2024-11-13T11:53:40-08:00 2023-12-31 221481139 SAMUEL KLEIN AND COMPANY 550 BROAD ST STE 11 NEWARK NJ 07102 990 2023-01-01 262627657 WOMENS CENTER FOR ENTREPRENEUSHIP CORP WOME 9735079700 227 MAIN STREET CHATHAM NJ 07928 Rana Shanawani Executive Director 2024-11-13 true true BRUCE W MICHEL P00381558 9736246100 2023 2024-10-15 13:58:12Z 227 MAIN STREET CHATHAM NJ 07928 572545 false X WWW.WCECNJ.ORG X 2008 NJ United in common organization women in new jersey professionally engaged in business, formulate, mantain, and promote mutual interest of women business owners, provide support for women in business through education 7 7 8 10 0 693247 556088 10493 16457 0 0 703740 572545 0 0 464394 399571 2700 21018 258362 157826 722756 560097 -19016 12448 460342 373538 165405 66153 294937 307385 United in common organization women in new jersey professionally engaged in business, formulate, mantain, and promote mutual interest of women business owners, provide support for women in business through education false false 424503 WCEC presented 191 training sessions and 608 hours of one-on-one business coaching to 1,186 total clients and helped its clients raise $108,274 in grants and loans to help them start or grow their businesses. 23780 WCEC received an award from the NJ Department of Corrections and developed a program to deliver entrepreneurship education to court involved women in the Edna Mahan Correctional Facility or those who have recently been released from prison. 12500 WCEC conducted an annual State of Women Business Owners virtual event with a keynote speech by Governor Phil Murphy and presentations on digital marketing and grants and loans for your business to 110 clients. This event allowed the Organization to raise sponsorship funding which the Organization was able to reinvest into its program delivery. 460783 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 20 0 true 8 true false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true false false NJ X ORGANIZATION 9735079700 227 MAIN STREET CHATHAM NJ 07928 X Robin Berg Tabakin President 1.00 0.00 X X 0 0 0 NOEL RUGGIERO Treasurer 1.00 0.00 X 0 0 0 Tomas Porturas Board Member 1.00 0.00 X 0 0 0 Siobhan Towell Secretary 1.00 0.00 X X 0 0 0 Forough Gharamani Board Member 1.00 0.00 X 0 0 0 Judith Sheft Board Member 1.00 0.00 X 0 0 0 Weld Royal Vice President 1.00 0.00 X X 0 0 0 0 false false false 0 12500 416006 127582 38858 556088 PROGRAM INCOME 900099 16457 16457 16457 0 0 0 0 0 0 0 0 0 572545 16457 0 0 0 0 80098 64078 8010 8010 0 240316 205895 26301 8120 0 51226 45078 5123 1025 27931 24300 2793 838 0 0 9463 9463 0 2700 2700 5250 5250 34244 34244 3028 2725 303 10445 8147 1985 313 6921 5675 1246 0 19092 15655 3437 9876 9185 691 0 1264 1178 74 12 3401 3401 0 2423 2423 3200 3200 IN-KIND CONTRACTUAL COSTS 38116 34304 3812 MISCELLANEOUS 7561 6881 680 GRANTS AND OTHER ASSISTANCE 2800 2800 IN-KIND ADMINISTRATIVE COSTS 742 638 104 0 560097 460783 78296 21018 42024 237955 0 362138 99689 1153 163 0 0 0 0 4224 17470 12848 7044 4622 0 0 0 0 47983 26885 460342 373538 27422 13556 137983 52597 165405 66153 X 231595 183207 63342 124178 294937 307385 460342 373538 12448 X false true X false false X 325466 482142 658328 703740 556088 2725764 0 0 325466 482142 658328 703740 556088 2725764 0 2725764 0 0 0 2725764 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17470 12848 4622 4622 Operating Lease R-O-U Assets 26885 26885 LINE OF CREDIT 25713 OPERATING LEASE LIABILITY 26884 52597 X 572545 572545 572545 560097 560097 560097 Part X : FIN48 Footnote PART X LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. uNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31,2023 AND 2022. THE ORGANIZATION FILES ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE OFFICE OF THE STATE'S ATTORNEY GENERAL FOR THE STATE OF NEW JERSEY. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2021. CONTRACTUAL 38116 HOURLY RATE ADMINISTRATIVE 742 HOURLY RATE false false false Form 990, Part VI, Section B, Line 11b A DRAFT OF THE FORM 990 IS RECEIVED FROM THE ACCOUNTING FIRM AND REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FINALIZING. AFTER REVIEW FORM 990 IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILLING. Form 990, Part VI, Section B, Line 12c ANNUALLY EACH BOARD MEMBER AND OFFICER REVIEWS THE POLICY AND DISCLOSES ANY CONFLICTS. Form 990, Part VI, Section B, Line 15a COMPENSATION IS BASED ON EXPERIENCE OF THE INDIVIDUAL AND IS APPROVED BY THE BOARD. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.