Overview
What is Good Jobs Institute Inc?
Good Jobs Institute Inc, based in Cambridge, Massachusetts, is a nonprofit organization dedicated to improving the job prospects of low-wage workers. Their primary mission is to promote the widespread adoption of the Good Jobs Strategy, a set of principles aimed at enhancing employment opportunities. The Institute achieves this goal by developing tools and guides for companies, helping them assess their current position in implementing the Good Jobs Strategy and offering guidance on how to provide better opportunities for low-income workers. With a team of three dedicated individuals, the Institute educates companies and partners with them in training, capacity development, leadership engagement, and system implementation. Their ultimate aim is to improve jobs and lives in a sustainable manner through investments in people, operational excellence, and strong values.
Official website here: www.goodjobsinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Good Jobs Institute Inc has achieved a highly commendable score of 96%, reflecting strong performance in accountability and finance. This rating is significant as it underscores the organization's commitment to transparency and effective financial management, indicating that they use their resources wisely and responsibly. The organization's efforts are supported by a fully independent board, which enhances governance and oversight.
The charity scores exceptionally in various areas, including independent board membership and financial oversight, both contributing to its positive financial health. With a program expense ratio of 91.26%, it demonstrates a focus on delivering its mission effectively without diverting excessive funds towards administrative costs. Additionally, the presence of robust policies, such as conflict of interest and whistleblower protections, further illustrates its commitment to ethical practices.
While the ratings are overwhelmingly positive, it is important for potential donors and stakeholders to remain aware of any future operational challenges or changes. However, based on the current data, Good Jobs Institute Inc stands out as a well-managed organization dedicated to its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Good Jobs Institute Inc legitimate?
Good Jobs Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Jobs Institute 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: $219,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,658
For more financial information, click here
Official website here: www.goodjobsinstitute.org
What is the mission statement of Good Jobs Institute Inc?
Good Jobs Institute Inc's mission is to propagate a set of ideas known as the Good Jobs Strategy. This strategy aims to enhance the jobs and lives of low-wage workers in a sustainable manner. The institute achieves this by creating tools and guides to help companies assess their implementation of the Good Jobs Strategy and providing engagement and advisory support to educate them on how to offer better opportunities for their low-wage workforce. By focusing on investment in people, operational excellence, and strong values, the Good Jobs Institute Inc seeks to improve the working conditions and lives of those in lower-paying jobs.
Official website here: www.goodjobsinstitute.org
Who is the CEO of Good Jobs Institute Inc?
Sarah Kalloch is the President of Good Jobs Institute Inc.
Official website here: www.goodjobsinstitute.org
What is the revenue of Good Jobs Institute Inc?
Good Jobs Institute Inc's revenue in 2022 was $901,944.
Official website here: www.goodjobsinstitute.org
Who are the executives of Good Jobs Institute Inc and what are their salaries?
The average compensation at Good Jobs Institute Inc during 2022 was $188,980. There are 3 employees and 8 volunteers at Good Jobs Institute Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $190,404
- Related: $0
- Other: $33,130
- Compensation: $138,304
- Related: $0
- Other: $18,862
- Compensation: $138,304
- Related: $0
- Other: $18,862
Official website here: www.goodjobsinstitute.org
Where can I find the form 990 for Good Jobs Institute Inc?
Good Jobs Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodjobsinstitute.org
Learn more at the official website: www.goodjobsinstitute.org
Mission Statement of Good Jobs Institute Inc
Good Jobs Institute Inc is dedicated to promoting the widespread adoption of a specific set of ideas, known as the Good Jobs Strategy. Their mission is to improve the jobs and lives of low-wage workers in a sustainable manner. They achieve this by developing tools and guides to help companies assess their progress in implementing the Good Jobs Strategy. Furthermore, the Institute provides engagement and advisory support to educate companies on how to provide better opportunities for low-wage workers. By investing in people, focusing on operational excellence, and upholding strong values, Good Jobs Institute Inc aims to enhance the working conditions and overall well-being of those in lower-income positions.
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Impact
July, 2024
Good Jobs Institute Inc's impact lies in promoting and spreading the Good Jobs Strategy, ultimately enhancing the jobs and lives of low-wage workers in a sustainable manner. Through its tools and guides, the institute assists companies in assessing their implementation of the Good Jobs Strategy and provides support in providing better opportunities for low-wage workers. This educational approach contributes to creating a positive change in the quality of jobs and the well-being of individuals in low-wage positions.
This information is meant to be a general summary of Good Jobs Institute 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: $22,372
- Program Service Revenue: $878,972
- Gross Receipts: $901,944
Assets and Liabilities:
- Total Assets: $2,267,585
- Total Liabilities: $360,937
- Net Assets: $1,906,648
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTERNSHIP FEE
Revenue
$878,972
Organization Details
Founding Year
2017
Phone
(978) 471-9142Principal Officer
Sarah Kalloch
Main Address
104 MOUNT AUBURN STREET 5F, CAMBRIDGE, MA, 02138
Website
www.goodjobsinstitute.orgNTEE Category
Code: B02 - Education
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