Work Opportunity Center Inc
- Assets
- $6.0m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 67
- Location
- Westfield, MA
- Founding
- 03/1974
- Data as of
- 06/2022
- EIN
- 04-2467188
Organization Overview
Work Opportunity Center Inc is located in Westfield, MA. The organization was established in 1974. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Work Opportunity Center Inc employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Work Opportunity Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Work Opportunity Center Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE BASIC SKILLS AND WORK TRAINING FOR HANDICAPPED INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVING HANDICAPPED INDIVIDUALS - THE ORGANIZATION TEACHES BASIC SKILLS PROGRESSING TO THE POINT WHERRE INDIVIDUALS ACHIEVE INDEPENDENCE AND OBTAIN EMPLOYMENT WITH PRIVATE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Akers Executive Director | Officer | 40 | $127,224 |
Steven Kravetz President | OfficerTrustee | 1 | $0 |
Keshawn Dodds Vice President | OfficerTrustee | 1 | $0 |
Dale Lapointe Secretary/clerk | OfficerTrustee | 1 | $0 |
Talia Gee Director | OfficerTrustee | 1 | $0 |
Lionel Gemme Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $276,828 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,070 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $309,898 |
| Total Program Service Revenue | $2,672,012 |
| Investment income | $37,169 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,284 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,051,991 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,227 |
| Compensation of current officers, directors, key employees. | $58,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $971,261 |
| Pension plan accruals and contributions | $73,774 |
| Other employee benefits | $201,372 |
| Payroll taxes | $86,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,203 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,000 |
| Advertising and promotion | $1,678 |
| Office expenses | $46,508 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $246,769 |
| Travel | $20,822 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,702 |
| Insurance | $32,824 |
| All other expenses | $697 |
| Total functional expenses | $2,440,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,139,584 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $576,728 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $47,851 |
| Net Land, buildings, and equipment | $802,633 |
| Investments—publicly traded securities | $1,405,055 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,900 |
| Total assets | $5,973,751 |
| Accounts payable and accrued expenses | $518,268 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $518,268 |
| Net assets without donor restrictions | $5,454,859 |
| Net assets with donor restrictions | $624 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,973,751 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Work Opportunity Center Inc has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: OPERATING | $40,000 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: OPERATING | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Atlantic States Carpenters Training Fund Millbury, MA | $72,466,434 | $22,130,164 |
Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa New York, NY | $32,423,989 | $13,554,381 |
Groundtruth Project Inc Boston, MA | $12,977,835 | $12,726,930 |
Skills For Rhode Islands Future Providence, RI | $3,601,484 | $11,174,331 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Liuna Training And Education Fund Pomfret Center, CT | $19,387,955 | $9,381,853 |
Joint Apprenticeship And Training Trust Fund Local 103 Ibew Boston, MA | $13,179,581 | $8,861,151 |
National Automatic Sprinkler Industry Apprentice And Training New Milford, CT | $8,318,559 | $7,669,959 |
Opportunities For A Better Tomorrow Inc Brooklyn, NY | $2,168,451 | $7,819,105 |
Daybreak Independent Service Inc Yonkers, NY | $5,959,924 | $7,495,936 |
District Council 37 Educational Fund New York, NY | $10,076,820 | $7,327,627 |