1. Directory
  2. California
  3. Santa Barbara
  4. Women's Economic Ventures
EIN 95-3674624

Women's Economic Ventures

IRS 501(c) type
501(c)(3)
Num. employees
58
City
Santa Barbara
State
California
Year formed
1981
Most recent tax filings
2023-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Womens Economic Ventures empowers women and creates a just society by offering small business loans, business training, and technical assistance primarily to low-income women who want to start or expand their small business. As a community development financial institution (CDFI), Wev provides these resources for economic empowerment.
Total revenues
$4,198,397
2023
Total expenses
$4,460,473
2023
Total assets
$6,754,564
2023
Num. employees
58
2023

Program areas at Women's Economic Ventures

Women's Economic Ventures (wev) provides small business loans, business training, and technical assistance to help primarily low income women start or expand a small business. Wev is a community development financial institution (cdfi) and provides micro enterprise loans of up to $25,000 to startups and business expansion loans of up to $50,000 to prebankable businesses. Wev serves both men and women in all programs. In 2023 wev provided training and technical assistance, including 1,648 sessions of individual consulting to 309 clients and provided 21 business loans totaling $407,500.

Grants made by Women's Economic Ventures

GranteeGrant descriptionAmount
Childrens Resource and Referral of Santa BarbaraTo Support Wev's Seed2 Project$67,500

Who funds Women's Economic Ventures

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ventura County Community Foundation (VCCF)To Sponsor the Empowerment Is Priceless Event and To Provide General Operating Funds To Support the Expansion of Its Programs and Services in Ventura County$128,500
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$59,500
California Community FoundationEconomic Opportunity$50,000
...and 27 more grants received totalling $552,980

Personnel at Women's Economic Ventures

NameTitleCompensation
Kathy OdellChief Executive Officer and President$174,238
Nicki ParrChief Executive Officer
Barbara MacNaughtonDirector of Development$105,720
Devon JohnsonDirector of Grants and Impact$105,346
Ashley GoldsteinDirector of Programs and WBC Director
...and 21 more key personnel

Financials for Women's Economic Ventures

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,772,658
Program services$284,588
Investment income and dividends$141,872
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-721
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,198,397

Form 990s for Women's Economic Ventures

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-08990View PDF
2022-122023-09-19990View PDF
2021-122022-11-08990View PDF
2020-122021-11-04990View PDF
2019-122021-02-17990View PDF
...and 10 more Form 990s
Data update history
December 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 10 new personnel
October 23, 2024
Received grants
Identified 3 new grant, including a grant for $128,500 from Ventura County Community Foundation (VCCF)
August 25, 2024
Received grants
Identified 4 new grant, including a grant for $50,000 from California Community Foundation
May 18, 2024
Received grants
Identified 14 new grant, including a grant for $50,000 from William and Charlene Glikbarg Foundation
Nonprofit Types
Business and community development organizationsCharities
Issues
Women and girlsBusiness and industry
Characteristics
Receives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
21 E Canon Perdido St Suite 3
Santa Barbara, CA 93101
Metro area
Santa Maria-Santa Barbara, CA
County
Santa Barbara County, CA
Website URL
wevonline.org/ 
Phone
(805) 965-6073
IRS details
EIN
95-3674624
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
044676
FTB Entity ID
1085238
AB 488 data last updated ("as-of") date
2024-12-18
Free account sign-up

Want updates when Women's Economic Ventures has new information, or want to find more organizations like Women's Economic Ventures?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy