2012-08-28T07:59:00-07:00 2011-12-31 Hillary Tentler CPA 735 State St Suite 626 Santa Barbara CA 931015504 990 2011-01-01 953674624 Womens Economic Ventures - Santa Barbara WOME 8059656073 333 S Salinas SANTA BARBARA CA 93103 Marsha Bailey 2012-08-27 true Hillary Tentler 8058849608 X 2011 2016-02-24 21:20:13Z Karen Smith Bogart 5548 Camino Cerralvo Santa Barbara CA 93111 1429981 false false X wevonline.org X 1981 CA Womens Economic Ventures (WEV) is dedicated to creating a just and equitable society through the economic empowerment of women. WEV provides comprehensive business training as well as individual business consulting, coaching, advanced training, peer support and networking opportunities. WEV provides start-up loans of up to $25,000 and growth loans of up to $50,000 to pre-bankable small businesses. WEV became a U.S. Treasury certified Community Development Financial Institution (CDFI) in 1999.Since 1991, WEV has served over 4,000 clients in our core training programs and over 15,000 clients in all programs. WEV has made over $2.8 million in loans to local entrepreneurs and has helped create more than 2,000 businesses and 9,000 jobs in our community. WEV programs are targeted to women but are open to all. 13 13 17 200 0 1011853 920786 200746 190940 16856 45355 45868 272900 1275323 1429981 0 0 818427 783905 0 131060 522465 467722 1340892 1251627 -65569 178354 1587095 1206416 1389620 830587 197475 375829 Womens Economic Ventures (WEV) is dedicated to creating a just and equitable society through the economic empowerment of women. WEV provides comprehensive business training as well as individual business consulting, coaching, advanced training, peer support and networking opportunities. WEV provides start-up loans of up to $25,000 and growth loans of up to $50,000 to pre-bankable small businesses. WEV became a U.S. Treasury certified Community Development Financial Institution (CDFI) in 1999.Since 1991, WEV has served over 4,000 clients in our core training programs and over 15,000 clients in all programs. WEV has made over $2.8 million in loans to local entrepreneurs and has helped create more than 2,000 businesses and 9,000 jobs in our community. WEV programs are targeted to women but are open to all. false false 1023911 Women's Economic Ventures provides small business loans, business training and technical assistance to help primarily low-income women start or expand a small business. WEV is a Community Development Financial Institution (CDFI) and provides micro enterprise loans of up to $25,000 to startups and business expansion loans of up to $50,000 to pre-bankable businesses. WEV serves both men and women in all programs.In 2011, WEV provided training and technical assistance to 868 clients, provided 45 micro loans totaling $286k & provided 795 hours of consulting to 151 clients. 1023911 true true false false false false false false false true true true false false true false true false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 25 0 false 17 true false false false false false false false false false false false 0 false false false false false false false false false false false X 13 13 false false false false false false false true true false false false true true true true true true true true false false CA X Marsha Bailey 8059656073 333 S Salinas St Santa Barbara CA 93103 X Hannah Beth JAckson 2.00 X 0 0 0 Karen Smith Bogart 2.00 X X 0 0 0 Kathy Odell 2.00 X X 0 0 0 Brooke Tuason-Angel 0.00 X 0 0 0 Zdena Jiroutova 0.00 X 0 0 0 Denny Cooper 0.00 X 0 0 0 Claudine Conteras 0.00 X 0 0 0 Marni Brook 2.00 X X 0 0 0 Matthew Berger 2.00 X 0 0 0 Simon Dixon 2.00 X 0 0 0 John Chamberlain 0.00 X 0 0 0 Brenda Allison 2.00 X 0 0 0 Marsha Bailey 40.00 X 126125 0 9675 126125 9675 1 false false false 0 489315 431471 920786 Other Income 1869 1869 Loan interest Earned 40776 40776 Loan fees Earned 7160 7160 education program fees 141135 141135 190940 45355 45355 0 0 0 0 0 0 0 Forgiven DebtEQ2 272900 272900 272900 1429981 236295 272900 0 0 0 0 0 0 676009 527287 67601 81121 0 52427 40893 5243 6291 55469 43266 5547 6656 0 9952 9952 24556 18298 5572 686 0 0 695 695 4675 3039 1636 955 764 191 6942 5554 347 1041 2935 2935 0 43785 32800 4065 6920 11667 11667 0 1514 757 757 14769 11077 738 2954 0 4215 3161 211 843 4472 1225 3247 SBLF Interest Cost of Funds 18974 18974 SBLF Bad Debts 39724 39724 Program Costs 259429 259429 Fundraising Events 23045 23045 Equipment Rental & Maintenance 9904 6438 3466 -14486 -13329 -2660 1503 1251627 1023911 96656 131060 74034 311334 560307 956 273824 219862 0 0 0 473570 516250 0 4002 3485 74063 61517 11468 12546 0 189890 141983 0 0 0 1587095 1206416 71148 69945 159462 1318472 601180 1389620 830587 X -149945 70860 247420 204969 100000 100000 197475 375829 1587095 1206416 178354 X true true true X false false X 1127811 1008596 745540 1011853 920786 4814586 0 0 1127811 1008596 745540 1011853 920786 4814586 0 4814586 12415 5703 9836 16856 45355 90165 0 0 4904751 0.98160 0.98820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 132115 2088 695 133508 135820 11994 729 132115 109600 26805 585 135820 false false false 60604 53713 6891 13459 7804 5655 12546 141983 Subordinated loans payable 525000 Line of credit payable 76180 601180 1429981 1251627 178354 178354 1429981 1429981 1429981 1251627 1251627 1251627 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Intended use is for program support, to allow low income women to attend our self employment training. Angel Cottrell X 10000 8446 false true true 8446 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon requests, governing documents are supplied by the CEO or Grants Manager.The CEO has copies of all policies, 990s, and monthly financial reports.All financial reports are available on the intra-net for all employees to access. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The executive committee functions as the personnel committee, that yearly reviews the salary of the CEO. The CEO yearly reviews all the staff salaries.The CEO/President's salary is determined by the Executive Committee. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts WEV has a conflict of interest policy which is distributed annually to each board member, and requires signed acknowledgement. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process Womens Economic Ventures has a finance committee, which reviews the audit upon completion. The finance committee, will then review a draft of the 990 before it is completed. Upon the finance committee's approval, the 990 will be signed by the President/CEO and filed.