Overview
What is Rural Capital Area Workforce Development Board?
The Rural Capital Area Workforce Development Board, also known as Workforce Solutions Rural Capital Area, is a nonprofit organization based in Cedar Park, Texas. They provide essential services in the nine-county area by giving job seekers and businesses access to local resources, including no-cost training, recruitment, and employment services. The board's mission is to create an employer-driven workforce that caters to the demands of the global economy. This is accomplished by engaging business leaders in decision-making, identifying labor and economic trends, and offering customized training programs. Additionally, they provide a subsidy for childcare for low-income individuals participating in job training programs. With a team of 15 employees, they aim to promote the welfare and education of job seekers while helping businesses hire higher-skilled workers.
Official website here: www.workforcesolutionsrca.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
The Rural Capital Area Workforce Development Board holds a solid Three-Star rating from Charity Navigator, reflecting its commendable performance in accountability and finance. With an overall score of 88%, the organization demonstrates strong governance, boasting a fully independent board and comprehensive policies regarding conflicts of interest and whistleblower protections. Additionally, the board effectively manages its financial oversight, as evidenced by perfect scores in several key areas related to transparency and document management.
Strengths of the organization include a high program expense ratio of 97.22%, indicating that a significant portion of its funding is directed toward programmatic efforts rather than administrative costs. The absence of material diversion of assets and the presence of an audit and oversight committee further underscore its financial integrity. These factors contribute to a trustworthy reputation among stakeholders and potential donors.
However, the organization’s liabilities to assets ratio stands at 65.91%, which may indicate some financial risk that could be a concern in the long term. While the overall rating and financial practices are strong, prospective supporters may want to consider the implications of this ratio on the organization's sustainability and capacity for future growth.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Rural Capital Area Workforce Development Board?
92% of reviewers on Facebook recommend the Rural Capital Area Workforce Development Board. Here’s a summary of their thoughts:
Many reviewers highlight the organization as an invaluable asset for both businesses and job-seekers in the community. They appreciate the focus on enhancing workforce opportunities and the effective service delivery that is perceived as a return on taxpayer investment. The sentiment is that the organization is genuinely committed to supporting individuals and fostering regional prosperity through its programs.
Overall, the consensus reflects strong satisfaction with the services provided, showcasing the nonprofit's dedication to serving the community and addressing the needs of its members.
This AI summary has been generated from reviews found on Facebook.
Is Rural Capital Area Workforce Development Board legitimate?
Rural Capital Area Workforce Development Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural Capital Area Workforce Development Board 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,447,739
For more financial information, click here
Official website here: www.workforcesolutionsrca.com
What is the mission statement of Rural Capital Area Workforce Development Board?
The Rural Capital Area Workforce Development Board is a non-profit organization dedicated to bridging the gap between job seekers and businesses in their community. Their mission is to create an employer-driven workforce that can keep up with the demands of the global economy. They involve business leaders in making decisions related to labor and economic trends, providing them with customized training solutions, and helping them hire a more skilled workforce. Simultaneously, they promote the welfare, education, and job placement of job seekers. The board offers a childcare subsidy for individuals from low-income backgrounds who are participating in job training programs.
Official website here: www.workforcesolutionsrca.com
Who is the CEO of Rural Capital Area Workforce Development Board?
Paul Fletcher is the Ceo of Rural Capital Area Workforce Development Board. The CEO's salary of Rural Capital Area Workforce Development Board is $152,306 and their total compensation is $188,528.
Official website here: www.workforcesolutionsrca.com
What is the revenue of Rural Capital Area Workforce Development Board?
Rural Capital Area Workforce Development Board's revenue in 2022 was $40,193,849.
Official website here: www.workforcesolutionsrca.com
Who are the executives of Rural Capital Area Workforce Development Board and what are their salaries?
The average compensation at Rural Capital Area Workforce Development Board during 2022 was $96,516. There are 15 employees at Rural Capital Area Workforce Development Board.
Here are 32 key members and their salaries (Rural Capital Area Workforce Development Board's CEO's salary is $152,306 and their total compensation is $188,528):
- Compensation: $152,306
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- Other: $36,222
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- Other: $16,979
- Compensation: $100,007
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- Other: $18,732
- Compensation: $103,536
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- Other: $10,217
- Compensation: $96,631
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- Other: $13,106
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Official website here: www.workforcesolutionsrca.com
Where can I find the form 990 for Rural Capital Area Workforce Development Board?
Rural Capital Area Workforce Development Board's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.workforcesolutionsrca.com
Learn more at the official website: www.workforcesolutionsrca.com
Mission Statement of Rural Capital Area Workforce Development Board
The Rural Capital Area Workforce Development Board is a dedicated non-profit organization that plays a vital role in connecting individual job seekers and local businesses within a nine-county area. By offering no-cost training, recruitment, and employment services, this entity bridges the gap between skilled labor and the demands of the global economy.
In line with its mission, the Rural Capital Area Workforce Development Board strives to create an employer-driven workforce. It achieves this by actively engaging business leaders in decision-making processes. These leaders are equipped to identify labor and economic trends and can benefit from customized training programs. As a result, they are better positioned to hire a more skilled and productive workforce.
Moreover, the organization is committed to promoting the welfare, education, training, and job placement of job seekers. It empowers them to acquire the necessary skills to succeed in the workforce and contribute to the economic growth of their communities.
One of the ways the Rural Capital Area Workforce Development Board supports its mission is by providing a subsidy for childcare for low-income individuals enrolled in job training programs. This crucial assistance enables these individuals to focus on their studies and career advancement, without the added financial burden of childcare costs.
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Impact
October, 2024
The Rural Capital Area Workforce Development Board significantly enhances the local economy by facilitating no-cost training, recruitment, and employment services for job seekers and businesses across a nine-county area. By connecting individuals to local Workforce Solutions, it empowers job seekers with the skills needed for successful employment while simultaneously equipping businesses to meet their workforce demands.
One of its key initiatives is providing subsidies for childcare to low-income individuals enrolled in job training programs, ensuring that financial barriers do not hinder access to employment opportunities. The Board's mission to build an employer-driven workforce enables active collaboration with business leaders, helping them identify labor and economic trends. This strategic involvement allows for customized training programs that align with industry needs, ultimately leading to the hiring of highly skilled workers.
Through these efforts, the Rural Capital Area Workforce Development Board plays a pivotal role in promoting workforce development, education, training, and effective job placement, thereby fostering economic growth and stability within the community.
This information is meant to be a general summary of Rural Capital Area Workforce Development Board. 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.
- Program Service Revenue: $669,275
- Gross Receipts: $40,193,849
Assets and Liabilities:
- Total Assets: $4,756,057
- Total Liabilities: $3,134,751
- Net Assets: $1,621,306
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract Revenue
Revenue
$669,275
Organization Details
Founding Year
1996
Phone
(512) 244-7966Principal Officer
Paul Fletcher
Main Address
701 E Whitestone Blvd Ste 200, Cedar Park, TX, 78613
NTEE Category
Code: J220 - Employment
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