Overview
What is The Center Of Workforce Innovations Inc?
The Center of Workforce Innovations Inc, located at 2804 Boilermaker Court NE, Valparaiso, IN 46383, is a nonprofit organization dedicated to addressing the workforce needs of Jasper, Lake, Laporte, Newton, Porter, Pulaski, and Starkes counties in Indiana. With a team of 125 employees, they provide training programs aimed at enhancing basic skills, work readiness, and occupational attainment for 953 adult participants. Their mission extends beyond individual development, aiming to catalyze community and business investment, build aligning workforce, education, and economic development strategies, and accelerate economic growth for regions and states.
Official website here: www.cwicorp.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Center of Workforce Innovations Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial management. The organization's score is based entirely on its Accountability & Finance metrics, which indicates a strong commitment to transparency and responsible financial practices.
Strengths of the organization include a fully independent board and high scores in financial oversight and program expense ratios, demonstrating effective allocation of resources towards its mission. The charity has policy frameworks in place for conflict of interest, whistleblower protections, and document retention, which contribute to its strong governance structure.
However, the Center's liabilities to assets ratio is noted at 61.80%, which may raise some concerns regarding financial stability. While the overall financial health appears robust, this specific ratio could suggest a need for closer monitoring of debt levels relative to its assets. Overall, the organization shows a commitment to accountability and effective use of funds, but potential donors may want to consider the implications of its financial ratios.
This AI summary has been generated from information found on Charity Navigator.
Is The Center Of Workforce Innovations Inc legitimate?
The Center Of Workforce Innovations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center Of Workforce Innovations 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: $538,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,723,084
For more financial information, click here
Official website here: www.cwicorp.com
What is the mission statement of The Center Of Workforce Innovations Inc?
The Center of Workforce Innovations Inc is dedicated to facilitating the alignment of workforce, education, and economic development strategies. Its mission is to act as a catalyst for community and business investment, accelerating economic growth for regions and states. The organization focuses on assisting in the training and employment needs of both workers and employers. Through various programs, they have provided training to enhance the basic skills, work readiness, and occupational attainment of 953 adult participants.
Official website here: www.cwicorp.com
Who is the CEO of The Center Of Workforce Innovations Inc?
Lisa Daugherty is the CEO of The Center Of Workforce Innovations Inc The CEO's salary of The Center Of Workforce Innovations Inc is $192,262 and their total compensation is $192,363.
Official website here: www.cwicorp.com
What is the revenue of The Center Of Workforce Innovations Inc?
The Center Of Workforce Innovations Inc's revenue in 2023 was $16,535,508.
Official website here: www.cwicorp.com
Who are the executives of The Center Of Workforce Innovations Inc and what are their salaries?
The average compensation at The Center Of Workforce Innovations Inc during 2023 was $37,583. There are 140 employees and 2 volunteers at The Center Of Workforce Innovations Inc.
Here are 11 key members and their salaries (The Center Of Workforce Innovations Inc's CEO's salary is $192,262 and their total compensation is $192,363):
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- Compensation: $192,262
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- Other: $101
- Compensation: $130,806
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- Compensation: $112,309
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- Other: $17
- Compensation: $103,048
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- Other: $41
Official website here: www.cwicorp.com
Where can I find the form 990 for The Center Of Workforce Innovations Inc?
The Center Of Workforce Innovations Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cwicorp.com
Learn more at the official website: www.cwicorp.com
Mission Statement of The Center Of Workforce Innovations Inc
The Center of Workforce Innovations Inc is a catalyst for community and business investment, focusing on building and aligning workforce, education, and economic development strategies. In simpler terms, this nonprofit organization plays a crucial role in accelerating economic growth for regions and states by addressing the training and employment needs of both workers and employers.
By providing training programs, The Center of Workforce Innovations Inc aims to increase the attainment of basic skills, work readiness, and occupational advancement for 953 adult participants. This commitment to workforce development is a significant contribution to the economic well-being of various communities in Indiana.
The Center of Workforce Innovations Inc serves multiple counties, including Jasper, Lake, Laporte, Newton, Porter, Pulaski, and Starkes. Its mission extends beyond just providing training; it is about creating a strong workforce that drives economic growth. Through its efforts, the organization is not only helping individuals secure employment but also contributing to the overall economic development of the regions it serves.
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Impact
October, 2024
The Center of Workforce Innovations Inc significantly impacts the workforce landscape in Jasper, Lake, LaPorte, Newton, Porter, Pulaski, and Starke Counties in Indiana by addressing the training and employment needs of both workers and employers. Through programs like WIOA Adult, they have successfully provided training to enhance basic skills and occupational attainment for 953 adult participants. This effort not only increases individual employability but also aligns workforce skills with the needs of local businesses.
By acting as a catalyst for community and business investment, the Center fosters collaboration between workforce development, education, and economic growth strategies, ultimately accelerating regional economic development. Their commitment to improving community conditions plays a crucial role in enhancing the overall quality of life for residents while supporting local economies.
This information is meant to be a general summary of The Center Of Workforce Innovations 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: $1,216
- Gross Receipts: $16,535,508
Assets and Liabilities:
- Total Assets: $2,958,255
- Total Liabilities: $1,687,445
- Net Assets: $1,270,810
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Organization Details
Founding Year
2000
Principal Officer
Lisa Daugherty
Website
www.cwicorp.comNTEE Category
Code: S31 - Community improvement
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