2025-11-14T10:07:07-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 371771308 ASSOCIATION OF WOMEN'S BUSINESS CENTERS ASSO 2024304756 10 G ST NE 600 WASHINGTON DC 20002 CORINNE GOBLE EXECUTIVE DIRECTOR 2024304756 2025-11-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z CORINNE GOBLE 10 G ST NE 600 WASHINGTON DC 20002 2164446 0 X WWW.AWBC.ORG X 2000 DC EDUCATION FOR SERVICE PROVIDERS TO WOMAN ENTREPRENEURS. 18 18 8 39 0 0 1661995 1946905 141504 212659 1048 4882 0 0 1804547 2164446 493486 392233 0 0 520787 612160 0 0 83537 747845 949004 1762118 1953397 42429 211049 941235 1170366 118471 137453 822764 1032913 X THE AWBC WORKS TO SECURE ECONOMIC JUSTICE AND ENTREPRENEURIAL OPPORTUNITIES FOR WOMEN BY SUPPORTING AND SUSTAINING A NATIONAL NETWORK OF OVER 100 WOMEN'S BUSINESS CENTERS (WBCS). 0 1 931478 390950 WOMEN'S BUSINESS CENTER CAPACITY BUILDING:IN RECOGNITION THAT THE BEST WAY FOR AWBC TO SUPPORT THE CAPACITY OF THE WOMEN'S BUSINESS CENTERS IS BY FINDING AND DEPLOYING FUNDING TO THEM, IN 2024, AWBC DISPERSED SUBGRANTS TO WOMEN'S BUSINESS CENTERS IN EFFORTS TO BUILD CAPACITY AND CULTIVATE SUSTAINABILITY FOR ITS MEMBERS ACROSS THE NATION. FUNDING FOR THIS PROGRAM CAME FROM VERIZON SMALL BUSINESS DIGITAL READY ROUND 4, CA SSBCI, VERIZON SKILL FORWARD AND A VERIZON SMALL BUSINESS DIGITAL READY EXTENSION. VERIZON SMALL BUSINESS DIGITAL READY (VSBDR): CONNECTING ENTREPRENEURS & SMALL BUSINESS OWNERS TO THE RESOURCES AND COMMUNITY AVAILABLE ON THE VERIZON SMALL BUSINESS DIGITAL READY PLATFORM.VERIZON SKILL FORWARD: CONNECTING ENTREPRENEURS AND SMALL BUSINESS OWNERS WITH THE RESOURCES AND COMMUNITY AVAILABLE ON THE VERIZON SKILL FORWARD PLATFORM. VERIZON SKILL FORWARD EQUIPS YOU WITH THE SKILLS NEEDED TO GROW IN YOUR FIELD OR FORGE A NEW CAREER PATH THROUGH JOB-RELEVANT PROGRAMS. WITH FREE ACCESS TO EDX'S SELF-PACED, EXPERT-LED ONLINE COURSES, YOU CAN DEVELOP IN-DEMAND SKILLS TAILORED TO TODAY'S JOB MARKET - PREPARING YOU FOR NEW OPPORTUNITIES. TIKTOK'S SUPPORTING OUR ARTISANS AND RETAILERS ACCELERATOR PROGRAM: WOMEN SMALL BUSINESS OWNERS PARTICIPATED IN A BUSINESS ACCELERATOR PROGRAM DEDICATED TO EMPOWERING ENTREPRENEURS AND ENHANCING THE GROWTH OF THEIR TIKTOK SHOPS. OUR CAREFULLY SELECTED PARTICIPANTS JOINED WEEKLY COACHING SESSIONS AND COMMUNITY CALLS, WHERE THEY'VE GAINED VALUABLE INSIGHTS INTO TIKTOK SHOP, HONED THEIR BUSINESS SKILLS, AND BUILT CONFIDENCE AS SMALL BUSINESS OWNERS. 