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Puget Sound Oic Dba Puget Sound Training Center

Puget Sound Oic Dba Puget Sound Training Center

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

EIN: 912036279 ✦ Renton, WA ✦ Designated as a 501(c)(3)

Overview

What is Puget Sound Oic Dba Puget Sound Training Center?

Puget Sound Oic Dba Puget Sound Training Center is a nonprofit organization situated in Renton, Washington. Their primary mission is to assist low-income individuals in the Puget Sound Region by offering customized skills training and developing employment opportunities. They receive funding from the Office of Refugee and Immigrant Assistance and specialize in supporting newly arrived refugees and immigrants. Their services include career planning, comprehensive case management, cultural navigation, financial literacy, and sustainable job placement, aiming to help participants achieve and maintain employment for over 90 days. In fiscal year 2022, they successfully moved 99 individuals towards financial stability through culturally competent employment and customized job training. The organization employs a team of 7 individuals.


Official website here: www.pstrainingcenter.com

Is Puget Sound Oic Dba Puget Sound Training Center legitimate?

Puget Sound Oic Dba Puget Sound Training Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Puget Sound Oic Dba Puget Sound Training Center 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,373

For more financial information, click here


Official website here: www.pstrainingcenter.com

What is the mission statement of Puget Sound Oic Dba Puget Sound Training Center?

Puget Sound Training Center, operating under the name Puget Sound OIC, is committed to offering tailored skills training programs for individuals with limited income residing in the Puget Sound region. The primary objective is to not only equip these individuals with necessary skills but also to create employment opportunities for them. The Center's LEP Program, funded by the Office of Refugee and Immigrant Assistance, plays a significant role in this mission. This program provides comprehensive support, including career planning, financial literacy, job placement, and long-term job retention assistance, to newly arrived refugees and immigrants. In the fiscal year 2022, this program helped 99 individuals towards financial stability through culturally competent employment and customized job training, with 70% of them maintaining their employment for over 90 days.


Official website here: www.pstrainingcenter.com

Who is the CEO of Puget Sound Oic Dba Puget Sound Training Center?

Joseph P Drake is the Ceo of Puget Sound Oic Dba Puget Sound Training Center. The CEO's salary of Puget Sound Oic Dba Puget Sound Training Center is $71,973 and their total compensation is $71,973.


Official website here: www.pstrainingcenter.com

What is the revenue of Puget Sound Oic Dba Puget Sound Training Center?

Puget Sound Oic Dba Puget Sound Training Center's revenue in 2022 was $605,945.


Official website here: www.pstrainingcenter.com

Who are the executives of Puget Sound Oic Dba Puget Sound Training Center and what are their salaries?

The average compensation at Puget Sound Oic Dba Puget Sound Training Center during 2022 was $40,768. There are 7 employees and 4 volunteers at Puget Sound Oic Dba Puget Sound Training Center.

Here are 7 key members and their salaries (Puget Sound Oic Dba Puget Sound Training Center's CEO's salary is $71,973 and their total compensation is $71,973):

    Joseph P Drake (Ceo)
  • Compensation: $71,973
  • Related: $0
  • Other: $0

    • Lidia Escoto (Finance Manager)
  • Compensation: $13,825
  • Related: $0
  • Other: $0

    • Ron Newton (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samantha Nelson (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Gunter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Barber (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heidi Odom (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pstrainingcenter.com

    Where can I find the form 990 for Puget Sound Oic Dba Puget Sound Training Center?

    The Puget Sound Oic Dba Puget Sound Training Center’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pstrainingcenter.com

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

    Mission Statement of Puget Sound Oic Dba Puget Sound Training Center

    Puget Sound Training Center, also known as Puget Sound OIC, is a mission-driven organization dedicated to offering customized skills training opportunities for individuals from low-income backgrounds residing in the Puget Sound region. Its primary objective is to not only equip these individuals with necessary skills but also to create and facilitate employment opportunities for them.

    To achieve this mission, Puget Sound Training Center provides a comprehensive LEP Program, funded by the Office of Refugee and Immigrant Assistance. This program is specifically designed for newly arrived refugees and immigrants. It offers a range of supportive services, such as career planning, case management, cultural navigation, financial literacy, and job placement assistance. This holistic approach aims to ensure that participants not only secure sustainable employment but also maintain it for an extended period, with 70% of the participants retaining their jobs for over 90 days during fiscal year 2022.

    By offering tailored job training and employment opportunities, Puget Sound Training Center plays a vital role in helping low-income individuals in the Puget Sound region improve their financial stability and overall quality of life. The organization's commitment to providing culturally competent services ensures that it can effectively address the unique needs and challenges faced by its diverse clientele.

    Impact

    This information is meant to be a general summary of Puget Sound Oic Dba Puget Sound Training Center. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Puget Sound Training Center, operating under the name Puget Sound Oic, has had a significant impact on the low-income individuals in the Puget Sound Region. Through their customized skills training programs, they have helped individuals from diverse backgrounds, including newly arrived refugees and immigrants, move towards financial stability by providing career planning, comprehensive case management, cultural navigation, financial literacy, sustainable job placement, and long-term job retention support.

    In fiscal year 2022, Puget Sound Training Center assisted a total of 99 immigrants and refugees in securing employment and developing the necessary skills to maintain their jobs. Impressively, 70% of program participants were able to sustain employment for over 90 days, demonstrating the success of the center's approach in facilitating long-term job retention.

    By offering culturally competent employment services and tailored job training, Puget Sound Training Center has not only contributed to the economic empowerment of individuals in need but has also played a crucial role in strengthening the workforce in the region. This organization's commitment to providing opportunities for those facing economic challenges underscores its importance as a key player in promoting social and economic well-being in the Puget Sound area.





    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: $4,705
  • Gross Receipts: $605,945

    • Assets and Liabilities:
  • Total Assets: $305,482
  • Total Liabilities: $16,020
  • Net Assets: $289,462
  • Programs

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

    Private Pay Training

    Revenue

    $2,075

    Private contracts

    Revenue

    $2,630

    Organization Details

    Founding Year

    1999

    Principal Officer

    Joseph P Drake

    Main Address

    268-270 SW 43rd Street, Renton, WA, 98055

    NTEE Category

    Code: P84 - Human services

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