WOMENS ECONOMIC SELF-SUFFICIENCY TEAM CORP: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- WOMENS ECONOMIC SELF-SUFFICIENCY TEAM CORP (EIN 85-0367809)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-06-22
- IRS object ID
- 201531739349300043
- Schema version
- 2014v5.0
- 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 | 2015-06-22T15:22:13-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 202486011 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOFTIS GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6721 ACADEMY RD NE STE D | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 871093370 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | 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 | 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 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 | 2015-06-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NICK LOFTIS | PreparerPersonNm |
| PTIN | P00546190 | PTIN |
| Phone | 5052935009 | PhoneNum |
| Preparation | 2015-06-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AGNES NOONAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 609 BROADWAY NE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,333,685 | 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 FACILITATES THE START-UP AND GROWTH OF SMALL BUSINESSES THROUGHOUT NEW MEXICO. WESST'S KEY SERVICES, OFFERED AT SIX REGIONAL OFFICES, INCLUDE MICROENTERPRISE, SMALL BUSINESS AND FINANCIAL LITERACY TRAINING, TECHNICAL ASSISTANCE, BUSINESS INCUBATION AND ACCESS TO CAPITAL THROUGH ITS REVOLVING LOAN FUND. THE WESST ENTERPRISE CENTER, A LEED-CERTIFIED SMALL BUSINESS INCUBATOR, OPENED IN JANUARY 2009. THROUGH THE BENEFITS OF A COMPREHENSIVE BUSINESS ASSISTANCE PROGRAM AND GUIDANCE FROM ADVISORS AND MENTORS, MEMBERS CAN ACCELERATE THE GROWTH OF THEIR COMPANIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 27 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,032,189 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,798,959 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $391,452 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $369,724 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,333 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,448 | CYInvestmentIncomeAmt |
| CY Other Revenue | $142,063 | CYOtherRevenueAmt |
| PY Total Revenue | $2,424,974 | PYTotalRevenueAmt |
| CY Total Revenue | $2,312,194 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,970 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $138,393 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,428,794 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,520,844 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $130,501 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $967,001 | PYOtherExpensesAmt |
| CY Other Expenses | $943,963 | CYOtherExpensesAmt |
| PY Total Expenses | $2,399,765 | PYTotalExpensesAmt |
| CY Total Expenses | $2,603,200 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $25,209 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$291,006 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,217,570 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,760,798 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,366,270 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,732,959 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,851,300 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,027,839 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WESST FACILITATES THE START-UP AND GROWTH OF SMALL BUSINESSES THROUGHOUT NEW MEXICO. WESST'S KEY SERVICES, OFFERED AT SIX REGIONAL OFFICES, INCLUDE MICROENTERPRISE, SMALL BUSINESS AND FINANCIAL LITERACY TRAINING, TECHNICAL ASSISTANCE, BUSINESS INCUBATION AND ACCESS TO CAPITAL THROUGH ITS REVOLVING LOAN FUND. THE WESST ENTERPRISE CENTER, A LEED-CERTIFIED SMALL BUSINESS INCUBATOR, OPENED IN JANUARY 2009. THROUGH THE BENEFITS OF A COMPREHENSIVE BUSINESS ASSISTANCE PROGRAM AND GUIDANCE FROM ADVISORS AND MENTORS, MEMBERS CAN ACCELERATE THE GROWTH OF THEIR COMPANIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,466,672 | ExpenseAmt |
| Grant | $138,393 | GrantAmt |
| Revenue | $304,549 | RevenueAmt |
| Desc | WESST FACILITATES THE START-UP AND GROWTH OF SMALL BUSINESSES THROUGHOUT NEW MEXICO. WESST'S KEY SERVICES, OFFERED AT SIX REGIONAL OFFICES, INCLUDE MICROENTERPRISE, SMALL BUSINESS AND FINANCIAL LITERACY TRAINING, TECHNICAL ASSISTANCE, BUSINESS INCUBATION AND ACCESS TO CAPITAL THROUGH ITS REVOLVING LOAN FUND. THE WESST ENTERPRISE CENTER, A LEED-CERTIFIED SMALL BUSINESS INCUBATOR, OPENED IN JANUARY 2009. THROUGH THE BENEFITS OF A COMPREHENSIVE BUSINESS ASSISTANCE PROGRAM AND GUIDANCE FROM ADVISORS AND MENTORS, MEMBERS CAN ACCELERATE THE GROWTH OF THEIR COMPANIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $743,125 | ExpenseAmt |
| Revenue | $65,175 | RevenueAmt |
| Desc | FINANCIAL ASSISTANCE: AT DECEMBER 31, 2014, WESST HAD 104 LOANS OUTSTANDING TOTALING APPROXIMATELY 868,000. 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 | $2,209,797 | 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 | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | 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 | Yes (true) | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | 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 | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 27 | 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 | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | 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 |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHARON WIEDENHAUPT | PersonNm |
