Partnerships For A Skilled Workforce Inc
- Assets
- $388.1k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Marlborough, MA
- Founding
- 02/2001
- Data as of
- 06/2022
- EIN
- 04-3530815
Organization Overview
Partnerships For A Skilled Workforce Inc, operating under the name Masshire Metro Southwest Workforce Board, is located in Marlborough, MA. The organization was established in 2001. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Masshire Metro Southwest Workforce Board employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masshire Metro Southwest Workforce Board 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, Masshire Metro Southwest Workforce Board generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 8.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE BOARD SHALL BE TO ENABLE INDIVIDUALS AND FAMILIES TO REACH ECONOMIC SELF-SUFFICIENCY THROUGH EDUCATION AND TRAINING FOR 21ST CENTURY JOBS AND HELP COMPANIES DEVELOP A WELL-TRAINED WORKFORCE SO THAT THEY MIGHT SURVIVE AND PROSPER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH:IMPLEMENT CAREER EDUCATION PROGRAMMING FOR IN-SCHOOL YOUNG ADULTS WHICH INCLUDES CAREER EXPLORATION, JOB READINESS EVALUATION AND TRAINING, PAID INTERNSHIPS AND VOCATIONAL TRAINING IN HEALTH CARE SUPPORT. PROGRAMMING ALSO INCLUDES STAFF DEVELOPMENT CURRICULUM FOR SCHOOL FACULTY AND EXTERNSHIP OPPORTUNITIES FOR TEACHERS.
WORKFORCE BOARD OPERATIONS:PROCURE AND MONITOR TWO ONE-STOP CAREER CENTERS TO DELIVER LABOR EXCHANGES SERVICES AND RETRAINING SERVICES TO YOUTH WITH BARRIERS TO EMPLOYMENT, DISLOCATED WORKERS, AND LOW-INCOME ADULTS. FUNCTION AS A NEUTRAL BROKER, FACILITATE EXCHANGES AMONG BUSINESS, ORGANIZED LABOR, EDUCATION, GOVERNMENT, AND SERVICE ORGANIZATIONS TO IMPLEMENT SOLUTIONS TO LABOR MARKET IMBALANCES. DEVELOP LEADER CAREER PATHWAYS FOR CRITICAL INDUSTRY SECTORS. CONDUCT WORKFORCE RESEARCH AND REGIONAL LABOR MARKET ANALYSIS. DISSEMINATE INFORMATION TO STAKEHOLDERS. FUNDING INCREASES FOR YOUTH PROGRAMS. BEHAVIORAL HEALTH GRANT, TO REIMBURSE HEALTHCARE AGENCIES FOR CLINICAL SUPERVISION/PLANNING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Bunn Executive Director | Officer | 37.5 | $117,140 |
Mark Fegley Vice Chair | OfficerTrustee | 0.5 | $0 |
Lisa Kubiak Chair | OfficerTrustee | 0.5 | $0 |
Rosemary Alexander Board Member | Trustee | 0.5 | $0 |
Bob Bower Board Member | Trustee | 0.5 | $0 |
Jeremy Brandon Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,157,681 |
| All other contributions, gifts, grants, and similar amounts not included above | $5 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,157,686 |
| Total Program Service Revenue | $0 |
| Investment income | $172 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,174,358 |
| 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. | $127,044 |
| Compensation of current officers, directors, key employees. | $7,623 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $631,299 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,373 |
| Payroll taxes | $63,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $86,133 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,031,633 |
| Advertising and promotion | $0 |
| Office expenses | $12,831 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,250 |
| Travel | $0 |
| 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 | $5,972 |
| Insurance | $0 |
| All other expenses | $57,715 |
| Total functional expenses | $2,156,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,694 |
| Savings and temporary cash investments | $181,465 |
| Pledges and grants receivable | $126,833 |
| Accounts receivable, net | $0 |
| 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 | $12,750 |
| Net Land, buildings, and equipment | $23,390 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $388,132 |
| Accounts payable and accrued expenses | $155,424 |
| 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 | $155,424 |
| Net assets without donor restrictions | $232,708 |
| 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 | $388,132 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Partnerships For A Skilled Workforce Inc has recieved totaling $1,005.
| Awarding Organization | Amount |
|---|---|
Eversource Energy Foundation Inc Hartford, CT PURPOSE: SUPPORT FOR THE WORKFORCE DEVELOPMENT PROGRAMS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Services Organizations Inc New York, NY | $7,357,534 | $4,376,514 |
Partnerships For A Skilled Workforce Inc Marlborough, MA | $388,132 | $2,174,358 |
Gleif Americas A New Jersey Nonprofit Corporation New York, NY | $743,178 | $1,398,634 |
A Better City Initiative Inc Boston, MA | $169,877 | $99,202 |
716 Squash Inc Buffalo, NY | $441,855 | $379,048 |
Centerstate Ceo Foundation Inc Syracuse, NY | $1,524,975 | $245,775 |
Soldier On Foundation Inc Pittsfield, MA | $521,232 | $391,473 |
Friends Of Simsbury Farms Inc Simsbury, CT | $31,645 | $0 |
United States Coast Guard Academy Parents Association New London, CT | $158,159 | $0 |
Who Says I Cant Foundation Inc Wayland, MA | $27,698 | $0 |
Williamstown Meetinghouse Preservation Fund Inc Williamstown, MA | $246,286 | $271,487 |
Lowell Athletics And Activities Foundation Lowell, MA | $178,494 | $191,768 |