2015-11-05T15:31:03-06:00 2014-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2014-01-01 271153340 WEConnect International Inc WECO 2028106000 1120 Connecticut Avenue NW No 1080 Washington DC 20036 Elizabeth A Vazquez President 2028106000 2015-11-05 1 Lori A Collingsworth P00639819 7038930300 2015-11-04 2014 2016-03-07 17:11:31Z Elizabeth A Vazquez 1120 Connecticut Avenue NW No 1080 Washington DC 20036 2350513 0 X http://weconnectinternational.org/ X 2009 DE WEConnect International helps women-owned businesses succeed in global value chains. 15 14 9 0 0 0 3431406 1421487 52231 927238 684 1788 250 0 3484571 2350513 72500 50000 0 0 667395 780655 0 0 16287 1771638 2241761 2511533 3072416 973038 -721903 2001802 1559400 233304 512805 1768498 1046595 X WEConnect International is a global 501(c)(3) non-profit that facilitates sustainable economic growth by increasing opportunities for women-owned businesses to succeed in the global value chains. See Schedule O for continuation 0 0 877588 Latin America: Brazil, Chile, Colombia, Costa Rica, Mexico and PeruWEConnect International in Latin America identifies, educates, registers, and certifies women's business enterprises that are at least 51% owned, managed, and controlled by one or more women.In Chile, WEConnect International is working with Mujeres Empresarias to deliver WEConnect International certification. Mujeres Empresarias is an organization that supports women business owners in all stages of entrepreneurship and represents an innovative network for women that facilitates their economic development and entry into the business world.In Colombia, in partnership with AMCHAM Colombia, WEConnect International is now offering certification for women-owned businesses who are ready to grow their businesses in global markets. In Costa Rica, WEConnect International has partnered with One Stop Search to deliver WEConnect International services. In Peru, WEConnect International is working with Market Connections to support and certify women business owners in the region. 656410 Asia: Greater China, India and Indonesia WEConnect International identifies and engages women business owners in Greater China, India and Indonesia to deliver supplier development training and connections to major multinational corporations. Businesses that join our global database are connected to certified business and corporations seeking vendors for increased educational and business opportunities. Greater China includes Mainland China, Hong Kong, Macau and Taiwan. 300150 Africa: Nigeria and South AfricaWEConnect International in Africa identifies, educates, registers, and certifies women's business enterprises that are at least 51% owned, managed, and controlled by one or more women. WEConnect International is the only non-profit organization in South Africa that provides the seal of certification uniquely to Women Business Enterprises (WBEs), and also, that connects these WBEs with multi-national corporate purchasing organizations across diverse industries. Our signature seal of certification is a formal guarantee to corporations that they are purchasing goods and/or services from South African businesses that meet universal standards for WBEs. 264820 North America: Canada and USWEConnect International has been active in Canada since the beginning of 2008 working with strategic partners, government agencies, corporate members and outstanding women business owners across the country.WEConnect International is proud to be the exclusive global partner of the Women's Business Enterprise National Council (WBENC) in the U.S. WEConnect International leverages this strong long-term partnership to provide opportunity to the organizations WEConnect International partners with in all target countries, including Canada. Together, WEConnect International and WBENC are responsible for ensuring universal women's business enterprise certification standards and processes are maintained by our respective affiliates and local partner organizations. The WEConnect International in Canada National Conference is the leading meeting in Canada for women-owned businesses, corporations, senior government officials, academic and economic policy officials, and service delivery organizations interested in spurring the growth of women's entrepreneurship.Businesses based in the United States that are Certified by the Women's Business Enterprise National Council (WBENC) as a Women's Business Enterprise (WBE) can join WEConnect International's eNetwork, our Global Business Directory of Women-Owned Businesses. 71430 Australia:The WEConnect International in Australasia connects women-owned enterprises to corporations under their Supplier Diversity and Inclusion programs. In Australasia, WEConnect International works in collaboration with women's organizations including BPW (Business & Professional Women), The Ruby Connection (part of Westpac Bank), Women In Global Business (part of Austrade), WCEI (Women Chiefs of Enterprise International). Certification is offered in Australia and New Zealand. 