Overview
What is Southeast Welding Center Inc?
Southeast Welding Center Inc is a nonprofit organization dedicated to fostering workforce development and enhancing welding skills. Their initiatives, as outlined in 2017, include offering scholarships and providing comprehensive welding training to 39 students, boasting an impressive 95% completion rate. In addition to this, they extend their reach to low-income communities by opening a welding school, providing tuition assistance, thereby empowering individuals from underprivileged backgrounds to enter the welding industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Stars
The Southeast Welding Center Inc has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and finance practices. With a score of just 52%, the charity's evaluation highlights a lack of independent board members and missing essential financial documentation, which raises questions about transparency and governance.
Strengths noted include a perfect program expense ratio of 100%, indicating that all funds are directed towards its programs, and a solid liabilities to assets ratio of 0.00%, suggesting sound financial health in terms of debts. However, the absence of independent board oversight and missing financial statements detracts from the organization's credibility and reliability.
Several critical policies, including those regarding conflicts of interest and whistleblower protections, are also missing, which further undermines the organization's accountability. Overall, while the Southeast Welding Center Inc appears to effectively allocate its resources, it must address its governance and transparency issues to improve its standing and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Welding Center Inc legitimate?
Southeast Welding Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Welding Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Southeast Welding Center Inc?
Southeast Welding Center Inc's mission revolves around providing opportunities for low-income individuals. They achieve this through offering scholarships for workforce development and welding training. In 2017, 39 students benefited from this initiative, with a high completion rate of 95%. The center also established a welding school to cater to this demographic, providing tuition assistance to make education more accessible.
Who is the CEO of Southeast Welding Center Inc?
Delmus Nelson is the Executive Director of Southeast Welding Center Inc.
What is the revenue of Southeast Welding Center Inc?
Southeast Welding Center Inc's revenue in 2022 was $618,517.
Who are the executives of Southeast Welding Center Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Southeast Welding Center Inc?
Southeast Welding Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southeast Welding Center Inc
Southeast Welding Center Inc, a nonprofit organization, is committed to empowering low-income individuals through workforce development and welding training. Their mission is twofold: providing scholarships and opening a welding school. In 2017, they welcomed 39 students into their welding program, boasting a remarkable 95% completion rate. This nonprofit's initiatives are geared towards offering tuition assistance, enabling individuals from less privileged backgrounds to acquire valuable welding skills. By doing so, Southeast Welding Center Inc is playing a significant role in fostering a skilled workforce and providing opportunities for personal and professional growth.
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Impact
July, 2024
Southeast Welding Center Inc has made a significant impact by providing scholarships for workforce development and welding training to low-income residents. They opened a welding school that has had a positive ripple effect on the community. In 2017, 39 students enrolled in the program and achieved an impressive 95% completion rate. This effort has not only provided individuals with valuable skills but also opened up opportunities for employment in the welding industry.
This information is meant to be a general summary of Southeast Welding Center 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: $618,517
Assets and Liabilities:
- Total Assets: $43,258
- Total Liabilities: $0
- Net Assets: $43,258
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Organization Details
Founding Year
2013
Phone
(202) 423-8056Principal Officer
Delmus Nelson
Main Address
1235 Kenilworth Ave NE, Washington, DC, 20019
NTEE Category
Code: J22 - Employment
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