Overview
What is Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc?
Workforce Development Board of Fulton, Montgomery, and Schoharie Counties Inc. is a nonprofit organization situated in Amsterdam, New York. Their primary mission, as stated in the Workforce Innovation and Opportunity Act (WIOA) and related programs, is to cultivate a top-notch workforce capable of driving a thriving economy within the Fulton, Montgomery, and Schoharie counties region of New York. With a team of four dedicated individuals, they aim to provide world-class workforce development services, ultimately contributing to the region's economic vitality.
Official website here: www.fmsworkforcesolutions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Workforce Development Board of Fulton, Montgomery & Schoharie Counties Inc. has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. The organization scored 96% in the Accountability & Finance category, demonstrating a high level of transparency and effective governance practices. The presence of a fully independent board and the adherence to various policies, such as conflict of interest and whistleblower protections, further enhance its credibility.
Financially, the organization shows a robust commitment to program expenses, with 89.11% of its budget allocated directly to its programs. This indicates a strong focus on fulfilling its mission rather than diverting funds to administrative costs. Additionally, there are no reported instances of asset diversion and a favorable liabilities to assets ratio of 41.14%, suggesting sound financial health.
While the organization excels in several key areas, the singular focus on accountability and finance in its scoring may not provide a complete picture of its overall impact. Nonetheless, the strong performance in these metrics highlights the organization's commitment to responsible stewardship of resources, which is vital for donor trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc legitimate?
Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workforce Development Board Of Fult On Montgomery & Schoharie Cts 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,729
For more financial information, click here
Official website here: www.fmsworkforcesolutions.org
What is the mission statement of Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc?
The Workforce Development Board of Fulton, Montgomery, and Schoharie Counties has a mission to administer and carry out the Workforce Innovation and Opportunity Act (WIOA) and related programs. Their goal is to provide a world-class workforce capable of fueling a vibrant economy in the specified region. This organization's mission is geared towards enhancing the workforce's capabilities, ultimately contributing to the region's economic growth. They aim to administer various programs under WIOA, striving to provide the best possible workforce solutions for their community.
Official website here: www.fmsworkforcesolutions.org
Who is the CEO of Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc?
Pamela Goldswer is the Chairwoman of Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc.
Official website here: www.fmsworkforcesolutions.org
What is the revenue of Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc?
Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc's revenue in 2023 was $1,460,272.
Official website here: www.fmsworkforcesolutions.org
Who are the executives of Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc and what are their salaries?
The average compensation at Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc during 2023 was $53,682. There are 4 employees and 24 volunteers at Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc.
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- Compensation: $80,000
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- Other: $2,400
Official website here: www.fmsworkforcesolutions.org
Where can I find the form 990 for Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc?
Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fmsworkforcesolutions.org
Learn more at the official website: www.fmsworkforcesolutions.org
Mission Statement of Workforce Development Board Of Fult On Montgomery & Schoharie Cts Inc
The Workforce Development Board of Fulton, Montgomery, and Schoharie Counties Inc is dedicated to executing and overseeing the Workforce Innovation and Opportunity Act (WIOA) and associated programs. Their mission is to cultivate a top-tier workforce capable of sustaining a thriving economy in the Fulton, Montgomery, and Schoharie counties region of New York. This mission is carried out by administering these programs effectively, with the ultimate goal of providing a world-class workforce that can contribute positively to the local economy.
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Impact
October, 2024
The Workforce Development Board of Fulton, Montgomery, and Schoharie Counties plays a crucial role in enhancing economic vitality in the region by actively managing and implementing the Workforce Innovation and Opportunity Act (WIOA) and similar initiatives. By focusing on building a skilled and adaptable workforce, the board helps meet the needs of local businesses and fosters job opportunities that align with the evolving demands of the economy.
Their efforts are aimed at connecting individuals with training and employment resources, ensuring that residents have access to the skills necessary to thrive in today’s job market. This not only strengthens the workforce but also contributes to the overall economic development of Fulton, Montgomery, and Schoharie Counties. By prioritizing workforce development, the board promotes a sustainable economic environment, which ultimately benefits communities and enhances the quality of life for residents.
This information is meant to be a general summary of Workforce Development Board Of Fult On Montgomery & Schoharie Cts 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 2023.
- Gross Receipts: $1,460,272
Assets and Liabilities:
- Total Assets: $132,672
- Total Liabilities: $54,584
- Net Assets: $78,088
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Organization Details
Founding Year
1997
Phone
(518) 842-3676Principal Officer
Pamela Goldswer
Main Address
2620 RIVERFRONT CENTER, AMSTERDAM, NY, 12010
NTEE Category
Code: J01 - Employment
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