Overview
What is Shenandoah Valley Workforce Development Board Inc?
Shenandoah Valley Workforce Development Board Inc, located in Harrisonburg, Virginia, is a nonprofit organization with a mission to foster partnerships that generate workforce opportunities. Their primary focus is on cultivating businesses, promoting job growth, developing individuals, and contributing to community development. They offer job training programs under the WIOA Adult Program, specifically targeting adults with certain criteria and a demonstrated need for training. Through this initiative, they equip individuals with skills that make them more marketable, ultimately enhancing their employment prospects. The organization, with a workforce of 20 employees, is dedicated to bridging the gap between job seekers and available employment opportunities.
Official website here: www.valleyworkforce.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Shenandoah Valley Workforce Development Board Inc has received a solid rating of 81%, indicating a good level of accountability and finance management. This score is derived entirely from their performance in the Accountability & Finance beacon, which reflects their commitment to transparency and responsible financial practices.
One of the key strengths of the organization is its governance structure, featuring a fully independent board comprised of 37 members. Additionally, the organization scored full points in various areas such as audit oversight, conflict of interest policy, and whistleblower policy, demonstrating strong ethical standards and procedures. The high program expense ratio of 89.15% indicates that a significant portion of their funds is directed towards their mission-related programs.
However, while the organization excels in many areas, it scored zero points in the liabilities to assets ratio, which may indicate potential financial risk. This aspect suggests that while the organization appears to manage its finances well overall, it may need to pay closer attention to its financial liabilities in relation to its assets to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Shenandoah Valley Workforce Development Board Inc legitimate?
Shenandoah Valley Workforce Development Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shenandoah Valley Workforce Development Board 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: $124,286
Professional Fundraising Fees: $0
Other Salaries and Wages: $641,725
For more financial information, click here
Official website here: www.valleyworkforce.com
What is the mission statement of Shenandoah Valley Workforce Development Board Inc?
The Shenandoah Valley Workforce Development Board Inc's mission is focused on fostering collaborations to create workforce opportunities. This mission aims to stimulate business growth, increase job availability, enhance personal development, and contribute to community building. By doing so, the organization seeks to provide job training opportunities for adults who meet specific criteria and have a demonstrated need for such training, equipping them with marketable skills.
Official website here: www.valleyworkforce.com
Who is the CEO of Shenandoah Valley Workforce Development Board Inc?
Sharon Johnson is the CEO of Shenandoah Valley Workforce Development Board Inc The CEO's salary of Shenandoah Valley Workforce Development Board Inc is $124,285 and their total compensation is $124,285.
Official website here: www.valleyworkforce.com
What is the revenue of Shenandoah Valley Workforce Development Board Inc?
Shenandoah Valley Workforce Development Board Inc's revenue in 2024 was $2,012,671.
Official website here: www.valleyworkforce.com
Who are the executives of Shenandoah Valley Workforce Development Board Inc and what are their salaries?
The average compensation at Shenandoah Valley Workforce Development Board Inc during 2024 was $38,301. There are 20 employees and 37 volunteers at Shenandoah Valley Workforce Development Board Inc.
Here are 31 key members and their salaries (Shenandoah Valley Workforce Development Board Inc's CEO's salary is $124,285 and their total compensation is $124,285):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $124,285
- Related: $0
- Other: $0
Official website here: www.valleyworkforce.com
Where can I find the form 990 for Shenandoah Valley Workforce Development Board Inc?
Shenandoah Valley Workforce Development Board Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.valleyworkforce.com
Learn more at the official website: www.valleyworkforce.com
Mission Statement of Shenandoah Valley Workforce Development Board Inc
Shenandoah Valley Workforce Development Board Inc is an organization dedicated to building partnerships that foster workforce opportunities, stimulate business growth, empower individuals, and contribute to community development. Their mission is multifaceted, aimed at creating a conducive environment for job creation and skill development. By cultivating collaborations, they strive to make businesses thrive, expand the job market, and enable personal growth. Ultimately, their goal is to strengthen the community as a whole. Under their auspices, adult individuals who meet certain criteria and demonstrate a need for training receive job-specific education, equipping them with skills that increase their marketability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Shenandoah Valley Workforce Development Board Inc's impact can be seen in the opportunities it creates for individuals in the workforce. By building partnerships that cultivate business, grow jobs, develop people, and build community, SVWDB plays a crucial role in providing job training for adults under programs like the WIOA Adult Program. Through targeted training in specific skill areas, SVWDB helps individuals enhance their marketability and secure employment opportunities. This direct impact on individuals contributes to the overall growth and development of the workforce in the Harrisonburg area.
This information is meant to be a general summary of Shenandoah Valley Workforce Development Board 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 2024.
- Investment Income: $185
- Gross Receipts: $2,012,671
Assets and Liabilities:
- Total Assets: $773,567
- Total Liabilities: $741,276
- Net Assets: $32,291
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
If you are a representative of Shenandoah Valley Workforce Development Board Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.