Southeast Indiana Workforce Investment Board
- Assets
- $1.1m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 4
- Location
- Lawrenceburg, IN
- Founding
- 04/2002
- Data as of
- 06/2023
- EIN
- 35-2151847
Organization Overview
Southeast Indiana Workforce Investment Board is located in Lawrenceburg, IN. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Southeast Indiana Workforce Investment Board employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeast Indiana Workforce Investment 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 06/2023, Southeast Indiana Workforce Investment Board generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES JOB SERVICES FOR VARIOUS YOUTH, OUT-OF-WORK AND DISADVANTAGED INDIVIDUALS IN SOUTHEAST INDIANA. THE SERVICES INCLUDE VARYING TYPES OF JOB TRAINING AND DEVELOPMENT, JOB ADVANCEMENT PROGRAMS AND JOB PLACEMENT ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES JOB SERVICES FOR VARIOUS YOUTH, OUT-OF-WORK AND DISADVANTAGED INDIVIDUALS IN SOUTHEAST INDIANA. THE SERVICES INCLUDE VARYING TYPES OF JOB TRAINING AND DEVELOPMENT, JOB ADVANCEMENT PROGRAMS AND JOB PLACEMENT ASSISTANCE.
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 |
|---|---|---|---|
Patti Yount Chairman | OfficerTrustee | 1 | $0 |
Scott Hubbard Treasurer | OfficerTrustee | 1 | $0 |
Jenny Moss Director | Trustee | 1 | $0 |
Josh Wilbur Director | Trustee | 1 | $0 |
Tara Becraft Director | Trustee | 1 | $0 |
Sonja White Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
River Valley Resources Inc Service Provider | 6/29/18 | $2,463,339 |
Crowe Llp Fiscal Agent | 6/29/18 | $105,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,902,092 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,346,604 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,248,696 |
| 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 | $4,248,696 |
| 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. | $92,731 |
| Compensation of current officers, directors, key employees. | $45,266 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $134,366 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,122 |
| Payroll taxes | $14,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,857 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,634,030 |
| Advertising and promotion | $0 |
| Office expenses | $7,891 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $200,632 |
| Travel | $11,569 |
| 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 | $0 |
| Insurance | $10,532 |
| All other expenses | $0 |
| Total functional expenses | $4,256,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $587,445 |
| Savings and temporary cash investments | $1,068 |
| Pledges and grants receivable | $395,529 |
| 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 | $21,699 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,649 |
| Total assets | $1,090,390 |
| Accounts payable and accrued expenses | $788,331 |
| Grants payable | $0 |
| Deferred revenue | $43,568 |
| 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 | $88,282 |
| Total liabilities | $920,181 |
| Net assets without donor restrictions | $11,497 |
| Net assets with donor restrictions | $158,712 |
| 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 | $1,090,390 |