| Phone | 5052466900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 609 BROADWAY NE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| AGNES NOONAN | ||||||
| PRESIDENT | 40.00 | Yes (X) | $97,000 | $0 | $33,759 | |
| SALLY ADAMS | ||||||
| CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ANGELA ANDERSON | ||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| REBECCA AVITIA | ||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MOLLY BELL | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL D BICKEL | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS BRIONES | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DON CHALMERS | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LEEANNA FRESQUEZ | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARY L JURY | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LINDA KIER | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUL KASSICIEH | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARK NAPOLIN | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ARVIND RAICHUR | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SHAREN RAMIREZ | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATIE SZCZEPANIAK RICE | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAUREL SHELTON | ||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| RON TALBOT | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ADAM TRUBOW | ||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID VEDERA | ||||||
| PAST CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SHARON WIEDENHAUPT | ||||||
| CHIEF FINANC | 40.00 | $67,771 | $0 | $10,844 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $164,771 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $44,603 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $1,254,269 | GovernmentGrantsAmt |
| All Other Contributions | $544,690 | AllOtherContributionsAmt |
| Noncash Contributions | $23,373 | NoncashContributionsAmt |
| Total Contributions | $1,798,959 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INCUBATOR MEMBERSHIP | 532000 | $250,579 | $250,579 |
| LOAN INTEREST/FEES | 525990 | $65,175 | $65,175 |
| CONSULTING & TRAINING | 541610 | $53,970 | $53,970 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $369,724 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,448 | TotalRevenueColumnAmt |
| Exclusion | $1,448 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $163,554 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $21,491 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $142,063 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,312,194 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $369,724 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,448 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,393 | TotalAmt |
| Program Services | $138,393 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,770 | TotalAmt |
| Program Services | $72,685 | ProgramServicesAmt |
| Management And General | $62,985 | ManagementAndGeneralAmt |
| Fundraising | $29,100 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,127,224 | TotalAmt |
| Program Services | $986,750 | ProgramServicesAmt |
| Management And General | $66,214 | ManagementAndGeneralAmt |
| Fundraising | $74,260 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,421 | TotalAmt |
| Program Services | $17,565 | ProgramServicesAmt |
| Management And General | $2,142 | ManagementAndGeneralAmt |
| Fundraising | $1,714 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,546 | TotalAmt |
| Program Services | $74,248 | ProgramServicesAmt |
| Management And General | $9,055 | ManagementAndGeneralAmt |
| Fundraising | $7,243 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,883 | TotalAmt |
| Program Services | $93,506 | ProgramServicesAmt |
| Management And General | $15,195 | ManagementAndGeneralAmt |
| Fundraising | $8,182 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,860 | TotalAmt |
| Program Services | $9,430 | ProgramServicesAmt |
| Management And General | $9,430 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,578 | TotalAmt |
| Program Services | $231,399 | ProgramServicesAmt |
| Management And General | $12,179 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,610 | TotalAmt |
| Program Services | $6,888 | ProgramServicesAmt |
| Management And General | $861 | ManagementAndGeneralAmt |
| Fundraising | $861 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,164 | TotalAmt |
| Program Services | $143,272 | ProgramServicesAmt |
| Management And General | $16,916 | ManagementAndGeneralAmt |
| Fundraising | $8,976 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,481 | TotalAmt |
| Program Services | $80,385 | ProgramServicesAmt |
| Management And General | $20,096 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,030 | TotalAmt |
| Program Services | $31,308 | ProgramServicesAmt |
| Management And General | $2,722 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,873 | TotalAmt |
| Program Services | $27,873 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $233,346 | TotalAmt |
| Program Services | $198,344 | ProgramServicesAmt |
