2025-04-16T14:55:40-05:00 2024-06-30 994260840 DOEREN MAYHEW 305 WEST BIG BEAVER ROAD TROY MI 48084 990 2023-07-01 382571135 GREAT LAKES WOMEN'S BUSINESS COUNCIL GREA 7346771400 33109 SCHOOLCRAFT ROAD LIVONIA MI 48150 MICHELLE RICHARDS EXECUTIVE DIRECTOR 7346771400 2025-04-16 1 0 MEGAN MCCANDLISH CPA P02452420 2482443000 2025-04-11 2023 2025-03-06 01:10:19Z MICHELLE RICHARDS 33109 SCHOOLCRAFT LIVONIA MI 48150 3175104 0 X WWW.GREATLAKESWBC.ORG X 1984 MI ASSIST WOMEN AND MINORITIES WITH BUSINESS DEVELOPMENT. 15 15 22 45 0 0 3009952 2229574 1076422 939471 3731 6059 0 0 4090105 3175104 99500 19600 0 0 1984185 1866775 0 0 71144 1387401 1767762 3471086 3654137 619019 -479033 5378056 5083480 2396971 2774253 2981085 2309227 X GREAT LAKES WOMEN'S BUSINESS COUNCIL IS COMMITTED TO EMPOWERING WOMEN AND MINORITIES ECONOMICALLY THROUGH BUSINESS DEVELOPMENT TRAINING, VENDOR CERTIFICATION, BUSINESS-TO-BUSINESS NETWORKING AND ACCESS TO CAPITAL ASSISTANCE PROGRAMS. WE PROVIDE EFFECTIVE BUSINESS TOOLS AND REMOVE BARRIERS THAT HINDER DEVELOPMENT OF SUCCESSFUL, SUSTAINABLE BUSINESSES. OUR WORK STRENGTHENS THE COMMUNITY BY BUILDING PARTNERSHIPS AND LEVERAGING RESOURCES THAT INCREASE BUSINESS GROWTH OPPORTUNITIES. 0 0 922676 19600 130721 LOAN PROGRAM - PROVIDE SMALL BUSINESS LOANS TO START-UP AND EXISTING BUSINESS OWNERS IN SOUTHEASTERN MICHIGAN. PROGRAM ADDRESSES NEEDS OF LOW-INCOME, MINORITY AND WOMEN BUSINESS OWNERS. LOAN PORTFOLIO IS FUNDED PRIMARILY BY SBA AND LOCAL GOVERNMENT. 1247461 804725 WOMEN'S BUSINESS ENTERPRISE CERTIFICATION - PROVIDES CERTIFICATION PROGRAM FOR WOMEN OWNED BUSINESSES, INCLUDING TECHNICAL ASSISTANCE, COUNSELING AND RECOGNITION OF BUSINESS ACHIEVEMENTS. 694195 4025 BUSINESS DEVELOPMENT INITIATIVES - PROVIDE COMPREHENSIVE TRAINING, TECHNICAL ASSISTANCE AND PEER GROUP COUNSELING FOR WOMEN, LOAN RECIPIENTS, AND OTHER INDIVIDUALS WHO DESIRE TO START A SMALL BUSINESS. 126637 MEMBERSHIPS 126637 2990969 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 32 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 MI X MICHELLE RICHARDS 7346771400 33109 SCHOOLCRAFT AVE LIVONIA MI 48150 ALFRED A PATRICK DIRECTOR 2.00 X 0 0 0 ANNE ARISTEO MARTINELLI TREASURER 4.00 X X 0 0 0 APRIL DIEZ DIRECTOR 2.00 X 0 0 0 COURTNEY STEWARD SECRETARY 4.00 X X 0 0 0 DENISE BOOMS-PEPIN DIRECTOR 2.00 X 0 0 0 LISA HARDIN PRESIDENT 4.00 X X 0 0 0 LYNN PERENIC DIRECTOR 2.00 X 0 0 0 ROSHUNDA PRICE VICE PRESIDENT 4.00 X X 0 0 0 STEPHANIE OSTERLAND DIRECTOR 2.00 X 0 0 0 TAMARA HICKS DIRECTOR 2.00 X 0 0 0 SHERRY DICCION DIRECTOR 2.00 X 0 0 0 MARCIA HUNTER DIRECTOR 2.00 X 0 0 0 ANAND KUMAR DIRECTOR 2.00 X 0 0 0 BRE MILLS DIRECTOR 2.00 X 0 0 0 DENICE OLSON DIRECTOR 2.00 X 0 0 0 MICHELLE RICHARDS EXECUTIVE DIRECTOR 50.00 X 214784 0 49753 LE'CATHY MCGHEE SR. DIRECTOR OF MEMBERSHIP 40.00 X 108167 0 0 322951 0 49753 2 0 1 0 0 184159 983543 1061872 2229574 WOMENS BUS. CERTIFICAT 900099 744250 744250 LOAN PORTFOLIO INTERES 900099 120295 120295 WORKSHOPS & BUS. DEV C 900099 64500 64500 LOAN PROCESSING AND PR 900099 10426 10426 939471 6059 6059 3175104 939471 0 6059 X 19600 19600 276461 142862 70200 63399 1447669 1351796 95873 11213 11213 131432 116009 11487 3936 33278 30937 2341 130719 130719 379898 351895 28003 36975 4093 32882 113500 74144 39356 115620 89805 25815 62696 56926 5669 101 184047 182604 1443 25787 25787 27098 23715 