Overview
What is Region Vi Workforce Investment Board Inc?
Region Vi Workforce Investment Board Inc, based in White Hall, West Virginia, is a renowned nonprofit organization. Their primary mission is to enhance employment opportunities and promote skill development among individuals, thereby improving the overall workforce quality. By providing a robust framework for local workforce preparation, they aim to empower individuals to boost their employment, retention, and earnings. With a team of seven dedicated professionals, they strive to increase occupational skill attainment, ultimately contributing to a stronger and more productive workforce.
Official website here: www.regionviwv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
Region Vi Workforce Investment Board Inc has received a Three-Star rating from Charity Navigator, indicating a reasonable level of accountability and finance management. The organization's score is primarily based on its accountability practices, reflecting a strong governance framework with 100% independent board members and comprehensive financial oversight.
The nonprofit excels in its financial management, demonstrated by a high program expense ratio of 90.66%, ensuring that a significant portion of its resources is directed toward its mission. Additionally, its commitment to transparency is evident through its documented policies, including a conflict of interest policy and secure document retention practices.
However, the organization does have a notable limitation; it lacks a whistleblower policy, which could enhance its accountability framework. Furthermore, the liabilities to assets ratio indicates some financial risk that may warrant further attention. Overall, while the organization shows strengths in governance and program delivery, addressing these weaknesses would bolster its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Region Vi Workforce Investment Board Inc legitimate?
Region Vi Workforce Investment Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Region Vi 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: $82,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $383,415
For more financial information, click here
Official website here: www.regionviwv.org
What is the mission statement of Region Vi Workforce Investment Board Inc?
The Region Vi Workforce Investment Board Inc's mission is to establish a framework for local workforce preparation and employment systems. Their primary goal is to provide opportunities that enhance employment, retention, and earnings for individuals. Furthermore, they aim to boost occupational skill attainment, thereby improving the overall quality of the workforce. In essence, their mission is to contribute to the local community by fostering a skilled and employable workforce.
Official website here: www.regionviwv.org
Who is the CEO of Region Vi Workforce Investment Board Inc?
Maria Larry is the Executive Director of Region Vi Workforce Investment Board Inc.
Official website here: www.regionviwv.org
What is the revenue of Region Vi Workforce Investment Board Inc?
Region Vi Workforce Investment Board Inc's revenue in 2023 was $4,366,592.
Official website here: www.regionviwv.org
Who are the executives of Region Vi Workforce Investment Board Inc and what are their salaries?
The average compensation at Region Vi Workforce Investment Board Inc during 2023 was $66,585. There are 7 employees at Region Vi Workforce Investment Board Inc.
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Official website here: www.regionviwv.org
Where can I find the form 990 for Region Vi Workforce Investment Board Inc?
Region Vi Workforce Investment Board Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.regionviwv.org
Learn more at the official website: www.regionviwv.org
Mission Statement of Region Vi Workforce Investment Board Inc
Region Vi Workforce Investment Board Inc is committed to providing a framework for local workforce preparation and employment systems. Their mission is to offer opportunities for individuals to enhance their employment prospects, retention rates, and earnings, while simultaneously improving their occupational skill attainment. By doing so, the organization aims to enhance the overall quality of the workforce. In essence, Region Vi Workforce Investment Board Inc serves as a catalyst for fostering a skilled and employed workforce, thereby contributing to the broader economic development of the community.
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Impact
July, 2024
Region Vi Workforce Investment Board Inc has had a significant impact on the community in White Hall, WV by providing opportunities for individuals to increase their employment, retention, and earnings. Through their efforts, they have helped in increasing occupational skill attainment, ultimately improving the overall quality of the workforce in the region. Their work serves as a framework for local workforce preparation and empowers individuals to succeed in their careers.
This information is meant to be a general summary of Region Vi 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 2023.
- Investment Income: $192
- Gross Receipts: $4,366,592
Assets and Liabilities:
- Total Assets: $477,148
- Total Liabilities: $326,549
- Net Assets: $150,599
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Organization Details
Founding Year
2000
Phone
(304) 368-9530Principal Officer
Maria Larry
Main Address
17 MIDDLETOWN ROAD, WHITE HALL, WV, 26554
Website
www.regionviwv.orgNTEE Category
Code: S20 - Community improvement
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