FURP.ORG / PUBLIC DATA EXPLORER

WOMENS ECONOMIC VENTURES: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
WOMENS ECONOMIC VENTURES (EIN 95-3674624)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-04
IRS object ID
202103089349304115
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-04T16:24:45-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953680171PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCGOWAN GUNTERMANNBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 E VICTORIA ST 2ND FLORAddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP931012018ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN953674624EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WOMENS ECONOMIC VENTURESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWOMEBusinessNameControlTxt
Phone8059656073PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121 E CANON PERDIDO ST SUITE 301AddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP93101ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHY ODELLPersonNm
Person TitleCEOPersonTitleTxt
Phone8059656073PhoneNum
Signature2021-11-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKATHYPersonFirstNm
Person LastODELLPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISLEY N REED CPAPreparerPersonNm
PTINP00025230PTIN
Phone8059629175PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerKATHY ODELLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line121 E CANON PERDIDO ST SUITE 301AddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP93101ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,894,605GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WEVONLINE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionWOMENS ECONOMIC VENTURES (WEV) IS DEDICATED TO CREATING AN EQUITABLE AND JUST SOCIETY THROUGH THE ECONOMIC EMPOWERMENT OF WOMEN.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee42TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,282,910PYContributionsGrantsAmt
CY Contributions Grants$2,938,526CYContributionsGrantsAmt
PY Program Service Revenue$218,083PYProgramServiceRevenueAmt
CY Program Service Revenue$187,162CYProgramServiceRevenueAmt
PY Investment Income$72,897PYInvestmentIncomeAmt
CY Investment Income$37,963CYInvestmentIncomeAmt
PY Other Revenue-$20,394PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,553,496PYTotalRevenueAmt
CY Total Revenue$3,163,651CYTotalRevenueAmt
PY Grants And Similar Paid$381,625PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,816,443PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,515,297CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$302,218CYTotalFundraisingExpenseAmt
PY Other Expenses$524,794PYOtherExpensesAmt
CY Other Expenses$534,641CYOtherExpensesAmt
PY Total Expenses$2,722,862PYTotalExpensesAmt
CY Total Expenses$3,049,938CYTotalExpensesAmt
PY Revenues Less Expenses-$169,366PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$113,713CYRevenuesLessExpensesAmt
Total Assets BOY$5,632,860TotalAssetsBOYAmt
Total Assets EOY$6,648,216TotalAssetsEOYAmt
Total Liabilities BOY$1,433,348TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,988,621TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,199,512NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,659,595NetAssetsOrFundBalancesEOYAmt
MissionWOMENS ECONOMIC VENTURES (WEV) IS DEDICATED TO CREATING AN EQUITABLE AND JUST SOCIETY THROUGH THE ECONOMIC EMPOWERMENT OF WOMEN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,162,346ExpenseAmt
Revenue$187,162RevenueAmt
DescWOMEN'S ECONOMIC VENTURES (WEV) PROVIDES SMALL BUSINESS LOANS, BUSINESS TRAINING, AND TECHNICAL ASSISTANCE TO HELP PRIMARILY LOW-INCOME WOMEN START OR EXPAND A SMALL BUSINESS. WEV IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND PROVIDES MICRO ENTERPRISE LOANS OF UP TO $25,000 TO STARTUPS AND BUSINESS EXPANSION LOANS OF UP TO $150,000 TO PRE-BANKABLE BUSINESSES. WEV SERVES BOTH MEN AND WOMEN IN ALL PROGRAMS. IN 2020 WEV PROVIDED TRAINING AND TECHNICAL ASSISTANCE, INCLUDING 2,039 SESSIONS OF INDIVIDUAL CONSULTING TO 269 CLIENTS AND PROVIDED 74 MICRO LOANS TOTALING $932,500.Desc
Total Program Service Expenses$2,162,346TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document16IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee42EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHY ODELLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8059656073PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121 E CANON PERDIDO ST SUITE 301AddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP93101ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MELISSA LIVINGSTON
CHAIR2.00Yes (X)Yes (X)$0$0$0
ANDY WINCHESTER
CO-VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
BANKS STAPLES PECHT
CO-VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
LINDA ROSSI
SECRETARY2.00Yes (X)Yes (X)$0$0$0
NANCY CROUSE
TREASURER2.00Yes (X)Yes (X)$0$0$0
ARUNI BOTEJU
BOARD MEMBER2.00Yes (X)$0$0$0
EMMA BRIDGES
BOARD MEMBER2.00Yes (X)$0$0$0
KRISTINA ERIKSEN
BOARD MEMBER2.00Yes (X)$0$0$0
