WOMENS ECONOMIC SELF-SUFFICIENCY TEAM CORP: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WOMENS ECONOMIC SELF-SUFFICIENCY TEAM CORP (EIN 85-0367809)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-06-21
- IRS object ID
- 202421739349300317
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-06-21T10:54:03-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 850232815 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HINKLE LANDERS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2500 9TH ST NW | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 871021055 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850367809 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOMEN'S ECONOMIC SELF-SUFFICIENCY | BusinessNameLine1Txt |
| Business Name Line2 | TEAM CORP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WOME | BusinessNameControlTxt |
| Phone | 5052466900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 609 BROADWAY BLVD NE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AGNES NOONAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5052466900 | PhoneNum |
| Signature | 2024-06-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | AGNES | PersonFirstNm |
| Person Last | NOONAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FARLEY VENER | PreparerPersonNm |
| PTIN | P00162894 | PTIN |
| Phone | 5058838788 | PhoneNum |
| Preparation | 2024-06-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AGNES NOONAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 609 BROADWAY BLVD NE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,441,966 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WESST.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Activity Or Mission | WESST'S MISSION IS TO BE A HOME TO NEW MEXICANS STARTING OR GROWING A SMALL BUSINESS. WE PROVIDE A SUPPORT SYSTEM OF CONSULTING, TRAINING, INCUBATION AND LENDING TO HELP WOMEN, PEOPLE OF COLOR AND LOW-WEALTH INDIVIDUALS SUCCESSFULLY STRENGTHEN AND GROW THEIR BUSINESSES THROUGH SUSTAINABLE SALES, FINANCIAL KNOWLEDGE, AND JOB CREATION." | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 37 | TotalEmployeeCnt |
| Total Volunteers | 75 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,130,161 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,949,500 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $327,017 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $464,955 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$52,669 | PYOtherRevenueAmt |
| CY Other Revenue | -$7,616 | CYOtherRevenueAmt |
| PY Total Revenue | $3,404,509 | PYTotalRevenueAmt |
| CY Total Revenue | $2,406,839 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,075,120 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,183,069 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $169,682 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,254,492 | PYOtherExpensesAmt |
| CY Other Expenses | $940,080 | CYOtherExpensesAmt |
| PY Total Expenses | $3,329,612 | PYTotalExpensesAmt |
| CY Total Expenses | $3,123,149 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $74,897 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$716,310 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,077,017 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,080,364 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,308,686 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,578,255 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,768,331 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,502,109 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WESST'S MISSION IS TO BE A HOME TO NEW MEXICANS STARTING OR GROWING A SMALL BUSINESS. WE PROVIDE A SUPPORT SYSTEM OF CONSULTING, TRAINING, INCUBATION AND LENDING TO HELP WOMEN, PEOPLE OF COLOR AND LOW-WEALTH INDIVIDUALS SUCCESSFULLY STRENGTHEN AND GROW THEIR BUSINESSES THROUGH SUSTAINABLE SALES, FINANCIAL KNOWLEDGE, AND JOB CREATION." | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,493,041 | ExpenseAmt |
| Revenue | $454,675 | RevenueAmt |
| Desc | FOUNDED IN 1988, WESST IS COMMITTED TO DIVERSITY, EQUITY AND INCLUSION IN OUR ECONOMY, TO THIS END, WESST TARGETS ITS SERVICES TO WOMEN , PEOPLE OF COLOR, LOW-WEALTH INDIVIDUALS AND OTHER MARGINALIZED POPULATIONS WHO FACE SIGNIFICANT CHALLENGES IN STARTING AND GROWING A SUCCESSFUL BUSINESS. WESST OFFERS COMPREHENSIVE BILINGUAL BUSINESS SERVICES FROM THE PRE-STARTUP STAGE THROUGH GROWTH AND REPOSITIONING. OVER THE PAST 3 DECADES, WESST HAS FACILIATED THE START-UP OF 2,760 NEW BUSINESSES, THE CREATION OF 5,688 NEW JOBS AND OVER 11.0 MILLION LOANED TO A CLIENT BASE WHICH IS 65% FEMALE, 65% MINORITY AND 60% PERSONS OF LOW WEALTH. HEADQUARTERED IN ALBUQUERQUE, WESST SERVICES THE ENTIRE STATE OF NEW MEXICO THROUGH ITS REGIONAL OFFICE NETWORK IN FARMINGTON, HOBBS, LAS CRUCES, RIO RANCHO, ROSWELL AND SANTA FE. IN 2009, WESST