Nonprofit · EIN 39-1521683
WORKING CAPITAL FOR COMMUNITY NEEDS INC
Tax-exempt · MADISON, WI 53703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,702,605 | $1,514,129 | $188,476 | $14,493,466 | $12,935,387 | $1,558,079 |
| December 31, 2023 | 990 | $1,875,363 | $2,139,073 | -$263,710 | $14,991,917 | $13,622,314 | $1,369,603 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $384,706
- Program service revenue
- $1,263,467
- Investment income
- $52,124
- Other revenue
- $2,308
Expenses
- Grants and similar amounts paid
- $4,400
- Compensation of officers, directors and key employees
- $157,730
- Other salaries and wages
- $220,325
- Salaries, compensation and benefits (total)
- $428,533
- Professional fundraising fees
- $0
- Legal fees
- $29,141
- Accounting fees
- $37,127
- Occupancy
- $24,679
- Travel
- $32,645
- Program services (functional)
- $1,191,111
- Management and general (functional)
- $266,461
- Fundraising (functional)
- $56,557
Balance sheet and other
- Total assets, start of year
- $14,991,917
- Total assets, end of year
- $14,493,466
- Total liabilities, end of year
- $12,935,387
- Net assets, end of year
- $1,558,079
- Land, buildings and equipment
- $234,417
- Net assets without donor restrictions
- $1,548,079
- Net assets with donor restrictions
- $10,000
- Gross receipts
- $1,702,605
- Employees
- 4
- Volunteers
- 9
- Year formed
- 1984
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM HARRIS | EXECUTIVE DIRECTOR Officer | 40 | $139,000 | $18,730 |
| LEILANI YATS | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| DANIEL GUERRA JR | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JUAN GOMEZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID DIGGS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LISA ABRAHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HECTOR GUTIERREZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDGAR HERNANDEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNA KAMINSKI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTOINETTE KENMUIR-EVANS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTIN NIELSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LIGIA VADO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JORDAN VAN RIJN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEGAN VANDER WYST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD WOODHULL | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILL HARRIS | EXECUTIVE DIRECTOR Officer | 40 | $135,656 | $18,513 |
| MEGAN VANDER WYST | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LEILANI YATS | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JUAN GOMEZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL GUERRA JR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANNA KAMINSKI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTOINETTE KENMUIR-EVANS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DIGGS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK STANISZEWSKI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GRECIA DE LA O ABARCA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JORDAN VAN RIJN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LIGIA VADO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTIN NIELSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 211 S PATERSON ST STE 260, MADISON, WI 53703-4537
- Principal officer (990 for 2024)
- WILLIAM HARRIS, 211 S PATERSON STREET 260, MADISON, WI 53703
- Signed the 990
- WILLIAM HARRIS, EXECUTIVE DIRECTOR
- Phone
- (608) 257-7230
- Website
- WWW.WCCN.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
WORKING CAPITAL FOR THE COMMUNITY NEEDS (WCCN) IS A NONPROFIT IMPACT INVESTING FUND WHOSE MISSION IS TO CREATE OPPORTUNITIES FOR ACCESS TO MICROFINANCE, SERVICES, AND MARKETS TO IMPROVE THE LIVES AND COMMUNITIES OF THE WORKING POOR IN LATIN AMERICA. THE WCCN MISSION RESTS ON THE IDEA THAT HAVING ACCESS TO OPPORTUNITY EXTENDED FROM A SUPPORTIVE PARTNER IN ONE'S COMMUNITY IS A KEY FACTOR IN DETERMINING WHETHER OR NOT SOMEONE MOVES OUT OF POVERTY.
Program accomplishments
- WCCN IS A NONPROFIT ORGANIZATION THAT EMPOWERS LOW-INCOME LATIN AMERICAN ENTREPRENEURS AND SMALL-SCALE FARMERS THROUGH MICROCREDIT, FAIR TRADE, AND WOMEN'S EMPOWERMENT INITIATIVES. SINCE OUR 1984 FOUNDING, WE CONTINUE TO IMPLEMENT SUSTAINABLE ECONOMIC AND SOCIAL ADVANCEMENT PROGRAMS THROUGH PARTNERSHIPS WITH MICROFINANCE INSTITUTIONS, DEVELOPMENT ORGANIZATIONS, AND COOPERATIVES IN ECUADOR, EL SALVADOR, HONDURAS, GUATEMALA, NICARAGUA, COLOMBIA, MEXICO, AND PERU.Expenses $1,150,419 · grants $400 · revenue $1,263,467
- WCCN ALSO FOSTERS GREATER UNDERSTANDING, GOODWILL, AND PEACE THROUGH PEOPLE-TO-PEOPLE EXCHANGES AND OUR EDUCATIONAL ACTIVITIES. OUR EDUCATIONAL ACTIVITIES INCLUDE U.S./LATIN AMERICAN SPEAKER EXCHANGES, STUDY TOURS TO LATIN AMERICA, AND A QUARTERLY NEWSLETTER.Expenses $40,692 · grants $4,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1521683
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q300)
- Assets (IRS master file)
- $14,493,466
- Income (IRS master file)
- $1,702,605
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,702,605 | $1,514,129 | $14,493,466 | XML |
| 990 | December 2023 | $1,875,363 | $2,139,073 | $14,991,917 | XML |
| 990 | December 2022 | $1,779,719 | $1,579,130 | $14,759,724 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1521683).
Questions about WORKING CAPITAL FOR COMMUNITY NEEDS INC
- What is the EIN of WORKING CAPITAL FOR COMMUNITY NEEDS INC?
- The employer identification number (EIN) of WORKING CAPITAL FOR COMMUNITY NEEDS INC is 39-1521683.
- Is WORKING CAPITAL FOR COMMUNITY NEEDS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to WORKING CAPITAL FOR COMMUNITY NEEDS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORKING CAPITAL FOR COMMUNITY NEEDS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WORKING CAPITAL FOR COMMUNITY NEEDS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WORKING CAPITAL FOR COMMUNITY NEEDS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WORKING CAPITAL FOR COMMUNITY NEEDS INC?
- The 990 for the year ended December 31, 2024 names WILLIAM HARRIS.
- Who are the officers and directors of WORKING CAPITAL FOR COMMUNITY NEEDS INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $139,000 (WILLIAM HARRIS, EXECUTIVE DIRECTOR).
- How much revenue does WORKING CAPITAL FOR COMMUNITY NEEDS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,702,605, expenses of $1,514,129 and total assets of $14,493,466 at year end.
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