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The Skillsource Group Inc

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

EIN: 300129320 ✦ Vienna, VA ✦ Designated as a 501(c)(3)

Overview

What is The Skillsource Group Inc?

The Skillsource Group Inc, located in Vienna, Virginia, is a nonprofit organization dedicated to promoting employment opportunities. They offer free employment and training services under the Workforce Innovation and Opportunity Act (WIOA) for eligible individuals, such as adults, low-income adults, low-skilled workers, dislocated workers, and low-income youth facing employment barriers. In fiscal year 2023, 699 individuals were enrolled in their programs, 246 were placed in jobs, and 208 certifications were earned. The organization's mission is to enhance the employability of job-seekers and provide employers with access to qualified workers, aiming to create a competitive business and workforce region. Their impact on the community is substantial, as the benefits derived from their WIOA programs are estimated to be 5.6 times greater than the costs. With a workforce of 209 employees, The Skillsource Group Inc is actively contributing to the employment landscape in Virginia.


Official website here: www.vcwnorthern.com

Is The Skillsource Group Inc legitimate?

The Skillsource Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Skillsource Group 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: $254,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,172,362

For more financial information, click here


Official website here: www.vcwnorthern.com

What is the mission statement of The Skillsource Group Inc?

The Skillsource Group Inc's mission is centered around facilitating and enhancing the employability of job-seekers while providing employer access to a qualified workforce. They envision a competitive business and workforce region globally. The organization offers free employment and training services through the Workforce Innovation and Opportunity Act (WIOA) to eligible individuals, including adults, low-income adults, low-skilled workers, and dislocated workers. In the fiscal year 2023, 699 individuals were enrolled in WIOA programs, 246 were placed in jobs, and 208 certifications were earned. An independent return on investment report indicated that the benefits of WIOA programs were 5.6 times greater than the program costs, highlighting its effectiveness.


Official website here: www.vcwnorthern.com

Who is the CEO of The Skillsource Group Inc?

David A Hunn is the Chairman Of The Board of The Skillsource Group Inc. The CEO's salary of The Skillsource Group Inc is $209,865 and their total compensation is $247,055.


Official website here: www.vcwnorthern.com

What is the revenue of The Skillsource Group Inc?

The Skillsource Group Inc's revenue in 2023 was $7,550,496.


Official website here: www.vcwnorthern.com

Who are the executives of The Skillsource Group Inc and what are their salaries?

The average compensation at The Skillsource Group Inc during 2023 was $11,614. There are 209 employees and 16 volunteers at The Skillsource Group Inc.

Here are 18 key members and their salaries (The Skillsource Group Inc's CEO's salary is $209,865 and their total compensation is $247,055):

    David A Hunn (President & Ceo)
  • Compensation: $209,865
  • Related: $0
  • Other: $37,190

    • Seema Jain (Vice President Of Operations)
  • Compensation: $146,287
  • Related: $0
  • Other: $22,983

    • Christopher Riley (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Tate (Vice Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Trumbull (Director And Audit Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hector Velez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Bartolotta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Small (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Eshelman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josheph Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Harben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Hallheimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Rowley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cris Daniluk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Deal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roxana Mejia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vcwnorthern.com

    Where can I find the form 990 for The Skillsource Group Inc?

    The The Skillsource Group Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.vcwnorthern.com

    Learn more at the official website: www.vcwnorthern.com

    Mission Statement of The Skillsource Group Inc

    The Skillsource Group, a notable organization, is dedicated to facilitating and enhancing the employability of job-seekers while providing employers with access to a qualified workforce. Their mission envisions a vibrant business and workforce region that is globally competitive. In pursuit of this goal, The Skillsource Group strives to assist individuals seeking employment, as well as employers, in finding and qualifying for meaningful employment opportunities. They believe in the power of a skilled workforce to drive economic growth and prosperity.

    Under the Workforce Innovation and Opportunity Act (WIOA), The Skillsource Group offers free employment and training services to eligible individuals. These services are designed to assist adults aged 18 and older, low-income adults, low-skilled workers, dislocated workers, and low-income youth between the ages of 16 and 24 who face barriers to employment. In the fiscal year 2023, 699 individuals were enrolled in all WIOA programs, 246 were placed in jobs, and 208 certifications were earned. The organization's commitment to empowering individuals and fostering a skilled workforce was further highlighted by an independent return on investment report, which estimated that the benefits of WIOA programs were 5.6 times greater than the program costs.

    Impact

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




    Thursday, August 15, 2024

    The Skillsource Group Inc's impact is significant in facilitating and enhancing the employability of job-seekers and improving employer access to qualified workers. Through its Workforce Innovation and Opportunity Act (WIOA) programs, the organization provides free employment and training services to assist eligible individuals in finding and qualifying for meaningful employment. In the fiscal year 2023 alone, 699 individuals were enrolled in WIOA programs, with 246 being successfully placed into jobs and 208 earning certifications. An independent return on investment report estimated that the benefits of WIOA programs are 5.6 times greater than the program costs, underscoring the effectiveness of Skillsource Group Inc's initiatives. This translates to tangible outcomes in terms of job placements and skill development, ultimately contributing to a more employable workforce and a competitive business environment in the region.





    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 2023.

  • Investment Income: $2,099
  • Program Service Revenue: $589,632
  • Gross Receipts: $8,008,133

    • Assets and Liabilities:
  • Total Assets: $3,403,657
  • Total Liabilities: $2,816,865
  • Net Assets: $586,792
  • Programs

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

    SHARED SERVICES

    Revenue

    $410,215

    TICKET TO WORK

    Revenue

    $179,417

    Organization Details

    Founding Year

    2002

    Principal Officer

    David A Hunn

    Main Address

    8300 BOONE BOULEVARD 450, VIENNA, VA, 22182

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of The Skillsource Group Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.