Nonprofit · EIN 41-1463426
WOMEN VENTURE
Tax-exempt · SAINT PAUL, MN 55102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,304,863 | $4,332,357 | -$27,494 | $8,198,836 | $5,143,012 | $3,055,824 |
| June 30, 2024 | 990 | $4,218,648 | $4,077,291 | $141,357 | $7,545,689 | $4,462,371 | $3,083,318 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,976,055
- of which government grants
- $2,126,987
- Program service revenue
- $333,403
- Investment income
- $65,175
- Net gain from sales of assets
- $8,475
- Net income from fundraising events
- -$73,706
- Other revenue
- -$69,770
Expenses
- Grants and similar amounts paid
- $525,700
- Compensation of officers, directors and key employees
- $369,502
- Other salaries and wages
- $2,047,481
- Salaries, compensation and benefits (total)
- $2,808,457
- Professional fundraising fees
- $0
- Legal fees
- $24,200
- Accounting fees
- $46,200
- Occupancy
- $95,813
- Travel
- $10,367
- Depreciation
- $19,883
- Program services (functional)
- $3,012,278
- Management and general (functional)
- $697,395
- Fundraising (functional)
- $622,684
Balance sheet and other
- Total assets, start of year
- $7,545,689
- Total assets, end of year
- $8,198,836
- Total liabilities, end of year
- $5,143,012
- Net assets, end of year
- $3,055,824
- Land, buildings and equipment
- $23,955
- Net assets without donor restrictions
- $2,261,842
- Net assets with donor restrictions
- $793,982
- Gross receipts
- $4,547,556
- Employees
- 39
- Volunteers
- 74
- Year formed
- 1983
- State of legal domicile
- MN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEEANN RASACHAK | CHIEF EXECUTIVE OFFICER Officer | 40 | $253,846 | $5,075 |
| ROSEMARIE NDUPUECHI | CHIEF ADV & MKTG OFF (THRU 5/30/25) Highest-paid employee | 40 | $128,719 | $26,003 |
| EMILY CONROY | CHIEF PROGRAM & CLIENT EXP OFFICER Highest-paid employee | 40 | $128,568 | $14,628 |
| WILLIAM STELLE | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $104,769 | $1,830 |
| JOANNA SCHNEDLER | CFO (AS OF 9/16/24) Officer | 40 | $35,457 | $0 |
| GEMMA KUBAT | CHAIR (AS OF 6/26/25) Trustee or director, Officer | 1 | $0 | $0 |
| KRISTEN DENZER | CHAIR (THRU 6/26/25) Trustee or director, Officer | 1 | $0 | $0 |
| ANNA DOSEN-HICKS | VICE CHAIR (AS OF 6/26/25) Trustee or director, Officer | 1 | $0 | $0 |
| RHONDA SKOBY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SARA KAUFMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AJ AUSTERMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AFIRA HASAN | BOARD MEMBER (AS OF 6/26/25) Trustee or director | 1 | $0 | $0 |
| AIMEE STOLT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BABETTE BUCKNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHAZ SANDIFER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHENG SUN | BOARD MEMBER (AS OF 6/26/25) Trustee or director | 1 | $0 |
| DEREK BURGESS | BOARD MEMBER Trustee or director | 1 | $0 |
| JESSI MILLER | BOARD MEMBER Trustee or director | 1 | $0 |
| MARIA KOCHIRAS | BOARD MEMBER Trustee or director | 1 | $0 |
| NICOLE DUNHAM | BOARD MEMBER Trustee or director | 1 | $0 |
| PANG XIONG | BOARD MEMBER Trustee or director | 1 | $0 |
| REBECCA COOPER | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBYN SAPHIR | BOARD MEMBER Trustee or director | 1 | $0 |
| SOPHIA KAHN | BOARD MEMBER (AS OF 6/26/25) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEEANN RASACHAK | CHIEF EXECUTIVE OFFICER Officer | 40 | $193,815 | $2,308 |
| KARLA DROSS | CHIEF FINANCIAL OFFICER Officer | 40 | $127,389 | $20,734 |
| ROSEMARIE NDUPUECHI | CHIEF ADVANCEMENT & MARKETING OFFICER Highest-paid employee | 40 | $114,927 | $25,240 |
| EMILY CONROY | CHIEF PROGRAM & CLIENT EXPERIENCE OFFICER Highest-paid employee | 40 | $124,376 | $3,944 |
| KRISTEN DENZER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RHONDA SKOBY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SARA KAUFMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AJ AUSTERMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AIMEE STOLT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNA DOSEN-HICKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BABETTE BUCKNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHAZ SANDIFER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEREK BURGESS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GEMMA KUBAT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JESSI MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICOLE DUNHAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PANG XIONG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REBECCA COOPER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBYN SAPHIR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LISA KRAMER RODACKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARIA KOCHIRAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NELIMA SITATI MUNENE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 165 WESTERN AVENUE NORTH SUITE 8 OF, SAINT PAUL, MN 55102-4621
- Principal officer (990 for 2024)
- LEEANN RASACHAK, 165 WESTERN AVENUE N STE 8 100, ST PAUL, MN 55102
- Signed the 990
- LEEANN RASACHAK, CHIEF EXECUTIVE OFFICER
- Phone
- (612) 224-9540
- Website
- WWW.WOMENVENTURE.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
TO EMPOWER WOMEN TO ACHIEVE THEIR ECONOMIC GOALS BY BUILDING PROFITABLE AND SUSTAINABLE BUSINESSES THAT TRANSFORM COMMUNITIES.
