Program areas at WWBIC
In fy 2022, wwbic closed on 109 loans totaling $ 8,271,667 dollars in small Business and microloan products.
During fy2022, wwbic administered a fiscal sponsorship project which surveys businesses and entrepreneurial support organizations (esos). This information is compiled into a report and forwarded to the main reporting entity to develop capacity-building programs and services to support the esos in their efforts to support small businesses.
In fy 2022, wwbic provided 24,042 counseling and training hours to entrepreneurs and potential entrepreneurs. The veterans busines outreach center program trained 638 veterans and military-connected family members. Wwbic's make your money talk financial capability training graduated 170 individuals and opened 104 matched savings accounts.
Who funds Wisconsin Womens Business Initiative Corporation (WWBIC)
Grants from foundations and other nonprofits
Personnel at WWBIC
| Name | Title | Compensation | Date of data |
|---|
| Wendy K. Baumann | President and Chief Visionary Officer | $189,562 | 2024-11-01 |
| Kamaljit Jackson | Vice President Programs and Operations | $139,084 | 2022-12-31 |
| Jon Gaines | Vice President Business and Finance / Chief Financial Officer / Vice President , Business Services and Finance | $150,680 | 2022-12-31 |
| Christina Knudsen | Vice President Development and Communications | $123,513 | 2022-12-31 |
| Heather Lux | Regional Director - Secretary | $104,813 | 2022-12-31 |
| ...and 4 more key personnel |
Financials for WWBIC
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $5,632,560 | $7,093,238 | -20.6% |
| Program services | $2,129,357 | $1,784,826 | 19.3% |
| Investment income and dividends | $1,539,570 | $1,439,045 | 7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $106,897 | $85,330 | 25.3% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $198,522 | $181,365 | 9.5% |
| Total revenues | $9,606,906 | $10,583,804 | -9.2% |
Organizations like WWBIC
| Organization | Type | Location | Revenue |
|---|
| Metropolitan Economic Development Association | 501(c)(3) | Minneapolis, MN | $9,291,098 |
| Impact Seven | 501(c)(3) | Rice Lake, WI | $21,975,718 |
| Pacific Coast Regional Corporation (PCR) | 501(c)(3) | Los Angeles, CA | $6,614,553 |
| BCL of Texas | 501(c)(3) | Austin, TX | $3,744,979 |
| Aspermont Small Business Development Center | 501(c)(3) | Aspermont, TX | $3,661,260 |
| Launch New York | 501(c)(3) | Buffalo, NY | $3,799,599 |
| Inquiring Systems | 501(c)(3) | Santa Rosa, CA | $6,271,136 |
| Allies for Community Business (A4CB) | 501(c)(3) | Chicago, IL | $9,139,197 |
| Valley Small Business Development Corporation | 501(c)(3) | Fresno, CA | $3,097,036 |
| Northwest Business Development Assoc | 501(c)(3) | Spokane Valley, WA | $3,693,268 |
Data update history
November 1, 2024
Updated personnel
Identified 1 new personnel
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 11, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCommunity Development Financial InstitutionsCharities
Issues
Women and girlsBusiness and industry
Characteristics
Fundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsFiscal sponsorAccepts online donations
General information
- Address
- 1533 N Rivercenter Dr
- Milwaukee, WI 53212
- Metro area
- Milwaukee-Waukesha, WI
- County
- Milwaukee County, WI
- Website URL
- wwbic.com/
- Phone
- (414) 263-5450
- Facebook page
- WWBIC
- Twitter profile
- @wwbic
IRS details
- EIN
- 39-1597954
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1987
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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