Overview
What is Social Enterprise And Training Center Inc?
Social Enterprise And Training Center Inc, located in Schwenectady, New York, is a nonprofit organization dedicated to empowering young adults. Through their Youthbuild program, they assist young individuals in completing their high school education and provide career training. Their mission is to offer transformative educational and workforce experiences, fostering a sense of purpose and hope within the community. By connecting businesses with real-time solutions, they aim to contribute positively to their communities, ultimately employing 34 individuals.
Official website here: www.seatcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Social Enterprise And Training Center Inc has received an 81% score from Charity Navigator, indicating a solid performance in accountability and finance. The organization has demonstrated strong governance practices, with a fully independent board and robust oversight measures in place. Additionally, the charity maintains high standards in fiscal transparency, as evidenced by its excellent performance in various accountability metrics.
Notably, the charity has a program expense ratio of 70.58%, suggesting a strong commitment to directing funds towards its mission. The organization has established policies for conflict of interest and whistleblowing, which further reflect its dedication to ethical operations. The comprehensive documentation of board meeting minutes also reinforces its commitment to accountability.
While the charity performs well overall, the rating is based solely on financial accountability metrics, which may not reflect the full scope of its impact or effectiveness in program delivery. Potential donors and supporters might seek further insights into the organization's programs and outcomes to get a complete picture of its contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Social Enterprise And Training Center Inc legitimate?
Social Enterprise And Training Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Enterprise And Training 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: $113,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,077,048
For more financial information, click here
Official website here: www.seatcenter.org
What is the mission statement of Social Enterprise And Training Center Inc?
The Social Enterprise and Training Center Inc. is committed to providing transformative educational and workforce experiences, instilling a sense of purpose and hope in their communities. Their mission is to bridge the gap between business and real-time solutions, ensuring their programs are relevant and impactful. One of their key initiatives is YouthBuild, a program that assists young adults in completing their high school education and receiving career training. This comprehensive approach aims to empower individuals and foster a positive impact in their communities.
Official website here: www.seatcenter.org
Who is the CEO of Social Enterprise And Training Center Inc?
Jennifer Lawrence is the Executive Di of Social Enterprise And Training Center Inc.
Official website here: www.seatcenter.org
What is the revenue of Social Enterprise And Training Center Inc?
Social Enterprise And Training Center Inc's revenue in 2021 was $2,163,163.
Official website here: www.seatcenter.org
Who are the executives of Social Enterprise And Training Center Inc and what are their salaries?
The average compensation at Social Enterprise And Training Center Inc during 2021 was $35,029. There are 34 employees and 25 volunteers at Social Enterprise And Training Center Inc.
Here are 9 key members and their salaries:
- Compensation: $113,941
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- Other: $9,192
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.seatcenter.org
Where can I find the form 990 for Social Enterprise And Training Center Inc?
Social Enterprise And Training Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.seatcenter.org
Learn more at the official website: www.seatcenter.org
Mission Statement of Social Enterprise And Training Center Inc
Social Enterprise and Training Center Inc is dedicated to delivering transformative educational and workforce experiences that instill a sense of purpose and hope within communities. By connecting businesses to real-time solutions, this nonprofit organization aims to make a significant impact.
In essence, Social Enterprise and Training Center Inc serves as a platform for young adults to achieve their educational goals and receive career training. Through its flagship program, YouthBuild, the organization assists these individuals in completing their high school education while providing them with the skills necessary to succeed in the workforce. This holistic approach empowers young adults, providing them with a sense of purpose and hope for a brighter future.
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Impact
July, 2024
Social Enterprise And Training Center Inc's impact can be seen in the lives of young adults in Schenectady, NY, who are provided with transformative educational and workforce experiences through programs like YouthBuild. By assisting these individuals in completing their high school education and receiving career training, the organization is creating a sense of purpose and hope in the community. Through their mission to connect business to real-time solutions, Social Enterprise And Training Center Inc is actively shaping the future of these young adults and fostering positive change in the community.
This information is meant to be a general summary of Social Enterprise And Training 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 2021.
- Investment Income: $49
- Program Service Revenue: $182,068
- Gross Receipts: $2,163,848
Assets and Liabilities:
- Total Assets: $1,183,632
- Total Liabilities: $531,006
- Net Assets: $652,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$104,353
FEE FOR SERVICE REVENUE
Revenue
$77,715
Organization Details
Founding Year
2015
Phone
(518) 372-4100Principal Officer
Jennifer Lawrence
Main Address
131 STATE STREET, SCHENECTADY, NY, 12305
Website
www.seatcenter.orgNTEE Category
Code: B30 - Education
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