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Nonprofit · EIN 06-1493737

WOMENS BUSINESS DEVELOPMENT COUNCIL INC

Tax-exempt · STAMFORD, CT 06901

Financials

$7.4M$7.3M2023$19.3M$13.9M2024$8.2M$7.8M2025
Revenue Expenses · by fiscal year end
Financials of WOMENS BUSINESS DEVELOPMENT COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,226,373$7,783,951$442,422$12,912,760$4,817,042$8,095,718
December 31, 2024990$19,332,789$13,870,331$5,462,458$12,510,437$4,857,141$7,653,296
December 31, 2023990$7,391,783$7,322,220$69,563$7,651,236$5,460,398$2,190,838
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$7,752,598
of which government grants
$6,360,998
Program service revenue
$42,795
Investment income
$97,557
Net income from fundraising events
$301,834
Other revenue
$333,423

Expenses

Grants and similar amounts paid
$2,698,031
Compensation of officers, directors and key employees
$1,125,416
Other salaries and wages
$2,293,150
Salaries, compensation and benefits (total)
$3,988,353
Professional fundraising fees
$0
Legal fees
$3,990
Accounting fees
$46,823
Occupancy
$192,138
Travel
$74,957
Depreciation
$11,332
Program services (functional)
$6,571,702
Management and general (functional)
$817,361
Fundraising (functional)
$394,888

