Overview
What is Upper Cumberland Local Workforce Development Board Inc?
Upper Cumberland Local Workforce Development Board Inc is a nonprofit organization situated in Cookeville, Tennessee. Their primary mission is to foster a lifelong learning environment in the Upper Cumberland region, attracting and retaining robust businesses while nurturing a diverse and skilled workforce essential for sustaining a thriving, growing, and innovative economy. To achieve this goal, the organization develops strategic partnerships with employers and training providers, aligning training services with local business needs. They also enhance career development services for job seekers, increasing job success and knowledge of high-skill, in-demand careers. Furthermore, the board secures state and/or federal funding to develop new skills to meet these high-skilled, in-demand career requirements. Lastly, they coordinate WIOA activities with the region's economic development plan to coordinate current and future workforce goals and activities. With a staff of 11 individuals, the Upper Cumberland Local Workforce Development Board Inc plays a significant role in the region's economic growth and workforce development.
Official website here: www.ucworkforce.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Upper Cumberland Local Workforce Development Board Inc has earned a Three-Star rating from Charity Navigator, indicating an overall score of 77% based solely on Accountability & Finance metrics. This score reflects the organization's commitment to maintaining transparency and effective financial management practices, showcasing strengths in areas such as having a majority of independent board members and thorough audit oversight.
The board consists of 23 independent members, demonstrating a solid governance structure. The organization excels in program expenses, with 88.27% of its budget devoted to programs, indicating a strong focus on its mission. Additionally, they have well-documented policies regarding material diversion of assets and conflict of interest, contributing to its positive accountability rating.
However, there are areas for improvement, particularly the absence of a whistleblower policy, which may raise concerns regarding internal accountability. Furthermore, their liabilities to assets ratio, at 90.36%, suggests potential financial strain that could affect future operations. Overall, while the organization demonstrates solid financial practices, addressing these limitations could enhance its standing and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Upper Cumberland Local Workforce Development Board Inc legitimate?
Upper Cumberland Local Workforce Development Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upper Cumberland Local Workforce Development 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: $141,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,242
For more financial information, click here
Official website here: www.ucworkforce.org
What is the mission statement of Upper Cumberland Local Workforce Development Board Inc?
The Upper Cumberland Local Workforce Development Board Inc's mission is centered around engaging employers, educators, and community partners to establish a lifelong learning environment. This environment aims to attract and retain robust businesses, while fostering a diverse, skilled workforce essential for sustaining a dynamic, expanding, and innovative economy. The organization achieves this mission by developing strategic partnerships with employers and training providers to align training services with the needs of local businesses. Additionally, it enhances career development services for job seekers to boost their job success and awareness of high-skill and in-demand careers. The board also secures funding to develop new skills to meet the demands of these high-skill and in-demand careers. Lastly, it coordinates Workforce Innovation and Opportunity Act (WIOA) activities with the region's economic development plan to coordinate current and future workforce goals and activities.
Official website here: www.ucworkforce.org
Who is the CEO of Upper Cumberland Local Workforce Development Board Inc?
Robert Scott is the Director of Upper Cumberland Local Workforce Development Board Inc.
Official website here: www.ucworkforce.org
What is the revenue of Upper Cumberland Local Workforce Development Board Inc?
Upper Cumberland Local Workforce Development Board Inc's revenue in 2023 was $3,561,541.
Official website here: www.ucworkforce.org
Who are the executives of Upper Cumberland Local Workforce Development Board Inc and what are their salaries?
The average compensation at Upper Cumberland Local Workforce Development Board Inc during 2023 was $20,882. There are 11 employees at Upper Cumberland Local Workforce Development Board Inc.
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Official website here: www.ucworkforce.org
Where can I find the form 990 for Upper Cumberland Local Workforce Development Board Inc?
Upper Cumberland Local Workforce Development Board Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ucworkforce.org
Learn more at the official website: www.ucworkforce.org
Mission Statement of Upper Cumberland Local Workforce Development Board Inc
The Upper Cumberland Local Workforce Development Board Inc is committed to engaging employers, educators, and community partners in establishing a lifelong learning environment that attracts and retains strong businesses. This vibrant and innovative economy relies on a diverse and talented workforce. To accomplish this mission, the organization develops strategic partnerships with employers and training providers, aligning their services with the needs of area businesses. This ensures that the workforce is equipped with the necessary skills for high-demand careers.
Furthermore, the Upper Cumberland Local Workforce Development Board Inc enhances career development services for job seekers. By doing so, the organization aims to increase job success and knowledge of high-skill careers. To fund these new skills, the board secures state and/or federal funding. In this way, the workforce is equipped to meet the demands of high-skill and in-demand careers.
Lastly, the Upper Cumberland Local Workforce Development Board Inc coordinates WIOA activities with the region's economic development plan. This coordination ensures that current and future workforce goals and activities are aligned, thereby fostering a cohesive and effective approach to workforce development. In summary, the mission of the Upper Cumberland Local Workforce Development Board Inc is to create a supportive environment for businesses and workers, fostering a diverse and skilled workforce essential for a vibrant and growing economy.
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Impact
July, 2024
Upper Cumberland Local Workforce Development Board Inc's impact is centered around engaging employers, educators, and community partners in creating a lifelong learning environment in the Upper Cumberland region. By aligning training services with the needs of area employers, enhancing career development services for job seekers, securing funding for developing new skills, and coordinating activities with the region's economic development plan, they are crucial in sustaining a vibrant, growing, and innovative economy. Through their efforts, they attract and retain strong businesses and a talented, diverse workforce essential for the region's prosperity.
This information is meant to be a general summary of Upper Cumberland Local Workforce Development 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 2023.
- Gross Receipts: $3,561,541
Assets and Liabilities:
- Total Assets: $1,036,095
- Total Liabilities: $936,316
- Net Assets: $99,779
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Organization Details
Founding Year
2019
Phone
(931) 520-9513Principal Officer
Robert Scott
Main Address
345 SOUTH JEFFERSON AVE SUITE 201, COOKEVILLE, TN, 38501
Website
www.ucworkforce.orgNTEE Category
Code: J20 - Employment
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