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Nonprofit · EIN 82-1032072

WOMENS INNOVATION GROUP

Also known as WORLD INNOVATION GROUP

Tax-exempt · HOMEWOOD, IL 60430

Financials

$286K$272K2024
Revenue Expenses · by fiscal year end
Financials of WOMENS INNOVATION GROUP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$285,984$271,801$14,183$117,507$102,718$14,789
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$285,984
of which government grants
$260,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$49,043
Other salaries and wages
$37,452
Salaries, compensation and benefits (total)
$104,349
Professional fundraising fees
$0
Accounting fees
$14,371
Occupancy
$22,800
Travel
$945
Program services (functional)
$264,177
Management and general (functional)
$40
Fundraising (functional)
$7,584

Balance sheet and other

Total assets, start of year
$606
Total assets, end of year
$117,507
Total liabilities, end of year
$102,718
Net assets, end of year
$14,789
Net assets without donor restrictions
$14,789
Gross receipts
$285,984
Employees
5
Year formed
2017
State of legal domicile
IL

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
GAYLE NEWCOMBPresident
Trustee or director
18$49,043
SHARON HODGESTreasurer
Officer
1$0

Address and contacts

Address (IRS master file)
17926 S HALSTED ST SUITE 1E, HOMEWOOD, IL 60430-2029
In care of
% GAYLE NEWCOMB
Mailing address (990-N for 2023)
2328 Glenwood Dyer, Lynwood IL 60411
Principal officer (990 for 2024)
GAYLE NEWCOMB, 17926 Halsted 1E, HOMEWOOD, IL 60430
Principal officer (990-N for 2023)
Gayle Newcomb, 2328 Glenwood Dyer, Lynwood IL 60411
Signed the 990
GAYLE NEWCOMB, President
Return prepared by
SD Hodges & Associates PC

Mission

The Women's Innovation Group mission is to empower women business owners to internalize comprehensive business principles and create an environment that inspires collaboration and networking.The Women's Innovation Group empowers Proverb 31 woman to incorporate the principles of business, in a supportive environment that fosters productive business relationships and innovation. The following target areas are:WomenBusinessFamilyChildren

990 for the year ended December 31, 2024

Program accomplishments

  • The Women's Innovation Group will facilitate various outreach programs, events, conferences and fairs tailored to address all areas. All workshops, classes, training and seminars will be developed under the Business Empowerment Programs.Our Community Program for families and children are the Technical Program and our Pre-Apprenticeship Program.
    Expenses $264,177 · grants $260,000 · revenue $25,984

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
82-1032072
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$117,507
Income (IRS master file)
$285,984

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$285,984$271,801$117,507XML
990-N for 2023
Officer: Gayle Newcomb
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Gayle Newcomb
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Gayle Newcomb
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Gayle Newcomb
December 31, 2019≤ $50,000 receipts––e-Postcard

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 82-1032072).

Questions about WOMENS INNOVATION GROUP

What is the EIN of WOMENS INNOVATION GROUP?
The employer identification number (EIN) of WOMENS INNOVATION GROUP is 82-1032072.
Is WOMENS INNOVATION GROUP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to WOMENS INNOVATION GROUP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WOMENS INNOVATION GROUP 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 INNOVATION GROUP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WOMENS INNOVATION GROUP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WOMENS INNOVATION GROUP?
The 990 for the year ended December 31, 2024 names GAYLE NEWCOMB.
Who are the officers and directors of WOMENS INNOVATION GROUP?
The 990 for the year ended December 31, 2024 lists 2 people; 1 received compensation from the organization, the highest $49,043 (GAYLE NEWCOMB, President).
How much revenue does WOMENS INNOVATION GROUP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $285,984, expenses of $271,801 and total assets of $117,507 at year end.

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