Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1982.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
71 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
21 people listed on the 990; $764K paid to officers and key staff.
Marsha Bailey’s $182K as CEO Emeritus is at the 64th percentile of top reported officer pay among 731 $1–10M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Kathy Odell | $156,020 | $174,238 | $182,319 | $174,764 | $180,646 |
| Marsha Bailey | $182,308 | — | — | — | $174,303 |
| Nicola Parr | $147,089 | $134,849 | $115,339 | — | — |
| Devon Johnson | $108,923 | $105,346 | — | — | — |
| Marni Brook | — | $105,581 | $105,923 | $106,515 | $106,674 |
| Barbara Macnaughton | — | $105,720 | $102,858 | $100,990 | $101,177 |
| Amy Rowe | — | — | $103,274 | — | — |
| Deborah Rivas | — | $92,000 | $100,991 | $87,000 | $100,205 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Womens Economic Ventures executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers women economically to build a more equitable society.
Questions for Womens Economic Ventures
Your first name shows with your question. Womens Economic Ventures answers here, for everyone.
Women's economic ventures (wev) provides small business loans, business training, and technical assistance to help primarily low-income women start or expand a small business. Wev is a community development financial institution (cdfi) and provides micro enterprise loans of up to $25,000 to startups and business expansion loans of up to…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
The auditor reported no findings.
The auditor reported no findings.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|
| End of yearLn 1g | $3.1M | $2.7M | $345K | $331K | $265K |
| Given inLn 1b | $40K | $2.0M | $40K | $30K | $5K |
| SpentLn 1d–1f | $2K | $2K | $1K |
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.6M | $2.0M |
| InvestmentsLn 11–13 | $2.7M | $3.0M |
| Land, buildings, equipmentLn 10c | $1K | $0 |
| Total assetsLn 16 | $5.6M | $6.6M |
| LiabilitiesLn 26 | $1.4M | $2.0M |
| Net assetsLn 32 | $4.2M | $4.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $283K | $127K | $128K | $27K |
| Other salaries and wagesLn 7 | $1.9M | $1.5M | $272K | $187K |
| Pension plan contributionsLn 8 | $47K | $39K | $4K | $4K |
| Other employee benefitsLn 9 | $97K | $88K | $9K | |
| Payroll taxesLn 10 | $154K | $117K | $22K | $15K |
| Legal feesLn 11b | $6K | $6K | ||
| Accounting feesLn 11c | $15K | $15K | ||
| Investment management feesLn 11f | $26K | $26K | ||
| Other fees for servicesLn 11g | $123K | $41K | $80K | $2K |
| OccupancyLn 16 | $91K | $82K | $5K | $4K |
| Conferences, conventions and meetingsLn 19 | $4K | $2K | $2K | $35 |
| InterestLn 20 | $16K | $16K | ||
| Depreciation, depletion and amortizationLn 22 | $1K | $1K | $67 | $67 |
| InsuranceLn 23 | $26K | $12K | $13K | $2K |
| Other expenses (24a–d)Ln 24 | $227K | $157K | $19K | $51K |
| Total functional expensesLn 25 | $3.0M | $2.2M | $585K | $302K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 14, 2025 | $4.2M | $3.8M | $366K | $2.6M | 990 PDF |
| FY2023Filed with the IRS Oct 8, 2024 | $4.2M | $4.5M | −$262K | $3.1M | 990 PDF |
| FY2022Filed with the IRS Sep 19, 2023 | $3.1M | $4.2M | −$1.1M | $3.0M | 990 PDF |
| FY2021Filed with the IRS Nov 8, 2022 | $3.2M | $3.2M | −$58K | $4.7M | 990 PDF |
| FY2020 ViewingFiled with the IRS Nov 4, 2021 | $3.2M | $3.0M | $114K | $4.7M | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $3,163,651 revenue, 12 lines filed
Part VI · Governance 15 of 15 board members independent, no flags
Part VIII · Statement of revenue $3,163,651 across 7 lines filed
Part IX · Statement of functional expenses $3,049,938 across 15 lines filed
Part X · Balance sheet $6,648,216 assets, 16 lines filed
Part XI · Reconciliation of net assets $4,659,595 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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