OPENED WESST ENTERPRISE CENTER (WEC), A LEED CERTIFIED MIXED-USE SMALL BUSINESS INCUBATOR IN DOWNTOWN ALBUQUERQUE THAT ACCELERATES THE DEVELOPMENT OF GROWTH-ORIENTED COMPANIES, REFLECTIVE OF WESST'S ABILITY TO PRODUCE ECONOMIC IMPACT, WEC MEMBER COMPANIES HAVE CREATED 428 NEW JOBS, 63.3 MILLION IN PAYROLL AND GENERATED OVER 150.3 MILLION IN REVENUES OVER THE PAST 10 YEARS. THE WEC WAS HONORED AS ONE OF THE "SEVEN HOTTEST START- UP INCUBATORS" BY CNN MONEY.COM IN 2010 AND 2017, THE WEC WAS AWARDED THE SOUTHWEST STAR AWARD BY EDA. WESST HAS BEEN THE RECIPIENT OF NUMEROUS HONORS INCLUDING THE ETHICS IN BUSINESS AWARD IN 2011 AND AED'S 505 COMMUNITY LEADERSHIP AWARD IN 2019. WESST HAS BEEN A LONG-TIME RESOURCE PARTNER OF THE U.S. SMALL BUSINESS ADMINISTRATION AND HOSTS SIX SBA WOMEN'S BUSINESS CENTERS IN NEW MEXICO. WESST IS ALSO AN SBA MICROLENDER AND A CDFI COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $189,690 | ExpenseAmt |
| Revenue | $37,251 | RevenueAmt |
| Desc | FINANCIAL ASSISTANCE: AT DECEMBER 31, 2022, WESST HAD 113 LOANS OUTSTANDING TOTALING APPROXIMATELY 1,034,315. THESE LOANS ARE FOR SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING FROM BANKS OR OTHER TRADITIONAL SERVICES, AND ASSISTANCE IN ACCESSING OTHER FINANCIAL RESOURCES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,682,731 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 32 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 37 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERI LOPEZ | PersonNm |
| Phone | 5052466936 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 609 BROADWAY BLVD NE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| AGNES NOONAN | ||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $107,151 | $0 | $5,273 |
| CHERI LOPEZ | ||||||
| VP OF FINANC | 40.00 | Yes (X) | $91,581 | $0 | $12,775 | |
| CARA GORDON POTTER | ||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHERYL HARDT | ||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MIKE LOWRIMORE | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JACOB SENA | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MONICA JOJOLA | ||||||
| IMMEDIATE PA | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| EMILY ALLEN | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MOLLY BELL | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARIAM BRUCE | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KEN CARSON JR | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LINDA COOPER | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FRANK FINE | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TODD FRIEDLEY | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NICOLE JOHNNY | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LOUIS ZAINA | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $198,732 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $18,048 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $175,367 | FundraisingAmt |
| Government Grants | $1,340,687 | GovernmentGrantsAmt |
| All Other Contributions | $433,446 | AllOtherContributionsAmt |
| Noncash Contributions | $35,574 | NoncashContributionsAmt |
| Total Contributions | $1,949,500 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| WEC MEMBERSHIP & SERVICES | 532000 | $262,112 | $262,112 |
| CONSULTING & TRAINING | 525990 | $165,592 | $165,592 |
| LOAN FEES & INTEREST | 541610 | $37,251 | $37,251 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $464,955 | TotalProgramServiceRevenueAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $540 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $540 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $540 | TotalRevenueColumnAmt |
| Exclusion | $540 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $175,367 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $35,127 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$35,127 | TotalRevenueColumnAmt |
| Exclusion | -$35,127 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 999999 | BusinessCd |
| Total Revenue Column | $26,971 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $26,971 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $26,971 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,406,839 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $491,926 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$34,587 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $216,780 | TotalAmt |
| Program Services | $184,242 | ProgramServicesAmt |
| Management And General | $18,360 | ManagementAndGeneralAmt |
| Fundraising | $14,178 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,652,401 | TotalAmt |
| Program Services | $1,404,383 | ProgramServicesAmt |
| Management And General | $139,941 | ManagementAndGeneralAmt |
| Fundraising | $108,077 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,149 | TotalAmt |
