2024-05-14T15:13:32-05:00 2023-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2022-07-01 812807502 SKILLS FOR RHODE ISLAND'S FUTURE SKIL 4016805960 30 EXCHANGE TERRACE 1ST FLOOR PROVIDENCE RI 02903 NINA PANDE EXECUTIVE DIRECTOR 4016805960 2024-05-14 1 NINA PANDE 999009999 0 PATRICK J MARTIN P00283486 4012742001 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NINA PANDE 30 EXCHANGE TERRACE 1ST FLOOR PROVIDENCE RI 02903 9181340 0 X WWW.SKILLSFORRI.COM X 2016 RI TO CREATE DEMAND-DRIVEN SOLUTIONS FOR EMPLOYERS TO GET UNEMPLOYED AND UNDEREMPLOYED RHODE ISLANDERS BACK TO WORK. 14 11 344 195 0 0 15704061 9120231 40077 61020 219 89 0 0 15744357 9181340 20000 0 0 0 6690087 6759236 0 0 0 9007307 2393717 15717394 9152953 26963 28387 1910054 2454695 1027988 1544242 882066 910453 X TO UNITE THE STATE OF RHODE ISLAND BUSINESSES, WORKFORCE, DEVELOPMENT PARTNERS, AND EDUCATIONAL INSTITUTIONS AROUND A SHARED GOAL OF MAKING THE STATE OF RHODE ISLAND THE MOST ATTRACTIVE LOCATION IN THE NATION FOR EMPLOYERS SEEKING SKILLED LABOR TO DRIVE THEIR BUSINESS GROWTH. THE CORPORATION WORKS TO CLOSE THE SKILLS GAP BETWEEN CURRENT AND ANTICIPATED BUSINESS HIRING NEEDS AND THE SKILLS OF THE AVAILABLE WORKFORCE. 0 0 6120873 61020 SKILLS FOR RHODE ISLAND'S FUTURE IS A WORKFORCE INTERMEDIARY THAT OFFERS JOB PLACEMENT AND JOB TRAINING SERVICES TO RI JOB SEEKERS WHO ARE UNEMPLOYED OR UNDEREMPLOYED AS PER THE DEFINITION OF THE UNITED STATES DEPARTMENT OF LABOR. AS PART OF OUR JOB PLACEMENT AND TRAINING SERVICES, SKILLS FOR RHODE ISLAND'S FUTURE PROVIDES JOB COACHING, RESUME BUILDING, INTERVIEW SKILLS AND JOB PLACEMENT MATCHING SERVICES. SKILLS FOR RHODE ISLAND'S FUTURE ALSO ACTS AS AN INTERMEDIARY BETWEEN JOB SEEKERS AND EMPLOYERS TO ENSURE THAT JOB SEEKERS ARE PROVIDED A FAIR AND EQUITABLE OPPORTUNITY TO GAIN EMPLOYMENT. 1435277 PREPARE RI INTERNSHIP PROGRAM IS A WORKBASED-LEARNING INTERNSHIP PROGRAM DESIGNED TO PROVIDE HIGH SCHOOL STUDENTS WITH REAL WORLD EXPERIENCE DURING THE SCHOOL YEAR AND OUT OF SCHOOL TIME (I.E., SUMMER VACATION). 681507 TEMP STAFFING: FUNDED BY THE USDOL, SKILLSRI SERVES AS THE EMPLOYER OF RECORDS AND IS CONTRACTED TO PROVIDE UPTO 250 TEMPORARY WORKERS WHO ARE DEPLOYED TO HELP WITH THE RESPONSE AND RECOVERY EFFORTS OF THE COVID-19 PANDEMIC. 8237657 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 2 0 344 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X NINA PANDE EXECUTIVE DIRECTOR 4012636143 30 EXCHANGE TERRACE 1ST FLOOR PROVIDENCE RI 02903 JEFFREY LACKEY CHAIRPERSON 2.00 X X 0 0 0 CINDY M ERICKSON VICE PRESIDENT 2.00 X X 0 0 0 PATRICIA THOMPSON TREASURER 2.00 X X 0 0 0 RONALD ARIGO DIRECTOR 1.00 X 0 0 0 JOHN SINNOTT DIRECTOR 2.00 X 0 0 0 MARIE TRZUPEK LYNCH DIRECTOR 2.00 X 0 0 0 LAURIE WHITE DIRECTOR 1.00 X 0 0 0 VERA TYAGI DIRECTOR 1.00 X 0 0 0 JENNIFER GIROUX DIRECTOR 1.00 X 0 0 0 AMANDA BAILEY DIRECTOR 1.00 X 0 0 0 SHANNON BROADBENT DIRECTOR 1.00 X 0 0 0 IMARIS VIERA VAZQUEZ DIRECTOR (AS OF 04/ 23) 1.00 X 0 0 0 BRIAN HOWARD DIRECTOR (AS OF 11/ 22) 1.00 X 0 0 0 DENNIS BERGER DIRECTOR (AS OF 02/22) 1.00 X 0 0 0 NINA PANDE EXECUTIVE DIRECTOR 40.00 X 203974 0 24608 THOMAS STREICHER VP OF CLIENT & CAREER SERVICES 40.00 X 158100 0 25142 MELBA DEPENA AFFIGNE VP OF ECONOMIC DEVELOPMENT 40.00 X 118467 0 7108 OLIVER ABREU VP OF FINANCE & HR 40.00 X 139740 0 15999 SHAWN SULLIVAN SR. DIRECTOR OF CLIENT & CAREER SERVICES 40.00 X 127500 0 21316 MISHRI SHAH SR. DIRECTOR OF STRATEGY & DEVELOPMENT 40.00 X 102725 0 13821 850506 0 107994 