Overview
What is Boston Private Industry Council Inc The?
Boston Private Industry Council Inc The, situated in Boston, Massachusetts, is a prominent nonprofit organization with a mission to bridge the gap between local youth and adults and opportunities in the mainstream workforce. They accomplish this by facilitating job placements and internships for public high school students, overseeing Boston's One Stop Career Centers, and providing related job training. Furthermore, they develop policy positions that contribute to the education sector. During the summer, the organization runs the Boston Summer Jobs Program, providing wages for internships and stipends for career development activities. They collaborate with community-based organizations to supervise students and offer work readiness training and career exploration. The PIC employs a substantial workforce of 966 individuals, demonstrating their commitment to this vital cause.
Official website here: www.bostonpic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Boston Private Industry Council Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. With a score of 96%, the organization demonstrates effective management of its resources, ensuring that a significant portion of its funds are directed toward its programs, as reflected in its program expense ratio of 86.11%.
Strengths of the council include a fully independent board, with 100% of its members being independent, which fosters unbiased governance. The organization has a robust audit and oversight committee, and it adheres to essential policies such as conflict of interest and whistleblower protections. Additionally, it maintains accurate documentation of board meeting minutes, contributing to its transparency and accountability.
While the council showcases impressive financial stability with a low liabilities to assets ratio of 13.03%, it is essential for potential donors and stakeholders to remain informed on its ongoing initiatives and community impact. Overall, the Boston Private Industry Council Inc exemplifies strong nonprofit practices and a dedication to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Boston Private Industry Council Inc The legitimate?
Boston Private Industry Council Inc The is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Private Industry Council Inc The 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: $202,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,656,263
For more financial information, click here
Official website here: www.bostonpic.org
What is the mission statement of Boston Private Industry Council Inc The?
The Boston Private Industry Council Inc's mission is centered around connecting both youth and adults with job opportunities and careers within the mainstream economy. The organization serves as an intermediary, facilitating placements and internships for high school students. It also oversees One Stop Career Centers and related job training programs, and develops educational policy positions to inform the field. The PIC's initiatives include running the Boston Summer Jobs Program, which offers wage-funded internships and career development activities, as well as engaging community-based organizations to supervise students and provide work readiness training.
Official website here: www.bostonpic.org
Who is the CEO of Boston Private Industry Council Inc The?
Unavailable
Official website here: www.bostonpic.org
What is the revenue of Boston Private Industry Council Inc The?
Boston Private Industry Council Inc The's revenue in 2022 was $9,474,413.
Official website here: www.bostonpic.org
Who are the executives of Boston Private Industry Council Inc The and what are their salaries?
The average compensation at Boston Private Industry Council Inc The during 2022 was $3,995. There are 966 employees at Boston Private Industry Council Inc The.
Here are 16 key members and their salaries:
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- Compensation: $202,651
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- Other: $7,123
- Compensation: $155,821
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- Compensation: $140,603
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- Compensation: $130,634
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- Compensation: $130,875
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- Other: $501
- Compensation: $130,041
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- Other: $494
Official website here: www.bostonpic.org
Where can I find the form 990 for Boston Private Industry Council Inc The?
Boston Private Industry Council Inc The's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bostonpic.org
Learn more at the official website: www.bostonpic.org
Mission Statement of Boston Private Industry Council Inc The
Boston Private Industry Council Inc. is an organization dedicated to connecting the youth and adults of Boston with job prospects and careers in the mainstream economy. By acting as an intermediary, the PIC facilitates job placements and internships for public high school students. Additionally, the council oversees Boston's One Stop Career Centers, providing job training and resources, and develops policy positions that contribute to the improvement of education in the city.
In practical terms, the PIC's mission is manifested through initiatives such as the Boston Summer Jobs Program. This program provides paid internships and stipends for career development activities to high school students. The PIC collaborates with community-based organizations to supervise these students, ensuring a supportive work environment. Furthermore, the program offers work readiness training and career exploration sessions to equip the students with necessary skills for their chosen careers. The PIC maintains an active presence during the summer, addressing any issues that may arise at the program's worksites and offering ongoing support to both students and supervisors.
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Impact
July, 2024
The impact of the Boston Private Industry Council Inc The is significant in connecting youth and adults in Boston with jobs and careers in the mainstream economy. Through initiatives like the Boston Summer Jobs Program, the PIC provides valuable work opportunities, career development activities, and job training for public high school students. By brokering jobs and internships, overseeing career centers, and developing policy positions, the PIC plays a crucial role in shaping the local workforce and bridging the gap between education and employment. This organization's efforts contribute to the economic empowerment and professional growth of individuals in Boston, fostering a more skilled and prepared workforce for the future.
This information is meant to be a general summary of Boston Private Industry Council Inc The. 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.
- Gross Receipts: $9,474,413
Assets and Liabilities:
- Total Assets: $4,915,646
- Total Liabilities: $614,780
- Net Assets: $4,300,866
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Organization Details
Founding Year
1979
Phone
(617) 488-1302Main Address
2 OLIVER STREET 3RD FLOOR, Boston, MA, 021094901
Website
www.bostonpic.orgNTEE Category
Code: J20Z - Employment
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