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SOUTHWESTERN OREGON WORKFORCE INVESTMENT BOARD

SOUTHWESTERN OREGON WORKFORCE INVESTMENT BOARD

Coos Bay, OR, US
501(c)(3)
EIN
47-3873798
Regional Funder
funder logo

SOUTHWESTERN OREGON WORKFORCE INVESTMENT BOARD

Coos Bay, OR, US
501(c)(3)
EIN
47-3873798
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$8,111,643

Government Grants
91%
Contributions
7%
Program Services
2%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$7,977,899

Grants
57%
Salaries & Benefits
29%
Other
9%
Offices, Occupancy & IT
4%
Fees to Service Providers
1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$537,850
$583,968
+9%
Government Grants
$8,269,249
$7,352,210
-11%
Fundraising Events
$0
$0
-
Program Services
$170,719
$174,781
+2%
Membership Dues
$0
$0
-
Investments
$5,902
$361
-94%
Other
$0
$323
-
Total Revenues
$8,983,720
$8,111,643
-10%
Expenses
2023
2024
Change
Grants
$5,247,311
$4,520,650
-14%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,045,335
$2,289,331
+12%
Fees to Service Providers
$47,104
$90,827
+93%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$301,523
$311,710
+3%
Interest
$0
$0
-
Depreciation
$9,228
$48,750
+428%
Other
$795,024
$716,631
-10%
Total Expenses
$8,445,525
$7,977,899
-6%
Net income
2023
2024
Change
Net income
+$538,195
+$133,744
-75%
Functional Expenses
Summary
2023
2024
Change
Program
$8,040,069
$7,412,782
-8%
Admin
$405,456
$565,117
+39%
Fundraising
$0
$0
-
Total Expenses
$8,445,525
$7,977,899
-6%
Income Statement
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