Overview
What is Careersource Palm Beach County Inc?
Careersource Palm Beach County Inc, located in West Palm Beach, Florida, functions as a workforce development nonprofit organization, focusing on bridging the gap between employers and job seekers. During the 2021-2022 program year, they served 705 Adult and Dislocated Workers, providing them with career services and assessments to help plan their future careers. Of these individuals, 160 were new recipients who received $347,209.53 in individual training accounts (ITAs). Additionally, 33 trainees were enrolled in the On-the-Job Training (OJT) program, with $204,600.53 reimbursed to employers. A total of 105 individuals, approximately 90% of those scheduled, successfully completed their training, and 394 exited the program with positive employment outcomes. Careersource Palm Beach County's primary mission is to create and manage a responsive workforce development strategy tailored to the needs and concerns of both employers and job seekers.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Star rating).
Careersource Palm Beach County Inc has earned a Three-Star rating, indicating a solid level of accountability and financial health. The organization boasts a perfect score for having an entirely independent board and maintaining a considerable number of independent members. Additionally, it has demonstrated strong oversight with its financial statements and has implemented key policies such as conflict of interest and whistleblower protections.
The organization excels in its program expense ratio, with a significant 91.54% of its expenses directed towards its programs. This is a positive indicator of its commitment to maximizing its resources for its mission. The charity has also ensured transparency through documented board meeting minutes and a comprehensive audit and oversight committee.
While the financial health appears robust, the compensation for key personnel is noteworthy, with the President earning $237,426 annually. This may raise questions for some donors about overall salary distribution within the organization. However, the strong governance and commitment to accountability contribute positively to its reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Careersource Palm Beach County Inc legitimate?
Careersource Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Careersource Palm Beach County 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:
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For more financial information, click here
What is the mission statement of Careersource Palm Beach County Inc?
Careersource Palm Beach County Inc is dedicated to creating and managing a responsive workforce development strategy that caters to the requirements of both employers and job seekers. Their primary objective under the Workforce Innovation and Opportunity Act (WIOA) is to assist Adult and Dislocated Workers with career planning and training services. During the 2021-2022 program year, 705 individuals received career services, with 160 new recipients benefiting from individual training accounts and 33 trainees enrolled in the On-the-Job Training program. A significant number of participants, 105 out of 117 scheduled, completed their training, leading to a positive employment outcome for 394 WIOA Adult and Dislocated Workers, representing 56% of the total program population.
Who is the CEO of Careersource Palm Beach County Inc?
Julia Dattolo is the President/Ceo of Careersource Palm Beach County Inc. The CEO's salary of Careersource Palm Beach County Inc is $0 and their total compensation is $281,225.
What is the revenue of Careersource Palm Beach County Inc?
Careersource Palm Beach County Inc's revenue in 2022 was $14,436,935.
Who are the executives of Careersource Palm Beach County Inc and what are their salaries?
Here are 30 key members and their salaries (Careersource Palm Beach County Inc's CEO's salary is $0 and their total compensation is $281,225):
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Where can I find the form 990 for Careersource Palm Beach County Inc?
Careersource Palm Beach County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Careersource Palm Beach County Inc
Careersource Palm Beach County Inc, a workforce development organization, is dedicated to designing and managing a responsive strategy that caters to the needs and concerns of both employers and job seekers. This mission is geared towards bridging the gap between the workforce and the job market, ensuring a thriving and productive community.
The primary focus of Careersource Palm Beach County Inc is to craft and supervise a workforce development strategy that is adaptable to the demands of employers and job seekers. By providing career services and training, this nonprofit enables individuals to acquire essential skills, increasing their employability while fulfilling the labor requirements of various industries.
During the 2021-2022 Program Year, Careersource Palm Beach County Inc served 705 active Adult and Dislocated Workers. Among these individuals, 160 were new recipients of individual training accounts (ITAs), with a combined encumbrance of $347,209.53. Additionally, 33 trainees were enrolled in the On-the-Job Training (OJT) program, with a total of $204,600.53 reimbursed to employers. With 117 individuals scheduled to complete their training, a substantial number of 105 (90%) successfully achieved this milestone. Furthermore, 394 WIOA Adult and Dislocated Workers (56%) exited the program with a positive outcome – employment. This data underscores the organization's success in facilitating meaningful employment opportunities for its clients.
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Impact
October, 2024
CareerSource Palm Beach County Inc plays a crucial role in workforce development by effectively connecting job seekers with employment opportunities and addressing the needs of local employers. In the 2021-2022 program year, the organization actively managed support for 705 Adult and Dislocated Workers, providing essential career services and training that helped individuals enhance their skills and improve their employability.
The initiative resulted in significant outcomes: 394 participants, representing 56% of those enrolled in the Workforce Innovation and Opportunity Act (WIOA) program, successfully achieved employment after receiving support. The organization’s efforts included financial assistance through Individual Training Accounts, with $347,209.53 allocated to new recipients for specialized training. Additionally, the On-the-Job Training (OJT) program facilitated practical work experience, allowing 33 trainees to earn wages while employers received a collective reimbursement of $204,600.53.
With a commendable completion rate of 90% among those scheduled to finish their training, CareerSource Palm Beach County Inc has made a measurable impact on both the local workforce and business community in West Palm Beach, Florida. By prioritizing the development of tailored workforce strategies, the organization drives economic growth and enhances the quality of life for individuals and families in the area.
This information is meant to be a general summary of Careersource Palm Beach County 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: $475
- Gross Receipts: $14,436,935
Assets and Liabilities:
- Total Assets: $2,317,114
- Total Liabilities: $887,352
- Net Assets: $1,429,762
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Organization Details
Founding Year
1996
Phone
(561) 340-1060Principal Officer
Julia Dattolo
Main Address
3400 BELVEDERE ROAD, WEST PALM BEACH, FL, 33406
NTEE Category
Code: J20Z - Employment
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