Overview
What is Midwest Urban Strategies?
Midwest Urban Strategies is a nonprofit organization situated in Milwaukee, Wisconsin. Their primary focus is advocating for workforce development boards within an industry association context. They also provide various programs in project management and function as an employment alliance. In essence, Midwest Urban Strategies aims to support and strengthen workforce development boards through their industry association, while offering project management programs and acting as a collaborative platform for employment initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Midwest Urban Strategies has received a solid Three-Star rating from Charity Navigator, reflecting its accountability and financial health. The organization scores particularly well in areas such as board independence, with 92% of its board members being independent, and has achieved perfect scores in several governance aspects, such as its audit and oversight committee. These strengths contribute positively to its overall reputation.
However, the nonprofit faces some challenges, particularly in its financial management metrics. The liabilities to assets ratio is notably concerning at 100.14%, indicating potential financial risk. Additionally, the absence of both a whistleblower policy and the posting of tax forms on its website detracts from its full accountability transparency, which is critical for donor trust and engagement. Despite these limitations, the organization maintains a high program expense ratio, indicating that a significant portion of its funds are directed toward its mission-related programs.
This AI summary has been generated from information found on Charity Navigator.
Is Midwest Urban Strategies legitimate?
Midwest Urban Strategies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Urban Strategies 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: $140,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,671
For more financial information, click here
What is the mission statement of Midwest Urban Strategies?
Midwest Urban Strategies, serving as an industry association, is committed to advocating for workforce development boards. Their mission is centered around supporting these boards through various initiatives. Additionally, the organization offers programs in project management, functioning as a collaborative employment alliance. In essence, Midwest Urban Strategies aims to contribute to the enhancement of workforce development, promoting growth and opportunities in this sector.
Who is the CEO of Midwest Urban Strategies?
Tracey Carey is the Chair of Midwest Urban Strategies.
What is the revenue of Midwest Urban Strategies?
Midwest Urban Strategies's revenue in 2022 was $1,507,272.
Who are the executives of Midwest Urban Strategies and what are their salaries?
The average compensation at Midwest Urban Strategies during 2022 was $66,612. There are 6 employees at Midwest Urban Strategies.
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Where can I find the form 990 for Midwest Urban Strategies?
Midwest Urban Strategies's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Midwest Urban Strategies
Midwest Urban Strategies, as an industry association, is dedicated to championing the cause of Workforce Development Boards. Its mission is centered around advocating for these boards and providing them with essential resources, particularly in the field of project management. As an employment alliance, Midwest Urban Strategies plays a vital role in fostering collaboration and support among various workforce development entities. By doing so, it aims to enhance the effectiveness and impact of these boards in their respective communities.
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Impact
July, 2024
Midwest Urban Strategies positively influences workforce development boards by advocating for their interests and providing valuable programs in project management. Through its industry association, it helps these boards enhance their operations and better serve their constituents. This impact translates to improved employment outcomes and a stronger workforce within the region.
This information is meant to be a general summary of Midwest Urban Strategies. 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.
- Program Service Revenue: $193,200
- Gross Receipts: $1,507,272
Assets and Liabilities:
- Total Assets: $541,883
- Total Liabilities: $338,128
- Net Assets: $203,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$125,000
Service Revenue
Revenue
$5,000
Subscription Service
Revenue
$63,200
Organization Details
Founding Year
2019
Phone
(262) 794-3373Principal Officer
Tracey Carey
Main Address
890 Elm Grove Rd, Elm Grove, WI, 53122
NTEE Category
Code: J01 - Employment
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