CAPITAL WORKFORCE PARTNERS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CAPITAL WORKFORCE PARTNERS INC (EIN 06-1013293)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-02-05
IRS object ID
202440369349300619
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-02-05T16:26:37-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061648707PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FIONDELLA MILONE & LASARACINA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 WINDING BROOK DR STE 1AddressLine1Txt
CityGLASTONBURYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06033ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061013293EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPITAL WORKFORCE PARTNERS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCAPIBusinessNameControlTxt
Phone8605221111PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 UNION PLACE 3RD FLOORAddressLine1Txt
CityHARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALEX JOHNSONPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone8605221111PhoneNum
Signature2024-01-25SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALEXPersonFirstNm
Person LastJOHNSONPersonLastNm
FieldValueIRS element (for citing)
SSN888008888SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMBER D TUCKERPreparerPersonNm
PTINP01593305PTIN
Phone8606573651PhoneNum
Preparation2024-02-05PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALEX JOHNSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 UNION PLACE 3RD FLOORAddressLine1Txt
CityHARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$24,002,076GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CAPITALWORKFORCEPARTNERS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1979FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionCAPITAL WORKFORCE PARTNERS IS A REGIONAL WORKFORCE INVESTMENT BOARD SERVING 37 MUNICIPALITIES IN NORTH CENTRAL CONNECTICUT. THE BOARD COORDINATES COMPREHENSIVE PROGRAMS FOR JOB SEEKING & EMPLOYER, AND ITS MISSION IS TO LEVERAGE PUBLIC AND PRIVATE RESOURCES TO PRODUCE SKILLED WORKERS FOR A COMPETITIVE REGIONAL ECONOMY.ActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee48TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$22,563,228PYContributionsGrantsAmt
CY Contributions Grants$24,002,076CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$22,563,228PYTotalRevenueAmt
CY Total Revenue$24,002,076CYTotalRevenueAmt
PY Grants And Similar Paid$16,646,664PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$17,166,839CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,045,323PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,150,271CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,129,520PYOtherExpensesAmt
CY Other Expenses$2,464,459CYOtherExpensesAmt
PY Total Expenses$22,821,507PYTotalExpensesAmt
CY Total Expenses$23,781,569CYTotalExpensesAmt
PY Revenues Less Expenses-$258,279PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$220,507CYRevenuesLessExpensesAmt
Total Assets BOY$4,088,567TotalAssetsBOYAmt
Total Assets EOY$8,640,162TotalAssetsEOYAmt
Total Liabilities BOY$3,728,138TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,059,226TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$360,429NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$580,936NetAssetsOrFundBalancesEOYAmt
