Building Skills Ny

Organization Overview

Building Skills Ny is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2023, Building Skills NY employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Skills NY 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 12/2023, Building Skills NY generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 18.5% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TRAINING AND RELATED ASSISTANCE TO UNEMPLOYED AND UNDEREMPLOYED PERSONS FROM NEW YORK STATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUILDING SKILLS NY LAUNCHED A CONSTRUCTION INDUSTRY EMPLOYMENT INITIATIVE TO HIRE NEW YORK CITY RESIDENTS TO WORK IN THE CONSTRUCTION INDUSTRY, AND TO CREATE A CAREER PATH FOR THOSE HIRES WHO HAVE THE INTEREST, CAPABILITY AND CAPACITY TO SUCCEED IN THE CONSTRUCTION TRADES. PARTICIPATING DEVELOPERS AND CONTRACTORS ASK THEIR GENERAL CONTRACTORS AND SUBCONTRACTORS TO COMMIT TO HIRE A NUMBER OF BUILDING SKILLS REFERRALS OVER THE COURSE OF THE NEXT YEAR. THESE REFERRALS ARE REFERRED BY PUBLIC AND NOT FOR PROFIT AGENCIES, ARE VETTED BY BUILDING SKILLS, HAVE AN OSHA 30 AND SITE SAFETY TRAINING CERTIFICATE AND ARE EXPECTED TO HAVE A MINIMAL LEVEL OF EXPERIENCE IN CONSTRUCTION. (CONTINUED ON SCH O) CONTRACTORS ARE ASKED TO PROVIDE AN OPPORTUNITY FOR THESE NEW HIRES TO WORK AS LABORERS OR HELPERS/ASSISTANTS IN THEIR TRADES, AND TO EVALUATE THEM AT THE END OF THEIR EMPLOYMENT. IN ADDITION TO PROVIDING US WITH AN ASSESSMENT OF THEIR SKILLS, CONTRACTORS ARE ASKED TO ASSESS THE PROSPECTS FOR THESE INDIVIDUALS TO BENEFIT FOR FURTHER TRAINING IN A TRADE. WE ALSO ASK IF THERE ARE ANY OTHER NYC RESIDENTS WORKING FOR THE CONTRACTORS WHO CAN ALSO BENEFIT FROM TRAINING. BUILDING SKILLS IS CURRENTLY CONDUCTING COURSES IN NCCER IN LEVEL ONE PLUMBING, ELECTRICAL, CARPENTRY, AND HVAC. IN ADDITION TO THE TRAINING, BUILDING SKILLS MAINTAINS A DATABASE OF EXPERIENCED WORKERS, REFERRED BY INDUSTRY EMPLOYERS, FOR REFERRAL FOR FUTURE WORK. THIS VIRTUAL HIRING HALL, AS IT IS BUILT UP OVER TIME, WILL PROVIDE A RESOURCE FOR CONTRACTORS AND SUBCONTRACTORS TO ADDRESS HIRING NEEDS. CONTRACTORS AND SUBCONTRACTORS ARE ASKED TO PARTICIPATE IN THIS DATABASE BY PROVIDING REFERRALS OF SUCCESSFUL EMPLOYEES WHO ARE HIRED ON A TEMPORARY BASIS, AND BY PROVIDING JOB PLACEMENTS WHEN HIRING OPPORTUNITIES ARISE.THE GOALS OF THIS INITIATIVE ARE THREE-FOLD. ONE, IT IS AN OPPORTUNITY FOR THE INDUSTRY TO TAKE STEPS TO ADDRESS UNEMPLOYMENT AND UNDEREMPLOYMENT IN NEW YORK CITY BY COMMITTING TO PROVIDE ENTRY LEVEL JOBS TO NEW YORK CITY RESIDENTS. SECOND, BY CREATING A PROCESS TO ENABLE SUCCESSFUL EMPLOYEES TO RECEIVE FURTHER TRAINING AND ACCESS TO PLACEMENT IN JOBS WHEN AN ORIGINAL JOB PLACEMENT IS COMPLETED, THE INITIATIVE WILL ENABLE THESE EMPLOYEES TO DEVELOP THE SKILLS TO LEARN A TRADE AND HAVE A CAREER IN THE CONSTRUCTION TRADES; THIRD, BY PROVIDING TRAINING AND A SOURCE OF TRAINED WORKERS FOR EMPLOYERS, THIS INITIATIVE WILL CREATE A BETTER QUALIFIED AND MORE PRODUCTIVE WORKFORCE FOR THE FUTURE. THIS PROGRAM IS PRIMARILY SUPPORTED BY CONTRIBUTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Alex Arker
Director
$0
Mary Serafy
Director
$0
Ronald Moelis
Vice Chair
$0
Debra Kenyon
Director
$0
Jim Whelan
Board Chair
$0
Matt Gross
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$87,834
Related organizations$0
Government grants $230,199
All other contributions, gifts, grants, and similar amounts not included above$1,123,206
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,441,239
Total Program Service Revenue$52,801
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 $1,494,040

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