Overview
What is Louisiana Human Resources Development Institute?
The Louisiana Human Resources Development Institute, abbreviated as LA HRD Institute, is a nonprofit organization situated in Baton Rouge, Louisiana. Their primary mission is to foster a skilled and trained workforce, achieving this through collaborative efforts with the Louisiana Workforce Commission, Business Career Solutions Centers, businesses, organized labor, educational institutions, and other service providers. Their activities include providing rapid response services to help dislocated workers transition back into employment as swiftly as possible. This rapid response strategy aims to serve two purposes: assisting growing companies in accessing a pool of skilled workers and responding to layoffs or plant closings by offering immediate aid to affected workers. The LA HRD Institute's services encompass core intensive Rapid Response activities on a statewide basis, tailored to the needs of the employer and the affected workers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Stars
The Louisiana Human Resources Development Institute has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial transparency. The organization's overall score is based entirely on its Accountability & Finance metrics, reflecting its commitment to responsible financial management practices.
One of the strengths of this nonprofit is its governance structure, featuring a fully independent board of directors, demonstrating a high level of accountability. Key financial indicators are strong, with a program expense ratio of 75.48%, signifying that a substantial portion of the funds is directed towards its programs rather than administrative costs. Additionally, the institute has successfully implemented a conflict of interest policy and maintains thorough documentation practices.
While the rating is commendable, it is important for potential donors to consider that the overall evaluation solely reflects financial and governance aspects. The organization may benefit from additional focus on other areas, such as program effectiveness and community impact, to enhance its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Louisiana Human Resources Development Institute legitimate?
Louisiana Human Resources Development Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Human Resources Development Institute 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: $132,649
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,691
For more financial information, click here
What is the mission statement of Louisiana Human Resources Development Institute?
The Louisiana Human Resources Development Institute's mission is centered around supporting the growth and sustainability of a skilled workforce in Louisiana. They achieve this by establishing a strong relationship and effective coordination with various entities such as the Louisiana Workforce Commission, Business Career Solutions Centers, businesses, organized labor, educational institutions, and other grant providers. The Institute's primary objective is to identify the unique needs and circumstances of displaced workers in Louisiana and ensure that each individual receives the services tailored to their chosen options. They also build relationships with other service providers to provide a comprehensive and coordinated response to the needs of these displaced workers. The Institute offers rapid response activities to help dislocated workers transition to employment as quickly as possible, acting as a proactive and flexible strategy to assist growing companies and respond to layoffs and plant closings.
Who is the CEO of Louisiana Human Resources Development Institute?
Janna Taylor is the Executive Director of Louisiana Human Resources Development Institute.
What is the revenue of Louisiana Human Resources Development Institute?
Louisiana Human Resources Development Institute's revenue in 2023 was $858,503.
Who are the executives of Louisiana Human Resources Development Institute and what are their salaries?
The average compensation at Louisiana Human Resources Development Institute during 2023 was $45,112. There are 12 employees at Louisiana Human Resources Development Institute.
Here are 5 key members and their salaries:
- Compensation: $62,805
- Related: $0
- Other: $0
- Compensation: $59,273
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Louisiana Human Resources Development Institute?
Louisiana Human Resources Development Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Louisiana Human Resources Development Institute
Louisiana Human Resources Development Institute, in its mission, aims to foster the growth and sustainability of a skilled and trained workforce in the state. It achieves this objective by establishing and maintaining strong relationships with various stakeholders, including the Louisiana Workforce Commission, Business Career Solutions Centers, businesses, organized labor, and educational institutions. The Institute's primary goal is to identify the unique needs and circumstances of dislocated workers in Louisiana and ensure that each individual receives tailored services to meet their specific requirements.
In fulfilling its mission, Louisiana Human Resources Development Institute plays a pivotal role in coordinating and building relationships with other service providers. It implements rapid response activities to assist dislocated workers in transitioning to employment as quickly as possible. The Institute employs a proactive, business-focused, and flexible strategy, known as Rapid Response, designed to achieve two primary purposes. Firstly, it helps growing companies gain access to a pool of skilled workers from other companies that are downsizing or have been trained in the required skills. Secondly, it responds to layoffs and plant closings by swiftly coordinating services and providing immediate aid to affected companies and their workers. The assistance provided includes core intensive Rapid Response services on a statewide basis, at times and locations determined by the LA Workforce Commission, the employer, and the needs of the affected workers. In essence, Louisiana Human Resources Development Institute's mission is to ensure a skilled and trained workforce in Louisiana, supporting dislocated workers in transitioning to new employment opportunities.
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Impact
July, 2024
Louisiana Human Resources Development Institute's impact is significant in supporting the growth and sustainment of a skilled and trained workforce in Louisiana. By effectively coordinating with the Louisiana Workforce Commission, Business Career Solutions Centers, businesses, organized labor, and educational institutions, the institute plays a crucial role in providing rapid response activities for dislocated workers. This involves planning and delivering re-employment services to help individuals transition into new employment opportunities as quickly as possible. Through their proactive and business-focused approach, the institute helps growing companies access skilled workers and responds swiftly to layoffs and plant closings by coordinating services and providing immediate aid to affected workers. Overall, Louisiana Human Resources Development Institute works diligently to ensure that dislocated workers in Louisiana have access to essential readjustment services and support to facilitate their re-employment journey.
This information is meant to be a general summary of Louisiana Human Resources Development Institute. 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: $3,157
- Gross Receipts: $858,503
Assets and Liabilities:
- Total Assets: $4,767
- Total Liabilities: $25,879
- Net Assets: -$21,112
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Organization Details
Founding Year
1988
Phone
(225) 925-7979Principal Officer
Janna Taylor
Main Address
1991 WOODDALE BLVD, BATON ROUGE, LA, 708061513
NTEE Category
Code: J20 - Employment
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