Cny Works Inc
- Assets
- $1.5m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 383
- Location
- Syracuse, NY
- Founding
- 07/1991
- Data as of
- 06/2021
- EIN
- 16-1289199
Organization Overview
Cny Works Inc is located in Syracuse, NY. The organization was established in 1991. 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 06/2021, Cny Works Inc employed 383 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cny Works 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 06/2021, Cny Works Inc generated $3.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $3.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. 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 BRING BUSINESSES, JOB SEEKERS AND TRAINING PROVIDERS TOGETHER TO PROVIDE SKILLED WORKERS FOR EVERY BUSINESS AND EMPLOYEMENT FOR EVERY JOB SEEKER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CNY WORKS, INC. PROVIDES WORKFORCE DEVELOPMENT SERVICES TO THE CENTRAL NEW YORK COMMUNITY AND SERVES AS THE LOCAL WORKFORCE DEVELOPMENT BOARD (LWDB) FOR THE ONONDAGA COUNTY LOCAL AREA. CNY WORKS STRIVES TO ATTRACT, DEVELOP, AND RETAIN A WORKFORCE THAT WILL SUPPORT ECONOMIC PROSPERITY FOR ONONDAGA COUNTY, THE CENTRAL NEW YORK REGION AND NEW YORK STATE. AT THE STRATEGIC LEVEL, CNY WORKS FUNCTIONS AS THE APOLITICAL CONVENER OF BUSINESS, ECONOMIC DEVELOPMENT, EDUCATION, WORKFORCE AND COMMUNITY STAKEHOLDERS TO DEFINE WORKFORCE SYSTEM GOALS; SUPPORT SKILLS DEVELOPMENT, EDUCATION AND TRAINING IN THE WORKFORCE SUPPLY; AND CULTIVATE LOCAL AND REGIONAL ECONOMIC GROWTH. OPERATIONALLY, CNY WORKS OVERSEES THE CNY WORKS' ONE STOP CAREER CENTER, A PARTNER OF THE AMERICAN JOB CENTER NETWORK, TO PROVIDE WORKFORCE SERVICES AND STRATEGIES FOR JOB SEEKERS, INCLUDING UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS, EMERGING WORKERS, EMPLOYED WORKERS AND BUSINESSES IN CENTRAL NEW YORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lenore Sealy Executive Director | Officer | 40 | $115,750 |
Susan Cooley Chief Financial Officer | Officer | 40 | $34,327 |
Francis Caliva Jr Vice Chair | OfficerTrustee | 2 | $0 |
Donald Napier Chair | OfficerTrustee | 2 | $0 |
Joseph Rufo Treasurer | OfficerTrustee | 2 | $0 |
Jeanne Morelli Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,379,610 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,596 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,391,206 |
| Total Program Service Revenue | $0 |
| Investment income | $5,127 |
| 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 | $3,654,569 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $109,488 |
| 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. | $252,449 |
| Compensation of current officers, directors, key employees. | $127,623 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $823,813 |
| Pension plan accruals and contributions | $24,467 |
| Other employee benefits | $217,406 |
| Payroll taxes | $84,312 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,150 |
| Fees for services: Accounting | $54,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,301 |
| Advertising and promotion | $0 |
| Office expenses | $115,349 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $462,238 |
| Travel | $45 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,289 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,625 |
| Insurance | $19,183 |
| All other expenses | $0 |
| Total functional expenses | $3,682,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,277 |
| Savings and temporary cash investments | $587,542 |
| Pledges and grants receivable | $668,297 |
| Accounts receivable, net | $78,067 |
| 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 | $67,280 |
| Net Land, buildings, and equipment | $85,355 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,360 |
| Total assets | $1,537,178 |
| Accounts payable and accrued expenses | $343,583 |
| Grants payable | $0 |
| Deferred revenue | $28,770 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,511 |
| Total liabilities | $452,864 |
| Net assets without donor restrictions | $1,084,314 |
| 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 | $1,537,178 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cny Works Inc has recieved totaling $17,500.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Telecommuting Institute Boston, MA | $7,581,785 | $15,508,649 |
Masshire Hampden County Workforce Board Inc Springfield, MA | $3,346,725 | $13,329,757 |
South Middlesex Non-Profit Housing Corporation Framingham, MA | $86,868,885 | $12,461,508 |
Lifestyles For The Disabled Inc Staten Island, NY | $5,937,706 | $11,027,240 |
Vermont Associates For Training & Development Inc St Albans, VT | $530,190 | $11,812,343 |
Buffalo And Erie County Workforce Development Consortium Inc Buffalo, NY | $1,944,049 | $11,546,333 |
Eastern Connecticut Workforce Investment Board Inc Franklin, CT | $2,220,849 | $11,033,375 |
Impact Services Corp Philadelphia, PA | $10,268,783 | $12,440,470 |
Workforce Alliance Inc New Haven, CT | $2,201,686 | $11,291,916 |
Academy Of Management Inc Briarcliff Manor, NY | $56,747,597 | $15,919,073 |
Career Resources Inc Bridgeport, CT | $3,329,042 | $9,544,012 |
Metro North Regional Employment Board Cambridge, MA | $4,304,049 | $8,929,878 |