| Management And General | $35,002 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,335 | TotalAmt |
| Program Services | $19,468 | ProgramServicesAmt |
| Management And General | $4,867 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| IN-KIND SUPPLIES | $23,371 | $18,463 | $4,908 | |
| TRAINING | $17,957 | $17,957 | ||
| PAID TO SUBRECIEPIENTS | $13,953 | $13,953 | ||
| MISCELLANEOUS | $11,812 | $11,317 | $330 | $165 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,593 | TotalAmt |
| Program Services | $16,593 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,603,200 | TotalAmt |
| Program Services | $2,209,797 | ProgramServicesAmt |
| Management And General | $262,902 | ManagementAndGeneralAmt |
| Fundraising | $130,501 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,654 | BOYAmt |
| EOY | $310,409 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,533,725 | BOYAmt |
| EOY | $2,237,265 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,919 | BOYAmt |
| EOY | $257,032 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,771 | BOYAmt |
| EOY | $3,052 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,137 | BOYAmt |
| EOY | $21,890 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,196,937 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,153,106 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,261,023 | BOYAmt |
| EOY | $8,043,831 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $831,114 | BOYAmt |
| EOY | $868,030 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,227 | BOYAmt |
| EOY | $19,289 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,217,570 | BOYAmt |
| EOY | $11,760,798 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,352 | BOYAmt |
| EOY | $72,421 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,103 | BOYAmt |
| EOY | $219,414 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,493 | BOYAmt |
| EOY | $16,045 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,131,378 | BOYAmt |
| EOY | $903,577 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,075,590 | BOYAmt |
| EOY | $380,744 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,354 | BOYAmt |
| EOY | $140,758 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,366,270 | BOYAmt |
| EOY | $1,732,959 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,986,502 | BOYAmt |
| EOY | $9,888,101 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,854,548 | BOYAmt |
| EOY | $129,738 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,250 | BOYAmt |
| EOY | $10,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,851,300 | BOYAmt |
| EOY | $10,027,839 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,217,570 | BOYAmt |
| EOY | $11,760,798 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$291,006 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $467,545 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $2,317,842 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,598,391 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,866,114 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,134,844 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,049,539 | CurrentTaxYearAmt |
| Total | $9,966,730 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,317,842 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,598,391 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,866,114 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,134,844 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,049,539 | CurrentTaxYearAmt |
| Total | $9,966,730 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $9,966,730 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,394 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,967 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,333 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,448 | CurrentTaxYearAmt |
| Total | $8,291 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,975,021 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $673,063 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99920 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99870 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,250 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$250 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $10,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,345 | BeginningYearBalanceAmt |
| Contributions | $8,655 | ContributionsAmt |
| Investment Earnings Or Losses | $250 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $10,250 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,345 | BeginningYearBalanceAmt |
| End Year Balance | $1,345 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,345 | BeginningYearBalanceAmt |
| End Year Balance | $1,345 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,345 | BeginningYearBalanceAmt |
| End Year Balance | $1,345 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | 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 | $2,337,922 | OtherCostOrOtherBasisAmt |
| Depreciation | $318,355 | DepreciationAmt |
| Book Value | $2,019,567 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $115,849 | OtherCostOrOtherBasisAmt |
| Depreciation | $43,757 | DepreciationAmt |
| Book Value | $72,092 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $325,375 | OtherCostOrOtherBasisAmt |
| Depreciation | $71,659 | DepreciationAmt |
| Book Value | $253,716 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,192,078 | OtherCostOrOtherBasisAmt |
