Overview
What is Coastal Counties Workforce Inc?
Coastal Counties Workforce Inc, based in Brunswick, Maine, is a nonprofit organization dedicated to managing regional workforce development programs under the Federal Workforce Innovation and Opportunity Act (WIOA). With a focus on this legislation, the organization serves as the regional workforce board and actively seeks additional funding to support its mission. Its primary goal is to assist underemployed and unemployed individuals in obtaining gainful employment, demonstrating a commitment to fostering local economic growth. With a team of six dedicated professionals, Coastal Counties Workforce Inc plays a crucial role in promoting workforce development in its area.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Coastal Counties Workforce Inc has achieved a rating of 79% from Charity Navigator, which reflects a solid level of accountability and financial health. The organization has been evaluated primarily on its financial practices, receiving full marks for maintaining an independent board and having no material diversion of assets, demonstrating strong governance.
One of the standout features of Coastal Counties Workforce Inc is its high program expense ratio of 87.13%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs. This efficiency highlights the organization's commitment to its mission and effective resource allocation.
However, while the organization appears to excel in financial accountability, the rating does not cover other dimensions such as program effectiveness or community impact. Prospective donors may want to consider these factors alongside the financial metrics when assessing the overall performance and influence of the nonprofit in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Coastal Counties Workforce Inc legitimate?
Coastal Counties Workforce Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coastal Counties Workforce 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: $136,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,207
For more financial information, click here
What is the mission statement of Coastal Counties Workforce Inc?
Coastal Counties Workforce Inc's mission is centered around overseeing and managing regional Federal Workforce Innovation and Opportunity Act (WIOA) programming. acting as the regional workforce board, they aim to assist underemployed and unemployed individuals in obtaining gainful employment. Additionally, they actively seek out and secure extra funding for their region, with the primary objective of boosting workforce development. Their activities extend beyond WIOA to include managing other Federal discretionary awards, all with a focus on enhancing employment opportunities.
Who is the CEO of Coastal Counties Workforce Inc?
Antoinette Mancusi is the Executive Director of Coastal Counties Workforce Inc.
What is the revenue of Coastal Counties Workforce Inc?
Coastal Counties Workforce Inc's revenue in 2023 was $4,464,688.
Who are the executives of Coastal Counties Workforce Inc and what are their salaries?
The average compensation at Coastal Counties Workforce Inc during 2023 was $60,448. There are 6 employees at Coastal Counties Workforce Inc.
Here are 11 key members and their salaries:
- Compensation: $136,493
- Related: $0
- Other: $17,293
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Where can I find the form 990 for Coastal Counties Workforce Inc?
Coastal Counties Workforce Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Coastal Counties Workforce Inc
Coastal Counties Workforce Inc, as a regional entity, is dedicated to overseeing and managing Federal Workforce Innovation and Opportunity Act (WIOA) programming. This nonprofit organization fulfills the role of a workforce board and strives to achieve an additional mission: securing extra funding for their region. With this mission in mind, Coastal Counties Workforce Inc aims to assist underemployed and unemployed individuals in obtaining gainful employment. Beyond WIOA, the organization also manages other Federal discretionary awards, focusing on workforce development.
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Impact
July, 2024
Coastal Counties Workforce Inc plays a crucial role in overseeing and managing regional Federal Workforce Innovation and Opportunity Act (WIOA) programming. By applying for and obtaining additional funding for the region, CCWI focuses on helping underemployed and unemployed individuals secure gainful employment. Through its mission to facilitate workforce development, CCWI's impact is highlighted in the improved employment opportunities and economic stability it brings to the community.
This information is meant to be a general summary of Coastal Counties Workforce 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 2023.
- Investment Income: $15
- Program Service Revenue: $4,462,172
- Gross Receipts: $4,464,688
Assets and Liabilities:
- Total Assets: $251,709
- Total Liabilities: $241,585
- Net Assets: $10,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEDERAL FUNDS
Revenue
$4,462,172
Organization Details
Phone
(207) 725-5472Principal Officer
Antoinette Mancusi
Main Address
14 MAINE STREET BOX 2, BRUNSWICK, ME, 04011
NTEE Category
Code: J20 - Employment
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