Workforce Development Board of Herkimer

Employment organization based in Utica, NY. 97 employees. Exempt under §501(c)(3).

MissionTHE HERKIMER, MADISON & ONEIDA COUNTY WORKFORCE DEVELOPMENT BOARD WILL PROMOTE THE INVOLVEMENT OF THE BUSINESS COMMUNITY IN EMPLOYMENT AND TRAINING ACTIVITIES, WORKFORCE DEVELOPMENT AND INVESTMENT ACTIVITIES, AND ECONOMIC DEVELOPMENT ACTIVITIES; WILL PROVIDE POLICY GUIDANCE,

EIN
16-1140488
State
NY
Sector
Employment
Budget band
$5M–$10M
Latest filing
TY 2023
Records
2 officers · 5 years

Financial snapshot · TY 2023

$5.7M
Total revenue
$5.6M
Total expenses
$3.7M
Net assets

Financial health · TY 2023

53
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
18
3.2 months of expenses
Program efficiency
100
90.5% spent on programs
Revenue diversity
29
Mix of program fees, grants & contributions

Leadership compensation

Alice Savino
EXECUTIVE DIRECTOR
$209,281
82th percentile vs. peers
Adam Wiehl
CHIEF FINANCIAL OFFICER
$108,611
40th percentile vs. peers

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Workforce Development Board of Herkimer Executive Compensation | 990 Data | DoubleNine