523274 1283 212659 LEADERSHIP CONFERENCE:THE SEPTEMBER 2024 ANNUAL LEADERSHIP CONFERENCE IN KANSAS CITY WAS AN INCREDIBLE EVENT, BRINGING TOGETHER OVER 350 ATTENDEES, INCLUDING WOMEN'S BUSINESS CENTERS, SMALL BUSINESS OWNERS, AND INDUSTRY LEADERS. ATTENDEES ENJOYED SESSIONS PACKED WITH VALUABLE INSIGHTS TO HELP THEIR BUSINESSES AND ORGANIZATIONS THRIVE. WE HAD THE PLEASURE OF HEARING FROM INSPIRING SPEAKERS LIKE: ISABEL GUZMAN, U.S. SMALL BUSINESS ADMINISTRATION (SBA) ADMINISTRATOR NIA MATHIS, VERIZON VP AND CHIEF ESG ENGAGEMENT OFFICER KELLY SKALICKY, PRESIDENT AND CEO OF STEARNS BANK. IN ADDITION TO THE SESSIONS, WE HAD SOME AMAZING OUTINGS, INCLUDING VISITS TO THE KC CURRENT STADIUM AND KC LIVE IN THE POWER AND LIGHT DISTRICT. WE WERE HAPPY TO HAVE A VIDEO PRESENTED AT THE CONFERENCE FROM SHARICE DAVIDS (D-KS 3RD DISTRICT). 108327 HOPE2WOMEN:HOPE2WOMEN.ORG, LAUNCHED IN MAY 2023, CONNECTS ENTREPRENEURS TO THE NATIONAL NETWORK OF WOMEN'S BUSINESS CENTERS, OFFERING RESOURCES, EDUCATION, CAPITAL OPPORTUNITIES, AND REFERRAL SERVICES. OUR 2024 STATS SHOWING A GROWING DEMAND FOR THIS SERVICE: REQUESTS FOR ASSISTANCE: 284 INSTAGRAM FOLLOWERS: 4,088 NEW NEWSLETTER SUBSCRIBERS: 376 H2W SITE: 6.5K VISITS. 1563079 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X CORINNE GOBLE 2024304756 10 G ST NE 600 WASHINGTON DC 20002 KLASSI DUNCAN CHAIR 5.00 X X 0 0 0 ROBERTA MCCULLOUGH PAST CHAIR 5.00 X X 0 0 0 NICOLE LIATOS VICE CHAIR 5.00 X X 0 0 0 ANNE FLYNN SCHLICHT TREASURER 5.00 X X 0 0 0 KATHRYN RUDLOFF SECRETARY 5.00 X X 0 0 0 CHRISTY DAUER BOARD MEMBER 5.00 X 0 0 0 RUTH GARCIA-CORRALES BOARD MEMBER 5.00 X 0 0 0 AUSTIN GOBLE BOARD MEMBER (FROM 09/24) 5.00 X 0 0 0 NIKKI HAHN BOARD MEMBER 5.00 X 0 0 0 GWEN HART BOARD MEMBER 5.00 X 0 0 0 KATTY IBARRA BOARD MEMBER 5.00 X 0 0 0 SOPHIA KANAAN BOARD MEMBER 5.00 X 0 0 0 DANETTE NGUYEN BOARD MEMBER (FROM 09/24) 5.00 X 0 0 0 CINDY RAMOS-DAVIDSON BOARD MEMBER 5.00 X 0 0 0 LUZ SELLERS BOARD MEMBER (FROM 09/24) 5.00 X 0 0 0 RANA SHANAWANI BOARD MEMBER 5.00 X 0 0 0 JACKIE SCOTT BOARD MEMBER (FROM 09/24) 5.00 X 0 0 0 KASSI STRONG BOARD MEMBER (FROM 09/24) 5.00 X 0 0 0 MARY ANN PETRILLO BOARD MEMBER (UNTIL 09/24) 5.00 X 0 0 0 CORINNE GOBLE CEO 40.00 X 190897 0 21156 JESSICA YANKEE VP OF PROGRAMS 40.00 X 128654 0 17789 319551 0 38945 2 0 1 0 LOEWS KANSAS CITY HOTEL 1515 WYANDOTTE STREET KANSAS CITY MO 64108 CONFERENCE VENUE 274373 1 64406 27782 1854717 1946905 CONFERENCE FEES 900099 212659 212659 212659 4882 4882 2164446 212659 0 4882 392233 392233 212053 148437 42411 21205 329191 230136 66179 32876 9957 6970 1992 995 21250 14875 4249 2126 39709 27796 7942 3971 32640 32640 12000 6000 4800 1200 153499 126397 25824 1278 40442 40442 43221 14110 27001 2110 11714 5857 4686 1171 4880 2440 1952 488 141424 83078 46677 11669 416829 415086 1743 18150 9075 7260 1815 9670 9670 BAD DEBT EXPENSE 25250 25250 SUBSCRIPTIONS 17838 8919 7135 1784 PAYPAL/PROCESSOR FEES 11327 11327 PAYROLL PROCESSING FEES 8488 5942 1697 849 1632 36 1596 1953397 1563079 306781 83537 397475 997865 101048 101922 389590 38800 18252 13955 34870 17824 941235 1170366 85089 120992 33382 