Overview
What is Stanislaus Business Alliance Inc?
Stanislaus Business Alliance Inc, based in Modesto, California, is a nonprofit organization with a mission to advance the employment skills and educational levels of the community in Stanislaus County. They achieve this by implementing programs and offering job training activities, as well as contributing to economic development. With a team of 29 dedicated individuals, they strive to enhance the overall opportunities and prospects for local citizens, aiming to foster a prosperous and skilled workforce within the area.
Official website here: www.opportunitystanislaus.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Stanislaus Business Alliance Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With an overall score of 82%, the organization demonstrates strengths in having a majority independent board and effective financial oversight, as evidenced by its comprehensive auditing and lack of material diversion of assets.
However, the organization has notable weaknesses, particularly in governance policies. It lacks essential documents such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Additionally, there are no recorded minutes from board meetings, which could impact transparency and accountability.
Despite these limitations, the Alliance shows robust program expense and fundraising efficiency ratios, with 79.48% of expenses going directly to programs and a low fundraising cost of $0.07 per dollar raised. This efficiency indicates a commitment to maximizing resources for its mission, although the governance gaps should be addressed to enhance overall organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Stanislaus Business Alliance Inc legitimate?
Stanislaus Business Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanislaus Business Alliance 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: $249,034
Professional Fundraising Fees: $69,238
Other Salaries and Wages: $1,970,606
For more financial information, click here
Official website here: www.opportunitystanislaus.com
What is the mission statement of Stanislaus Business Alliance Inc?
The Stanislaus Business Alliance Inc's mission is centered around providing both job training and economic development activities. In executing this mission, they implement programs and offer resources to help enhance the employment skills and educational levels of the citizens in Stanislaus County, California. The organization's aim is to promote and improve basic job opportunities, ultimately contributing to the overall betterment of the community.
Official website here: www.opportunitystanislaus.com
What is the revenue of Stanislaus Business Alliance Inc?
Stanislaus Business Alliance Inc's revenue in 2024 was $6,145,183.
Official website here: www.opportunitystanislaus.com
Who are the executives of Stanislaus Business Alliance Inc and what are their salaries?
The average compensation at Stanislaus Business Alliance Inc during 2024 was $61,175.
Here are 28 key members and their salaries:
- Compensation: $249,034
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Official website here: www.opportunitystanislaus.com
Where can I find the form 990 for Stanislaus Business Alliance Inc?
Stanislaus Business Alliance Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.opportunitystanislaus.com
Learn more at the official website: www.opportunitystanislaus.com
Mission Statement of Stanislaus Business Alliance Inc
Stanislaus Business Alliance Inc, a nonprofit organization, is committed to providing both job training and economic development activities. Their mission is to promote, assess, improve, or enhance the basic employment skills and opportunities, as well as the overall education levels of the citizens of Stanislaus County, California. In simpler terms, the Alliance aims to equip the local community with the necessary skills to secure employment and contribute to the county's economic growth. They implement programs that not only improve individual employment prospects but also contribute to the County's overall economic development.
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Impact
October, 2024
Stanislaus Business Alliance Inc significantly impacts the community by enhancing employment skills and fostering economic development in Stanislaus County, California. Through targeted programs, it creates opportunities for residents to improve their basic employment capabilities and overall education levels. This focus on job training not only equips individuals with the necessary skills to enter or advance in the workforce but also stimulates local economic growth, ultimately contributing to a more skilled and competitive labor pool. The alliance plays a crucial role in building a healthier economy and empowering citizens, leading to improved quality of life and greater community resilience.
This information is meant to be a general summary of Stanislaus Business Alliance 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 2024.
- Investment Income: $1,525
- Program Service Revenue: $1,731,266
- Gross Receipts: $6,145,183
Assets and Liabilities:
- Total Assets: $3,374,724
- Total Liabilities: $1,574,879
- Net Assets: $1,799,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Revenue
Revenue
$8,608
Program Revenue
Revenue
$1,722,658
Organization Details
Founding Year
2006
Principal Officer
Jim Vieira
NTEE Category
Code: B82 - Education
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