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Careerworks Inc

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

EIN: 822896556 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is Careerworks Inc?

Careerworks Inc is a nonprofit organization based in Seattle, Washington, dedicated to bridging the gap between underprivileged young adults and stable, long-term careers. They achieve this by offering free industry-specific training programs, partnering with local organizations, and establishing partnerships with employers for job placement. Their mission is to promote equitable economic opportunities, creating an environment where everyone can achieve career growth and financial stability. Careerworks Inc currently provides two industry-specific programs (banking and non-clinical healthcare) and one general job readiness program, all at no cost to participants. With a 75% placement rate, their model is effective, efficient, and scalable, ensuring young adults from disadvantaged backgrounds gain the necessary skills and resources to secure entry-level jobs with growth potential.


Is Careerworks Inc legitimate?

Careerworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Careerworks 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: $384,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $548,047

For more financial information, click here


What is the mission statement of Careerworks Inc?
Who is the CEO of Careerworks Inc?
What is the revenue of Careerworks Inc?
Who are the executives of Careerworks Inc and what are their salaries?
Where can I find the form 990 for Careerworks Inc?

Mission Statement of Careerworks Inc

Careerworks Inc, a nonprofit organization, is dedicated to connecting young adults from underprivileged communities to long-term, stable careers. They achieve this goal by providing free training and fostering supportive partnerships that promote equitable economic stability. The corporation's mission is to create an environment where everyone has the opportunity to secure meaningful careers, financial stability, and thriving communities.

Careerworks Inc offers two industry-specific training programs, one in banking and the other in non-clinical healthcare, allowing participants to acquire the necessary skills for success and direct access to employers seeking to hire. The nonprofit collaborates with experienced workforce development and nonprofit organizations across the nation to operate these programs, providing curricula, learning management software, and financial support. Careerworks Inc leverages its community ties to recruit and support participants, ensuring they have a direct connection to employers. The nonprofit also works closely with employers, offering philanthropic support and commitments to interview and hire program graduates, which results in a high placement rate of 75%.

In summary, Careerworks Inc is a nonprofit organization that connects young adults from underprivileged communities to stable careers through free training and supportive partnerships. They work with industry-specific and job-readiness programs, offering their proprietary curricula, learning management software, and ongoing support to training partners. Careerworks Inc partners with employers to secure interview opportunities and job placements for program graduates, ensuring their programs lead to economic stability for participants and their families.

Impact

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




Saturday, July 20, 2024

Careerworks Inc's impact is profound, as it directly connects young adults from under-resourced communities to lasting, stable careers through free training. By providing industry-specific programs and cultivating partnerships with employers, Careerworks Inc enables participants to acquire the skills needed to succeed in the workforce and secures job placements with a notable 75% placement rate. Through its innovative and scalable model, Careerworks Inc not only empowers individuals to achieve economic stability but also contributes to building thriving and equitable communities.





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: $-2,166
  • Program Service Revenue: $0
  • Gross Receipts: $3,052,715

    • Assets and Liabilities:
  • Total Assets: $628,664
  • Total Liabilities: $83,363
  • Net Assets: $545,301
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Les Biller

    Main Address

    601 UNION STREET SUITE 3030, SEATTLE, WA, 98101

    NTEE Category

    Code: B60 - Education

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