Overview
What is Cattaraugus-Allegany Workforce Investment Board?
The Cattaraugus-Allegany Workforce Investment Board is a nonprofit organization situated in Olean, New York. With a team of four dedicated individuals, their primary mission is to ensure a skilled workforce is readily available for local employers and to prepare students and youth for the local job market. This is accomplished through various programs such as those for adults, youth, and dislocated workers, as outlined under the Workforce Investment Act. Their goal is to bridge the gap between job seekers and employers, ultimately contributing to a thriving local economy.
Official website here: www.cawfny.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Cattaraugus-Allegany Workforce Investment Board has received a solid rating of 81%, indicating a good level of accountability and transparency in its financial operations. The organization holds 100% independent board members and has a robust audit and oversight committee, which reflects a strong governance structure. Furthermore, it maintains comprehensive policies including conflict of interest and whistleblower protections, ensuring ethical operations.
One of the strengths of the organization is its program expense ratio, which stands at 79.23%. This indicates that a significant portion of its resources is directed towards its programs rather than administrative costs, demonstrating a commitment to fulfilling its mission effectively. Additionally, the charity has successfully avoided any material diversion of assets, further underscoring its financial integrity.
However, it is important to note the liabilities to assets ratio at 93.22%, which may raise concerns about the organization's financial stability. High liabilities relative to assets can potentially impact the organization's ability to sustain its operations in the long run. Overall, while the Cattaraugus-Allegany Workforce Investment Board demonstrates strong governance and a commitment to programmatic spending, its financial liabilities warrant careful consideration.
This AI summary has been generated from information found on Charity Navigator.
Is Cattaraugus-Allegany Workforce Investment Board legitimate?
Cattaraugus-Allegany Workforce Investment Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cattaraugus-Allegany Workforce Investment 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: $70,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,770
For more financial information, click here
Official website here: www.cawfny.com
What is the mission statement of Cattaraugus-Allegany Workforce Investment Board?
The Cattaraugus-Allegany Workforce Investment Board's mission is focused on ensuring a skilled workforce is readily available for local employers. This organization strives to accomplish this by preparing students, youth, and individuals who have been displaced from their jobs for the demands of the local job market. Their mission aligns with the Workforce Investment Act, which encompasses programs for adults, youth, and dislocated workers.
Official website here: www.cawfny.com
Who is the CEO of Cattaraugus-Allegany Workforce Investment Board?
Jason Miller is the Executive Director of Cattaraugus-Allegany Workforce Investment Board.
Official website here: www.cawfny.com
What is the revenue of Cattaraugus-Allegany Workforce Investment Board?
Cattaraugus-Allegany Workforce Investment Board's revenue in 2023 was $1,505,723.
Official website here: www.cawfny.com
Who are the executives of Cattaraugus-Allegany Workforce Investment Board and what are their salaries?
The average compensation at Cattaraugus-Allegany Workforce Investment Board during 2023 was $58,210. There are 4 employees at Cattaraugus-Allegany Workforce Investment Board.
Here are 22 key members and their salaries:
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Official website here: www.cawfny.com
Where can I find the form 990 for Cattaraugus-Allegany Workforce Investment Board?
Cattaraugus-Allegany Workforce Investment Board's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cawfny.com
Learn more at the official website: www.cawfny.com
Mission Statement of Cattaraugus-Allegany Workforce Investment Board
The Cattaraugus-Allegany Workforce Investment Board is committed to ensuring a skilled workforce is readily available for local employers and to prepare students and youth for the local job market. This mission is achieved through the implementation of various programs, including those focused on adults, youth, and individuals who have been displaced from their jobs. By doing so, the organization aims to bridge the gap between the employment needs of businesses and the skills of the workforce, ultimately benefiting both parties. In essence, the Cattaraugus-Allegany Workforce Investment Board serves as a conduit, facilitating the development of a skilled workforce that can meet the demands of the local job market.
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Impact
October, 2024
The Cattaraugus-Allegany Workforce Investment Board plays a vital role in the local economy by ensuring a robust pipeline of skilled workers for employers in the region. By implementing the Workforce Investment Act, the board oversees programs designed for adults, youth, and dislocated workers, aligning workforce development with the needs of local businesses.
Through targeted training and resources, the board prepares students and young individuals for the job market, facilitating smoother transitions into employment. This proactive approach not only aids in filling local job vacancies but also enhances the overall skill level of the workforce, driving economic growth in the area. By fostering partnerships between educational institutions and employers, the board helps create a skilled workforce that meets the evolving demands of the local economy.
This information is meant to be a general summary of Cattaraugus-Allegany Workforce Investment 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 2023.
- Program Service Revenue: $733
- Gross Receipts: $1,505,723
Assets and Liabilities:
- Total Assets: $339,909
- Total Liabilities: $316,877
- Net Assets: $23,032
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program revenue
Revenue
$733
Organization Details
Founding Year
2000
Phone
(716) 806-0060Principal Officer
Jason Miller
Main Address
ONE BLUEBIRD SQUARE, OLEAN, NY, 14760
Website
www.cawfny.comNTEE Category
Code: J20 - Employment
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