Direct Women
- Assets
- $2.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- La Grange, IL
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-3461885
Organization Overview
Direct Women, operating under the name Directwomen, is located in La Grange, IL. The organization was established in 2019. As of 12/2023, Directwomen employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Directwomen 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, Directwomen generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $863.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DIRECTWOMEN IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO INCREASE THE REPRESENTATION OF WOMEN LAWYERS ON CORPORATE BOARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, DIRECT WOMEN PRODUCED A SERIES OF WEBINARS FOR WOMEN LAWYERS TO INSPIRE AN INTEREST IN CORPORATE BOARD SERVICE. THE ORGANIZATION HELD THE BOARD INSTITUTE, ITS FLAGSHIP PROGRAM, IN OCTOBER. EACH YEAR, DIRECTWOMEN IDENTIFIES A SMALL GROUP OF LEADING WOMEN LAWYERS TO PARTICIPATE IN THE BOARD INSTITUTE BASED ON AN ASSESSMENT OF THEIR ABILITY TO PROVIDE THE EXPERIENCE, INDEPENDENCE, AND BUSINESS JUDGMENT REQUIRED FOR BOARD EFFECTIVENESS. THE BOARD INSTITUTE PROVIDES WORKING SESSIONS DESIGNED TO HELP PARTICIPANTS DEVELOP THEIR VALUE PROPOSITION AND PERSONAL BOARD-SEARCH STRATEGIES. THE ORGANIZATION ALSO RAN PROGRAMS AND VIRTUAL NETWORKING EVENTS FOR THE BOARD INSTITUTE ALUMNAE TO ASSIST THEM WITH THEIR BOARD SEARCH. FIFTEEN DIRECTWOMEN BOARD INSTITUTE ALUMNAE WERE ELECTED TO SIXTEEN BOARD SEATS IN 2023. SINCE ITS INCEPTION, DIRECTWOMEN ALUMNAE HAVE SERVED ON 198 CORPORATE BOARDS. DIRECT WOMEN ALSO HOSTED THE 2023 SANDRA DAY O'CONNOR BOARD EXCELLENCE AWARD LUNCHEON TO RAISE AWARENESS OF THE IMPORTANCE OF BOARD DIVERSITY AND TO SHOWCASE SUCCESSFUL WOMEN LAWYER-DIRECTORS. OVER 400 CEOS, CORPORATE DIRECTORS, LAW FIRM LEADERS, AND OTHER SUPPORTERS ATTENDED THE EVENT. DIRECTWOMEN HOSTED ITS FIRST-EVER INTERNATIONAL BOARDS PROGRAM IN LONDON, ENGLAND IN JUNE 2023. 120 PARTICIPANTS ATTENDED THE EVENT WHICH FEATURED WOMEN LAWYER DIRECTORS WHO SERVE ON INTERNATIONAL BOARDS AND SEARCH FIRM EXECUTIVES WHO PLACE PLACE DIRECTORS ON BOARDS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Taylor Kaminski Executive Director | Officer | 50 | $143,156 |
Catharine Arrowood Chair | OfficerTrustee | 10 | $0 |
Lily Yan Hughes Vice Chair | OfficerTrustee | 2 | $0 |
Mark Gentile Treasurer | OfficerTrustee | 2 | $0 |
Michelle Banks Director | Trustee | 2 | $0 |
Sarah Dodds-Brown Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $757,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $757,687 |
| Total Program Service Revenue | $250,800 |
| Investment income | $55,944 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,067,160 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $178,860 |
| Compensation of current officers, directors, key employees. | $63,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,366 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,704 |
| Payroll taxes | $22,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $183,134 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $13,708 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $218,164 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $551 |
| Insurance | $3,331 |
| All other expenses | $9,173 |
| Total functional expenses | $862,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,234,089 |
| Savings and temporary cash investments | $1,035,802 |
| Pledges and grants receivable | $15,960 |
| 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 | $31,829 |
| Net Land, buildings, and equipment | $2,204 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,319,884 |
| Accounts payable and accrued expenses | $19,036 |
| Grants payable | $0 |
| Deferred revenue | $21,000 |
| 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 | $40,036 |
| Net assets without donor restrictions | $2,279,848 |
| 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 | $2,319,884 |