Minnesota Association Of Workforce Boards
- Assets
- $242.5k
- Revenue
- $203.3k
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 12/1995
- Data as of
- 12/2022
- EIN
- 41-1778499
Organization Overview
Minnesota Association Of Workforce Boards is located in St Paul, MN. The organization was established in 1995. 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. Minnesota Association Of Workforce Boards 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 12/2022, Minnesota Association Of Workforce Boards generated $203.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $170.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.3%) per year over the past 4 years. 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
IT IS THE MISSION OF THE MINNESOTA ASSOCIATION OF WORKFORCE BOARDS (MAWB) TO PROVIDE MINNESOTA WITH A SKILLED AND COMPETITIVE WORKFORCE THROUGH ENGAGED AND PROACTIVE LOCAL ELECTED OFFICIALS, WORKFORCE DEVELOPMENT BOARDS, AND STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGIONAL PLANNING. THE PURPOSE OF THESE FUNDS IS TO HELP EACH OF THE SIXTEEN WORKFORCE DEVELOPMENT BOARDS/SIX WORKFORCE DEVELOPMENT REGIONS IN IMPLEMENTING VARIOUS ASPECTS OF THE FEDERAL WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) PROGRAMS. FUNDING SUPPORTED COMMUNITY ENGAGEMENT, TECHNICAL ASSISTANCE, AND RESOURCES TO IMPLEMENT SECTOR STRATEGIES AND EQUITY INITIATIVES; ALL WITH THE GOAL OF ENSURING THAT MINNESOTA'S EMPLOYERS HAVE WORKERS AND JOB SEEKERS HAVE THE SKILLS NEEDED BY EMPLOYERS.
CLASP. THE CENTER FOR LAW AND SOCIAL POLICY (CLASP) HAS DEVELOPED A SET OF RECOMMENDATIONS FOR MN DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED) LEADERSHIP ON STATE AGENCY ACTIONS THAT CAN HELP ADVANCE EQUITY OF ACCESS AND OUTCOMES FOR MINNESOTANS THAT HAVE BEEN DISPARATELY IMPACTED IN THEIR ATTAINMENT OF SKILLS AND QUALITY EMPLOYMENT. THESE ACTIONS WILL HELP MINNESOTA IMPLEMENT ITS WORKFORCE INNOVATIONS AND OPPORTUNITY ACT (WIOA) PLAN GOAL TO REDUCE THE RACIAL DISPARITIES IN EDUCATION AND EMPLOYMENT TO PROVIDE GREATER OPPORTUNITY FOR ALL MINNESOTANS.
MINNESOTA ASSOCIATION OF WORKFORCE BOARDS SERVICES. THESE FUNDS WERE USED TO CONTRACT FOR SERVICES THAT INCREASE COLLABORATION BETWEEN WORKFORCE SYSTEM PARTNERS INCLUDING LOCAL SERVICE PROVIDERS, LOCAL WORKFORCE BOARDS, THE STATE WORKFORCE BOARDS AND STATE AGENCIES INCLUDING THE DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT AND THE DEPARTMENT OF EDUCATION. ACTIVITIES INCLUDED TRAINING ON NEW FEDERAL LAWS, RESEARCH ON BEST PRACTICES, STRATEGIC PLANNING ON STATEWIDE VISION AND SUPPORT REGIONAL COLLABORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanna Fortney Director | OfficerTrustee | 30 | $0 |
Scott Schulte Chair | OfficerTrustee | 2 | $0 |
Nicole Mattson Vice Chair | OfficerTrustee | 1 | $0 |
Carol Anderson At-Large | Trustee | 1 | $0 |
Barb Chaffee Treasurer | OfficerTrustee | 1 | $0 |
Richard Greene At-Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $76,901 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $112,128 |
| 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 | $189,029 |
| Total Program Service Revenue | $14,275 |
| 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 | $203,304 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $160,628 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,500 |
| Advertising and promotion | $0 |
| Office expenses | $1,284 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $170,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,060 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $71,468 |
| 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 | $0 |
| 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 | $242,528 |
| Accounts payable and accrued expenses | $15,402 |
| 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 | $15,402 |
| Net assets without donor restrictions | $226,126 |
| Net assets with donor restrictions | $1,000 |
| 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 | $242,528 |