STRATEGY STUDIO / PUBLIC DATA EXPLORER

WOMENS ECONOMIC VENTURES: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WOMENS ECONOMIC VENTURES (EIN 95-3674624)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-08
IRS object ID
202233129349303773
Schema version
2021v4.2
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

FieldValueIRS element (for citing)
Return2022-11-08T15:27:54-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN953680171PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCGOWAN GUNTERMANNBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 CARRILLO STREET SUITE 300AddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP931012018ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN953674624EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WOMENS ECONOMIC VENTURESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWOMEBusinessNameControlTxt
Phone8059656073PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121 E CANON PERDIDO ST SUITE 301AddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP93101ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHY ODELLPersonNm
Person TitleCEOPersonTitleTxt
Phone8059656073PhoneNum
Signature2022-11-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKATHYPersonFirstNm
Person LastODELLPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISLEY N REED CPAPreparerPersonNm
PTINP00025230PTIN
Phone8059629175PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKATHY ODELLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line121 E CANON PERDIDO ST SUITE 301AddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP93101ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,943,637GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WEVONLINE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionWOMENS ECONOMIC VENTURES (WEV) IS DEDICATED TO CREATING AN EQUITABLE AND JUST SOCIETY THROUGH THE ECONOMIC EMPOWERMENT OF WOMEN.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee50TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,938,526PYContributionsGrantsAmt
CY Contributions Grants$2,612,145CYContributionsGrantsAmt
PY Program Service Revenue$187,162PYProgramServiceRevenueAmt
CY Program Service Revenue$208,495CYProgramServiceRevenueAmt
PY Investment Income$37,963PYInvestmentIncomeAmt
CY Investment Income$344,049CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,163,651PYTotalRevenueAmt
CY Total Revenue$3,164,689CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$16,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,515,297PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,429,332CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$304,159CYTotalFundraisingExpenseAmt
PY Other Expenses$534,641PYOtherExpensesAmt
CY Other Expenses$777,217CYOtherExpensesAmt
PY Total Expenses$3,049,938PYTotalExpensesAmt
CY Total Expenses$3,222,549CYTotalExpensesAmt
PY Revenues Less Expenses$113,713PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$57,860CYRevenuesLessExpensesAmt
Total Assets BOY$6,648,216TotalAssetsBOYAmt
Total Assets EOY$6,923,998TotalAssetsEOYAmt
Total Liabilities BOY$1,988,621TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,259,206TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,659,595NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,664,792NetAssetsOrFundBalancesEOYAmt
MissionWOMENS ECONOMIC VENTURES (WEV) IS DEDICATED TO CREATING AN EQUITABLE AND JUST SOCIETY THROUGH THE ECONOMIC EMPOWERMENT OF WOMEN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,543,359ExpenseAmt
Grant$16,000GrantAmt
Revenue$208,495RevenueAmt
DescWOMEN'S ECONOMIC VENTURES (WEV) PROVIDES SMALL BUSINESS LOANS, BUSINESS TRAINING, AND TECHNICAL ASSISTANCE TO HELP PRIMARILY LOW-INCOME WOMEN START OR EXPAND A SMALL BUSINESS. WEV IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND PROVIDES MICRO ENTERPRISE LOANS OF UP TO $25,000 TO STARTUPS AND BUSINESS EXPANSION LOANS OF UP TO $150,000 TO PRE-BANKABLE BUSINESSES. WEV SERVES BOTH MEN AND WOMEN IN ALL PROGRAMS. IN 2021 WEV PROVIDED TRAINING AND TECHNICAL ASSISTANCE, INCLUDING 2,038 SESSIONS OF INDIVIDUAL CONSULTING TO 698 CLIENTS AND PROVIDED 21 BUSINESS LOANS TOTALING $500,500.Desc
Total Program Service Expenses$2,543,359TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document19IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee50EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHY ODELLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8059656073PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line121 E CANON PERDIDO ST SUITE 301AddressLine1Txt
CitySANTA BARBARACityNm
State AbbreviationCAStateAbbreviationCd
ZIP93101ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MELISSA LIVINGSTON
CHAIR2.00Yes (X)Yes (X)$0$0$0
ANDY WINCHESTER
CO-VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
BANKS STAPLES PECHT
CO-VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
LINDA ROSSI
SECRETARY2.00Yes (X)Yes (X)$0$0$0
NANCY CROUSE
TREASURER2.00Yes (X)Yes (X)$0$0$0
ARUNI BOTEJU
BOARD MEMBER2.00Yes (X)$0$0$0
EMMA BRIDGES
BOARD MEMBER2.00Yes (X)$0$0$0
