Overview
What is Brockton Area Workforce Investment Board Inc?
Brockton Area Workforce Investment Board Inc is a nonprofit organization situated in Brockton, Massachusetts. Their primary role is to serve as a guiding council, contracting for, and overseeing the workforce development system within their service delivery area. They achieve this by promoting and organizing programs to develop training and employment opportunities, collaborating with various entities such as private employers, public and private service agencies, educators, and governmental bodies. The goal is to enhance the economic and social well-being of the region, advise existing organizations on job placement methods, and provide special emphasis on assisting economically disadvantaged individuals. With a workforce of 86 individuals, they strive to improve employment prospects in the Brockton region.
Official website here: www.bawib.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Brockton Area Workforce Investment Board Inc has earned a strong Four-Star rating from Charity Navigator, signifying a high level of accountability and financial health. The organization scored exceptionally well in all areas of accountability and finance, reflecting effective governance and transparency. With a majority of independent board members and a robust conflict of interest policy, the organization demonstrates a commitment to ethical practices.
Strengths include a high program expense ratio of 96.39%, indicating that a significant portion of its funds is directed towards programs rather than administrative costs. The board's independent oversight and various policies in place, such as whistleblower and document retention policies, further enhance the board's operational integrity. These factors contribute positively to the organization’s reputation and operational effectiveness.
However, the liabilities to assets ratio of 58.15% could suggest some financial leverage that may require monitoring. While the organization excels in many areas, ongoing attention to its financial obligations will be important for maintaining long-term stability. Overall, the Brockton Area Workforce Investment Board Inc stands out as a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Brockton Area Workforce Investment Board Inc legitimate?
Brockton Area Workforce Investment Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brockton Area 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: $377,854
Professional Fundraising Fees: $0
Other Salaries and Wages: $817,996
For more financial information, click here
Official website here: www.bawib.org
What is the mission statement of Brockton Area Workforce Investment Board Inc?
The Brockton Area Workforce Investment Board Inc serves as a council, providing guidance, contracting for, and exercising oversight over the workforce development system in its designated area. Its primary goal is to promote and organize programs that develop training and employment opportunities, enlisting the support of various entities such as employers, service agencies, educators, and governmental bodies. The board aims to enhance the economic and social well-being of the region by advising existing employment and training organizations on effective methods and programs to increase job placements. The board also places a special emphasis on assisting economically disadvantaged individuals through its programs and service offerings.
Official website here: www.bawib.org
What is the revenue of Brockton Area Workforce Investment Board Inc?
Brockton Area Workforce Investment Board Inc's revenue in 2024 was $5,951,632.
Official website here: www.bawib.org
Who are the executives of Brockton Area Workforce Investment Board Inc and what are their salaries?
The average compensation at Brockton Area Workforce Investment Board Inc during 2024 was $5,155. There are 232 employees and 21 volunteers at Brockton Area Workforce Investment Board Inc.
Here are 24 key members and their salaries:
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- Other: $19,513
Official website here: www.bawib.org
Where can I find the form 990 for Brockton Area Workforce Investment Board Inc?
Brockton Area Workforce Investment Board Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bawib.org
Learn more at the official website: www.bawib.org
Mission Statement of Brockton Area Workforce Investment Board Inc
The Brockton Area Workforce Investment Board Inc serves as a guiding council, overseeing and contracting for the workforce development system within its service delivery area. Its primary mission is to promote and organize programs that foster training and employment opportunities in the region. By enlisting the support of private employers, public and private service agencies, educators, and governmental bodies, the Board aims to enhance the economic and social well-being of the region. Furthermore, it provides advice to existing public and private employment and training organizations, focusing on methods and programs designed to increase job placements, with a special emphasis on the economically disadvantaged.
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Impact
July, 2024
Brockton Area Workforce Investment Board Inc's impact is significant in the Brockton service delivery area by promoting, organizing, and advising on programs to develop training and employment opportunities. They work closely with private employers, employer groups, service agencies, educators, and governmental bodies to enhance the economic and social well-being of the region. Additionally, they provide special emphasis on serving the economically disadvantaged through their programs and service offerings. Overall, their efforts aim to increase job placements and support workforce development in the community.
This information is meant to be a general summary of Brockton Area 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 2024.
- Investment Income: $4,699
- Gross Receipts: $6,092,914
Assets and Liabilities:
- Total Assets: $3,481,000
- Total Liabilities: $2,069,420
- Net Assets: $1,411,580
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Organization Details
Founding Year
2001
Principal Officer
Jason Hunter
Website
www.bawib.orgNTEE Category
Code: J20 - Employment
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