2024-11-01T09:26:15-05:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 371771308 ASSOCIATION OF WOMEN'S BUSINESS CENTERS ASSO 2024304756 10 G ST NE 600 WASHINGTON DC 20002 CORINNE GOBLE EXECUTIVE DIRECTOR 2024304756 2024-11-01 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2024-10-15 13:58:12Z CORINNE GOBLE 10 G ST NE 600 WASHINGTON DC 20002 1804547 0 X WWW.AWBC.ORG X 2000 DC EDUCATION FOR SERVICE PROVIDERS TO WOMAN ENTREPRENEURS. 14 13 6 24 0 0 1548503 1661995 145840 141504 0 1048 0 0 1694343 1804547 478176 493486 0 0 328180 520787 0 0 65629 568474 747845 1374830 1762118 319513 42429 803724 941235 21190 118471 782534 822764 X THE AWBC WORKS TO SECURE ECONOMIC JUSTICE AND ENTREPRENEURIAL OPPORTUNITIES FOR WOMEN BY SUPPORTING AND SUSTAINING A NATIONAL NETWORK OF OVER 100 WOMEN'S BUSINESS CENTERS (WBCS). 0 0 1056663 352891 CAPACITY BUILDING: TO BUILD CAPACITY AND SUSTAINABILITY FOR WOMEN'S BUSINESS CENTERS AND WOMAN OWNED BUSINESSES TO SUPPORT ENTREPRENEURSHIP ACROSS THE UNITED STATES. 189603 141504 2023 LEADERSHIP CONFERENCE: ON JULY 24-26, THE 2023 AWBC ANNUAL LEADERSHIP CONFERENCE WAS HELD AT THE HYATT REGENCY WASHINGTON ON CAPITOL HILL IN WASHINGTON, DC. THE EVENT HOSTED A RECORD-BREAKING TOTAL OF 314 ATTENDEES REGISTERED - A NOTABLE INCREASE IN ATTENDEES FROM 2022. 91 PERCENT OF AWBC MEMBERS WERE PRESENT, REPRESENTING 132 TOTAL WBCS FROM A DIVERSE ARRAY OF GEOGRAPHIC AND CULTURAL BACKGROUNDS.THIS YEAR, THE LEADERSHIP CONFERENCE CELEBRATED THE 25TH ANNIVERSARY OF THE ASSOCIATION OF WOMEN'S BUSINESS CENTERS, AND THE 35TH ANNIVERSARY OF THE WBC PROGRAM AT SBA. THIS YEAR FOCUSED ON "WOMEN MOVING FORWARD, AND STARTED WITH A HISTORY PANEL FROM SOME OF THE FOUNDING MEMBERS OF AWBC. A COMPREHENSIVE CURRICULUM WAS EXECUTED THROUGH 25 MAINSTAGE SESSIONS, 22 BREAKOUTS, AND COMPLEMENTED WITH SEVERAL NETWORKING SESSIONS. THE CURRICULUM WAS CENTERED AROUND THE OVERALL CONFERENCE THEME OF MOVING WOMEN ENTREPRENEURS FORWARD. ALL SESSIONS WERE AIMED AT EMPOWERING WBC LEADERSHIP TO SOURCE DIVERSE CAPITAL MECHANISMS, AND COLLECTIVELY CREATE SUSTAINABLE FOUNDATIONS TO PREPARE FOR FUTURE DEVELOPMENTS. THE SPEAKER LINE-UP WAS A DIRECT RESULT OF WBCS REQUESTING MORE OPPORTUNITIES TO LEARN FROM THEIR PEERS - WHICH WAS MET WITH A STRONG FLOW OF POSITIVE FEEDBACK, AS SPEAKERS PRIMARILY CONSISTED OF WBC DIRECTORS, STAFF MEMBERS, THE SBA, AND PARTNERS. THE MAIN TOPICS COVERED INCLUDED ADVOCACY STRATEGIES, SUSTAINABLE PROGRAMMING, CULTIVATING EFFECTIVE PARTNERSHIPS, ENGAGING SUPPORTERS, MAXIMIZING RESOURCES, AND LEVERAGING IMPACT TO ACCESS FUNDING. 