2016-08-10T07:56:52-07:00 2015-12-31 John Vazzana CPA PLLC 155 Bay Ridge Avenue Brooklyn NY 11220 990 2015-01-01 133807693 Women's Venture Fund Inc WOME 2124856250 220 Fifth Ave New York NY 10001 MARIA OTERO PRESIDENT 2124856250 2016-07-29 true JOHN VAZZANA 7184911241 2015 2016-12-15 16:53:06Z Maria Otero 220 Fifth Ave New York NY 10001 540041 false X www.womensventurefund.org 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. 10 9 2 20 0 322033 441078 13332 25267 15 20 -19145 -12810 316235 453555 0 0 261022 262637 0 11785 129237 155118 390259 417755 -74024 35800 244792 280553 8224 8185 236568 272368 The organization helps women of diverse backgrounds false false 338004 25267 TECHNICAL ASSISTANCE & SUPPORT SERVICES: WOMEN'S VENTURE FUND (WVF) HELPS WOMEN OF DIVERSE BACKGROUNDS ESTABLISH THRIVING BUSINESSES IN URBAN COMMUNITIES THROUGH A VARIETY OF PROGRAMS. WVF OFFERS TRAINING, SMALL BUSINESS LOANS, AND A NETWORK OF BUSINESS ADVISORS TO HELP WOMEN REACH THEIR BUSINESS GOALS. WVF PROVIDES ENTREPRENEURS, ESPECIALLY WOMEN WHO ARE ECONOMICALLY OR SOCIALLY DISADVANTAGED, WITH A VAST ARRAY OF RESOURCES INCLUDING BUSINESS DEVELOPMENT WORKSHOPS AND BUSINESS PLAN ASSISTANCE, TO HELP THEM START AND GROW THEIR OWN BUSINESSES. SINCE 1996 THE ORGANIZATION HAS SERVED MORE THAN 13,500 PEOPLE, ASSISTED MORE THAN 1500 WOMEN WITH THEIR CREDIT NEEDS AND HAS INVESTED MORE THAN $1.2 MILLION IN 150 WOMEN OWNED BUSINESSES. 338004 true true false false false false false false false false true false true false false true true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 6 0 2 true false false false false false true true false false false false X 10 9 false false false false false false false true true false false true true true true true true true true false NY X MARIA OTERO 2124856250 220 Fifth Ave New York NY 10001 DARRELL W GUNTER Co-Chair 1.00 X X 0 0 0 ROSE KLIMOVICH Co-Chair 1.00 X X 0 0 0 SAQIB JALIL Treasurer 1.00 X X 0 0 0 AUDREY SIEGEL Secretary 1.00 X X 0 0 0 TRACY CALIENDO Board Member 1.00 X 0 0 0 LORI EPSTEIN Board Member 1.00 X 0 0 0 STACEY MAMAN Board Member 1.00 X 0 0 0 YAMILA C MENDEZ Board Member 1.00 X 0 0 0 JULIE B KAMPF Board Member 1.00 X 0 0 0 MARIA OTERO President 50.00 X X 165000 0 17028 165000 17028 1 false true false 225242 170729 45107 16641 441078 Program Service Revenue 611430 7016 Program Loan Interest 611430 18251 25267 20 20 73676 225242 86486 -12810 -12810 453555 25267 -12790 165000 132000 24750 8250 53987 53987 0 0 28430 22460 5117 853 15220 12023 2740 457 10070 5070 5000 0 69614 65447 4167 0 4343 4343 0 0 9670 418 8429 823 323 0 323 0 38651 34786 3865 0 1569 0 1569 0 675 675 0 0 6212 0 6212 0 599 0 599 0 3198 1759 1439 0 Bank & Merchant Fees 2522 0 1120 1402 Telephone & Internet 2390 1195 1195 0 Uncollectible loan allowance 1972 1972 0 0 Payroll Processing 1869 1869 0 0 1441 0 1441 0 417755 338004 67966 11785 158118 84608 11175 111753 13529 13529 599 71900 81192 3000 3000 244792 280553 8224 8185 8224 8185 X 236568 158662 113706 236568 272368 244792 280553 35800 X X false true X true false X 392801 393923 442243 322033 448578 1999578 392801 393923 442243 322033 448578 1999578 345973 1653605 881 31 143 15 20 1090 2000668 59881 0.82650 0.89340 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13529 13529 Minority and Woman-Owned Business Loans 81192 F 81192 X 453555 453555 453555 417755 417755 417755 Pt X, Line 2 The organization recognizes the tax effects from an uncertain tax position in the financial statements only if the position is more-likely-than-not to be sustained if the position were to be challenged by a taxing authority. Management has determined that the organization has no uncertain tax positions that would require financial statement recognition or disclosure. Pt V, Line 4 Board designated net assets (Quasi-Endowments)in the amount of $5,000 represents an amount the board has designated as additional loan loss reserve. HLA 66650 59150 7500 5439 GALA 232268 166092 66176 45592 35455 298918 225242 73676 45592 40894 86486 -12810 false false false false false false false false false MARIA OTERO 150000 15000 17028 182028 Pt VI, Line 11b A qualified and authorized person shall complete the annual Form 990 informational return. The return shall be reviewed by the Executive Director and then presented to all board members either via e-mail or by paper copy prior to its filing with the IRS. Pt VI, Line 12c Each director, principal and officer, shall annually sign a statement which affirms such person has agreed to comply with the policy and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Pt VI, Line 15a The salaries of the officers, if any, shall be fixed by resolution of the board of directors. In all cases, any salaries received by officers of this organization shall be reasonable. All officer salaries shall be approved in advance in accordance with the organization's conflict of interest policy. Pt VI, Line 15b See Part VI, Line 15a Pt VI, Line 19 The organization makes its Governing Documents, Conflicts of Interest Policy and Financial Statements available to the public upon written request. Pt XII, Line 2c The independent members of the governance board act as the audit committee and assume responsibility for the oversight of the audit of the financial statements and the selection of the independent accountant. Form 990EZ, Part I, Line 8 Other Revenues Form 990EZ, Part I, Line 16 Insurance Form 990EZ, Part I, Line 16 Telecommunications and Internet Form 990EZ, Part I, Line 16 Office Supplies and Expenses Form 990EZ, Part I, Line 16 Fees & Assessments Form 990EZ, Part I, Line 16 Equipment Rental Form 990EZ, Part I, Line 16 Meetings, Conference and Travel Form 990EZ, Part I, Line 16 Other Program Expenses Form 990EZ, Part I, Line 16 Loan Write Offs Form 990EZ, Part I, Line 16 Storage Form 990EZ, Part I, Line 16 Computer and Website Expense Form 990EZ, Part II, Line 24 Furniture and Equipment (Net) Form 990EZ, Part II, Line 24 Prepaid Expenses Form 990EZ, Part II, Line 24 Loan Receivables Form 990EZ, Part II, Line 24 Grant Receivables Form 990EZ, Part II, Line 26 Accounts Payable and Accrued Expenses Form 990, Part IX, Line 24e License, Dues & Fees 1441. 0. 1441. 0.