Overview
What is Central Oklahoma Workforce Investment Board Inc?
Central Oklahoma Workforce Investment Board Inc, located at 3813 N Santa Fe, Oklahoma City, OK 73118, is a nonprofit organization committed to fostering economic growth in the Central Oklahoma region. Through their mission, they lead a demand-driven workforce system, aiming to bridge the gap between job seekers and employers. In the past year, they served 2,408 individuals, with 414 new enrollments. Their programs resulted in 209 individuals completing occupational skills training, 42 undergoing On-the-job training, and 8 graduating from registered apprenticeships. An impressive 65.5% of participants earned recognized credentials. Notably, 66.7% of program graduates remained employed for two quarters after completion, and this figure rose to 67% four quarters post-graduation.
Official website here: www.cowib.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% - Three-Star out of Four Stars
The Central Oklahoma Workforce Investment Board Inc has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The organization scores particularly well in areas such as board independence and financial oversight, demonstrating a strong commitment to transparency and responsible governance.
Key strengths include a fully independent board and a high program expense ratio of 91.14%, suggesting that the majority of their expenditures are directed towards their mission-driven activities. Additionally, the presence of robust policies such as conflict of interest and whistleblower protections highlights their commitment to ethical practices and organizational integrity.
While the organization shows many positive attributes, the rating reflects room for improvement in areas that could enhance overall impact. Prospective donors and stakeholders may want to consider these aspects alongside the strong financial practices when evaluating the board's effectiveness in achieving its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Central Oklahoma Workforce Investment Board Inc legitimate?
Central Oklahoma Workforce Investment Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Oklahoma Workforce Investment Board 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: $89,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,171,348
For more financial information, click here
Official website here: www.cowib.org
What is the mission statement of Central Oklahoma Workforce Investment Board Inc?
The Central Oklahoma Workforce Investment Board Inc's mission is centered around promoting economic development in its region. Specifically, it leads a demand-driven workforce system, striving to align the needs of local businesses with the skills and training of its clients. The board serves a significant number of customers annually, offering various programs such as occupational skills training, On-the-job training, and registered apprenticeships. Success rates are impressive, with over 65% of clients earning recognized credentials upon completion of the program. Furthermore, a substantial percentage of graduates continue to maintain employment, with 66.7% employed two quarters after exit and 67% still employed four quarters post-graduation.
Official website here: www.cowib.org
Who is the CEO of Central Oklahoma Workforce Investment Board Inc?
Ashley Sellers is the Executive Director of Central Oklahoma Workforce Investment Board Inc.
Official website here: www.cowib.org
What is the revenue of Central Oklahoma Workforce Investment Board Inc?
Central Oklahoma Workforce Investment Board Inc's revenue in 2022 was $10,316,235.
Official website here: www.cowib.org
Who are the executives of Central Oklahoma Workforce Investment Board Inc and what are their salaries?
The average compensation at Central Oklahoma Workforce Investment Board Inc during 2022 was $9,554. There are 132 employees and 57 volunteers at Central Oklahoma Workforce Investment Board Inc.
Here are 35 key members and their salaries:
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Official website here: www.cowib.org
Where can I find the form 990 for Central Oklahoma Workforce Investment Board Inc?
Central Oklahoma Workforce Investment Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cowib.org
Learn more at the official website: www.cowib.org
Mission Statement of Central Oklahoma Workforce Investment Board Inc
Central Oklahoma Workforce Investment Board Inc, in its mission, strives to foster economic development in its community by overseeing a demand-driven workforce system. This organization plays a pivotal role in shaping the local economy by leading this system, which aims to align the needs of employers with the skills of job seekers.
Throughout the year, Central Oklahoma Workforce Investment Board Inc served a substantial number of individuals, including 414 new enrollees. The board's efforts led to the placement of 209 individuals in occupational skills training programs, 42 in On-the-job training, and 8 in registered apprenticeships. The organization's commitment to its mission was evident in the successful completion of these programs, as 65.5% of the participants earned a recognized credential. Furthermore, the board's focus on long-term employment outcomes was evident in the fact that 66.7% of the program graduates were still employed after two quarters after exiting the program, and this figure rose to 67% after four quarters.
In summary, Central Oklahoma Workforce Investment Board Inc's mission is to stimulate economic growth in its community by leading a demand-driven workforce system. This involves aligning the needs of employers with the skills of job seekers and providing various training programs to equip individuals with the necessary skills. The organization's success is evident in the high percentage of individuals who completed their programs and went on to secure employment, demonstrating its effectiveness in achieving its mission.
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Impact
August, 2024
Central Oklahoma Workforce Investment Board Inc's impact is significant in advancing economic development in Central Oklahoma by leading a demand-driven workforce system. The organization served 2,408 customers, including 414 new enrollments for the year. They placed 209 individuals in occupational skills training, 42 in On-the-job training, and 8 in registered apprenticeships. Notably, 65.5% of clients earned a recognized credential through their programs.
Furthermore, the data shows that of those who completed the program, 66.7% were still employed after 2 quarters following their exit, and 67% were employed four quarters after graduation. This demonstrates the tangible and lasting impact of Central Oklahoma Workforce Investment Board Inc in empowering individuals to gain skills and secure employment opportunities in the region.
This information is meant to be a general summary of Central Oklahoma Workforce Investment Board 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: $10,316,235
Assets and Liabilities:
- Total Assets: $3,420,947
- Total Liabilities: $2,617,569
- Net Assets: $803,378
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Organization Details
Founding Year
2004
Phone
(405) 622-2026Principal Officer
Ashley Sellers
Main Address
3813 N Santa Fe, Oklahoma City, OK, 73118
Website
www.cowib.orgNTEE Category
Code: S30 - Community improvement
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