STRATEGY STUDIO / PUBLIC DATA EXPLORER

WOMENS ECONOMIC SELF-SUFFICIENCY TEAM CORP: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
WOMENS ECONOMIC SELF-SUFFICIENCY TEAM CORP (EIN 85-0367809)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-12
IRS object ID
202131329349300143
Schema version
2020v4.0
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

FieldValueIRS element (for citing)
Return2021-05-12T09:54:14-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN843463346PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LOFTIS & LOVATO GROUPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15501 EAGLE ROCK AVE NE SUITE C-5AddressLine1Txt
CityALBUQUERQUECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87113ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN850367809EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WOMEN'S ECONOMIC SELF-SUFFICIENCYBusinessNameLine1Txt
Business Name Line2TEAM CORPBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlWOMEBusinessNameControlTxt
Phone5052466900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1609 BROADWAY NEAddressLine1Txt
CityALBUQUERQUECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAGNES NOONANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5052466900PhoneNum
Signature2021-05-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAGNESPersonFirstNm
Person LastNOONANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICK LOFTISPreparerPersonNm
PTINP00546190PTIN
Phone5052935009PhoneNum
Preparation2021-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1WESSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerAGNES NOONANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1609 BROADWAY NEAddressLine1Txt
CityALBUQUERQUECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87102ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,035,690GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WESST.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1988FormationYr
Legal Domicile StateNMLegalDomicileStateCd
Activity Or MissionWESST'S MISSION IS TO BE A HOME TO ENTREPRENEURS. WE PROVIDE A SUPPORT SYSTEM OF CONSULTING, TRAINING, INCUBATION AND LENDING TO HELP CLIENTS SUCCESSFULLY STRENGTHEN AND GROW THEIR BUSINESSES (CONTINUED ON SCHEDULE O)ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee28TotalEmployeeCnt
Total Volunteers57TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,096,488PYContributionsGrantsAmt
CY Contributions Grants$2,707,185CYContributionsGrantsAmt
PY Program Service Revenue$397,196PYProgramServiceRevenueAmt
CY Program Service Revenue$328,381CYProgramServiceRevenueAmt
PY Investment Income$192PYInvestmentIncomeAmt
CY Investment Income$124CYInvestmentIncomeAmt
PY Other Revenue$120,721PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,614,597PYTotalRevenueAmt
CY Total Revenue$3,035,690CYTotalRevenueAmt
PY Grants And Similar Paid$163,669PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$168,350CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,772,585PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,738,973CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$112,860CYTotalFundraisingExpenseAmt
PY Other Expenses$1,215,711PYOtherExpensesAmt
CY Other Expenses$891,909CYOtherExpensesAmt
PY Total Expenses$3,151,965PYTotalExpensesAmt
CY Total Expenses$2,799,232CYTotalExpensesAmt
PY Revenues Less Expenses-$537,368PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$236,458CYRevenuesLessExpensesAmt
Total Assets BOY$11,047,646TotalAssetsBOYAmt
Total Assets EOY$11,391,087TotalAssetsEOYAmt
Total Liabilities BOY$1,903,238TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,018,740TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,144,408NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,372,347NetAssetsOrFundBalancesEOYAmt
MissionWESST'S MISSION IS TO BE A HOME TO ENTREPRENEURS. WE PROVIDE A SUPPORT SYSTEM OF CONSULTING, TRAINING, INCUBATION AND LENDING TO HELP CLIENTS SUCCESSFULLY STRENGTHEN AND GROW THEIR BUSINESSES (CONTINUED ON SCHEDULE O)MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,703,426ExpenseAmt
Grant$168,350GrantAmt
Revenue$300,365RevenueAmt
DescFOUNDED 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 FACILITATED THE START-UP OF 2,605 NEW BUSINESSES, THE CREATION OF 5,319 JOBS AND 10.0 MILLION LOANED TO A CLIENT BASE WHICH IS 65% FEMALE, 65% MINORITY AND 60% PERSONS OF LOW WEALTH. HEADQUARTERED IN ALBUQUERQUE, WESST SERVES THE ENTIRE STATE OF NEW MEXICO THROUGH ITS REGIONAL OFFICE NETWORK IN FARMINGTON, HOBBS, LAS CRUCES, (CONTINUED ON SCHEDULE O)Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$724,401ExpenseAmt
Revenue$28,016RevenueAmt
DescFINANCIAL ASSISTANCE: AT DECEMBER 31, 2020, WESST HAD 68 LOANS OUTSTANDING TOTALING APPROXIMATELY 656,509. 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
FieldValueIRS element (for citing)
Total Program Service Expenses$2,427,827TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document92IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee28EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAGNES MALDONADOPersonNm
