Overview
What is Building Skills Ny?
Building Skills Ny is a nonprofit organization situated in New York City, specifically at 1460 Broadway, New York, NY 10036. Their primary mission is to empower unemployed and underemployed New York State residents, particularly those from economically disadvantaged areas, by offering manpower training and related assistance. This initiative aims to increase self-sufficiency, boost job opportunities, and reduce unemployment in the city and state. To achieve this goal, Building Skills collaborates with developers and contractors by encouraging them to hire their referrals for construction jobs. These referrals undergo a vetting process, have OSHA and Site Safety Training certificates, and have minimal construction experience. The contractors then evaluate their new hires at the end of their employment, assessing their skills and potential for further training. In addition, Building Skills conducts courses in various construction trades, such as Plumbing, Electrical, Carpentry, and HVAC, at Level One. They also maintain a database of experienced workers, referred by industry employers, for future work opportunities. Contractors and subcontractors are encouraged to participate by providing job placements when hiring needs arise. The objectives of this program include addressing unemployment and underemployment in New York City by offering entry-level jobs, enabling successful employees to develop skills and advance in their careers, and creating a more qualified and productive workforce for the future. Building Skills is primarily funded through contributions.
Official website here: www.buildingskillsny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Building Skills NY has achieved a strong reputation with its impressive 96% score, reflecting excellent accountability and financial management. The organization's Four-Star rating is derived solely from its performance in the Accountability & Finance category, which indicates a commitment to transparency and responsible governance.
One of the key strengths of Building Skills NY is its independent board structure, with 100% of board members being independent, which enhances objectivity in their decision-making process. The organization also scores highly in its financial oversight, with no material diversion of assets and a high program expense ratio of 84.34%, signifying that a significant portion of its funding is directed towards its mission-related activities.
While the data does not highlight any specific limitations, the exceptionally high scores in all assessed areas suggest that Building Skills NY is committed to maintaining the highest standards of accountability and financial health. This positions the organization favorably among its peers in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Building Skills Ny legitimate?
Building Skills Ny is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Skills Ny 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: $258,578
Professional Fundraising Fees: $0
Other Salaries and Wages: $519,991
For more financial information, click here
Official website here: www.buildingskillsny.org
What is the mission statement of Building Skills Ny?
Building Skills NY's mission is focused on providing job training and related assistance to unemployed and underprivileged individuals in New York State. The organization's goal is to enhance self-sufficiency, expand job prospects, and reduce unemployment levels in the state. This is achieved primarily by offering manpower training and supportive services to those residing in economically disadvantaged areas, including New York City Housing Authority projects. By doing so, Building Skills NY aims to empower these individuals, thereby maximizing employment opportunities across the city and the state.
Official website here: www.buildingskillsny.org
Who is the CEO of Building Skills Ny?
David Meade is the Director of Building Skills Ny.
Official website here: www.buildingskillsny.org
What is the revenue of Building Skills Ny?
Building Skills Ny's revenue in 2022 was $1,564,960.
Official website here: www.buildingskillsny.org
Who are the executives of Building Skills Ny and what are their salaries?
The average compensation at Building Skills Ny during 2022 was $111,224. There are 7 employees and 15 volunteers at Building Skills Ny.
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- Compensation: $247,115
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- Compensation: $141,914
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- Other: $32,913
Official website here: www.buildingskillsny.org
Where can I find the form 990 for Building Skills Ny?
Building Skills Ny's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buildingskillsny.org
Learn more at the official website: www.buildingskillsny.org
Mission Statement of Building Skills Ny
Building Skills Ny, as a nonprofit organization, is dedicated to providing manpower training and related assistance to unemployed and underemployed individuals from New York State. Their mission, outlined in a 'Schedule O', is geared towards enhancing the self-sufficiency of these individuals, particularly those from economically disadvantaged areas in New York City and the State. The organization targets populations residing in New York City Housing Authority projects, aiming to increase their job opportunities and contribute to reducing unemployment rates in both the city and the state. By offering these services, Building Skills Ny aims to empower its beneficiaries, helping them maximize their potential and secure steady employment.
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Impact
July, 2024
Building Skills NY's impact can be seen in the significant support it provides to unemployed and underemployed individuals in New York State, particularly those from economically disadvantaged areas. By offering training and related assistance, Building Skills NY is empowering individuals to increase their self-sufficiency, access job opportunities, and reduce unemployment rates in the City and State of New York. Through its construction industry employment initiative, Building Skills NY is not only helping to address unemployment by providing entry-level jobs to New York City residents but also creating a pathway for individuals to develop the skills needed to succeed in the construction trades. By partnering with developers and contractors to offer training, job placement, and ongoing support, Building Skills NY is making a positive impact on the workforce by creating a better-qualified and more productive workforce for the future.
This information is meant to be a general summary of Building Skills Ny. 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: $22,816
- Gross Receipts: $1,581,317
Assets and Liabilities:
- Total Assets: $703,692
- Total Liabilities: $213,543
- Net Assets: $490,149
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Fees
Revenue
$22,816
Organization Details
Founding Year
2012
Phone
(646) 973-1520Principal Officer
David Meade
Main Address
1460 Broadway, New York, NY, 10036
Website
www.buildingskillsny.orgNTEE Category
Code: B30 - Education
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