Work Connection Inc
- Assets
- $187.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 35
- Location
- Houma, LA
- Founding
- 08/1988
- Data as of
- 06/2022
- EIN
- 72-1044872
Organization Overview
Work Connection Inc is located in Houma, LA. The organization was established in 1988. 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, Work Connection Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Work Connection 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, Work Connection Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 9.5% 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
REGIONAL WORKFORCE READINESS AND TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE INVESTMENT ACT TITLE I-B: ADULT - FUNDS USED TO INCREASE THE EMPLOYABILITY OF ECONOMICALLY DISADVANTAGED ADULTS THROUGH PARTICIPATION IN CLASSROOM AND ON-THE-JOB TRAINING AND WORK EXPERIENCE. IN ADDITION, EMPLOYER OUTREACH JOB SEARCH AND DIRECT PLACEMENT ACTIVITIES ARE CONDUCTED
WORKFORCE INVESTEMENT ACT TITLE I-B: DISLOCATED WORKER- FUNDS ARE USED TO INCREASE EMPLOYABILITY OF DISLOCATED WORKERS THROUGH CLASSROOM TRAINING AND ON-THE-JOB TRAINING PROGRAMS
WORKFORCE INVESTMENT ACT TITLE I-B: YOUTH - FUNDS ARE USED TO INCREASE THE EMPLOYABILITY OF ECONIMICALLY DISADVANTAGED YOUTH THROUGH PARTICIPATION IN CLASSROOM AND ON-THE-JOB TRAINING, WORK EXPERIENCE, AND EXEMPLARY YOUTH PROGRAMS. IN ADDITION, EMPLOYER OUTREACH, JOB SEARCH, AND DIRECT PLACEMENT ACTIVITIES ARE CONDUCTED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorey Owens Executive Director | Officer | 40 | $63,074 |
Willie St Pierre Chairman | OfficerTrustee | 1 | $0 |
Gregory Harding Vice Chariman | OfficerTrustee | 1 | $0 |
Nicol Montiville Secretary/treasurer | OfficerTrustee | 1 | $0 |
Patrick Johnson Director | Trustee | 0.5 | $0 |
Robert Pagan Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,134,943 |
| 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 | $1,134,943 |
| 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 | $1,191,834 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $285,672 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,074 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $463,012 |
| Pension plan accruals and contributions | $18,462 |
| Other employee benefits | $64,909 |
| Payroll taxes | $39,261 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,661 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,935 |
| Advertising and promotion | $15,751 |
| Office expenses | $52,535 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,469 |
| Travel | $0 |
| 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 | $18,180 |
| Insurance | $31,926 |
| All other expenses | $0 |
| Total functional expenses | $1,176,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,577 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $68,899 |
| Accounts receivable, net | $0 |
| 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 | $51,650 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,392 |
| Total assets | $187,518 |
| Accounts payable and accrued expenses | $99,535 |
| 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 | $8,211 |
| Total liabilities | $107,746 |
| Net assets without donor restrictions | $28,122 |
| Net assets with donor restrictions | $51,650 |
| 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 | $187,518 |
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|---|---|---|
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Launch Global Richardson, TX | $5,975,467 | $10,354,602 |
Rural Capital Area Workforce Development Board Inc Cedar Park, TX | $3,449,616 | $9,394,999 |
Project Quest Inc San Antonio, TX | $2,369,598 | $9,372,995 |
Texas Educational Foundation Inc San Antonio, TX | $1,129,254 | $386,993 |
Gulf Coast Carpenters & Millwrights Training Trust Fund Austin, TX | $15,423,241 | $7,036,287 |
C L C Inc Fort Worth, TX | $2,716,562 | $3,129,165 |
Joint Apprentice Committee Of Local Union 211 Deer Park, TX | $12,119,374 | $2,928,345 |
Houstons Capital Investing In Development & Employment Of Adults Houston, TX | $725,437 | $2,217,436 |
Td Jakes Foundation Dallas, TX | $810,806 | $1,257,573 |
Associated Builders & Contractors Merit Shop Training Program Inc Corpus Christi, TX | $7,587,065 | $1,669,939 |