Madera County Workforce Investment Corporation
- Assets
- $726.4k
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 27
- Location
- Madera, CA
- Founding
- 08/2012
- Data as of
- 06/2022
- EIN
- 45-5243432
Organization Overview
Madera County Workforce Investment Corporation is located in Madera, CA. The organization was established in 2012. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. As of 06/2022, Madera County Workforce Investment Corporation employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madera County Workforce Investment Corporation 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, Madera County Workforce Investment Corporation generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) - THE WIOA ENACTED IN 2015 IS A FEDERAL ACT DESIGNED TO STRENGTHEN AND IMPROVE OUR NATION'S PUBLIC WORKFORCE SYSTEM AND HELP GET AMERICANS, INCLUDING YOUTH AND THOSE WITH SIGNIFICANT BARRIERS TO EMPLOYMENT, INTO HIGH-QUALITY JOBS AND CAREERS AND HELP EMPLOYERS HIRE AND RETAIN SKILLED WORKERS. THE WIOA REPLACES THE PREVIOUS WORKFORCE INVESTMENT ACT OF 1998.
MADERA COUNTY DEPARTMENT OF CORRECTIONS REALIGNMENT SERVICES AND JUVENILE PROBATION - CAREER DEVELOPMENT WORKSHOPS WILL BE PROVIDED TO IMPROVE THE VOCATIONAL APTITUDE OF OFFENDERS WHILE IN CUSTODY AND WHILE ON PROBATION TO INCREASE THE LIKELIHOOD OF THEIR SECURED EMPLOYMENT AND TO REDUCE RECIDIVISM.
LOCAL AJCC PROGRAM ASSIST INSTITUTIONALIZED RESIDENTS WITH EMPLOYMENT READINESS, SKILLS DEVELOPMENT, JOB TRAINING, AND EMPLOYMENT SERVICES. TWO CONTRACTORS SHALL WORK WITH INMATES NEARING PAROLE TO PROVIDE CONNECTIONS TO AN AJCC PROGRAM IN THEIR AREA OF RESIDENCE POST-RELEASE, LABOR MARKET DATA, REFERRALS TO APPROPRIATE COMMUNITY RESOURCES, AND SUPPORT THE DEVELOPMENT OF A BASIC JOB SEARCH PORTFOLIO, BASED ON NEEDS AND INTERESTS IDENTIFIED.
OTHER PROGRAM SERVICES INCLUDE THE WELLS FARGO FOUNDATION GRANTS, WHICH PROVIDED A DEDICATED HI-SET/GED CONTRACTED CLASS FOR PARTICIPANTS WHO NEEDED TO OBTAIN THEIR GED, IN ORDER FOR THEM TO BECOME EMPLOYED OR MOVE ONTO ADDITIONAL TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracie Scott-Contreras Secretary/executive Director | Officer | 40 | $117,717 |
Maiknue Vang Deputy Director | 40 | $100,940 | |
Jessica Roche Treasurer/controller | Officer | 40 | $97,823 |
Mattie Mendez Vice Chair | OfficerTrustee | 1 | $0 |
Debi Bray Chair | OfficerTrustee | 1 | $0 |
Roger Leach Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,949,469 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,508 |
| Noncash contributions included in lines 1a–1f | $428 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,969,977 |
| Total Program Service Revenue | $163,031 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,784 |
| 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 | $3,134,795 |
| 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. | $246,725 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,052,603 |
| Pension plan accruals and contributions | $57,964 |
| Other employee benefits | $120,352 |
| Payroll taxes | $108,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,507 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $900,549 |
| Advertising and promotion | $39,105 |
| Office expenses | $64,634 |
| Information technology | $59,384 |
| Royalties | $0 |
| Occupancy | $297,105 |
| Travel | $15,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,086 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,997 |
| Insurance | $6,948 |
| All other expenses | $0 |
| Total functional expenses | $3,074,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377,991 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $295,610 |
| Accounts receivable, net | $44,048 |
| 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 | $2,992 |
| Net Land, buildings, and equipment | $5,744 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $726,385 |
| Accounts payable and accrued expenses | $129,311 |
| 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 | $129,311 |
| Net assets without donor restrictions | $560,961 |
| Net assets with donor restrictions | $36,113 |
| 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 | $726,385 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madera County Workforce Investment Corporation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $23,923 |
| Net Contributions | $20,000 |
| Other Expense | $7,810 |
| Ending Balance | $36,113 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Vocational & Career Counseling Service San Francisco, CA | $12,064,926 | $14,852,016 |
Madera County Workforce Investment Corporation Madera, CA | $726,385 | $3,134,795 |
Valley Light Industries Inc Baldwin Park, CA | $1,301,265 | $2,443,452 |
Womens Audio Mission San Francisco, CA | $5,046,701 | $2,874,076 |
Klamath Works Inc Klamath Falls, OR | $444,074 | $927,297 |
Sex Workers Outreach Project Walnut, CA | $681,483 | $549,078 |
Upward-Unitingprofessionalwomen Acceleratingrelationships& Saratoga, CA | $149,813 | $405,555 |
Arizona Career Pathways Phoenix, AZ | $426,208 | $357,195 |
Coaching Fellowship San Rafael, CA | $351,711 | $345,140 |
Renaissance-Parents Of Success San Francisco, CA | $0 | $243,989 |
Project Include San Francisco, CA | $213,938 | $135,514 |
1team1dream Kelseyville, CA | $15,121 | $0 |