| Program Services | $19,407 | ProgramServicesAmt |
| Management And General | $5,097 | ManagementAndGeneralAmt |
| Fundraising | $2,645 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,591 | TotalAmt |
| Program Services | $106,938 | ProgramServicesAmt |
| Management And General | $26,615 | ManagementAndGeneralAmt |
| Fundraising | $14,038 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,148 | TotalAmt |
| Program Services | $128,942 | ProgramServicesAmt |
| Management And General | $1,252 | ManagementAndGeneralAmt |
| Fundraising | $8,954 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,074 | TotalAmt |
| Program Services | $237,073 | ProgramServicesAmt |
| Management And General | $1,225 | ManagementAndGeneralAmt |
| Fundraising | $6,776 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,706 | TotalAmt |
| Program Services | $2,617 | ProgramServicesAmt |
| Fundraising | $89 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,462 | TotalAmt |
| Program Services | $63,907 | ProgramServicesAmt |
| Management And General | $319 | ManagementAndGeneralAmt |
| Fundraising | $236 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,269 | TotalAmt |
| Program Services | $167,078 | ProgramServicesAmt |
| Fundraising | $191 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,546 | TotalAmt |
| Program Services | $42,835 | ProgramServicesAmt |
| Management And General | $2,711 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,761 | TotalAmt |
| Management And General | $3,761 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,989 | TotalAmt |
| Program Services | $182,395 | ProgramServicesAmt |
| Management And General | $56,594 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,909 | TotalAmt |
| Program Services | $33,909 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DUES, SUBSCRIPTIONS & FEE | $50,692 | $45,881 | $1,194 | $3,617 |
| TRAINING | $39,695 | $25,830 | $13,667 | $198 |
| IN-KIND EQPT & SUPPLIES | $35,574 | $24,891 | $10,683 | |
| CREDIT LOSS EXPENSE | $12,403 | $12,403 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,123,149 | TotalAmt |
| Program Services | $2,682,731 | ProgramServicesAmt |
| Management And General | $270,736 | ManagementAndGeneralAmt |
| Fundraising | $169,682 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,767 | BOYAmt |
| EOY | $345,102 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,515,591 | BOYAmt |
| EOY | $2,429,215 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,109,102 | BOYAmt |
| EOY | $877,603 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $44,881 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $832,116 | BOYAmt |
| EOY | $1,034,315 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,783 | BOYAmt |
| EOY | $18,630 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,067,736 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,819,259 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,422,588 | BOYAmt |
| EOY | $6,248,477 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $59,737 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,070 | BOYAmt |
| EOY | $22,404 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,077,017 | BOYAmt |
| EOY | $11,080,364 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,057 | BOYAmt |
| EOY | $84,349 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $335,911 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,642 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $675,392 | BOYAmt |
| EOY | $1,026,909 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $448,896 | BOYAmt |
| EOY | $50,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,699 | BOYAmt |
| EOY | $81,086 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,308,686 | BOYAmt |
| EOY | $1,578,255 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,359,390 | BOYAmt |
| EOY | $6,591,720 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,408,941 | BOYAmt |
| EOY | $2,910,389 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,768,331 | BOYAmt |
| EOY | $9,502,109 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,077,017 | BOYAmt |
| EOY | $11,080,364 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$716,310 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,192 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $448,896 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,096,488 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,707,185 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,900,073 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,130,161 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,949,500 | CurrentTaxYearAmt |
| Total | $12,783,407 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,096,488 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,707,185 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,900,073 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,130,161 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,949,500 | CurrentTaxYearAmt |
