Greater Roanoke Workforce Development Board
- Assets
- $2.1m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 26
- Location
- Roanoke, VA
- Founding
- 03/2006
- Data as of
- 06/2024
- EIN
- 65-1163605
Organization Overview
Greater Roanoke Workforce Development Board is located in Roanoke, VA. The organization was established in 2006. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 06/2024, Greater Roanoke Workforce Development Board employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Roanoke Workforce Development Board 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 06/2024, Greater Roanoke Workforce Development Board generated $2.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $2.7m during the year ending 06/2024. While expenses have increased by 6.8% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTER WORKFORCE DEVELOPMENT AND TRAINING GRANTS FOR WORKFORCE AREA III OF VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CULTIVATE A DYNAMIC WORKFORCE DEVELOPMENT SYSTEM THAT STIMULATES ECONOMIC DEVELOPMENT IN THE CITIES OF COVINGTON, ROANOKE, AND SALEM AND THE COUNTIES OF ALLEGHANY, CRAIG, BOTETOURT, FRANKLIN, AND ROANOKE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Adkins Member | Officer | 0.25 | $0 |
Maiya Ashby Member | Officer | 0.25 | $0 |
Joeseph Brinley Member | Officer | 0.25 | $0 |
Ruth Caul Member | Officer | 0.25 | $0 |
Sonya Charlow Member | Officer | 0.25 | $0 |
Kimberly Dameron Member | Officer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,575,381 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,741,416 |
| Total Program Service Revenue | $0 |
| Investment income | $24,306 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$101,827 |
| 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 | $2,663,895 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,297,672 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,488 |
| Fees for services: Accounting | $19,921 |
| 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 | $0 |
| Information technology | $35,905 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,952 |
| 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 | $4,098 |
| All other expenses | $6,221 |
| Total functional expenses | $2,653,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,871,536 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $202,699 |
| Accounts receivable, net | $22,421 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,096,656 |
| Accounts payable and accrued expenses | $206,828 |
| 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 | $1,659,898 |
| Total liabilities | $1,866,726 |
| Net assets without donor restrictions | $212,090 |
| Net assets with donor restrictions | $17,840 |
| 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 | $2,096,656 |