Overview
What is Workforce Alliance Inc?
Workforce Alliance Inc, located in New Haven, Connecticut, is a nonprofit organization dedicated to offering job training through various programs. Their services cater to both WIOA adults and dislocated workers, providing assistance without any eligibility requirements. They collaborate with the CTWorks Career Center One-Stop American Job Center System to deliver these services, ensuring that a wide range of opportunities are accessible to all adults in the region.
Official website here: www.workforcealliance.biz/
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
Workforce Alliance Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The charity's overall score is primarily derived from its accountability and finance metrics, which highlights its commitment to operational integrity. The organization boasts a strong independent board, with 100% of its members being independent, and it demonstrates good practices in financial oversight.
The evaluation shows that the nonprofit has effective financial management practices in several areas, including no material diversion of assets and a high program expense ratio of 93.57%. However, one notable limitation is the absence of a whistleblower policy, which may raise concerns about internal reporting and accountability practices. Additionally, the charity's liabilities to assets ratio is low, suggesting potential financial stability issues.
Overall, Workforce Alliance Inc shows commendable transparency and governance, but improvements in certain policies could enhance its operational framework. The organization is positioned well in fostering trust among donors and stakeholders through its commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Workforce Alliance Inc legitimate?
Workforce Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workforce Alliance 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: $438,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,105,682
For more financial information, click here
Official website here: www.workforcealliance.biz/
What is the mission statement of Workforce Alliance Inc?
Workforce Alliance Inc is an organization dedicated to providing job training opportunities for individuals in various programs. Their mission is to offer job training services to adults without any eligibility requirements through the CTWorks Career Center One-Stop American Job Center System. Additionally, they provide similar services to dislocated workers, also without any eligibility requirements, through the same system. The organization's goal is to equip individuals with the necessary skills to secure employment and enhance their career prospects.
Official website here: www.workforcealliance.biz/
Who is the CEO of Workforce Alliance Inc?
William P Villano is the President & Ceo of Workforce Alliance Inc. The CEO's salary of Workforce Alliance Inc is $183,125 and their total compensation is $242,468.
Official website here: www.workforcealliance.biz/
What is the revenue of Workforce Alliance Inc?
Workforce Alliance Inc's revenue in 2022 was $11,673,511.
Official website here: www.workforcealliance.biz/
Who are the executives of Workforce Alliance Inc and what are their salaries?
The average compensation at Workforce Alliance Inc during 2022 was $23,557. There are 108 employees at Workforce Alliance Inc.
Here are 30 key members and their salaries (Workforce Alliance Inc's CEO's salary is $183,125 and their total compensation is $242,468):
- Compensation: $183,125
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- Other: $59,343
- Compensation: $131,219
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- Other: $60,637
- Compensation: $114,524
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- Other: $35,463
- Compensation: $102,092
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- Other: $64,256
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Official website here: www.workforcealliance.biz/
Where can I find the form 990 for Workforce Alliance Inc?
Workforce Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.workforcealliance.biz/
Learn more at the official website: www.workforcealliance.biz/
Mission Statement of Workforce Alliance Inc
Workforce Alliance Inc, as a nonprofit organization, is dedicated to providing job training opportunities through various programs. Its mission is centered around offering job training services to adults in the New Haven, CT region, with no specific eligibility requirements needed. This is primarily achieved through the CTWorks Career Center One-Stop American Job Center System. Furthermore, Workforce Alliance Inc extends its job training services to dislocated workers, once again without any eligibility requirements, through the same CTWorks Career Center One-Stop American Job Center System. The organization's commitment to job training aims to empower individuals and contribute to the local workforce, providing a pathway for growth and development in their respective fields.
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Impact
July, 2024
Workforce Alliance Inc makes a significant impact in the New Haven, CT region by providing job training through various programs. Through its Adult services for WIOA adults and Dislocated Workers program, Workforce Alliance offers valuable resources and support to individuals seeking to enhance their skills and find employment opportunities. By partnering with the CTWorks Career Center One-Stop American Job Center System, Workforce Alliance ensures that these services are accessible to a wide range of adults, regardless of eligibility requirements. This organization plays a crucial role in empowering individuals and strengthening the workforce in the local community.
This information is meant to be a general summary of Workforce Alliance 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.
- Gross Receipts: $11,673,511
Assets and Liabilities:
- Total Assets: $2,357,711
- Total Liabilities: $1,794,911
- Net Assets: $562,800
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Organization Details
Founding Year
1978
Phone
(203) 624-1493Principal Officer
William P Villano
Main Address
560 ELLA T GRASSO BOULEVARD, NEW HAVEN, CT, 06519
Website
www.workforcealliance.biz/NTEE Category
Code: J20 - Employment
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