Region 10 Workford Board Inc
- Assets
- $536.4k
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 8
- Location
- New Albany, IN
- Founding
- 03/2007
- Data as of
- 06/2021
- EIN
- 20-4981068
Organization Overview
Region 10 Workford Board Inc is located in New Albany, IN. The organization was established in 2007. 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 06/2021, Region 10 Workford Board Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Region 10 Workford Board 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, Region 10 Workford Board Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $3.4m during the year ending 06/2021. While expenses have increased by 5.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
REGION 10 WORKFORCE BOARD, INC. PROVIDES OVERSIGHT OF WORKONE EMPLOYMENT CENTERS AND WORKFORCE INNOVATIVE OPPORTUNITY ACT SERVICES FOR THE WORKFORCE SERVICE AREA OF CLARK, FLOYD, CRAWFORD, HARRISON, SCOTT AND WASHINGTON COUNTIES IN INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT, YOUTH, AND DISLOCATED WORKER TRAINING AND PLACEMENT OF ECONOMICALLY DISADVANTAGED PERSONS IN DESIGNATED SERVICE DELIVERY AREA. PARTICIPANTS QUALIFY AS PRESCRIBED BY FEDERAL AND STATE LAWS AND REGULATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Waterson Executive Dir. | Officer | 40 | $100,928 |
Shane Stuber Chair | OfficerTrustee | 1 | $0 |
Todd Garrison Vice Chair | OfficerTrustee | 1 | $0 |
Rick Grider Secretary | OfficerTrustee | 1 | $0 |
Darrell Voelker Treasurer | OfficerTrustee | 1 | $0 |
Ben Lepak Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Everhealth New Albany Llc Rent | 6/29/21 | $225,174 |
Crowe Llp Accounting | 6/29/21 | $100,200 |
Jobworks Inc Service Provider | 6/29/21 | $2,013,939 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,992,815 |
| All other contributions, gifts, grants, and similar amounts not included above | $535,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,527,828 |
| 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 | $3,527,836 |
| 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. | $100,928 |
| Compensation of current officers, directors, key employees. | $28,287 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $269,751 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $164,460 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $315 |
| Fees for services: Accounting | $13,111 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,900 |
| Advertising and promotion | $0 |
| Office expenses | $20,419 |
| Information technology | $15,909 |
| Royalties | $0 |
| Occupancy | $285,870 |
| Travel | $874 |
| 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 | $5,765 |
| All other expenses | $0 |
| Total functional expenses | $3,387,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,334 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $323,966 |
| 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 | $32,177 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,950 |
| Total assets | $536,427 |
| Accounts payable and accrued expenses | $234,559 |
| 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 | $0 |
| Total liabilities | $234,559 |
| Net assets without donor restrictions | $77,365 |
| Net assets with donor restrictions | $224,503 |
| 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 | $536,427 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Region 10 Workford Board Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Centerpoint Energy Foundation Inc Houston, TX PURPOSE: SOUTHERN INDIANA WORKS APPRENTICESHIP PROGRAM | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Supporting Families Together Association Inc Madison, WI | $1,243,761 | $19,699,760 |
Family Development Services Inc Indianapolis, IN | $6,961,291 | $21,119,232 |
Indianapolis Private Industry Council Inc Indianapolis, IN | $7,195,768 | $15,248,899 |
Chicago Urban League Chicago, IL | $6,767,284 | $15,691,423 |
Cara Program Chicago, IL | $15,165,260 | $11,673,454 |
The Mission Continues Saint Louis, MO | $10,410,766 | $11,093,875 |
Comptia Tech Career Academy Downers Grove, IL | $2,728,852 | $5,424,881 |
United Workforce Development Board Inc Pekin, IL | $714,374 | $6,448,841 |
Northern Indiana Workforce Board Inc South Bend, IN | $1,518,783 | $6,187,359 |
Goodwill Manufacturing Inc Milwaukee, WI | $3,795,340 | $2,579,295 |
Tecumseh Area Partnership Inc Lafayette, IN | $657,901 | $5,842,061 |
Lee Initiative Inc Louisville, KY | $1,578,527 | $6,114,008 |