Overview
What is Private Industry Council Of Passaic County Inc?
Private Industry Council of Passaic County Inc, located at 200 Memorial Drive, Paterson, New Jersey, is a nonprofit organization dedicated to empowering needy families receiving welfare assistance. Their primary mission, in accordance with the Workforce Investment Act of 1998 and the state of New Jersey's mandates, is to offer LOB (Labor, Occupational, and Basic Skills) training, literacy programs, and vocational experiences to individuals and youth. Their workforce development initiatives aim to enable these individuals to enter the workforce, thereby improving their economic prospects. The organization, with a staff of 174, is committed to helping individuals in Passaic County gain the necessary skills to secure employment and achieve self-sufficiency.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
The Private Industry Council of Passaic County Inc has achieved a robust Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity's overall score is 90%, which signifies an excellent level of transparency and sound management practices, particularly in its financial operations.
Strengths highlighted include a fully independent board, reinforced by high scores in governance metrics such as conflict of interest policies and documentation practices. The organization also boasts a commendable program expense ratio of 89.32%, indicating that a significant portion of its funding is directed towards its programs rather than administrative expenses.
While the data is overwhelmingly positive, the absence of diverse beacons for scoring, given that the overall score is based entirely on Accountability & Finance, may limit a comprehensive assessment of its overall impact and effectiveness in program delivery. Nonetheless, the Private Industry Council of Passaic County Inc demonstrates a strong fiscal responsibility and governance structure.
This AI summary has been generated from information found on Charity Navigator.
Is Private Industry Council Of Passaic County Inc legitimate?
Private Industry Council Of Passaic County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Private Industry Council Of Passaic County 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: $3,225,984
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Private Industry Council Of Passaic County Inc?
The Private Industry Council of Passaic County Inc is committed to providing training in various sectors of work, literacy programs, and vocational experiences. This initiative is in compliance with the Workforce Investment Act of 1998 and the state of New Jersey's mandates. Their mission is to equip individuals and youth with the necessary skills to join the workforce, thereby helping needy families who receive welfare assistance to become self-sufficient. They offer Workforce New Jersey-TANF programs, which include welfare-to-work training and literacy programs, enabling these individuals to secure employment.
Who is the CEO of Private Industry Council Of Passaic County Inc?
Bruce James is the 200 Memorial Dr Paterson, Nj of Private Industry Council Of Passaic County Inc.
What is the revenue of Private Industry Council Of Passaic County Inc?
Private Industry Council Of Passaic County Inc's revenue in 2023 was $6,722,597.
Who are the executives of Private Industry Council Of Passaic County Inc and what are their salaries?
The average compensation at Private Industry Council Of Passaic County Inc during 2023 was $18,540. There are 174 employees and 75 volunteers at Private Industry Council Of Passaic County Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Private Industry Council Of Passaic County Inc?
Private Industry Council Of Passaic County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Private Industry Council Of Passaic County Inc
The Private Industry Council of Passaic County Inc is committed to providing training, literacy programs, and vocational experiences for individuals and youth, in adherence to the Workforce Investment Act of 1998 and the mandates set by the State of New Jersey. In essence, this nonprofit organization's mission is to equip underprivileged individuals and youth with the necessary skills and knowledge to join the workforce, helping them overcome the barriers that hinder their employment opportunities. Through its programs, the Private Industry Council of Passaic County Inc aims to empower these individuals, enabling them to become self-sufficient and contribute positively to their communities.
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Impact
October, 2024
The Private Industry Council of Passaic County Inc significantly impacts the local community by facilitating labor training, literacy programs, and vocational experiences for individuals and youth. Their initiatives are designed to empower participants, especially those from needy families receiving welfare assistance, helping them transition into the workforce effectively.
Through programs like Workforce New Jersey-TANF, they address critical barriers to employment, equipping participants with essential skills and knowledge necessary for sustainable job placement. This organization plays a vital role in enhancing the employability of individuals, fostering economic independence, and ultimately contributing to the overall economic health of Passaic County. By aligning their activities with the Workforce Investment Act of 1998 and state mandates, they ensure that those they serve receive high-quality training tailored to meet both individual needs and the demands of the local job market.
This information is meant to be a general summary of Private Industry Council Of Passaic County 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.
- Gross Receipts: $6,722,597
Assets and Liabilities:
- Total Assets: $13,592,838
- Total Liabilities: $2,708,971
- Net Assets: $10,883,867
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Organization Details
Founding Year
1986
Phone
(973) 340-3400Principal Officer
Bruce James
Main Address
200 MEMORIAL DRIVE, PATERSON, NJ, 07505
NTEE Category
Code: J220 - Employment
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