Overview
What is Wib Inc?
Wib Inc Dba Chautauqua Works, based in Jamestown, New York, is a nonprofit organization with a focus on workforce development. Their primary mission is to increase employment, retention, and earnings of participants, as well as enhance the local economy's competitiveness by improving the quality of the workforce and reducing welfare dependency. They provide oversight, administration, and guidance for Chautauqua County's workforce development system to ensure that skilled workers are readily available to local employers. With a team of 179 dedicated individuals, they conduct various workforce investment activities to promote a skilled workforce that meets the needs of local businesses.
Official website here: www.chautauquaworks.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Wib Inc Dba Chautauqua Works has demonstrated strong accountability and financial health, achieving a 92% score in these areas. The organization benefits from a fully independent board, with 92% of its members being independent, which enhances its governance and decision-making. The high program expense ratio of 95.49% indicates that a significant portion of its funds is directed towards its programs and services, which is a positive sign for donors and stakeholders.
The organization has established comprehensive policies, including conflict of interest and whistleblower policies, which further bolster its commitment to transparency and ethical governance. Additionally, it maintains proper financial oversight, evidenced by its full compliance with audit and oversight requirements. However, the liabilities to assets ratio of 55.31% suggests that while the organization is managing its debts, there is room for improvement in maintaining a stronger financial position.
Overall, Wib Inc Dba Chautauqua Works presents a solid choice for donors looking for a nonprofit that prioritizes accountability and effective use of resources. Its strong governance structures and financial practices are commendable, though attention to reducing liabilities could enhance its financial stability further.
This AI summary has been generated from information found on Charity Navigator.
Is Wib Inc legitimate?
Wib Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wib 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: $193,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,231
For more financial information, click here
Official website here: www.chautauquaworks.com
What is the mission statement of Wib Inc?
Wib Inc Dba Chautauqua Works, in its mission, aims to oversee, manage, and offer guidance for the workforce development system in Chautauqua County, New York. The primary objective is to ensure that local businesses have access to a skilled workforce. The organization's activities under the Workforce Innovation and Opportunity Act (WIOA) focus on increasing employment, retention, and earnings of participants, while improving their occupational skills to enhance the quality of the workforce. This, in turn, reduces welfare dependency and boosts the productivity and competitiveness of the local economy.
Official website here: www.chautauquaworks.com
Who is the CEO of Wib Inc?
Kathleen Geise is the Executive Director of Wib Inc.
Official website here: www.chautauquaworks.com
What is the revenue of Wib Inc?
Wib Inc's revenue in 2023 was $2,123,351.
Official website here: www.chautauquaworks.com
Who are the executives of Wib Inc and what are their salaries?
The average compensation at Wib Inc during 2023 was $2,433. There are 179 employees and 23 volunteers at Wib Inc.
Here are 25 key members and their salaries:
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Official website here: www.chautauquaworks.com
Where can I find the form 990 for Wib Inc?
Wib Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chautauquaworks.com
Learn more at the official website: www.chautauquaworks.com
Mission Statement of Wib Inc
Wib Inc Dba Chautauqua Works, in its mission, assumes the role of overseeing, administering, and monitoring the workforce development system in Chautauqua County, New York. Their primary objective is to ensure that local employers have access to a skilled workforce. By providing guidance and direction, they aim to increase the employment, retention, and earnings of participants. Furthermore, Wib Inc Dba Chautauqua Works strives to enhance the quality of the workforce by increasing occupational skill attainment among participants. This, in turn, helps reduce welfare dependency and boosts the productivity and competitiveness of the local economy through the WIOA program. This program focuses on workforce investment activities, ultimately improving employment prospects and contributing to a stronger, more skilled workforce.
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Impact
October, 2024
Wib Inc plays a crucial role in enhancing the workforce development system in Chautauqua County, NY. By providing oversight, administration, monitoring, and guidance, Wib Inc ensures that local employers have access to a skilled workforce, which is vital for the economic health and competitiveness of the region.
Their initiatives under the WIOA program focus on increasing employment, retention, and earnings for participants, while also promoting occupational skill attainment. This approach not only improves the quality of the workforce but also helps reduce welfare dependency, ultimately leading to heightened productivity and competitiveness of the local economy.
Through these efforts, Wib Inc strengthens the community by fostering a robust and skilled labor market that meets the needs of employers and supports the professional growth of individuals. This impact contributes to a more prosperous economy and a better quality of life for residents in the area.
This information is meant to be a general summary of Wib 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.
- Investment Income: $29
- Gross Receipts: $2,123,351
Assets and Liabilities:
- Total Assets: $1,037,724
- Total Liabilities: $574,000
- Net Assets: $463,724
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Organization Details
Founding Year
2000
Phone
(716) 661-9324Principal Officer
Kathleen Geise
Main Address
4 E Third Street Suite 102, Jamestown, NY, 14701
Website
www.chautauquaworks.comNTEE Category
Code: J20 - Employment
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