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Working Capital for Community Needs, Inc.

Working Capital for Community Needs, Inc.

Madison, WI 53703
Tax ID39-1521683

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$1,377,711

Expenses

$1,085,287

Website

wccn.org

Mission

Founded in 1984, WCCN is a social impact investing fund and community development organization 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. WCCN partners with individuals and organizations in Latin America and the U.S. to facilitate economic and social change opportunities, by strengthening local community partner organizations, reducing inequality through financial inclusion, and empowering individuals to work their way out of poverty.

About

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, and Peru.

Interesting data from their 2020 990 filing

The purpose of the non-profit is listed in the filing as “Working capital for 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.”.

When discussing its operations, they were characterized as: “Working capital for community needs partners with individuals and organizations in latin america and the united states to build sustainable economic opportunities that help people work their way out of poverty.”.

  • The non-profit's legally reported state of operation is WI.
  • The filing states that the non-profit's address in the year 2020 is 211 S PATERSON STREET NO 260, MADISON, WI, 53703.
  • The form submitted by the non-profit for 2020 shows a total of 4 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $292,424.
  • The organization has 7 independent voting members.
  • The organization was formed in 1984.
  • The organization pays $269,814 in salary, compensation, and benefits to its employees.
  • The organization pays $66,707 in fundraising expenses.