Central Workforce Development
- Assets
- $289.3k
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 8
- Location
- Rolla, MO
- Founding
- 02/2003
- Data as of
- 06/2023
- EIN
- 43-1893333
Organization Overview
Central Workforce Development is located in Rolla, MO. The organization was established in 2003. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. As of 06/2023, Central Workforce Development employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Workforce Development 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, Central Workforce Development generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $2.9m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Central Workforce Development has awarded 16 individual grants totaling $12,881,937. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN COMMUNITIES THROUGH WORKFORCE DEVELOPMENT EFFORTS, WHICH INCLUDES PROVIDING EMPLOYERS A SKILLED WORKFORCE AND HELPING JOB SEEKERS ACCESS JOBS AND INCREASE THEIR SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE INVESTMENT ACT (CAREER CENTER, ADULT, YOUTH, DISLOCATED WORKERS, RAPID RESPONSE): DESIGN AND DIRECT HIGH-PERFORMANCE, RESULTS-ORIENTED, UNIVERSAL EMPLOYMENT SERVICES TO MEET THE WORKFORCE DEVELOPMENT NEEDS OF EMPLOYERS, WORKERS, AND JOB SEEKERS IN CENTRAL MISSOURI. SERVICES ARE PROVIDED THROUGH FOUR COMPREHENSIVE JOBS CENTERS, FOUR SATELLITE LOCATIONS, AND AN ADMINISTRATIVE OFFICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Sublett Executive Di | Officer | 40 | $79,884 |
Donna Smith CFO | Officer | 40 | $66,733 |
Kathy Groves Chairman | OfficerTrustee | 1 | $0 |
Ray Crouch Vice Chairma | OfficerTrustee | 1 | $0 |
Matt Hurley Secretary | OfficerTrustee | 1 | $0 |
Tr Dudley Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,914,389 |
| 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 | $2,914,389 |
| Total Program Service Revenue | $8,198 |
| 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 | $2,922,587 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,045,394 |
| Grants and other assistance to domestic individuals. | $224,871 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,280 |
| Compensation of current officers, directors, key employees. | $35,535 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,411 |
| Pension plan accruals and contributions | $10,521 |
| Other employee benefits | $37,376 |
| Payroll taxes | $36,261 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,086 |
| Advertising and promotion | $331 |
| Office expenses | $3,041 |
| Information technology | $15,272 |
| Royalties | $0 |
| Occupancy | $25,211 |
| Travel | $82 |
| 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 | $12,887 |
| All other expenses | $0 |
| Total functional expenses | $2,894,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,674 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $117,942 |
| 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 | $13,635 |
| 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 | $289,251 |
| Accounts payable and accrued expenses | $166,746 |
| 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 | $166,746 |
| Net assets without donor restrictions | $122,505 |
| 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 | $289,251 |
Grants Awarded
Over the last fiscal year, Central Workforce Development has awarded $575,550 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL OZARKS PRIVATE INDUST PURPOSE: CONDUCT RELATED PROGRAMS | $331,928 |
PREFERRED FAMILY HEALTHCARE PURPOSE: CONDUCT RELATED PROGRAMS | $243,622 |