2020-11-16T08:47:17-06:00 2019-12-31 043296226 DICICCO GULMAN & COMPANY LLP 150 PRESIDENTIAL WAY SUITE 510 WOBURN MA 01801 990 2019-01-01 043256236 CENTER FOR WOMEN & ENTERPRISE INC CENT 6175360700 44 SCHOOL STREET NO 200 BOSTON MA 02108 GABY KING MORSE PRESIDENT/CEO 6175360700 2020-11-12 1 CHRISTINE MURRAY P00754498 7819375300 2020-11-08 73.68.144.36 2020-11-12 11:40:44 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 CBA9CDFC40C81EE915F2336AB738AB00774D62C3 2019 2021-01-29 14:40:06Z GABY KING MORSE 44 SCHOOL STREET STE 200 BOSTON MA 02108 2778164 0 X WWW.CWEONLINE.ORG X 1995 MA EDUCATION, TRAINING, CONSULTING, TECHNICAL ASSISTANCE AND CERTIFICATION FOR ENTREPRENEURS. 20 19 40 168 0 0 2481923 2225570 378282 392951 0 0 34580 58981 2894785 2677502 0 0 0 0 1865365 1865230 0 0 351412 1163796 1116661 3029161 2981891 -134376 -304389 1543712 829121 1311761 901559 231951 -72438 THE CENTER FOR WOMEN & ENTERPRISE EMPOWERS WOMEN TO BE ECONOMICALLY SELF-SUFFICIENT AND TO PROSPER THROUGH BUSINESS AND ENTREPRENEURSHIP. 0 0 1873222 57165 EDUCATION: WORKSHOPS, SEMINARS, MULTI WEEK COURSES, ONE-ON-ONE CONSULTING ARE INCLUDED IN THE COMPREHENSIVE PROGRAMS AND SERVICES PROVIDED FOR ENTREPRENEURS AND BUSINESSPEOPLE IN MASSACHUSETTS, RHODE ISLAND, NEW HAMPSHIRE AND VERMONT. CLASSES AND WORKSHOPS INCLUDE FINANCIAL LITERACY, BUSINESS PLAN CREATION, FINANCING OPTIONS, VISIONING AND OTHER CURRENT TOPICS DESIGNED TO STRENGTHEN WOMEN OWNED BUSINESSES. CLASSES ARE OPEN TO ALL, WITH FINANCIAL ASSISTANCE AVAILABLE TO THOSE IN NEED. 372243 282453 CERTIFICATION : CWE IS THE REGIONAL PROVIDER OF THE NATIONAL WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL CERTIFICATION FOR WOMEN OWNED BUSINESSES. THE INTENTION OF THE CERTIFICATION IS FOR WOMEN OWNED BUSINESS TO GAIN STRATEGIC ADVANTAGE WITH LARGER CORPORATIONS AND THEIR SUPPLIER DIVERSITY INITIATIVES. 2480 9802 CWE PROVIDES SMALL BUSINESS LOANS UP TO $5000 TO SMALL BUSINESS OWNERS IN RHODE ISLAND. PILOTING PROGRAM THAT LENDS UP TO $25,000. PROGRAM WAS COMPLETED IN DECEMBER 2019. 2247945 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 40 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA RI NH X X X GABY KING MORSE PRESIDENTCEO 6175360700 44 SCHOOL STREET STE 200 BOSTON MA 02108 CONSTANCE S WRIGHT BOARD MEMBER 3.00 X 0 0 0 ELLEN G HOFFMAN BOARD MEMBER 3.00 X 0 0 0 JOEL ADLER TREASURER AND BOARD MEMBER 3.00 X X 0 0 0 KAREN F COPENHAVER BOARD MEMBER 10.00 X X 0 0 0 DOUG SHAW BOARD MEMBER 3.00 X 0 0 0 JANET DUNLAP BOARD MEMBER 3.00 X 0 0 0 MARIA ABERNETHY BOARD MEMBER 3.00 X 0 0 0 SUSAN KELLER BOARD MEMBER 3.00 X 0 0 0 PAMELA F LENEHAN BOARD MEMBER 3.00 X 0 0 0 SANDY LISH BOARD MEMBER 3.00 X 0 0 0 SUSAN LOCONTO PENTA BOARD MEMBER 3.00 X 0 0 0 AMY ACAMPORA BOARD MEMBER 3.00 X 0 0 0 JACQUELINE TAYLOR SECRETARY AND BOARD MEMBER 3.00 X X 0 0 0 MARCIA MORRIS BOARD MEMBER 3.00 X 0 0 0 ROSLYN DAUM BOARD MEMBER 3.00 X 0 0 0 DEB THOMAS BOARD MEMBER 3.00 X 0 0 0 LISA WOOD BOARD CHAIR 3.00 X 0 0 0 CYNTHIA C SMITH BOARD MEMBER 5.00 X 0 0 0 TINA BENIK BOARD MEMBER 3.00 X 0 0 0 NAHEED MALIK BOARD MEMBER 3.00 X 0 0 0 DEREK BROOKS BOARD MEMBER 3.00 X 0 0 0 DAVID GUSELLA BOARD MEMBER 3.00 X 0 0 0 STEPHANIE PARE SULLIVAN BOARD MEMBER 3.00 X 0 0 0 GABRIELLE KING MORSE PRESIDENT & CEO; BOARD MEMBER 40.00 X X 83048 0 20989 MICHELLE A RIENDEAU HIGHLY COMPENSATED EMPLOYE 40.00 X 100645 0 8828 AMY GRONDIN HIGHLY COMPENSATED EMPLOYE 