KRISTINA ERIKSEN
BOARD MEMBER2.00Yes (X)$0$0$0
JAYME GARONE
BOARD MEMBER2.00Yes (X)$0$0$0
CHERYL HEITMANN
BOARD MEMBER2.00Yes (X)$0$0$0
JUNEMARIE JUSTUS
BOARD MEMBER2.00Yes (X)$0$0$0
ELAINE KITAGAWA
BOARD MEMBER2.00Yes (X)$0$0$0
EMILY LATOUR
BOARD MEMBER2.00Yes (X)$0$0$0
ROSANNE WELCHER
BOARD MEMBER2.00Yes (X)$0$0$0
JOEY ZUMAYA
BOARD MEMBER2.00Yes (X)$0$0$0
KATHY ODELL
EXECUTIVE DIRECTOR40.00Yes (X)$174,764$0$1,259
DEBORAH RIVAS
CONTROLLER40.00Yes (X)$87,000$0$3,589
MARNI BROOK
DIRECTOR OF LENDING40.00$106,515$0$16,398Yes (X)
BARBARA MACNAUGHTON
DIRECTOR OF DEVELOPMENT40.00$100,990$0$11,274Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$469,269TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$32,520TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$1,323,581GovernmentGrantsAmt
All Other Contributions$1,288,564AllOtherContributionsAmt
Total Contributions$2,612,145TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EDUCATION PROGRAM FEES900099$108,065$108,065
LOAN INTEREST EARNED900099$81,168$81,168
OTHER INCOME900099$12,382$12,382
LOAN FEES EARNED900099$6,880$6,880
FieldValueIRS element (for citing)
Total Program Service Revenue$208,495TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$96,532TotalRevenueColumnAmt
Exclusion$96,532ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,026,465SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$778,948SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$247,517SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$247,517TotalRevenueColumnAmt
Exclusion$247,517ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,164,689TotalRevenueColumnAmt
Related Or Exempt Func Income$208,495RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$344,049ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$16,000TotalAmt
Program Services$16,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$266,612TotalAmt
Program Services$173,781ProgramServicesAmt
Management And General$66,463ManagementAndGeneralAmt
Fundraising$26,368FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,845,745TotalAmt
Program Services$1,595,688ProgramServicesAmt
Management And General$101,831ManagementAndGeneralAmt
Fundraising$148,226FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$41,907TotalAmt
Program Services$36,734ProgramServicesAmt
Management And General$1,548ManagementAndGeneralAmt
Fundraising$3,625FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$102,571TotalAmt
Program Services$84,293ProgramServicesAmt
Management And General$9,962ManagementAndGeneralAmt
Fundraising$8,316FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$172,497TotalAmt
Program Services$144,497ProgramServicesAmt
Management And General$13,743ManagementAndGeneralAmt
Fundraising$14,257FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,216TotalAmt
Program Services$2,494ProgramServicesAmt
Management And General$1,722ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,000TotalAmt
Management And General$23,000ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$31,029TotalAmt
Management And General$31,029ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$32,478TotalAmt
Program Services$1,600ProgramServicesAmt
Management And General$30,878ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$146,219TotalAmt
Program Services$131,307ProgramServicesAmt
Management And General$7,628ManagementAndGeneralAmt
Fundraising$7,284FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,938TotalAmt
Program Services$7,359ProgramServicesAmt
Management And General$856ManagementAndGeneralAmt
Fundraising$723FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$23,233TotalAmt
Program Services$22,575ProgramServicesAmt
Management And General$658ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,115TotalAmt
Program Services$2,803ProgramServicesAmt
Management And General$156ManagementAndGeneralAmt
Fundraising$156FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$51,548TotalAmt
Program Services$9,705ProgramServicesAmt
Management And General$40,985ManagementAndGeneralAmt
Fundraising$858FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPLIES AND SERVICES$448,767$309,849$44,572$94,346
OTHER OPERATING$20,435$20,435
LOAN LOSS PROVISION-$15,761-$15,761

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,222,549TotalAmt
Program Services$2,543,359ProgramServicesAmt
Management And General$375,031ManagementAndGeneralAmt
Fundraising$304,159FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,952,176BOYAmt
EOY$1,553,529EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$174,530BOYAmt
EOY$335,918EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$184,045BOYAmt
EOY$436,167EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,249,262BOYAmt
EOY$1,195,121EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$32,314BOYAmt
EOY$42,973EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$34,328LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,308LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$28,020EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,048,294BOYAmt
