Overview
What is Lehigh Valley Workforce Investment Board Inc?
Lehigh Valley Workforce Investment Board Inc, located in Allentown, Pennsylvania, is a nonprofit organization with a mission to serve the community as a resource hub. Their primary objective is to implement a Pennsylvania CareerLink delivery system, acting as a centralized platform for job seekers and employers alike. This system provides comprehensive information on employment opportunities, training and education options, and economic development links. By focusing on the current and future labor market needs of the Lehigh Valley, the board aims to facilitate a customer-driven system that connects individuals with the resources they need to succeed in their careers. With a team of 89 dedicated professionals, they strive to create a thriving workforce in their community.
Official website here: www.lvwib.org
What are the reviews and ratings of this charity?
Charity Navigator rating for Lehigh Valley Workforce Investment Board Inc: 81% - Three-Star out of Four Star rating.
The organization has an overall score derived entirely from its accountability and finance performance, showcasing a solid focus on financial transparency and governance. With independent board members and a robust conflict of interest policy, the Board demonstrates a strong commitment to ethical practices. Notably, it has a high program expense ratio, indicating that a significant portion of its budget is directed toward its mission-oriented activities.
Despite these strengths, the organization faces challenges regarding its liabilities-to-assets ratio, which may raise concerns about financial stability. Additionally, it lacks evaluation in certain metrics related to impact, community culture, and leadership adaptability. This could suggest areas for potential improvement in sustaining long-term effectiveness and responsiveness to community needs.
User reviews from GreatNonprofits are currently unavailable.
This AI summary has been generated from information found on Charity Navigator.
Is Lehigh Valley Workforce Investment Board Inc legitimate?
Lehigh Valley Workforce Investment Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lehigh Valley Workforce Investment Board 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: $280,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $652,692
For more financial information, click here
Official website here: www.lvwib.org
What is the mission statement of Lehigh Valley Workforce Investment Board Inc?
The Lehigh Valley Workforce Investment Board Inc's mission is to establish and manage a CareerLink delivery system, functioning as a central hub for resources. This system provides access to a wide range of information, employment opportunities, training and education options, and economic development prospects. The primary goal is to cater to the community's needs, aligning with the current and future labor market requirements of the Lehigh Valley area. The organization operates with a customer-focused approach, ensuring that the system is tailored to meet the evolving needs of the local workforce.
Official website here: www.lvwib.org
Who is the CEO of Lehigh Valley Workforce Investment Board Inc?
Keith Reynolds is the Chairperson of Lehigh Valley Workforce Investment Board Inc.
Official website here: www.lvwib.org
What is the revenue of Lehigh Valley Workforce Investment Board Inc?
Lehigh Valley Workforce Investment Board Inc's revenue in 2022 was $7,394,351.
Official website here: www.lvwib.org
Who are the executives of Lehigh Valley Workforce Investment Board Inc and what are their salaries?
The average compensation at Lehigh Valley Workforce Investment Board Inc during 2022 was $10,483. There are 89 employees at Lehigh Valley Workforce Investment Board Inc.
Here are 35 key members and their salaries:
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- Compensation: $168,226
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- Other: $15,503
Official website here: www.lvwib.org
Where can I find the form 990 for Lehigh Valley Workforce Investment Board Inc?
Lehigh Valley Workforce Investment Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lvwib.org
Learn more at the official website: www.lvwib.org
Mission Statement of Lehigh Valley Workforce Investment Board Inc
Lehigh Valley Workforce Investment Board Inc, as a vital community resource, is dedicated to implementing a Pennsylvania CareerLink delivery system. This system serves as a comprehensive hub, providing access to a wide range of information, employment opportunities, training and education options, and economic development resources. The organization's mission is to act as a clearinghouse, catering to the current and future labor market needs of the Lehigh Valley community in a customer-focused manner. By maintaining this system, Lehigh Valley Workforce Investment Board Inc aims to connect individuals with the resources needed to navigate their career paths, ultimately contributing to the economic development of the area.
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Impact
July, 2024
Lehigh Valley Workforce Investment Board Inc's impact lies in implementing and maintaining a PA CareerLink delivery system that serves the community as a comprehensive resource hub for employment opportunities, training, education options, and economic development linkages. Through a customer-focused approach aligned with the current and future labor market needs of the Lehigh Valley, this organization plays a crucial role in connecting individuals with essential resources to enhance their skillsets, secure employment, and contribute to the economic growth of the region.
This information is meant to be a general summary of Lehigh Valley Workforce Investment Board 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: -$5,674
- Gross Receipts: $7,394,351
Assets and Liabilities:
- Total Assets: $3,907,064
- Total Liabilities: $3,802,894
- Net Assets: $104,170
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Organization Details
Founding Year
2000
Phone
(610) 437-5627Principal Officer
Keith Reynolds
Main Address
555 UNION BOULEVARD, ALLENTOWN, PA, 18109
Website
www.lvwib.orgNTEE Category
Code: T30 - Philanthropy
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