3383 177126 142707 30775 3644 PROVISION FOR CREDIT LO 328528 328528 CREDIT CARD FEES 50865 50865 DUES AND SUBSCRIPTIONS 49640 39577 10063 CONSUMABLE SUPPLIES 46340 22401 23875 64 5645 2157 3488 3654137 2990969 592024 71144 241586 313411 2487420 2165528 291101 442905 1722223 1660270 39218 52249 223426 149305 101218 74121 104968 89590 390322 285406 5378056 5083480 245514 155469 35000 174083 1551310 1791864 565147 652837 2396971 2774253 X 2104325 1355316 876760 953911 2981085 2309227 5378056 5083480 X -479033 12166 -110625 -94366 X X 0 1 X 1 1 1 X 1844359 1642621 1882744 3009952 2229574 10609250 1844359 1642621 1882744 3009952 2229574 10609250 576470 10032780 3731 6059 9790 10619040 835827 0.94480 0.90950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52692 44297 8395 170734 105008 65726 74121 SECURITY DEPOSITS 5905 RIGHT-OF-USE ASSETS - OPERATING LEASES 279501 285406 TOP HAT PLAN LIABILITY 89590 CONTRACT LIABILITY 267033 LEASE LIABILITIES - OPERATING 296214 652837 X 3187270 12166 12166 3175104 0 3175104 3654137 0 3654137 0 3654137 PART X, LINE 2: THE GREAT LAKES WOMEN'S BUSINESS COUNCIL (G.L.W.B.C.) OR (THE ORGANIZATION") IS A NON-PROFIT MICHIGAN CORPORATION RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE G.L.W.B.C. (A NONPROFIT ORGANIZATION) IS ORGANIZED FOR THE PURPOSE OF EMPOWERING WOMEN AND MINORITIES ECONOMICALLY THROUGH BUSINESS DEVELOPMENT TRAINING, VENDOR CERTIFICATION, BUSINESS-TO-BUSINESS NETWORKING, PROVIDING ACCESS TO CAPITAL ASSISTANCE, AND REMOVING BARRIERS THAT HINDER THE DEVELOPMENT OF SUSTAINABLE BUSINESSES THROUGHOUT MICHIGAN. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION'S OPEN TAX YEARS ARE 2020 - 2023. 1 PART I, LINE 2: PRIZE WINNING RECIPIENTS MUST ATTEND A COUNSELING SESSION TO OBTAIN THE SECOND HALF OF THE FUNDS WON. X X 0 1 0 0 0 0 0 1 0 MICHELLE RICHARDS EXECUTIVE DIRECTOR 197292 0 16700 0 792 0 37221 0 12532 0 264537 0 0 0 PART I, LINE 7 REIMBURSEMENT OF EXPENSES WITH SUBSTANTIATION OF EXPENSES; HRA PAYMENTS. FORM 990, PART VI, SECTION A, LINE 6 THE COUNCIL WAS ORGANIZED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP HOLDS AN ANNUAL ELECTION OF THE DIRECTORS AND OFFICERS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS OPERATES WITHIN THE GUIDELINES OF THE ORGANIZATIONS BYLAWS. CHANGES TO THE BYLAWS ARE APPROVED BY MEMBERSHIP VOTE. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY EXECUTIVE DIRECTOR AND THEN PROVIDED TO EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST FORM IS REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS AND A NEW FORM IS SIGNED. FORM 990, PART VI, SECTION B, LINE 15 THE MICHIGAN NON PROFIT ANNUAL SALARY REPORT IS USED BY THE BOARD OF DIRECTOR'S TO DETERMINE THE EXECUTIVE DIRECTOR'S SALARY, ALONG WITH COMPARABLE REVIEW OF OTHER WOMEN'S BUSINESS CENTERS EXECUTIVE DIRECTOR'S SALARIES. THE EXECUTIVE DIRECTOR UTILIZES SIMILAR RESOURCES FOR DETERMINING STAFF SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR INSPECTION UPON REQUEST AT THE ORGANIZATION'S MAIN OFFICES. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 351,895. MANAGEMENT AND GENERAL EXPENSES 28,003. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 379,898. FORM 990, PART XI, LINE 9: ADOPTION OF 326 -94,366. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS FOR THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.