WOMENS BUSINESS DEVELOPMENT COUNCIL INC Charity Report

Public IRS 990 nonprofit record

WOMENS BUSINESS DEVELOPMENT COUNCIL INC

EIN 06-1493737 · Educational Services (B90)

What they do

THE MISSION of THE WOMENS BUSINESS DEVELOPMENT COUNCIL(WBDC) is to STRENGTHEN and SUPPORT ECONOMIC SUCCESS for WOMENTHROUGH ENTREPRENEURIAL SERVICES THAT LAUNCH and GROW BUSINESSESACROSS CONNECTICUT. WBDC SERVES CLIENTS FROM CONNECTICUTS 169 CITIESAND TOWNS FROM ITS FOUR REGIONAL OFFICES ACROSS THE STATE: NEWHAVEN, STAMFORD, WATERBURY and NEW LONDON. SINCE 1997 WBDC HASBEEN PROVIDING THE TRAINING NECESSARY to GUIDE ASPIRING, EMERGING, ANDESTABLISHED ENTREPRENEURS ALONG THEIR GROWTH JOURNEY. SERVICESOFFERED INCLUDE THE FOLLOWING: EDUCATIONAL OPPORTUNITIES: 1:1BUSINESS ADVISING, CLASSES (INPERSON\AND VIRTUAL), ONDEMAND LEARNING,MENTORING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

65.75%of revenue went to mission work91.6% of expenses · Program services

2.06%of revenue went to fundraising2.9% of expenses

$71.75spent for every $100 of revenueRevenue covered expenses this year.

3.94%of revenue went to management and office costs5.5% of expenses

$0.90in assets for every $1 spent this yearSome assets cannot be spent right away.

97.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $356,503 for FRAN PASTORE (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$19,332,789

Mission workProgram services$12,710,81165.75% of revenue91.6% of expenses

ManagementOffice and general costs$762,0753.94% of revenue5.5% of expenses

FundraisingAsking for donations$397,4452.06% of revenue2.9% of expenses

Revenue left after expensesReported annual surplus$5,462,45828.25% of revenueShown in gray on the chart

Total expenses$13,870,33171.75% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.6% mission · 5.5% management · 2.9% fundraisingTotal expenses: 71.75% of revenue

2023Expense mix: 85.8% mission · 9.3% management · 4.9% fundraisingTotal expenses: 99.06% of revenue

2022Expense mix: 86.8% mission · 8.4% management · 4.7% fundraisingTotal expenses: 99.71% of revenue

2021Expense mix: 82.5% mission · 6.8% management · 10.7% fundraisingTotal expenses: 78.59% of revenue

2020Expense mix: 86.7% mission · 5.1% management · 8.2% fundraisingTotal expenses: 91.34% of revenue

2019Expense mix: 76.6% mission · 9.0% management · 14.4% fundraisingTotal expenses: 99.21% of revenue

2018Expense mix: 77.5% mission · 8.7% management · 13.8% fundraisingTotal expenses: 95.57% of revenue

2017Expense mix: 77.1% mission · 8.8% management · 14.0% fundraisingTotal expenses: 90.96% of revenue

Money in and money out

Revenue$19,332,789

Expenses$13,870,331

Annual surplus $5,462,458 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,710,811 · 91.6% of expenses

Management and office costs$762,075 · 5.5% of expenses

Fundraising$397,445 · 2.9% of expenses

See all reported dollar amounts

Revenue$19,332,789

Expenses$13,870,331

Assets$12,510,437

Income$19,586,533

Contributions$18,750,536

Mission work (program services)$12,710,811

Fundraising$397,445

Grants given$16,531,006

Average grant$15,625

Management and general$762,075

Stocks and bonds$14,394

Accounting fees$27,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

FRAN PASTORECHIEF EXECUTIVE OFFICER · 40 hrs/week $356,503Base $324,146 · Other $32,357

BRENDA THICKETTCHIEF OPERATING OFFICER · 40 hrs/week $231,488Base $208,860 · Other $22,628

TASHA JACKSONCHIEF FINANCIAL AND PEOPLE OFFICER · 40 hrs/week $217,394

LOUISE LISBOAVP OF CHILD CARE PROGRAM AND IMPACT · 40 hrs/week $118,000Base $113,846 · Other $4,154

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

FRAN PASTORECHIEF EXECUTIVE OFFICER

BRENDA THICKETTCHIEF OPERATING OFFICER

TASHA JACKSONCHIEF FINANCIAL AND PEOPLE OFFICER

LOUISE LISBOAVP OF CHILD CARE PROGRAM AND IMPACT

MARISSA WEIDNERDIRECTOR

TRISH HAVEYDIRECTOR

TRAVIS PARMANDIRECTOR

SONIA HOUNSELLDIRECTOR

SHARON KANEDIRECTOR

SARAH WATSONDIRECTOR

SANDRA ARKELLVICE CHAIR

PATTI MELICKDIRECTOR

NICHELLE WADDELLDIRECTOR

MONICA MOOREDIRECTOR

MOIRA COLLINSDIRECTOR

MICHAEL WEINSTOCKDIRECTOR

AMANDA CASTELLANODIRECTOR

LINDSEY KOPPDIRECTOR

LAURA DAVISDIRECTOR

KATIA LACYDIRECTOR

JANET DEFRINODIRECTOR

FLAVIA NASLAUSKYDIRECTOR

ERIN KANGDIRECTOR

ELIZABETH T HIRSCHDIRECTOR

ELANA MILIANTACHAIR

ANN MATTHEWSDIRECTOR

About this charity

Recognized since: January 1997
Location: 184 BEDFORD STREET, STAMFORD, CT 06901
County: Fairfield
In care of: FRAN PASTORE
Primary officer: FRAN PASTORE, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(203) 353-1750

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: WHITTLESEY PC
NTEE classification: Educational Services (B90)
IRS tax category: Educational Services
Grant-giving organization: Yes