Overview
What is Suncoast Workforce Board Inc?
Suncoast Workforce Board Inc, operating under the name CareerSource Suncoast, is a nonprofit organization situated in Sarasota, Florida. Their primary mission is to bridge the gap between job seekers and employers on the Suncoast region, offering recruitment, training, and talent retention services. The organization's WIOA programs cater to youth, adults, and dislocated workers, providing them with essential job search assistance, training, and necessary resources. During the recent fiscal year, 176 adults and dislocated workers, along with 33 youth participants, were served through these programs. The organization's dedication to the community involves recruiting, training, and retaining skilled workers, thereby enhancing the local workforce. With a team of 133 employees, Suncoast Workforce Board Inc continues to contribute to the employment landscape of Florida.
Official website here: www.careersourcesuncoast.com
What are the reviews and ratings of this charity?
**Rating:** 100% (Four-Star out of Four Star rating from Charity Navigator)
The Suncoast Workforce Board Inc demonstrates exceptional accountability and financial transparency with a perfect score of 100% from Charity Navigator. This high rating indicates a well-managed organization, largely attributed to its independent board comprising 100% independent members—ensuring no conflicts of interest and a robust oversight structure. The financial strength is highlighted by an impressive program expense ratio of 91.57%, indicating that a large majority of funds are directed toward the organization's mission.
Additionally, Suncoast Workforce Board Inc has established multiple policies that further bolster its operational integrity, including whistleblower, conflict of interest, and document retention policies. The organization's commitment to maintaining transparency is evident with its financial statements being readily accessible on its website, alongside meeting documentation. This level of oversight and engagement is beneficial for stakeholders who wish to ensure their contributions are used effectively.
There are no user reviews available from GreatNonprofits at this time, limiting insights from personal experiences related to the organization’s programs and overall impact. However, the financial and operational strengths outlined by Charity Navigator suggest a solid foundation for service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Suncoast Workforce Board Inc legitimate?
Suncoast Workforce Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suncoast Workforce 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: $628,945
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,669,001
For more financial information, click here
Official website here: www.careersourcesuncoast.com
What is the mission statement of Suncoast Workforce Board Inc?
The Suncoast Workforce Board Inc's mission is centered around recruiting, training, and retaining talent for employers in Florida's Suncoast region. Their primary objective is to equip individuals with the necessary skills and resources to secure and maintain good jobs, while simultaneously providing employers with a skilled workforce. The organization offers various programs under the Workforce Innovation and Opportunity Act (WIOA), catering to youth, adults, and dislocated workers. These programs provide essential assistance, job search guidance, and training to help individuals succeed in their careers. The Adult Program focuses on economically disadvantaged individuals aged 22 and above, while the Dislocated Worker Program targets individuals who have been laid off and may not be able to return to their previous occupation. During the previous fiscal year, a total of 176 participants were served in these programs, with 33 youth participants also receiving support.
Official website here: www.careersourcesuncoast.com
Who is the CEO of Suncoast Workforce Board Inc?
Joshua Matlock is the Board Chair of Suncoast Workforce Board Inc. The CEO's salary of Suncoast Workforce Board Inc is $112,875 and their total compensation is $130,448.
Official website here: www.careersourcesuncoast.com
What is the revenue of Suncoast Workforce Board Inc?
Suncoast Workforce Board Inc's revenue in 2022 was $7,055,216.
Official website here: www.careersourcesuncoast.com
Who are the executives of Suncoast Workforce Board Inc and what are their salaries?
The average compensation at Suncoast Workforce Board Inc during 2022 was $24,797. There are 133 employees and 26 volunteers at Suncoast Workforce Board Inc.
Here are 31 key members and their salaries (Suncoast Workforce Board Inc's CEO's salary is $112,875 and their total compensation is $130,448):
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Official website here: www.careersourcesuncoast.com
Where can I find the form 990 for Suncoast Workforce Board Inc?
Suncoast Workforce Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.careersourcesuncoast.com
Learn more at the official website: www.careersourcesuncoast.com
Mission Statement of Suncoast Workforce Board Inc
Suncoast Workforce Board Inc is dedicated to achieving its mission of recruiting, training, and retaining talent for employers on Florida's Suncoast region. By serving youth, adults, and dislocated workers, this nonprofit organization strives to provide them with the necessary resources and support to secure and maintain good jobs. The Adult Program, catering to economically disadvantaged individuals aged 22 and above, offers training and assistance to help participants develop the skills needed to succeed in the job market. Meanwhile, the Dislocated Worker Program focuses on supporting participants who have been laid off and are unlikely to return to their former occupations.
In addition, Suncoast Workforce Board Inc offers a Youth Program, which serves participants between the ages of 16 and 21 who face barriers in obtaining employment. The organization's commitment to helping individuals overcome employment challenges is reflected in the 176 adult and dislocated worker program participants and the 33 youth participants it served during the fiscal year. By offering these programs, Suncoast Workforce Board Inc plays a vital role in equipping the workforce of the Suncoast region with the skills and opportunities necessary to thrive in the job market.
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Impact
July, 2024
Suncoast Workforce Board Inc's impact lies in its commitment to recruiting, training, and retaining talent for employers on the Suncoast of Florida. Through its Workforce Innovation and Opportunity Act (WIOA) program, the organization provides crucial support to youth, adults, and dislocated workers by offering job search assistance, training, and guidance to secure and maintain good jobs. The adult program targets economically disadvantaged individuals aged 22 and older, while the dislocated worker program focuses on those who have been laid off and are unlikely to return to their former occupation. In the past year, Suncoast Workforce Board Inc served 176 participants in the adult and dislocated worker programs. Additionally, the organization's youth program assists participants aged 16-21 who face barriers to employment, with 33 youth benefiting from these services during the fiscal year. Suncoast Workforce Board Inc's impact is clear in its efforts to bridge the gap between job seekers and employers on the Suncoast of Florida, ultimately enhancing employment opportunities for individuals in the community.
This information is meant to be a general summary of Suncoast Workforce 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.
- Investment Income: $1,635
- Program Service Revenue: $155,609
- Gross Receipts: $7,148,198
Assets and Liabilities:
- Total Assets: $1,147,952
- Total Liabilities: $603,394
- Net Assets: $544,558
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REIMBURSEMENTS & FEES
Revenue
$155,609
Organization Details
Founding Year
1983
Phone
(941) 358-4200Principal Officer
Joshua Matlock
Main Address
3660 NORTH WASHINGTON BLVD, SARASOTA, FL, 34234
Website
www.careersourcesuncoast.comNTEE Category
Code: J220 - Employment
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