140795 140595 INCUMBENT WORKER TRAINING PROGRAM: PROGRAM PROVIDES PEOPLE 50 AND OLDER AN OPPORTUNITY TO INCREASE WAGES, RESPONSIBILITIES, AND MARKETABLE SKILLS TO SECURE JOB SECURITY. EMPLOYERS BENEFIT FROM REDUCED TRAINING COSTS, INCREASED EMPLOYEE PRODUCTIVITY AND HIGHER RETENTION RATES. PROVIDED UPSKILLING TRAINING FUNDS TO BUSINESSES EMPLOYEES AGE 50 AND OLDER, EARNING UP TO $16.00 AN HOUR WITH UP TO $2,000.00 IN TRAINING COSTS MAXIMUM PER FULLTIME EMPLOYEE WITH A COMMITMENT OF $2.00 PER HOUR WAGE INCREASE BY EMPLOYERS AFTER THE TRAINING IS COMPLETE. WITH AN ADDITIONAL $500.00 IN TRAINING DOLLARS AVAILABLE IF THE WAGE INCREASE IS HIGHER THAN $2.50 AN HOUR UPON COMPLETION OF THE TRAINING. 1387061 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X CORINNE GOBLE 2024304756 10 G ST NE 600 WASHINGTON DC 20002 X ROBERTA MCCULLOUGH CHAIR 5.00 X X 0 0 0 NICOLE LIATOS VICE CHAIR 5.00 X X 0 0 0 ANNE FLYNN SCHLICHT TREASURER 5.00 X X 0 0 0 KLASSI DUNCAN SECRETARY, CHAIR OF FUND DEVELOPMENT 5.00 X X 0 0 0 GWEN POKALO HART SECRETARY 5.00 X X 0 0 0 DIANE BEVAN BOARD MEMBER - UNTIL 06/2023 5.00 X 0 0 0 CHRISTY DAUER BOARD MEMBER 5.00 X 0 0 0 RUTH GARCIA-CORRALES BOARD MEMBER 5.00 X 0 0 0 SHARA GIBSON BOARD MEMBER - UNTIL 04/2023 5.00 X 0 0 0 DR DANNELLIA GLADDEN-GREEN BOARD MEMBER - UNTIL 04/2023 5.00 X 0 0 0 NIKKI HAHN BOARD MEMBER 5.00 X 0 0 0 KATTY IBARRA BOARD MEMBER 5.00 X 0 0 0 SOPHIA KANAAN BOARD MEMBER 5.00 X 0 0 0 JACKIE PERRAULT SEE SCHED O BOARD MEMBER - UNTIL 09/2023 5.00 X 27000 0 0 MARY ANNE PETRILLO BOARD MEMBER 5.00 X 0 0 0 TARSHA POLK HEARNS BOARD MEMBER - UNTIL 12/2023 5.00 X 0 0 0 CINDY RAMOS-DAVIDSON BOARD MEMBER 5.00 X 0 0 0 KATHRYN RUDLOFF BOARD MEMBER 5.00 X 0 0 0 RANA SHANAWANI BOARD MEMBER 5.00 X 0 0 0 KIM SHELTON BOARD MEMBER - UNTIL 10/2023 5.00 X 0 0 0 CORINNE GOBLE CEO 40.00 X 192529 0 12000 JESSICA YANKEE VP OF PROGRAMS 40.00 X 120720 0 10870 340249 0 22870 2 0 1 0 HYATT REGENCY 400 NEW JERSEY AVENUE NW WASHINGTON DC 20001 CONFERENCE VENUE 244600 PRISM STRATEGY 1333 H STREET NW WASHINGTON DC 20005 STRATEGIC COMMUNICATIONS 160521 2 97525 1564470 1661995 CONFERENCE FEES 900099 141504 141504 141504 1048 1048 1804547 141504 0 1048 493486 493486 231529 143170 67906 20453 215541 169778 21509 24254 20500 14350 4100 2050 53217 37252 10643 5322 3462 3462 35291 35291 12000 6000 4800 1200 102062 76199 25863 16333 16333 22141 5004 16137 1000 4954 2472 1988 494 628 314 251 63 95366 59116 29004 7246 344465 344081 384 1513 1513 3658 3658 TRAINING 57500 57500 NON-CAPITAL EQUIPMENT 18630 9315 7452 1863 PAYROLL PROCESSING FEES 8857 6200 1771 886 SUBSCRIPTIONS 7981 3991 3192 798 13004 13004 1762118 1387061 309428 65629 770964 397475 0 101048 30682 