2022-11-11T12:39:38-08:00 2021-12-31 221481139 SAMUEL KLEIN AND COMPANY 550 BROAD ST STE 11 NEWARK NJ 07102 990 2021-01-01 133807693 WOMENS VENTURE FUND INC WOME 2125630499 50 BROADWAY 29TH FLOOR NEW YORK NY 10004 MARIA OTERO President 2022-11-11 true MARIA OTERO 999009999 BRUCE W MICHEL P00381558 9736246100 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Maria Otero 50 BROADWAY 29TH FLOOR NEW YORK NY 10004 238177 false X WWW.WOMENSVENTUREFUND.COM X 1994 NY The organization helps women of diverse backgrounds establish thriving businesses in urban communities. WVF offers training, small business loans, technical assistance and a network of business advisors to help women reach their goals. 7 7 3 9 0 241860 227200 2481 10859 416 118 907 0 245664 238177 0 0 136026 182450 0 6133 45667 29972 181693 212422 63971 25755 343589 361629 16817 9102 326772 352527 The organization helps women of diverse backgrounds establish thriving businesses in urban communities. WVF offers training, small business loans, technical assistance and a network of business advisors to help women reach their goals. false false 176531 Technical Assistance & Support Services:Women's Venture Fund helps women of diverse backgrounds establish thriving businesses in urban communities through a variety of programs. WVF offere training,small business loans and a network of business advisors to help women reach their goals. 176531 true true false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 3 true 3 true false false false false false false false 0 false false false false false false false false false false X 7 7 false false false false false false false true true false false false true true true true false true true false NY X TAXPAYER 2124630499 50 BROADWAY 29TH FLOOR NEW YORK NY 10004 Maria Otero President & CEO 40.00 0.00 X X 90500 0 0 Saquib Jalil Treasurer 1.00 0.00 X 0 0 0 Tracy Caliendo Director 1.00 0.00 X 0 0 0 Rose Klimovich Director 1.00 0.00 X 0 0 0 Darrell W Gunter Director 1.00 0.00 X 0 0 0 CHERYL MILLS Director 1.00 0.00 X 0 0 0 PHOEBE WANG Director 1.00 0.00 X 0 0 0 90500 0 false false false 0 211700 15500 227200 Program Loan Interest 611430 7844 7844 Program Service Income 611430 3015 3015 10859 118 118 0 0 0 0 0 0 0 0 238177 10859 118 0 0 0 0 90500 77920 9956 2624 0 53839 46355 5923 1561 0 27570 23739 3031 800 10541 9074 1161 306 0 9100 4550 4550 0 0 0 0 0 0 4113 3565 156 392 0 0 1506 1355 151 0 0 0 0 0 0 3782 3782 CONSULTANTS 6939 5975 763 201 Technology 3104 3104 Payroll Processing 1038 894 114 30 Bank charges and loan finance 390 171 219 0 212422 176531 29758 6133 255148 259188 0 0 88016 102016 0 0 0 0 0 0 0 0 0 0 425 425 343589 361629 16817 9102 16817 9102 X 246772 243827 80000 108700 326772 352527 343589 361629 25755 X false true X true false X 259623 159500 45500 241836 227200 933659 0 0 259623 159500 45500 241836 227200 933659 0 933659 1413 322 495 416 118 2764 0 0 936423 0.99700 0.99710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 238177 238177 238177 212422 212422 212422 Part V, Line 4: Intended uses of the endowment fund. Board designated net assets (Quasi-Endowment ) in the amount of $5,000 or less represents an amount the board has designated for additional loan loss reserve Part X : FIN48 Footnote PART X LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31,2021 AND 2020. THE ORGANIZATION FILES ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE OFFICE OF THE STATE'S ATTORNEY GENERAL FOR THE STATE OF NEW JERSEY. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2019. Form 990, Part VI, Line 11b: Form 990 Review Process The board reviews form 990. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The salaries of the officers shall be fixed by resolution of the board of directorsIn all cases any salaries received shall be deemed reasonable. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The independent member of the governance board act as the audit committee and assume responsiblity for the oversignt of the audit of the financial statements and the seleciton of the indeependent auditor.