2021-11-12T12:59:58-06:00 2020-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2020-01-01 043256236 CENTER FOR WOMEN & ENTERPRISE INC CENT 6175360700 44 SCHOOL STREET NO 200 BOSTON MA 02108 GABY KING MORSE PRESIDENT/CEO 6175360700 2021-11-05 1 GABY KING MORSE XXX-XX-XXXX KATIE BELANGER CPA P01585213 5083669100 2021-11-05 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z GABY KING MORSE 44 SCHOOL STREET NO 200 BOSTON MA 02108 3446565 0 X WWW.CWEONLINE.ORG X 1995 MA EDUCATION, TRAINING, CONSULTING, TECHNICAL ASSISTANCE AND CERTIFICATION FOR ENTREPRENEURS. 23 22 34 145 0 0 2225570 3045260 392951 401305 0 0 58981 0 2677502 3446565 0 0 0 0 1865230 2104770 0 0 400707 1116661 1227011 2981891 3331781 -304389 114784 829121 1442088 901559 1399742 -72438 42346 X THE CENTER FOR WOMEN & ENTERPRISE EMPOWERS WOMEN TO BE ECONOMICALLY SELF-SUFFICIENT AND TO PROSPER THROUGH BUSINESS AND ENTREPRENEURSHIP. 0 0 1862276 25780 EDUCATION: SINCE ITS FOUNDING IN 1995, THE CENTER FOR WOMEN & ENTERPRISE HAS TRAINED 60,600 ASPIRING SMALL BUSINESS OWNERS WHO HAVE CREATED 57,500 JOBS AND PAID $1.6 BILLION IN WAGES TO THEIR EMPLOYEES. WE PROVIDE COMPREHENSIVE PROGRAMS AND SERVICES FOR ENTREPRENEURS AND BUSINESS OWNERS IN MASSACHUSETTS, NEW HAMPSHIRE, RHODE ISLAND, AND VERMONT, WHICH ADDRESS THE FULL CONTINUUM OF THEIR BUSINESSES' LIFECYCLES. CWE OFFERS ONSITE, ONLINE AND WORKSHOPS IN THE COMMUNITIES WE SERVE ON CRITICALLY RELEVANT TOPICS INCLUDING FINANCIAL LITERACY, BUSINESS PLAN CREATION, FINANCING OPTIONS, AND VISIONING, ALL DESIGNED TO STRENGTHEN WOMEN AND VETERAN OWNED BUSINESSES. IN 2020, CWE TRAINED AND COUNSELED MORE THAN 4,902 WOMEN (AND MEN) AND HELPED ENTREPRENEURS TO CREATE 2,060 JOBS. CLASSES ARE OPEN TO ALL, WITH FINANCIAL ASSISTANCE AVAILABLE TO THOSE IN NEED. 414042 375525 CERTIFICATION: THE CENTER FOR WOMEN & ENTERPRISE OFFERS WOMEN BUSINESS OWNERS THE ABILITY TO OBTAIN FORMAL STATUS OF THEIR DIVERSITY THROUGH A VARIETY OF CERTIFICATIONS. CERTIFICATION ALLOWS BUSINESSES TO BID ON CONTRACTS AS A DIVERSE VENDOR IN BOTH THE PRIVATE AND PUBLIC SECTOR. IT IS AN IMPORTANT TOOL FOR EXPANDING THE VISIBILITY OF A COMPANY AMONG DECISION MAKERS IN SUPPLIER DIVERSITY AND PROCUREMENT. CWE IS THE REGIONAL PROVIDER OF THE WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL (WBENC), THE PREMIERE PRIVATE SECTOR CERTIFICATION THAT GIVES WOMEN-OWNED BUSINESSES AN ADVANTAGE IN THE CORPORATE BIDDING ARENA. WE ALSO OFFER THE WOMEN OWNED SMALL BUSINESS (WOSB-FEDERAL) AS A SECONDARY CERTIFICATION AT NO ADDITIONAL COST. THIS CERTIFICATION IS REQUIRED FOR WOMEN-OWNED BUSINESSES THAT WANT TO BID ON FEDERAL CONTRACTS IN THE PUBLIC SECTOR. IN 2020, CWE CERTIFIED OVER 400 WOMEN-OWNED BUSINESSES THROUGH THE WBENC. 