Women Networking In Electronic Transactions
- Assets
- $367.5k
- Revenue
- $726.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Kent, OH
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 20-4028364
Organization Overview
Women Networking In Electronic Transactions is located in Kent, OH. The organization was established in 2006. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. As of 12/2021, Women Networking In Electronic Transactions employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Women Networking In Electronic Transactions is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Women Networking In Electronic Transactions generated $726.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $755.4k during the year ending 12/2021. While expenses have increased by 12.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WNET INSPIRES AND EMPOWERS WOMEN IN THE ELECTRONIC TRANSACTIONS INDUSTRY TO MAXIMIZE THEIR INDIVIDUAL POTENTIAL AND POSITION THEMSELVES FOR GREATER PERSONAL SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL & LEADERSHIP DEVELOPMENT, NETWORKING OPPORTUNITIES, MENTORING AND PEER SUPPORT THROUGH LOCAL INTEREST NETWORKING CIRCLES (LINC) AND CAREER LEADERSHIP SUMMIT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Holliday CEO | Officer | 40 | $163,343 |
Kelly Tufts Treasurer | OfficerTrustee | 1 | $0 |
Mary Uslander President | OfficerTrustee | 1 | $0 |
Kelly Beatty Secretary | OfficerTrustee | 1 | $0 |
Joan Herbig Immediate Past President | OfficerTrustee | 1 | $0 |
Linda Perry Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,139 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,139 |
| Total Program Service Revenue | $646,887 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $726,016 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $163,343 |
| Compensation of current officers, directors, key employees. | $81,671 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,882 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,842 |
| Payroll taxes | $132,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,287 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,923 |
| Advertising and promotion | $18,280 |
| Office expenses | $7,360 |
| Information technology | $16,579 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141,070 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,813 |
| All other expenses | $998 |
| Total functional expenses | $755,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $347,458 |
| Savings and temporary cash investments | $20,002 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $367,460 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $57,000 |
| Total liabilities | $57,000 |
| Net assets without donor restrictions | $310,460 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $367,460 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Women Networking In Electronic Transactions has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
West Virginia Association Of Rehabilitation Facilities Inc Charleston, WV | $5,842,851 | $18,678,940 |
Rx-360 International Pharmaceutical Supply Chain Consortium Philadelphia, PA | $2,136,683 | $2,943,923 |
Indiana Banker Association Indianapolis, IN | $6,046,982 | $2,054,584 |
Nanog Inc Ann Arbor, MI | $4,912,031 | $1,386,161 |
American Society Of Employers Troy, MI | $3,805,134 | $2,471,357 |
Indiana Retired Teachers Association Indianapolis, IN | $2,923,970 | $978,467 |
Women Networking In Electronic Transactions Kent, OH | $367,460 | $726,016 |
Mechanical Industry Promotion Fund Of Kentucky Louisville, KY | $863,956 | $542,987 |
Silver Lake Sand Dunes-Hart Visitors Bureau Hart, MI | $350,290 | $336,785 |
Philadelphia Area Independent School Business Officers Associati Wayne, PA | $904,235 | $549,818 |
Cmnplmcc Inc Columbus, OH | $393,767 | $257,393 |
Ohio Workforce Association Springfield, OH | $135,217 | $0 |