Overview
What is National Able Network Inc?
National Able Network Inc is a Chicago-based nonprofit organization with a team of 1297 employees. Their mission is to empower individuals and enhance communities by providing education, employment, and opportunity. They specialize in preparing individuals for self-sufficiency through sustainable employment and career advancement. Their expertise covers a wide range, from dislocated and disadvantaged workers to veterans, older workers, and low-income individuals in several states. Their services extend beyond education and training, creating employment and career placement opportunities for their clients. Their extensive scope includes outreach, career coaching, counseling, and training. Their vision is to bridge the gap between workforce development and economic growth.
Official website here: www.nationalable.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
National Able Network Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and financial management. The organization scores 90% overall, with an impressive commitment to financial transparency, evidenced by a high percentage of independent board members and comprehensive oversight practices.
Strengths include a robust program expense ratio of 92.63%, indicating a significant portion of funds is directed towards its mission. The charity demonstrates rigorous governance with policies for conflict of interest, whistleblowing, and document management all fully in place. Such policies are essential for maintaining integrity and trust within the organization.
However, there are some areas for improvement, notably the liabilities to assets ratio at 58.10%, which could suggest financial risk. While the organization maintains a strong financial structure overall, addressing its liabilities would enhance its stability and capacity for future growth.
This AI summary has been generated from information found on Charity Navigator.
Is National Able Network Inc legitimate?
National Able Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Able Network 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: $807,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,787,056
For more financial information, click here
Official website here: www.nationalable.org
What is the mission statement of National Able Network Inc?
National Able Network Inc is dedicated to preparing communities for the future by facilitating education, employment, and opportunity. Their expertise empowers individuals to improve their lives through sustainable employment and career advancement. The organization fosters a culture of lifelong learning and builds bridges between education, training, and career readiness. National Able Network Inc creates employment and training opportunities for displaced and disadvantaged workers, including veterans, older workers, and low-income individuals, in various states. They offer outreach services, career coaching, counseling, training, and career placement to help these individuals rejoin the workforce. Employer services provide direct referrals of pre-screened and trained candidates, as well as customized employment training services.
Official website here: www.nationalable.org
Who is the CEO of National Able Network Inc?
Matt C Weis is the Board Chair of National Able Network Inc. The CEO's salary of National Able Network Inc is $166,841 and their total compensation is $173,515.
Official website here: www.nationalable.org
What is the revenue of National Able Network Inc?
National Able Network Inc's revenue in 2023 was $22,678,276.
Official website here: www.nationalable.org
Who are the executives of National Able Network Inc and what are their salaries?
The average compensation at National Able Network Inc during 2023 was $10,482. There are 1297 employees and 12 volunteers at National Able Network Inc.
Here are 17 key members and their salaries (National Able Network Inc's CEO's salary is $166,841 and their total compensation is $173,515):
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- Compensation: $259,197
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- Other: $10,368
- Compensation: $202,313
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- Other: $8,093
- Compensation: $166,841
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- Other: $6,674
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- Compensation: $131,230
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- Other: $5,249
- Compensation: $127,234
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- Other: $5,089
Official website here: www.nationalable.org
Where can I find the form 990 for National Able Network Inc?
National Able Network Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nationalable.org
Learn more at the official website: www.nationalable.org
Mission Statement of National Able Network Inc
National Able Network Inc, a notable organization, is dedicated to preparing communities for the future by offering education, employment, and opportunity. By leveraging their expertise, they empower individuals to improve their lives through sustainable employment and career advancement. The organization places a strong emphasis on lifelong learning, creating bridges between education, training, and career readiness, and between the workforce and economic development.
The mission of National Able Network Inc is to create employment and training opportunities for dislocated and disadvantaged workers, including veterans, older workers, and low-income individuals in several states. They achieve this goal by operating outreach, career coaching, counseling, training, and career placement services. The organization's employer services provide direct referrals of pre-screened and trained candidates, offering targeted hiring events and customized employment training services.
In essence, National Able Network Inc serves as a catalyst for change, providing a vital link between the workforce and the economy. They help individuals overcome barriers to employment and achieve self-sufficiency, ultimately improving the overall wellbeing of their communities. Through their comprehensive range of services, they are making a significant difference in the lives of those they serve.
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Impact
October, 2024
National Able Network Inc significantly impacts communities by enhancing employment opportunities and fostering self-sufficiency among disadvantaged individuals. By providing education, training, and career advancement resources, the organization empowers people to navigate the job market effectively and achieve sustainable employment.
The organization focuses on dislocated and disadvantaged workers, including veterans, older workers, and low-income individuals, ensuring they have access to crucial resources for their professional development. Through career coaching, counseling, and job placement services, National Able Network Inc builds bridges between education, training, and career readiness, addressing the evolving needs of both workers and employers.
Furthermore, the employer services offered—such as direct referrals of pre-screened candidates and customized training programs—benefit local businesses by connecting them with qualified talent. This creates a cycle of opportunity that strengthens the workforce and supports economic development, ultimately contributing to a more robust and resilient community.
This information is meant to be a general summary of National Able Network 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.
- Investment Income: $26,640
- Program Service Revenue: $927,701
- Gross Receipts: $22,678,276
Assets and Liabilities:
- Total Assets: $12,691,667
- Total Liabilities: $7,374,038
- Net Assets: $5,317,629
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER SERVICES
Revenue
$927,701
Organization Details
Founding Year
1976
Phone
(312) 994-4200Principal Officer
Matt C Weis
Main Address
567 W LAKE STREET SUITE 1150, CHICAGO, IL, 60661
Website
www.nationalable.orgIf you are a representative of National Able Network Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.