Conxusneo
- Assets
- $543.8k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Akron, OH
- Founding
- 05/2005
- Data as of
- 06/2021
- EIN
- 34-2019627
Organization Overview
Conxusneo is located in Akron, OH. The organization was established in 2005. According to its NTEE Classification (J19) the organization is classified as: Support N.E.C., under the broad grouping of Employment and related organizations. As of 06/2021, Conxusneo employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conxusneo 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, Conxusneo generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $896.1k during the year ending 06/2021. While expenses have increased by 0.5% 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
CONXUSNEO BUILDS THE CAPACITY AND IMPROVES THE PERFORMANCE OF THE GREATER AKRON TALENT ECOSYSTEM BY PARTNERING WITH COMPANIES TO IDENTIFY THE SKILLS THEY NEED AND BY SUPPORTING THEM IN WORKING WITH EDUCATORS, WORKFORCE PROGRAMS, THE PUBLIC SECTOR, ECONOMIC AND COMMUNITY ORGANIZATIONS TO INNOVATE SOLUTIONS THAT FILL OPEN POSITIONS AND BUILD A TALENT PIPELINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FROM MARCH 2020-PRESENT, CONXUSNEO LAUNCHED RAISE: GOOD JOBS FOR GREATER AKRON AS A PILOT PROJECT. RAISE IS A COMMUNITY INITIATIVE TO HELP EMPLOYERS, EDUCATION/TRAINING ORGANIZATIONS, WORKFORCE PROGRAMS AND COMMUNITY-BASED ORGANIZATIONS GIVE RESIDENTS GREATER ACCESS TO GOOD JOBS, UPSKILLING OPPORTUNITIES AND WRAP AROUND SUPPORT. THE GOAL IS TO MOBILIZE UN/UNDEREMPLOYED RESIDENTS TO CONNECT WITH EMPLOYERS OR TRAINING PROGRAMS TO EXPEDITE THE UPSKILLING AND HIRING NECESSARY TO FILL OPEN, IN-DEMAND JOBS, MEETING THE EMPLOYERS SKILLED WORKFORCE NEEDS AND PROVIDING RESIDENTS WITH BETTER CAREER OPPORTUNITIES AND IMPROVING QUALITY OF LIFE. CONXUSNEO HAS CONVENED 3 INDUSTRY SECTOR PARTNERSHIPS TO MOBILIZE EMPLOYERS IN MANUFACTURING, HEALTHCARE AND TECHNOLOGY TO COLLABORATE WITH EACH OTHER, EDUCATION AND TRAINING PARTNERS AND COMMUNITY-BASED ORGANIZATIONS TO BUILD AND SUPPORT THE SKILLED WORKFORCE THEY NEED. THE GOAL IS TO CULTIVATE A HIGH-PERFORMING TALENT SUPPLY CHAIN BY BUILDING THE CAPACITY AND IMPROVING THE PERFORMANCE OF A RANGE OF ALIGNED STAKEHOLDERS WHO ARE PREPARING INDIVIDUALS WITH THE RIGHT SKILLS, REMOVING BARRIERS, CONNECTING QUALIFIED CANDIDATES TO EMPLOYERS, AND SUPPORTING EMPLOYERS TO UPSKILL INCUMBENT STAFF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Lacy President | OfficerTrustee | 40 | $157,026 |
Michelle Collins Vice President | OfficerTrustee | 40 | $112,340 |
Jennifer Stupica Director Of Mfg Engagement | OfficerTrustee | 40 | $110,309 |
Dave Sattler Board Member | OfficerTrustee | 1 | $0 |
Terri Johnson Board Member | OfficerTrustee | 1 | $0 |
Linda Wilkins Board Member | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $93,437 |
| All other contributions, gifts, grants, and similar amounts not included above | $988,853 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,082,290 |
| Total Program Service Revenue | $37,826 |
| Investment income | $35 |
| 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 | $1,120,151 |
| 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. | $379,675 |
| Compensation of current officers, directors, key employees. | $56,951 |
| Compensation to disqualified persons | $215,872 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,817 |
| Fees for services: Accounting | $36,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $57,615 |
| Office expenses | $8,652 |
| Information technology | $2,214 |
| Royalties | $0 |
| Occupancy | $38,521 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,836 |
| Interest | $26 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $122 |
| Insurance | $3,737 |
| All other expenses | $9,607 |
| Total functional expenses | $896,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $520,764 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,508 |
| 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 | $43 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $543,815 |
| Accounts payable and accrued expenses | $37,100 |
| 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 | $37,100 |
| Net assets without donor restrictions | $195,466 |
| Net assets with donor restrictions | $311,249 |
| 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 | $543,815 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Conxusneo has recieved totaling $490,000.
| Awarding Organization | Amount |
|---|---|
Fund For Our Economic Future Of Northeast Ohio Cleveland, OH PURPOSE: JOB PREPARATION | $395,000 |
United Way Of Summit And Medina Akron, OH PURPOSE: GRANT ALLOCATIONS | $75,000 |
Akron Community Foundation Akron, OH PURPOSE: TO SUPPORT A COHESIVE, DEMAND-DRIVEN WORKFORCE DEVELOPMENT SYSTEM FOR THE GREATER AKRON AREA | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mortar Cincinnati Cincinnati, OH | $3,608,845 | $2,146,436 |
Conxusneo Akron, OH | $543,815 | $1,120,151 |
Painters & Decorators Building Incorporated Cleveland, OH | $2,708,396 | $395,203 |
Urban Bridges Cleveland, OH | $330,100 | $422,399 |
Tyler County Development Authority Inc Sistersville, WV | $2,513,764 | $641,859 |
Sheet Metal Workers Wheeling District Building Corporation Wheeling, WV | $480,659 | $0 |
Local 1466 Ibew Building Corporatio Columbus, OH | $0 | $5 |
International Society For Fall Protection I S F P Miamisburg, OH | $65,030 | $0 |
Building Corporation Of The Iuoe Local 324 Stationary Engineers' Educatio Bloomfield Township, MI | $851,160 | $11,529 |
Robert And Christine Chiles Foundation Southgate, MI | $114,635 | $119,290 |
Veterans Resource Center Canton, MI | $5,513 | $0 |