2025-11-17T10:06:15-06:00 2024-12-31 061667465 PRAGER METIS CPAS LLC 800 WESTCHESTER AVE SUITE N-400 RYE BROOK NY 10573 990 2024-01-01 134042394 WOMEN'S ENTERPRISE DEVELOPMENT CENTER IN WOME 9149486098 901 NORTH BROADWAY 23 NORTH WHITE PLAINS NY 10603 NIKKI HAHN CEO 9149486098 2025-11-17 1 1 JOSEPH J ROSOFF P01046708 9146944600 2025-11-17 2024 2025-03-06 01:10:19Z NIKKI HAHN 901 NORTH BROADWAY SUITE 23 NORTH WHITE PLAINS NY 10603 1448073 0 X WWW.WEDCBIZ.ORG X 1997 NY SEE DETAILED STATEMENT OF PROGRAM SERVICE ACTIVITIES ON SCHEDULE O; SEE ALSO PART III 14 14 11 150 0 0 1481625 1383265 57140 41300 377 1127 -8997 -14206 1530145 1411486 15000 15000 0 0 888614 806553 0 0 46318 689664 680987 1593278 1502540 -63133 -91054 1843469 1636908 336313 220806 1507156 1416102 X THE WOMEN'S ENTERPRISE DEVELOPMENT CENTER (WEDC) EMPOWERS ENTREPRENEURS TO BUILD SUCCESSFUL BUSINESSES BY PROVIDING HIGH QUALITY TRAINING PROGRAMS, ADVISORY SERVICES, AND ACCESS TO CAPITAL TO GENERATE ECONOMIC GROWTH IN WESTCHESTER COUNTY AND THE HUDSON VALLEY. 0 0 1198866 15000 41300 WEDC PROVIDES TRAINING, ADVISORY SERVICES, AND ACCESS TO CAPITAL FOR WOMEN ENTREPRENEURS THROUGHOUT WESTCHESTER COUNTY AND THE LOWER AND MID-HUDSON VALLEY. DURING 2024, WEDC SERVED 174 UNIQUE SPANISH-SPEAKING CLIENTS AND 585 UNIQUE ENGLISH-SPEAKING CLIENTS. IN ADDITION, WEDC SUBMITTED 18 MWBE APPLICATIONS, OFFERED 245 TRAINING SESSIONS, 97 WORKSHOPS AND PROVIDED MORE THAN 950 HOURS OF TECHNICAL ASSISTANCE. SEE ALSO SCHEDULE O EXTENSIONS FOR PART I, LINE 1. WEDC SERVES BOTH WOMEN AND MEN, AND ITS SERVICES ARE AVAILABLE TO ALL POPULATION GROUPS, WITH THOSE SERVED BEING MAINLY CAUCASIAN, LATINO/HISPANIC, AND AFRICAN AMERICAN. 1198866 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X NIKKI HAHN 9149486098 901 NORTH BROADWAY STE 23 NORTH WHITE PLAINS NY 10603 BARBARA VAN BERGEN TREASURER 3.00 X X 0 0 0 RITA RAMIREZ PRESIDENT 3.00 X X 0 0 0 STEPHEN CHASE VICE PRESIDENT 3.00 X X 0 0 0 KAREN A CAMPBELL DIRECTOR 3.00 X 0 0 0 REDINA HEMBREE DIRECTOR 2.00 X 0 0 0 NANCY KESSLER SECRETARY 3.00 X 0 0 0 GINGER SIEGEL DIRECTOR 1.00 X 0 0 0 LISA TRETLER DIRECTOR 3.00 X 0 0 0 AMANDA HACK DIRECTOR 1.00 X 0 0 0 JEFF DAVIS DIRECTOR 1.00 X 0 0 0 CHELEN REYES DIRECTOR THROUGH JANUARY 2024 1.00 X 0 0 0 SHALYN COURTENAY DIRECTOR 1.00 X 0 0 0 ISABEL SANCHEZ DIRECTOR 1.00 X 0 0 0 DONNA RUZZI DIRECTOR 1.00 X 0 0 0 ROBYN WILLIAMS DIRECTOR 1.00 X 0 0 0 NIKKI HAHN CHIEF EXECUTIVE OFFICER 40.00 X 136500 0 0 136500 0 0 2 0 0 0 THE TMC ADVANTAGE 169 EDGECOMBE AVE APT 4C NEW YORK NY 10030 ACCOUNTING/CONTRACT SERVICES 111953 1 70304 945045 367916 1383265 PROGRAM FEES 611430 41300 41300 41300 1127 1127 6500 0 6500 6500 6500 12375 70304 36587 -24212 -24212 OTHER REVENUE 900099 3506 3506 3506 1411486 41300 0 -13079 X 15000 15000 136500 109200 20475 6825 606473 485178 90971 30324 