Overview
What is Central Florida Regional Workforce Development Board Inc?
Central Florida Regional Workforce Development Board Inc, also known as CareerSource Central Florida, is a nonprofit organization situated in Orlando, Florida. With a team of 306 employees, they focus on implementing programs under the Workforce Innovation and Opportunity Act (WIOA). Their primary mission is to help unskilled adults, youth, and dislocated workers in the five-county area by providing essential resources for job search assistance and training, enabling them to secure and maintain good employment opportunities. CareerSource Central Florida also contributes to the growth and development of local businesses by assisting them in acquiring skilled labor.
Official website here: www.careersourcecentralflorida.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% - Three-Star out of Four Star Rating
The Central Florida Regional Workforce Development Board Inc received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. With a perfect score for having a fully independent board and robust financial oversight, the organization demonstrates strong governance practices. The program expense ratio is commendable at 92.34%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs.
In terms of cultural and community engagement, the organization scored 77, suggesting some room for improvement in these areas. While there are established equity strategies in place, the feedback indicates that the organization could enhance its community outreach or inclusion efforts. Overall, the Board shows a commitment to transparency and accountability, which are critical for maintaining trust with donors and the communities it serves.
However, the slightly lower score in culture and community signifies that while the organization is performing well in financial matters, it may need to focus on building stronger connections within the community to further enhance its impact. Overall, the Board has a strong foundation but should work towards improving engagement and equity strategies.
This AI summary has been generated from information found on Charity Navigator.
Is Central Florida Regional Workforce Development Board Inc legitimate?
Central Florida Regional Workforce Development Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Florida Regional 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: $1,708,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,590,983
For more financial information, click here
Official website here: www.careersourcecentralflorida.com
What is the mission statement of Central Florida Regional Workforce Development Board Inc?
The Central Florida Regional Workforce Development Board, known as CareerSource Central Florida, plays a crucial role in facilitating business growth and talent development. Their mission is geared towards assisting businesses in this region by providing essential resources to help them expand and nurture their workforce.
Under the Workforce Innovation and Opportunity Act (WIOA), CareerSource Central Florida offers programs tailored to youth, unskilled adults, and dislocated workers in the five-county area. These programs aim to equip individuals with the necessary information, advice, job search assistance, and training required to secure and maintain gainful employment.
Simultaneously, the organization caters to employers by supplying them with a skilled labor force. By offering these services, CareerSource Central Florida plays a significant role in bridging the gap between job seekers and employers, thereby fostering a thriving and productive workforce within the community.
Official website here: www.careersourcecentralflorida.com
Who is the CEO of Central Florida Regional Workforce Development Board Inc?
Pamela Nabors is the CEO of Central Florida Regional Workforce Development Board Inc The CEO's salary of Central Florida Regional Workforce Development Board Inc is $258,263 and their total compensation is $299,949.
Official website here: www.careersourcecentralflorida.com
What is the revenue of Central Florida Regional Workforce Development Board Inc?
Central Florida Regional Workforce Development Board Inc's revenue in 2023 was $47,835,121.
Official website here: www.careersourcecentralflorida.com
Who are the executives of Central Florida Regional Workforce Development Board Inc and what are their salaries?
The average compensation at Central Florida Regional Workforce Development Board Inc during 2023 was $46,731. There are 306 employees and 31 volunteers at Central Florida Regional Workforce Development Board Inc.
Here are 43 key members and their salaries (Central Florida Regional Workforce Development Board Inc's CEO's salary is $258,263 and their total compensation is $299,949):
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Official website here: www.careersourcecentralflorida.com
Where can I find the form 990 for Central Florida Regional Workforce Development Board Inc?
Central Florida Regional Workforce Development Board Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.careersourcecentralflorida.com
Learn more at the official website: www.careersourcecentralflorida.com
Mission Statement of Central Florida Regional Workforce Development Board Inc
Central Florida Regional Workforce Development Board Inc, also known as CareerSource Central Florida, is a dynamic organization dedicated to helping businesses thrive by developing and nurturing talent in the local community. By providing essential resources and services, this nonprofit plays a pivotal role in bridging the gap between businesses seeking skilled workers and individuals looking to acquire new skills or re-enter the workforce.
As stated in their mission description, CareerSource Central Florida is committed to empowering businesses to grow and develop their workforce. They accomplish this through a range of programs under the Workforce Innovation and Opportunity Act (WIOA). These programs cater to youth, unskilled adults, and dislocated workers in the five-county area, offering them vital information, advice, job search assistance, and training. This enables these individuals to secure and maintain gainful employment, thereby contributing to the overall economic growth of the community.
Moreover, CareerSource Central Florida plays a significant role in enhancing the competitiveness of local businesses by connecting them with a skilled workforce. By offering tailored training programs, the organization ensures that workers possess the necessary skills to meet the evolving demands of various industries. In doing so, they help businesses stay competitive and maintain a strong presence in their respective markets. Thus, Central Florida Regional Workforce Development Board Inc serves as a vital link between individuals seeking employment opportunities and businesses in need of skilled workers, fostering a vibrant and prosperous workforce in Central Florida.
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Impact
October, 2024
Central Florida Regional Workforce Development Board Inc significantly impacts the local economy by connecting businesses with skilled workers and equipping individuals with the necessary tools to secure meaningful employment. Through programs under the Workforce Innovation and Opportunity Act (WIOA), the organization provides invaluable resources such as job search assistance, training, and career advice to youth, unskilled adults, and dislocated workers in the five-county area.
By fostering talent development, the Board helps mitigate workforce gaps, ensuring that local employers have access to a pool of qualified candidates. This not only aids businesses in growth and innovation but also enhances the overall economic stability of the region. Additionally, the emphasis on training and skill development empowers individuals to achieve sustainable employment, thereby improving their quality of life and contributing to community vitality.
Overall, the Central Florida Regional Workforce Development Board Inc plays a crucial role in shaping a robust workforce that benefits both the community and the businesses that drive its economy.
This information is meant to be a general summary of Central Florida Regional 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 2023.
- Investment Income: $7,370
- Gross Receipts: $47,835,121
Assets and Liabilities:
- Total Assets: $5,826,799
- Total Liabilities: $3,390,951
- Net Assets: $2,435,848
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Organization Details
Founding Year
1996
Principal Officer
Pamela Nabors
NTEE Category
Code: J22 - Employment
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