40.00 X 115520 0 8404 SUSAN RITTSCHER PRESIDENT & CEO; BOARD MEMBER 40.00 X 141201 0 17646 440414 0 55867 3 1 1 0 0 95686 1307777 822107 54099 2225570 TUITION, LESS SUBSIDIE 541900 392951 392951 392951 159643 95686 100662 58981 58981 2677502 392951 0 58981 262884 131442 65721 65721 1302780 1027122 98199 177459 119036 78976 16270 23790 180530 119775 24675 36080 34000 17000 17000 138681 70463 68218 62800 39931 19904 2965 55018 40281 9586 5151 390924 325953 30049 34922 70885 59989 8812 2084 39761 35784 3977 44001 39600 4401 10983 9302 1681 INSTRUCTORS FEES/STIPEN 131689 131689 OTHER EXPENSES 47764 39885 5183 2696 PROGRAM EVENTS AND MATE 43017 42628 389 EQUIPMENT RENTAL & MAIN 29453 24470 4983 17685 13655 3486 544 2981891 2247945 382534 351412 433997 255519 496069 236639 297884 160711 125877 2077 21684 21700 492246 398220 131004 94026 37197 58449 1543712 829121 294822 306621 7500 6000 150000 0 689552 585669 150000 0 19887 3269 1311761 901559 X -351070 -335438 583021 263000 231951 -72438 1543712 829121 -304389 0 X X 0 1 X 1 1 1 X 2370326 2586422 2528267 2689722 2552835 12727572 2370326 2586422 2528267 2689722 2552835 12727572 28647 12698925 119924 86548 273888 205063 154667 840090 13567662 0.93600 0.93020 X SCHEDULE A, PART II, LINE 10 EXPLANATION FOR OTHER INCOME: FUNDRAISING REVENUE NET DIRECT EXPENSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22910 19034 3876 203770 160667 43103 265566 218519 47047 94026 DEPOSITS 58449 58449 DEFERRED RENT 3269 3269 X 2832263 54099 100662 154761 2677502 0 2677502 3136652 54099 100662 154761 2981891 0 2981891 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE THE THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE TAX-EXEMPT STATUS OF AN ENTITY IS CONSIDERED A TAX POSITION. AN ADDITIONAL LIABILITY FOR UNCERTAIN TAX POSITIONS (UTPS) IS RECOGNIZED AND RECORDED AS A COMPONENT OF CURRENT INCOME TAX EXPENSE FOR DIFFERENCES BETWEEN FINANCIAL AND INCOME TAX REPORTING POSITIONS WHICH DO NOT MEET THIS THRESHOLD. ANY INTEREST AND PENALTIES RELATED TO UTPS ARE RECORDED AS A COMPONENT OF INCOME TAX EXPENSE. THE ORGANIZATION HAS NOT TAKEN ANY TAX POSITIONS, INCLUDING TAX POSITIONS THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS, WHICH WOULD HAVE A MATERIAL EFFECT, INDIVIDUALLY OR IN THE AGGREGATE, ON ITS FINANCIAL STATEMENTS AND THUS HAS NOT RECORDED A LIABILITY AT DECEMBER 31, 2019. THE ORGANIZATION FILES INCOME TAX RETURNS IN FEDERAL AND STATE JURISDICTIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2016. CURRENTLY, THERE ARE NO INCOME TAX AUDITS IN PROCESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM FUNDRAISING EVENTS NETTED WITH FUNDRAISING REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM FUNDRAISING EVENTS NETTED WITH FUNDRAISING REVENUE 0 NEW KENSINGTON GROUP 4 JOHN PIERSON LANE NORTH READING MA 01864 PROFESSIONAL FUNDRAISING AND STRATEGIC PLANNING 0 255329 0 255329 255329 255329 MA RI NH VT ANNUAL GALA AND AUCTION 255329 95686 159643 100662 1 255329 95686 159643 100662 100662 58981 X X 0 0 0 0 0 0 0 0 0 SUSAN RITTSCHER PRESIDENT & CEO; BOARD MEMBER 141201 0 0 0 0 0 0 0 17646 0 158847 0 0 0 X AUCTION ITEMS 94 54043 COST OR SELLING PRIC 0 0 0 PART I, COLUMN (B): 94 REPRESENTS THE NUMBER OF AUCTION ITEMS RECEIVED. FORM 990, PART V, LINE 13A MA 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 9902, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH PERFORMS THIS FUNCTION.