Women In Cable Telecommunications
- Assets
- $2.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/2010
- Data as of
- 12/2023
- EIN
- 36-3539302
Organization Overview
Women In Cable Telecommunications is located in Washington, DC. The organization was established in 2010. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Women In Cable Telecommunications 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 12/2023, Women In Cable Telecommunications generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Women In Cable Telecommunications has awarded 18 individual grants totaling $380,032. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WICT NETWORK CHAPTERS DEVELOP WOMEN LEADERS WHO TRANSFORM OUR INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER MEETINGS AND EVENTS
ALL OTHER PROGRAMS
GRANTS, SCHOLARSHIPS, AND AWARDS.
MENTORING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Monk President - Carolinas | OfficerTrustee | 8 | $0 |
Morgan Jessup Vice President - Carolinas | OfficerTrustee | 8 | $0 |
Kelly Ann Reed Miller Secretary - Carolinas | OfficerTrustee | 8 | $0 |
Olga Kourdova Treasurer - Carolinas | OfficerTrustee | 8 | $0 |
Christine Rodocker Immediate Past President - Carolinas | OfficerTrustee | 4 | $0 |
Sherri Melsha Assistant To The Treasurer - Carolinas | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,569 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $252,964 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,533 |
| Total Program Service Revenue | $812,422 |
| Investment income | $13,125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$44,233 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,122,116 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,878 |
| Grants and other assistance to domestic individuals. | $95,397 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,645 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,407 |
| Advertising and promotion | $55,173 |
| Office expenses | $27,653 |
| Information technology | $19,799 |
| Royalties | $0 |
| Occupancy | $12,826 |
| Travel | $12,838 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $970,441 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,259,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,640,568 |
| Savings and temporary cash investments | $457,999 |
| 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 | $264,192 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,362,759 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,362,759 |
| 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 | $2,362,759 |
Grants Awarded
Over the last fiscal year, Women In Cable Telecommunications has awarded $13,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GIRLS INC OF GREATER PHILADELPHIA PURPOSE: PROGRAM SUPPORT | $8,000 |
WOMEN IN CABLE TELECOMMUNICATIONS PURPOSE: LDRSHIP & EDUC. FUND; PAY EQUITY, ADVANCEMENT OPPS, & RESOURCES FOR WORK/LIFE INTEGRATION INITIATIVE | $5,750 |