Balance sheet and other

Total assets, start of year
$12,510,437
Total assets, end of year
$12,912,760
Total liabilities, end of year
$4,817,042
Net assets, end of year
$8,095,718
Land, buildings and equipment
$194
Publicly traded securities
$14,909
Net assets without donor restrictions
$3,916,148
Net assets with donor restrictions
$4,179,570
Gross receipts
$8,495,921
Employees
39
Volunteers
158
Year formed
1998
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
FRAN PASTORECHIEF EXECUTIVE OFFICER
Officer
40$344,167$27,683
BRENDA THICKETTCHIEF OPERATING OFFICER
Highest-paid employee
40$233,671$23,910
TASHA JACKSONCHIEF FINANCIAL AND PEOPLE
Officer
40$233,976$6,623
KAREN HAMFINANCE DIRECTOR
Highest-paid employee
40$100,528$11,068
DANIELLE RUGGIEROSENIOR DIRECTOR OF PROGRAMS
Highest-paid employee
40$109,181$1,354
JOANN GULBINDIRECTOR OF MARKETING AND
Highest-paid employee
40$103,893$3,858
MOIRA COLLINSCHAIR
Trustee or director, Officer
1$0$0
LINDSEY KOPPVICE CHAIR
Trustee or director, Officer
1$0$0
MICHAEL WEINSTOCKDIRECTOR
Trustee or director
1$0$0
MARISSA WEIDNERDIRECTOR
Trustee or director
1$0$0
JUDITH CORPREWDIRECTOR
Trustee or director
1$0$0
SARAH WATSONDIRECTOR
Trustee or director
1$0$0
ANN MATTHEWSDIRECTOR
Trustee or director
1$0$0
PAMELA DAYS-LUKETICHDIRECTOR
Trustee or director
1$0$0
KAREN GOYETTEDIRECTOR
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
NICHELLE WADDELLDIRECTOR
Trustee or director
1$0
AMANDA CASTELLANOSECRETARY
Trustee or director, Officer
1$0
TAL KADARDIRECTOR
Trustee or director
1$0
JANET DEFRINOTREASURER
Trustee or director, Officer
1$0
RACHEL KHANNADIRECTOR
Trustee or director
1$0
FLAVIA NASLAUSKYDIRECTOR
Trustee or director
1$0
LEIDY NUNEZDIRECTOR
Trustee or director
1$0
MARLENE PICHEDIRECTOR
Trustee or director
1$0
HEATHER RAHILLYDIRECTOR
Trustee or director
1$0
JODY SUNNADIRECTOR
Trustee or director
1$0
TRISH HAVEYDIRECTOR
Trustee or director
1$0
LAURA DAVISDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
FRAN PASTORECHIEF EXECUTIVE OFFICER
Officer
40$324,146$32,357
BRENDA THICKETTCHIEF OPERATING OFFICER
Highest-paid employee
40$208,860$22,628
TASHA JACKSONCHIEF FINANCIAL AND PEOPLE OFFICER
Officer
40$217,394$0
LOUISE LISBOAVP OF CHILD CARE PROGRAM AND IMPACT
Highest-paid employee
40$113,846$4,154
ELANA MILIANTACHAIR
Trustee or director, Officer
1$0$0
SANDRA ARKELLVICE CHAIR
Trustee or director, Officer
1$0$0
MICHAEL WEINSTOCKDIRECTOR
Trustee or director
1$0$0
MARISSA WEIDNERDIRECTOR
Trustee or director
1$0$0
ELIZABETH T HIRSCHDIRECTOR
Trustee or director
1$0$0
SARAH WATSONDIRECTOR
Trustee or director
1$0$0
ANN MATTHEWSDIRECTOR
Trustee or director
1$0$0
KATIA LACYDIRECTOR
Trustee or director
1$0$0
LINDSEY KOPPDIRECTOR
Trustee or director
1$0$0
NICHELLE WADDELLDIRECTOR
Trustee or director
1$0$0
AMANDA CASTELLANODIRECTOR
Trustee or director
1$0$0
SHARON KANEDIRECTOR
Trustee or director
1$0$0
JANET DEFRINODIRECTOR
Trustee or director
1$0$0
MOIRA COLLINSDIRECTOR
Trustee or director
1$0$0
FLAVIA NASLAUSKYDIRECTOR
Trustee or director
1$0$0
MONICA MOOREDIRECTOR
Trustee or director
1$0$0
ERIN KANGDIRECTOR
Trustee or director
1$0$0
SONIA HOUNSELLDIRECTOR
Trustee or director
1$0$0
PATTI MELICKDIRECTOR
Trustee or director
1$0$0
TRISH HAVEYDIRECTOR
Trustee or director
1$0$0
LAURA DAVISDIRECTOR
Trustee or director
1$0$0
TRAVIS PARMANDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
FRAN PASTOREPRESIDENT AND CEO
Officer
40$285,437$27,420
BRENDA THICKETTVP OF PROGRAMS
Key employee
40$200,201$15,453
TASHA JACKSONCFO
Officer
40$161,635$0
DOROTHY BRATCHELLCOO
Officer
40$102,830$11,415
LOUISE LISBOA-MENEZESOPERATIONS MANAGER
Highest-paid employee
40$109,615$3,985
VANESSA ABRAHAMS-JOHNDIRECTOR
Trustee or director
1$0$0
GAIL LEHMANDIRECTOR
Trustee or director
1$0$0
SHOSHANA LUBINDIRECTOR
Trustee or director
1$0$0
SANDRA ARKELLVICE CHAIR
Trustee or director, Officer
1$0$0
PATTI MELICKDIRECTOR
Trustee or director
1$0$0
GREG BEHRMANDIRECTOR
Trustee or director
1$0$0
ELANA MILIANTADIRECTOR
Trustee or director
1$0$0
CHANTAL COFFYDIRECTOR
Trustee or director
1$0$0
FLAVIA NASLAUSKYDIRECTOR
Trustee or director
1$0$0
MOIRA COLLINSDIRECTOR
Trustee or director
1$0$0
JANET DEFRINODIRECTOR
Trustee or director
1$0$0
SHARON KANEDIRECTOR
Trustee or director
1$0$0
DENISE KAUFMANDIRECTOR
Trustee or director
1$0$0
AMANDA CASTELLANODIRECTOR
Trustee or director
1$0$0
MARTHA FINKELDIRECTOR
Trustee or director
1$0$0
LINDSEY KOPPDIRECTOR
Trustee or director
1$0$0
KATIA LACYDIRECTOR
Trustee or director
1$0$0
ANN MATTHEWSDIRECTOR
Trustee or director
1$0$0
REBECCA WILSONDIRECTOR
Trustee or director
1$0$0
ELIZABETH T HIRSCHCHAIR
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
422 SUMMER ST, STAMFORD, CT 06901-1324
Principal officer (990 for 2025)
FRAN PASTORE, 422 SUMMER ST, STAMFORD, CT 06901
Signed the 990
FRAN PASTORE, PRESIDENT & CEO
Phone
(203) 353-1750
Return prepared by
WHITTLESEY PC

Mission

THE MISSION OF THE WOMEN'S BUSINESS DEVELOPMENT COUNCIL (WBDC) IS TO SUPPORT ECONOMIC PROSPERITY FOR WOMEN AND STRENGTHEN COMMUNITIES THROUGH ENTREPRENEURIAL AND FINANCIAL EDUCATION SERVICES THAT CREATE AND GROW SUSTAINABLE JOBS AND BUSINESSES ACROSS CONNECTICUT.

