National Association Of State Workforce Agencies
- Assets
- $10.0m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 111
- Location
- Washington, DC
- Founding
- 11/1973
- Data as of
- 09/2023
- EIN
- 52-0978073
Organization Overview
National Association Of State Workforce Agencies is located in Washington, DC. The organization was established in 1973. 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 09/2023, National Association Of State Workforce Agencies employed 111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of State Workforce Agencies is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2023, National Association Of State Workforce Agencies generated $4.9m 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 (8.5%) each year. All expenses for the organization totaled $5.0m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL ASSOCIATION OF STATE WORKFORCE AGENCIES (NASWA) MISSION IS TO PROMOTE THE WORK OF STATE WORKFORCE AGENCIES, ENGAGE IN LIAISON ACTIVITIES WITH THE U.S. DEPARTMENT OF LABOR, CONGRESS, EMPLOYERS, WORKERS, THE PUBLIC, AND THE MEDIA; FACILITATE REOINFORMATION SHARING AMONG ASOCIATION MEMBERS; AND INITIATE TRAINING AND DEVELOPMENT ACTIVITIES TO ENHANCE PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP FUNCTIONS:MEMBERSHIP FUNCTIONS REPRESENT EXPENSES DIRECTLY ASSOCIATED WITH RUNNING THE PROGRAMS NEEDED TO SERVE THE MEMBERS OF THE ORGANIZATION.
PUBLICATIONS AND SUBSCRIPTIONS:PUBLICATIONS AND SUBSCRIPTIONS INCLUDE THE NATIONAL LABOR EXCHANGE (NLX), OCCUCODER, AND SUTA DUMPING DETECTION SYSTEM (SDDS).
MEETINGS AND CONVENTIONS:NASWA HOLDS QUARTERLY MEETINGS WITH ITS VARIOUS PROGRAM COMMITTEES AND ANNUAL CONFERENCES IN FOR CERTAIN SPECIFIC PROGRAM AREAS TO EDUCATE AND INFORM ITS MEMBERSHIP ON TOPICS AND ISSUES IN THE PUBLIC WORKFORCE SECTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Asaro-Angelo Past Chair | Trustee | 0.5 | $0 |
Michael Harrington Chair | OfficerTrustee | 2.5 | $0 |
Joe Barela Chair-Elect | OfficerTrustee | 2.5 | $0 |
Sarah Morrissey Director | Trustee | 0.5 | $0 |
Laura Fortman Director | Trustee | 0.5 | $0 |
Nesha Christian-Hendrickson Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fall Communications Website And Database | 9/29/15 | $210,766 |
United Healthcare Insurance Co Health Insurance | 9/29/15 | $247,230 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,381 |
| 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 | $48,381 |
| Total Program Service Revenue | $4,763,727 |
| Investment income | $102,198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,448 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,903,350 |
| 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. | $1,168,888 |
| Compensation of current officers, directors, key employees. | $271,321 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,437,897 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $81,251 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $221,456 |
| Information technology | $317,300 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $254,255 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,469,038 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,019 |
| Insurance | $76,282 |
| All other expenses | -$1,626,492 |
| Total functional expenses | $5,025,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $574,813 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $419,124 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,319,546 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $303,289 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,384,395 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,995,944 |
| Total assets | $9,997,111 |
| Accounts payable and accrued expenses | $1,567,694 |
| Grants payable | $0 |
| Deferred revenue | $791,595 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,555,895 |
| 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 | $1,474,099 |
| Total liabilities | $5,389,283 |
| Net assets without donor restrictions | $4,607,828 |
| 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 | $9,997,111 |