Overview
What is Rochesterworks Inc?
Rochesterworks Inc is a nonprofit organization situated in Rochester, New York, at 100 College Avenue 200. Their primary mission is to boost local economic growth by offering exceptional employment education, support, and training services. They accomplish this by assisting individuals through workforce development programs, helping improve job skills, maintain employment, and support those seeking employment. In Fiscal 2022, they served a substantial number of people, including 114 through the Workforce Innovation Opportunity Program, 5 through the Trade Adjustment Assistance Program, and 247 individuals in the Temporary Assistance for Needy Families Program. Additionally, they catered to approximately 7,578 participants through their career centers. Rochesterworks Inc strives to make a significant impact in the community by empowering individuals and fostering employment opportunities.
Official website here: www.rochesterworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Rochesterworks Inc has achieved an 83% score on Charity Navigator, earning it a Three-Star rating. This score reflects the organization's strong performance in Accountability & Finance, indicating a solid commitment to transparency and responsible financial practices. The charity boasts a fully independent board and high marks for financial oversight, including comprehensive policies on conflicts of interest and whistleblower protections.
The organization's strengths are evident in its program expense ratio, which stands at an impressive 92.91%, showing that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, Rochesterworks Inc scores well on various governance aspects, demonstrating a commitment to ethical standards and accountability in its operations.
However, the organization has a relatively low score for its liabilities to assets ratio, which is 66.93%. This could be a point of concern as it suggests a higher level of liabilities in relation to its assets, indicating potential financial vulnerabilities. Overall, Rochesterworks Inc shows strong governance and effective program management but may need to address its financial liability structure.
This AI summary has been generated from information found on Charity Navigator.
Is Rochesterworks Inc legitimate?
Rochesterworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochesterworks 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: $313,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,541,827
For more financial information, click here
Official website here: www.rochesterworks.org
What is the mission statement of Rochesterworks Inc?
Rochesterworks Inc's mission is centered around stimulating local economic growth. They achieve this by providing exceptional employment education, support, and training services. Their mission is to assist individuals through workforce development programs, enhancing job skills, maintaining employment, and aiding those seeking employment. In the fiscal year 2022, they served approximately 114 individuals through their Workforce Innovation Opportunity Program, 5 through the Trade Adjustment Assistance Program, and 247 through their Temporary Assistance for Needy Families Program. Furthermore, their Career Centers served around 7,578 participants. In essence, Rochesterworks Inc is committed to contributing to local economic growth by empowering individuals through employment-focused education and training programs.
Official website here: www.rochesterworks.org
Who is the CEO of Rochesterworks Inc?
Sergio Esteban is the Board Member of Rochesterworks Inc.
Official website here: www.rochesterworks.org
What is the revenue of Rochesterworks Inc?
Rochesterworks Inc's revenue in 2022 was $7,657,642.
Official website here: www.rochesterworks.org
Who are the executives of Rochesterworks Inc and what are their salaries?
The average compensation at Rochesterworks Inc during 2022 was $45,317. There are 63 employees and 8 volunteers at Rochesterworks Inc.
Here are 11 key members and their salaries:
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- Compensation: $107,400
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- Other: $22,454
- Compensation: $54,917
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- Other: $750
- Compensation: $103,255
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- Other: $4,598
Official website here: www.rochesterworks.org
Where can I find the form 990 for Rochesterworks Inc?
Rochesterworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rochesterworks.org
Learn more at the official website: www.rochesterworks.org
Mission Statement of Rochesterworks Inc
Rochesterworks Inc, a nonprofit organization, stimulates local economic growth by offering exceptional employment education, support, and training services. Their mission is to assist individuals through workforce development programs, aiming to enhance job skills, maintain employment, and support those seeking employment. In the fiscal year 2022, Rochesterworks served 114 individuals through their Workforce Innovation Opportunity Program, 5 individuals in the Trade Adjustment Assistance Program, and 247 individuals in their Temporary Assistance for Needy Families Program. Additionally, the organization served approximately 7,578 participants in their career centers, further demonstrating their commitment to employment assistance.
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Impact
October, 2024
Rochesterworks Inc significantly impacts the local economy by enhancing workforce development through comprehensive employment education, support, and training services. The organization plays a critical role in improving job skills for individuals, maintaining employment, and assisting those seeking jobs.
In fiscal 2022, Rochesterworks served approximately 114 individuals through its Workforce Innovation Opportunity Program, provided assistance to 5 participants in the Trade Adjustment Assistance Program, and supported 247 individuals in its Temporary Assistance for Needy Families Program. Additionally, around 7,578 individuals benefited from the services offered at their career centers.
This extensive engagement not only aids individuals in their professional journeys but also stimulates local economic growth, making Rochesterworks a vital resource in the community.
This information is meant to be a general summary of Rochesterworks 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.
- Program Service Revenue: $79,515
- Gross Receipts: $7,657,642
Assets and Liabilities:
- Total Assets: $1,383,662
- Total Liabilities: $873,559
- Net Assets: $510,103
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICE REVEN
Revenue
$79,515
Organization Details
Founding Year
2000
Phone
(585) 258-3500Principal Officer
Sergio Esteban
Main Address
100 COLLEGE AVENUE 200, ROCHESTER, NY, 14607
Website
www.rochesterworks.orgNTEE Category
Code: J20 - Employment
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