Overview
What is Regional Opportunity Initiatives Inc?
Regional Opportunity Initiatives Inc, established in Southwest Central Indiana, is a nonprofit organization with a mission to foster regional development opportunities across 11 counties. With the initial support from Lilly Endowment Inc., they are implementing an education and workforce plan, along with a Regional Opportunity Fund for quality-of-place investments. Their primary focus lies in connecting education to industry and creating a local workforce that meets the demands of employers. To achieve this, they are conducting a comprehensive and ongoing occupational needs assessment, initially focused on life sciences, advanced manufacturing, and national security and defense sectors. The results of this assessment guide various initiatives and strategies aimed at enhancing the region's workforce and economic development. With a team of eight dedicated individuals, Regional Opportunity Initiatives Inc plays a vital role in promoting growth and prosperity in Southwest Central Indiana.
Official website here: www.swcindiana.org
Is Regional Opportunity Initiatives Inc legitimate?
Regional Opportunity Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Opportunity Initiatives 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:
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Other Salaries and Wages: $632,743
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Official website here: www.swcindiana.org
What is the mission statement of Regional Opportunity Initiatives Inc?
The Regional Opportunity Initiatives Inc's mission is centered around supporting development opportunities in a regional context. Specifically, their mission encompasses the 11 counties of southwest central Indiana. To accomplish this, they have initiated an education and workforce plan, along with a Regional Opportunity Fund, for investments in quality-of-place. Their strategy involves connecting education with industry, aiming to create a local workforce equipped to meet employer demands. As part of this endeavor, the organization is conducting a comprehensive and ongoing occupational needs assessment, initially focusing on life sciences, advanced manufacturing, and national security and defense sectors. The findings from this assessment provide insights to inform various initiatives and strategies across the 11-county region.
Official website here: www.swcindiana.org
Who is the CEO of Regional Opportunity Initiatives Inc?
Tina Peterson is the Chair of Regional Opportunity Initiatives Inc.
Official website here: www.swcindiana.org
What is the revenue of Regional Opportunity Initiatives Inc?
Regional Opportunity Initiatives Inc's revenue in 2022 was $224,895.
Official website here: www.swcindiana.org
Who are the executives of Regional Opportunity Initiatives Inc and what are their salaries?
The average compensation at Regional Opportunity Initiatives Inc during 2022 was $79,093. There are 8 employees and 17 volunteers at Regional Opportunity Initiatives Inc.
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- Related: $161,490
- Other: $4,845
Official website here: www.swcindiana.org
Where can I find the form 990 for Regional Opportunity Initiatives Inc?
Regional Opportunity Initiatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swcindiana.org
Learn more at the official website: www.swcindiana.org
Mission Statement of Regional Opportunity Initiatives Inc
Regional Opportunity Initiatives Inc, a nonprofit organization, is committed to fostering growth opportunities in the 11 counties of southwest central Indiana. Their mission is centered around supporting regional development, aiming to align education and workforce needs with the demands of local employers. To achieve this, they have implemented an education and workforce plan, along with a Regional Opportunity Fund for quality-of-place investments.
The organization's approach is twofold. Firstly, they are conducting a comprehensive and ongoing occupational needs assessment within the region, with an initial focus on life sciences, advanced manufacturing, and national security and defense sectors. The results of this assessment serve as a vital source of information, influencing a wide range of initiatives and strategies across the 11-county region. Secondly, by connecting education to industry, Regional Opportunity Initiatives Inc is working towards creating a local workforce that is adequately prepared to meet the needs of employers. This mission is essential in driving regional development and ensuring the success of businesses within the area.
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Impact
October, 2024
Regional Opportunity Initiatives Inc is driving significant change in Southwest Central Indiana by focusing on regional development opportunities across 11 counties. The organization implements a comprehensive education and workforce plan aimed at aligning educational outcomes with industry needs. Through targeted initiatives, it is creating a local workforce that is equipped to meet the demands of employers, particularly in sectors like life sciences, advanced manufacturing, and national security and defense.
By conducting a thorough and ongoing occupational needs assessment, the organization identifies key skills and workforce gaps within the region. This data informs a variety of strategic initiatives and investments, enhancing the quality of life and economic stability in the area. Their efforts to foster connections between education and industry not only prepare residents for meaningful employment but also help attract and retain businesses, ultimately contributing to sustainable regional growth and development.
This information is meant to be a general summary of Regional Opportunity Initiatives 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: $14,865
- Gross Receipts: $10,701,257
Assets and Liabilities:
- Total Assets: $9,246,846
- Total Liabilities: $98,068
- Net Assets: $9,148,778
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Organization Details
Founding Year
2015
Phone
(812) 287-8116Principal Officer
Tina Peterson
Main Address
100 S COLLEGE AVENUE 240, BLOOMINGTON, IN, 47404
Website
www.swcindiana.orgNTEE Category
Code: T30 - Philanthropy
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