Overview
What is Partnership For Economic Innovation Inc?
Partnership For Economic Innovation Inc, based in Tempe, Arizona, is a nonprofit organization dedicated to enhancing the regional workforce development ecosystem. By utilizing innovative technologies and analytics, they focus on connecting employers, educational institutions, non-profits, and job seekers more effectively. Their mission is to contribute to a world-class economy by raising awareness, providing resources, and taking action. The organization has a team of 11 employees.
Official website here: www.azpei.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating
Partnership For Economic Innovation Inc has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in its accountability and finance practices. With an overall score of 68%, the nonprofit demonstrates some strengths, particularly in governance, as evidenced by having 100% independent board members and a high program expense ratio of 93.75%. This suggests a strong focus on its mission-related activities.
However, the organization faces significant limitations, particularly in financial transparency. The absence of financial statements and the lack of a whistleblower policy raise concerns about oversight and accountability. Additionally, the nonprofit's tax form is not posted on its website, which further diminishes its transparency efforts.
Overall, while Partnership For Economic Innovation Inc shows commitment to its programs and governance, it must address its financial reporting and policy deficiencies to enhance trust and effectiveness within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Partnership For Economic Innovation Inc legitimate?
Partnership For Economic Innovation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partnership For Economic Innovation 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: $400,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,351
For more financial information, click here
Official website here: www.azpei.org
What is the mission statement of Partnership For Economic Innovation Inc?
The Partnership For Economic Innovation Inc is dedicated to building a world-class economy by promoting awareness, providing resources, and taking action. They focus on optimizing the region's workforce development ecosystem, which includes employers, educational and training institutions, non-profits, and job seekers. Using innovative technologies and analytics, they aim to better connect these entities and improve the overall workforce development process. Their mission is to create an economy where everyone can thrive and contribute to the collective growth.
Official website here: www.azpei.org
Who is the CEO of Partnership For Economic Innovation Inc?
John Graham is the Director of Partnership For Economic Innovation Inc.
Official website here: www.azpei.org
What is the revenue of Partnership For Economic Innovation Inc?
Partnership For Economic Innovation Inc's revenue in 2022 was $17,911,182.
Official website here: www.azpei.org
Who are the executives of Partnership For Economic Innovation Inc and what are their salaries?
The average compensation at Partnership For Economic Innovation Inc during 2022 was $68,642. There are 11 employees and 10 volunteers at Partnership For Economic Innovation Inc.
Here are 13 key members and their salaries:
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- Compensation: $88,944
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- Compensation: $137,665
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- Other: $12,700
- Compensation: $144,807
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- Other: $13,000
Official website here: www.azpei.org
Where can I find the form 990 for Partnership For Economic Innovation Inc?
Partnership For Economic Innovation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.azpei.org
Learn more at the official website: www.azpei.org
Mission Statement of Partnership For Economic Innovation Inc
The Partnership For Economic Innovation Inc, a renowned nonprofit organization, is on a mission to build a world-class economy. By utilizing awareness, resources, and action, this innovative institution strives to optimize the region's workforce development ecosystem.
Comprised of employers, educational and training institutions, non-profits, and job seekers, the region's workforce development ecosystem requires a powerful and coordinated approach to connect and support its diverse components effectively. The Partnership For Economic Innovation Inc responds to this need by developing and implementing a Talent Optimization Site. This site uses advanced technologies and data analytics to bridge gaps within the workforce development ecosystem, ultimately enhancing its overall performance.
By fostering collaborations between key stakeholders, the Partnership For Economic Innovation Inc plays a crucial role in ensuring the region's workforce development ecosystem is responsive, robust, and capable of meeting the evolving needs of businesses and individuals alike. Through their innovative initiatives, this forward-thinking organization continues to drive economic growth and success within their community.
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Impact
October, 2024
Partnership For Economic Innovation Inc makes a significant impact by fostering a world-class economy through strategic initiatives aimed at workforce development. Central to its efforts is the Workforce Pipeline Development Program, which leverages innovative technologies and analytics to enhance the connectivity of the region's workforce ecosystem. This approach involves collaboration among employers, educational and training institutions, nonprofits, and job seekers, effectively bridging gaps and optimizing talent.
By creating a talent optimization site, the organization not only addresses immediate workforce needs but also ensures that the skills of job seekers align with the demands of employers. This holistic strategy contributes to community improvement and economic growth in Tempe, AZ, as it nurtures a well-prepared workforce capable of driving the local economy forward. Through awareness, resources, and action, Partnership For Economic Innovation Inc plays a pivotal role in establishing and promoting economic resilience in the region.
This information is meant to be a general summary of Partnership For Economic Innovation 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: $17,720
- Program Service Revenue: $14,907,256
- Gross Receipts: $17,911,182
Assets and Liabilities:
- Total Assets: $4,781,408
- Total Liabilities: $2,996,083
- Net Assets: $1,785,325
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEBIT CARD PROGRAM
Revenue
$13,790,645
SPONSORED RESEARCH CONTRACTS
Revenue
$1,116,611
Organization Details
Founding Year
2015
Phone
(917) 664-3463Principal Officer
John Graham
Main Address
2055 E WARNER RD 101, TEMPE, AZ, 85284
Website
www.azpei.orgNTEE Category
Code: S30 - Community improvement
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