Overview
What is W E Upjohn Unemployment Trustee Corp?
W.E. Upjohn Unemployment Trustee Corp is a nonprofit organization based in Kalamazoo, Michigan, with a US address at 300 S Westnedge Avenue. Their primary focus is on employment and unemployment-related issues, conducting research to gain knowledge and devise methods to prevent and alleviate the hardships caused by unemployment. They also facilitate workforce development programs that connect job seekers, employers, training partners, and educators, ensuring a qualified workforce to meet the current and emerging needs of businesses and industries. The organization operates under the names "We Upjohn Institute for Employment Research" and "Upjohn Institute Center for Regional Economic & Community Development," employing a team of 139 individuals.
Official website here: www.upjohn.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The W E Upjohn Unemployment Trustee Corporation has achieved a high rating of 96%, which reflects exceptional accountability and financial practices. This rating is based solely on a single beacon score, demonstrating their strong performance in financial oversight, transparency, and governance. The organization showcases a fully independent board, which enhances its credibility and decision-making integrity.
Strengths highlighted in the assessment include their comprehensive conflict of interest and whistleblower policies, along with a clear document retention strategy. Furthermore, the organization has demonstrated a solid financial foundation with a low liabilities-to-assets ratio and a high percentage of program expenses, indicating that a significant portion of their funds directly supports their mission-related activities.
While the rating underscores the organization’s strong financial health and governance, no significant limitations or issues were noted in the data. This positive assessment positions the W E Upjohn Unemployment Trustee Corporation as a trustworthy nonprofit dedicated to effectively managing its resources for the benefit of its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is W E Upjohn Unemployment Trustee Corp legitimate?
W E Upjohn Unemployment Trustee Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. W E Upjohn Unemployment Trustee Corp 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: $1,200,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,771,212
For more financial information, click here
Official website here: www.upjohn.org/
What is the mission statement of W E Upjohn Unemployment Trustee Corp?
The W E Upjohn Unemployment Trustee Corporation is dedicated to investigating the causes and impacts of unemployment through research. The organization's ultimate goal is to devise effective methods for preventing and alleviating the distress and hardship brought about by unemployment. By gaining knowledge through research, the corporation aims to explore ways to insure against unemployment and create plans to accomplish these purposes. The board of trustees determines the feasibility of implementing these plans and devices to address unemployment and its associated challenges.
Official website here: www.upjohn.org/
Who is the CEO of W E Upjohn Unemployment Trustee Corp?
Michael Horrigan is the President of W E Upjohn Unemployment Trustee Corp.
Official website here: www.upjohn.org/
What is the revenue of W E Upjohn Unemployment Trustee Corp?
W E Upjohn Unemployment Trustee Corp's revenue in 2022 was $25,753,689.
Official website here: www.upjohn.org/
Who are the executives of W E Upjohn Unemployment Trustee Corp and what are their salaries?
The average compensation at W E Upjohn Unemployment Trustee Corp during 2022 was $71,739. There are 139 employees and 9 volunteers at W E Upjohn Unemployment Trustee Corp.
Here are 19 key members and their salaries:
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- Compensation: $170,561
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- Compensation: $315,546
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- Other: $60,224
- Compensation: $274,681
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- Other: $51,478
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- Compensation: $238,704
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- Other: $52,149
- Compensation: $225,827
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- Other: $35,375
- Compensation: $166,799
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- Other: $44,006
Official website here: www.upjohn.org/
Where can I find the form 990 for W E Upjohn Unemployment Trustee Corp?
W E Upjohn Unemployment Trustee Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.upjohn.org/
Learn more at the official website: www.upjohn.org/
Mission Statement of W E Upjohn Unemployment Trustee Corp
W E Upjohn Unemployment Trustee Corp is a nonprofit organization dedicated to investigating the root causes and impacts of unemployment. With a mission to alleviate the distress and hardship brought about by job loss, the corporation conducts thorough research in this area. The team at W E Upjohn Unemployment Trustee Corp goes beyond just studying the problem; they explore feasible methods to insure against unemployment and devise practical solutions to prevent and relieve the suffering it inflicts. By utilizing their extensive knowledge, the board of trustees designs and implements plans to accomplish their purpose. W E Upjohn Unemployment Trustee Corp serves as a beacon of hope for those affected by unemployment, applying their research findings to create effective strategies and tools to help mitigate the challenges of joblessness.
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Impact
October, 2024
W E Upjohn Unemployment Trustee Corp plays a significant role in addressing employment and unemployment issues through comprehensive research and workforce development initiatives. By studying policy-related matters surrounding unemployment, the organization equips itself with valuable insights that help prevent and mitigate the challenges caused by joblessness.
Their workforce development programs aim to bridge the gap between job seekers and employers, facilitating connections with training partners and educational institutions. This collaborative approach not only aids individuals in finding suitable career opportunities but also ensures that the workforce is prepared to meet the evolving needs of businesses.
Additionally, the organization's commitment to researching the causes and effects of unemployment is crucial for informing effective policies and practices. By investigating the feasibility of various unemployment insurance models and devising practical solutions, they contribute to the broader effort to alleviate the distress associated with unemployment, ultimately fostering economic stability and growth in the community.
This information is meant to be a general summary of W E Upjohn Unemployment Trustee Corp. 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.
- Investment Income: $8,755,982
- Program Service Revenue: $8,046,374
- Gross Receipts: $39,589,674
Assets and Liabilities:
- Total Assets: $228,309,174
- Total Liabilities: $9,149,284
- Net Assets: $219,159,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH PROJECTS
Revenue
$8,036,131
PUBLICATION SALES
Revenue
$5,336
Organization Details
Founding Year
1932
Phone
(269) 343-5541Principal Officer
Michael Horrigan
Main Address
300 S WESTNEDGE AVENUE, KALAMAZOO, MI, 49007
Website
www.upjohn.org/NTEE Category
Code: J220 - Employment
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