Overview
What is South Bay Workforce Investment Board Inc?
South Bay Workforce Investment Board Inc, located in Hawthorne, California, is a significant nonprofit organization employing over 2,900 individuals. Their mission is threefold: acting as a fiscal agent and administrative entity for local, state, and federal workforce development funds; developing and coordinating various workforce investment activities; and implementing a training provider Quality Control process for employers or individuals buying training services. In their capacity as an intermediary contractor, they hire eligible participants for subsidized employment at public, non-profit, and private for-profit agencies across Los Angeles County, providing a monetary incentive for participants to work in real-world environments. Through this program, individuals gain new skills, confidence, self-esteem, and good work habits, ultimately helping them prepare for full-time, unsubsidized employment and self-sufficiency.
Official website here: www.sbwib.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The South Bay Workforce Investment Board Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 96% in its Accountability & Finance category, indicating prudent management of resources and transparency in operations. This rating is based on various metrics that suggest high standards in financial oversight and governance.
Strengths noted include an independent board with 87% of its members being independent, which enhances decision-making and minimizes conflicts of interest. The organization also has robust financial policies in place, including a conflict of interest policy and a whistleblower policy, contributing to a culture of accountability. The high program expense ratio of 92.34% signifies that a significant portion of resources directly supports its programs.
While the data highlights many strengths, it does not indicate any limitations or areas for improvement. Overall, the South Bay Workforce Investment Board Inc demonstrates effective governance and strong financial health, positioning it as a reliable nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about South Bay Workforce Investment Board Inc?
Although the South Bay Workforce Investment Board Inc has not yet accumulated a significant number of reviews, the existing feedback offers some insight. One reviewer expressed frustration regarding the organization’s employee management, suggesting that the dismissal of a dedicated staff member undermines the nonprofit's mission of supporting the community and improving local employment rates.
This sentiment indicates that not all users are pleased with the organization’s practices, particularly in relation to how they value their employees. While the board's initiatives to integrate technology into career services are recognized as positive, concerns about their commitment to staff morale and job creation efforts are evident from this review.
Overall, there appears to be a divide between the organization’s innovative strategies and the perceptions of its internal operations. As it stands, potential supporters may want to consider both the positive aspects of the organization's mission and the criticisms raised regarding its employee policies.
This AI summary has been generated from reviews found on Facebook.
Is South Bay Workforce Investment Board Inc legitimate?
South Bay Workforce Investment Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Bay Workforce Investment Board Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $308,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,539,921
For more financial information, click here
Official website here: www.sbwib.org
What is the mission statement of South Bay Workforce Investment Board Inc?
The South Bay Workforce Investment Board Inc plays a pivotal role in facilitating and coordinating a strategic workforce investment system within a specific region. Their mission encompasses several key areas. Firstly, they oversee the implementation and maintenance of a training provider Quality Control process, benefiting both employers and individuals seeking to purchase training services. In addition, they serve as a fiscal agent and administrative entity for local, state, and federal workforce development funds. The board assumes all roles outlined in the Workforce Investment Act of 1998 and other related laws as a fiscal agent and administrative entity. Lastly, they manage and coordinate various other workforce investment activities to support the overall development and growth of the workforce within their jurisdiction.
Official website here: www.sbwib.org
Who is the CEO of South Bay Workforce Investment Board Inc?
Jan Vogel is the Cfo of South Bay Workforce Investment Board Inc. The CEO's salary of South Bay Workforce Investment Board Inc is $114,010 and their total compensation is $133,510.
Official website here: www.sbwib.org
What is the revenue of South Bay Workforce Investment Board Inc?
South Bay Workforce Investment Board Inc's revenue in 2022 was $36,083,167.
Official website here: www.sbwib.org
Who are the executives of South Bay Workforce Investment Board Inc and what are their salaries?
The average compensation at South Bay Workforce Investment Board Inc during 2022 was $2,702. There are 2905 employees at South Bay Workforce Investment Board Inc.
Here are 13 key members and their salaries (South Bay Workforce Investment Board Inc's CEO's salary is $114,010 and their total compensation is $133,510):
- Compensation: $145,917
- Related: $0
- Other: $29,183
- Compensation: $143,619
- Related: $0
- Other: $28,200
- Compensation: $137,478
- Related: $0
- Other: $10,504
- Compensation: $114,010
- Related: $0
- Other: $19,500
- Compensation: $126,343
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sbwib.org
Where can I find the form 990 for South Bay Workforce Investment Board Inc?
South Bay Workforce Investment Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sbwib.org
Learn more at the official website: www.sbwib.org
Mission Statement of South Bay Workforce Investment Board Inc
The South Bay Workforce Investment Board Inc is a dedicated organization that plays a pivotal role in facilitating and coordinating a strategic workforce investment system within the specified area. With a mission to develop, implement, and maintain a training provider Quality Control process for employers and individuals purchasing training services, South Bay Workforce Investment Board Inc serves as a vital link in the workforce development ecosystem.
Acting as a fiscal agent and administrative entity for local, state, and federal workforce development funds, South Bay Workforce Investment Board Inc is entrusted with managing and allocating resources effectively. Fulfilling all administrative and fiscal roles as outlined in the Workforce Investment Act of 1998 and related laws, the organization ensures the efficient use of workforce development funds to benefit the community.
Moreover, South Bay Workforce Investment Board Inc is responsible for developing, administering, and coordinating various workforce investment activities. By taking on these responsibilities, the organization contributes significantly to the development and implementation of workforce programs designed to enhance the skills and employability of individuals within the community.
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Impact
August, 2024
South Bay Workforce Investment Board Inc has a significant impact on the community by facilitating and coordinating a strategic workforce investment system within the South Bay area. It plays a vital role in developing, administering, and coordinating workforce investment activities outlined in the Workforce Investment Act of 1998 and other related laws. Through programs such as DHHS/DPSS - SINGLE ALLOCATION GAIN, STEP, WORKSTUDY, DCFS, GROW, DCFS PROBATION, and YOUTH JOBS, the organization acts as an intermediary contractor, providing participants with monetary incentives to work at various agencies across LA County.
By serving as the employer of record for these programs, South Bay Workforce Investment Board Inc helps participants gain new skills, confidence, and self-esteem, while also developing good work habits and establishing a recent work history. These quality transitional subsidized employment opportunities prepare participants for full-time, unsubsidized employment, and ultimately help them become self-sufficient. The organization's dedication to promoting responsibility, dependability, and a strong work ethic contributes to the overall economic development and prosperity of the community.
This information is meant to be a general summary of South Bay Workforce Investment Board Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$74,460
- Program Service Revenue: $33,030,297
- Gross Receipts: $36,315,677
Assets and Liabilities:
- Total Assets: $7,623,488
- Total Liabilities: $1,963,371
- Net Assets: $5,660,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACTS
Revenue
$33,030,297
Organization Details
Founding Year
2000
Phone
(310) 970-7700Principal Officer
Jan Vogel
Main Address
11539 Hawthorne Boulevard APT 500, Hawthorne, CA, 902502325
Website
www.sbwib.orgNTEE Category
Code: B90 - Education
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