Overview
What is Alamo Workforce Development Inc?
Alamo Workforce Development Inc, also known as Workforce Solutions-Alamo, is a nonprofit organization based in San Antonio, Texas. With a team of 52 employees, they serve the 13-county Alamo region and function as the governing board for the regional workforce system. Their mission is to strengthen the local economy by connecting talent pipelines to employers. Through the Texas Workforce Commission and the Child Care Development Fund, they provide subsidized childcare services to qualifying families, enabling parents to work and attend school or training to achieve self-sufficiency. Additionally, they collaborate with various stakeholders, including business, economic development, education, labor, community organizations, and government, to bring people and jobs together.
Official website here: www.workforcesolutionsalamo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Alamo Workforce Development Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and financial health. The organization boasts an impressive program expense ratio of 97.64%, demonstrating a commitment to dedicating funds primarily toward its mission-related activities. Additionally, the board is entirely independent, which fosters transparency and good governance.
The nonprofit has established solid policies, including those for conflicts of interest and whistleblower protections, reflecting its dedication to ethical practices. Its financial oversight mechanisms, including an audit and oversight committee, have received full marks, which further underscores its commitment to accountability. However, the organization does face a challenge with a liabilities to assets ratio of 98.70%, indicating that its liabilities are nearly equal to its assets, which could raise concerns about its financial sustainability moving forward.
Overall, while Alamo Workforce Development Inc shows many strengths in governance and program execution, the high liabilities relative to its assets suggests a need for careful financial management to ensure long-term viability. Potential donors and stakeholders may want to closely monitor these financial indicators.
This AI summary has been generated from information found on Charity Navigator.
Is Alamo Workforce Development Inc legitimate?
Alamo Workforce Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alamo Workforce Development 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: $475,979
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,960,418
For more financial information, click here
Official website here: www.workforcesolutionsalamo.org
What is the mission statement of Alamo Workforce Development Inc?
The Alamo Workforce Development Inc is a governing board that oversees the regional workforce system in a network of service providers and contractors. Their primary goal is to bridge the gap between job seekers and employers in the community. The organization represents the taxpayers of the 13-county region and is comprised of diverse constituents, including business, economic development, education, labor, community organizations, and government entities. The board's mission is to strengthen the local economy by fostering talent pipelines that connect individuals to employment opportunities.
Official website here: www.workforcesolutionsalamo.org
Who is the CEO of Alamo Workforce Development Inc?
Giovanna Escalante-Vela is the Ceo of Alamo Workforce Development Inc. The CEO's salary of Alamo Workforce Development Inc is $209,442 and their total compensation is $233,926.
Official website here: www.workforcesolutionsalamo.org
What is the revenue of Alamo Workforce Development Inc?
Alamo Workforce Development Inc's revenue in 2022 was $147,215,041.
Official website here: www.workforcesolutionsalamo.org
Who are the executives of Alamo Workforce Development Inc and what are their salaries?
The average compensation at Alamo Workforce Development Inc during 2022 was $66,085. There are 52 employees and 25 volunteers at Alamo Workforce Development Inc.
Here are 30 key members and their salaries (Alamo Workforce Development Inc's CEO's salary is $209,442 and their total compensation is $233,926):
- Compensation: $209,442
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- Other: $24,484
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- Other: $21,797
- Compensation: $131,289
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- Other: $19,328
- Compensation: $123,350
- Related: $0
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Official website here: www.workforcesolutionsalamo.org
Where can I find the form 990 for Alamo Workforce Development Inc?
Alamo Workforce Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.workforcesolutionsalamo.org
Learn more at the official website: www.workforcesolutionsalamo.org
Mission Statement of Alamo Workforce Development Inc
Alamo Workforce Development Inc, a key player in the regional economy, is devoted to strengthening the Alamo community by connecting talent pipelines to employers. Acting as the governing board for the area's workforce system, this organization brings people and jobs together, representing the taxpayers of the 13-county Alamo region.
Comprised of a diverse membership, Alamo Workforce Development Inc includes representatives from business, economic development, education, labor, community organizations, and government sectors. Their mission is geared towards fostering a robust workforce by bridging the gap between job seekers and employers. This nonprofit organization plays a crucial role in facilitating the growth of the Alamo region's economy.
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Impact
October, 2024
Alamo Workforce Development Inc plays a crucial role in strengthening the regional economy of the Alamo region by fostering connections between talent and employers. Through its initiatives, it enhances the workforce by developing talent pipelines that align with the needs of local businesses, ensuring a skilled labor force is available to meet industry demands.
One of its key programs focuses on providing subsidized childcare services to qualifying families, funded by the Child Care Development Fund. This initiative empowers parents by enabling them to work, pursue education, or undergo training, thereby promoting self-sufficiency and contributing to a more capable workforce.
By serving as the governing board for the regional workforce system, Alamo Workforce Development Inc unites a network of service providers and contractors dedicated to bringing people and jobs together. This collaboration reflects a commitment to representing the diverse community of the 13-county Alamo region and addresses the needs of various stakeholders, including businesses, educational institutions, labor representatives, and community organizations. Through these efforts, the organization significantly contributes to economic growth and enhances the overall quality of life for residents in San Antonio and beyond.
This information is meant to be a general summary of Alamo Workforce Development 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.
- Program Service Revenue: $1,219
- Gross Receipts: $147,215,041
Assets and Liabilities:
- Total Assets: $18,268,176
- Total Liabilities: $17,160,033
- Net Assets: $1,108,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$1,219
Organization Details
Founding Year
1994
Phone
(210) 272-3260Principal Officer
Giovanna Escalante-Vela
Main Address
100 N SANTA ROSA ST SUITE 120, SAN ANTONIO, TX, 78207
NTEE Category
Code: J20 - Employment
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