Form 990, Part III, Line 4d: Other Program Services Description |
OTHER PROGRAM SERVICES 4: Connecting Opportunities: Buyers provide their executives and employees the opportunity to engage with women business owners locally or internationally and virtually or in person and matches the interests of the executives with the needs of the women-owned business. These events allow women business owners to practice and enhance their pitch, meet with buyers to learn about their supplier diversity and inclusion efforts, buying needs, criteria and processes to become suppliers and upcoming contract opportunities. OTHER PROGRAM SERVICES 5: Membership: WEConnect International provides member buyers with theglobal database and resources required to develop and leverage adiverse and inclusive global value chain. WEConnect Internationalmembers share similar values, looking to build sustainable communitiesthrough the education, empowerment and sourcing from women-ownedbusinesses. OTHER PROGRAM SERVICES 6: Certification: Our Seal of Certification is a formal guarantee tocorporations that they are purchasing goods and/or services from awomen-owned business that meets the universal standards for a women'sbusiness enterprises. The top criteria considered are ownership,management & control, contribution of capital & expertise, andindependence. Businesses that meet this criteria can alsoself-register with WEConnect International for free. OTHER PROGRAM SERVICES 7: Supplier Diversity and Inclusion Initiatives: Strengthen a buyer's internal support and understanding of the business case for global sourcing from women-owned businesses including supplier diversity and inclusion strategy development; best practices; and overall awareness and education on the importance of buying from women within the organization or the development, and/or tracking of commitments. |
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
The organization has members. |
Form 990, Part VI, Line 11b: Form 990 Review Process |
The form 990 is prepared by an independent accounting firm and reviewed internally by the COO and accounting manager. A final draft is sent to the Board's Audit & Finance comittee prior to the filing with the Internal Revenue Service. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
Members of the Board are required to read and sign a conflict of interest policy. Employes sign the employee handbook and conflict policy upon hire. |
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
The compensation determination process for top officials includes an annual review by the Executive Committee to determine the CEO's compensation. The compensation process for all other employees includes an annual review to determine compensation. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
Form 990, Part XII, Line 2: Change of Oversight or Selection Process |
THE ORGANIZATION'S EXECUTIVE COMMITTE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT, INCLUDING SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS IS CONSISTENT WITH PRIOR YEARS. |