Overview
What is New Haven Works Inc?
New Haven Works Inc is a nonprofit organization situated in New Haven, Connecticut, specifically at 205 Whitney Avenue 106. Their primary mission is to stimulate local economic growth and enhance economic stability across all communities. They accomplish this by serving as a bridge between employers and job seekers. By providing employers with a well-prepared and competent workforce, and connecting residents to viable job opportunities, New Haven Works Inc plays a crucial role in fostering a thriving local economy. With a team of 15 dedicated individuals, they are committed to improving employment prospects for New Haven residents.
Official website here: www.newhavenworkspipeline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
New Haven Works Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong focus on accountability and finance. With an impressive score of 96%, the organization demonstrates a commitment to financial transparency and effective management practices. The overall score is derived entirely from its accountability and finance metrics, indicating a robust framework for governance and operational oversight.
The nonprofit excels in several key areas, notably having a fully independent board comprised of ten members, which contributes to its high score in board governance. The organization also shows no signs of material diversion of assets and has implemented various policies to uphold its ethical standards, including conflict of interest and whistleblower policies. Furthermore, its financial indicators are strong, with a program expense ratio of 76.76%, suggesting that a significant portion of its resources is directed toward its mission-driven activities.
While the ratings highlight many strengths, the summary primarily focuses on financial performance and governance. It would be beneficial for potential supporters to seek additional information on program impact and outcomes to gain a fuller understanding of the nonprofit's effectiveness in fulfilling its mission. Overall, New Haven Works Inc is well-regarded for its financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is New Haven Works Inc legitimate?
New Haven Works Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Haven Works 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: $18,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $540,465
For more financial information, click here
Official website here: www.newhavenworkspipeline.org
What is the mission statement of New Haven Works Inc?
New Haven Works Inc's mission is centered around boosting the local economy and enhancing economic stability across all communities. The organization achieves this by serving as a bridge between employers and a pool of pre-screened, qualified job candidates. By providing employers with a skilled workforce and connecting residents to job opportunities, New Haven Works Inc contributes to the growth of the local job market and the overall economic well-being of the community.
Official website here: www.newhavenworkspipeline.org
Who is the CEO of New Haven Works Inc?
Ingrid Derrick-Lewis is the Board Chair of New Haven Works Inc.
Official website here: www.newhavenworkspipeline.org
What is the revenue of New Haven Works Inc?
New Haven Works Inc's revenue in 2022 was $849,256.
Official website here: www.newhavenworkspipeline.org
Who are the executives of New Haven Works Inc and what are their salaries?
The average compensation at New Haven Works Inc during 2022 was $37,267. There are 15 employees and 10 volunteers at New Haven Works Inc.
Here are 11 key members and their salaries:
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Official website here: www.newhavenworkspipeline.org
Where can I find the form 990 for New Haven Works Inc?
New Haven Works Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newhavenworkspipeline.org
Learn more at the official website: www.newhavenworkspipeline.org
Mission Statement of New Haven Works Inc
New Haven Works Inc is dedicated to enhancing the local economy and promoting economic stability in various communities. Their mission is twofold: firstly, they aim to assist employers by providing them with a skilled and competent workforce. This is achieved by pre-screening potential candidates and ensuring they are well-trained for the job requirements. Secondly, New Haven Works Inc focuses on connecting local residents to job opportunities, thereby bridging the gap between unemployment and employment. By doing so, they contribute to the overall growth and prosperity of the community.
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Impact
July, 2024
New Haven Works Inc connects New Haven residents to good jobs and employers to qualified, pre-screened candidates, ultimately contributing to the growth of the local economy and improving economic stability in all communities. By providing employers with a trained and qualified workforce and linking residents to employment opportunities, New Haven Works Inc plays a crucial role in addressing workforce needs and bridging the gap between job seekers and employers in the city of New Haven, CT.
This information is meant to be a general summary of New Haven Works 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 2022.
- Investment Income: $458
- Gross Receipts: $849,256
Assets and Liabilities:
- Total Assets: $685,482
- Total Liabilities: $310,659
- Net Assets: $374,823
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Organization Details
Founding Year
2013
Phone
(203) 562-9000Principal Officer
Ingrid Derrick-Lewis
Main Address
205 WHITNEY AVENUE 106, NEW HAVEN, CT, 06511
NTEE Category
Code: B60 - Education
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