389590 1968 18252 110 34870 803724 941235 21190 85089 0 33382 21190 118471 X 782534 822764 782534 822764 803724 941235 42429 -2199 0 X 0 0 0 X 229160 388320 995764 1548503 1661995 4823742 229160 388320 995764 1548503 1661995 4823742 2071516 2752226 1048 1048 4824790 891692 0.57040 0.61080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 12000 12000 1750118 1762118 238106 59527 0 0 112799 172070 212483 238106 735458 1103187 18000 14500 12000 12000 56500 28200 43018 53121 59527 183866 275799 0 LEASE LIABILITY 33382 33382 1 SOUTHWESTERN COLLEGE FOUNDATION 900 OTAY LAKES ROAD CHULA VISTA CA 91910 953794927 501(C)(3) 35000 0 ADVOCATE, CONNECT, ENGAGE EDUCATION SUB GRANTS; EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT ATLANTA INSTITUTE OF FINANCIAL MARKETS 1526 EAST FORREST AVENUE EAST POINT GA 30344 851840391 25000 0 UPSKILLING TRAINING SUBGRANT D RICHARDSON GROUP LLC 15819 PERTHSHIRE CREEK DRIVE HUMBLE TX 77346 854308101 25000 0 UPSKILLING TRAINING SUBGRANT CDJJ ENTERPRISES LLC 535 NORTHAIRE DRIVE HOUSTON TX 77073 882756759 20000 0 UPSKILLING TRAINING SUBGRANT ROCKVILLE ECONOMIC DEVELOPMENT 51 MONROE STREET PLAZA EAST 20 ROCKVILLE MD 20850 522056731 501(C)(3) 20000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT CALIFORNIA STATE UNIVERSITY FRESNO FOUNDATION 4910 NORTH CHESTNUT AVENUE FRESNO CA 93726 946003272 501(C)(3) 15000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT JACKSONVILLE CHAMBER FOUNDATION 3 INDEPENDENT DRIVE JACKSONVILLE FL 32202 591867407 501(C)(3) 15000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT; ADVOCATE, CONNECT, ENGAGE EDUCATION SUB GRANT SUPERTRIMZ GRASS AND GARDEN 21145 SPRING PLAZA 4112 HOUSTON TX 77388 884130032 15000 0 UPSKILLING TRAINING SUBGRANT WESTERN DAIRYLAND ECONOMIC OPPORTUNITY COUNCIL INC 23122 WHITEHALL ROAD INDEPENDENCE WI 54747 391076993 501(C)(3) 15000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT RUFF RUFF LIFE LLC 710 EAST MAIN STREET LEXINGTON KY 40502 931394454 14500 0 UPSKILLING TRAINING SUBGRANT THE BEAUTIFUL CYCLE 530 EUCLID AVENUE SUITE 23-2 CLEVELAND OH 44115 832753513 13500 0 UPSKILLING TRAINING SUBGRANT FRIENDS OF PUERTO RICO PO BOX 1437 AGUADIALLA PR 00605 811143995 501(C)(3) 12000 0 DISASTER ASSISTANCE GRANT; EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT LIBERTY TAX 123 TYER CRESCENT W UNIT 8 PORTSMOUTH VA VA 23707 263273706 12000 0 UPSKILLING TRAINING SUBGRANT CALIFORNIA CAPITAL FDC 1792 TRIBUTE ROAD SUITE 270 SACRAMENTO CA 95815 942861631 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT CHATHAM UNIVERSITY 0 WOODLAND RD PITTSBURGH PA 15232 250717890 501(C)(3) 10000 0 ADVOCATE, CONNECT, ENGAGE