Mission
The MassHire Merrimack Valley Workforce Development Board is composed of knowledgeable and influential business and community leaders committed to bolstering economic development and employment in the region. The board serves as the oversight and policy-making body for federally funded employment and training services, working closely with local municipalities and strategic partners.
Basic Information
Founded in
2004
EIN
80-0611253
Total Assets
$66.85 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
YouthWorks Programs
YouthWorks offers meaningful summer job experiences for local youth.
Employer Services
Supporting businesses in finding and training skilled employees.
Labor Market Data
Providing labor market insights and data for informed decision-making.
Impact Stats
Grant Amount
Grant for Youth Employment
MassHire Merrimack Valley Workforce to receive over $2 million in grant funding to hire 460 youth.
Number of Graduates
Graduation of ESOL-Enhanced Program
Celebration of 12 students graduating from the ESOL-Enhanced Advanced Manufacturing Training Program.
Grant Amount
Healthcare Training Partnership Grant
Awarded funding to lead a healthcare training partnership.
Past Events
Grant Funding Announcement
2023-07-11
MassHire Merrimack Valley Workforce to receive funding to hire youth.
ESOL-Enhanced Program Graduation
2022-07-07
Celebration of graduation for ESOL students.
Upcoming Events
MassHire MVWB Annual Meeting
2024-10-22
Annual meeting for stakeholders to discuss workforce development plans.
Quarterly Meeting
2025-01-28
Quarterly meeting to review workforce development initiatives.
Our Programs
YouthWorks
A program that provides summer job experiences for youth in the Merrimack Valley.
Learn MoreElectromechanical Assembly Program
A training program focused on electromechanical assembly skills.
Learn MoreMIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
53
46
/100
Program Expense Ratio
99.20%
20
/20
Program Revenue Growth
51.05%
20
/20
Leverage Ratio
0
2
/20
Working Capital Ratio
0.1066
2
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2021
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 0 | 0.00% |
| Program Services | 211.2K | 100.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 211.2K | 100.00% |