Phone5052466900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1609 BROADWAY NEAddressLine1Txt
CityALBUQUERQUECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87102ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
AGNES NOONAN
PRESIDENT40.00Yes (X)Yes (X)$102,095$0$20,653
AGNES MALDONADO
DIRECTOR OF40.00Yes (X)$87,360$0$5,022
SALLY ADAMS
MEMBER1.00Yes (X)$0$0$0
MOLLY BELL
CHAIR2.00Yes (X)Yes (X)$0$0$0
PAIGE BRIGGS
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
RYAN CENTERWALL
MEMBER1.00Yes (X)$0$0$0
ADAM CIEPIELA
MEMBER1.00Yes (X)$0$0$0
LINDA COOPER
MEMBER1.00Yes (X)$0$0$0
ARELLANA CORDERO
SECRETERAY2.00Yes (X)Yes (X)$0$0$0
PERRY BENDICKSEN III
PAST CHAIR2.00Yes (X)Yes (X)$0$0$0
MONICA JOJOLA
MEMBER1.00Yes (X)$0$0$0
VICTOR JURY JR
MEMBER1.00Yes (X)$0$0$0
MIKE LOWRIMORE
TREASURER2.00Yes (X)Yes (X)$0$0$0
CHRIS OLSON
MEMBER1.00Yes (X)$0$0$0
GEORGIE ORTIZ
MEMBER1.00Yes (X)$0$0$0
CARA GORDON POTTER
MEMBER1.00Yes (X)$0$0$0
DEBBIE RAMIREZ
MEMBER1.00Yes (X)$0$0$0
JACOB SENA
MEMBER1.00Yes (X)$0$0$0
DREW TULCHIN
MEMBER1.00Yes (X)$0$0$0
ANN UTTERBACK
MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$189,455TotalReportableCompFromOrgAmt
Total Other Compensation$25,675TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$2,052,778GovernmentGrantsAmt
All Other Contributions$654,407AllOtherContributionsAmt
Noncash Contributions$19,580NoncashContributionsAmt
Total Contributions$2,707,185TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INCUBATOR MEMBERSHIP532000$296,277$296,277
LOAN INTEREST/FEES525990$28,016$28,016
CONSULTING & TRAINING541610$4,088$4,088
FieldValueIRS element (for citing)
Total Program Service Revenue$328,381TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$124TotalRevenueColumnAmt
Exclusion$124ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,035,690TotalRevenueColumnAmt
Related Or Exempt Func Income$328,381RelatedOrExemptFuncIncomeAmt
Exclusion$124ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$168,350TotalAmt
Program Services$168,350ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$217,940TotalAmt
Program Services$183,583ProgramServicesAmt
Management And General$21,281ManagementAndGeneralAmt
Fundraising$13,076FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,291,871TotalAmt
Program Services$1,085,171ProgramServicesAmt
Management And General$129,188ManagementAndGeneralAmt
Fundraising$77,512FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$23,305TotalAmt
Program Services$20,043ProgramServicesAmt
Management And General$1,864ManagementAndGeneralAmt
Fundraising$1,398FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$95,284TotalAmt
Program Services$81,944ProgramServicesAmt
Management And General$7,622ManagementAndGeneralAmt
Fundraising$5,718FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$110,573TotalAmt
Program Services$95,093ProgramServicesAmt
Management And General$8,846ManagementAndGeneralAmt
Fundraising$6,634FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$26,041TotalAmt
Program Services$15,625ProgramServicesAmt
Management And General$10,416ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$268,850TotalAmt
Program Services$260,785ProgramServicesAmt
Management And General$2,688ManagementAndGeneralAmt
Fundraising$5,377FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,890TotalAmt
Program Services$10,701ProgramServicesAmt
Management And General$1,189ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$151,432TotalAmt
Program Services$135,621ProgramServicesAmt
Management And General$12,666ManagementAndGeneralAmt
Fundraising$3,145FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$93,802TotalAmt
Program Services$75,042ProgramServicesAmt
Management And General$18,760ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,675TotalAmt
Program Services$2,515ProgramServicesAmt
Management And General$160ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,919TotalAmt
Program Services$2,919ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$237,838TotalAmt
Program Services$202,162ProgramServicesAmt
Management And General$35,676ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$28,485TotalAmt
Program Services$24,212ProgramServicesAmt
Management And General$4,273ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DUES AND FEES$43,044$43,044
IN-KIND SUPPLIES$19,580$15,664$3,916
TRAINING$3,196$3,196
PROVISION FOR LOAN LOSS$2,157$2,157

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,799,232TotalAmt
Program Services$2,427,827ProgramServicesAmt
Management And General$258,545ManagementAndGeneralAmt
Fundraising$112,860FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$320,905BOYAmt
EOY$164,877EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,513,733BOYAmt
EOY$3,464,726EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$436,847BOYAmt
EOY$317,484EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,624BOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$742,743BOYAmt
EOY$656,509EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$10,194BOYAmt
EOY$8,284EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,274,168LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,534,754LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,977,252BOYAmt