EDUCATION SUB GRANT EL PASO HISPANIC CHAMBER OF COMMERCE 2401 E MISSOURI AVENUE EL PASO TX 79903 742555602 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT GREAT LAKES WOMEN'S BUSINESS COUNCIL 33109 SCHOOLCRAFT ROAD LIVONIA MI 48150 382571135 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT GREATER HOUSTON WOMEN'S FOUNDATION 3201 KIRBY DRIVE SUITE 400 HOUSTON TX 77098 300592390 501(C)(3) 10000 0 ADVOCATE, CONNECT, ENGAGE EDUCATION SUB GRANT JEFFERSON ECONOMIC DEVELOPMENT INSTITUTE 205 CHESTNUT STREET MOUNT SHASTA CA 96067 911764897 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT NEVADA BUSINESS OPPORTUNITY FUND 300 S 4TH STREET SUITE 400 LAS VEGAS NV 89101 880330270 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT OLD DOMINION UNIVERSITY RESEARCH FOUNDATION PO BOX 6369 NORFOLK VA 23508 546068198 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT THE CENTRE FOR WOMEN INC 305 S HYDE PARK AVENUE TAMPA FL 33606 591787909 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT URBAN LEAGUE OF LOUISIANA - WBC 4640 SOUTH CARROLLTON AVENUE NEW ORLANS LA 70119 720423627 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT USBC ECONOMIC DEVELOPMENT CORPORATION 1001 CONNECTICUT AVENUE NW SUITE 504 WASHINGTON DC 20036 900899831 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT WOMEN & TECHNOLOGY 2720 E BROADWAY AVENUE BISMARCK ND 58501 450454584 501(C)(3) 10000 0 ADVOCATE, CONNECT, ENGAGE EDUCATION SUB GRANT WOMEN'S ENTERPRISE DEVELOPMENT CENTER INC 901 NORTH BROADWAY SUITE 23 WHITE PLAINS NY 10603 134042394 501(C)(3) 10000 0 EDUCATION FOR SMALL BUSINESSES OUTREACH SUBGRANT YWCA OF SOUTHERN ARIZONA 525 N BONITA AVENUE TUCSON AZ 85745 860098937 501(C)(3) 10000 0 ADVOCATE, CONNECT, ENGAGE EDUCATION SUB GRANT LIZZY'S VENDING LLC 832 WEST GREENS ROAD SUITE 824 HOUSTON TX 77067 863902142 7576 0 UPSKILLING TRAINING SUBGRANT FUNDACION SILA M CALDERON INC URB SANTA RITA 1012 CALLE GONZALEZ SAN JUAN PR 00925 660655436 501(C)(3) 7000 0 DISASTER ASSISTANCE GRANT SISTEMA UNIVERSITARIO ANA G MENDEZ INCORPORADO 1339 ANA G MENDEZ AVENUE SAN JUAN PR 00926 660201206 501(C)(3) 7000 0 DISASTER ASSISTANCE GRANT 22 8 PART I, LINE 2: AWBC IS RESPONSIBLE FOR OVERSIGHT OF THE OPERATIONS OF SUB GRANT AWARD SUPPORTED ACTIVITIES. IT IS THE POLICY OF THE ORGANIZATION TO MONITOR ITS ACTIVITIES TO ASSURE COMPLIANCE WITH APPLICABLE FEDERAL AND FUNDER REQUIREMENTS AND PERFORMANCE EXPECTATIONS ARE BEING ACHIEVED. MONITORING MUST COVER EACH PROGRAM, FUNCTION OR ACTIVITY. PERFORMANCE REPORTS WILL BE SUBMITTED AT THE INTERVAL REQUIRED BY THE FEDERAL OR OTHER AWARDING AGENCY OR PASS-THROUGH ENTITY TO