Women's Business Development Council
Women's Business Development Council reported $8.2 million in revenue and $7.8 million in expenses for calendar year 2025. Of every $100 it spent, $84.43 went to program services, $10.50 to management and general costs and $5.07 to fundraising. Its largest source of revenue was contributions and grants: 94.2% of the total. Government grants made up 77.3%. The highest compensation it reported for one person was $371,850 (CHIEF EXECUTIVE OFFICER). 5 people received more than $100,000 in reportable compensation. Revenue rose 332% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $7.8MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $8.2MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 94.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 77.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $371,850 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.78% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 5 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 21 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseThe mission of the women's Business Development Council (wbdc) is to strengthen and support economic success for women through entrepreneurial services that launch and grow businesses across connecticut. Wbdc serves clients from connecticut's 169 cities and towns from its four regional offices across the state: new haven, stamford, waterbury and new london. Since 1997 wbdc has been providing the training necessary to guide aspiring, emerging, and established entrepreneurs along their growth journey. Services offered include the following:educational opportunities: 1:1 business advising…
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $344,167 | $0 | $27,683 | $371,850 |
| CHIEF OPERATING OFFICER Highest compensated employee, 40.00 hrs/week | $233,671 | $0 | $23,910 | $257,581 |
| CHIEF FINANCIAL AND PEOPLE Officer, 40.00 hrs/week | $233,976 | $0 | $6,623 | $240,599 |
| FINANCE DIRECTOR Highest compensated employee, 40.00 hrs/week | $100,528 | $0 | $11,068 | $111,596 |
| SENIOR DIRECTOR OF PROGRAMS Highest compensated employee, 40.00 hrs/week | $109,181 | $0 | $1,354 | $110,535 |
| DIRECTOR OF MARKETING AND Highest compensated employee, 40.00 hrs/week | $103,893 | $0 | $3,858 | $107,751 |
5 people received more than $100,000 in reportable compensation from Women's Business Development Council (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 539
- Volunteers Part I, line 6158
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
17 private foundations reported grants to Women's Business Development Council totaling $733K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Women's Business Development Council's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Women's Business Development Council, you can publish a response that is linked from this page.
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Of every $100 Women's Business Development Council spent in 2025, $84.43 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Women's Business Development Council's spending goes to programs?
In calendar year 2025, Women's Business Development Council reported that 84.4% of its $7.8 million in expenses went to program services, 10.5% to management and general and 5.1% to fundraising (Form 990, Part IX).
How much does Women's Business Development Council pay its top executive?
The largest total compensation Women's Business Development Council reported for one person in calendar year 2025 was $371,850, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Women's Business Development Council get its money?
Of $8.2 million in revenue in calendar year 2025, 94.2% came from contributions and grants (including 77.3% from government grants) and 0.5% from program service revenue (Form 990, Part VIII).
Is Women's Business Development Council a registered charity?
The IRS lists EIN 06-1493737 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202602259349300705 · read the filing
- 2024: Form 990 for calendar year 2024, object 202523109349300337 · read the filing
- 2023: Form 990 for calendar year 2023, object 202422679349301302 · read the filing
- 2022: Form 990 for calendar year 2022, object 202301789349301415 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212029349301101 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113159349306061 · read the filing
- 2019: Form 990 for calendar year 2019, object 202001849349300915 · read the filing
All filings for EIN 06-1493737: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.