Overview
What is Metro North Regional Employment Board?
The Metro North Regional Employment Board is a public-private partnership situated in Cambridge, Massachusetts. With a team of 21 dedicated individuals, their mission is to empower local residents by equipping them with necessary skills, thereby promoting their economic self-sufficiency. As the policy and oversight board for the workforce development system in the Massachusetts Metro North region, they oversee the implementation of state and federal legislative initiatives. Their primary objective is to facilitate the provision of high-quality comprehensive services through the State Employment Network, ultimately assisting individuals in achieving self-sufficiency. These services are delivered through two One-Stop Career Centers (OSCCs), which are essential components of the State Employment Network.
Official website here: www.mnreb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Metro North Regional Employment Board has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score, which earns the organization a Three-Star rating, is derived entirely from its accountability and finance metrics, showcasing a strong commitment to transparency and proper management of resources.
Strengths of the organization include a fully independent board and excellent financial oversight, with all board members being independent and a well-structured audit committee. The organization has demonstrated high effectiveness in program expenses, allocating approximately 94.34% of its budget directly to its programs, which underscores its focus on fulfilling its mission of employment support. The presence of comprehensive policies regarding conflict of interest, whistleblowing, and document retention further enhances its credibility.
However, while the financial management appears robust, the overall rating does not reflect other potential areas of impact or programmatic effectiveness that may not be captured in the accountability metrics. Stakeholders may want to explore further how the organization measures its success in achieving its broader employment-related goals.
This AI summary has been generated from information found on Charity Navigator.
Is Metro North Regional Employment Board legitimate?
Metro North Regional Employment Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metro North Regional Employment Board 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: $308,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,251,710
For more financial information, click here
Official website here: www.mnreb.org
What is the mission statement of Metro North Regional Employment Board?
The Metro North Regional Employment Board, functioning as a public-private partnership, has a mission to empower local residents by equipping them with necessary skills to achieve economic self-sufficiency. This organization aims to serve as the policy and oversight board for the workforce development system in its region, ensuring the implementation of state and federal legislative initiatives. The Metro North Regional Employment Board also provides employers with the workforce they require to compete effectively in the evolving global economy. Through its management of One-Stop Career Centers (OSCCs), the board offers individuals comprehensive services to help them achieve self-sufficiency.
Official website here: www.mnreb.org
Who is the CEO of Metro North Regional Employment Board?
Richard Dalton is the Chair of Metro North Regional Employment Board.
Official website here: www.mnreb.org
What is the revenue of Metro North Regional Employment Board?
Metro North Regional Employment Board's revenue in 2022 was $8,929,878.
Official website here: www.mnreb.org
Who are the executives of Metro North Regional Employment Board and what are their salaries?
The average compensation at Metro North Regional Employment Board during 2022 was $74,315. There are 21 employees at Metro North Regional Employment Board.
Here are 26 key members and their salaries:
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Official website here: www.mnreb.org
Where can I find the form 990 for Metro North Regional Employment Board?
Metro North Regional Employment Board's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnreb.org
Learn more at the official website: www.mnreb.org
Mission Statement of Metro North Regional Employment Board
Metro North Regional Employment Board, a public-private partnership, is committed to empowering area residents to achieve economic self-sufficiency. Its mission is to provide individuals with the necessary skills to maximize their earning potential, while simultaneously addressing the workforce needs of employers in a rapidly evolving global economy. The board serves as the policy and oversight body for the workforce development system in Massachusetts' Metro North region, ensuring the implementation of state and federal legislative initiatives. In carrying out this mission, the Metro North Regional Employment Board oversees the operation of two One-Stop Career Centers (OSCCs). These centers offer comprehensive services to individuals, helping them attain self-sufficiency through high-quality assistance. The board plays a crucial role in enabling residents of the Metro North region to adapt and thrive in the ever-changing world of employment.
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Impact
July, 2024
The Metro North Regional Employment Board plays a crucial role in overseeing the workforce development system in the Massachusetts Metro North region. By serving as the policy and oversight board for this system, it ensures the implementation of state and federal legislative initiatives that support individuals in achieving self-sufficiency through access to high-quality comprehensive services via the One Stop Career Centers (OSCC). Through its public-private partnership, the board works to enable area residents to gain the skills necessary for economic self-sufficiency and provides employers with the workforce they need to effectively compete in the changing world economy.
This information is meant to be a general summary of Metro North Regional Employment Board. 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: $25,721
- Gross Receipts: $9,252,337
Assets and Liabilities:
- Total Assets: $4,304,049
- Total Liabilities: $3,304,193
- Net Assets: $999,856
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Organization Details
Founding Year
1995
Phone
(617) 864-1500Principal Officer
Richard Dalton
Main Address
186 ALEWIFE BROOK PARKWAY, CAMBRIDGE, MA, 02138
Website
www.mnreb.orgNTEE Category
Code: J20 - Employment
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