Overview
What is Southwestern Oregon Workforce Investment Board?
The Southwestern Oregon Workforce Investment Board (SOWIB) is a crucial nonprofit organization situated in Coos Bay, Oregon. With a team of 15 dedicated individuals, its primary mission is to manage workforce development programs across Coos, Curry, and Douglas counties. By coordinating efforts through a network of local partners, SOWIB aims to improve employment opportunities and skills training within these regions. The organization serves as an administrative entity, ensuring the seamless execution of various workforce programs and services to support the local community.
Official website here: www.sowib.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Southwestern Oregon Workforce Investment Board has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial transparency. This rating is based entirely on their performance in the Accountability & Finance category, where they scored 96%. Such a score reflects the organization's commitment to responsible financial management and governance.
One of the organization's notable strengths is its fully independent board, composed of 17 members, which enhances its governance and decision-making processes. The board has also demonstrated strong practices, such as maintaining a conflict of interest policy, a whistleblower policy, and a thorough document retention policy. Additionally, the financial health of the organization appears robust, with a low liabilities-to-assets ratio and a high program expense ratio, indicating that the majority of funds are directed towards their mission-driven programs.
Despite the strong rating and governance practices, the summary does not provide information on specific programmatic impact or overall effectiveness in achieving its mission. While the financial metrics are solid, potential donors and stakeholders might benefit from additional insight into the outcomes and beneficiaries of their work.
This AI summary has been generated from information found on Charity Navigator.
Is Southwestern Oregon Workforce Investment Board legitimate?
Southwestern Oregon Workforce Investment Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern Oregon Workforce Investment Board 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: $371,181
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,313,569
For more financial information, click here
Official website here: www.sowib.org
What is the mission statement of Southwestern Oregon Workforce Investment Board?
The Southwestern Oregon Workforce Investment Board's mission is to coordinate workforce programs and services in Coos, Curry, and Douglas Counties, Oregon, through a network of local partners. This organization serves as the administrative entity for workforce development programs in these areas, working to bring together various entities to facilitate employment opportunities and related services. By coordinating efforts, the Southwestern Oregon Workforce Investment Board aims to enhance the local workforce's overall capabilities, ultimately benefiting the communities within its jurisdiction.
Official website here: www.sowib.org
What is the revenue of Southwestern Oregon Workforce Investment Board?
Southwestern Oregon Workforce Investment Board's revenue in 2023 was $8,983,720.
Official website here: www.sowib.org
Who are the executives of Southwestern Oregon Workforce Investment Board and what are their salaries?
The average compensation at Southwestern Oregon Workforce Investment Board during 2023 was $70,198. There are 24 employees at Southwestern Oregon Workforce Investment Board.
Here are 20 key members and their salaries:
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Official website here: www.sowib.org
Where can I find the form 990 for Southwestern Oregon Workforce Investment Board?
Southwestern Oregon Workforce Investment Board's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sowib.org
Learn more at the official website: www.sowib.org
Mission Statement of Southwestern Oregon Workforce Investment Board
The Southwestern Oregon Workforce Investment Board, abbreviated as SOWIB, plays a crucial role in coordinating workforce programs and services within Coos, Curry, and Douglas counties in Oregon. This organization serves as a network of local partners, working together to facilitate the administration of workforce development programs in these regions. Their mission is to foster an environment that supports the growth and development of the local workforce, thereby contributing to the overall economic prosperity of the communities they serve. By functioning as the administrative entity for workforce development programs, SOWIB plays a pivotal role in connecting job seekers with the resources and opportunities they need to succeed in the job market.
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Impact
July, 2024
The Southwestern Oregon Workforce Investment Board plays a critical role in coordinating workforce programs and services in Coos, Curry, and Douglas counties in Oregon. By serving as the administrative entity for workforce development programs in these areas, SOWIB helps facilitate employment opportunities and economic growth. Through its network of local partners, SOWIB helps connect individuals with training, resources, and support to enhance their skills and find meaningful employment. Ultimately, SOWIB's impact is felt through increased workforce participation, job creation, and community development in Southwestern Oregon.
This information is meant to be a general summary of Southwestern Oregon Workforce Investment Board. 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 2023.
- Investment Income: $5,902
- Program Service Revenue: $170,719
- Gross Receipts: $8,983,720
Assets and Liabilities:
- Total Assets: $3,191,097
- Total Liabilities: $2,144,517
- Net Assets: $1,046,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING FEES
Revenue
$170,719
Organization Details
Founding Year
2015
Principal Officer
Kyle Stevens
Website
www.sowib.orgNTEE Category
Code: J22 - Employment
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