EOY$3,318,002EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,595BOYAmt
EOY$14,268EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,648,216BOYAmt
EOY$6,923,998EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$374,645BOYAmt
EOY$444,689EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$113,805BOYAmt
EOY$138,623EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$232,289BOYAmt
EOY$205,655EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,267,882BOYAmt
EOY$1,470,239EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,988,621BOYAmt
EOY$2,259,206EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,380,970BOYAmt
EOY$3,244,704EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,278,625BOYAmt
EOY$1,420,088EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,659,595BOYAmt
EOY$4,664,792EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,648,216BOYAmt
EOY$6,923,998EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$57,860ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$63,057NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,284,456CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$163,987CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,280,740CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,938,526CurrentTaxYearMinus1YearAmt
Current Tax Year$2,612,145CurrentTaxYearAmt
Total$9,279,854TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,284,456CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$163,987CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,280,740CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,938,526CurrentTaxYearMinus1YearAmt
Current Tax Year$2,612,145CurrentTaxYearAmt
Total$9,279,854TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,123,808SubstantialContributorsTotAmt
Public Support Total170$7,156,046PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$40,357CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,981CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$73,680CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$60,876CurrentTaxYearMinus1YearAmt
Current Tax Year$96,532CurrentTaxYearAmt
Total$296,426TotalAmt
FieldValueIRS element (for citing)
Total Support$9,576,280TotalSupportAmt
Public Support CY1700.74730PublicSupportCY170Pct
Public Support PY1700.67980PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,052,362BeginningYearBalanceAmt
Contributions-$104,000ContributionsAmt
Investment Earnings Or Losses$369,430InvestmentEarningsOrLossesAmt
End Year Balance$3,317,792EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,653,691BeginningYearBalanceAmt
Contributions$40,000ContributionsAmt
Investment Earnings Or Losses$358,671InvestmentEarningsOrLossesAmt
End Year Balance$3,052,362EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$345,219BeginningYearBalanceAmt
Contributions$2,040,000ContributionsAmt
Investment Earnings Or Losses$268,472InvestmentEarningsOrLossesAmt
End Year Balance$2,653,691EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$331,307BeginningYearBalanceAmt
Contributions$40,000ContributionsAmt
Investment Earnings Or Losses-$23,997InvestmentEarningsOrLossesAmt
Administrative Expenses$2,091AdministrativeExpensesAmt
End Year Balance$345,219EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$264,785BeginningYearBalanceAmt
Contributions$30,000ContributionsAmt
Investment Earnings Or Losses$38,148InvestmentEarningsOrLossesAmt
Administrative Expenses$1,626AdministrativeExpensesAmt
End Year Balance$331,307EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.82320BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.07420PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.10260TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,873OtherCostOrOtherBasisAmt
Depreciation$1,087DepreciationAmt
Book Value$9,786BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$23,455OtherCostOrOtherBasisAmt
Depreciation$5,221DepreciationAmt
Book Value$18,234BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$28,020TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
ADVANCES RECEIVED FOR LENDING PURPOSES$512,311
DEFERRED LOAN FEES$5,928
SUBORDINATED LOAN PAYABLE$750,000
LINE OF CREDIT$202,000
FieldValueIRS element (for citing)
Total Liability$1,470,239TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,196,717TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$63,057NetUnrealizedGainsInvstAmt
Revenue Not Reported$63,057RevenueNotReportedAmt
Revenue Subtotal$3,133,660RevenueSubtotalAmt
Investment Expenses Not Incld$31,029InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$31,029RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,164,689TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,191,520TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,191,520ExpensesSubtotalAmt
Investment Expenses Not Incld2$31,029InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$31,029ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,222,549TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:INCOME FROM ENDOWMENT FUNDS IS USED TO OFFSET EXPENSES OF WEV'S PROGRAMS.