EOY$6,739,414EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$15,000BOYAmt
EOY$15,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$23,348BOYAmt
EOY$24,793EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,047,646BOYAmt
EOY$11,391,087EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$70,891BOYAmt
EOY$80,544EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$190,095BOYAmt
EOY$404,213EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$16,541BOYAmt
EOY$13,294EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,097,229BOYAmt
EOY$934,979EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$423,339BOYAmt
EOY$431,858EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$105,143BOYAmt
EOY$153,852EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,903,238BOYAmt
EOY$2,018,740EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,541,759BOYAmt
EOY$8,687,371EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$602,649BOYAmt
EOY$684,976EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,144,408BOYAmt
EOY$9,372,347EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,047,646BOYAmt
EOY$11,391,087EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$236,458ReconcilationRevenueExpnssAmt
Donated Services And Use Fclts-$8,519DonatedServicesAndUseFcltsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)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$2,216,398CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,293,825CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,283,771CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,096,488CurrentTaxYearMinus1YearAmt
Current Tax Year$2,707,185CurrentTaxYearAmt
Total$11,597,667TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,216,398CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,293,825CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,283,771CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,096,488CurrentTaxYearMinus1YearAmt
Current Tax Year$2,707,185CurrentTaxYearAmt
Total$11,597,667TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,832,282SubstantialContributorsTotAmt
Public Support Total170$7,765,385PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,360CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,067CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$379CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$192CurrentTaxYearMinus1YearAmt
Current Tax Year$124CurrentTaxYearAmt
Total$3,122TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$147,411CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$121,192CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$150,029CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$119,721CurrentTaxYearMinus1YearAmt
Total$538,353TotalAmt
FieldValueIRS element (for citing)
Total Support$12,139,142TotalSupportAmt
Gross Receipts Rltd Activities$1,560,602GrossReceiptsRltdActivitiesAmt
Public Support CY1700.63970PublicSupportCY170Pct
Public Support PY1700.94320PublicSupportPY170Pct
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

FieldValueIRS element (for citing)
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,000BeginningYearBalanceAmt
End Year Balance$10,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,000BeginningYearBalanceAmt
End Year Balance$10,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,000BeginningYearBalanceAmt
End Year Balance$10,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,000BeginningYearBalanceAmt
End Year Balance$10,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,000BeginningYearBalanceAmt
End Year Balance$10,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$225,713OtherCostOrOtherBasisAmt
Book Value$225,713BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,349,970OtherCostOrOtherBasisAmt
Depreciation$657,973DepreciationAmt
Book Value$1,691,997BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$115,849OtherCostOrOtherBasisAmt
Depreciation$82,627DepreciationAmt
Book Value$33,222BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$374,204OtherCostOrOtherBasisAmt
Depreciation$301,384DepreciationAmt
Book Value$72,820BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,208,432OtherCostOrOtherBasisAmt
Depreciation$1,492,770DepreciationAmt
Book Value$4,715,662BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,739,414TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescFUNDS HELD FOR OTHERSDesc
Amt$153,852Amt
FieldValueIRS element (for citing)
Total Liability$153,852TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,242,306TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$206,616DonatedServicesAndUseFcltsAmt
Revenue Not Reported$206,616RevenueNotReportedAmt
Revenue Subtotal$3,035,690RevenueSubtotalAmt
Total Revenue Per Form990$3,035,690TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,014,367TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$215,135DonatedServicesUseFcltsAmt
Expenses Not Reported$215,135ExpensesNotReportedAmt
Expenses Subtotal$2,799,232ExpensesSubtotalAmt
Total Expenses Per Form990$2,799,232TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART IV, LINE 2BDEPOSITS ARE HELD FOR WEC MEMBERSHIP.
