Overview
What is Northeast Employment & Training Org Inc?
Northeast Employment & Training Org Inc, a Vermont-based nonprofit, is dedicated to enhancing the safety and energy efficiency of homes and apartments. Through grant and program funds from various sources, such as state authorities, federal agencies, local organizations, and clients, they administer weatherization programs and educational training. The organization's mission is twofold: to provide safe, energy-efficient living spaces and offer job training opportunities to eligible individuals. With 37 employees, they strive to contribute positively to the community by promoting energy efficiency and job growth.
Official website here: www.vtneto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 92% - Four-Star out of Four Star Rating
Northeast Employment & Training Org Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 92%, this organization showcases a robust commitment to transparency and responsible financial management, which is critical for building trust with donors and stakeholders.
The nonprofit excels in several key areas, including having a fully independent board and a high program expense ratio of 91.56%, indicating that a significant portion of its resources is allocated towards its mission-driven services. Furthermore, it has no reported material diversion of assets and has implemented sound policies for governance, such as conflict of interest and document retention, which contribute to its strong accountability framework.
However, the organization does have a limitation, as it lacks a whistleblower policy, which could be an area for improvement to further enhance its governance practices. Overall, Northeast Employment & Training Org Inc demonstrates a solid operational foundation and a commitment to effectively serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Employment & Training Org Inc legitimate?
Northeast Employment & Training Org Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Employment & Training Org 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: $48,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,882,567
For more financial information, click here
Official website here: www.vtneto.org
What is the mission statement of Northeast Employment & Training Org Inc?
Northeast Employment & Training Org Inc, as a not-for-profit organization, aims to achieve two primary objectives. Firstly, it administers various programs, including weatherization and educational training, using funds from state, federal agencies, local organizations, and clients. Secondly, its mission is to provide safe and energy-efficient living spaces, alongside offering job training opportunities to eligible individuals. This dual focus empowers individuals and promotes energy efficiency in living spaces.
Official website here: www.vtneto.org
What is the revenue of Northeast Employment & Training Org Inc?
Northeast Employment & Training Org Inc's revenue in 2024 was $5,451,578.
Official website here: www.vtneto.org
Who are the executives of Northeast Employment & Training Org Inc and what are their salaries?
The average compensation at Northeast Employment & Training Org Inc during 2024 was $44,901. There are 43 employees and 7 volunteers at Northeast Employment & Training Org Inc.
Here are 9 key members and their salaries:
- Compensation: $56,027
- Related: $0
- Other: $9,266
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- 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.vtneto.org
Where can I find the form 990 for Northeast Employment & Training Org Inc?
Northeast Employment & Training Org Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.vtneto.org
Learn more at the official website: www.vtneto.org
Mission Statement of Northeast Employment & Training Org Inc
Northeast Employment & Training Org Inc, a Vermont-based non-profit organization, is dedicated to accomplishing two primary objectives. Firstly, it aims to enhance the living spaces within homes and apartments, ensuring they are safe and energy-efficient. This is achieved through the implementation of weatherization programs. Secondly, the organization offers job training opportunities to eligible individuals. By administering grant and program funds from various sources, including the state of Vermont, federal agencies, local organizations, and clients, Northeast Employment & Training Org Inc strives to improve both home safety and employment prospects for its target population.
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Impact
July, 2024
Northeast Employment & Training Org Inc's impact lies in its ability to provide safe and energy-efficient living spaces through its weatherization programs. Additionally, the organization offers job training to eligible individuals, contributing to the economic empowerment of the community. This dual focus on ensuring comfortable and sustainable housing while also equipping individuals with valuable skills demonstrates the organization's commitment to making a tangible difference in the lives of those it serves.
This information is meant to be a general summary of Northeast Employment & Training Org 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 2024.
- Investment Income: $3,923
- Program Service Revenue: $4,957
- Gross Receipts: $5,489,308
Assets and Liabilities:
- Total Assets: $1,276,971
- Total Liabilities: $230,767
- Net Assets: $1,046,204
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WEATHERIZATION SERVICE
Revenue
$4,957
Organization Details
Founding Year
1979
Principal Officer
Wendy Mcgillivray
Website
www.vtneto.orgNTEE Category
Code: P200 - Human services
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