Bay Consortium Workforce Investment Board
- Assets
- $142.9k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Warsaw, VA
- Founding
- 08/1992
- Data as of
- 06/2023
- EIN
- 54-1245993
Organization Overview
Bay Consortium Workforce Investment Board is located in Warsaw, VA. The organization was established in 1992. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2023, Bay Consortium Workforce Investment Board employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Consortium 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, Bay Consortium Workforce Investment Board generated $2.3m 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 (3.6%) each year. All expenses for the organization totaled $2.4m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Bay Consortium Workforce Investment Board has awarded 26 individual grants totaling $2,857,694. 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
ADMINISTER WORKFORCE INVESTMENT ACT FUNDING ON A LOCAL LEVEL. FEDERALLY FUNDED JOB TRAINING/EDUCATIONAL PROGRAMS EMPLOYER ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WIOA ADULT PROGRAMS - PREPARE ADULTS FOR ENTRY INTO THE LABOR FORCE AND TO AFFORD JOB TRAINING/EDUCATION TO THOSE ECONOMICALLY DISADVANTAGED, PHYSICALLY OR MENTALLY CHALLENGED/DISABLED AND IN NEED OF OBTAINING EMPLOYMENT.
OTHER PROGRAMS CONSIST OF THE COMPREHENSIVE ONE STOP, INCENTIVE PROGRAM AND THE OJT AND TICKET TO WORK PROGRAMS.
WIOA DISLOCATED WORKER PROGRAM - TRAINING PROGRAMS AND ADVANCED EDUCATIONAL OPPORTUNITIES THAT ASSIST CLIENTS RECEIVING/ELIGIBLE TO RECEIVE UNEMPLOYMENT BENEFITS FOR RE-ENTRY INTO THE LABOR FORCE.
WIOA YOUTH IN SCHOOL/OUT OF SCHOOL PROGRAMS PROVIDE SERVICES TO PREPARE YOUTH FOR ENTRY INTO THE WORKFORCE OR ADVANCE TO POST-SECONDARY EDUCATION FOR OTHER EDUCATION FOR OTHER OCCUPATIONAL TRAINING. PREPAPRE OUT OF SCHOOL YOUTH TO OBTAIN THEIR GED AND PROVIDE THEM WITH MENTORING COUNSELING SERVICES.
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 |
|---|---|---|---|
Lamont Brown Member-At-La | Trustee | 10 | $0 |
Ashley Forbes Chair | OfficerTrustee | 10 | $0 |
Josh Gemerek Secretary/tr | OfficerTrustee | 10 | $0 |
Shawn Hildebrand Board Member | Trustee | 10 | $0 |
Majorie Lampkin Board Member | Trustee | 10 | $0 |
Vanesa Livingstone Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,950,309 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,050,608 |
| Total Program Service Revenue | $240,974 |
| 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 | $2,318,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,047,685 |
| 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 | $435,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,859 |
| Payroll taxes | $36,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,969 |
| Advertising and promotion | $0 |
| Office expenses | $40,772 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,452 |
| Travel | $55,594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,300 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $187,208 |
| Insurance | $4,805 |
| All other expenses | $92,157 |
| Total functional expenses | $2,362,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,676 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,272 |
| 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 | $9,964 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $142,912 |
| Accounts payable and accrued expenses | $240,848 |
| 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 | $34,368 |
| Total liabilities | $275,216 |
| Net assets without donor restrictions | -$132,304 |
| 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 | $142,912 |
Grants Awarded
Over the last fiscal year, Bay Consortium Workforce Investment Board has awarded $1,047,685 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EASTERN SHORE COMMUNITY COLLEGE PURPOSE: WIOA ADMIN | $176,388 |
RAPPAHANNOCK COMMUNITY COLLEGE PURPOSE: WIOA ADMIN | $305,305 |
RAPPAHANNOCK GOODWILL INDUSTRIES PURPOSE: WIOA ADMIN | $565,992 |