2011-09-08T09:50:47-05:00 2010-12-31 DICICCO GULMAN & COMPANY LLP 150 PRESIDENTIAL WAY SUITE 510 WOBURN MA 01801 990 2010-01-01 043256236 CENTER FOR WOMEN & ENTERPRISE INC CENT 6175360700 24 SCHOOL STREET 7TH FLOOR NO 700 BOSTON MA 02108 SUSAN RITTSCHER 6175360700 2011-08-31 1 DONALD J TROY CPA PC 7819375300 2010 2016-02-24 21:20:13Z SUSAN RITTSCHER 24 SCHOOL STREET BOSTON MA 02108 1924538 0 X WWW.CWEONLINE.ORG X 1995 MA EDUCATION, TRAINING, CONSULTING, TECHNICAL ASSISTANCE AND CERTIFICATION FOR ENTREPRENEURS. 22 20 17 20 0 0 1311314 1337132 231493 238111 519 165 138873 201146 1682199 1776554 0 0 0 0 843233 925019 0 0 328379 843452 758593 1686685 1683612 -4486 92942 350099 368860 440408 366227 -90309 2633 THE CENTER FOR WOMEN & ENTERPRISE EMPOWERS WOMEN TO BE ECONOMICALLY SELF-SUFFICIENT AND TO PROSPER THROUGH BUSINESS AND ENTREPRENEURSHIP. 0 0 1005120 665875 EDUCATIONWORKSHOPS, SEMINARS, MULTI WEEK COURSES, AND 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. 105736 253558 CERTIFICATIONCWE 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 BUSINESSES TO GAIN A STRATEGIC ADVANTAGE WITH LARGER CORPORATIONS AND THEIR SUPPLIER DIVERSITY INITIATIVES. 1110856 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 22 0 17 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 22 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X SUSAN RITTSCHER PRESIDENTCEO 6175360700 24 SCHOOL STREET 7TH FLOOR SUITE 7 BOSTON MA 02108 SUSAN LOCONTO PENTA 10.00 X 0 0 0 SUSAN RITTSCHER 40.00 X X 175231 0 6929 ALEXIS BROOKS 3.00 X 4104 0 0 KAREN F COPENHAVER 3.00 X 0 0 0 JOHN J DOYLE 3.00 X 0 0 0 ELLEN G HOFFMAN 3.00 X 0 0 0 PAMELA LENEHAN 3.00 X 0 0 0 MELA LEW 3.00 X 0 0 0 SANDY LISH 3.00 X 0 0 0 JIM MATHESON 3.00 X 0 0 0 VICTORIA SASSINE 3.00 X 0 0 0 CHRIS SHEEHAN 5.00 X X 0 0 0 SUSAN HUNT STEVENS 3.00 X 0 0 0 JAMES STURGIS 3.00 X 0 0 0 CONSTANCE WRIGHT 3.00 X 0 0 0 ELIZABETH WILLIAMS 3.00 X 0 0 0 MARIA ABERNETHY 3.00 X 0 0 0 ELIZABETH F AMES 3.00 X 0 0 0 TIMOTHY MOULD 3.00 X 0 0 0 JOEL ADLER 3.00 X 0 0 0 SUSAN A KELLER 3.00 X 0 0 0 KATHRYN I MURTAGH 3.00 X 0 0 0 179335 0 6929 1 0 1 0 0 508603 561712 266817 159523 1337132 TUITION, LESS SUBSIDIE 541900 238111 238111 238111 165 165 349080 508603 147984 201096 201096 MISCELLANEOUS 900099 50 50 50 1776554 238326 0 201096 179335 107243 35046 37046 618044 486819 25952 105273 56034 41785 8157 6092 71606 56698 6985 7923 19725 19725 57331 47623 7629 2079 61585 44683 16042 860 217725 180042 22530 15153 33106 15754 16736 616 15697 9429 6268 19191 11514 7677 8783 5270 3513 FUNDRAISING EXPENSES 147984 147984 INSTRUCTORS FEES/STIPEN 38490 38490 MARKETING & PUBLIC RELA 30670 15062 14530 1078 EQUIPMENT RENTAL & MAIN 21623 11997 9626 SOFTWARE MAINTENANCE CO 16011 15632 312 67 70672 22815 43649 4208 1683612 1110856 244377 328379 123635 108698 29238 92750 130279 38380 67098 14770 14893 108676 84361 27749 24315 23577 23577 350099 368860 113158 99247 19250 20050 308000 246930 440408 366227 X -160559 -118867 70250 121500 -90309 2633 350099 368860 92942 0 X X 0 1 1 X 0 X 829161 1683565 1576887 1456132 1427259 6973004 829161 1683565 1576887 1456132 1427259 6973004 6973004 4326 12240 1595 519 165 18845 1567 174590 159023 138873 201096 675149 7666998 0.90950 0.92820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47372 47372 51751 621 5000 47372 108676 84361 24315 24315 DEPOSITS 23577 23577 1776554 1683612 92942 0 92942 2164465 387911 387911 1776554 0 1776554 2071523 387911 387911 1683612 0 1683612 SUPPLMENTAL INFORMATION TO PART X, SCHEDULE D GENERALLY ACCEPTED ACCOUNTING PRINCIPLES 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 REVIEWED ITS INCOME TAX FILINGS THAT REMAIN SUBJECT TO EXAMINATION BY TAX AUTHORITIES AND HAS NOT IDENTIFIED ANY MATERIAL UTPS AND THUS HAS NOT RECORDED ANY ADDITIONAL LIABILITY AT DECEMBER 31, 2010. THE ORGANIZATION FILES TAX RETURNS IN FEDERAL AND STATE JURISDICTIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2007. CURRENTLY, THERE ARE NO TAX AUDITS IN PROCESS. ANNUAL GALA AND AUCTION 458788 159523 299265 42931 95916 GOLF TOURNAMENT 22249 22249 4620 3042 1 27566 27566 1475 508603 159523 349080 47551 100433 147984 201096 X X X X 0 0 0 0 0 0 0 0 0 SUSAN RITTSCHER 175231 0 0 0 0 0 0 0 6929 0 182160 0 168892 0 X AUCTION ITEMS 116 159523 COST OR SELLING PRICE 0 0 0 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 CHAIR, PRESIDENT AND CEO, AND THE CONTROLLER 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 BOARD MEMBERS AND 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. 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.