2276318 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 66 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA RI NH X GABY KING MORSE PRESIDENTCEO 6175360700 44 SCHOOL STREET STE 200 BOSTON MA 02108 GABRIELLE KING MORSE PRESIDENT & CEO; BOARD MEMBER 40.00 X X 200073 0 14470 KIMBERLY ZOUZOUA VP STRATEGIC PARTNERSHIPS 40.00 X 140119 0 17816 AMY GRONDIN VP FINANCE 40.00 X 118749 0 7274 MICHELLE RIENDEAU VP MARKETING & COMMUNICATIONS 40.00 X 104284 0 8072 LISA WOOD BOARD CHAIR 10.00 X X 0 0 0 CYNTHIA SMITH TREASURER AND BOARD MEMBER 5.00 X X 0 0 0 STEPHANIE PARE SULLIVAN SECRETARY AND BOARD MEMBER 3.00 X X 0 0 0 AMY ACAMPORA BOARD MEMBER 3.00 X 0 0 0 JOEL ADLER BOARD MEMBER 3.00 X 0 0 0 KAREN COPENHAVER BOARD MEMBER 3.00 X 0 0 0 MARYALICE DECAMP BOARD MEMBER 3.00 X 0 0 0 JESSYCA FELICIANO BOARD MEMBER 3.00 X 0 0 0 VICKI GRAY BOARD MEMBER 3.00 X 0 0 0 DAVE GUSELLA BOARD MEMBER 3.00 X 0 0 0 ELLEN HOFFMAN BOARD MEMBER 3.00 X 0 0 0 ROBIN KRAMER BOARD MEMBER 3.00 X 0 0 0 PAMELA LENEHAN BOARD MEMBER 3.00 X 0 0 0 JORDAN LITKE BOARD MEMBER 3.00 X 0 0 0 NAHEED MALIK BOARD MEMBER 3.00 X 0 0 0 MARCIA MORRIS BOARD MEMBER 3.00 X 0 0 0 SUSAN LOCONTO PENTA BOARD MEMBER 3.00 X 0 0 0 ASHLEY REICHHELD BOARD MEMBER 3.00 X 0 0 0 DOUG SHAW BOARD MEMBER 3.00 X 0 0 0 JACQUELINE TAYLOR BOARD MEMBER 3.00 X 0 0 0 DEB THOMAS BOARD MEMBER 3.00 X 0 0 0 CONSTANCE WRIGHT BOARD MEMBER 3.00 X 0 0 0 JANET DUNLAP BOARD MEMBER (UNTIL 12/2020) 3.00 X 0 0 0 MARIA ABERNATHY BOARD MEMBER (UNTIL 12/2020) 3.00 X 0 0 0 SANDY LISH BOARD MEMBER (UNTIL 12/2020) 3.00 X 0 0 0 ROSLYN DAUM BOARD MEMBER (UNTIL 12/2020) 3.00 X 0 0 0 TINA BENIK BOARD MEMBER (UNTIL 12/2020) 3.00 X 0 0 0 DEREK BROOKS BOARD MEMBER (UNTIL 12/2020) 3.00 X 0 0 0 563225 0 47632 4 0 1 0 0 1926503 1118757 52842 3045260 TUITION, LESS SUBSIDIE 541900 286805 286805 CORPORATE DUES 541900 114500 114500 401305 3446565 401305 0 0 214543 107272 53636 53635 1548097 1120738 207352 220007 152355 82355 42060 27940 189775 101915 51961 35899 532 532 33466 33466 192265 116307 62495 13463 24942 2862 21166 914 96480 65690 23458 7332 221708 111606 102273 7829 273639 236271 25751 11617 10758 8781 1896 81 27751 24976 2775 36342 32708 3634 9909 8841 1068 INSTRUCTOR FEES/STIPEND 159344 159344 FUNDRAISING AND SPECIAL 51327 32249 19078 PROGRAM EVENTS AND MATE 33452 33452 TRAINING AND DEVELOPMEN 23367 14486 8881 31729 16465 12352 2912 3331781 2276318 654756 400707 255519 338503 236639 966535 160711 19500 2077 21700 9364 492246 434562 94026 57684 58449 50502 829121 1442088 306621 358225 585669 560754 9269 480763 901559 1399742 X -335438 -117654 263000 160000 -72438 42346 829121 1442088 114784 0 X X 0 1 X 1 1 1 X 2365399 2449727 2481923 2225570 3045260 12567879 2365399 2449727 2481923 2225570 3045260 12567879 159142 12408737 12567879 2432577 0.98730 0.93600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22910 21262 1648 203770 176731 27039 265566 236569 28997 57684 CONDITIONAL GRANT ADVANCES 480763 480763 X 3529255 82690 82690 3446565 0 3446565 3414471 82690 82690 3331781 0 3331781 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2020. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. X X 0 0 0 0 0 0 0 0 0 GABRIELLE KING MORSE PRESIDENT & CEO; BOARD MEMBER 200073 0 0 0 0 0 0 0 14470 0 214543 0 0 0 KIMBERLY ZOUZOUA VP STRATEGIC PARTNERSHIPS 140119 0 0 0 0 0 0 0 17816 0 157935 0 0 0 X AUCTION ITEMS 112 52842 COST OR SELLING PRIC 0 0 0 PART I, COLUMN (B): 112 REPRESENTS THE NUMBER OF AUCTION ITEMS RECEIVED. FORM 990, PART V, LINE 13A MA FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS WERE AMENDED IN 2020, WHICH INCLUDED AN ADDITION OF TERM LIMITS FOR BOARD MEMBERS. DIRECTORS WILL HAVE AN INITIAL THREE-YEAR TERM, WITH THE OPPORTUNITY TO RE-JOIN ON STAGGERED SCHEDULES, WHICH WILL ALLOW NEW MEMBERS TO JOIN. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF GOVERNANCE IN DRAFT FORM PRIOR TO FILING. THE BOARD CHAIR, BOARD TREASURER, AUDIT COMMITTEE, PRESIDENT AND CEO, AND THE DIRECTOR OF FINANCE AND ADMINISTRATION REVIEWED THE FORM IN DETAIL. A FINAL VERSION OF THE FORM, INCORPORATING THE BOARD'S COMMENTS, IS SIGNED BY THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE ORGANIZATION'S BY-LAWS AND IS CIRCULATED ANNUALLY TO THE BOARD MEMBERS AND THE PRESIDENT AND CEO. CONFLICTS ARE REPORTED TO THE BOARD CHAIRPERSON AND REVIEWED BY THE CHAIRPERSON. NO CONFLICTS HAVE BEEN REPORTED. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT AND CEO IS THE TOP MANAGEMENT OFFICIAL WHOSE COMPENSATION IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE PRESIDENT/CEO'S COMPENSATION IS COMPARED TO APPROPRIATE RANGES OF COMPENSATION FOR THE POSITION IN ORGANIZATIONS OF SIMILAR SIZE AND WITH SIMILAR RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE ON THE WEBSITE OF THE MASSACHUSETTS ATTORNEY GENERAL, DIVISION OF PUBLIC CHARITIES, AND MAY BE VIEWED OR DOWNLOADED. IT IS AN ATTACHMENT TO THE MASSACHUSETTS FORM PC FILED ANNUALLY. IT IS ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. ALTERNATIVELY, IRS FORM(S) 990 FILED WITHIN A 3-YEAR PERIOD FROM THE DATE OF FILING, ARE AVAILABLE FOR INSPECTION, AS WELL AS THE ORGANIZATION'S EXEMPTION APPLICATION, AT THE MAIN BUSINESS OFFICE OF THE ORGANIZATION AT 44 SCHOOL STREET, BOSTON, MA, 02108 DURING REGULAR BUSINESS HOURS. UPON IN-PERSON, WRITTEN OR AN E-MAIL REQUEST, A COPY WILL BE PROVIDED OF THE FORM 990, SUBJECT TO THE PAYMENT OF REASONABLE COPYING AND MAILING CHARGES, IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICES AT 44 SCHOOL STREET, BOSTON, MA 02108 DURING REGULAR BUSINESS HOURS. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH PERFORMS THIS FUNCTION.