66015 50000 Europe: The Netherlands, Portugal, Turkey and the United KingdomWEConnect International in Europe is the leading global supplier diversity initiative spearheading the connection of women-owned business and multinational corporations. It is Europe's leading advocate of women-owned businesses as suppliers to global and national corporations and government bodies. 25820 Carribean: JamaicaBuoyed by the reception of women entrepreneurs in Jamaica and significant interest from neighboring countries, WEConnect International expanded its network across the English-speaking Caribbean in August 2014.WEConnect International launched in Jamaica in April 2013 with support from the U.S. State Department WEAmericas program. In just over a year, more than 160 women business owners from across the island joined WEConnect International as members, and more than a dozen women-owned businesses applied for and received international certification. WEConnect International has developed a reputation in Jamaica for promoting greater market access for women entrepreneurs. The network has built a strong relationship with the Government of Jamaica, through the Ministry of Industry Investment and Commerce with its work highlighted in the State Minister's Sectoral Contribution on industry in the house of parliament in June 2014.The value of WEConnect International's entry into Jamaica is also highlighted by the 2013 WEVenturescope Report, which gave a perfect score to the country in the area of access to networks for women entrepreneurs. Middle East and North Africa: WEConnect International is working with Jasmine organization to offer women entrepreneurs in Israel the opportunity to join the WEConnect International network.Jasmine is a unique organization in Israel that is dedicated to the commercial, professional and personal advancement of Jewish, Ethiopian, Ultra-Orthodox, Arab, Druze, Bedouin, Christian, new immigrant and Circassian women who are small business owners.Jasmine believes that empowering Jewish and Arab women with small and medium businesses in Israel is essential to strengthening the Israeli economy, facilitating gender equality and realizing the power of coexistence in Israel. To date, Jasmine has assisted no fewer than 1,400 Jewish and Arab women and 5,000 businesses from all sectors.Jasmine works throughout the year to help achieve these goals: Enabling personal empowerment and development of life skills for women business owners; Providing tools and knowledge in leadership and management to women business owners; Creating business opportunities for women business owners; Fostering excellence in management of small women-owned businesses; Business networking among women business owners; Providing exposure and access to sources of financing for development and expansion of women-owned businesses. 422659 Women's Initiative: The Women's Initiative program provides supplier development and training initiatives for women-owned enterprises in countries such as Mexico, Nigeria and Indonesia. This program focuses on the outreach, education, and training processes required to help ensure that WOBs who participate have the knowledge and the networks they need to prepare themselves to compete for larger contracts. 11250 WEConnect Academy: WEConnect Academy provides online training to WEConnect International's global network of women-owned businesses. Each of the modules offered here is for women business owners who are self-registered or certified in the eNetwork to take on their own. Trainings through the eNetwork are available in Chinese, English, and Spanish. 190391 781941 Membership: WEConnect International provides members with the global database and resources required to develop and leverage a diverse and inclusive global value chain. WEConnect International members share similar values, looking to build sustainable communities through the empowerment and sourcing from women-owned businesses. 135990 Certification: Our Seal of Certification is a formal guarantee to corporations that they are purchasing goods and/or services from women owned business that meet universal standards for women's business enterprises (WBEs). Four criteria considered are ownership, management & control, contribution of capital & expertise, and independence.The Business Readiness and Certification Assessment includes a one-on-one evaluation of the company and whether it meets the universal standards for certification as a women's business enterprise. All Women's Business Enterprises (WBEs) that successfully complete our process to determine compliance with our certification criteria will earn the Seal of Certification.The Seal of Certification Process is open to businesses based in the following countries: Australia Brazil, Canada, Chile, China, Costa Rica, India, Indonesia, Jamaica, Mexico, New Zealand, Nigeria, Peru, South Africa, Turkey, United Kingdom and the United States (through WBENC). 