2014-08-14T11:47:02-05:00 2013-12-31 043296226 DICICCO GULMAN & COMPANY LLP 150 PRESIDENTIAL WAY SUITE 510 WOBURN MA 01801 990 2013-01-01 043256236 CENTER FOR WOMEN & ENTERPRISE INC CENT 6175360700 24 SCHOOL STREET 7TH FLOOR NO 700 BOSTON MA 02108 SUSAN RITTSCHER PRESIDENT/CEO 6175360700 2014-08-12 1 DONALD J TROY CPA PC P00322664 7819375300 2013 2015-11-30 17:44:51Z SUSAN RITTSCHER 24 SCHOOL STREET BOSTON MA 02108 2163953 0 X WWW.CWEONLINE.ORG X 1995 MA EDUCATION, TRAINING, CONSULTING, TECHNICAL ASSISTANCE AND CERTIFICATION FOR ENTREPRENEURS. 23 22 18 125 0 0 1593909 1587339 263136 263972 225 0 188460 210889 2045730 2062200 0 0 0 0 1082658 1240499 0 0 407273 741703 815519 1824361 2056018 221369 6182 663854 728854 419576 478394 244278 250460 THE CENTER FOR WOMEN & ENTERPRISE EMPOWERS WOMEN TO BE ECONOMICALLY SELF-SUFFICIENT AND TO PROSPER THROUGH BUSINESS AND ENTREPRENEURSHIP. 0 0 1219782 88077 EDUCATION, TRAINING, CONSULTING AND TECHNICAL ASSISTANCEWORKSHOPS, SEMINARS, MULTI WEEK COURSES, ONE-ON-ONE CONSULTING ARE INCLUDED IN THE COMPREHENSIVE PROGRAMS AND SERVICES PROVIDED FOR ENTREPRENEURS AND BUSINESS PEOPLE IN MASSACHUSETTS AND RHODE ISLAND. 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. 240648 175895 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. 1460430 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 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 18 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA RI X X X SUSAN RITTSCHER PRESIDENTCEO 6175360700 24 SCHOOL STREET 7TH FLOOR SUITE 7 BOSTON MA 02108 CHRIS SHEEHAN BOARD MEMBER 3.00 X 0 0 0 CONSTANCE S WRIGHT BOARD MEMBER 3.00 X 0 0 0 ELIZABETH F AMES 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 5.00 X X 0 0 0 JOHN J DOYLE BOARD MEMBER 3.00 X 0 0 0 JULI SINNETT BOARD MEMBER 3.00 X 0 0 0 KAREN F COPENHAVER BOARD MEMBER 3.00 X 0 0 0 SUSAN RITTSCHER PRESIDENT AND CEO 40.00 X X 194873 0 13103 VICTORIA SASSINE 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 MELA LEW SECRETARY AND BOARD MEMBER 3.00 X 0 0 0 SANDY LISH BOARD MEMBER 3.00 X 0 0 0 JIM MATHESON BOARD MEMBER 3.00 X 0 0 0 TIMOTHY MOULD BOARD MEMBER 3.00 X 0 0 0 SUSAN LOCONTO PENTA BOARD MEMBER AMD BOARD CHAIR 3.00 X 0 0 0 AMY ACAMPORA BOARD MEMBER 3.00 X 0 0 0 DONNA LEVIN BOARD MEMBER 3.00 X 0 0 0 RONALD MARLOW BOARD MEMBER 3.00 X 0 0 0 JACQUELINE TAYLOR BOARD MEMBER 3.00 X 0 0 0 194873 0 13103 1 0 1 0 0 105516 763779 718044 105516 1587339 TUITION, LESS SUBSIDIE 541900 263972 263972 263972 312642 105516 101753 210889 210889 2062200 263972 0 210889 194873 97437 48718 48718 828928 645796 25263 157869 121839 93771 7514 20554 94859 69564 4465 20830 22667 13600 9067 71989 33233 13034 25722 63424 48713 13638 1073 230023 193379 20583 16061 50698 34141 14855 1702 13920 8352 5568 34686 31217 3469 8000 6540 1460 FUNDRAISING EXPENSES 101753 101753 INSTRUCTORS FEES/STIPEN 96885 96885 MARKETING & PUBLIC RELA 53176 40565 8055 4556 EQUIPMENT RENTAL & MAIN 16142 13216 2926 52156 34021 9700 8435 2056018 1460430 188315 407273 107259 101426 396166 430792 26098 43228 12035 25869 257384 153422 98719 103962 23577 23577 663854 728854 103137 133307 12000 12119 304439 332968 419576 478394 X -123388 -123342 367666 373802 244278 250460 663854 728854 6182 0 X X 0 1 X 1 1 1 X 1456132 1427259 1302455 1711738 1749558 7647142 1456132 1427259 1302455 1711738 1749558 7647142 7647142 519 165 225 909 138873 201096 185858 188460 210889 925176 8573227 0.89200 0.89510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE NET OF DIRECT EXPENSES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47372 47372 257384 153422 103962 103962 2299392 237192 237192 2062200 0 2062200 2293210 237192 237192 2056018 0 2056018 LINE 11A EXPLANATION SUPPLMENTAL INFORMATION TO PART X, SCHEDULE D 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, 2013. 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 2010. CURRENTLY, THERE ARE NO INCOME TAX AUDITS IN PROCESS. X X X X X X 1 MARTHA WINTER 400 FOXBOROUGH AVE 3908 FOXBOROUGH MA 02035 GRANT WRITING 0 61000 21233 39767 61000 21233 39767 ANNUAL GALA AND AUCTION 418158 105516 312642 34025 67728 NONE 1 418158 105516 312642 34025 67728 101753 210889 X X X 0 0 0 0 0 0 0 0 0 SUSAN RITTSCHER PRESIDENT AND CEO 194873 0 0 0 0 0 0 0 13103 0 207976 0 0 0 X AUCTION ITEMS 136 105516 COST OR SELLING PRIC 0 0 0 PART I, COLUMN (B): 136 REPRESENTS THE NUMBER OF AUCTION ITEMS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11 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 24 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 24 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.