Central Oklahoma Workforce Investment Board Inc

Organization Overview

Central Oklahoma Workforce Investment Board Inc is located in Oklahoma City, OK. The organization was established in 2006. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Central Oklahoma Workforce Investment Board Inc employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Oklahoma Workforce Investment Board 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, Central Oklahoma Workforce Investment Board Inc generated $10.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $9.6m during the year ending 06/2022. While expenses have increased by 8.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE ECONOMIC DEVELOPMENT IN CENTRAL OKLAHOMA BY LEADING A DEMAND DRIVEN WORKFORCE SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVED 2,408 CUSTOMERS, INCLUDING 414 NEW ENROLLMENTS FOR THE YEAR. PLACED 209 IN OCCUPATIONAL SKILLS TRAINING, 42 IN ON-THE-JOB TRAINING AND 8 IN REGISTERED APPRENTICESHIPS. 65.5% OF CLIENTS EARNED A RECOGNIZED CREDENTIAL. OF THOSE WHO GRADUATED THE PROGRAM 66.7% WERE STILL EMPLOYED AFTER 2 QUARTERS AFTER EXIT AND 67% WERE EMPLOYED 4 QUARTERS AFTER GRADUATION.


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Board, Officers & Key Employees

Name (title)Compensation
Ashley Sellers
Executive Director
$104,565
Richard Brown
Chair
$0
Theresa Stewart
Vice Chair
$0
Darci Williams
Vice Chair
$0
Sheila Baber
Director
$0
Robert Amundson
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rescare Workforce Services
Program Svc.provider
$1,124,918
P S Hamilton Associates Llc
Program Svc.provider
$159,000
Dynamic Workforce Solutions
Program Svc.provider
$3,431,650
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $9,947,439
All other contributions, gifts, grants, and similar amounts not included above$368,796
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,316,235
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $10,316,235

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