Overview
What is Corporation For A Skilled Workforce?
The Corporation for a Skilled Workforce is a nonprofit organization situated in Hartland, Michigan. Their primary objective is to catalyze transformation in education, economic, and workforce development by conducting research and taking action. They aim to enhance labor market mobility for workers, ensuring quality hiring and advancement within companies, and promoting clear outcomes from educational programs. The corporation strives to establish competencies as a common language or currency among learners, educators, and employers, thereby increasing alignment between job requirements and educational programs. With a dedicated workforce of 20 individuals, the Corporation for a Skilled Workforce aims to reimagine work and learning as a means to boost economic opportunity and sustainable prosperity for vulnerable communities, companies, and individuals.
Official website here: www.skilledwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
The Corporation For A Skilled Workforce has received a solid Three-Star rating from Charity Navigator, which reflects a reliable level of accountability and financial health. With an overall score of 85%, the organization demonstrates strong governance practices, including a board composed entirely of independent members and a high program expense ratio of nearly 87%. These factors indicate effective management and a commitment to utilizing funds primarily for its programs.
Among the organization's strengths, it excels in transparency and ethical conduct, with comprehensive policies in place such as conflict of interest and whistleblower policies. The availability of financial statements and board meeting minutes further enhances its credibility. The absence of material asset diversions also signifies sound financial practices.
While the score showcases the organization's strengths, it may suggest areas for continued focus on enhancing its outreach and program effectiveness. The single beacon score means that a broader range of operational metrics is not assessed, which could provide a more rounded view of its overall impact. Nonetheless, the high accountability score is a positive indicator for potential donors and stakeholders looking for transparency in nonprofit operations.
This AI summary has been generated from information found on Charity Navigator.
Is Corporation For A Skilled Workforce legitimate?
Corporation For A Skilled Workforce is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corporation For A Skilled Workforce 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: $367,361
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,299,522
For more financial information, click here
Official website here: www.skilledwork.org
What is the mission statement of Corporation For A Skilled Workforce?
The Corporation for a Skilled Workforce aims to catalyze transformative change in education, economic, and workforce development nationwide. They accomplish this through research and action. The organization is dedicated to reimagining work and learning as a means to increase economic opportunity and sustainable prosperity for vulnerable individuals, companies, and communities. They work with partners to enhance the use of competencies, improving labor market mobility for workers, promoting quality hiring and advancement within companies, and ensuring clear outcomes from educational programs aligned with job requirements. The goal is to establish competencies as a common language or currency among learners, workers, educators, and employers.
Official website here: www.skilledwork.org
Who is the CEO of Corporation For A Skilled Workforce?
Kysha Frazier is the Member of Corporation For A Skilled Workforce. The CEO's salary of Corporation For A Skilled Workforce is $160,098 and their total compensation is $166,132.
Official website here: www.skilledwork.org
What is the revenue of Corporation For A Skilled Workforce?
Corporation For A Skilled Workforce's revenue in 2022 was $3,135,908.
Official website here: www.skilledwork.org
Who are the executives of Corporation For A Skilled Workforce and what are their salaries?
The average compensation at Corporation For A Skilled Workforce during 2022 was $83,344. There are 20 employees and 12 volunteers at Corporation For A Skilled Workforce.
Here are 19 key members and their salaries (Corporation For A Skilled Workforce's CEO's salary is $160,098 and their total compensation is $166,132):
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- Compensation: $53,460
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- Other: $11,234
- Compensation: $125,982
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- Other: $10,553
- Compensation: $160,098
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- Other: $6,034
- Compensation: $125,985
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- Other: $15,178
- Compensation: $108,148
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- Other: $4,312
- Compensation: $116,170
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- Other: $20,842
- Compensation: $120,983
- Related: $0
- Other: $16,368
Official website here: www.skilledwork.org
Where can I find the form 990 for Corporation For A Skilled Workforce?
Corporation For A Skilled Workforce's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skilledwork.org
Learn more at the official website: www.skilledwork.org
Mission Statement of Corporation For A Skilled Workforce
The Corporation for a Skilled Workforce is committed to catalyzing transformative change in education, economic, and workforce development on a national scale. This nonprofit organization aims to achieve this goal through research and action. Dedicated to reimagining work and learning as means to increase economic opportunity and sustainable prosperity for vulnerable people, companies, and communities, the Corporation for a Skilled Workforce focuses on expanding the use of competencies.
Working in collaboration with partners, the Corporation for a Skilled Workforce utilizes analytical tools to promote the use of competencies. This strategy aims to improve labor market mobility for workers, enhance quality hiring and advancement within companies, and ensure understandable outcomes from educational programs. The ultimate goal is to establish competencies as a common language or currency among learners, workers, educators, and employers. By doing so, the Corporation for a Skilled Workforce seeks to foster a more aligned and effective education-to-employment pipeline.
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Impact
July, 2024
The Corporation For A Skilled Workforce is catalyzing transformative change in education, economic, and workforce development. By expanding the use of competencies as a common language and currency among learners, workers, educators, and employers, CSW is improving labor market mobility, enhancing quality hiring and advancement within companies, and aligning educational programs with job requirements. Through research and action, this organization is dedicated to reimagining work and learning to increase economic opportunity and sustainable prosperity for vulnerable individuals, businesses, and communities nationwide.
This information is meant to be a general summary of Corporation For A Skilled Workforce. 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: $2,296
- Program Service Revenue: $2,069,760
- Gross Receipts: $3,135,908
Assets and Liabilities:
- Total Assets: $2,080,686
- Total Liabilities: $2,050,807
- Net Assets: $29,879
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND CONTRACTS
Revenue
$2,069,760
Organization Details
Founding Year
1991
Phone
(734) 769-2900Principal Officer
Kysha Frazier
Main Address
PO BOX 17, HARTLAND, MI, 48353
Website
www.skilledwork.orgNTEE Category
Code: B64Z - Education
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