Workforce Development Board Of South Central Wisconsin
- Assets
- $699.6k
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 41
- Location
- Madison, WI
- Founding
- 10/1988
- Data as of
- 06/2022
- EIN
- 39-1472579
Organization Overview
Workforce Development Board Of South Central Wisconsin is located in Madison, WI. The organization was established in 1988. 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 06/2022, Workforce Development Board Of South Central Wisconsin employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workforce Development Board Of South Central Wisconsin 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 Development Board Of South Central Wisconsin generated $5.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $5.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Workforce Development Board Of South Central Wisconsin has awarded 121 individual grants totaling $21,361,031. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FORGING STRATEGIC PARTNERSHIPS FOR ECONOMIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) ADULT AND DISLOCATED WORKERS PROGRAMS SEEK TO IMPROVE EMPLOYMENT, RETENTION, AND EARNINGS OF WIOA PARTICIPANTS AND INCREASE THEIR EDUCATIONAL AND OCCUPATIONAL SKILL ATTAINMENT, THEREBY IMPROVING THE QUALITY OF THE WORKFORCE, REDUCING WELFARE DEPENDENCY, AND ENHANCING NATIONAL PRODUCTIVITY AND COMPETITIVENESS. IN FISCAL YEAR 2021 THIS PROGRAM SERVED 616 PARTICIPANTS.
THE ORGANIZATION'S SPECIAL PROJECTS THAT FOCUS ON SPECIFIC OBJECTIVES AND/OR TARGET POPULATIONS. THESE PROGRAMS INCLUDE THE WINDOWS TO WORK PROGRAM, WHICH PROVIDES CASE MANAGEMENT SERVICES TO HELP PARTICIPANTS SEARCH FOR AND SECURE EMPLOYMENT TO ENSURE SUCCESSFUL REINTEGRATION INTO THE COMMUNITY AFTER RELEASE. OTHER SPECIAL PROJECTS ALSO INCLUDE LOCAL YOUTH APPRENTICESHIP, PRE-APPRENTICESHIP AND REGISTERED APPRENTICESHIP WORK, RURAL HEALTHCARE GRANT PARTICIPANTS AND WAI PARTICIPANTS. THE ORGANIZATION SERVED 971 PARTICIPANTS THROUGH SPECIAL PROJECTS DURING THE YEAR.
YOUTH ACTIVITIES SEEK TO INCREASE THE ATTAINMENT OF BASIC SKILLS, WORK READINESS, OR OCCUPATIONAL SKILLS, AND SECONDARY DIPLOMAS OR OTHER CREDENTIALS. A PERSON IS ELIGIBLE TO RECEIVE SERVICES UNDER YOUTH ACTIVITIES IF THEY ARE BETWEEN THE AGES OF FOURTEEN AND TWENTY-ONE AT THE TIME OF ENROLLMENT AND DEMONSTRATE AT LEAST ONE OF THE FOLLOWING BARRIERS TO EMPLOYMENT: DEFICIENT IN BASIC LITERACY SKILLS, A SCHOOL DROPOUT, HOMELESS, A RUNAWAY, A FOSTER CHILD, PREGNANT OR PARENTING, OFFENDER, OR AN INDIVIDUAL WHO REQUIRES ADDITIONAL ASSISTANCE TO COMPLETE AN EDUCATIONAL PROGRAM OR TO SECURE AND HOLD EMPLOYMENT. THE ORGANIZATION SERVED APPROXIMATELY 142 PARTICIPANTS IN YOUTH ACTIVITIES DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Cataldo Past Chair | OfficerTrustee | 1 | $0 |
Pam Christenson Secretary | OfficerTrustee | 1 | $0 |
Paul Dietmann Treasurer | OfficerTrustee | 1 | $0 |
Todd Kearney Chair Elect | OfficerTrustee | 1 | $0 |
Francis Langer Chair | OfficerTrustee | 1 | $0 |
Melanie Bruins Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Impaq International Consulting Services | 6/29/17 | $395,104 |
Integrity Staffing Solutions It Services | 6/29/17 | $245,476 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,363,946 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,363,946 |
| 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 | $5,376,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,752,538 |
| Grants and other assistance to domestic individuals. | $1,388,848 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $291,909 |
| Compensation of current officers, directors, key employees. | $182,992 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $432,829 |
| Pension plan accruals and contributions | $41,535 |
| Other employee benefits | $149,154 |
| Payroll taxes | $49,371 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,329 |
| Office expenses | $42,647 |
| Information technology | $15,344 |
| Royalties | $0 |
| Occupancy | $120,908 |
| Travel | $5,447 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,469 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,646 |
| All other expenses | $10,215 |
| Total functional expenses | $5,366,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,681 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $587,871 |
| Accounts receivable, net | $2,000 |
| 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 | $29,075 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $699,627 |
| Accounts payable and accrued expenses | $629,611 |
| 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 | $629,611 |
| Net assets without donor restrictions | $70,016 |
| 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 | $699,627 |
Grants Awarded
Over the last fiscal year, Workforce Development Board Of South Central Wisconsin has awarded $2,752,538 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
EMPLOYMENT AND TRAINING ASSOCIATION INC PURPOSE: CASE MANAGEMENT SERVICES | $844,045 |
OPPORTUNITIES INC OF JEFFERSON COUNTY PURPOSE: CASE MANAGEMENT SERVICES | $174,163 |
SOUTHWEST WISCONSIN WORKFORCE DEVELOPMENT BOARD INC PURPOSE: CASE MANAGEMENT SERVICES | $206,065 |
FORWARD CAREERS PURPOSE: CASE MANAGEMENT SERVICES | $222,805 |
MADISON AREA TECHNICAL COLLEGE PURPOSE: CASE MANAGEMENT SERVICES | $393,423 |
OPERATION FRESH START INC PURPOSE: CASE MANAGEMENT SERVICES | $64,123 |