990 for the year ended December 31, 2025

Program accomplishments

  • THE MISSION OF THE WOMEN'S BUSINESS DEVELOPMENT COUNCIL (WBDC) IS TO STRENGTHEN AND SUPPORT ECONOMIC SUCCESS FOR WOMEN THROUGH ENTREPRENEURIAL SERVICES THAT LAUNCH AND GROW BUSINESSES ACROSS CONNECTICUT. WBDC SERVES CLIENTS FROM CONNECTICUT'S 169 CITIES AND TOWNS FROM ITS FOUR REGIONAL OFFICES ACROSS THE STATE: NEW HAVEN, STAMFORD, WATERBURY AND NEW LONDON. SINCE 1997 WBDC HAS BEEN PROVIDING THE TRAINING NECESSARY TO GUIDE ASPIRING, EMERGING, AND ESTABLISHED ENTREPRENEURS ALONG THEIR GROWTH JOURNEY. SERVICES OFFERED INCLUDE THE FOLLOWING:EDUCATIONAL OPPORTUNITIES: 1:1 BUSINESS ADVISING, CLASSES (IN-PERSON AND VIRTUAL), ON-DEMAND LEARNING, MENTORING.IN ADDITION TO TRAINING, WBDC BELIEVES IN CONNECTING OUR CLIENTS, DONORS, AND OTHER STAKEHOLDERS, FOSTERING BUSINESS GROWTH THROUGH COLLABORATION AND TEAM SUPPORT.COMMUNITY ENGAGEMENTS: WBDC CONNECT MEMBERSHIP, COURAGEOUS CONVERSATIONS PODCAST, ANNUAL GALA & FUNDRAISING EVENTS, VIRTUAL MARKETPLACE, PUBLIC SPEAKING & MEDIA OPPORTUNITIES.FINANCIAL RESOURCES: WBDC HELPS ITS CLIENTS IDENTIFY SOURCES OF CAPITAL WHICH ALIGN WITH THEIR UNIQUE BUSINESS NEEDS AND PROVIDES GUIDANCE THROUGH THE APPLICATION AND COMPLIANCE PROCESS. RESOURCES INCLUDE WBDC'S OPPORTUNITY FUND GRANTS, BANK AND NON-BANK LOANS, PRIVATE INVESTMENTS, FEDERAL AND STATE COVID-19 RELIEF, OTHER NON-TRADITIONAL LOANS AND GRANTS.BUSINESS SUPPORT PROGRAM FOR CT CHILD CARE PROVIDERS: WBDC OFFERS A COMPREHENSIVE SUITE OF BUSINESS DEVELOPMENT SERVICES SUPPORTING CT CHILD CARE PROVIDERS, HOME AND CENTER-BASED, TO HELP THEM LAUNCH, SUSTAIN, AND GROW THEIR BUSINESSES. THE CHILD CARE BUSINESS DEVELOPMENT PROGRAM CATERS EXCLUSIVELY TO THE BUSINESS NEEDS OF THE CHILDCARE INDUSTRY: CUSTOMIZED ENTREPRENEURIAL TRAINING & TECHNICAL ASSISTANCE, PERSONAL FINANCIAL TRAINING & COACHING, MENTORING, FISCAL AND TECHNOLOGY INCENTIVES, ADVOCACY, TRAIN THE TRAINER.
    Expenses $6,571,702 · grants $2,698,031 · revenue $74,384

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-1493737
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$12,912,760
Income (IRS master file)
$8,495,921

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$8,226,373$7,783,951$12,912,760XML
990December 2024$19,332,789$13,870,331$12,510,437XML
990December 2023$7,391,783$7,322,220$7,651,236XML
990December 2022$6,726,773$6,707,087$3,422,440IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1493737).

Questions about WOMENS BUSINESS DEVELOPMENT COUNCIL INC

What is the EIN of WOMENS BUSINESS DEVELOPMENT COUNCIL INC?
The employer identification number (EIN) of WOMENS BUSINESS DEVELOPMENT COUNCIL INC is 06-1493737.
Is WOMENS BUSINESS DEVELOPMENT COUNCIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to WOMENS BUSINESS DEVELOPMENT COUNCIL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WOMENS BUSINESS DEVELOPMENT COUNCIL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WOMENS BUSINESS DEVELOPMENT COUNCIL INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WOMENS BUSINESS DEVELOPMENT COUNCIL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of WOMENS BUSINESS DEVELOPMENT COUNCIL INC?
The 990 for the year ended December 31, 2025 names FRAN PASTORE.
Who are the officers and directors of WOMENS BUSINESS DEVELOPMENT COUNCIL INC?
The 990 for the year ended December 31, 2025 lists 27 people; 6 received compensation from the organization, the highest $344,167 (FRAN PASTORE, CHIEF EXECUTIVE OFFICER).
How much revenue does WOMENS BUSINESS DEVELOPMENT COUNCIL INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $8,226,373, expenses of $7,783,951 and total assets of $12,912,760 at year end.

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