Nonprofit · EIN 23-2810092
WOMENS BUSINESS ENTERPRISE CENTER EAST
Also known as ELIZABETH WALSH MBR
Tax-exempt · PHILADELPHIA, PA 19109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,971,463 | $1,894,284 | $77,179 | $2,198,582 | $769,058 | $1,429,524 |
| December 31, 2024 | 990 | $2,036,583 | $1,917,495 | $119,088 | $2,194,428 | $842,083 | $1,352,345 |
| December 31, 2023 | 990 | $990,318 | $874,685 | $115,633 | $2,384,182 | $1,150,925 | $1,233,257 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $808,365
- of which government grants
- $172,500
- Program service revenue
- $1,199,480
- Investment income
- $12,346
- Net gain from sales of assets
- -$130
- Net income from fundraising events
- -$48,728
- Other revenue
- -$48,728
Expenses
- Grants and similar amounts paid
- $15,000
- Compensation of officers, directors and key employees
- $241,431
- Other salaries and wages
- $724,985
- Salaries, compensation and benefits (total)
- $1,185,875
- Professional fundraising fees
- $0
- Legal fees
- $1,086
- Accounting fees
- $234,969
- Occupancy
- $122,645
- Travel
- $21,351
- Depreciation
- $12,843
- Program services (functional)
- $1,526,644
- Management and general (functional)
- $356,473
- Fundraising (functional)
- $11,167
Balance sheet and other
- Total assets, start of year
- $2,194,428
- Total assets, end of year
- $2,198,582
- Total liabilities, end of year
- $769,058
- Net assets, end of year
- $1,429,524
- Land, buildings and equipment
- $36,854
- Net assets without donor restrictions
- $1,353,229
- Net assets with donor restrictions
- $76,295
- Gross receipts
- $2,048,231
- Employees
- 14
- Volunteers
- 8
- Year formed
- 1995
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH WALSH | PRESIDENT Officer | 40 | $204,737 | $36,694 |
| GEORGE EHRGOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NANCY GUNZA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CECILIA ISAACS-BLUNDIN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CYNTHIA FUNARO TOWERS ESQ | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| VERNICE LEWIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LIV CARTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALLEN RIDDICK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DALE BUDDINE | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH WALSH | PRESIDENT Officer | 40 | $207,185 | $41,765 |
| GEORGE EHRGOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NANCY GUNZA CPA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CECILIA ISAACS-BLUNDIN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CYNTHIA FUNARO TOWERS ESQ | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| VERNICE LEWIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LIV CARTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALLEN RIDDICK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DALE BUDDINE | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH WALSH | PRESIDENT Officer | 40 | $207,066 | $14,796 |
| GEORGE EHRGOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NANCY GUNZA CPA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CECILIA ISAACS-BLUNDIN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CYNTHIA FUNARO TOWERS ESQ | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| VERNICE LEWIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LIV CARTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALLEN RIDDICK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DALE BUDDINE | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 123 S BROAD ST STE 500, PHILADELPHIA, PA 19109-1059
- Principal officer (990 for 2025)
- ELIZABETH WALSH, 123 S BROAD STREET SUITE 500, PHILADELPHIA, PA 19109
- Signed the 990
- ELIZABETH WALSH, PRESIDENT
- Phone
- (215) 790-9232
- Website
- WWW.WBECEAST.COM
- Return prepared by
- HAEFELE FLANAGAN & CO PC
Mission
WBEC-EAST IS DEDICATED TO THE ECONOMIC EMPOWERMENT OF ENTREPRENEURS BY PROVIDING WORLD-CLASS ENTREPRENEURIAL TRAINING AND EDUCATION, AND THE TOOLS AND NETWORKING OPPORTUNITIES TO DEVELOP AND GROW SUCCESSFUL BUSINESSES. FORMED IN 1995, WBEC-EAST HAS FOSTERED AND DEVELOPED HUNDREDS OF BUSINESSES BY OFFERING A COMPREHENSIVE MENU OF ENTREPRENEURIAL EDUCATION, TRAINING, ACCESS TO CAPITAL AND CERTIFICATION. IN THE PAST YEAR ALONE WBEC-EAST HAS PROVIDED 250+ EDUCATIONAL AND NETWORKING OPPORTUNITIES TO 3000+ SMALL BUSINESS START-UPS AND OWNERS. WBEC-EAST SERVES A BROAD SPECTRUM OF ENTREPRENEURS FROM ALL BACKGROUNDS INCLUDING ASPIRING MICRO-ENTREPRENEURS TO OWNERS OF MULTI-GENERATION ESTABLISHED FAMILY-OWNED COMPANIES.
