Overview
What is Workforce Innovations?
Workforce Innovations is a nonprofit organization based in Dyersburg, Tennessee, serving a 17-county area in North and Southwest Tennessee. Its mission is to develop a robust workforce system to cater to the needs of local employers and job seekers. This organization, known as the American Job Centers, oversees three comprehensive centers and eight affiliate/specialized centers, providing services such as career advising and job search activities to over 11,800 individuals. With a team of 17 professionals, they offer personal assessments, labor market information, and job placement assistance, matching job seekers with high-wage, in-demand positions. Workshops and online tools help prepare job seekers, and for those lacking necessary skills, education, training, and support services are arranged through partners. Business service teams collaborate with employers to identify skill sets needed and promote a robust online job search engine. Additionally, they coordinate job fairs, facilitate career awareness activities, and provide labor market information. The organization may also offer grants for on-the-job training and skills upgrades.
Official website here: www.nwtnjobs.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
Workforce Innovations has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization has a strong governance structure, with 100% of its board members being independent. Additionally, it excels in its program expense ratio, allocating a significant 97.18% of its resources directly to program activities, which is a positive indicator of its focus on mission-driven work.
However, some areas for improvement have been identified. The organization lacks a whistleblower policy and has not made its tax forms easily accessible on its website, both of which are essential for transparency and accountability. Furthermore, the liabilities to assets ratio is notably high at 93.96%, which may raise concerns about financial stability and management.
In summary, while Workforce Innovations demonstrates commendable governance and a commitment to its programs, it would benefit from enhancing transparency measures and addressing its financial liabilities. Improving these aspects could contribute to an even stronger rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Workforce Innovations legitimate?
Workforce Innovations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workforce Innovations 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: $191,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $796,831
For more financial information, click here
Official website here: www.nwtnjobs.org/
What is the mission statement of Workforce Innovations?
Workforce Innovations aims to establish a high-quality workforce system that caters to the needs of local employers and job seekers. By successfully achieving this mission, the organization contributes to an environment where businesses and industries prosper due to the availability of a skilled workforce and a robust talent pipeline. This robust talent pipeline is essential for fostering prosperous communities and enhancing the overall quality of life. The organization was established in accordance with the Workforce Innovation and Opportunity Act of 2014 (WIOA) with the primary objective of supporting WIOA activities in various counties. Additionally, it has expanded its reach to include more counties to serve an even broader range of individuals seeking employment opportunities.
Official website here: www.nwtnjobs.org/
Who is the CEO of Workforce Innovations?
Jennifer Bane is the Executive Director of Workforce Innovations.
Official website here: www.nwtnjobs.org/
What is the revenue of Workforce Innovations?
Workforce Innovations's revenue in 2023 was $6,035,254.
Official website here: www.nwtnjobs.org/
Who are the executives of Workforce Innovations and what are their salaries?
The average compensation at Workforce Innovations during 2023 was $58,122. There are 17 employees and 46 volunteers at Workforce Innovations.
Here are 10 key members and their salaries:
- Compensation: $107,639
- Related: $0
- Other: $37,713
- Compensation: $63,856
- Related: $0
- Other: $33,475
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.nwtnjobs.org/
Where can I find the form 990 for Workforce Innovations?
Workforce Innovations's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nwtnjobs.org/
Learn more at the official website: www.nwtnjobs.org/
Mission Statement of Workforce Innovations
Workforce Innovations, established in accordance with the Workforce Innovation and Opportunity Act of 2014 (WIOA), aims to develop a robust and high-quality workforce system that caters to the needs of both local employers and job seekers. By successfully fulfilling this mission, the organization aims to transform North and Southwest Tennessee into a region where businesses and industries flourish due to the availability of a skilled workforce and a robust talent pipeline. This, in turn, contributes to the prosperity of communities and an overall high quality of life. The organization supports WIOA activities in Benton, Carroll, CroCKETT, Dyer, Gibson, Henry, Lake, Obion, and Weakley Counties, and now also extends its services to Chester, Decatur, Hardeman, Hardin, Haywood, Henderson, Madison, and McNairy Counties.
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Impact
July, 2024
Workforce Innovations plays a crucial role in developing a quality workforce system to meet the needs of both area employers and job seekers in North and Southwest Tennessee. By providing a wide range of services through the American Job Centers, the organization has made a significant impact by offering career advising, job search activities, workshops on various essential skills, and access to education and training services. The professional career advisors assist job seekers in matching their skills with high-demand jobs, ultimately supporting the region's economic growth and creating opportunities for individuals to secure quality employment.
This information is meant to be a general summary of Workforce Innovations. 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 2023.
- Investment Income: $325
- Gross Receipts: $6,035,254
Assets and Liabilities:
- Total Assets: $1,927,939
- Total Liabilities: $1,811,606
- Net Assets: $116,333
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Organization Details
Founding Year
2011
Phone
(731) 286-3585Principal Officer
Jennifer Bane
Main Address
208 N MILL AVE B, DYERSBURG, TN, 380244829
Website
www.nwtnjobs.org/NTEE Category
Code: J20 - Employment
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