JAYME GARONE
BOARD MEMBER2.00Yes (X)$0$0$0
CHERYL HEITMANN
BOARD MEMBER2.00Yes (X)$0$0$0
JUNEMARIE JUSTUS
BOARD MEMBER2.00Yes (X)$0$0$0
ELAINE KITAGAWA
BOARD MEMBER2.00Yes (X)$0$0$0
EMILY LATOUR
BOARD MEMBER2.00Yes (X)$0$0$0
ROSANNE WELCHER
BOARD MEMBER2.00Yes (X)$0$0$0
JOEY ZUMAYA
BOARD MEMBER2.00Yes (X)$0$0$0
KATHY ODELL
EXECUTIVE DIRECTOR40.00Yes (X)$180,646$0$1,286
DEBORAH RIVAS
CONTROLLER40.00Yes (X)$100,205$0$4,016
MARSHA BAILEY
FOUNDER AND CEO EMERITA40.00$174,303$0$7,125Yes (X)
MARNI BROOK
DIRECTOR OF LENDING40.00$106,674$0$15,833Yes (X)
BARBARA MACNAUGHTON
DIRECTOR OF DEVELOPMENT40.00$101,177$0$10,692Yes (X)
AMY FLETCHER
DIRECTOR OF IMPACT40.00$100,946$0$11,245Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$763,951TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$50,197TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$1,340,217GovernmentGrantsAmt
All Other Contributions$1,598,309AllOtherContributionsAmt
Total Contributions$2,938,526TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LOAN INTEREST EARNED900099$94,657$94,657
EDUCATION PROGRAM FEES900099$81,434$81,434
LOAN FEES EARNED900099$5,811$5,811
OTHER INCOME900099$5,260$5,260
FieldValueIRS element (for citing)
Total Program Service Revenue$187,162TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$60,876TotalRevenueColumnAmt
Exclusion$60,876ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$708,041SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$730,954SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$22,913SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$22,913TotalRevenueColumnAmt
Exclusion-$22,913ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,163,651TotalRevenueColumnAmt
Related Or Exempt Func Income$187,162RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$37,963ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$282,904TotalAmt
Program Services$127,182ProgramServicesAmt
Management And General$128,469ManagementAndGeneralAmt
Fundraising$27,253FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,934,394TotalAmt
Program Services$1,474,571ProgramServicesAmt
Management And General$272,425ManagementAndGeneralAmt
Fundraising$187,398FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$47,124TotalAmt
Program Services$39,306ProgramServicesAmt
Management And General$3,921ManagementAndGeneralAmt
Fundraising$3,897FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$96,664TotalAmt
Program Services$87,632ProgramServicesAmt
Fundraising$9,032FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$154,211TotalAmt
Program Services$117,348ProgramServicesAmt
Management And General$21,772ManagementAndGeneralAmt
Fundraising$15,091FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,900TotalAmt
Program Services$5,900ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,850TotalAmt
Management And General$14,850ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$25,662TotalAmt
Management And General$25,662ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$122,743TotalAmt
Program Services$40,985ProgramServicesAmt
Management And General$79,742ManagementAndGeneralAmt
Fundraising$2,016FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$91,018TotalAmt
Program Services$81,994ProgramServicesAmt
Management And General$4,543ManagementAndGeneralAmt
Fundraising$4,481FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,779TotalAmt
Program Services$1,590ProgramServicesAmt
Management And General$2,154ManagementAndGeneralAmt
Fundraising$35FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$15,965TotalAmt
Program Services$15,965ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,334TotalAmt
Program Services$1,200ProgramServicesAmt
Management And General$67ManagementAndGeneralAmt
Fundraising$67FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$26,251TotalAmt
Program Services$11,841ProgramServicesAmt
Management And General$12,846ManagementAndGeneralAmt
Fundraising$1,564FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPLIES AND SERVICES$177,860$107,553$18,923$51,384
LOAN LOSS PROVISION$30,716$30,716
OTHER OPERATING$18,563$18,563

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,049,938TotalAmt
Program Services$2,162,346ProgramServicesAmt
Management And General$585,374ManagementAndGeneralAmt
Fundraising$302,218FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,578,834BOYAmt
EOY$1,952,176EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$478,107BOYAmt
EOY$174,530EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$137,961BOYAmt
EOY$184,045EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$767,206BOYAmt
EOY$1,249,262EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,814BOYAmt
EOY$32,314EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$32,400LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$32,400LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,333BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,653,921BOYAmt
EOY$3,048,294EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,684BOYAmt