MissionA REGIONAL WORKFORCE INVESTMENT BOARD SERVING 37 MUNICIPALITIES IN NORTH CENTRAL CT. THE BOARD COORDINATES COMPREHENSIVE PROGRAMS FOR JOB SEEKING EMPLOYEES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$15,584,581ExpenseAmt
Grant$12,381,820GrantAmt
DescADULT SERVICES - CAPITAL WORKFORCE PARTNERS PROVIDES A HOST OF SERVICES FOR ADULT JOB SEEKERS. SERVICES ARE DELIVERED PRIMARILY AT SEVEN AMERICAN JOB CENTERS AND ONE JOB FUNNEL LOCATION. ALL LOCATIONS ARE IN THE NORTH CENTRAL REGION OF CONNECTICUT COVERING 37 CITIES & TOWNS. CWP ALSO WORKS CLOSELY WITH AREA EMPLOYERS AND VALIDATE AND SUPPORT A DATA DRIVEN LMI SYSTEM TO ENSURE CURRENT AND FUTURE WORKFORCE DEMANDS ARE BEING ADDRESSED. PROGRAMS RUN FROM THOSE SUPPORTED BY THE FEDERAL WORKFORCE INNOVATION AND OPPORTUNITY ACT. FEDERAL USDOL/ETA GRANTS AND STATE AND PHILANTHROPIC SUPPORTED ACTIVITIES WHICH WORK TO CLOSE THE MIDDLE SKILLS GAP IN OUR REGION AND PUT JOB SEEKERS ON A CAREER PATHWAY. IN FISCAL YEAR 2023, WAS 10,615 INDIVIDUALS WERE SERVED.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,313,197ExpenseAmt
Grant$4,785,019GrantAmt
DescYOUTH SERVICES - CAPITAL WORKFORCE PARTNERS ADMINISTERS PROGRAMS FOR OPPORTUNITY YOUTH, (YOUTH AGED 14-24 WHO ARE NOT CONNECTED TO SCHOOL OR EMPLOYMENT), UTILIZING A CAREER PATHWAY MODEL WHICH INCLUDES CAREER COMPETENCY AND OCCUPATIONAL SKILLS TRAINING, WORK BASED LEARNING AND INTERNSHIPS. FEDERAL WORKFORCE INNOVATION AND OPPORTUNITY ACT AND STATE AND PHILANTHROPIC FUNDING SUPPORTS THE REGION'S OPPORTUNITY YOUTH POPULATION THROUGH A VARIETY OF PROGRAMS INCLUDING YEAR-ROUND AND SUMMER YOUTH EMPLOYMENT AND LEARNING PROGRAM. IN FISCAL YEAR 2023, WAS 1,511 YOUTH WERE SERVED.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$21,897,778TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document116IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee48EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonALEX JOHNSONPersonNm
Phone8605221111PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 UNION PLACE 3RD FLOORAddressLine1Txt
CityHARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ALEX JOHNSON
PRESIDENT/CE40.00Yes (X)$244,659$0$38,248
KIMBERLY STALEY
CHIEF ADMIN40.00Yes (X)$166,695$0$20,401
JAMES BOUCHER
CHIEF STRAT40.00$142,385$0$29,537Yes (X)
JULIE WATSON
ACCOUNTABILI40.00$123,722$0$28,169Yes (X)
LAURA HITT
CONTROLLER40.00$122,889$0$11,205Yes (X)
RICHARD MCGEARY
CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
JENNIFER DIBELLA
VICE CHAIR0.50Yes (X)$0$0$0Yes (X)
FIONA MOHRING
VICE CHAIR0.50Yes (X)$0$0$0Yes (X)
PHILLIP MONTGOMERY
SECRETARY0.50Yes (X)$0$0$0Yes (X)
STEPHEN VAUGHAN
TREASURER0.50Yes (X)$0$0$0Yes (X)
TODD ANDREWS
MEMBER0.50$0$0$0Yes (X)
DAVID BEBER
MEMBER0.50$0$0$0Yes (X)
SHELDON BUSTOW
MEMBER0.50$0$0$0Yes (X)
KATIE DAGOSTINO
MEMBER0.50$0$0$0Yes (X)
CLODOMIRO FALCON
MEMBER0.50$0$0$0Yes (X)
LINDY LEE GOLD
MEMBER0.50$0$0$0Yes (X)
KEITH GRANT
MEMBER0.50$0$0$0Yes (X)
MATT HART
MEMBER0.50$0$0$0Yes (X)
DENIS HORRIGAN
MEMBER0.50$0$0$0Yes (X)
ANDREW KOMAROW
MEMBER0.50$0$0$0Yes (X)
SANDY MELLO
MEMBER0.50$0$0$0Yes (X)
TOM MONGELLOW
MEMBER0.50$0$0$0Yes (X)
FERNANDO MUNIZ
MEMBER0.50$0$0$0Yes (X)
