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Kentuckianaworks Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371508088 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Kentuckianaworks Foundation Inc?

Kentuckianaworks Foundation Inc, located in Louisville, Kentucky, serves as a supportive entity for the Greater Louisville Workforce Development Board, Inc. (also known as KentuckianaWorks). The foundation's mission is to financially aid and collaborate in various initiatives, with a primary focus on boosting the educational attainment levels of residents in the Louisville area, which includes Jefferson, Bullitt, Henry, Oldham, Spencer, Shelby, and Trimble counties. To accomplish this, they administer federal grants, private contributions, and manage programs related to workforce development and education. In essence, Kentuckianaworks Foundation Inc is dedicated to fostering educational growth and workforce development in the Louisville region.

Is Kentuckianaworks Foundation Inc legitimate?

Kentuckianaworks Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentuckianaworks Foundation 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: $0

For more financial information, click here

What is the mission statement of Kentuckianaworks Foundation Inc?

The Kentuckianaworks Foundation Inc's mission is centered around supporting and facilitating the activities of the Greater Louisville Workforce Development Board, specifically KentuckianaWorks. Their primary goal is to raise funds and coordinate efforts to encourage local residents to enhance their educational attainment levels. The foundation administers both federal grants and private contributions for workforce development, educational assistance, and related programs within the Jefferson, Bullitt, Henry, Oldham, Spencer, Shelby, and Trimble counties region. Their role also extends to promoting these initiatives financially or in other ways.

Who is the CEO of Kentuckianaworks Foundation Inc?

Michael Gritton is the Executive Director of Kentuckianaworks Foundation Inc.

What is the revenue of Kentuckianaworks Foundation Inc?

Kentuckianaworks Foundation Inc's revenue in 2022 was $1,762,717.

Who are the executives of Kentuckianaworks Foundation Inc and what are their salaries?

There 4 volunteers at Kentuckianaworks Foundation Inc.


Here are 6 key members and their salaries:


Michael Gritton (Executive Director)
  • Compensation: $0
  • Related: $107,610
  • Other: $39,490
Lori Hiser (Chief Financial And Admini)
  • Compensation: $0
  • Related: $75,512
  • Other: $12,196
Tom Quick (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Gwen Wheeler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Georges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Beard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kentuckianaworks Foundation Inc?

Kentuckianaworks Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kentuckianaworks Foundation Inc

Kentuckianaworks Foundation Inc, with a mission to promote and assist the activities of the Greater Louisville Workforce Development Board, aims to raise funds and coordinate efforts that encourage residents of Louisville and surrounding areas to improve their educational attainment levels. The foundation works in collaboration with KentuckianaWorks, providing financial support and coordinating initiatives that foster education advancement. By doing so, Kentuckianaworks Foundation Inc contributes to the development of a skilled workforce in Jefferson, Bullitt, Henry, Oldham, Spencer, Shelby, and Trimble Counties. The organization's ultimate goal is to enhance the region's economic growth and societal progress by empowering its residents with improved educational achievements.

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Impact




October, 2024

Kentuckianaworks Foundation Inc plays a pivotal role in enhancing workforce development and educational opportunities in the Greater Louisville region, encompassing Jefferson, Bullitt, Henry, Oldham, Spencer, Shelby, and Trimble counties. By administering federal grants and private contributions, the foundation supports various programs aimed at improving workforce skills and educational attainment.

Through its collaboration with the Greater Louisville Workforce Development Board, commonly known as Kentuckianaworks, the foundation promotes initiatives that empower residents to further their education. This not only contributes to individual growth but also fosters a more skilled workforce that meets the needs of local employers. By raising funds and coordinating efforts, Kentuckianaworks Foundation Inc significantly impacts the community's economic development and social mobility.

Overall, the foundation's work directly influences the region's educational landscape and workforce readiness, leading to sustainable growth and improved quality of life for its residents.




This information is meant to be a general summary of Kentuckianaworks Foundation 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.

Revenue
$1,762,717 (2022)
Expenses
$1,261,705 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30
  • Gross Receipts: $1,762,717

Assets and Liabilities:

  • Total Assets: $3,597,898
  • Total Liabilities: $1,266,800
  • Net Assets: $2,331,098

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Organization Details

Founding Year

2005

Principal Officer

Michael Gritton

Main Address

410 W CHESTNUT STREET 200, LOUISVILLE, KY, 40202

NTEE Category

Code: B11 - Education

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