Overview
What is Western Indiana Workforce Investment Board Inc?
Western Indiana Workforce Investment Board Inc is a nonprofit organization located at 630 WABASH AVENUE 205, Terre Haute, IN 47807. Their primary mission is to support economically disadvantaged individuals, including adults, youth, and dislocated workers, in Clay, Parke, Putnam, Sullivan, Vermillion, and Vigo Counties, as per federal and state regulations. By operating as a "WorkOne," they structure an integrated workforce investment system that responds to the employment needs of their customers, including current and unemployed workers, laid-off individuals, and employers. Their activities include providing training and placement services to help participants secure employment. With a team of 7 dedicated employees, Western Indiana Workforce Investment Board Inc is committed to enhancing workforce development in their designated service delivery area.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Western Indiana Workforce Investment Board Inc has received an 81% rating, reflecting a strong performance in accountability and finance. This score is entirely based on its accountability measures, indicating that the organization has solid governance practices in place. The board is entirely independent, and the organization has a comprehensive set of policies to ensure transparency and ethical conduct.
One of the standout features of this organization is its impressive program expense ratio of 92.41%, which suggests that a significant majority of its resources are directed towards its programs rather than administrative costs. The organization has also established robust oversight mechanisms, including an audit committee and documented meeting minutes, which further enhance its credibility.
While the organization demonstrates significant strengths in governance and financial practices, the single beacon score means potential donors may want to consider additional aspects of its program effectiveness and community impact. Overall, this rating emphasizes the organization's commitment to accountability, making it a trustworthy option for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Western Indiana Workforce Investment Board Inc legitimate?
Western Indiana Workforce Investment Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Indiana Workforce Investment Board 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: $89,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,174
For more financial information, click here
What is the mission statement of Western Indiana Workforce Investment Board Inc?
The Western Indiana Workforce Investment Board Inc., as part of its mission, establishes an integrated workforce investment system. This system is designed to cater to the employment needs of various segments of their customer base, including current and unemployed workers, laid-off individuals, and new entrants. Moreover, employers in Clay, Parke, Putnam, Sullivan, Vermillion, and Vigo counties also benefit from this system. The primary objective is to structure this system in a way that effectively addresses the employment requirements of all these entities.
Who is the CEO of Western Indiana Workforce Investment Board Inc?
Lisa Lee is the Secretary/Treasurer of Western Indiana Workforce Investment Board Inc.
What is the revenue of Western Indiana Workforce Investment Board Inc?
Western Indiana Workforce Investment Board Inc's revenue in 2022 was $2,848,952.
Who are the executives of Western Indiana Workforce Investment Board Inc and what are their salaries?
The average compensation at Western Indiana Workforce Investment Board Inc during 2022 was $40,840. There are 7 employees at Western Indiana Workforce Investment Board Inc.
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Where can I find the form 990 for Western Indiana Workforce Investment Board Inc?
Western Indiana Workforce Investment Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Western Indiana Workforce Investment Board Inc
Western Indiana Workforce Investment Board, Inc. is committed to fulfilling the roles and responsibilities of a "WORKONE" by establishing an integrated workforce investment system. This system is designed to address the employment needs of various customer groups, including current and unemployed workers, laid-off individuals, new entrants, and employers. By structuring this system, the organization aims to serve the employment requirements of individuals and businesses across Clay, Parke, Putnam, Sullivan, Vermillion, and Vigo counties. In essence, the mission of Western Indiana Workforce Investment Board, Inc. is to facilitate employment opportunities and foster a responsive workforce investment system within its operational area.
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Impact
October, 2024
Western Indiana Workforce Investment Board Inc significantly impacts the local economy by providing essential workforce development services across several counties, including Clay, Parke, Putnam, Sullivan, Vermillion, and Vigo. By structuring an integrated workforce investment system, the organization addresses the diverse employment needs of current and unemployed workers, including those who are economically disadvantaged, laid off, or new entrants to the job market.
Through its adult, youth, and dislocated worker training programs, the board facilitates effective job placement for participants, enabling them to gain the skills and resources necessary to secure employment. This emphasis on training and placement not only empowers individuals by enhancing their employability but also supports employers by ensuring they have access to a skilled workforce that meets their operational demands.
Overall, the Western Indiana Workforce Investment Board Inc plays a critical role in fostering economic resilience and growth in the region, contributing to a more skilled labor force and a robust job market.
This information is meant to be a general summary of Western Indiana Workforce Investment Board 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 2022.
- Gross Receipts: $2,848,952
Assets and Liabilities:
- Total Assets: $630,763
- Total Liabilities: $385,586
- Net Assets: $245,177
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Organization Details
Founding Year
2000
Phone
(812) 238-5616Principal Officer
Lisa Lee
Main Address
630 WABASH AVENUE 205, TERRE HAUTE, IN, 47807
NTEE Category
Code: J22 - Employment
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