Overview
What is Southern Workforce Board Incorporated?
Southern Workforce Board Incorporated, with its base in Durant, Oklahoma, serves as a vital nonprofit organization for the adult population in its 17-county jurisdiction. Its primary function involves managing and overseeing funds allocated to a contracted services provider, enabling them to deliver various workforce investment programs and initiatives. These initiatives aim to equip adults with workforce preparation and career development services, ultimately bridging the gap between skilled workers and employers. The organization's mission aligns with the Workforce Innovation and Opportunity Act (WIOA) and other job training programs at the federal and state levels. By implementing a strategic process in partnership with the local community, Southern Workforce Board Incorporated strives to maximize workforce development to meet regional economic needs. The organization's activities contribute to an integrated public workforce system, offering a comprehensive range of services to both workers and employers through the network of One-Stop Career Centers. As of the provided data, the organization employs 98 individuals.
Official website here: www.swb-ok.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Southern Workforce Board Incorporated has achieved an 81% overall rating from Charity Navigator, which reflects a strong focus on accountability and finance. The rating is derived entirely from this single beacon score, indicating that the organization has robust financial practices and governance measures in place.
The evaluation highlights several organizational strengths, including a fully independent board of directors, which consists of 26 members. Additionally, the board has demonstrated sound governance practices, such as having effective conflict of interest and whistleblower policies, as well as maintaining thorough documentation of board meeting minutes. Furthermore, the organization allocates a high percentage of its expenses (91.96%) directly to programs.
Despite its strengths, the rating does not indicate any specific limitations or concerns. The absence of material asset diversion and the presence of an audit and oversight committee further reinforce the organization’s commitment to transparency and sound financial management. Overall, the Southern Workforce Board Incorporated is positioned as a responsible entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Workforce Board Incorporated legitimate?
Southern Workforce Board Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Workforce Board Incorporated 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: $214,488
Professional Fundraising Fees: $0
Other Salaries and Wages: $358,187
For more financial information, click here
Official website here: www.swb-ok.com
What is the mission statement of Southern Workforce Board Incorporated?
The Southern Workforce Board Incorporated, abbreviated as SWB, was established with the purpose of managing the Workforce Innovation and Opportunity Act (WIOA) and other related job training programs in a 17-county region within Oklahoma. The mission statement of SWB is to facilitate a strategic process that harmonizes workforce development with economic growth, working closely with the community. This approach aims to optimally utilize resources and effectively address the needs of the region. Workforce Development Boards, such as SWB, are instrumental in implementing the WIOA of 2014, serving as regional entities responsible for channeling federal, state, and local funding and overseeing services provided to workforce development programs.
Official website here: www.swb-ok.com
Who is the CEO of Southern Workforce Board Incorporated?
Kerry Manning is the Executive Director of Southern Workforce Board Incorporated.
Official website here: www.swb-ok.com
What is the revenue of Southern Workforce Board Incorporated?
Southern Workforce Board Incorporated's revenue in 2021 was $5,313,142.
Official website here: www.swb-ok.com
Who are the executives of Southern Workforce Board Incorporated and what are their salaries?
The average compensation at Southern Workforce Board Incorporated during 2021 was $5,844. There are 98 employees and 26 volunteers at Southern Workforce Board Incorporated.
Here are 29 key members and their salaries:
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Official website here: www.swb-ok.com
Where can I find the form 990 for Southern Workforce Board Incorporated?
Southern Workforce Board Incorporated's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.swb-ok.com
Learn more at the official website: www.swb-ok.com
Mission Statement of Southern Workforce Board Incorporated
Southern Workforce Board Incorporated, abbreviated as SWB, was established with a mission to oversee and manage various job training programs under the Workforce Innovation and Opportunity Act (WIOA) and other state and federal initiatives. The organization's primary role is to coordinate and direct funding allocated for workforce development programs within a 17-county region in Oklahoma's southern and southeastern areas.
In line with its mission, the SWB Board works in collaboration with local communities to establish a strategic alliance between workforce development and economic growth. By doing so, the organization aims to address the needs of the region's workforce effectively, ensuring they have the necessary skills to contribute positively to the local economy. As a regional entity, the SWB Board serves as a bridge between various stakeholders, including federal, state, and local authorities, to ensure the successful implementation and execution of workforce development programs.
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Impact
July, 2024
Southern Workforce Board Incorporated, through its administration of the Workforce Innovation and Opportunity Act and other federal and state job training programs, has a significant impact on the southern jurisdiction of 17 counties in the southern and southeast Oklahoma area. By providing adult workers with crucial services such as workforce preparation and career development, SWB plays a key role in helping employers in the region find the skilled workers they need. Through its activities, SWB promotes an integrated public workforce system that offers a full array of services to both workers and employers, thus contributing to the overall economic development of the community.
This information is meant to be a general summary of Southern Workforce Board Incorporated. 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 2021.
- Program Service Revenue: $2,482
- Gross Receipts: $5,313,142
Assets and Liabilities:
- Total Assets: $1,369,194
- Total Liabilities: $1,391,618
- Net Assets: -$22,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Job Fair/Career Discovery/Utility Asst
Revenue
$2,482
Organization Details
Founding Year
2012
Phone
(580) 745-5397Principal Officer
Kerry Manning
Main Address
PO Box 744, Durant, OK, 74702
Website
www.swb-ok.comNTEE Category
Code: J20 - Employment
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