BEST INFORM IMPROVEMENTS IN PROGRAM OUTCOMES AND PRODUCTIVITY. X X X X X 0 0 0 0 0 0 0 1 0 CORINNE GOBLE CEO 172529 0 20000 0 0 0 0 0 12000 0 204529 0 0 0 PART I, LINE 7 CORINNE GOBLE RECEIVED A $20,000 BONUS IN 2023. JESSICA YANKEE RECEIVED A BONUS OF $3,600. BOTH BONUSES WERE AWARDED ON MERIT OF PERFORMANCE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERSHIP: 1) MEMBER ORGANIZATIONS 2) AFFILIATES ONLY MEMBER ORGANIZATIONS MAY VOTE. FORM 990, PART VI, SECTION A, LINE 7A ELECTION PROCESS: ELECTIONS ARE MADE BY SECRET BALLOT AT THE ANNUAL MEETING. EACH MEMBER ORGANIZATION RECEIVES ONE (1) BALLOT TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B BYLAWS MAY BE ALTERED, AMENDED OR REPEALED AND CHANGES IN BYLAWS MAY BE ADOPTED (I) BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE MEMBERS PRESENT AT THE ANNUAL MEETING OR SPECIAL MEETING OR (II) BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE BOARD OF DIRECTORS AT THE ANNUAL, REGULAR OR SPECIAL MEETING OF THE BOARD OF DIRECTORS, PROVIDED THAT IF THE PROPOSED AMENDMENT INVOLVES SPECIFIC MODIFICATIONS, WHICH ARE RESERVED EXCLUSIVELY FOR MEMBER APPROVAL BY THE NONPROFIT ACT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. A FINAL COPY OF THE RETURN WAS PROVIDED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE ORGANIZATION OBTAINS THE REQUISITE DISCLOSURES OF CONFLICTS OF INTEREST FROM ALL BOARD MEMBERS, OFFICERS, COMMITTEE MEMBERS, AND KEY EMPLOYEES. MANAGEMENT ENSURES THESE INDIVIDUALS FULLY COMPLY WITH THE POLICY. IF THE BOARD OF DIRECTORS OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORDS SUCH PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF SUCH PERSON, AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OF DIRECTORS OR COMMITTEE DETERMINES SUCH PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD OF DIRECTORS TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION CONTRACTED WITH AN INDEPENDENT 3RD PARTY CONSULTANT WITH DEEP SKILLS IN THIS AREA WHO PUBLISHED INDEPENDENT DATA SOURCES TO VALIDATE A COMPENSATION LEVEL AND STRUCTURE APPROPRIATE FOR THE CEO. THE CONSULTANT WORKED WITH BOTH STAFF AND THE BOARD OF DIRECTORS THROUGHOUT THE PROCESS. THE CEO'S COMPENSATION REVIEW PROCESS WAS DISCUSSED AND DOCUMENTED. THE LAST COMPENSATION REVIEW TOOK PLACE IN NOVEMBER 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A JACKIE PERRAULT SERVED AS A BOARD MEMBER UNTIL SEPTEMBER 2023. SUBSEQUENT TO THAT TIME, SHE WAS HIRED AS A FULL TIME EMPLOYEE OF THE ORGANIZATION. THEREFORE, THE COMPENSATION REPORTED ON PART VII REPRESENT HER PAYMENTS AS AN EMPLOYEE OF THE ORGANIZATION, NOT AS A MEMBER OF THE BOARD.