Overview
What is Business & Education Network Inc?
Business & Education Network Inc, headquartered in Lexington, Kentucky, at 330 East Main Street, is a nonprofit organization dedicated to addressing critical healthcare workforce shortages. They accomplish this by fostering a collaborative partnership between businesses, education institutions, and the community. Through their initiative, Lex Factor, they recruit talented individuals and connect them with local healthcare providers for a certified nursing assistant training course, ensuring immediate career placement upon completion. Their mission is to ensure a skilled workforce is readily available in Lexington, contributing positively to the healthcare sector in the area.
Official website here: www.benlexington.com
Is Business & Education Network Inc legitimate?
Business & Education Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business & Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,572
For more financial information, click here
Official website here: www.benlexington.com
What is the mission statement of Business & Education Network Inc?
Business & Education Network Inc was established with the objective of ensuring a readily available skilled workforce. This is achieved through a collaborative approach involving businesses, education institutions, and communities. The organization's mission is to bridge the gap between the job market and educational programs, thereby preparing individuals with the necessary skills for the workforce.
One of their key initiatives is Lex Factor, which aims to address critical workforce shortages, particularly in the healthcare sector. This program recruits talented individuals and connects them with local healthcare providers for a certified nursing assistant training course. Upon completion, these individuals secure immediate career placement, thereby addressing the workforce needs of the healthcare sector.
In essence, Business & Education Network Inc is committed to fostering a strong partnership between the business, education, and community sectors to ensure a skilled workforce, thereby driving economic growth and development.
Official website here: www.benlexington.com
What is the revenue of Business & Education Network Inc?
Business & Education Network Inc's revenue in 2023 was $198,164.
Official website here: www.benlexington.com
Who are the executives of Business & Education Network Inc and what are their salaries?
There 18 volunteers at Business & Education Network Inc.
Here are 16 key members and their salaries:
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- Compensation: $113,643
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- Other: $12,711
Official website here: www.benlexington.com
Where can I find the form 990 for Business & Education Network Inc?
Business & Education Network Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.benlexington.com
Learn more at the official website: www.benlexington.com
Mission Statement of Business & Education Network Inc
Business & Education Network Inc, abbreviated as BEN, was established with the mission to foster a collaborative partnership between businesses, education, and the community, with the primary goal of ensuring a readily available skilled workforce. The organization aims to bridge the gap between the needs of the workforce and the educational institutions, thereby addressing potential skill shortages.
BEN's mission is twofold. Firstly, it seeks to establish a harmonious collaboration between local businesses, educational institutions, and the community. By doing so, it intends to create an environment that can nurture and develop a skilled workforce, tailored to meet the specific demands of the region. Secondly, BEN focuses on addressing critical workforce shortages in key sectors, such as healthcare, by implementing initiatives like Lex Factor. This initiative recruits talented individuals and pairs them with local healthcare providers for a certified nursing assistant training course. Upon completion, these individuals are offered immediate career placement, thus addressing the workforce shortages in a proactive manner.
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Impact
October, 2024
Business & Education Network Inc significantly enhances the workforce landscape in Lexington, Kentucky, through its collaborative model that unites businesses, educational institutions, and community organizations. By focusing on the recruitment and training of healthcare talent, particularly through initiatives like LEX FACTOR, the organization addresses critical workforce shortages in the healthcare sector.
The LEX FACTOR initiative provides a pathway for aspiring candidates to receive certified nursing assistant training, immediately pairing them with local healthcare providers for career placement. This not only facilitates the professional development of individuals but also strengthens the healthcare system in Lexington by ensuring that facilities are staffed with well-trained professionals.
Furthermore, the organization's impact extends beyond immediate workforce needs; it fosters community improvement by promoting partnerships that enhance educational outcomes and provide opportunities for economic advancement within the region. Through these collaborative efforts, Business & Education Network Inc plays a vital role in creating a more skilled and resilient workforce, ultimately benefiting the entire Lexington community.
This information is meant to be a general summary of Business & Education 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: $20,990
- Gross Receipts: $198,164
Assets and Liabilities:
- Total Assets: $768,393
- Total Liabilities: $40,115
- Net Assets: $728,278
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Organization Details
Founding Year
1998
Principal Officer
Tucker Ballinger
Website
www.benlexington.comNTEE Category
Code: S30 - Community improvement
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