Overview
What is Workforce Solutions Borderplex Inc?
Workforce Solutions Borderplex Inc, based in El Paso, Texas, is a nonprofit organization focused on bridging the gap between employers and skilled workers. They aim to advance education, employment, entrepreneurship, and economic development opportunities to support global competitiveness and regional prosperity. With a mission to believe in human capital as a significant contributor to the economy, they act as a Workforce Development Board. Through extensive research projects and collaborations, they identify strategic partners, advocate for initiatives and programs, and establish formal partnerships with organizations like the Chamber of Commerce, Hispanic Chamber of Commerce, and the Borderplex Alliance. Their primary activity involves providing direct child care payments to 10,084 clients, enabling them to continue workforce-related programs. The team at Workforce Solutions Borderplex Inc consists of 51 dedicated employees.
Official website here: www.borderplexjobs.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Workforce Solutions Borderplex Inc has received an overall score of 81%, signifying a strong performance in terms of accountability and finance. The organization boasts a fully independent board of members and has exemplary practices in areas such as financial oversight, conflict of interest, and whistleblower policies, all of which contribute positively to its accountability.
The program expense ratio is notably high at 95.06%, indicating that a significant portion of the organization's resources is directed towards its mission-related programs. However, the organization does face challenges with its liabilities to assets ratio, which stands at 101.86%, reflecting potential financial strain that could affect its long-term sustainability.
Overall, Workforce Solutions Borderplex Inc demonstrates solid governance practices and a commitment to transparency. While it excels in many areas, the high level of liabilities compared to assets may be a point for potential donors to consider when assessing the organization's financial health.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Workforce Solutions Borderplex Inc?
Workforce Solutions Borderplex Inc has received limited feedback, with only four reviews available on Facebook. Overall, the sentiment appears to be negative. One reviewer expresses significant dissatisfaction, describing the organization as unhelpful and accusing it of causing more problems rather than providing support.
Given the lack of positive commentary and the single negative review, it seems there may be issues with the services offered by the nonprofit. As it stands, potential users might not find the assistance they are looking for based on current feedback.
This AI summary has been generated from reviews found on Facebook.
Is Workforce Solutions Borderplex Inc legitimate?
Workforce Solutions Borderplex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workforce Solutions Borderplex 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: $355,212
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,359,378
For more financial information, click here
Official website here: www.borderplexjobs.com
What is the mission statement of Workforce Solutions Borderplex Inc?
Workforce Solutions Borderplex Inc is dedicated to providing businesses with a skilled workforce by promoting education, employment, entrepreneurship, and economic development opportunities. As a workforce development board, the organization recognizes the significance of human capital in the economy and advocates for initiatives and programs that support competitiveness and regional prosperity. Through extensive research projects, Workforce Solutions Borderplex continues to become a valuable resource and advocate for advancements in the community. The organization collaborates with strategic partners, such as the Chamber of Commerce, Hispanic Chamber of Commerce, and Borderplex Alliance, to gain access to business intelligence and establish formal partnerships for engagement and growth.
Official website here: www.borderplexjobs.com
Who is the CEO of Workforce Solutions Borderplex Inc?
Leila Melendez is the Ceo of Workforce Solutions Borderplex Inc. The CEO's salary of Workforce Solutions Borderplex Inc is $154,258 and their total compensation is $154,258.
Official website here: www.borderplexjobs.com
What is the revenue of Workforce Solutions Borderplex Inc?
Workforce Solutions Borderplex Inc's revenue in 2022 was $58,628,413.
Official website here: www.borderplexjobs.com
Who are the executives of Workforce Solutions Borderplex Inc and what are their salaries?
The average compensation at Workforce Solutions Borderplex Inc during 2022 was $53,227. There are 51 employees and 27 volunteers at Workforce Solutions Borderplex Inc.
Here are 29 key members and their salaries (Workforce Solutions Borderplex Inc's CEO's salary is $154,258 and their total compensation is $154,258):
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Official website here: www.borderplexjobs.com
Where can I find the form 990 for Workforce Solutions Borderplex Inc?
Workforce Solutions Borderplex Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.borderplexjobs.com
Learn more at the official website: www.borderplexjobs.com
Mission Statement of Workforce Solutions Borderplex Inc
Workforce Solutions Borderplex, a workforce development board, is dedicated to providing skilled workers for employers by advancing education, employment, entrepreneurship, and economic development opportunities. In supporting global competitiveness and regional prosperity, this organization recognizes human capital as a significant contributor to the economy. By advocating for initiatives and programs, Workforce Solutions Borderplex aims to help the region remain a viable and competitive area. Through extensive research projects focusing on economic factors, opportunities, and gaps, the organization continues to become a valuable resource and advocate for advancement. Strategic partnerships are identified and formal collaborations are established, such as those with the Chamber of Commerce, Hispanic Chamber of Commerce, and BorderPlex Alliance for engagement and access to business intelligence. Workforce Solutions Borderplex's commitment to expanding collaboration efforts with educational institutions further strengthens its position as a key player in the workforce development sector.
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Impact
October, 2024
Workforce Solutions Borderplex Inc. significantly impacts the economy and labor market in the El Paso region by advancing education, employment, and entrepreneurship initiatives. The organization focuses on equipping skilled workers for local employers, thereby bolstering regional competitiveness and prosperity. It plays a crucial role in fostering human capital development, which is essential for economic growth.
One of the key areas they support is child care, assisting over 10,000 clients with direct child care payments. This assistance enables individuals to participate in workforce-related programs, facilitating their ability to seek and maintain employment.
Workforce Solutions Borderplex conducts extensive research into economic opportunities and challenges within the region, positioning itself as a vital resource for community advancement. The organization actively engages with strategic partners, including local chambers of commerce, to enhance collaboration and access to business intelligence, ensuring that the Borderplex remains a viable and competitive locale.
Through its advocacy for workforce development initiatives, Workforce Solutions Borderplex not only strengthens the local economy but also elevates the quality of life for residents by providing them with valuable resources and opportunities for advancement.
This information is meant to be a general summary of Workforce Solutions Borderplex 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: $209
- Gross Receipts: $58,628,413
Assets and Liabilities:
- Total Assets: $9,353,930
- Total Liabilities: $9,528,832
- Net Assets: -$174,902
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Organization Details
Founding Year
1998
Phone
(915) 887-2226Principal Officer
Leila Melendez
Main Address
304 TEXAS AVENUE 1401, EL PASO, TX, 79901
Website
www.borderplexjobs.comNTEE Category
Code: J20 - Employment
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