Eastern Kentucky Concentrated Employment Program Inc
- Assets
- $3.2m
- Revenue
- $15.6m
- Investments
- $0.0
- Employees
- 49
- Location
- Hazard, KY
- Founding
- 04/1970
- Data as of
- 06/2021
- EIN
- 61-0674045
Organization Overview
Eastern Kentucky Concentrated Employment Program Inc is located in Hazard, KY. The organization was established in 1970. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2021, Eastern Kentucky Concentrated Employment Program Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Kentucky Concentrated Employment Program 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 06/2021, Eastern Kentucky Concentrated Employment Program Inc generated $15.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $15.6m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH A VARIETY OF INITIATIVES AND PARTNERSHIPS, EKCEP HELPS EASTERN KENTUCKY EMPLOYERS LOCATE, TRAIN AND HIRE THE WORKERS THEY NEED AND BRING UNEMPLOYED EASTERN KENTUCKIANS THE SERVICES AND TRAINING THAT ENABLE THEM TO ENTER OR RETURN TO THE WORKPLACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WIOA ADULT PROGRAM/INCUMBENT WORKERS PROGRAM ENABLES PARTICIPANTS AGE 18 AND ABOVE TO OBTAIN OR UPGRADE EMPLOYMENT BY ASSISTING THEM WITH UNDERSTANDING WHICH JOBS ARE IN DEMAND, PLANNING THEIR CAREER PATHS, CONDUCTING JOB SEARCHES, AND ASSESSING AND UPGRADING THEIR WORK SKILLS INCLUDING, IF NEEDED, PROVIDING FINANCIAL ASSISTANCE WITH TUITION AND OTHER COSTS OF CAREER-RELATED TRAINING. PARTICIPANTS SERVED: 986
WIOA YOUTH ACTIVITIES HELP ECONOMICALLY DISADVANTAGED YOUNG PEOPLE WHO NEED HELP TO GET EDUCATION, TRAINING, AND A GOOD START IN THE WORKING WORLD. OFFERS A BROAD RANGE OF SERVICES TO YOUNG PEOPLE BETWEEN THE AGES OF 16 AND 21. THESE SERVICES INCLUDE OPPORTUNITIES FOR ASSISTANCE WITH ACADEMIC OR JOB-RELATED LEARNING, DEVELOPING LEADERSHIP SKILLS, PREPARING FOR FURTHER EDUCATION, AND EVENTUAL EMPLOYMENT. PARTICIPANTS SERVED: 235
WIOA DISLOCATED WORKERS PROGRAM ENABLES PARTICIPANTS WHO HAVE BEEN DISLOCATED FROM THEIR JOBS THROUGH CLOSINGS OR LAYOFFS GET BACK INTO THE WORKFORCE. THIS PROGRAM USES A WIDE ASSORTMENT OF RESOURCES TO HELP PARTICIPANTS IDENTIFY THEIR INTERESTS AND APTITUDES, UNDERSTAND WHICH JOBS ARE IN DEMAND, GET THE TRAINING AND DEVELOP THE SKILLS THEY NEED TO SUCCEED, AND ADVANCE THEIR CAREERS. PARTICIPANTS SERVED: 2,749
OTHER PROGRAM SERVICES CONSISTS OF ADDITIONAL PROGRAMS RELATED TO TRAINING AND EMPLOYMENT ASSISTANCE FOR SPECIALIZED GROUPS OF PARTICIPANTS. PARTICIPANTS SERVED: 6,007
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Whitehead Executive Director | Officer | 37.5 | $135,278 |
Tonya Collins Director Of Finance | Officer | 37.5 | $68,098 |
John Ed Pennington Chairman | OfficerTrustee | 0.5 | $0 |
Joe Grieshop Vice-Chair | OfficerTrustee | 0.5 | $0 |
Tim Bingham Director | Trustee | 0.5 | $0 |
Luther Blanton Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,840,723 |
| All other contributions, gifts, grants, and similar amounts not included above | $618,811 |
| Noncash contributions included in lines 1a–1f | $300,645 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,459,534 |
| Total Program Service Revenue | $146,287 |
| Investment income | $2,107 |
| 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 | $15,607,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,609,503 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $306,913 |
| Compensation of current officers, directors, key employees. | $306,913 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $271,154 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $229,406 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $444 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,200 |
| Travel | $1,232 |
| 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 | $49,813 |
| All other expenses | $7,237 |
| Total functional expenses | $15,608,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $595 |
| Savings and temporary cash investments | $1,785,892 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,404,439 |
| 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 | $3,000 |
| 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 | $3,193,926 |
| Accounts payable and accrued expenses | $546,418 |
| Grants payable | $0 |
| Deferred revenue | $2,602,797 |
| 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 | $46,224 |
| Total liabilities | $3,195,439 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | -$1,513 |
| 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 | $3,193,926 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eastern Kentucky Concentrated Employment Program Inc has recieved totaling $24,750.
| Awarding Organization | Amount |
|---|---|
Foundation For Appalachian Kentucky Inc Hazard, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $24,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edison Welding Institute Inc Columbus, OH | $23,258,662 | $30,160,684 |
Operating Engineers Local 150 Apprenticeship Fund Countryside, IL | $65,849,227 | $38,699,525 |
Eastern Kentucky Concentrated Employment Program Inc Hazard, KY | $3,193,926 | $15,607,928 |
Jobworks Inc Fort Wayne, IN | $2,850,480 | $13,765,612 |
Vacation Fund Of Engineers Local 513 Bridgeton, MO | $4,041,633 | $12,513,206 |
Ibew Local 701 Vacation Fund Warrenville, IL | $3,565,124 | $11,822,716 |
Ohio Operating Engineers Apprenticeship Fund Columbus, OH | $28,221,332 | $11,797,420 |
Apprentice And Journeymen Education And Training Trust Fund U/A 130 Chicago, IL | $39,945,456 | $7,959,512 |
United Labor Agency Inc Cleveland, OH | $1,262,964 | $7,870,324 |
Hobart Institute Of Welding Technology Troy, OH | $21,990,854 | $8,624,823 |
Illinois Laborers & Contractors Training Trust Fund Mt Sterling, IL | $29,577,263 | $7,640,273 |
Skills For Chicagolands Future Chicago, IL | $6,984,801 | $8,975,489 |