Tri-County Workforce Investment Board Inc
- Assets
- $705.2k
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 18
- Location
- Butler, PA
- Founding
- 02/2001
- Data as of
- 06/2022
- EIN
- 25-1865354
Organization Overview
Tri-County Workforce Investment Board Inc is located in Butler, PA. 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, Tri-County Workforce Investment Board Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-County Workforce Investment 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 06/2022, Tri-County Workforce Investment Board Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $4.5m during the year ending 06/2022. While expenses have increased by 2.7% 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.
Since 2016, Tri-County Workforce Investment Board Inc has awarded 121 individual grants totaling $25,368,136. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOCAL WORKFORCE INVESTMENT SYSTEMS IN THE COUNTIES OF BUTLER, ARMSTRONG, AND INDIANA THAT INCREASE THE EMPLOYMENT, RETENTION, AND EARNINGS OF PARTICIPANTS, AND INCREASE OCCUPATIONAL ATTAINMENT OF PARTICIPANTS AS GOVERNED BY THE WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA).
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LOCAL WORKFORCE INVESTMENT SYSTEMS IN THE COUNTIES OF BUTLER, ARMSTRONG, AND INDIANA THAT INCREASE THE EMPLOYMENT, RETENTION, AND EARNINGS OF PARTICIPANTS, AND INCREASE OCCUPATIONAL ATTAINMENT OF PARTICIPANTS, AS GOVERNED BY THE WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Fornataro Executive Director (through August 2021) | Officer | 40 | $90,304 |
Mary Salony Executive Director (beginning August 2021) | Officer | 40 | $32,198 |
Philip Tack 1st Vice Chairman | OfficerTrustee | 1 | $0 |
Anna Hogg Chairman | OfficerTrustee | 1 | $0 |
Jack Nelson III 2nd Vice Chairman | OfficerTrustee | 1 | $0 |
Dr Brigette Matson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,281,436 |
| 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 | $4,281,436 |
| Total Program Service Revenue | $267,207 |
| 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 | $4,548,643 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,468,533 |
| 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. | $138,361 |
| Compensation of current officers, directors, key employees. | $34,590 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $701,297 |
| Pension plan accruals and contributions | $39,499 |
| Other employee benefits | $185,152 |
| Payroll taxes | $23,957 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,572 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $176,131 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,548,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $315,144 |
| Savings and temporary cash investments | $4,804 |
| Pledges and grants receivable | $338,673 |
| Accounts receivable, net | $13,321 |
| 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 | $33,216 |
| 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 | $705,158 |
| Accounts payable and accrued expenses | $343,804 |
| Grants payable | $64,009 |
| Deferred revenue | $297,345 |
| 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 | $705,158 |
| Net assets without donor restrictions | $0 |
| 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 | $705,158 |
Grants Awarded
Over the last fiscal year, Tri-County Workforce Investment Board Inc has awarded $2,357,938 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Butler, PA PURPOSE: TANF YOUTH, WIOA YOUTH, WIOA ADULT, DISLOCATED WORKER, AND REGIONAL GRANTS | $2,012,653 |
Pittsburgh, PA PURPOSE: ARC GRANT | $209,712 |
QUALITY LIFE SERVICES PURPOSE: INDUSTRY PARTNERSHIP GRANT, DISLOCATED WORKER | $35,200 |
BUTLER COUNTY COMMUNITY COLLEGE PURPOSE: YOUTH, INDUSTRY PARTNERSHIP GRANT, | $32,820 |
SLOAN BROTHERS COMPANY PURPOSE: DISLOCATED WORKER | $25,470 |
SINTERMET LLC PURPOSE: DISLOCATED WORKER | $14,310 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tri-County Workforce Investment Board Inc has recieved totaling $95,130.
| Awarding Organization | Amount |
|---|---|
West Central Job Partnership Sharon, PA PURPOSE: Placement of low income youth | $95,130 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Change Incorporated Weirton, WV | $10,912,278 | $21,367,906 |
Coalition On Homeless And Housing In Ohio Columbus, OH | $8,605,666 | $14,656,133 |
Lifestyles For The Disabled Inc Staten Island, NY | $5,937,706 | $11,027,240 |
Buffalo And Erie County Workforce Development Consortium Inc Buffalo, NY | $1,944,049 | $11,546,333 |
Impact Services Corp Philadelphia, PA | $10,268,783 | $12,440,470 |
Second Chance Inc Baltimore, MD | $22,971,247 | $13,264,528 |
Academy Of Management Inc Briarcliff Manor, NY | $56,747,597 | $15,919,073 |
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 |
Superior Direct Care Inc New York, NY | $54,824 | $8,386,212 |
Employment Horizons Inc Cedar Knolls, NJ | $9,191,770 | $9,232,944 |