Institute For Networked Communities

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 845055085 ✦ Bainbridge island, WA ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Networked Communities?

The Institute for Networked Communities is a nonprofit organization based in Bainbridge Island, Washington. Their primary mission is to strengthen connections between regional labor markets and unemployed or underemployed individuals seeking meaningful employment. They accomplish this by operating a national community of practice for "Next Gen Sector Partnerships." These partnerships consist of business and industry leaders collaborating with education, workforce training, and government partners in specific labor market regions to ensure industries like manufacturing, healthcare, technology, and others thrive. Hundreds of these partnerships are active across the country, spanning 20 states. The Institute maintains a website for continuous learning, updates a comprehensive toolkit of best practices, and provides guidance to public sector agencies and community partners. Their work aims to ensure individuals get the right education and training for good jobs in their respective industries.


Official website here: www.nextgensectorpartnerships.com

Is Institute For Networked Communities legitimate?

Institute For Networked Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Networked Communities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,196

For more financial information, click here


Official website here: www.nextgensectorpartnerships.com

What is the mission statement of Institute For Networked Communities?

The Institute for Networked Communities operates and facilitates a national community of practice for Next Gen Sector Partnerships. These partnerships involve business and industry leaders collaborating with education, workforce training, and government partners in specific labor market regions to ensure the stability and success of target industries, such as manufacturing or technology, and provide community members with the right education and training for good jobs in those industries. The Institute maintains a website for practitioners and partners to engage in continuous learning and updates a comprehensive toolkit of best practices, tools, tips, and examples of partnerships in the field on its website. The goal is to provide research, program advising, facilitation, and guidance to public sector agencies and community partners, helping them build stronger connections between regional labor markets and unemployed or underemployed individuals seeking meaningful employment.


Official website here: www.nextgensectorpartnerships.com

Who is the CEO of Institute For Networked Communities?

Frances Genz is the Vice President/Secretary of Institute For Networked Communities.


Official website here: www.nextgensectorpartnerships.com

What is the revenue of Institute For Networked Communities?

Institute For Networked Communities's revenue in 2022 was $62,586.


Official website here: www.nextgensectorpartnerships.com

Who are the executives of Institute For Networked Communities and what are their salaries?


Here are 4 key members and their salaries:


Lindsey Woolsey (Vice President/Secretary)
  • Compensation: $58,033
  • Related: $0
  • Other: $0
Francie Genz (President/Treasurer)
  • Compensation: $51,576
  • Related: $0
  • Other: $0
John Melville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nextgensectorpartnerships.com

Where can I find the form 990 for Institute For Networked Communities?

Institute For Networked Communities's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nextgensectorpartnerships.com

Learn more at the official website: www.nextgensectorpartnerships.com

Mission Statement of Institute For Networked Communities

The Institute for Networked Communities is dedicated to providing research, program advising, facilitation, and guidance to public sector agencies and community partners. Their mission is to strengthen the connections between regional labor markets and unemployed or underemployed individuals seeking meaningful employment in specific industries. The Institute operates and facilitates a national community of practice for Next Gen Sector Partnerships. These partnerships involve business and industry leaders working together with education, workforce training, and government partners in specific labor market regions. The shared goal is to ensure the stability and success of target industries, such as manufacturing, healthcare, technology, and others, while providing community members with the right education and training to secure good jobs in those industries. The Institute maintains a website (www.nextgensectorpartnerships.com) that serves as a resource for practitioners and partners to engage in continuous learning, and updates a comprehensive toolkit of best practices, tools, tips, and examples of partnerships in the field.

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Impact




August, 2024

The Institute for Networked Communities has a significant impact on communities by providing research, program advising, facilitation, and guidance to public sector agencies and community partners. They help build stronger connections between regional labor markets and unemployed and underemployed individuals seeking meaningful employment. By designing, facilitating, and learning from a rural network of next-gen sector partnerships, the institute has created a rural community of practice and a rural field guide. They also connect management and peers across a 20-state community of practice during and after the COVID-19 pandemic. Additionally, the institute conducts a national benchmarking study of success criteria and outcomes of next-gen sector partnerships, with nine case studies and a metrics framework. Their work helps hundreds of partnerships across the country in 20 states operate effectively and collaboratively to stabilize and thrive target industries, ensuring community members receive the right education and training for good jobs.




This information is meant to be a general summary of Institute For Networked Communities. 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.

Revenue
$62,586 (2022)
Expenses
$116,504 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20
  • Program Service Revenue: $62,566
  • Gross Receipts: $62,586

Assets and Liabilities:

  • Total Assets: $103,170
  • Total Liabilities: $0
  • Net Assets: $103,170

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM INCOME

Revenue

$62,566

Organization Details

Founding Year

2020

Principal Officer

Frances Genz

Main Address

8744 WOODBANK DRIVE NE, BAINBRIDGE ISLAND, WA, 98110

NTEE Category

Code: P20 - Human services

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