Virginia Ready Initiative

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

EIN: 851103573 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

Overview

What is Virginia Ready Initiative?

Virginia Ready Initiative, abbreviated as VA Ready, is a nonprofit organization based in Alexandria, Virginia. Established in 2020, its primary mission is to swiftly equip Virginians with necessary skills for in-demand jobs in high-growth industries. By providing credentials in these sectors, the initiative aims to help individuals find career paths that offer financial stability and fulfillment. In its second fiscal year, VA Ready has made significant strides, impacting many lives and promising further progress in the coming months. The organization, with a team of 14 employees, is dedicated to making a positive change in Virginia's workforce and community.


Official website here: www.vaready.org

Is Virginia Ready Initiative legitimate?

Virginia Ready Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Ready Initiative 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: $151,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $612,205

For more financial information, click here


Official website here: www.vaready.org

What is the mission statement of Virginia Ready Initiative?

The Virginia Ready Initiative's mission is focused on rapidly reskilling individuals for in-demand jobs in high-growth industries. By offering credential support, the initiative aims to provide Scholars with career pathways that are not only family-sustaining but also fulfilling. The initiative has made significant strides in a short time, and its mission continues to drive change and improvement in Virginia's workforce. Although the information provided mentions the beginning of the initiative in response to pandemic-related job losses, it has since expanded its scope beyond that initial purpose.


Official website here: www.vaready.org

Who is the CEO of Virginia Ready Initiative?

Natalie Foster is the Chief Executive Officer Left of Virginia Ready Initiative. The CEO's salary of Virginia Ready Initiative is $124,049 and their total compensation is $131,261.


Official website here: www.vaready.org

What is the revenue of Virginia Ready Initiative?

Virginia Ready Initiative's revenue in 2022 was $1,469,381.


Official website here: www.vaready.org

Who are the executives of Virginia Ready Initiative and what are their salaries?

The average compensation at Virginia Ready Initiative during 2022 was $54,567. There are 14 employees and 45 volunteers at Virginia Ready Initiative.

Here are 9 key members and their salaries (Virginia Ready Initiative's CEO's salary is $124,049 and their total compensation is $131,261):

    Caren Merrick (Chief Executive Officer Left)
  • Compensation: $124,049
  • Related: $0
  • Other: $7,212

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

    • Becky Sawyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Tamburri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Ohara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Macinerney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loretta A Penn (Chair Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne S Youngkin (Secretary-Treasurer Left 12) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Foster (Executive Director Eff 113)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vaready.org

    Where can I find the form 990 for Virginia Ready Initiative?

    The Virginia Ready Initiative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.vaready.org

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

    Mission Statement of Virginia Ready Initiative

    Virginia Ready, an initiative aimed at rapid reskilling, seeks to empower Virginians by providing them with necessary credentials in high-growth industries. The primary objective of Virginia Ready is to help individuals discover career pathways that are both financially sustaining and personally fulfilling in these in-demand sectors. By supporting this mission, Virginia Ready aims to create a significant impact in a short span of time, ultimately contributing to overall improvement in Virginia. Despite its relatively recent inception, Virginia Ready has demonstrated its commitment to fostering change and bettering the lives of Virginians.

    Impact

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




    Saturday, July 20, 2024

    Virginia Ready Initiative has had a significant impact in rapidly reskilling Virginians for in-demand jobs by supporting credentials in high-growth industries. This initiative has provided individuals with the opportunity to find career pathways that are family-sustaining and fulfilling. By partnering with various stakeholders and supporters, Virginia Ready has successfully helped Virginians re-enter the workforce following unprecedented job losses at the start of the pandemic. The impact of Virginia Ready goes beyond just addressing immediate challenges; it is actively creating positive change in Virginia's employment landscape for the better.





    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: $98,480
  • Program Service Revenue: $0
  • Gross Receipts: $4,570,924

    • Assets and Liabilities:
  • Total Assets: $7,826,033
  • Total Liabilities: $248,040
  • Net Assets: $7,577,993
  • Organization Details

    Founding Year

    2020

    Principal Officer

    Natalie Foster

    Main Address

    107 S West Street STE 135, Alexandria, VA, 22314

    NTEE Category

    Code: J20 - Employment

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