6 0 1 0 0 8761941 358290 9120231 CONTRACT REVENUE 900099 61020 61020 61020 89 89 9181340 61020 0 89 237529 213776 23753 5367321 4830588 536733 126604 113944 12660 501940 451746 50194 525842 473258 52584 2996 2696 300 46766 42089 4677 288708 259837 28871 191503 172353 19150 248496 223646 24850 316795 285116 31679 139443 125498 13945 11704 10534 1170 73657 66292 7365 73163 65847 7316 PROGRAM EXPENSES 917980 826182 91798 STAFF TRAINING 82217 73995 8222 MISCELLANEOUS EXPENSE 289 260 29 9152953 8237657 915296 0 1160824 293331 305207 1667780 21269 51097 680199 237712 422754 442487 1910054 2454695 130444 632902 897544 911340 1027988 1544242 X 882066 910453 882066 910453 1910054 2454695 28387 0 X 0 1 X 1 1 1 X 3446646 5923428 11116124 15704061 9120231 45310490 3446646 5923428 11116124 15704061 9120231 45310490 45310490 172 641 219 89 1121 45311611 270834 1.00000 0.99870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6217 5492 725 395826 185846 209980 278156 46374 231782 442487 X 9181340 0 9181340 0 9181340 9152953 0 9152953 0 9152953 PART X, LINE 2: THE ORGANIZATION IS A PUBLIC CHARITY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVEL. THE ORGANIZATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAX AUTHORITIES GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY ARE FILED. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH REVENUE X X X 0 0 0 0 0 0 0 0 0 NINA PANDE EXECUTIVE DIRECTOR 203974 0 0 0 0 0 6119 0 18489 0 228582 0 0 0 THOMAS STREICHER VP OF CLIENT & CAREER SERVICES 158100 0 0 0 0 0 4743 0 20399 0 183242 0 0 0 OLIVER ABREU VP OF FINANCE & HR 139740 0 0 0 0 0 4192 0 11807 0 155739 0 0 0 LAURIE WHITE DIRECTOR 137998 LEASE OF OFFICE SPACE; LAURIE IS THE DIRECTOR AT GREATER PROVIDENCE CHAMBER OF COMMERCE 0 RAJANI MAHADEVAN DIRECTOR 36346 WORKMAN'S COMPENSATION INSURANCE PROVIDER; RAJANI IS THE VP AT BEACON MUTUAL INSURANCE 0 SUSAN HANNON DIRECTOR 0 FINANCIAL INSTITUTION THAT HOLDS THE ORGANIZATIONS BANK ACCOUNTS; SUSAN HANNON IS THE RI VICE PRESIDENT FOR BOA 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT AND THE BOARD AUDIT & FINANCE COMMITTEE. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. AT THE SUBSEQUENT BOARD MEETING, THE EXTERNAL AUDITORS PRESENT THE 990 AND BOARD MEMBERS ARE ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. SUBSEQUENT TO THIS AFOREMENTIONED BOARD MEETING THE FORM IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE EXECUTIVE COMMITTEE ON BEHALF OF THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE CHIEF EXECUTIVE OFFICER. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM COMPENSATION SURVEYS. THE PERFORMANCE APPRAISAL, WHICH CONTAINS COMPENSATION IS THE RECORD OF THE MEETING. THE CHIEF EXECUTIVE OFFICER ESTABLISHES THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM AND REVIEWS THE PERFORMANCE EVALUATIONS AND RECOMMENDED COMPENSATION WITH THE FINANCE COMMITTEE, ALTHOUGH NO VOTE OF APPROVAL OF THE CHIEF EXECUTIVE OFFICER'S DECISION IS REQUIRED. THE AGENCY MANAGEMENT ALONG WITH ITS BOARD FINANCE AND AUDIT COMMITTEE ALSO REVIEWS COMPARABLE SALARIES OF OTHER NONPROFITS IN THE AREA AND REFERENCES ANNUAL SURVEYS CONDUCTED BY INDEPENDENT ORGANIZATIONS (I.E. THIRD SECTOR NEW ENGLAND). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICES DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. THE ORGANIZATION ALSO MAINTAINS HARD COPIES OF ITS ORGANIZATIONAL DOCUMENTS, BOARD MEETING MINUTES AND POLICIES IN A BINDER AVAILABLE FOR PUBLIC VIEWING UPON REQUEST.