| Depreciation | $719,335 | DepreciationAmt |
| Book Value | $5,472,743 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,043,831 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NOTES RECEIVABLE | Desc |
| Book Value | $868,030 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $868,030 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| IDA PARTICIPANT ACCOUNTS | $122,139 |
| THRIVEABQ | $18,619 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $140,758 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,600,310 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $288,116 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $288,116 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,312,194 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,312,194 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,891,316 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $288,116 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $288,116 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,603,200 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,603,200 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART IV, LINE 2B | DEPOSITS ARE HELD FOR WEC MEMBERSHIP. |
| SCHEDULE D, PAGE 3, PART X | WESST 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 RESULTED IN UNRELATED BUSINESS 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, 2011 AND THEREAFTER. WESST ADOPTED THE PROVISIONS OF FASB ASC 740-10 "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". WESST HAS NOT RECOGNIZED ANY CHANGES TO ITS FINANCIAL STATEMENTS FOR UNCERTAIN TAX POSITIONS RESULTING FROM THIS ADOPTION. |
| SCHEDULE D, PAGE 4, PART XIII | FUNDS ARE INTENDED TO PROVIDE A STABLE SOURCE OF INCOME FOR ORGANIZATIONAL ACTIVITIES. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SOIREE | Event1Nm |
| Gross Receipts Event1 | $163,554 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $163,554 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $21,491 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $163,554 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $163,554 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $21,491 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $21,491 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $142,063 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | IDA MATCH CONTRIBUTION | GrantTypeTxt |
| Recipient | 58 | RecipientCnt |
| Cash Grant | $138,393 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE 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 (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | WESST FACILITATES THE START-UP AND GROWTH OF SMALL BUSINESSES THROUGHOUT NEW MEXICO. WESST'S KEY SERVICES, OFFERED AT SIX REGIONAL OFFICES, INCLUDE MICROENTERPRISE, SMALL BUSINESS AND FINANCIAL LITERACY TRAINING, TECHNICAL ASSISTANCE, BUSINESS INCUBATION AND ACCESS TO CAPITAL THROUGH ITS REVOLVING LOAN FUND. THE WESST ENTERPRISE CENTER, A LEED-CERTIFIED SMALL BUSINESS INCUBATOR, OPENED IN JANUARY 2009. THROUGH THE BENEFITS OF A COMPREHENSIVE BUSINESS ASSISTANCE PROGRAM AND GUIDANCE FROM ADVISORS AND MENTORS, MEMBERS CAN ACCELERATE THE GROWTH OF THEIR COMPANIES. |
| 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 DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | WESST 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. 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 15B | THE 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 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | CERTAIN ERRORS RESULTING IN A MISSTATEMENT OF UNRESTRICTED, TEMPORARILY RESTRICTED AND PERMANENTLY RESTRICTED NET ASSETS AS WELL AS A MISSTATEMENT OF FEDERAL GRANT REVENUE AND THE AMOUNT RECORDED AS THE CAPITAL LEASE PAYABLE WERE DISCOVERED DURING THE CURRENT YEAR: A REDUCTION OF TEMPORARILY RESTRICTED NET ASSETS AND PERMANENTLY RESTRICTED NET ASSETS OF APPROXIMATELY 7,799,000 WAS MADE AND UNRESTRICTED NET ASSETS WERE INCREASED. THIS ADJUSTMENT WAS THE RESULT OF BALANCES INAPPROPRIATELY RESTRICTED FOR PROPERTY AND PROGRAMS, FOR WHICH THE INITIAL RECEIPT OF FUNDS WAS NOT A CONTRIBUTION OR FOR WHICH THE CONTRIBUTION RESTRICTION WAS MET PRIOR TO DECEMBER 2012. AN ADJUSTMENT FOR FEDERAL GRANT REVENUE RECORDED IN A PREVIOUS YEAR OF APPROXIMATELY 236,000 WAS RECORDED AS DEFERRED REVENUE AND A CORRESPONDING ADJUSTMENT WAS MADE TO REDUCE PREVIOUSLY REPORTED NET ASSETS. THIS ADJUSTMENT WAS THE RESULT OF FEDERAL GRANT REVENUE THAT HAD NOT BEEN USED FOR ITS INTENDED PURPOSE BY WESST, HOWEVER THE GRANT REVENUE HAD INAPPROPRIATELY BEEN RECOGNIZED AS INCOME PRIOR TO DECEMBER 31, 2013. A DECREASE OF THE CAPITAL LEASE PAYABLE OF APPROXIMATELY 703,000 WAS RECORDED AND A CORRESPONDING ADJUSTMENT WAS MADE TO INCREASE PREVIOUSLY REPORTED NET ASSETS. THIS ADJUSTMENT WAS THE RESULT OF RECOGNIZING THAT THE CAPITAL LEASE PAYABLE WAS NOT REQUIRED TO BE MADE, DUE TO THE FACT STIPULATIONS IN THE LEASE WERE MET PRIOR TO DECEMBER 31, 2012. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESST REAL ESTATE HOLDINGS LLC | BusinessNameLine1Txt |
| Business Name Line2 | 00-0000000 | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 4TH ST NW STE 1000 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | LAND HOLDI | PrimaryActivitiesTxt |
| Legal Domicile State | NM | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WESST | BusinessNameLine1Txt |