EOY$7,595EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,632,860BOYAmt
EOY$6,648,216EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$115,911BOYAmt
EOY$374,645EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$113,805EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$250,000BOYAmt
EOY$232,289EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,067,437BOYAmt
EOY$1,267,882EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,433,348BOYAmt
EOY$1,988,621EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,748,867BOYAmt
EOY$3,380,970EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,450,645BOYAmt
EOY$1,278,625EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,199,512BOYAmt
EOY$4,659,595EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,632,860BOYAmt
EOY$6,648,216EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$113,713ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$346,370NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,420,851CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,284,456CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$163,987CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,280,740CurrentTaxYearMinus1YearAmt
Current Tax Year$2,938,526CurrentTaxYearAmt
Total$8,088,560TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,420,851CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,284,456CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$163,987CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,280,740CurrentTaxYearMinus1YearAmt
Current Tax Year$2,938,526CurrentTaxYearAmt
Total$8,088,560TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,395,995SubstantialContributorsTotAmt
Public Support Total170$5,692,565PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$86,038CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$40,357CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,981CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$73,680CurrentTaxYearMinus1YearAmt
Current Tax Year$60,876CurrentTaxYearAmt
Total$285,932TotalAmt
FieldValueIRS element (for citing)
Total Support$8,374,492TotalSupportAmt
Public Support CY1700.67980PublicSupportCY170Pct
Public Support PY1700.74750PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,653,691BeginningYearBalanceAmt
Contributions$40,000ContributionsAmt
Investment Earnings Or Losses$358,671InvestmentEarningsOrLossesAmt
End Year Balance$3,052,362EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$345,219BeginningYearBalanceAmt
Contributions$2,040,000ContributionsAmt
Investment Earnings Or Losses$268,472InvestmentEarningsOrLossesAmt
End Year Balance$2,653,691EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$331,307BeginningYearBalanceAmt
Contributions$40,000ContributionsAmt
Investment Earnings Or Losses-$23,997InvestmentEarningsOrLossesAmt
Administrative Expenses$2,091AdministrativeExpensesAmt
End Year Balance$345,219EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$264,785BeginningYearBalanceAmt
Contributions$30,000ContributionsAmt
Investment Earnings Or Losses$38,148InvestmentEarningsOrLossesAmt
Administrative Expenses$1,626AdministrativeExpensesAmt
End Year Balance$331,307EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$243,551BeginningYearBalanceAmt
Contributions$5,305ContributionsAmt
Investment Earnings Or Losses$17,073InvestmentEarningsOrLossesAmt
Administrative Expenses$1,144AdministrativeExpensesAmt
End Year Balance$264,785EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.82720BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.11140PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.06140TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,263OtherCostOrOtherBasisAmt
Depreciation$7,263DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,134OtherCostOrOtherBasisAmt
Depreciation$15,134DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,003OtherCostOrOtherBasisAmt
Depreciation$10,003DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
ADVANCES RECEIVED FOR LENDING PURPOSES$312,311
DEFERRED LOAN FEES$5,571
SUBORDINATED LOAN PAYABLE$750,000
NON-INTEREST BEARING DEPOSITS$200,000
FieldValueIRS element (for citing)
Total Liability$1,267,882TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,484,359TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$346,370NetUnrealizedGainsInvstAmt
Revenue Not Reported$346,370RevenueNotReportedAmt
Revenue Subtotal$3,137,989RevenueSubtotalAmt
Investment Expenses Not Incld$25,662InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$25,662RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,163,651TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,024,276TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,024,276ExpensesSubtotalAmt
Investment Expenses Not Incld2$25,662InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$25,662ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,049,938TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:INCOME FROM ENDOWMENT FUNDS IS USED TO OFFSET EXPENSES OF WEV'S PROGRAMS.