23565 9307 Other Markets, General Programs, Ambassador and Publications 1075950 50000 927238 2910098 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WEConnect International Inc 2028106000 1120 Connecticut Avenue NW No 1080 Washington DC 20036 Elizabeth Vazquez President 40.00 X X 160000 0 1581 Marianne Schoenig Secretary 2.00 X X 0 0 0 Beth A Brook Co-Chair 2.00 X X 0 0 0 Michael Robinson Co-Chair 2.00 X X 0 0 0 Joan Kerr Treasurer 2.00 X X 0 0 0 Chris Kaisand Director 1.00 X X 0 0 0 Janice R Greene Director 1.00 X 0 0 0 Terrez Thompson Director 1.00 X 0 0 0 John C Lavorato Director 1.00 X 0 0 0 Moreen Romans Director 1.00 X 0 0 0 Natalie I Stirling-Sanders Director 1.00 X 0 0 0 Nancy Minchillo Director 1.00 X 0 0 0 Megan Stowe Director 1.00 X 0 0 0 Denise Naguib Director 1.00 X 0 0 0 Mark Baxa Director 1.00 X 0 0 0 Jenny Grieser Director 1.00 X 0 0 0 Jean Rogers COO 40.00 X 130000 0 2059 Liz Cullen Director of Women's Business Development 40.00 X 110000 0 10336 Michael Tobolski Director of Corporate Relations 40.00 X 105000 0 15530 505000 0 29506 4 0 1 0 0 126877 1294610 1421487 Membership dues 900099 781941 781941 Certification fees 900099 135990 135990 HQ Admin fees 900099 6010 6010 Buying for Impact 511120 3297 3297 927238 1788 1788 2350513 927238 0 1788 X 50000 50000 161581 144106 15645 1830 524060 467380 50743 5937 46156 40126 5514 516 48858 42512 5800 546 26036 7500 18536 1495277 1478254 17023 4247 4247 83385 43176 40209 49914 8418 41496 103375 35112 68263 149161 108497 40664 276288 217285 59003 109 109 17838 17838 1943 1943 Certification fee 24697 24697 Dues and subscriptions 6716 195 6521 Licenses, fees, permits 2775 2775 Indirect allocation 0 242840 -250298 7458 3072416 2910098 146031 16287 114945 121144 1400690 1252478 415591 128472 17642 15920 4744 11034 83221 60501 40558 22720 7632 7632 2001802 1559400 157664 185094 75000 235000 640 92711 233304 512805 X -319759 -55360 2088257 1101955 1768498 1046595 2001802 1559400 -721903 0 X X 0 1 X 1 0 X 62063 277085 1900779 2759906 1421487 6421320 62063 277085 1900779 2759906 1421487 6421320 3739503 2681817 684 1788 2472 500 427 250 1177 6424969 2859602 0.41740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8952 8379 573 74269 52122 22147 22720 Other liabilities 6720 Refundable advances 85991 92711 X 2350513 0 2350513 0 2350513 3072416 0 3072416 0 3072416 Part X, Line 2: WEConnect had no significant uncertain tax positions at December 31, 2014 and 2013. 1 Central America and the Caribbean 0 2 Program services Education and certification activities in Costa Rica and Jamaica 64206 East Asia and the Pacific 0 3 Program services Education and certification activities in China, Australia and Indonesia 335325 Europe (Including Iceland & Greenland) 0 2 Program services and grant to organization in region Education and certification activities in Europe and Turkey 58396 North America 0 2 Program services Education and certification activities in Mexico and Canada 391799 South America 0 4 Program services Education and certification activities in Peru, Chile, Colombia and Brazil 409968 South Asia 0 1 Program services Education and certification activities in India 257451 Sub-Saharan Africa 0 2 Program services Education and certification activities in Nigeria and South Africa 196762 Middle East and North Africa 0 1 Program services Education and certification activities 0 17 0 0 0 17 1713907 0 1713907 Europe (Including Iceland & Greenland) Supporting contribution 50000 Wire 0 N/A N/A 1 0 0 0 0 0 0 0 Part I, Line 2: WeConnect International, Inc. monitors grants by requesting invoices indicating how grant funds are being allocated by the grantee. Part I, line 3: Foreign expenditures are accounted for on the accrual method of accounting used for books. X 0 0 0 0 0 0 0 0 0 Elizabeth Vazquez President 160000 0 0 0 0 0 0 0 1581 0 161581 0 0 0 Form 990, Part III, Mission continuation WEConnect identifies, educates, and certifies women's business enterprises that are at least 51% owned, managed, and controlled by one or more women. Form 990, Part VI, Section A, line 6 The organization has members. Form 990, Part VI, Section A, line 7a Members have voting rights to elect members to the Board of Directors. Form 990, Part VI, Section B, line 11 The form 990 is prepared by the outside audit firm, reviewed internally by the Operations Manager and Outside bookkeeper, a final draft is sent to the Board's Audit/Finance committee, and the final 990 is submitted electronically. Form 990, Part VI, Section B, line 12c Members of the Board are required to read and sign a conflict of interest policy. Employees sign the employee handbook and conflict policy upon hire. Form 990, Part VI, Section B, line 15 The compensation determination process for top officials includes an annual review by the Executive Committee to determine CEO's compensation. The compensation process for all other employees includes an annual review to determine compensation. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Payroll processing: Program service expenses 0. Management and general expenses 2,891. Fundraising expenses 0. Total expenses 2,891. Consultants: Program service expenses 49,831. Management and general expenses 132. Fundraising expenses 0. Total expenses 49,963. Translation/interpretation: Program service expenses 7,033. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,033. Program consultants: Program service expenses 1,421,390. Management and general expenses 14,000. Fundraising expenses 0. Total expenses 1,435,390. Form 990, Part XII, Line 2c: The organization's Executive Committee is responsible for oversight of the audit, including selection of the independent accountant. The process is consistent with prior years.