Women's Business Council Southwest
Women's Business Council Southwest
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About this organization
Mission
To increase the value of women-owned businesses by providing certification, education, advocacy, and mutually beneficial business opportunities for our members and affiliates.
About
The mission of the Women's Business Council - Southwest (WBCS)) is to facilitate mutually beneficial procurement opportunities among Women's Business Enterprises (WBE) and Sustaining Corporate Members. The WBCS proudly serves a four state region including the northern half of Texas, Arkansas, New Mexico, and Oklahoma.In an effort to realize the mission of WBCS, four foundational components aid in achieving our success: Certification, procurement, education, and networking.The membership of the WBCS includes 80 Sustaining Corporate Members and 1,158 Women Business Enterprise (WBE) Members. WBCS administers the following certification for our WBE constituents:Women's Business Enterprise National Certification (WBENC)Women Owned Small Business Certification for the Federal GovernmentState of Texas Historically Underutilized Business CertificationSmall Business Enterprise Certification for use by DFW Int'l AirportThe signature events of the WBCS include: Parade of Stars Awards Gala: The Council recognizes and celebrates exemplary Corporate and WBE Members at this elegant event featuring networking, dinner, and awards.Southwest Women businessWorks!: This expo is the Southwest leading business development event for connecting women business owners with corporations, businesses, government entities and other organizations.Harvesting Partnerships: Our procurement and educational workshop features panel discussions and seminars on issues of interest to Council members.Power to Potential Business Forum: A procurement focused business forum that supports WBE to WBE business as well as corporate best practices in supplier diversity.WBCS educational initiatives include:DFW Area Table Topics Luncheons - MonthlyWBCS conducts model programs that advance its mission and provide added value for the members, including:Done Deals - advertising the business done between members of the WBCS and reporting the aggregate dollar amount of WBE business reported from the membership. $10,373,778,868 was reported in 2018.Lillie Knox Investing for Growth - a cash award of up to $20,000 is presented to eligible WBEs through an annual application and judging process. The award is designed to assist WBE members in taking their business to the next level of performance and success. A total of $27,500 was awarded to three WBEs in 2018.Corporate Scorecard - annual reporting out to corporate members on their specific participation in WBCS events and the value and recognition received for their participation.Austin Satellite Office - providing quarterly educational and procurement programming for members in the Austin area.WBCS conducts outreach to segments of women business ownership that are under-represented in the WBCS membership, i.e. WBEs of Color and Large Revenue WBEs.WBCS converses with others through the following outlets:facebook.com/wbcsouthwesttwitter.com/WBCSouthwest linkedin.com/company/women's-business-council-southwestyoutube.com/WBCSouthwestwww.wbcsouthwest.org
Interesting data from their 2020 990 filing
From their filing, the objective of the non-profit is stated as “The organization's primary purpose is to provide a means for identifying and assisting women-owned businesses to compete effectively in the business world.”.
When talking about its functions, they were outlined as: “The organization's primary purpose is to provide a means for identifying and assisting women-owned businesses to compete effectively in the business world.”.
- The legally reported state of operation for the non-profit is TX.
- According to the filing, the non-profit's address in 2020 is 5605 N MacArthur Blvd 220, Irving, TX, 75038.
- The non-profit organization as of 2020 has a total of 14 employees reported on their form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$106,549.
- The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 43 independent voting members.
- The organization was formed in 1995.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $935,987 in salary, compensation, and benefits to its employees.
- The organization pays $112,843 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.
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