16461 118471 137453 X 822764 1032913 822764 1032913 941235 1170366 211049 -900 0 X 0 0 0 X 388320 995764 1548503 1661995 1946905 6541487 388320 995764 1548503 1661995 1946905 6541487 3295216 3246271 1048 4882 5930 6547417 940566 0.49580 0.57040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 12000 12000 1941397 1953397 247670 61918 0 0 172070 212483 238106 247670 870329 1305494 14500 12000 12000 12000 50500 43018 53121 59527 61918 217584 326376 0 LEASE LIABILITY 16461 16461 1 CALIFORNIA STATE UNIVERSITY FRESNO FOUNDATION 4910 NORTH CHESTNUT AVENUE FRESNO CA 93726 946003272 501(C)(3) 47458 0 SKILL FORWARD AND VSBDR BLACK HILLS STATE UNIVERSITY FOUNDATION 1200 UNIVERSITY ST UNIT 9506 SPEARFISH SD 57799 237428348 501(C)(3) 35000 0 HOPE2WOMEN FUNDING, SKILL FORWARD AND VSBDR CALIFORNIA CAPITAL FDC 1792 TRIBUTE ROAD SUITE 270 SACRAMENTO CA 95815 942861631 501(C)(3) 32958 0 SKILL FORWARD AND VSBDR FRIENDS OF PUERTO RICO 1050 30TH STREET NW WASHINGTON DC 20007 811143995 501(C)(3) 30000 0 SKILL FORWARD AND VSBDR GREAT LAKES WOMEN'S BUSINESS COUNCIL 33109 SCHOOLCRAFT RD LIVONIA MI 48150 382571135 501(C)(3) 25000 0 SKILL FORWARD THE CATALYST CENTER FOR BUSINESS & ENTREPRENEURSHIP 515 SPARKMAN DRIVE NW HUNTSVILLE AL 35816 510446029 501(C)(3) 25000 0 SKILL FORWARD URBAN LEAGUE OF LOUISIANA - WBC 4640 SOUTH CARROLLTON AVENUE NEW ORLANS LA 70119 720423627 501(C)(3) 25000 0 SKILL FORWARD WOMEN'S BUSINESS DEVELOPMENT COUNCIL 184 BEDFORD STREET SUITE 201 STAMFORD CT 06901 061493737 501(C)(3) 25000 0 SKILL FORWARD CENTER FOR ECONOMIC EMPOWERMENT AND DEVELOPMENT 230 HAY STREET FAYETTEVILLE NC 28301 581873977 501(C)(3) 15000 0 VSBDR ECONOMIC AND COMMUNITY DEVELOPMENT INSTITUTE 1655 OLD LEONARD AVE COLUMBUS OH 43219 311145544 501(C)(3) 12500 0 VSBDR MISSION COMMUNITY SERVICES CORPORATION 71 ZACA LANE SUITE 130 SAN LUIS OBISPO CA 93401 770494600 501(C)(3) 10619 0 VSBDR JEFFERSON ECONOMIC DEVELOPMENT INSTITUTE 205 CHESTNUT STREET MOUNT SHASTA CA 96067 911764897 501(C)(3) 10000 0 VSBDR SOUTHWESTERN COLLEGE FOUNDATION 900 OTAY LAKES ROAD CHULA VISTA CA 91910 953794927 501(C)(3) 10000 0 VSBDR THE GEORGE MASON UNIVERSITY INSTRUCTIONAL FOUNDATION 4400 UNIVERSITY DRIVE MS 1D2 FAIRFAX VA 22030 546063258 501(C)(3) 10000 0 VSBDR THE UNIVERSITY OF TEXAS AT ARLINGTON GCA BOX 19136 ARLINGTON TX 76019 756000121 115 10000 0 VSBDR WOMEN'S ENTERPRISE DEVELOPMENT CENTER INC 901 NORTH BROADWAY STE 23 WHITE PLAINS NY 10603 134042394 501(C)(3) 10000 0 VSBDR SEATTLE ECONOMIC DEVELOPMENT FUND DBA BUSINESS IMPACT NW 12720 GATEWAY DRIVE SOUTH TUKWILA WA 98168 911764008 501(C)(3) 8125 0 SKILL FORWARD AND VSBDR 17 0 PART I, LINE 2: AWBC IS RESPONSIBLE FOR OVERSIGHT OF THE OPERATIONS OF SUB GRANT AWARD SUPPORTED ACTIVITIES. IT IS THE POLICY OF THE ORGANIZATION TO MONITOR