National Telecommuting Institute
- Assets
- $7.6m
- Revenue
- $15.5m
- Investments
- $1.4m
- Employees
- 778
- Location
- Boston, MA
- Founding
- 06/1996
- Data as of
- 12/2021
- EIN
- 04-3277044
Organization Overview
National Telecommuting Institute is located in Boston, MA. The organization was established in 1996. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, National Telecommuting Institute employed 778 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Telecommuting Institute 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 12/2021, National Telecommuting Institute generated $15.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $14.9m during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NTI'S MISSION IS TO SUPPORT THE DISABLED COMMUNITY AND THEIR CAREGIVERS BY FOSTERING OPPORTUNITIES THROUGH ADVOCACY, WORKFORCE DEVELOPMENT, AND ECONOMIC EMPOWERMENT. OUR VISION IS TO BUILD A FUTURE WHERE ALL PEOPLE WITH DISABILITIES HAVE EQUAL ACCESS AND REPRESENTATION IN EMPLOYMENT OPPORTUNITIES AND GOVERNMENT POLICIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL TELECOMMUTING INSTITUTE, INC. (NTI) OFFERS HIGH-QUALITY,COST-EFFECTIVE VIRTUAL STAFFING SERVICES. FOUNDED IN 1995 AS A501(C)(3) NONPROFIT ORGANIZATION, NTI PURSUES ITS MISSION TO IDENTIFYAND DEVELOP WORK-AT-HOME JOBS FOR AMERICANS WHO ARE SEVERELY DISABLED OR ARE CARETAKERS FOR AMERICANS WITH DISABILITIES THROUGH OUR NTI@HOME PROGRAM. AMERICANS WITH DISABILITIES HAVE ONE OF THE HIGHEST UNEMPLOYMENT RATES IN THE UNITED STATES. NTI PROVIDES SKILL ASSESSMENT, TRAINING, JOB PLACEMENT AND JOB COACHING SERVICES FOR ITS CANDIDATES. NTI@HOME PLACED 432 INDIVIDUALS WITH DISABILITIES/CARETAKERS IN WORK-AT-HOME JOBS IN 2021.
NTI'S LAND A JOB PROGRAM ALSO ASSISTS INDIVIDUALS WITH DISABILITIES WHOHAVE FOUND WORK OUTSIDE THE HOME WITH WORK SUPPORT PAYMENTS THROUGH THESOCIAL SECURITY ADMINISTRATION'S TICKET TO WORK PROGRAM TO HELP COVERTHE COSTS OF WORK-RELATED EXPENSES. THESE PAYMENTS HELP DISABLEDINDIVIDUALS COVER NECESSARY OUT-OF-POCKET COSTS REQUIRED IN REMAINING GAINFULLY EMPLOYED. THE LAND A JOB PROGRAM PROVIDED WORK SUPPORT PAYMENTS TO 401 UNIQUE INDIVIDUALS WITH DISABILITIES IN 2021, TOTALLING APPROXIMATELY $580,071.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Hubbard Vp/chief Operating Officer | Officer | 40 | $198,736 |
Richard Moore Vp, Finance & Admin | 40 | $154,400 | |
Peter O'leary It Director | 40 | $150,594 | |
Sernia Richardson Sr Dr Employment Svc | 40 | $129,760 | |
Laurie Silverio Dir Hr And Talent Aquistion | 40 | $124,487 | |
Michelle Simone Dir Employer Relations | 40 | $122,718 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,998,380 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,527 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,999,907 |
| Total Program Service Revenue | $8,472,573 |
| Investment income | $25,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,198 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,508,649 |
| 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. | $316,792 |
| Compensation of current officers, directors, key employees. | $165,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,430,489 |
| Pension plan accruals and contributions | $167,252 |
| Other employee benefits | $1,133,377 |
| Payroll taxes | $848,499 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,966 |
| Fees for services: Accounting | $62,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $674,141 |
| Advertising and promotion | $40,356 |
| Office expenses | $358,906 |
| Information technology | $1,384,931 |
| Royalties | $0 |
| Occupancy | $159,789 |
| Travel | $28,997 |
| 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 | $50,789 |
| Insurance | $35,636 |
| All other expenses | $0 |
| Total functional expenses | $14,928,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,899,402 |
| Savings and temporary cash investments | $1,492,483 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,532,636 |
| 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 | $206,258 |
| Net Land, buildings, and equipment | $41,612 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,409,394 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,581,785 |
| Accounts payable and accrued expenses | $1,157,077 |
| 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 | $74,420 |
| Total liabilities | $1,231,497 |
| Net assets without donor restrictions | $6,350,288 |
| Net assets with donor restrictions | $0 |
| 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 | $7,581,785 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Telecommuting Institute has recieved totaling $27.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Consortium For Worker Education Inc New York, NY | $27,138,774 | $23,461,109 |
Youthbuild Usa Inc Roxbury, MA | $41,660,191 | $41,513,584 |
Capital Workforce Partners Inc Hartford, CT | $3,681,949 | $22,085,213 |
National Telecommuting Institute Boston, MA | $7,581,785 | $15,508,649 |
Masshire Hampden County Workforce Board Inc Springfield, MA | $3,346,725 | $13,329,757 |
South Middlesex Non-Profit Housing Corporation Framingham, MA | $86,868,885 | $12,461,508 |
Lifestyles For The Disabled Inc Staten Island, NY | $5,937,706 | $11,027,240 |
Vermont Associates For Training & Development Inc St Albans, VT | $530,190 | $11,812,343 |
Buffalo And Erie County Workforce Development Consortium Inc Buffalo, NY | $1,944,049 | $11,546,333 |
Eastern Connecticut Workforce Investment Board Inc Franklin, CT | $2,220,849 | $11,033,375 |
Workforce Alliance Inc New Haven, CT | $2,201,686 | $11,291,916 |
Academy Of Management Inc Briarcliff Manor, NY | $56,747,597 | $15,919,073 |