JOHN NIMMONS
MEMBER0.50$0$0$0Yes (X)
TRACY NIXON-MOORE
MEMBER0.50$0$0$0Yes (X)
MELISSA OTIS
MEMBER0.50$0$0$0Yes (X)
MARCY REED
MEMBER0.50$0$0$0Yes (X)
JONATHAN RICHMOND
MEMBER0.50$0$0$0Yes (X)
URVASHI SHAH
MEMBER0.50$0$0$0Yes (X)
JOHN SIMONEAU
MEMBER0.50$0$0$0Yes (X)
ROB STEINMETZ
MEMBER0.50$0$0$0Yes (X)
VINNIE VALENTE
MEMBER0.50$0$0$0Yes (X)
SUSAN WHITE
MEMBER0.50$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$800,350TotalReportableCompFromOrgAmt
Total Other Compensation$127,560TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
NOVUS INSIGHT INC
222 PITKIN STEAST HARTFORDCT06108$394,228
ROBERT HALF RECRUITER EMPLOYEMENT
CITY PLACE I 185 ASYLUM STHARTFORDCT06103$113,741SUITE 2701 27TH FLOOR
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$21,360,547GovernmentGrantsAmt
All Other Contributions$2,641,529AllOtherContributionsAmt
Total Contributions$24,002,076TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,002,076TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$14,550,166TotalAmt
Program Services$14,550,166ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,616,673TotalAmt
Program Services$2,616,673ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$411,354TotalAmt
Management And General$411,354ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,832,112TotalAmt
Program Services$2,272,762ProgramServicesAmt
Management And General$559,350ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$906,805TotalAmt
Program Services$646,933ProgramServicesAmt
Management And General$259,872ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$593,261TotalAmt
Program Services$245,722ProgramServicesAmt
Management And General$347,539ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$32,127TotalAmt
Program Services$29,915ProgramServicesAmt
Management And General$2,212ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$492,887TotalAmt
Program Services$419,601ProgramServicesAmt
Management And General$73,286ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$811,128TotalAmt
Program Services$729,891ProgramServicesAmt
Management And General$81,237ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,644TotalAmt
Program Services$4,494ProgramServicesAmt
Management And General$2,150ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$110,785TotalAmt
Program Services$69,959ProgramServicesAmt
Management And General$40,826ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,837TotalAmt
Program Services$10,837ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$54,989TotalAmt
Program Services$28,205ProgramServicesAmt
Management And General$26,784ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
COMMUNICATIONS$191,091$142,547$48,544
SUPPLIES AND MATERIALS$128,443$113,421$15,022
MEMBERSHIPS$17,173$3,728$13,445
MISCELLANEOUS$8,268$6,239$2,029

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$6,826TotalAmt
Program Services$6,685ProgramServicesAmt
Management And General$141ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,781,569TotalAmt
Program Services$21,897,778ProgramServicesAmt
Management And General$1,883,791ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,760,795BOYAmt
EOY$4,808,243EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,213,869BOYAmt
