMENT OR CHANGE OF CIRCUMSTANCE. FORM 990, PART VI, SECTION B, LINE 15 A CAREFUL REVIEW OF SALARIES IS CONDUCTED THROUGHOUT THE AREA AS WELL AS A REGIONAL AND NATIONAL REVIEW. THIS REVIEW IS BASED ON OTHER NON-PROFITS, PUBLIC AGENCIES, AND OTHER BUSINESS ENTITIES THAT MAY BE COMPARABLE. THE EXECUTIVE DIRECTOR AND CHIEF OPERATION OFFICER ARE RESPONSIBLE FOR ANNUALLY REVIEWING THE COMPENSATION. A COMPENSATION RECOMMENDATION IS THEN MADE TO THE CHAIRMAN OF THE BOARD OF DIRECTORS AND FINANCE COMMITTEE. THE DECISION IS ULTIMATELY BASED ON THE NEEDS OF THE ORGANIZATION AND THE AVAILABILITY OF FUNDS. FORM 990, PART VI, SECTION C, LINE 19 WBDC WILL MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AS WELL AS THEIR FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE UPON REQUEST IN ADDITION TO IT BEING POSTED ON GUIDESTAR. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES AND CONSULTING: PROGRAM SERVICE EXPENSES 389,671. MANAGEMENT AND GENERAL EXPENSES 26,876. FUNDRAISING EXPENSES 31,351. TOTAL EXPENSES 447,898. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.