Overview
What is Southwest Wisconsin Workforce Development Board Inc?
Southwest Wisconsin Workforce Development Board Inc is a nonprofit organization situated in Platteville, Wisconsin. Their primary mission is to establish a cooperative talent development system within their region. Through the FoodShare Employment and Training (FSET) program, they assist individuals in preparing for the workforce. The aim is to help them secure and maintain sustainable employment, thereby allowing them to continue receiving their FoodShare benefits or become self-sufficient without relying on them. In the previous year, the Southwest Wisconsin Workforce Development Board served 415 participants through this program. The organization employs 125 individuals, contributing to the region's talent development.
Official website here: www.swwdb.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% (Four-Star out of Four Star rating).
Southwest Wisconsin Workforce Development Board Inc has achieved an impressive Four-Star rating, reflecting exceptional performance in accountability and finance. The organization scored a perfect 100% in this category, demonstrating a strong commitment to transparency, governance, and effective use of resources. Key strengths include an entirely independent board and adherence to best practices in financial reporting and oversight.
The organization's financial health is further highlighted by its low liabilities to assets ratio of 45.55% and an impressive program expense ratio of 91.83%. This indicates that a significant majority of its resources are directed toward its programs rather than administrative costs, reinforcing its effectiveness in achieving its mission of workforce development in the region.
While the organization demonstrates strong operational practices and financial integrity, there are no specific limitations mentioned in the available data. This comprehensive scoring serves to inspire confidence in stakeholders regarding the nonprofit's ability to manage funds responsibly and to achieve its objectives effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Wisconsin Workforce Development Board Inc legitimate?
Southwest Wisconsin Workforce Development Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Wisconsin Workforce Development Board 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: $128,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,406,706
For more financial information, click here
Official website here: www.swwdb.org
What is the mission statement of Southwest Wisconsin Workforce Development Board Inc?
The Southwest Wisconsin Workforce Development Board Inc's mission is to establish a collaborative talent development system within its region. This system aims to prepare individuals for employment, with the ultimate goal of helping them secure and maintain viable, self-sustaining jobs. By doing so, individuals may continue to be eligible for food share benefits or ultimately wean themselves off these benefits altogether. The Board served 415 participants during the year through their Foodshare Employment and Training (FSET) program.
Official website here: www.swwdb.org
Who is the CEO of Southwest Wisconsin Workforce Development Board Inc?
Rhonda Suda is the Chair of Southwest Wisconsin Workforce Development Board Inc. The CEO's salary of Southwest Wisconsin Workforce Development Board Inc is $86,333 and their total compensation is $125,960.
Official website here: www.swwdb.org
What is the revenue of Southwest Wisconsin Workforce Development Board Inc?
Southwest Wisconsin Workforce Development Board Inc's revenue in 2022 was $5,444,761.
Official website here: www.swwdb.org
Who are the executives of Southwest Wisconsin Workforce Development Board Inc and what are their salaries?
The average compensation at Southwest Wisconsin Workforce Development Board Inc during 2022 was $20,284. There are 125 employees and 25 volunteers at Southwest Wisconsin Workforce Development Board Inc.
Here are 26 key members and their salaries (Southwest Wisconsin Workforce Development Board Inc's CEO's salary is $86,333 and their total compensation is $125,960):
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- Compensation: $86,333
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- Other: $39,627
Official website here: www.swwdb.org
Where can I find the form 990 for Southwest Wisconsin Workforce Development Board Inc?
Southwest Wisconsin Workforce Development Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swwdb.org
Learn more at the official website: www.swwdb.org
Mission Statement of Southwest Wisconsin Workforce Development Board Inc
Southwest Wisconsin Workforce Development Board Inc is committed to establishing a collaborative talent development system within its region. This mission encompasses the organization's goal of fostering a coordinated approach to preparing individuals for the workforce. By providing services through the FoodShare Employment and Training (FSET) program, the Board aims to help individuals acquire the skills necessary to secure and maintain viable employment. This in turn allows them to either continue receiving their Food Share benefits or become self-sufficient, thereby eliminating their dependence on these benefits. In the process, Southwest Wisconsin Workforce Development Board Inc served 415 participants during the year, demonstrating its commitment to its mission.
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Impact
July, 2024
The impact of Southwest Wisconsin Workforce Development Board Inc is significant in providing a collaborative talent development system within the region. Through its FoodShare Employment and Training (FSET) program, the organization prepares individuals for the world of work, with the goal of helping them obtain and maintain viable, self-sustaining employment. This not only allows participants to remain eligible for their Food Share benefits but also helps them transition away from such assistance altogether. In a recent year, Southwest Wisconsin Workforce Development Board served 415 participants, thereby making a tangible difference in the lives of individuals seeking employment opportunities and economic stability.
This information is meant to be a general summary of Southwest Wisconsin Workforce Development Board 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 2022.
- Investment Income: $791
- Program Service Revenue: $337,014
- Gross Receipts: $5,444,761
Assets and Liabilities:
- Total Assets: $2,202,636
- Total Liabilities: $853,329
- Net Assets: $1,349,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$337,014
Organization Details
Founding Year
1983
Phone
(608) 314-3300Principal Officer
Rhonda Suda
Main Address
PO BOX 656, PLATTEVILLE, WI, 538180656
Website
www.swwdb.orgNTEE Category
Code: W20 - Public benefit
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