8167 6534 1225 408 55413 44330 8312 2771 99586 99586 444512 428053 16459 1155 1155 38888 31111 5842 1935 25191 20153 3778 1260 42346 33877 6352 2117 302 242 45 15 9533 7626 1430 477 11623 9298 2325 DUES & SUBSCRIPTIONS 3712 2970 556 186 MISC EXPENSES 3346 3346 PRINTING & PUBLICATIONS 793 793 1502540 1198866 257356 46318 272572 362446 300777 330443 1083790 786639 3250 731 73913 66791 15079 7122 10234 170520 136774 1843469 1636908 63961 82365 272352 138441 336313 220806 X 1447931 1354569 59225 61533 1507156 1416102 1843469 1636908 -91054 0 X 0 1 X 1 0 X 1543419 1739015 1063745 1481625 1383265 7211069 1543419 1739015 1063745 1481625 1383265 7211069 405045 6806024 501 146 94 377 1127 2245 6000 6000 7906 6000 10006 35912 7249226 210974 0.93890 0.94940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1502540 1502540 225127 56282 0 0 220667 228451 229664 225127 903909 1355864 55167 57113 57416 56282 225978 338967 73913 66791 7122 7122 SECURITY DEPOSIT 6663 OPERATING LEASE RIGHT-OF-USE ASSET 107658 FINANCE LEASE RIGHT-OF-USE ASSET 22453 136774 OPERATING LEASE LIABILITY 115434 FINANCE LEASE LIABILITY 23007 138441 X 1433892 22406 22406 1411486 0 1411486 1524946 22406 22406 1502540 0 1502540 PART X, LINE 2: WEDC'S ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. SPECIAL EVENTS - GALA 82679 70304 12375 12375 24212 82679 70304 12375 12375 24212 36587 -24212 0 APEX KITCHEN RX LLC 21 DRLENE DRIVE POUGHKEEPSIE NY 12601 5000 0 LEADERSHIP GRANT LEAN ON ME WESTCHESTER DOULA LLC 185 WOODS BROOKE CIRCLE OSSINING NY 10562 5000 0 LEADERSHIP GRANT MIRAME LLC 57 PRIMROSE STREET WHITE PLAINS NY 10606 5000 0 LEADERSHIP GRANT 3 FORM 990, PART I, LINE 1 THE WOMEN'S ENTERPRISE DEVELOPMENT CENTER INC. (WEDC) EMPOWERS ENTREPRENEURS TO BUILD SUCCESSFUL BUSINESSES BY PROVIDING HIGH-QUALITY TRAINING PROGRAMS, ADVISORY SERVICES AND ACCESS TO CAPITAL TO PROMOTE THE GROWTH OF WOMEN'S ENTREPRENEURSHIP THROUGHOUT WESTCHESTER COUNTY AND THE MID-HUDSON VALLEY. THE PROGRAM IS DESIGNED TO HELP WOMEN START AND EXPAND THEIR BUSINESSES TO ACHIEVE ECONOMIC INDEPENDENCE. WEDC ACHIEVES ITS GOALS BY OFFERING A WIDE ARRAY OF BUSINESS DEVELOPMENT PROGRAMS AND SERVICES INCLUDING ITS 60-HOUR ENTREPRENEURIAL TRAINING PROGRAM, ONE-ON-ONE BUSINESS COUNSELING, WORKSHOPS, SMALL GROUP COUNSELING SESSIONS, WEBINARS, ASSISTANCE WITH ACCESSING CAPITAL AND ASSISTANCE WITH M/WBE CERTIFICATION. WEDC ALSO OFFERS MENTORING AND NETWORKING OPPORTUNITIES. IN ADDITION, WEDC PROVIDES BUSINESS TRAINING TO SPECIAL GROUPS SUCH AS CHILDCARE PROVIDERS AND FEMALE VETERANS. THE PROGRAMS AND SERVICES ARE OFFERED IN ENGLISH AND SPANISH. WEDC IS THE US SMALL BUSINESS ADMINISTRATION'S ("SBA") WOMEN'S BUSINESS CENTER AND THE EMPIRE STATE DEVELOPMENT'S ENTREPRENEURIAL ASSISTANCE PROGRAM ("EAP") CENTER FOR BOTH WESTCHESTER COUNTY AND THE MID-HUDSON VALLEY. FORM 