Tampa Bay Workforce Alliance Inc
- Assets
- $5.2m
- Revenue
- $20.8m
- Investments
- $22.5k
- Employees
- 587
- Location
- Tampa, FL
- Founding
- 02/2001
- Data as of
- 06/2023
- EIN
- 59-3655316
Organization Overview
Tampa Bay Workforce Alliance Inc, operating under the name Careersource Tampa Bay, is located in Tampa, FL. The organization was established in 2001. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2023, Careersource Tampa Bay employed 587 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Careersource Tampa Bay 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, Careersource Tampa Bay generated $20.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $21.0m during the year ending 06/2023. While expenses have increased by 2.4% per year over the past 8 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.
Since 2016, Careersource Tampa Bay has awarded 20 individual grants totaling $1,767,252. 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
TAMPA BAY WORKFORCE ALLIANCE INC., PROVIDES JOB TRAINING AND EMPLOYMENT COUNSELING FOR THOSE INDIVIDUALS WHO NEED EMPLOYMENT, PROMOTES EMPLOYMENT FOR LOW-INCOME AND UNDEREMPLOYED INDIVIDUALS, AND ASSISTS WELFARE RECIPIENTS, DISABLED WORKERS, PERSONS AFFECTED BY LAYOFFS, AND OTHER HARD-TO-PLACE WORKERS IN FINDING MEANINGFUL EMPLOYMENT. THE ORGANIZATION ALSO PROVIDES BUSINESS CLIENT SERVICES TO INCLUDE EMPLOYEE MATCHING ON THE JOB TRAINING, AND INCUMBENT WORKER TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE INNOVATION AND OPPORTUNITY ACT - STRIVES TO MEET THE NEEDS OF PARTICIPANTS IN GAINING SKILLS, TRAINING, WORK AND EXPERIENCE THAT WILL INCREASE PROGRAM PARTICIPANTS ABILITY TO OBTAIN SELF SUFFICIENCY.
OTHER PROGRAM SERVICES INCLUDE: THE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM, UNEMPLOYMENT AND REEMPLOYMENT PROGRAMS, TRADE ADJUSTMENT ASSISTANCE, NATIONAL EMERGENCY GRANT PROGRAMS, ADULT EDUCATION AND H1B SKILLS TRAINING GRANT PROGRAMS. ALL OF THESE PROGRAMS WERE IMPLEMENTED TO ENHANCE THE EMPLOYMENT SKILLS AND THE EMPLOYABILITY OF THE PARTICIPANTS.
THE TEMPORARY ASSISTANCE FOR NEEDY FAMILIES (TANF) PROGRAM - PROVIDES TEMPORARY FINANCIAL ASSISTANCE FOR PREGNANT WOMEN AND FAMILIES WITH ONE OR MORE DEPENDENT CHILDREN. TANF PROVIDES FINANCIAL ASSISTANCE TO HELP PAY FOR FOOD, SHELTER, UTILITIES, AND EXPENSES OTHER THAN MEDICAL.
WAGNER-PEYSER ACT FUNDED WORKFORCE PREPARATION SERVICES - GENERAL WAGNER-PEYSER ACT FUNDED WORKFORCE PREPARATION SERVICES ARE AN INTEGRATED COMPONENT OF THE NATION'S ONE-STOP CAREER CENTER SYSTEM. THEY ARE COORDINATED WITH OTHER ADULT PROGRAMS UNDER THE WORKFORCE INVESTMENT ACT TO ENSURE THAT JOB SEEKERS, WORKERS, AND EMPLOYERS HAVE CONVENIENT AND COMPREHENSIVE ACCESS TO A FULL CONTINUUM OF WORKFORCE-RELATED SERVICES. THE MOST DISTINGUISHING FEATURE OF THE WAGNER-PEYSER EMPLOYMENT SERVICE IS THAT IT IS THE ONLY "UNIVERSALLY ACCESSIBLE" PUBLIC WORKFORCE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Butler Chair | OfficerTrustee | 1 | $0 |
Benjamin Hom Immediate Past Chair | OfficerTrustee | 1 | $0 |
Donald Noble Vice Chair | OfficerTrustee | 1 | $0 |
Ken Hagan 2nd Vice Chair | OfficerTrustee | 1 | $0 |
Gary Hartfield Treasurer/chair Finance Committee | OfficerTrustee | 1 | $0 |
Steve Morey Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Svm Lp Supportive Service Visa Cards Provider | 6/29/18 | $884,849 |
New Horizons Computer Learning Center Training Provider | 6/29/18 | $860,845 |
Ryman Inc Dba Complete Technology Solu It Services | 6/29/18 | $394,638 |
Lasalle Computer Learning Center Training Provider | 6/29/18 | $241,560 |
Roadmaster Drivers School Inc Training Provider | 6/29/18 | $235,860 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $138,382 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,472,782 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,669,364 |
| Total Program Service Revenue | $0 |
| Investment income | $2,239 |
| 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 | $20,751,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,086,151 |
| 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. | $933,190 |
| Compensation of current officers, directors, key employees. | $247,618 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,787,108 |
| Pension plan accruals and contributions | $303,546 |
| Other employee benefits | $862,330 |
| Payroll taxes | $491,259 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,203 |
| Fees for services: Accounting | $38,818 |
| Fees for services: Lobbying | $36,090 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $871,339 |
| Advertising and promotion | $0 |
| Office expenses | $481,636 |
| Information technology | $578,965 |
| Royalties | $0 |
| Occupancy | $1,439,973 |
| Travel | $96,968 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,864 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $172,075 |
| Insurance | $118,078 |
| All other expenses | $10,625 |
| Total functional expenses | $20,956,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $631,915 |
| Savings and temporary cash investments | $424,653 |
| Pledges and grants receivable | $1,525,012 |
| Accounts receivable, net | $64,641 |
| 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 | $274,290 |
| Net Land, buildings, and equipment | $261,810 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $22,507 |
| Investments—program-related | $0 |
| Intangible assets | $1,998,968 |
| Other assets | $0 |
| Total assets | $5,203,796 |
| Accounts payable and accrued expenses | $2,090,134 |
| Grants payable | $0 |
| Deferred revenue | $12,157 |
| 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 | $2,336,347 |
| Total liabilities | $4,438,638 |
| Net assets without donor restrictions | $765,158 |
| 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 | $5,203,796 |
Grants Awarded
Over the last fiscal year, Tampa Bay Workforce Alliance Inc has awarded $265,063 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
USF PURPOSE: PARTICIPANT EDUCATION AND TRAINING - TECH-HIRE | $16,463 |
BAYCARE PURPOSE: WORK RELATED TRAINING FOR PROGRAM PARTICIPANTS - TECH HIRE | $142,800 |
IBM PURPOSE: PARTICIPANT EDUCATION AND TRAINING - TECH HIRE | $1,800 |
TAMPA INNOVATION ALLIANCE PURPOSE: TRAINING FOR PARTICIPANTS - TECH HIRE | $104,000 |