| Total | $12,783,407 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $381,562 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,401,845 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $192 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $124 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $540 | CurrentTaxYearAmt |
| Total | $934 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $120,721 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $141,861 | CurrentTaxYearMinus2YearsAmt |
| Total | $262,582 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,046,923 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $491,926 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.95060 | PublicSupportCY170Pct |
| Public Support PY170 | 0.39990 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | SPECIAL EVENTS 262,582 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,662 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,380 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $187 | AdministrativeExpensesAmt |
| End Year Balance | $18,855 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,657 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$797 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $198 | AdministrativeExpensesAmt |
| End Year Balance | $17,662 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,000 | BeginningYearBalanceAmt |
| End Year Balance | $10,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,000 | BeginningYearBalanceAmt |
| End Year Balance | $10,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,000 | BeginningYearBalanceAmt |
| End Year Balance | $10,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $225,713 | OtherCostOrOtherBasisAmt |
| Book Value | $225,713 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,324,162 | OtherCostOrOtherBasisAmt |
| Depreciation | $807,047 | DepreciationAmt |
| Book Value | $1,517,115 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $146,299 | OtherCostOrOtherBasisAmt |
| Depreciation | $72,410 | DepreciationAmt |
| Book Value | $73,889 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $108,070 | OtherCostOrOtherBasisAmt |
| Depreciation | $69,090 | DepreciationAmt |
| Book Value | $38,980 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,263,492 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,870,712 | DepreciationAmt |
| Book Value | $4,392,780 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,248,477 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE LIABILITY | $60,397 |
| DEPOSITS | $20,689 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $81,086 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,608,719 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,192 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $165,561 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $35,127 | OtherRevenueAmt |
| Revenue Not Reported | $201,880 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,406,839 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,406,839 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,323,837 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $165,561 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $35,127 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $200,688 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,123,149 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $3,123,149 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE ALBUQUERQUE COMMUNITY FOUNDATION (ACF) HOLDS MONEY FOR THE BENEFIT OF WESST IN A PERMANENTLY RESTRICTED ENDOWMENT FUND. THESE FUNDS ARE NOT ACCESSIBLE BY WESST, BUT WESST IS THE BENEFICIARY OF ANY DISTRIBUTIONS, DETERMINED BY ACF BASED ON THE INCOME OF THE FUND. WESST HAS GRANTED VARIANCE POWER TO ACF. WHEN A NONPROFIT ORGANIZATION TRANSFERS ASSETS TO A COMMUNITY FOUNDATION IN WHICH THE RESOURCE PROVIDER NAMES ITSELF AS THE BENEFICIARY, THE ECONOMIC BENEFIT OF THE TRANSFERRED ASSETS REMAINS WITH THE RESOURCE PROVIDER. IF THE ASSETS ARE TRANSFERRED PERMANENTLY, THE ASSETS RECEIVED IN EXCHANGE ARE A BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS, MEASURED BY THE FAIR VALUE OF THE ASSETS CONTRIBUTED. |