Program accomplishments
- ENTREPRENEURSHIP:WOMEN'S BUSINESS CENTER - THE WOMEN'S BUSINESS CENTER (WBC) AT WOMENVENTURE IS ONE OF TWO WBCS IN MINNESOTA. WBCS ARE PART OF A NETWORK OF NEARLY 100 EDUCATIONAL CENTERS DESIGNATED BY THE US SMALL BUSINESS ADMINISTRATION (SBA) TO LEVEL THE PLAYING FIELD FOR WOMEN ENTREPRENEURS WHO FACE UNIQUE OBSTACLES IN THE WORLD OF BUSINESS. WBCS ENSURE THAT RESOURCES LIKE SMALL BUSINESS DEVELOPMENT CLASSES AND CONSULTING ARE AVAILABLE TO ALL WOMEN ENTREPRENEURS AND SPECIFICALLY THOSE WHO ARE ECONOMICALLY OR SOCIALLY DISADVANTAGED. WOMENVENTURE IS EASILY ACCESSIBLE BY BUS AND OFFERS SCHOLARSHIPS FOR CLASSES AND SERVICES TO QUALIFYING CLIENTS. (CONTINUED ON SCHEDULE O)TRAINING - WOMENVENTURE SUPPORTS ENTREPRENEURS WITH A VARIETY OF CLASSES, WORKSHOPS AND SEMINARS, INCLUDING LEVELS FOR STARTUP, EMERGING, AND GROWING BUSINESSES. KEY MULTIPART SERIES INCLUDE GETTING READY, WHERE CLIENTS DETERMINE IF ENTREPRENEURSHIP IS RIGHT FOR THEM; SMALL BUSINESS ESSENTIALS, A 5-SESSION COURSE THAT COVERS ALL OF THE CRITICAL COMPONENTS OF CREATING AND FINE-TUNING A BUSINESS PLAN TO LAUNCH THEIR ENTREPRENEURIAL ENDEAVORS WITH CONFIDENCE; AND LAUNCHED & GROWING, A 10-SESSION COURSE DESIGNED TO SUPPORT ENTREPRENEURS IN THE EARLY STAGES OF OPERATION. OTHER OFFERINGS FOCUS ON SPECIALIZED TOPICS SUCH AS LEGAL STRUCTURE, WEBSITE DEVELOPMENT, AND HUMAN RESOURCE MANAGEMENT. WOMENVENTURE ALSO FOCUSES ON CHILDCARE BUSINESS - BOTH FAMILY CHILDCARE AND CHILDCARE CENTERS.TECHNICAL ASSISTANCE - BUSINESS CONSULTANTS ASSIST CLIENTS IN EVALUATING NEW BUSINESS CONCEPTS, BUSINESS AND FINANCIAL PLANNING, FINANCING, LOAN PACKAGING, ACCOUNTING SERVICES, MARKETING, AND SPECIFIC CHALLENGES FACING THEIR SMALL BUSINESS. THE BUSINESS CONSULTING STAFF AND VOLUNTEERS AT WOMENVENTURE HAVE A WIDE RANGE OF EXPERIENCE WORKING WITH SMALL BUSINESSES AND OFFER VALUABLE KNOWLEDGE AND INSIGHT UNIQUE TO WOMEN BUSINESS OWNERS. IN FISCAL YEAR ENDING JUNE 30, 2025, WOMENVENTURE SERVED 1,490 ESTABLISHED AND EMERGING ENTREPRENEURS: 90% WERE WOMEN, 57% LOW-INCOME; AND 52% WERE BIPOC.Expenses $1,778,208 · grants $396,429 · revenue $27,472
- LENDING:MICROLOANS - WOMENVENTURE IS AN SBA MICROLOAN PROVIDER OFFERING BUSINESS LOANS UP TO $100,000 TO QUALIFIED BORROWERS TO START OR EXPAND SMALL BUSINESSES. WOMENVENTURE'S LOAN STAFF GUIDES APPLICANTS THROUGH THE PROCESS TO DETERMINE READINESS AND QUALIFICATIONS. OTHER CAPITAL AND TECHNICAL ASSISTANCE - SOURCES INCLUDE FUNDS FROM THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED), SBA, COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), PRIVATE FOUNDATIONS AND THE CITY OF MINNEAPOLIS.WOMENVENTURE DEPLOYED 46 LOANS TOTALING $1,586,800.Expenses $1,234,070 · grants $129,271 · revenue $309,781
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1463426
- 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
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $8,198,836
- Income (IRS master file)
- $4,547,556
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,304,863 | $4,332,357 | $8,198,836 | XML |
| 990 | June 2024 | $4,218,648 | $4,077,291 | $7,545,689 | XML |
| 990 | June 2023 | $3,555,294 | $3,420,554 | $6,757,859 | IRS |
| 990 | June 2022 | $8,474,014 | $7,368,331 | $7,708,341 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 41-1463426).
Questions about WOMEN VENTURE
- What is the EIN of WOMEN VENTURE?
- The employer identification number (EIN) of WOMEN VENTURE is 41-1463426.
- Is WOMEN VENTURE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to WOMEN VENTURE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WOMEN VENTURE 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 WOMEN VENTURE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WOMEN VENTURE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WOMEN VENTURE?
- The 990 for the year ended June 30, 2025 names LEEANN RASACHAK.
- Who are the officers and directors of WOMEN VENTURE?
- The 990 for the year ended June 30, 2025 lists 24 people; 5 received compensation from the organization, the highest $253,846 (LEEANN RASACHAK, CHIEF EXECUTIVE OFFICER).
- How much revenue does WOMEN VENTURE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,304,863, expenses of $4,332,357 and total assets of $8,198,836 at year end.
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