ITS ACTIVITIES TO ASSURE COMPLIANCE WITH APPLICABLE FEDERAL AND FUNDER REQUIREMENTS AND PERFORMANCE EXPECTATIONS ARE BEING ACHIEVED. MONITORING MUST COVER EACH PROGRAM, FUNCTION OR ACTIVITY. PERFORMANCE REPORTS WILL BE SUBMITTED AT THE INTERVAL REQUIRED BY THE FEDERAL OR OTHER AWARDING AGENCY OR PASS-THROUGH ENTITY TO BEST INFORM IMPROVEMENTS IN PROGRAM OUTCOMES AND PRODUCTIVITY. X X X X X 0 0 0 0 0 0 0 1 0 CORINNE GOBLE CEO 166693 0 24204 0 0 0 8156 0 13000 0 212053 0 0 0 PART I, LINE 7 DURING THE YEAR MERIT-BASED BONUSES WERE ISSUED TO CORINNE GOBLE AND JESSICA YANKEE IN THE AMOUNT OF$ 24,204 AND $16,305 RESPECTIVELY. FORM 990, PART III, LINE 3 DURING 2024, THE ORGANIZATION DISCONTINUED THE INCUMBENT WORKER TRAINING PROGRAM. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERSHIP: 1) MEMBER ORGANIZATIONS 2) AFFILIATES ONLY MEMBER ORGANIZATIONS MAY VOTE. FORM 990, PART VI, SECTION A, LINE 7A ELECTION PROCESS: ELECTIONS ARE MADE BY SECRET BALLOT AT THE ANNUAL MEETING. EACH MEMBER ORGANIZATION RECEIVES ONE (1) BALLOT TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B BYLAWS MAY BE ALTERED, AMENDED OR REPEALED AND CHANGES IN BYLAWS MAY BE ADOPTED (I) BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE MEMBERS PRESENT AT THE ANNUAL MEETING OR SPECIAL MEETING OR (II) BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE BOARD OF DIRECTORS AT THE ANNUAL, REGULAR OR SPECIAL MEETING OF THE BOARD OF DIRECTORS, PROVIDED THAT IF THE PROPOSED AMENDMENT INVOLVES SPECIFIC MODIFICATIONS, WHICH ARE RESERVED EXCLUSIVELY FOR MEMBER APPROVAL BY THE NONPROFIT ACT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. A FINAL COPY OF THE RETURN WAS PROVIDED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE ORGANIZATION OBTAINS THE REQUISITE DISCLOSURES OF CONFLICTS OF INTEREST FROM ALL BOARD MEMBERS, OFFICERS, COMMITTEE MEMBERS, AND KEY EMPLOYEES. MANAGEMENT ENSURES THESE INDIVIDUALS FULLY COMPLY WITH THE POLICY. IF THE BOARD OF DIRECTORS OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORDS SUCH PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF SUCH PERSON, AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OF DIRECTORS OR COMMITTEE DETERMINES SUCH PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD OF DIRECTORS TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION CONTRACTED WITH AN INDEPENDENT 3RD PARTY CONSULTANT WITH DEEP SKILLS IN THIS AREA WHO PUBLISHED INDEPENDENT DATA SOURCES TO VALIDATE A COMPENSATION LEVEL AND STRUCTURE APPROPRIATE FOR THE CEO. THE CONSULTANT WORKED WITH BOTH STAFF AND THE BOARD OF DIRECTORS THROUGHOUT THE PROCESS. THE CEO'S COMPENSATION REVIEW PROCESS WAS DISCUSSED AND DOCUMENTED. THE LAST COMPENSATION REVIEW TOOK PLACE IN MARCH 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.