SCHEDULE D, PAGE 3, PART XWESST IS A NONPROFIT ORGANIZATION AND QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WESST REGULARLY EVALUATES ACTIVITIES AS IT RELATES TO ITS TAX EXEMPT STATUS. IF WESST ACTIVITIES ARE DETERMINED TO BE OUTSIDE OF ITS TAX EXEMPT STATUS THE POTENTIAL EXISTS FOR TAX LIABILITIES ON THOSE UNRELATED ACTIVITIES. CURRENTLY, WESST ENGAGES IN NO ACTIVITIES THAT RESULT IN UNRELATED BUSINESS NET INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN WESST'S FINANCIAL STATEMENTS. WESST'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. WESST'S OPEN AUDIT PERIODS ARE FOR THE YEARS ENDED DECEMBER 31, 2017 AND THEREAFTER.

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeIDA MATCH CONTRIBUTIONGrantTypeTxt
Recipient49RecipientCnt
Cash Grant$168,350CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationTHE IDA PROGRAM HAS SPECIFIC FEDERAL AND/OR STATE GUIDELINES THAT DETERMINE HOW PARTICIPANTS QUALIFY FOR IDA GRANTS, AND HOW FUNDS ARE TO BE DISTRIBUTED TO GRANTEES. WEST ADHERES TO PROGRAM GUIDELINES AND MAINTAINS DOCUMENTATION TO SUPPORT DISBURSEMENTS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990(CONTINUED FROM ORGANIZATIONS MISSION) - THROUGH SUSTAINABLE SALES, FINANCIAL KNOWLEDGE AND JOB CREATION. (CONTINUED FROM PART III, 4A.) - RIO RANCHO, ROSWELL AND SANTA FE. IN 2009, WESST OPENED THE 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 413NEW JOBS, 55.4 MILLION IN PAYROLL AND GENERATED OVER 140.3 MILLION IN REVENUES OVER THE PAST 10 YEARS. THE WEC WAS HONORED AS ONE OF "SEVEN HOTTEST START-UP INCUBATORS" BY CNNMONEY.COM IN 2010 AND IN 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 11BTHE 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 DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 12CWESST 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 15ATHE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE USING COMPARABILITY DATA AND THE DATA IS DOCUMENTED. COMPENSATION REVIEWS FOR OTHER WESST EMPLOYEES ARE DONE BY THE EXECUTIVE DIRECTOR, USING COMPARABILITY DATA, WHICH IS DOCUMENTED.
FORM 990, PAGE 6, PART VI, LINE 15BTHE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE USING COMPARABILITY DATA AND THE DATA IS DOCUMENTED. COMPENSATION REVIEWS FOR OTHER WESST EMPLOYEES ARE DONE BY THE EXECUTIVE DIRECTOR, USING COMPARABILITY DATA, WHICH IS DOCUMENTED.
FORM 990, PAGE 6, PART VI, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WESST REAL ESTATE HOLDINGS LLCBusinessNameLine1Txt
Business Name Line200-0000000BusinessNameLine2Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 4TH ST NW STE 1000AddressLine1Txt
CityALBUQUERQUECityNm
State AbbreviationNMStateAbbreviationCd
ZIP87102ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesLAND HOLDIPrimaryActivitiesTxt
Legal Domicile StateNMLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1WESSTBusinessNameLine1Txt