Madera County Workforce Investment Corporation

EIN: 455243432 501(c)(3) Employment

Madera, CA

Total Revenue
$3,615,096
Total Expenses
$3,312,768
Total Assets
$3,724,414
Net Assets
$972,429
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
Maiknue Vang
Phone
5596624500
Tax Period
2024-07-01 to 2025-06-30

Madera County Workforce Investment Corporation, founded in 2011, is a community nonprofit in the Employment sector that reported $3.6M in total revenue in fiscal year 2024. Expenses of $3.3M left a modest 8% surplus.

Mission

Madera County Workforce Investment Corporation provides and invests in a comprehensive array of business and career services, including employment assistance, job training, and skills development that promote economic health and prosperity and support the economic success of businesses, residents, and communities within Madera County.

Program Service Accomplishments

Program 1
Expenses: $1,982,406 Revenue: $204,688

Workforce Innovation and Opportunity Act (WIOA) The WIOA enacted in 2015 is a Federal Act designed to strengthen and improve our nations public workforce system and help get Americans, such as...

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Workforce Innovation and Opportunity Act (WIOA) The WIOA enacted in 2015 is a Federal Act designed to strengthen and improve our nations public workforce system and help get Americans, such as veterans, low income, unemployed, youth, and those with significant barriers to employment, into high-quality jobs and careers and help employers hire and retain skilled workers. WIOA is designed to help job seekers access employment, education, training, and support services to succeed in the labor market and to match employers with the skilled workers they need to compete in the global economy. WIOA required core partners contribute to the shared costs of operating the American Job Centers (AJC), which includes rent, utilities and maintenance. MOUs and the Infrastructure Funding Agreements are used to determine these costs and subleases are used to help reimburse these costs to the primary lease holder operating the AJC.

Program 2
Expenses: $382,996

Community Corrections: Madera County Department of Corrections (MCDC) probation and juvenile detention facility Career counseling, career development workshops and assessments are provided on site at...

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Community Corrections: Madera County Department of Corrections (MCDC) probation and juvenile detention facility Career counseling, career development workshops and assessments are provided on site at the MCDC to improve the vocational aptitude of offenders, both adult and youth while in custody and while on probation, to increase the likelihood of their secured employment and to reduce recidivism. California Department of Corrections and Rehabilitation (CDCR) and Prison to Employment - Prison to employment funding allows local AJCC programs to assist State institutionalized residents nearing parole with skills and needs assessment, labor market data, referrals to appropriate community resources, development of a job search portfolio, and job readiness. Upon release, parolees are then connected to local AJCC centers, where career counselors review their portfolio and skills assessment and are able to connect individuals to job training and/or job placement. The direct partnership between rehabilitative programs within CDCR and the state workforce system will help to improve labor market outcomes and reduce recidivism.

Program 3
Expenses: $295,714

Community Benefit Support: Other program services include the Wells Fargo Foundation grant, Kaiser Community Services grant. The Wells Fargo funding provides Hi-Set classes, including a laptop for...

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Community Benefit Support: Other program services include the Wells Fargo Foundation grant, Kaiser Community Services grant. The Wells Fargo funding provides Hi-Set classes, including a laptop for remote learning, for those participants needing to obtain their GED in order for them to continue into training and/or become employed. Kaiser Community funding assist individuals needing to obtain legal status and right to work documents. Individuals are also assisted with other needs such as training, support services, employment and community referrals.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,410,408
Program Service Revenue $204,688
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,615,096

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,667,620
Fundraising Expenses $0
Program Expenses $2,776,718
Other Expenses $1,645,148
TOTAL EXPENSES $3,312,768

Year-over-Year Comparison

2024 2023 Change
Revenue $3,615,096 $3,397,907 +0.1%
Expenses $3,312,768 $3,410,506 0.0%
Net Income $302,328 $-12,599 -25.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
6
Employees
55
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$256,058
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maiknue Vang Exec Dir/Sec 40.00
Officer
$128,730 $7,515 $136,245
Jessica Roche Treas/Controll 40.00
Officer
$107,464 $12,349 $119,813
Debi Bray Chair 1.00
Officer Director
$0 $0 $0
Mattie Mendez Director 1.00
Officer Director
$0 $0 $0
Gabriel Mejia Vice Chair 1.00
Officer Director
$0 $0 $0
Roger Leach Director 1.00
Director
$0 $0 $0
Ramona Davie Director 1.00
Director
$0 $0 $0
Tim Riche Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,615,096 $3,312,768 $3,724,414 $302,328
2024 $3,397,907 $3,410,506 $3,651,570 $-12,599
2023 $3,072,166 $2,986,540 $3,640,142 $85,626
2022 $3,134,795 $3,074,176 $726,385 $60,619
2021 $2,835,470 $2,806,172 $708,385 $29,298
2020 $3,231,129 $3,155,754 $651,336 $75,375
2019 $3,464,016 $3,311,980 $695,166 $152,036
2018 $2,657,355 $2,637,935 $456,586 $19,420
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