Overview
What is Finger Lakes Workforce Investment Board?
The Finger Lakes Workforce Investment Board is a nonprofit organization situated in Geneva, New York, specifically at 30 Elm Street 104. Their primary mission is to enhance the economic well-being of job seekers and employers within their region, which includes Ontario, Seneca, Wayne, and Yates Counties in New York State. They strive to achieve this goal by aligning human potential with available opportunities in the workplace. The Board seeks to improve employment retention and earnings, as well as enhance the educational and occupational skill attainment of participants in the Workforce Innovation and Opportunity Act (WIOA). Serving 756 individuals, the Board aims to reduce welfare dependency and boost national productivity and competitiveness. With a team of 9 dedicated employees, the Finger Lakes Workforce Investment Board plays a vital role in strengthening the local workforce.
Official website here: www.fingerlakesworks.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Finger Lakes Workforce Investment Board has achieved a commendable 92% rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization boasts an independent board comprised of 100% independent members and has received full marks for its audit and oversight practices, indicating a robust governance structure.
Strengths include a high program expense ratio of 91.56%, showcasing a significant portion of their budget dedicated to their mission-related activities. The organization also adheres to best practices in governance, evidenced by its comprehensive policies on conflict of interest, whistleblower protection, and document retention.
However, while the organization performs well in many areas, it has room for improvement in its liabilities to assets ratio, currently at 55.22%. This figure suggests a moderate level of debt relative to its assets, which could warrant further attention to ensure long-term financial sustainability. Overall, the organization demonstrates strong performance in financial transparency and governance, making it a trustworthy entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Finger Lakes Workforce Investment Board legitimate?
Finger Lakes Workforce Investment Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finger Lakes Workforce Investment Board 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: $104,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,695
For more financial information, click here
Official website here: www.fingerlakesworks.com
What is the mission statement of Finger Lakes Workforce Investment Board?
The Finger Lakes Workforce Investment Board is dedicated to enhancing the economic well-being of job seekers and employers in their region. This is accomplished by aligning human potential with opportunities in the workplace for the residents of Ontario, Seneca, Wayne, and Yates Counties in New York. Their mission involves improving employment retention and earnings for WIOA dislocated workers, aiming to boost their educational and occupational skill acquisition. This ultimate goal is to improve the quality of the workforce, reduce welfare dependency, and enhance national productivity and competitiveness, as demonstrated by serving 756 individuals.
Official website here: www.fingerlakesworks.com
Who is the CEO of Finger Lakes Workforce Investment Board?
Lynn Freid is the Chair of Finger Lakes Workforce Investment Board.
Official website here: www.fingerlakesworks.com
What is the revenue of Finger Lakes Workforce Investment Board?
Finger Lakes Workforce Investment Board's revenue in 2022 was $1,741,472.
Official website here: www.fingerlakesworks.com
Who are the executives of Finger Lakes Workforce Investment Board and what are their salaries?
The average compensation at Finger Lakes Workforce Investment Board during 2022 was $40,975. There are 9 employees and 32 volunteers at Finger Lakes Workforce Investment Board.
Here are 33 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $88,195
- Related: $0
- Other: $15,887
Official website here: www.fingerlakesworks.com
Where can I find the form 990 for Finger Lakes Workforce Investment Board?
Finger Lakes Workforce Investment Board's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fingerlakesworks.com
Learn more at the official website: www.fingerlakesworks.com
Mission Statement of Finger Lakes Workforce Investment Board
The Finger Lakes Workforce Investment Board is committed to enhancing the economic prosperity of job seekers and employers within its region. Specifically, it aims to align human potential with opportunities in the workplace for the residents of Ontario, Seneca, Wayne, and Yates counties in New York. To achieve this mission, the organization focuses on the WIOA Dislocated Workers program, which strives to boost employment retention and earnings among WIA participants, while also improving their educational and occupational skill attainment. This initiative ultimately aims to enhance the quality of the workforce, decrease welfare dependence, and boost national productivity and competitiveness, as evidenced by its successful service of 756 individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Finger Lakes Workforce Investment Board significantly enhances the economic well-being of job seekers and employers across Ontario, Seneca, Wayne, and Yates Counties in New York. By aligning the skills of the workforce with local job opportunities, the organization plays a crucial role in boosting employment retention and earnings among its participants.
Through targeted programs, it not only aids individuals in acquiring essential educational and occupational skills but also focuses on reducing welfare dependency, thereby increasing the overall quality of the workforce. With a direct impact on the economic landscape, the Board has already served 756 dislocated workers, contributing to a more productive and competitive regional economy.
This information is meant to be a general summary of Finger Lakes Workforce Investment Board. 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: $1,741,472
Assets and Liabilities:
- Total Assets: $371,639
- Total Liabilities: $308,990
- Net Assets: $62,649
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Phone
(315) 789-3131Principal Officer
Lynn Freid
Main Address
30 ELM STREET 104, GENEVA, NY, 14456
Website
www.fingerlakesworks.comNTEE Category
Code: J20 - Employment
If you are a representative of Finger Lakes Workforce Investment Board 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.