Human Resource Development & Employment Inc
- Assets
- $2.4m
- Revenue
- $611.9k
- Investments
- $0.0
- Employees
- 58
- Location
- Morgantown, WV
- Founding
- 10/1978
- Data as of
- 06/2022
- EIN
- 55-0561496
Organization Overview
Human Resource Development & Employment Inc is located in Morgantown, WV. The organization was established in 1978. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Human Resource Development & Employment Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Human Resource Development & Employment Inc 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, Human Resource Development & Employment Inc generated $611.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $896.3k during the year ending 06/2022. 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
PROVIDE SAFE, DECENT AND AFFORDABLE HOUSING, EDUCATIONAL PROGRAMS, AND SKILLS TRAINING TO ECONOMICALLY DISADVANTAGED PERSONS, AND PERSONS WITH DISABILITIES, THE ELDERLY, AND FAMILIES THROUGHOUT WEST VIRGINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSROOM TRAINING AND EDUCATIONAL SKILLS DEVELOPMENT PROGRAMS THAT EFFECTIVELY IMPROVE THE EMPLOYABILITY OF UNEMPLOYED, UNDEREMPLOYED, AND DISLOCATED WORKERS, OLDER INDIVIDUALS, ADULTS, YOUTH, AND PERSONS WITH DISABILITIES; INCLUDING INDIVIDUALS REFERRED BY THE WV DEPARTMENT OF EMPLOYMENT SECURITY AND YOUTH TRAINING IN THE BUILDING CONSTRUCTION TRADES.
PROPERTY MANAGEMENT AND PROPERTY DEVELOPMENT SERVICES TO RELATED NONPROFIT ORGANIZATIONS THAT OPERATE SUBSIDIZED HOUSING FOR ELDERLY, DISABLED AND LOW INCOME INDIVIDUALS AND FAMILIES IN WEST VIRGINIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua D Sword President | OfficerTrustee | 1 | $0 |
Andy Walters Secretary Tr | OfficerTrustee | 1 | $0 |
Claudette Karr Vice Preside | OfficerTrustee | 39 | $73,385 |
Fred Albert Executive Bo | Trustee | 0.05 | $0 |
Heather Anderson Executive Bo | Trustee | 0.05 | $0 |
Sterling Ball Executive Bo | Trustee | 0.02 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,854 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,425 |
| Total Program Service Revenue | $606,431 |
| Investment income | $6,134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$53,068 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $611,922 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,022 |
| 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. | $111,966 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,003 |
| Pension plan accruals and contributions | $10,091 |
| Other employee benefits | $38,709 |
| Payroll taxes | $20,815 |
| Fees for services: Management | $55,000 |
| Fees for services: Legal | $420 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,701 |
| Advertising and promotion | $1,494 |
| Office expenses | $69,706 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,843 |
| Travel | $14,182 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,788 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,629 |
| Insurance | $33,871 |
| All other expenses | $0 |
| Total functional expenses | $896,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,196 |
| Savings and temporary cash investments | $397,550 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,776 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,664 |
| Prepaid expenses and deferred charges | $7,698 |
| Net Land, buildings, and equipment | $465,346 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $11,620 |
| Intangible assets | $0 |
| Other assets | $1,471,058 |
| Total assets | $2,392,908 |
| Accounts payable and accrued expenses | $317,960 |
| 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 | $297,593 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,390 |
| Total liabilities | $624,943 |
| Net assets without donor restrictions | $1,767,965 |
| 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 | $2,392,908 |