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New Workforce Directions Inc

Madison Strategies Group

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272323749 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

Overview

What is New Workforce Directions Inc?

New Workforce Directions Inc, headquartered in Tulsa, Oklahoma, is a dedicated nonprofit organization. Their primary mission is to empower underserved residents in the area by offering no-cost education, employment, and advancement opportunities. This is accomplished through various workforce development programs, such as Tulsa Community WorkAdvance, which combines technical training, placement services, and career coaching to help individuals rise out of poverty while meeting the needs of businesses in high-demand sectors. In response to the diverse workforce needs in Tulsa, New Workforce Directions has developed and launched several programs to serve targeted populations, including young adults, public housing residents, and individuals affected by COVID-19. Their initiatives have shown significant success, with over 1200 individuals benefiting from career readiness training, job placement, and advancement services in 2022, and over 220 securing new jobs, resulting in an average income increase of 25%. As the economy and workforce continue to evolve, New Workforce Directions remains committed to preparing individuals for the jobs of the future and technology-based careers.


Official website here: www.madisonstrategies.org

Is New Workforce Directions Inc legitimate?

New Workforce Directions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Workforce Directions Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $164,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,241,821

For more financial information, click here


Official website here: www.madisonstrategies.org

What is the mission statement of New Workforce Directions Inc?

New Workforce Directions Inc, as stated in its mission, is dedicated to enhancing and strengthening the job skills of individuals seeking employment. By investing in innovative solutions and forming partnerships, the organization aims to equip these job seekers with the ability to meet the demands of potential employers. This empowerment not only benefits the individuals but also helps the business partners and the broader community. The mission of New Workforce Directions Inc is to provide hope and opportunities for improvement, fostering a positive impact on all involved parties.


Official website here: www.madisonstrategies.org

Who is the CEO of New Workforce Directions Inc?

Karen Pennington is the Executive Director of New Workforce Directions Inc.


Official website here: www.madisonstrategies.org

What is the revenue of New Workforce Directions Inc?

New Workforce Directions Inc's revenue in 2022 was $3,807,256.


Official website here: www.madisonstrategies.org

Who are the executives of New Workforce Directions Inc and what are their salaries?

The average compensation at New Workforce Directions Inc during 2022 was $36,058. There are 39 employees and 12 volunteers at New Workforce Directions Inc.

Here are 13 key members and their salaries:

    Karen Pennington (Executive Director)
  • Compensation: $164,447
  • Related: $0
  • Other: $0

    • John Goldman (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Channing Stave (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terryln Smock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Nazemetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Smith Crofts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Price-Johnannsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Begitschke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Savoye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rocky Bright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Maness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Soloman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.madisonstrategies.org

    Where can I find the form 990 for New Workforce Directions Inc?

    The New Workforce Directions Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.madisonstrategies.org

    Learn more at the official website: www.madisonstrategies.org

    Mission Statement of New Workforce Directions Inc

    New Workforce Directions Inc, as stated in its mission, is dedicated to enhancing and fortifying the job skills of individuals seeking employment. The organization's primary goal is to empower these job seekers, enabling them to effectively meet the requirements of their potential employers. By investing in innovative solutions and fostering collaborative partnerships, New Workforce Directions Inc provides a sense of hope not only for the individuals they serve but also for their business partners and the larger community. The mission of New Workforce Directions Inc is to contribute to a strengthened workforce, ensuring that individuals possess the necessary skills to excel in their professional endeavors.

    Impact

    This information is meant to be a general summary of New Workforce Directions Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New Workforce Directions Inc's impact is significant in the Tulsa community, where it operates multiple workforce development programs that provide underserved residents with valuable education, employment, and advancement opportunities. By equipping job seekers with essential job skills and empowering them to meet the needs of employer partners, New Workforce Directions Inc is directly contributing to the greater financial security and economic self-sufficiency of individuals in the community. Through innovative programs like Tulsa Community WorkAdvance, which has been proven effective through national research, they are helping low-income individuals rise out of poverty while also catering to the demands of businesses in high-demand sectors.

    Moreover, New Workforce Directions Inc has launched targeted programs to serve vulnerable populations such as young adults, public housing residents, individuals in underserved areas, parents with young children, and those affected by COVID-19. By providing training, placement services, and career coaching, they are increasing economic mobility and establishing pipelines for individuals to access more advanced training programs.

    In 2022 alone, New Workforce Directions Inc served over 1200 individuals with various career readiness training, job placement, advanced training, and career advancement services, including financial coaching. Notably, over 220 of their customers secured new jobs that paid an average of 25% more in income after receiving training and services. As the economy and workforce continue to evolve, New Workforce Directions Inc remains focused on preparing individuals for future job markets and technology-based careers to ensure that the community has skilled workers ready for the changing demands of businesses.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $33,035
  • Gross Receipts: $3,807,256

    • Assets and Liabilities:
  • Total Assets: $5,115,810
  • Total Liabilities: $609,126
  • Net Assets: $4,506,684
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRAINING

    Revenue

    $33,035

    Organization Details

    Founding Year

    2011

    Principal Officer

    Karen Pennington

    Main Address

    907 S DETROIT AVENUE 210, TULSA, OK, 741204319

    NTEE Category

    Code: J20 - Employment

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