| SCHEDULE D, PAGE 3, PART X | WESST IS A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW AS A CHARITABLE ORGANIZATION WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE CODE IS SUBJECT TO FEDERAL INCOME TAX. WESST CURRENTLY HAS NO UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. IN ADDITION, WESST HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. WESST EVALUATES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 450, ACCOUNTING FOR CONTINGENCIES, WHEREBY THE EFFECT OF THE UNCERTAINTIES IN TAX POSITIONS WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. MANAGEMENT BELIEVES THAT THEY ARE OPERATING WITHIN THEIR TAX-EXEMPT PURPOSE. WESST FILES ITS FEDERAL FORM 990 TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE 990 IS ALSO FILED ONLINE WITH THE CHARITABLE REGISTRATION IN THE OFFICE OF THE ATTORNEY GENERAL FOR THE STATE OF NEW MEXICO. WESST REAL ESTATE HOLDINGS, LLC IS CONSIDERED A DISREGARDED ENTITY FOR TAX FILING PURPOSES AND ITS ACCOUNTS WILL BE INCLUDED IN WESSTS FEDERAL FORM 990. WESST REAL ESTATE HOLDINGS, LLC HAD NO TAXABLE UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | SPECIAL EVENTS EXPENSE 35,127 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | SPECIAL EVENTS EXPENSE 35,127 |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SOIREE | Event1Nm |
| Gross Receipts Event1 | $175,367 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $175,367 | CharitableContriEvent1Amt |
| Rent Facility Costs Event1 | $1,042 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $30,720 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $390 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $2,975 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $175,367 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $175,367 | CharitableContributionsTotAmt |
| Rent Fclty Costs Total Events | $1,042 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $30,720 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $390 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,975 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $35,127 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$35,127 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | EQPT/SUPPLIES/M | Desc |
| Contribution | 39 | ContributionCnt |
| Noncash Contributions Rpt F990 | $35,574 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | VALUED PER DONORS | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | WESST'S MISSION IS TO BE A HOME TO NEW MEXICANS STARTING OR GROWING A SMALL BUSINESS. WE PROVIDE A SUPPORT SYSTEM OF CONSULTING, TRAINING, INCUBATION AND LENDING TO HELP WOMEN, PEOPLE OF COLOR AND LOW-WEALTH INDIVIDUALS SUCCESSFULLY STRENGTHEN AND GROW THEIR BUSINESSES THROUGH SUSTAINABLE SALES, FINANCIAL KNOWLEDGE, AND JOB CREATION." |
| FORM 990, PAGE 2, PART III, LINE 4A | FOUNDED IN 1988, WESST IS COMMITTED TO DIVERSITY, EQUITY AND INCLUSION IN OUR ECONOMY, TO THIS END, WESST TARGETS ITS SERVICES TO WOMEN , PEOPLE OF COLOR, LOW-WEALTH INDIVIDUALS AND OTHER MARGINALIZED POPULATIONS WHO FACE SIGNIFICANT CHALLENGES IN STARTING AND GROWING A SUCCESSFUL BUSINESS. WESST OFFERS COMPREHENSIVE BILINGUAL BUSINESS SERVICES FROM THE PRE-STARTUP STAGE THROUGH GROWTH AND REPOSITIONING. OVER THE PAST 3 DECADES, WESST HAS FACILIATED THE START-UP OF 2,760 NEW BUSINESSES, THE CREATION OF 5,688 NEW JOBS AND OVER 11.0 MILLION LOANED TO A CLIENT BASE WHICH IS 65% FEMALE, 65% MINORITY AND 60% PERSONS OF LOW WEALTH. HEADQUARTERED IN ALBUQUERQUE, WESST SERVICES THE ENTIRE STATE OF NEW MEXICO THROUGH ITS REGIONAL OFFICE NETWORK IN FARMINGTON, HOBBS, LAS CRUCES, RIO RANCHO, ROSWELL AND SANTA FE. IN 2009, WESST OPENED WESST ENTERPRISE CENTER (WEC), A LEED CERTIFIED MIXED-USE SMALL BUSINESS INCUBATOR IN DOWNTOWN ALBUQUERQUE THAT ACCELERATES THE DEVELOPMENT OF GROWTH-ORIENTED COMPANIES, REFLECTIVE OF WESST'S ABILITY TO PRODUCE ECONOMIC IMPACT, WEC MEMBER COMPANIES HAVE CREATED 428 NEW JOBS, 63.3 MILLION IN PAYROLL AND GENERATED OVER 150.3 MILLION IN REVENUES OVER THE PAST 10 YEARS. THE WEC WAS HONORED AS ONE OF THE "SEVEN HOTTEST START- UP INCUBATORS" BY CNN MONEY.COM IN 2010 AND 2017, THE WEC WAS AWARDED THE SOUTHWEST STAR AWARD BY EDA. WESST HAS BEEN THE RECIPIENT OF NUMEROUS HONORS INCLUDING THE ETHICS IN BUSINESS AWARD IN 2011 AND AED'S 505 COMMUNITY LEADERSHIP AWARD IN 2019. WESST HAS BEEN A LONG-TIME RESOURCE PARTNER OF THE U.S. SMALL BUSINESS ADMINISTRATION AND HOSTS SIX SBA WOMEN'S BUSINESS CENTERS IN NEW MEXICO. WESST IS ALSO AN SBA MICROLENDER AND A CDFI COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE WESST FINANCE COMMITTEE REVIEWS THE FIRST DRAFT FOR ACCURACY, CONTENT AND COMPLETENESS. FINANCE COMMITTEE MEMBERS ADDRESS QUESTIONS TO INTERNAL STAFF AND/OR THE CPA FIRM PREPARING THE 990. A FINAL COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | WESST'S DIRECTORS, OFFICERS AND KEY EMPLOYEES MUST COMPLETE A WESST DISCLOSURE QUESTIONNAIRE ANNUALLY BY DECEMBER 31ST. WESST'S EXECUTIVE COMMITTEE IS DILIGENT IN ITS REVIEW OF THE ANNUAL DISCLOSURE FORMS, CONSISTENTLY MONITORING AND MAINTAINING A LIST OF POTENTIALLY CONFLICTED ENTITIES AND INDIVIDUALS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE USING COMPARABILITY DATA AND THE DATA IS DOCUMENTED. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION REVIEWS FOR OTHER WESST EMPLOYEES ARE DONE BY THE PRESIDENT, USING COMPARABILITY DATA, WHICH IS DOCUMENTED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |