Consortium For Worker Education Inc is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Consortium For Worker Education Inc employed 164 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Consortium For Worker Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Consortium For Worker Education Inc generated $23.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $25.8m during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND RE-TRAINING TO DISLOCATED WORKERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PURPOSE IS TO ASSIST INDIVIDUALS IN MAINTAINING AND IMPROVING EMPLOYMENT OPPORTUNITIES THROUGH THE ESTABLISHMENT, MAINTENANCE, AND/OR SUPPORT OF TECHNICAL TRAINING AND LITERACY PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Mcdermott President | OfficerTrustee | 40 | $326,385 |
Craig Walker Deputy Exec Dir Admn & Fin | 40 | $231,072 | |
Debora Buxton Deputy Exec Dir Edu | 40 | $195,046 | |
Glenda Williams Assistant Executive Direct | 40 | $194,144 | |
Beverly O'donnell Assistant Executive Direct | 40 | $189,167 | |
Navon Lindo Comptroller | 40 | $189,082 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $22,336,296 |
All other contributions, gifts, grants, and similar amounts not included above | $1,124,813 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,461,109 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $23,461,109 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $312,162 |
Compensation of current officers, directors, key employees. | $312,162 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,580,410 |
Pension plan accruals and contributions | $348,848 |
Other employee benefits | $1,418,832 |
Payroll taxes | $700,961 |
Fees for services: Management | $0 |
Fees for services: Legal | $98,824 |
Fees for services: Accounting | $140,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $309,725 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,258,588 |
Travel | $7,828 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,750 |
Interest | $451,482 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $433,077 |
Insurance | $273,470 |
All other expenses | $0 |
Total functional expenses | $25,814,682 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,429,277 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $9,218,320 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $9,845,178 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $329,007 |
Other assets | $316,992 |
Total assets | $27,138,774 |
Accounts payable and accrued expenses | $9,131,439 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $9,998,504 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,940,292 |
Total liabilities | $25,070,235 |
Net assets without donor restrictions | $2,068,539 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $27,138,774 |
Over the last fiscal year, we have identified 1 grants that Consortium For Worker Education Inc has recieved totaling $35,000.
Awarding Organization | Amount |
---|---|
International Association Of Machinists & Aerospace Grand Lodge Upper Marlboro, MD PURPOSE: CONTRIBUTIONS | $35,000 |
Organization Name | Assets | Revenue |
---|---|---|
Center For Employment Opportunities Inc New York, NY | $41,857,908 | $87,797,672 |
Mdrc New York, NY | $143,919,606 | $93,136,568 |
1199 Seiu League Training And Upgrading Fund New York, NY | $42,542,566 | $63,487,129 |
Jevs Human Services Philadelphia, PA | $77,364,523 | $72,235,566 |
Philadelphia Works Inc Philadelphia, PA | $19,624,768 | $60,435,334 |
Jobs For The Future Inc Boston, MA | $45,400,683 | $55,577,164 |
Common Ground Management Corporation New York, NY | $34,376,983 | $41,849,859 |
Consortium For Worker Education Inc New York, NY | $27,138,774 | $23,461,109 |
Private Industry Council Of Westmoreland Fayette Inc Greensburg, PA | $8,538,862 | $23,750,755 |
Youthbuild Usa Inc Roxbury, MA | $41,660,191 | $41,513,584 |
Capital Workforce Partners Inc Hartford, CT | $3,681,949 | $22,085,213 |
National Telecommuting Institute Boston, MA | $7,581,785 | $15,508,649 |