EOY$1,870,725EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,457BOYAmt
EOY$128,958EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$85,255BOYAmt
EOY$112,367EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$891,506LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$873,530LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$17,191BOYAmt
EOY$17,976EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$1,701,893EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,088,567BOYAmt
EOY$8,640,162EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,477,382BOYAmt
EOY$4,783,335EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$525,883BOYAmt
EOY$1,245,329EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$724,873BOYAmt
EOY$2,030,562EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,728,138BOYAmt
EOY$8,059,226EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$61,840BOYAmt
EOY-$40,509EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$422,269BOYAmt
EOY$621,445EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$360,429BOYAmt
EOY$580,936EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,088,567BOYAmt
EOY$8,640,162EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$220,507ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,543,412CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,059,929CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$105,077,257CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,563,228CurrentTaxYearMinus1YearAmt
Current Tax Year$24,002,076CurrentTaxYearAmt
Total$193,245,902TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,543,412CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,059,929CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$105,077,257CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,563,228CurrentTaxYearMinus1YearAmt
Current Tax Year$24,002,076CurrentTaxYearAmt
Total$193,245,902TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$193,245,902PublicSupportTotal170Amt
Total Support$193,245,902TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$891,506OtherCostOrOtherBasisAmt
Depreciation$873,530DepreciationAmt
Book Value$17,976BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$17,976TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT OF USE ASSETSDesc
Book Value$1,701,893BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,701,893TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITIES$1,701,893
REFUNDABLE ADVANCE$328,669
FieldValueIRS element (for citing)
Total Liability$2,030,562TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$24,002,076TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$24,002,076RevenueSubtotalAmt
Total Revenue Per Form990$24,002,076TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,781,569TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$23,781,569ExpensesSubtotalAmt
Total Expenses Per Form990$23,781,569TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationMANAGEMENT OF THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AT JUNE 30, 2023 AND 2022, MANAGEMENT DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITION THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2019.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable (43 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDesc
ASNUNTUCK COMMUNITY COLLEGE
170 ELM STREETENFIELDCT06082061424839$108,114EMPLOYMENT TRAINING
ATLAS STAMPING & MANUFACTURING
729 N MOUNTAIN ROADNEWINGTONCT06111061219674$54,000EMPLOYMENT TRAINING
BLUE HILLS CIVIC ASSOCIATION
846 ASYLUM AVEHARTFORDCT06105060876558$950,025EMPLOYMENT TRAINING501 (C
BLUECASTLE IT SOLUTIONS LLC
615 WEST JOHNSON AVE STE 218CHESHIRECT06410825080599$7,345ADULT EMPLOYMENT TRA
BOYS AND GIRLS CLUBS OF HARTFORD
170 SIGOURNEY STHARTFORDCT06105066026005$5,984YOUTH EMPLOYMENT TRA501 (C
CAPITAL COMMUNITY COLLEGE
950 MAIN STREETHARTFORDCT06103301342540$125,125ADULT EMPLOYMENT TRA
CAREER RESOURCES INC
350 FAIRFIELD AVEBRIDGEPORTCT06604061427945$131,050ADULT EMPLOYMENT TRA
CENTER FOR LATINO PROGRESS
95 PARK STREET 2ND FLOORHARTFORDCT06106061385027$525,659YOUTH EMPLOYMENT TRA501 (C
CHRYSALIS CENTER INC
255 HOMESTEAD AVEHARTFORDCT061320613060986069$21,000ADULT EMPLOYMENT TRA501 (C
COMMUNITY PARTNERS IN ACTION
110 BARTHOLOMEW AVE SUITE 3010HARTFORDCT06106060646592$35,916ADULT EMPLOYMENT TRA501 (C
COMMUNITY RENEWAL TEAM
555 WINDSOR STREETHARTFORDCT06120060795640$156,915YOUTH EMPLOYMENT TRA501 (C
CAPITOL REGION EDUCATION COUNCIL (C
111 CHARTER OAK AVENUEHARTFORDCT06106060853106$261,805EMPLOYMENT TRAINING501 (C
CT STATE BUILDING TRADES TRAINING I
20 SARGEANT STREETHARTFORDCT06105874433919$11,100YOUTH EMPLOYMENT TRA501 (C
CT STATE CONFERENCE OF NAACP
755 MAIN STSUITE 105HARTFORDCT06012331031249$327,500EMPLOYMENT TRAINING501 (C
DCI RESOURCES LLC
PO BOX 9256NEW HAVENCT06533264793716$319,450EMPLOYMENT TRAINING
EASTERN CT WORKFORCE INVESTMENT BOA
108 NEW PARK AVEFRANKLINCT06254222595913$483,341EMPLOYMENT TRAINING501 (C
EDCO ENGINEERING INC
100 ROCKWELL RDNEWINGTONCT06111061122008$6,099EMPLOYMENT TRAINING
EDUCATIONAL DATA SYSTEMS INC
15300 NORTH COMMERCE DRIVESUITE 200DEARBORNMI48120382272565$6,573,930ADULT/YOUTH EMPLOYME
FORGE CITY WORKS
140 RUSS STREET STE N110HARTFORDCT06106261412551$75,048YOUTH EMPLOYMENT TRA501 (C
FRESH START PALLET PRODUCTION
46 WOODLAND STREETHARTFORDCT06105831335850$200,000EMPLOYMENT TRAINING501 (C
FRESH START TECHNICAL SCHOOL
82 BRITTANY FARMS ROADNEW BRITAINCT06053862496714$6,110EMPLOYMENT TRAINING
GOODWIN UNIVERSITY
1 RIVERSIDE DRIVEEAST HARTFORDCT06118061627882$59,207YOUTH EMPLOYMENT TRA501 (C
HARTFORD PUBLIC LIBRARY
500 MAIN STREETHARTFORDCT06103066026029$171,681YOUTH EMPLOYMENT TRA
HUMAN RESOURCES AGENCY OF NB
180 CLINTON STREETNEW BRITAINCT06053060954802$493,309YOUTH EMPLOYMENT TRA
JUNIOR ACHIEVEMENT OF
SOUTHWEST NEW ENGLAND INC70 FARMIHARTFORDCT06105060665972$37,500YOUTH EMPLOYMENT TRA501 (C
LEIPOLD INC
545 MARSHALL PHELPS RDWINDSORCT06095061506012$20,662EMPLOYMENT TRAINING
MANCHESTER COMMUNITY COLLEGE
GREAT PATH PO BOX 1046BUSINESS OFMANCHESTERCT060451046061269050$48,000EMPLOYMENT TRAINING
NEW ENGLAND AIRFOIL PRODUCTS
36 SPRING LANEFARMINGTONCT06032810765283$17,995EMPLOYMENT TRAINING
NEW ENGLAND TRACTOR TRAILER SCHOOL
32 FIELD ROADSOMERSCT06071060804020$105,708EMPLOYMENT TRAINING
NORTHWEST REGIONAL WORKFORCE
249 THOMASTON AVENUEWATERBURYCT06702061623757$248,150EMPLOYMENT TRAINING501 (C
OIC NEW BRITAIN INC
114 NORTH STREET ST ANN SCHOOLNEW BRITAINCT06051060876897$457,377YOUTH EMPLOYMENT TRA
OUR PIECE OF THE PIE (OPP)
