Public Charity

WISCONSIN WOMEN'S BUSINESS INITIATIVE CORPORATION

WISCONSIN WOMEN'S BUSINESS INITIATIVE CORPORATION is a nonprofit organization categorized as Public Charity based in MILWAUKEE, WI. Its most recent IRS filing (2024) reports revenue of $8.9M, expenses of $14.0M, total assets of $40.5M. Imperigo tracks 69 reported grant relationships connected to this organization totaling approximately $2.7M.

EIN: 391597954 MILWAUKEE, WI Latest filing: 2024
Total Revenue$8.9M
Total Expenses$14.0M
Total Assets$40.5M
Grant Records69
Funding Total$2.7M
Filing Years2020–2024

Mission

WWBIC OPENS THE DOORS OF OPPORTUNITY BY PROVIDING ANY INDIVIDUALS WHO ARE INTERESTED IN STARTING, STRENGTHENING, OR EXPANDING BUSINESSES WITH ACCESS TO RESOURCES SUCH AS FINANCIAL PRODUCTS AND QUALITY BUSINESS AND PERSONAL FINANCIAL TRAINING.

Where $100 goes at Wisconsin Women's Business Initiative Corporation

How Wisconsin Women's Business Initiative Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$69 Programs the work itself
$29 Management running the organization
$2 Fundraising raising the next dollar

Inside the $69 for programs

$54
In fy 2024, wwbic closed on 64 loans totaling $ 7,051,978 dollars in small business and microloan products
79% of program spending · Reported in the filing: 64 loans
$12
In fy 2024, wwbic provided 29,636 counseling and training hours to 4,599 entrepreneurs and potential entrepreneurs
18% of program spending · Reported in the filing: 29,636 hours; 4,599 entrepreneurs; 383 veterans
$3
During fy 2024, wwbic administered a diverse business investment grant.Wwbic also administered a fiscal sponsorship project which surveys businesses and entrepreneurial support organizations (esos)
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
ENTREPRENEUR TRAINING / TECH ASST - RACINE COUNTY
$33,000
2024
OPERATING GRANT
$250,000
2024
CONTINUED GROWTH OF KIVA IN SC WI COUNTIES. TRAIN MICROENTERPRISES, COMMUNITY OUTREACH AND KIVA LOANS. FORGAVE LOANS ISSUED TO SUPPORT LOAN LOSS RESERVE
$64,760
2024
TRAINING & TECH ASST FOR RACINE COUNTY ENTREPRENEURS
$40,000
2024
GENERAL OPERATING SUPPORT
$25,000

Showing up to 5 of 69 total records — full history available with membership.

Officers & Directors

VP DEVELOPMENT AND COMMUNITY Christina Knudsen
REGIONAL DIRECTOR- SE Heather Lux
SECRETARY John M Stewart
CHAIRPERSON Johny L Moutry Jr
VP BUSINESS AND FINANCE Jon Gaines
DIRECTOR Karin Gale

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,384,255 28 grants
Economic Development
$735,129 26 grants
Education
$130,000 4 grants
Fundraising & Sponsorship
$52,000 2 grants
Youth Development
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8.9M $14.0M $40.5M
2023 $15.6M $13.4M $45.8M
2022 $9.6M $9.4M $45.6M
2021 $10.6M $9.3M $42.0M
2020 $11.6M $9.7M $37.3M

Between 2020 and 2024, reported annual revenue declined from $11.6M to $8.9M (-23%), with total assets most recently reported at $40.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WISCONSIN WOMEN'S BUSINESS INITIATIVE CORPORATION

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