Overview
What is North Central Wisconsin Workforce Development Board?
The North Central Wisconsin Workforce Development Board is a nonprofit organization situated in Stevens Point, Wisconsin. With a team of nine dedicated individuals, their primary mission is to foster and maintain a skilled workforce that aligns with the evolving requirements of local employers, thereby contributing to economic growth in a competitive global market. The board accomplishes this by administering funds under the Workforce Innovation and Opportunity Act (WIOA) in the North Central Wisconsin region. Their services encompass offering training and education funding, along with support and case management services, to eligible participants during the fiscal year concluding on June 30th.
Official website here: www.ncwwdb.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator indicates that the North Central Wisconsin Workforce Development Board is performing at a high level in terms of accountability and financial management. The organization has achieved a Four-Star out of Four Star rating, which reflects its commitment to transparency and responsible stewardship of funds.
One of the major strengths of this nonprofit is its governance structure, with 100% of its board members being independent. The organization scores perfectly in several key accountability measures, including financial statements, conflict of interest policies, and oversight practices. Additionally, a strong program expense ratio of 90.67% suggests that the majority of its funding is directed toward its mission-related activities.
While the organization demonstrates excellent financial health and governance, as indicated by a low liabilities to assets ratio of 29.75%, the summary does not note any significant limitations or areas for improvement. Overall, the North Central Wisconsin Workforce Development Board stands out as a well-managed organization focused on its workforce development mission.
This AI summary has been generated from information found on Charity Navigator.
Is North Central Wisconsin Workforce Development Board legitimate?
North Central Wisconsin Workforce Development Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Central Wisconsin Workforce Development 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: $107,003
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,766
For more financial information, click here
Official website here: www.ncwwdb.org
What is the mission statement of North Central Wisconsin Workforce Development Board?
The North Central Wisconsin Workforce Development Board's mission is to spearhead, encourage, and maintain the evolution of a skilled and competitive workforce that caters to the evolving needs of local employers. This mission is instrumental in fostering economic growth in a global market. In pursuit of this goal, the board administers funds under the Workforce Innovation and Opportunity Act (WIOA) within the North Central Wisconsin Workforce Development Area. The board's services encompass providing financial support for training and education, as well as offering case management assistance to eligible individuals during the fiscal year ending in June 2022.
Official website here: www.ncwwdb.org
Who is the CEO of North Central Wisconsin Workforce Development Board?
Jane Spencer is the Executive Director of North Central Wisconsin Workforce Development Board.
Official website here: www.ncwwdb.org
What is the revenue of North Central Wisconsin Workforce Development Board?
North Central Wisconsin Workforce Development Board's revenue in 2022 was $2,466,705.
Official website here: www.ncwwdb.org
Who are the executives of North Central Wisconsin Workforce Development Board and what are their salaries?
The average compensation at North Central Wisconsin Workforce Development Board during 2022 was $45,752. There are 9 employees and 25 volunteers at North Central Wisconsin Workforce Development Board.
Here are 26 key members and their salaries:
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Official website here: www.ncwwdb.org
Where can I find the form 990 for North Central Wisconsin Workforce Development Board?
North Central Wisconsin Workforce Development Board's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncwwdb.org
Learn more at the official website: www.ncwwdb.org
Mission Statement of North Central Wisconsin Workforce Development Board
The North Central Wisconsin Workforce Development Board, in its mission, strives to guide, encourage, and maintain the growth of a competent workforce that caters to the evolving needs of regional employers within a global economic landscape. This nonprofit organization aims to achieve this by administering funds under the Workforce Innovation and Opportunity Act (WIOA) in its designated area. By doing so, the North Central Wisconsin Workforce Development Board seeks to foster a workforce that is not only skilled but also adaptable, thereby promoting economic growth and expansion in the region. The organization's services encompass the provision of training and educational funding, as well as offering support and case management assistance to eligible participants, during the fiscal year that concluded on June 30, 2022.
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Impact
July, 2024
The North Central Wisconsin Workforce Development Board plays a crucial role in administering Workforce Innovation and Opportunity Act (WIOA) funds in the North Central Wisconsin Workforce Development Area. Through providing training and education funding, as well as support and case management services to eligible participants, the board contributes to the development and retention of a skilled, competitive workforce. This work not only meets the changing needs of regional employers but also promotes economic growth in a global economy. The impact of the board's activities is evident in the increased employment opportunities and improved workforce readiness within the region.
This information is meant to be a general summary of North Central Wisconsin Workforce Development 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.
- Program Service Revenue: $11,382
- Gross Receipts: $2,466,705
Assets and Liabilities:
- Total Assets: $992,647
- Total Liabilities: $189,751
- Net Assets: $802,896
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Job Fairs - Conferences
Revenue
$4,363
Work Permits
Revenue
$210
Furniture Rental
Revenue
$5,809
Workkeys testing
Revenue
$1,000
Organization Details
Founding Year
1984
Phone
(715) 204-1640Principal Officer
Jane Spencer
Main Address
2801 HOOVER ROAD SUITE 1A, STEVENS POINT, WI, 54481
Website
www.ncwwdb.orgNTEE Category
Code: J200 - Employment
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