427 FRANKLIN AVENUEHARTFORDCT06114060939659$1,126,060YOUTH EMPLOYMENT TRA501 (C
SAFETY ASPECTS LLC
8 OVERHILL RDELLINGTONCT06029844455764$20,200EMPLOYMENT TRAINING
SOUTHINGTON TOOL & MANUFACTURING CO
300 ATWATER STREETPLANTSVILLECT06473060923778$15,700EMPLOYMENT TRAINING
THE WALKER GROUP
20 WATERSIDE DRIVEFARMINGTONCT06032$10,000EMPLOYMENT TRAINING
THE WORKPLACE INC
350 FAIRFIELD AVENUEBRIDGEPORTCT06604222484517$156,927EMPLOYMENT TRAINING501 (C
TOWN OF BLOOMFIELD
330 PARK AVENUEBLOOMFIELDCT06002066001962$50,799YOUTH EMPLOYMENT TRA
TOWN OF EAST HARTFORD
740 MAIN ST 1ST FLEAST HARTFORDCT06108223006836$130,398YOUTH EMPLOYMENT TRA
TOWN OF MANCHESTER
479 MAIN STMANCHESTERCT06040066002029$93,548YOUTH EMPLOYMENT TRA
TOWN OF VERNON
VERNON YOUTH SERVICES 9 ELM STVERNONCT06066066002112$32,958YOUTH EMPLOYMENT TRA
TUNXIS COMMUNITY COLLEGE
271 SCOTT SWAMP ROADFARMINGTONCT060323187237099816$64,641EMPLOYMENT TRAINING
WHITCRAFT LLC
76 COUNTY ROADEASTFORDCT06242843847717$30,000EMPLOYMENT TRAINING
WORKFORCE ALLIANCE
560 ELLA GRASSO BOULEVARDNEW HAVENCT06519061090440$504,686EMPLOYMENT TRAINING501 (C

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
TUITION486$2,489,447
GOV & PRIVATE FOUNDATIONS137$40,770
GOV & PRIVATE FOUNDATIONS130$86,456

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationCAPITAL WORKFORCE PARTNERS (CWP) CONDUCTS PERIODIC REVIEW OF ADMINISTRATIVE, PROGRAM AND FINANCIAL ACTIVITIES OF CONTRACTED SERVICE PROVIDERS, INCLUDING DESK REVIEWS AND ON SITE MONITORING VISITS. THE PURPOSE OF THE MONITORING PROCESS IS TO ENSURE COMPLIANCE WITH THE CONTRACT AND APPLICABLE LAW, REGULATIONS AND POLICY, MAINTAIN PROGRAM INTEGRITY, IMPROVE THE QUALITY OF SERVICES, RECOGNIZE AND SHARE BEST PRACTICES, PROVIDE TECHNICAL ASSISTANCE AS NEEDED AND FULFILL CWP'S OVERSIGHT RESPONSIBILITIES IN ACCORDANCE WITH SECTION 683.410 OF THE WORKFORCE INVSTMENT OPPORTUNITY ACT (WIOA) AND 2 CFR 200.331(D). REQUIRING PASS THROUGH ENTITIES TO MONITOR THE ACTIVITIES OF SUBRECIPIENTS TO ENSURE THAT THE SUBAWARD IS USED FOR AUTHORIZED PURPOSES, IN COMPLIANCE WITH FEDERAL STATUTES, REGULATIONS, AND THE TERMS AND CONDITIONS OF THE SUBAWARD. ADDITIONALLY, THE RESULTS OF SUBRECIPIENT MONITORING ALONG WITH THEIR OVERALL COMPLIANCE ARE CONSIDERED DURING THE PROCUREMENT PROCESS WHEN AWARDING AND RENEWING SUBRECIPIENT CONTRACTS. CONTRACT MONITORING INCLUDES A REVIEW OF THE SUBRECIPIENT'S COMPLIANCE WITH BOTH PROGRAM AND FINANCIAL CONTRACT REQUIREMENTS. MONITORING IS OVERSEEN BY THE CWP CHIEF ADMINISTRATIVE OFFICER (CAO). PROGRAM MONITORING IS CONDUCTED BY THE CWP STAFF, AND FISCAL MONITORING IS CONTRACTED TO A CPA FIRM. SUBRECIPIENTS ARE MONITORED ANNUALLY. THE SCOPE OF THE MONITORING PROCESS IS DETERMINED BASED ON THE SIZE AND SCOPE OF THE CONTRACT, AND RANGES THROUGH DESK REVIEW TO MULTIPLE ON-SITE VISITS TO EXAMINE FILES, TO REVIEW INTERNAL CONTROLS, AND TO INTERVIEW STAFF AND PROGRAM PARTICIPANTS. A FORMAL MONITORING REPORT IS ISSUED TO THE SUBRECIPIENT WHEN THE REPORT CONTAINS FINDINGS, CORRECTIVE ACTION IS REQUESTED. CORRECTIVE ACTION PLANS ARE ACCEPTED WHEN DEEMED SUFFICIENT UPON REVIEW BY THE OMNITORING TEAM AND/OR CAO. WHEN CORRECTIVE ACTION IS DEEMED INSUFFICIENT, CWP PROVIDES TECHNICAL ASSISTANCE AND REQUESTS EXPANDED CORRECTIVE ACTION UNTIL REQUIREMENTS ARE MET. CORRECTIVE ACTION IS VERIFIED THROUGH DESK REVIEW OF DOCUMENTATION AND/OR THROUGH SUBSEQUENT MONITORING VISITS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
