Overview
What is Metro Southwest Workforce Board Inc?
Metro Southwest Workforce Board Inc is a dedicated nonprofit organization situated in Marlborough, Massachusetts. With a team of 23 individuals, their primary mission is to foster a prosperous and dynamic workforce environment. They accomplish this by administering the Workforce Innovation and Opportunity Act (WIOA) and operating American Job Center/One-Stop Career Centers. These centers connect workers with potential job opportunities, helping them develop their skills and providing referrals. As the WIOA fiscal agent, Metro Southwest Workforce Board Inc ensures the financial and compliance support of their workforce area. Additionally, they offer WIOA Youth Services to young adults, investing in the workforce of the future.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Metro Southwest Workforce Board Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization excels in having a majority of independent board members, as well as a robust financial oversight structure, which contributes positively to its overall score. Key strengths include a program expense ratio of 95.45%, ensuring that most funds are directed toward its programs rather than administrative costs.
The organization demonstrates strong governance practices, including the presence of conflict of interest and whistleblower policies, as well as proper documentation of board meeting minutes. These elements reflect a commitment to transparency and ethical management. Furthermore, the audit and oversight committee received a perfect score, which enhances confidence in financial reporting and accountability.
While the organization shows commendable practices in financial management and board governance, the overall score is derived solely from accountability and finance, suggesting that additional metrics related to fundraising efficiency or program impact are not assessed. This limited scope may provide an incomplete picture of the organization's overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Metro Southwest Workforce Board Inc legitimate?
Metro Southwest Workforce Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metro Southwest Workforce Board 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: $269,059
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,303,369
For more financial information, click here
Official website here: www.none
What is the mission statement of Metro Southwest Workforce Board Inc?
Metro Southwest Workforce Board Inc's mission is centered around enhancing the competitiveness of local businesses and improving the skills of the workforce. The organization strives to create opportunities for growth in economic development by operating Workforce Innovation and Opportunity Act (WIOA) American Job Center/One Stop Career Centers. They connect workers with job openings, develop their skills, and refer them to employment opportunities. As the WIOA fiscal agent, Metro Southwest Workforce Board Inc ensures fiduciary and compliant support for the workforce area. Furthermore, the organization provides WIOA youth services to young adults, aiming to prepare the workforce of the future.
Official website here: www.none
Who is the CEO of Metro Southwest Workforce Board Inc?
Louise Meyer is the President/Executive Director of Metro Southwest Workforce Board Inc.
Official website here: www.none
What is the revenue of Metro Southwest Workforce Board Inc?
Metro Southwest Workforce Board Inc's revenue in 2022 was $3,391,343.
Official website here: www.none
Who are the executives of Metro Southwest Workforce Board Inc and what are their salaries?
The average compensation at Metro Southwest Workforce Board Inc during 2022 was $68,366. There are 23 employees at Metro Southwest Workforce Board Inc.
Here are 7 key members and their salaries:
- Compensation: $74,210
- Related: $0
- Other: $977
- Compensation: $101,061
- Related: $0
- Other: $7,978
- Compensation: $83,803
- Related: $0
- Other: $22,620
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Metro Southwest Workforce Board Inc
Metro Southwest Workforce Board Inc is dedicated to fostering the growth of a robust and competitive workforce. The organization achieves this by enhancing the capabilities of businesses, improving the skills of workers, and creating opportunities for expansion in economic development. Metro Southwest Workforce Board Inc operates as a fiscal agent under the Workforce Innovation and Opportunity Act (WIOA), administering the fiduciary and compliance support for the workforce area. They connect workers with job openings by developing their skills and referring them to appropriate employment opportunities. Additionally, the organization offers WIOA youth services to young adults, preparing the workforce of the future. Metro Southwest Workforce Board Inc demonstrates compassion and consideration for the needs of its customers, stakeholders, and staff, implementing strategies and innovations that lead to a prosperous and dynamic workforce environment.
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Impact
July, 2024
Metro Southwest Workforce Board Inc's impact can be seen in its commitment to developing and expanding a quality workforce system. By enhancing the competitive strengths of businesses, improving the skills of workers, and creating opportunities for growth in economic development, Metro Southwest Workforce Board Inc plays a crucial role in shaping a prosperous and dynamic workforce environment. Through operating Workforce Innovation and Opportunity Act (WIOA) American Job Center/One Stop Career Centers, the organization connects workers with job openings, develops their skills, and refers them to employment opportunities. Additionally, Metro Southwest Workforce Board Inc serves as the WIOA fiscal agent by administering fiduciary and compliance support of the workforce area. Moreover, the organization prepares the workforce of the future by providing WIOA youth services to young adults, ensuring they have the necessary support and resources for future success. The transformative impact of Metro Southwest Workforce Board Inc is evident in its dedication to creating a sustainable and thriving workforce ecosystem.
This information is meant to be a general summary of Metro Southwest Workforce Board 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.
- Gross Receipts: $3,391,343
Assets and Liabilities:
- Total Assets: $1,268,470
- Total Liabilities: $1,268,470
- Net Assets: $0
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Organization Details
Founding Year
2014
Phone
(508) 861-7667Principal Officer
Louise Meyer
Main Address
201 BOSTON POST ROAD WEST 301, MARLBORO, MA, 01752
Website
www.noneNTEE Category
Code: J20 - Employment
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