Overview
What is Southeast Indiana Workforce Investment Board?
The Southeast Indiana Workforce Investment Board is a nonprofit organization situated in Lawrenceburg, Indiana, specifically at 500 Industrial Drive 1305, with a team of four dedicated individuals. Their primary mission is to offer job services to a diverse range of individuals in Southeast Indiana, including youth, those out of work, and disadvantaged individuals. The organization provides various types of job training and development, job advancement programs, and job placement assistance to help these individuals overcome employment barriers and improve their livelihoods.
What are the reviews and ratings of this charity?
77% rating from Charity Navigator indicates that the Southeast Indiana Workforce Investment Board has achieved a Three-Star out of Four Star rating, reflecting a moderate level of accountability and financial performance. This score is based solely on the Accountability & Finance category, highlighting the organization's strong governance and financial practices.
The organization boasts a perfect score for having a majority of independent board members and an effective audit committee, showcasing its commitment to transparency and accountability. Additionally, it maintains a high program expense ratio, indicating that a significant portion of its funds is directed towards its mission-oriented programs.
However, there are some limitations noted, particularly the missing whistleblower policy, which may raise concerns about internal reporting practices. Furthermore, the liabilities to assets ratio is relatively high, suggesting potential financial risk. Overall, while the Southeast Indiana Workforce Investment Board demonstrates solid financial integrity, addressing its governance gaps could enhance its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Indiana Workforce Investment Board legitimate?
Southeast Indiana Workforce Investment Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Indiana 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: $92,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,292
For more financial information, click here
What is the mission statement of Southeast Indiana Workforce Investment Board?
The Southeast Indiana Workforce Investment Board is committed to offering job services to various youth, unemployed, and disadvantaged individuals in the region. Their mission is achieved through a range of job training and development programs, job advancement initiatives, and job placement assistance. The organization aims to equip individuals with the necessary skills and resources to secure and advance in their careers. By providing these services, the Southeast Indiana Workforce Investment Board aims to contribute to the overall economic growth and development of the workforce in the area.
Who is the CEO of Southeast Indiana Workforce Investment Board?
Patti Yount is the Chairman of Southeast Indiana Workforce Investment Board.
What is the revenue of Southeast Indiana Workforce Investment Board?
Southeast Indiana Workforce Investment Board's revenue in 2022 was $4,594,006.
Who are the executives of Southeast Indiana Workforce Investment Board and what are their salaries?
The average compensation at Southeast Indiana Workforce Investment Board during 2022 was $61,756. There are 4 employees at Southeast Indiana Workforce Investment Board.
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Where can I find the form 990 for Southeast Indiana Workforce Investment Board?
Southeast Indiana Workforce Investment Board's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southeast Indiana Workforce Investment Board
The Southeast Indiana Workforce Investment Board is dedicated to providing job services for a diverse range of youth, individuals who are out of work, and those facing disadvantages. Their mission encompasses various types of job training and development, job advancement programs, and job placement assistance. The organization aims to empower these individuals, equipping them with the necessary skills and resources to secure and progress in their professional careers. By offering these comprehensive services, the Southeast Indiana Workforce Investment Board plays a significant role in fostering employment opportunities and promoting economic growth within their community.
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Impact
October, 2024
The Southeast Indiana Workforce Investment Board significantly impacts the community by providing essential job services tailored to youth, out-of-work individuals, and those facing disadvantages in Southeast Indiana. Their comprehensive approach includes various types of job training and development programs that equip participants with the necessary skills to thrive in the workforce.
Additionally, the board facilitates job advancement programs that encourage career growth and progression, enhancing individuals' opportunities for sustainable employment. With targeted job placement assistance, they help connect job seekers with potential employers, effectively reducing unemployment rates and fostering economic growth in the region. Through these efforts, the Southeast Indiana Workforce Investment Board plays a crucial role in empowering individuals and strengthening the local economy.
This information is meant to be a general summary of Southeast Indiana 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: $4,594,006
Assets and Liabilities:
- Total Assets: $1,136,430
- Total Liabilities: $957,975
- Net Assets: $178,455
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Organization Details
Founding Year
2002
Phone
(812) 314-8568Principal Officer
Patti Yount
Main Address
500 INDUSTRIAL DRIVE 1305, LAWRENCEBURG, IN, 47025
NTEE Category
Code: J20 - Employment
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