Program accomplishments
- BUSINESS TRAINING: WBEC-EAST PROVIDES START UP, EMERGING AND ESTABLISHED ENTREPRENEURS' VIRTUAL EDUCATION AND IN-PERSON TRAINING WORKSHOPS. THESE EDUCATION AND TRAINING WORKSHOPS INCLUDE: MARKET RESEARCH, FINANCIAL ANALYSIS, BUSINESS PLANNING, BUSINESS COACHING ETC.Expenses $360,568 · grants $15,000 · revenue $34,680
- CERTIFICATION: WBEC-EAST THROUGH ITS PARTNERSHIP WITH THE WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL ("WBENC") PROVIDES CERTIFICATIONS TO WOMEN-OWNED BUSINESSES. THESE CERTIFICATIONS ARE USED AS A MARKETING TOOL FOR EXPANDING A COMPANY'S VISIBILITY FOR SOURCING SOLUTIONS AND INTENTIONAL PROCUREMENT.Expenses $1,166,076 · revenue $992,400
- MEMBERSHIPS: WBEC-EAST PROVIDES AN OPPORTUNITY FOR CORPORATIONS AND GOVERNMENTAL ENTITIES TO SHOW THEIR SUPPORT FOR SMALL BUSINESSES.revenue $172,400
- SCHOLARSHIPS: WBEC-EAST SOLICITS FUNDS THAT ARE DEDICATED TO INTERNAL SCHOLARSHIP AND GRANTS. SCHOLARSHIPS AND GRANTS ARE ISSUED TO OFFSET FEES TO ATTEND VARIOUS ENTREPRENEURIAL TRAINING PROGRAMS FOR INDIVIDUALS STARTING OR GROWING THEIR BUSINESS. RECIPIENTS OF THESE FUNDS ARE ADVISED OF THE BENEFACTOR.revenue $26,300
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2810092
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $2,198,582
- Income (IRS master file)
- $2,048,231
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,971,463 | $1,894,284 | $2,198,582 | XML |
| 990 | December 2024 | $2,036,583 | $1,917,495 | $2,194,428 | IRS |
| 990 | December 2023 | $990,318 | $874,685 | $2,384,182 | XML |
| 990 | June 2023 | $1,768,887 | $1,744,254 | $2,175,815 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 23-2810092).
Questions about WOMENS BUSINESS ENTERPRISE CENTER EAST
- What is the EIN of WOMENS BUSINESS ENTERPRISE CENTER EAST?
- The employer identification number (EIN) of WOMENS BUSINESS ENTERPRISE CENTER EAST is 23-2810092.
- Is WOMENS BUSINESS ENTERPRISE CENTER EAST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to WOMENS BUSINESS ENTERPRISE CENTER EAST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WOMENS BUSINESS ENTERPRISE CENTER EAST 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 ENTERPRISE CENTER EAST 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 ENTERPRISE CENTER EAST 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 ENTERPRISE CENTER EAST?
- The 990 for the year ended December 31, 2025 names ELIZABETH WALSH.
- Who are the officers and directors of WOMENS BUSINESS ENTERPRISE CENTER EAST?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $204,737 (ELIZABETH WALSH, PRESIDENT).
- How much revenue does WOMENS BUSINESS ENTERPRISE CENTER EAST have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,971,463, expenses of $1,894,284 and total assets of $2,198,582 at year end.
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