Overview
What is Workforce Investment Board Of The Southwest Region Inc?
The Workforce Investment Board of the Southwest Region Inc, situated in Joplin, Missouri, is a nonprofit organization that serves a seven-county area. Their primary mission is to empower the general public actively seeking employment by offering assistance, training aids, and various services. This includes the development, establishment, and administration of workforce training programs, with the ultimate goal of enriching the regional economy by preparing businesses and the workforce for global competitiveness. The organization employs a modest workforce of seven individuals, dedicated to their mission.
Official website here: www.wibswmo.webnode
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Workforce Investment Board of the Southwest Region Inc has received an 87% rating, indicating a strong performance in accountability and finance. This score reflects a solid commitment to transparency and responsible financial management, with a perfect score for having an independent board and comprehensive policies in place, such as conflict of interest and whistleblower policies.
The organization demonstrates effective oversight through its audit committee and maintains a good program expense ratio, showing that a significant majority of its funds are directed toward its mission-related activities. The transparency of their financial reporting, including listing essential documents on their website, further enhances their accountability.
However, the organization has a liabilities to assets ratio of 62.62%, which may signal some concern regarding financial health. While this is not uncommon for nonprofits, it is an area for potential improvement that stakeholders may wish to monitor. Overall, the Workforce Investment Board shows a commendable level of governance and efficiency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Workforce Investment Board Of The Southwest Region Inc legitimate?
Workforce Investment Board Of The Southwest Region Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workforce Investment Board Of The Southwest Region 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: $81,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $231,750
For more financial information, click here
Official website here: www.wibswmo.webnode
What is the mission statement of Workforce Investment Board Of The Southwest Region Inc?
The Workforce Investment Board of the Southwest Region Inc's mission is to enrich the economic growth of the region by preparing both businesses and the workforce for global competitiveness. They accomplish this by developing, establishing, and administering workforce training programs. Their activities extend to providing assistance and access to training aids and other services to the general public who are actively pursuing employment, within a seven-county area.
Official website here: www.wibswmo.webnode
What is the revenue of Workforce Investment Board Of The Southwest Region Inc?
Workforce Investment Board Of The Southwest Region Inc's revenue in 2024 was $2,796,597.
Official website here: www.wibswmo.webnode
Who are the executives of Workforce Investment Board Of The Southwest Region Inc and what are their salaries?
The average compensation at Workforce Investment Board Of The Southwest Region Inc during 2024 was $52,225. There are 6 employees and 23 volunteers at Workforce Investment Board Of The Southwest Region Inc.
Here are 23 key members and their salaries:
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Official website here: www.wibswmo.webnode
Where can I find the form 990 for Workforce Investment Board Of The Southwest Region Inc?
Workforce Investment Board Of The Southwest Region Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wibswmo.webnode
Learn more at the official website: www.wibswmo.webnode
Mission Statement of Workforce Investment Board Of The Southwest Region Inc
The Workforce Investment Board Of The Southwest Region Inc is dedicated to enriching the regional economy by preparing businesses and the workforce for global competitiveness. Their mission is to develop, establish, and administer workforce training programs. By providing assistance and access to training aids and other services to the general public actively pursuing employment in a seven-county area, this organization plays a significant role in equipping individuals with the necessary skills to compete in the global job market. This, in turn, contributes to the overall strength and competitiveness of local businesses, ultimately benefiting the regional economy as a whole.
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Impact
July, 2024
Workforce Investment Board Of The Southwest Region Inc plays a crucial role in developing, establishing, and administering workforce training programs in Joplin, MO. By providing assistance and access to training aids and services, they help individuals in a seven-county area actively seeking employment. This nonprofit organization's mission is to enrich the region's economy by preparing businesses and the workforce for global competitiveness. The impact of Workforce Investment Board Of The Southwest Region Inc is evident in the community improvement it brings through equipping individuals with the skills and resources they need to secure meaningful employment opportunities, ultimately contributing to the economic growth of the region.
This information is meant to be a general summary of Workforce Investment Board Of The Southwest Region 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 2024.
- Gross Receipts: $2,796,597
Assets and Liabilities:
- Total Assets: $196,465
- Total Liabilities: $113,014
- Net Assets: $83,451
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Organization Details
Founding Year
2001
Principal Officer
Sherri Rheums
Website
www.wibswmo.webnodeNTEE Category
Code: S30 - Community improvement
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