990, PART I, LINE 6 THE ORGANIZATION RELIES ON THE GENEROSITY OF VOLUNTEERS TO HELP CARRYOUT ITS MISSION. VOLUNTEERS PROVIDE A WIDE ARRAY OF SERVICES TO THE ORGANIZATION FROM SERVING ON EVENT PLANNING COMMITTEES TO PRESENTING WORKSHOPS ON BUSINESS TOPICS. FORM 990, PART VI, SECTION B, LINE 11B WEDC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE RETURN HAS BEEN PREPARED, IT IS REVIEWED BY THE AUDIT COMMITTEE. AFTER ALL QUESTIONS HAVE BEEN ADDRESSED AND THE FORM 990 IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY CIRCULATED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES, IN ADDITION TO ANNUAL DISCLOSURE, ARE REQUIRED TO MAKE DISCLOSURES AS NEEDS ARISE AND TO REFRAIN FROM PARTICIPATION IN DECISION-MAKING (APART FROM PROVIDING INFORMATION) WHILE THE MATTER IS REVIEWED AND ANY RELATED ACTIONS TAKEN. AFTER THE INITIAL DISCLOSURE, THE AFFECTED INTERESTED PERSON IS REQUIRED TO PROVIDE ADDITIONAL, STANDARD INFORMATION AND ALSO TO MAKE FULL DISCLOSURE OF ANY TRANSACTION AND RELATED INFORMATION WHICH MAY BE REQUESTED. DISCLOSURES ARE NORMALLY REFERRED INITIALLY TO THE AUDIT COMMITTEE, WHICH CONDUCTS A FULL REVIEW AND MAKES RECOMMENDATIONS AS TO WHETHER ANY ACTIONS INVOLVED WOULD BE IN THE BEST INTEREST OF WEDC, WITH OR WITHOUT ADDITIONAL CONDITIONS. WEDC'S BOARD OF DIRECTORS (WHICH MAY ALSO, IF IT WISHES, PERFORM ALL OR PART OF THE FULL REVIEW NORMALLY DONE BY THE AUDIT COMMITTEE) CONSIDERS THE MATTER, TOGETHER WITH ANY AUDIT COMMITTEE RECOMMENDATION, AND MAKES ANY DECISIONS INDICATED BY THE CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS AND RECOMMENDS APPROVAL OF THE SALARY FOR THE CHIEF EXECUTIVE OFFICER, SUBJECT TO FURTHER REVIEW AND APPROVAL BY THE BOARD. THE COMPENSATION COMMITTEE, REPORTING TO THE BOARD, ALSO PERIODICALLY REVIEWS OTHER STAFF COMPENSATION TO DETERMINE, BASED UPON COMPENSATION LEVELS AND OTHER FACTORS, OTHER KEY EMPLOYEES FOR WHOM ADDITIONAL COMPENSATION REVIEW IS DEEMED APPROPRIATE. THE COMMITTEE AND BOARD PROCESS WAS MOST RECENTLY COMPLETED DURING FEBRUARY 2025. FORM 990, PART VI, SECTION C, LINE 19 WEDC MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON THE NEW YORK STATE ATTORNEY GENERAL WEBSITE AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING WEDC DIRECTLY. FORM 990, PART IX, LINE 11G CONTRACT SERVICES (PROGRAM EXPENSES): PROGRAM SERVICE EXPENSES 133,064. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 133,064. PROFESSIONAL AND CONSULTING FEES: PROGRAM SERVICE EXPENSES 294,989. MANAGEMENT AND GENERAL EXPENSES 16,459. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 311,448. FORM 990, PART VI, LINE 14 WEDC'S MANAGEMENT AND BOARD OF DIRECTORS ARE AWARE OF THE RULES AND REGULATIONS CONCERNING DOCUMENT RETENTION AND DESTRUCTION. SHOULD SUCH SITUATIONS ARISE, THE ORGANIZATION INTENDS TO FULLY COMPLY WITH THE REQUIREMENTS.