PART X, LINE 2:WEV IS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC 501 (C)(3) AND STATE INCOME TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701 (D), THEREFORE, NO AMOUNTS FOR INCOME TAXES ARE REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. WEV IS NOT A PRIVATE FOUNDATION FOR INCOME TAX PURPOSES. WEV IS NOT AWARE OF ANY TRANSACTIONS THAT WOULD AFFECT ITS TAX-EXEMPT STATUS. WEV EVALUATES UNCERTAIN TAX POSITIONS, WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLY AND REASONABLY ESTIMABLE. AS OF DECEMBER 31, 2020, WEV HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. WEV FILES TAX RETURNS IN CALIFORNIA AND U.S. FEDERAL JURISDICTIONS. WEV IS NO LONGER SUBJECT TO US FEDERAL, STATE, AND LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017 AND 2016, RESPECTIVELY.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KATHY ODELL
EXECUTIVE DIRECTOR$180,646$0$0$0$0$0$0$0$1,286$0$181,932$0$0$0
MARSHA BAILEY
FOUNDER AND CEO EMERITA$174,303$0$0$0$0$0$5,251$0$1,874$0$181,428$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BWOMENS ECONOMIC VENTURES HAS A FINANCE COMMITTEE, WHICH REVIEWS THE AUDIT UPON COMPLETION. THE FINANCE COMMITTEE REVIEWS THE 990 BEFORE IT IS SIGNED BY THE PRESIDENT/CEO AND FILED.
FORM 990, PART VI, SECTION B, LINE 12CWEV HAS A CONFLICT OF INTEREST POLICY WHICH IS DISTRIBUTED ANNUALLY TO EACH BOARD MEMBER AND REQUIRES SIGNED ACKNOWLEDGEMENT.
FORM 990, PART VI, SECTION B, LINE 15SECTION B, LINE 15A COMPENSATION FOR THE CEO AND TOP MANAGERS IS REVIEWED ANNUALLY AS PART OF THE ORGANIZATION'S ANNUAL BUDGET PROCESS AND IS CONNECTED WITH ANNUAL PERFORMANCE REVIEWS CONDUCTED BY THE CEO AND BOARD EXECUTIVE COMMITTEE. MANAGEMENT STAFF CREATES A BUDGET DRAFT WHICH IS REVIEWED BY THE BOARD FINANCE COMMITTEE PRIOR TO SUBMISSION TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL IN THE FOURTH QUARTER. SECTION B, LINE 15B THE EXECUTIVE COMMITTEE FUNCTIONS AS THE PERSONNEL COMMITTEE THAT YEARLY REVIEWS THE SALARY OF CEO. THE CEO YEARLY REVIEWS ALL STAFF SALARIES.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST, GOVERNING DOCUMENTS ARE SUPPLIED BY THE CEO OR GRANTS MANAGER.
FORM 990, PART XII, QUESTION 2CWEV HAS A FINANCE COMMITTEE, WHICH REVIEWS THE AUDIT UPON COMPLETION. THE FINANCE COMMITTEE REVIEWS THE 990 BEFORE IT IS SIGNED BY THE PRESIDENT/CEO AND FILED.