PART X, LINE 2:WEV IS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC 501 (C)(3) AND STATE INCOME TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701 (D), THEREFORE, NO AMOUNTS FOR INCOME TAXES ARE REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. WEV IS NOT A PRIVATE FOUNDATION FOR INCOME TAX PURPOSES. WEV IS NOT AWARE OF ANY TRANSACTIONS THAT WOULD AFFECT ITS TAX-EXEMPT STATUS. WEV EVALUATES UNCERTAIN TAX POSITIONS, WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLY AND REASONABLY ESTIMABLE. AS OF DECEMBER 31, 2021, WEV HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. WEV FILES TAX RETURNS IN CALIFORNIA AND U.S. FEDERAL JURISDICTIONS. WEV IS NO LONGER SUBJECT TO US FEDERAL, STATE, AND LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2018 AND 2017, RESPECTIVELY.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
MIXTECO INDIGENA COMMUNITY ORGANIZING PROJECT (MICOP)
PO BOX 20543OXNARDCA930340543300045901501(C)(3)$13,500$0TRAINING PROGRAMS
SBCC FOUNDATION
721 CLIFF DRIVESANTA BARBARACA93109953234551501(C)(3)$2,500$0HIGH SCHOOL AND COLLEGE STUDENT AWARDS
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSBCC FOUNDATION THE GRANT WAS USED FOR THE SCHEINFELD CENTER'S NEW VENTURE COMPETITION AWARDS FOR HIGH SCHOOL & COLLEGE STUDENTS. A PANEL OF JUDGES REVIEWED THE BUSINESS PLAN ENTRIES, AND THE STUDENT FINALISTS WERE JUDGED BY A SECOND PANEL IN A PITCH COMPETITION. MICOP WEV MONITORED THE USE OF GRANT FUNDS THROUGH SUBMITTED QUARTERLY REPORTS AND INVOICES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKATHY ODELLPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$174,764BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$1,259NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$176,023TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BWOMENS ECONOMIC VENTURES HAS AN AUDIT COMMITTEE, WHICH REVIEWS THE AUDIT UPON COMPLETION. THE FINANCE COMMITTEE REVIEWS THE 990 BEFORE IT IS SIGNED BY THE PRESIDENT/CEO AND FILED.
FORM 990, PART VI, SECTION B, LINE 12CWEV HAS A CONFLICT OF INTEREST POLICY WHICH IS DISTRIBUTED ANNUALLY TO EACH BOARD MEMBER AND REQUIRES SIGNED ACKNOWLEDGEMENT.
FORM 990, PART VI, SECTION B, LINE 15SECTION B, LINE 15A COMPENSATION FOR THE CEO AND TOP MANAGERS IS REVIEWED ANNUALLY AS PART OF THE ORGANIZATION'S ANNUAL BUDGET PROCESS AND IS CONNECTED WITH ANNUAL PERFORMANCE REVIEWS CONDUCTED BY THE CEO AND BOARD EXECUTIVE COMMITTEE. MANAGEMENT STAFF CREATES A BUDGET DRAFT WHICH IS REVIEWED BY THE BOARD FINANCE COMMITTEE PRIOR TO SUBMISSION TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL IN THE FOURTH QUARTER. SECTION B, LINE 15B THE EXECUTIVE COMMITTEE FUNCTIONS AS THE PERSONNEL COMMITTEE THAT YEARLY REVIEWS THE SALARY OF CEO. THE CEO YEARLY REVIEWS ALL STAFF SALARIES.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST, GOVERNING DOCUMENTS ARE SUPPLIED BY THE CEO OR GRANTS MANAGER.
FORM 990, PART XII, QUESTION 2CWEV HAS AN AUDIT COMMITTEE, WHICH REVIEWS THE AUDIT UPON COMPLETION. THE FINANCE COMMITTEE REVIEWS THE 990 BEFORE IT IS SIGNED BY THE PRESIDENT/CEO AND FILED.