Overview
What is New York Association Of Training And Employment Professionals Inc?
New York Association of Training and Employment Professionals Inc., located in Albany, New York, is a nonprofit organization that focuses on providing educational development opportunities for individuals involved in employment and training. Their mission is to serve as a leading advocate for a prospering workforce development network in New York State, ensuring that they provide the necessary vision, leadership, and advocacy in this field. The organization's primary aim is to foster an environment that supports the growth and success of employment and training professionals across the state.
Official website here: www.nyatep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
The New York Association of Training and Employment Professionals Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The rating is based entirely on the organization’s performance in the Accountability & Finance category, where it scored an impressive 88%. This reflects effective management practices and a commitment to transparency, with 100% of board members being independent and no material diversion of assets reported.
The organization exhibits strong financial practices, demonstrated by a program expense ratio of 87.43%, which means a significant majority of its resources are dedicated to its mission-related activities. However, some areas for improvement were noted, particularly in the absence of a whistleblower policy and document retention and destruction policies, which could impact governance practices. Additionally, the lack of a posted tax form on their website may limit access to important financial information for stakeholders.
Overall, while the New York Association of Training and Employment Professionals Inc shows commendable financial discipline and transparency, addressing the noted gaps in governance policies could further enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is New York Association Of Training And Employment Professionals Inc legitimate?
New York Association Of Training And Employment Professionals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Association Of Training And Employment Professionals 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: $301,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,349
For more financial information, click here
Official website here: www.nyatep.org
What is the mission statement of New York Association Of Training And Employment Professionals Inc?
The New York Association of Training and Employment Professionals Inc. is committed to serving as the driving force, offering leadership, vision, and advocacy for a prosperous workforce development network within New York State. Their mission is to ensure that they are the sole provider of these essential services, fostering a thriving workforce development ecosystem. Additionally, the organization provides educational opportunities for individuals engaged in employment and training, contributing to the overall growth and development of the workforce.
Official website here: www.nyatep.org
What is the revenue of New York Association Of Training And Employment Professionals Inc?
New York Association Of Training And Employment Professionals Inc's revenue in 2024 was $1,213,830.
Official website here: www.nyatep.org
Who are the executives of New York Association Of Training And Employment Professionals Inc and what are their salaries?
Here are 19 key members and their salaries:
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Official website here: www.nyatep.org
Where can I find the form 990 for New York Association Of Training And Employment Professionals Inc?
New York Association Of Training And Employment Professionals Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nyatep.org
Learn more at the official website: www.nyatep.org
Mission Statement of New York Association Of Training And Employment Professionals Inc
The New York Association of Training and Employment Professionals Inc is committed to playing a pivotal role in shaping a flourishing workforce development network within New York State. This nonprofit organization aims to provide leadership and vision, advocating for a thriving ecosystem that supports employment and training initiatives. By taking on this role, NYATEP aspires to make a significant impact on the state's workforce development landscape. In addition to their advocacy efforts, NYATEP also offers educational development opportunities for individuals involved in employment and training. This encompasses various learning opportunities that aim to enhance their skills and contribute to a more robust and capable workforce.
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Impact
October, 2024
The New York Association of Training and Employment Professionals Inc. plays a vital role in shaping a robust workforce development network across New York State. By providing strategic leadership, vision, and advocacy, NYATEP ensures that employment and training professionals are well-equipped to meet the evolving needs of the workforce.
Through educational development opportunities, NYATEP enhances the skills and knowledge of those working in employment and training fields, fostering a more competent and responsive workforce. This commitment not only empowers professionals but also contributes to the overall economic health of the region by ensuring that job seekers are better prepared for the opportunities available to them.
In summary, NYATEP's impact is significant as it cultivates a collaborative environment that promotes effective workforce development, ultimately benefiting individuals, employers, and communities throughout New York State.
This information is meant to be a general summary of New York Association Of Training And Employment Professionals 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: $1,939
- Program Service Revenue: $709,466
- Gross Receipts: $1,213,830
Assets and Liabilities:
- Total Assets: $733,025
- Total Liabilities: $155,267
- Net Assets: $577,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONF'S, WEBINARS, & TRAININGS
Revenue
$366,859
MEMBERSHIP DUES
Revenue
$296,307
CONTRACTED SERVICES
Revenue
$46,300
Organization Details
Founding Year
1972
Principal Officer
Chris Nardone
Website
www.nyatep.orgNTEE Category
Code: J20 - Employment
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