South Western West Virginia Region 2 Work Force Investment Board is located in Huntington, WV. The organization was established in 2001. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2022, South Western West Virginia Region 2 Work Force Investment Board employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Western West Virginia Region 2 Work Force 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 06/2022, South Western West Virginia Region 2 Work Force Investment Board generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $4.7m during the year ending 06/2022. While expenses have increased by 7.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PROVIDE ACTIVITIES UNDER THE WORKFORCE DEVELOPMENT SYSTEM
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE POLICY GUIDANCE AND EXERCISE OVERSIGHT FOR ACTIVITIES UNDER THE WORKFORCE DEVELOPMENT SYSTEM AND ITS SERVICE DELIVERY AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melissa Bias Executive Director | OfficerTrustee | 40 | $97,266 |
Claude Hunt Executive Director | OfficerTrustee | 40 | $64,273 |
Monika Rowe Vice Chairman | OfficerTrustee | 2 | $0 |
Charles Shaw Youth Chairman | OfficerTrustee | 2 | $0 |
Diana Barnett Secretary | OfficerTrustee | 2 | $0 |
Andy Skidmore Chairman | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,765,252 |
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 | $4,765,252 |
Total Program Service Revenue | $0 |
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 | $4,765,252 |
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. | $117,726 |
Compensation of current officers, directors, key employees. | $117,726 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $859,980 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $23,743 |
Payroll taxes | $90,232 |
Fees for services: Management | $0 |
Fees for services: Legal | $36,000 |
Fees for services: Accounting | $83,075 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $329,234 |
Advertising and promotion | $0 |
Office expenses | $146,920 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $415,856 |
Travel | $72,780 |
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 | $25,719 |
All other expenses | $0 |
Total functional expenses | $4,738,187 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $395,916 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $312,627 |
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 | $7,081 |
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 | $715,624 |
Accounts payable and accrued expenses | $364,647 |
Grants payable | $0 |
Deferred revenue | $9,258 |
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 | $373,905 |
Net assets without donor restrictions | $341,719 |
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 | $715,624 |
Organization Name | Assets | Revenue |
---|---|---|
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Skills Usa Inc Leesburg, VA | $8,575,895 | $14,271,991 |
Coalition On Homeless And Housing In Ohio Columbus, OH | $8,605,666 | $14,656,133 |
Impact Services Corp Philadelphia, PA | $10,268,783 | $12,440,470 |
Second Chance Inc Baltimore, MD | $22,971,247 | $13,264,528 |
Anne Arundel Workforce Development Corporation Inc Millersville, MD | $2,854,225 | $10,470,291 |
Workforce Development Board Of Central Ohio Columbus, OH | $1,226,414 | $9,387,231 |
Experience Works Inc Severna Park, MD | $76,388 | $8,997,468 |
Central Pennsylvania Workforce Development Corporation Lewisburg, PA | $2,063,323 | $7,980,390 |
Employ Prince Georges Largo, MD | $4,258,774 | $8,835,926 |
Job Squad Inc Bridgeport, WV | $7,674,844 | $8,287,475 |
Washington Greene County Job Training Agency Inc Washington, PA | $1,089,406 | $7,552,345 |