ALEX JOHNSON
PRESIDENT/CEO$244,659$13,444$24,804$282,907
KIMBERLY STALEY
CHIEF ADMIN OFFICER$166,695$9,453$10,948$187,096
JAMES BOUCHER
CHIEF STRAT OFFICER$142,385$9,392$20,145$171,922
JULIE WATSON
ACCOUNTABILITY ADMIN$123,722$8,064$20,105$151,891

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BCAPITAL WORKFORCE PARTNERS HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE FINANCE AND AUDIT COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, AN ELECTRONIC COPY OF THE FORM 990 IS DISTRIBUTED TO THE BOARD FOR REVIEW AND COMMENT PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CTHE BOARD SHALL COMPLY WITH THE REQUIREMENTS OF THE CONNECTICUT REVISED NONSTOCK CORPORATION ACT, ANY AND ALL CONNECTICUT DEPARTMENT OF LABOR CONFLICT OF INTEREST POLICIES AND THOSE RESTRICTIONS AS TO CONFLICT OF INTEREST AS ESTABLISHED IN SECTION 107(H) (1&2) OF WIOA, WHICH SPECIFICALLY STATE THAT BOARD OF DIRECTORS MEMBERS MAY NOT: (1) VOTE ON A MATTER UNDER CONSIDERATION BY THE LOCAL WORKFORCE DEVELOPMENT BOARD REGARDING THE PROVISION OF SERVICES BY SUCH MEMBER (OR BY AN ENTITY THAT SUCH MEMBER REPRESENTS) OR THAT WOULD PROVIDE DIRECT FINANCIAL BENEFIT TO SUCH MEMBER OR THE IMMEDIATE FAMILY OF SUCH MEMBER? OR (2) ENGAGE IN ANY OTHER ACTIVITY DETERMINED BY THE GOVERNOR TO CONSTITUTE A CONFLICT OF INTEREST AS SPECIFIED IN THE STATE PLAN. NOTWITHSTANDING THE FOREGOING, ANY DIRECTOR WHO HAS A CONFLICTING INTEREST WITH ANY TRANSACTION EFFECTED OR PROPOSED TO BE EFFECTED BY THE ORGANIZATION SHALL, IN ADDITION TO COMPLYING WITH THE REQUIREMENTS DELINEATED ABOVE, RECUSE HIMSELF/HERSELF FROM AND PLAY NO PART, DIRECTLY OR INDIRECTLY, IN ANY DISCUSSION, DELIBERATIONS OR VOTE ON SUCH PROPOSED CORPORATE TRANSACTION. THE BOARD OF DIRECTORS RETAINS THE AUTHORITY TO DETERMINE IF A DIRECTOR HAS AN INTEREST RESPECTING A TRANSACTION EFFECTED OR PROPOSED TO BE EFFECTED BY THE CORPORATION, WHICH IS A CONFLICTING INTEREST. ON AN ANNUAL BASIS, THE GOVERNANCE COMMITTEE IS REQUIRED TO REVIEW AND DISCLOSE ANY COI AND SIGN THE COI POLICY AS SET FORTH BY CAPITAL WORKFORCE PARTNERS. ON A QUARTERLY BASIS AT BOARD MEETINGS, THE CHAIR OF THE BOARD REMINDS THE MEMBERS OF THE POLICY AND THAT IF ANY CIRCUMSTANCES HAVE CHANGED FOR ANY REGARDING THE POLICY, THAT THEY SHOULD CONTACT THE CHAIR AND DISCLOSE THE CONFLICT.
FORM 990, PAGE 6, PART VI, LINE 15ATHE ORGANIZATION OBTAINS ANNUAL COMPENSATION SURVEYS FROM VARIOUS NONPROFIT ORGANIZATIONS AND USES THESE TO ENSURE THAT THE ORGANIZATION'S EXECUTIVE COMPENSATION PLAN COMPARES FAVORABLY WITH SIMILAR ORGANIZATIONS OF THE SAME SIZE AND MISSION. PERIODICALLY, THE ORGANIZATION ENGAGES THE SERVICES OF A COMPENSATION CONSULTANT TO DETERMINE WHETHER OUR SALARY STRUCTURE FAIRLY AND EQUITABLY COMPENSATES ALL EMPLOYEES AND COMPLIES WITH FLSA. FURTHER, EXECUTIVE COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THIS PROCESS WAS LAST CONDUCTED DURING THE 2022-2023 FISCAL YEAR AND IS DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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