Overview
What is South Western Wv Region 2 Workforce Investment Board Inc?
South Western WV Region 2 Workforce Investment Board Inc is a nonprofit organization situated in Huntington, West Virginia, specifically at 2699 Park Avenue. Their primary mission is to offer guidance and exert oversight over activities within the Workforce Development System and its service delivery area. This nonprofit organization operates with a focus on providing various activities under the Workforce Development System. As of the provided information, they have a workforce of 38 individuals committed to contributing to their mission.
Official website here: www.wvregion2.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93%, Four-Star out of Four Star rating.
The South Western WV Region 2 Workforce Investment Board Inc has achieved an impressive 93% rating, indicating strong performance in accountability and finance. The organization boasts a fully independent board with 21 members, reflecting a commitment to governance that prioritizes transparency and ethical oversight. Additionally, the financial statements are audited, and there is no indication of material diversion of assets, highlighting sound financial practices.
The organization's dedication to maintaining strong policies is evident, as it has established comprehensive guidelines including a conflict of interest policy, whistleblower policy, and document retention practices. With a program expense ratio of 91.60%, the board effectively allocates funds towards its core mission, demonstrating a commitment to maximizing the impact of its programs.
While the liabilities to assets ratio stands at 54.21%, which is a reasonable figure, it indicates a need for ongoing monitoring to maintain financial stability. Overall, the South Western WV Region 2 Workforce Investment Board Inc presents itself as a reputable nonprofit, excelling in both governance and program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is South Western Wv Region 2 Workforce Investment Board Inc legitimate?
South Western Wv Region 2 Workforce Investment Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Western Wv Region 2 Workforce Investment 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: $117,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $859,980
For more financial information, click here
Official website here: www.wvregion2.org
What is the mission statement of South Western Wv Region 2 Workforce Investment Board Inc?
The South Western WV Region 2 Workforce Investment Board Inc's mission is centered around providing activities under the Workforce Development System. This organization serves as a provider of policy guidance and maintains oversight, ensuring the effective execution of these activities within its service delivery area. Their primary goal is to contribute to the broader workforce development system, aiming to foster employment opportunities and skills development for individuals in need.
Official website here: www.wvregion2.org
Who is the CEO of South Western Wv Region 2 Workforce Investment Board Inc?
Melissa Bias is the Youth Chairman of South Western Wv Region 2 Workforce Investment Board Inc.
Official website here: www.wvregion2.org
What is the revenue of South Western Wv Region 2 Workforce Investment Board Inc?
South Western Wv Region 2 Workforce Investment Board Inc's revenue in 2022 was $4,765,252.
Official website here: www.wvregion2.org
Who are the executives of South Western Wv Region 2 Workforce Investment Board Inc and what are their salaries?
The average compensation at South Western Wv Region 2 Workforce Investment Board Inc during 2022 was $25,729. There are 38 employees at South Western Wv Region 2 Workforce Investment Board Inc.
Here are 26 key members and their salaries:
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Official website here: www.wvregion2.org
Where can I find the form 990 for South Western Wv Region 2 Workforce Investment Board Inc?
South Western Wv Region 2 Workforce Investment Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wvregion2.org
Learn more at the official website: www.wvregion2.org
Mission Statement of South Western Wv Region 2 Workforce Investment Board Inc
South Western Wv Region 2 Workforce Investment Board Inc is committed to providing activities within the workforce development system. Its mission, in essence, involves offering policy guidance and exercising oversight for these activities, ensuring they are carried out effectively within its service delivery area. This organization plays a crucial role in shaping and guiding workforce development initiatives, contributing to the betterment of the community by fostering employment opportunities and skill development.
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Impact
July, 2024
South Western WV Region 2 Workforce Investment Board Inc's impact can be seen in its dedication to providing activities under the workforce development system to enhance employment opportunities in the Huntington area of West Virginia. Through its policy guidance and oversight, the organization plays a crucial role in facilitating job training, skill development, and other workforce-related services. By focusing on workforce development, the organization contributes to the economic growth and prosperity of the region by connecting individuals with the resources they need to enter or advance in the workforce.
This information is meant to be a general summary of South Western Wv Region 2 Workforce Investment 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 2022.
- Gross Receipts: $4,765,252
Assets and Liabilities:
- Total Assets: $715,624
- Total Liabilities: $373,905
- Net Assets: $341,719
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Organization Details
Founding Year
2000
Phone
(304) 429-5900Principal Officer
Melissa Bias
Main Address
2699 PARK AVENUE, HUNTINGTON, WV, 25704
Website
www.wvregion2.orgNTEE Category
Code: J20 - Employment
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