SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD

EIN: 542010445 501(c)(3) Employment

LEBANON, VA

Total Revenue
$2,398,312
Total Expenses
$2,654,147
Total Assets
$568,435
Net Assets
$393,375
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
VA
Principal Officer
RACHEL PATTON
Phone
2768834034
Tax Period
2023-07-01 to 2024-06-30

SOUTHWEST VA WORKFORCE DEVELOPMENT BOARD, founded in 1984, is a community nonprofit in the Employment sector that reported $2.5M in total revenue in fiscal year 2017.

Mission

PROVISION OF TRAINING AND EDUCATION TO LOW-INCOME OR UNEMPLOYED INDIVIDUALS USING GRANTS FROM THE DEPARTMENT OF LABOR PASSED THROUGH LOCAL AND STATE AGENCIES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,388,945
Program Service Revenue $9,348
Investment Income $9
Other Revenue $10
TOTAL REVENUE $2,398,312

Expense Breakdown

Grants Paid $0
Salaries & Benefits $982,123
Fundraising Expenses $0
Program Expenses $2,326,346
Other Expenses $1,672,024
TOTAL EXPENSES $2,654,147

Year-over-Year Comparison

2023 2022 Change
Revenue $2,398,312 $2,743,558 -0.1%
Expenses $2,654,147 $2,794,382 -0.1%
Net Income $-255,835 $-50,824 +4.0%
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
38
Independent Members
38
Employees
24
Volunteers
N/A

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
3
$0
Total Directors
39
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON VANDYKE CHAIR N/A
Officer Director
$0 $0 $0
MALCOM PERDUE VICE-CHAIR N/A
Director
$0 $0 $0
REBECCA SCOTT SECRETARY N/A
Director
$0 $0 $0
ANDRE RICHMOND BOARD MEMBER N/A
Director
$0 $0 $0
BECKY O'QUINN-PURDIE BOARD MEMBER N/A
Director
$0 $0 $0
BEVERLY PROFFITT BOARD MEMBER N/A
Director
$0 $0 $0
CHRIS SANDERS BOARD MEMBER N/A
Director
$0 $0 $0
CINDY MATNEY BOARD MEMBER N/A
Director
$0 $0 $0
DEVANTAE MOONEY BOARD MEMBER N/A
Director
$0 $0 $0
DAVID YATES BOARD MEMBER N/A
Director
$0 $0 $0
DENECHIA EDWARDS BOARD MEMBER N/A
Director
$0 $0 $0
GINGER BRANTON BOARD MEMBER N/A
Director
$0 $0 $0
GLENDA CARTER BOARD MEMBER N/A
Director
$0 $0 $0
GREG BAILEY BOARD MEMBER N/A
Director
$0 $0 $0
JACK COMPTON BOARD MEMBER N/A
Director
$0 $0 $0
JESSICA VANOVER BOARD MEMBER N/A
Director
$0 $0 $0
KATHY MALONE BOARD MEMBER N/A
Director
$0 $0 $0
KRISTEN RUTHERFORD BOARD MEMBER N/A
Director
$0 $0 $0
LENNIE GAIL MITCHUM BOARD MEMBER N/A
Director
$0 $0 $0
HANNAH LONG BOARD MEMBER N/A
Director
$0 $0 $0
MAYNARD SPELL BOARD MEMBER N/A
Director
$0 $0 $0
RHENDA KROEKER BOARD MEMBER N/A
Director
$0 $0 $0
RICK COLLEY BOARD MEMBER N/A
Director
$0 $0 $0
RITA SURRATT BOARD MEMBER N/A
Director
$0 $0 $0
ROBERT CHAPMAN BOARD MEMBER N/A
Director
$0 $0 $0
ANDY MIRANDA BOARD MEMBER N/A
Director
$0 $0 $0
RUTH BLANKENSHIP BOARD MEMBER N/A
Director
$0 $0 $0
SUSAN CAMPBELL BOARD MEMBER N/A
Director
$0 $0 $0
TAMMY KINSER BOARD MEMBER N/A
Director
$0 $0 $0
VICKI PORTER BOARD MEMBER N/A
Director
$0 $0 $0
VICKIE KITTS BOARD MEMBER N/A
Director
$0 $0 $0
BRIAN SHOEMAKER CLEO MEMBER N/A
Director
$0 $0 $0
KYLE CRUEY CLEO MEMBER N/A
Director
$0 $0 $0
MARK CARUSO CLEO MEMBER N/A
Director
$0 $0 $0
MICHAEL BRICKEY CLEO MEMBER N/A
Director
$0 $0 $0
PEGGY KISER CLEO MEMBER N/A
Director
$0 $0 $0
STEVE BREEDING CLEO MEMBER N/A
Director
$0 $0 $0
ROGER RIFE CLEO MEMBER N/A
Director
$0 $0 $0
TIM BOARDWINE CLEO MEMBER N/A
Director
$0 $0 $0
SARAH BUNDY DIRECTOR OF N/A
Officer
$0 $0 $0
RACHEL PATTON EXECUTIVE DI N/A
Officer
$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 No data No data No data No data
2024 $2,398,312 $2,654,147 $568,435 $-255,835
2023 $2,743,558 $2,794,382 $283,441 $-50,824
2022 $2,599,441 $2,620,441 $371,048 $-21,000
2021 $3,241,975 $3,232,471 $188,067 $9,504
2020 $2,585,727 $2,604,344 $102,265 $-18,617
2019 $2,441,327 $2,373,662 $154,779 $67,665
2018 $2,533,915 $2,687,148 $327,917 $-153,233
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