Workforce Institute Of Lorain County
- Assets
- $49.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elyria, OH
- Founding
- 06/2002
- Data as of
- 06/2022
- EIN
- 34-1930134
Organization Overview
Workforce Institute Of Lorain County is located in Elyria, OH. The organization was established in 2002. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workforce Institute Of Lorain County 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, Workforce Institute Of Lorain County generated $957.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (60.2%) each year. All expenses for the organization totaled $4.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A COUNTY-WIDE RESOURCE DEDICATED TO ADDRESSING CURRENT AND FUTURE WORKFORCE NEEDS THROUGH DATA COLLECTIONS, INFORMATION ANALYSIS, COLLECTIVE ACTION AND EVALUATION.
Describe the Organization's Program Activity:
Part 3
FACILITATE THE ONGOING GROWTH AND IMPLEMENTATION OF WORKFORCE AND ECONOMIC DEVELOPMENT INITIATIVES IN LORAIN COUNTY.
FACILITATE THE ONGOING GROWTH AND IMPLEMENTATION OF WORKFORCE AND ECONOMIC DEVELOPMENT INITIATIVES IN LORAIN COUNTY.
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 |
|---|---|---|---|
Roy Church Chairman Of | 0 | $0 | |
Marcia Ballinger Director | 0 | $0 | |
Glenn Faircloth Director | 0 | $0 | |
Mary Murphy Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $922 |
| Membership dues | $0 |
| Investment income | $35 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $957 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,120 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,709 |
| Total expenses | $4,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,532 |
| Other assets | $0 |
| Total assets | $49,532 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,532 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Workforce Development Board Of Central Ohio Columbus, OH | $1,226,414 | $9,387,231 |
Central Pennsylvania Workforce Development Corporation Lewisburg, PA | $2,063,323 | $7,980,390 |
Job Squad Inc Bridgeport, WV | $7,674,844 | $8,287,475 |
Washington Greene County Job Training Agency Inc Washington, PA | $1,089,406 | $7,552,345 |
Lancaster County Workforce Investment Board Lancaster, PA | $4,353,738 | $7,078,315 |
Central Susquehanna Opportunities Inc Shamokin, PA | $2,005,691 | $6,265,439 |
Partners In Progress Inc Mansfield, PA | $8,185,580 | $7,153,542 |
Northern Indiana Workforce Board Inc South Bend, IN | $1,518,783 | $6,187,359 |
Tecumseh Area Partnership Inc Lafayette, IN | $657,901 | $5,842,061 |
Workforce Solutions For North Central Pennsylvania Inc Kersey, PA | $1,800,061 | $5,387,461 |
Lee Initiative Inc Louisville, KY | $1,578,527 | $6,114,008 |
Goodtemps Inc Muskegon, MI | $1,471,204 | $5,593,631 |