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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$30.2M
Program Spending
79%
of total expenses go to program services
Total Contributions
$102.1K
Total Expenses
▼$30.7M
Total Assets
$16.6M
Total Liabilities
▼$6.5M
Net Assets
$10.1M
Officer Compensation
→$300K
Other Salaries
$13M
Investment Income
$0
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$12.9M
Awards Found
8
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Labor | SEE NOTICE OF AWARD, ATTACHMENT 1 - TERMS AND CONDITIONS, ATTACHMENT D-STATEMENT OF WORK, ABSTRACT. | $4M | FY2025 | Jul 2025 – Dec 2028 |
| Department of Labor | AWARD PURPOSE PROVIDE REENTRY SERVICES BEGINNING WHILE PARTICIPANTS ARE STILL INCARCERATED AND CONTINUE POST-RELEASE, LEADING TO SKILLS-BASED EMPLOYMENT. ACTIVITIES PERFORMED FEDCAP WILL IMPLEMENT INTENSIVE CASE MANAGEMENT, EMPLOYMENT, AND CAREER SERVICES PRE-AND POST-RELEASE TO ENSURE PARTICIPANT SUCCESS. DELIVERABLES FEDCAP EXPECTS TO EXCEED THE WIOA MEASURE BASED ON THE DOCUMENTED PAST PERFORMANCE PRESENTED IN ATTACHMENT 4. INTENDED BENEFICIARY ADULT MEN AND WOMEN CONFINED AT RICF RETURNING TO URBAN, HIGH POVERTY & CRIME AREAS WITHIN NEW YORK CITY (NYC). SUBRECIPIENT ACTIVITIES N/A | $4M | FY2022 | Jul 2022 – Dec 2025 |
| Department of Education | APEX TECHNICAL SCHOOL HEERF II FOR STUDENTS | $2.1M | FY2021 | Apr 2021 – Jul 2022 |
| Department of Labor | AWARD PURPOSE HVRP IS AN EMPLOYMENT-FOCUSED COMPETITIVE GRANT PROGRAM THAT FOCUSES EXCLUSIVELY ON OBTAINING COMPETITIVE EMPLOYMENT FOR VETERANS EXPERIENCING OR AT-RISK OF HOMELESSNESS. ACTIVITIES PERFORMED EMPLOYMENT SERVICES, JOB TRAINING DELIVERABLES HVRP GRANT RECIPIENTS WILL PROVIDE EMPLOYMENT SERVICES AND JOB TRAINING TO VETERANS EXPERIENCING HOMELESSNESS WHICH WILL RESULT IN THE VETERANS EARNING INCOME AND LONG TERM JOB STABILITY AS EVIDENCED BY JOB PLACEMENT RATES, AND EARNINGS INCOME AFTER EXITING THE PROGRAM. INTENDED BENEFICIARY VETERANS AT RISK OF OR EXPERIENCING HOMELESSNESS. GRANT RECIPIENTS MAY ALSO CHOOSE TO FOCUS SERVICES TO VETERANS TRANSITIONING FROM INCARCERATION, HOMELESS FEMALE VETERANS AND/OR HOMELESS VETERANS WITH CHILDREN. SUBRECIPIENT ACTIVITIES RECIPIENTS GENERALLY DO NOT SUB-AWARD FUNDS. | $1.5M | FY2022 | Jul 2022 – Jun 2025 |
| Department of Education | PWI | $936.8K | FY2011 | Oct 2010 – Sep 2011 |
| Department of the Treasury | PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH TECHNICAL ASSISTANCE AWARDS TO BUILD THE CAPACITY OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND EMERGING CDFIS. PLANNED ACTIVITIES TECHNICAL ASSISTANCE MUST BE USED FOR THE FOLLOWING ELIGIBLE ACTIVITIES SUBJECT TO THE APPLICABLE PROVISIONS OF THE UNIFORM REQUIREMENTS COMPENSATION PERSONAL SERVICES, COMPENSATION FRINGE BENEFITS, PROFESSIONAL SERVICE COSTS, TRAVEL COSTS, TRAINING AND EDUCATION COSTS, EQUIPMENT, SUPPLIES, AND INCORPORATION COSTS (SPONSORING ENTITIES ONLY). END GOALS: THE GOAL OF THE TECHNICAL ASSISTANCE IS TO BUILD CERTIFIED AND EMERGING CDFI’S ORGANIZATIONAL CAPACITY TO SERVE ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE. | $300K | FY2025 | Nov 2024 – Sep 2028 |
| Department of the Treasury | PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH TECHNICAL ASSISTANCE AWARDS TO BUILD THE CAPACITY OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND EMERGING CDFIS. PLANNED ACTIVITIES TECHNICAL ASSISTANCE MUST BE USED FOR THE FOLLOWING ELIGIBLE ACTIVITIES SUBJECT TO THE APPLICABLE PROVISIONS OF THE UNIFORM REQUIREMENTS COMPENSATION PERSONAL SERVICES, COMPENSATION FRINGE BENEFITS, PROFESSIONAL SERVICE COSTS, TRAVEL COSTS, TRAINING AND EDUCATION COSTS, EQUIPMENT, SUPPLIES, AND INCORPORATION COSTS (SPONSORING ENTITIES ONLY). END GOALS: THE GOAL OF THE TECHNICAL ASSISTANCE IS TO BUILD CERTIFIED AND EMERGING CDFI’S ORGANIZATIONAL CAPACITY TO SERVE ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE. | $125K | FY2022 | Sep 2022 – Sep 2026 |
| Department of Labor | ASSIST VETERANS EXPERIENCING HOMELESSNESS OBTAIN A BRIEF RESPITE BY PROVIDING THEM WITH FOOD, CLOTHING AND SUPPLIES. THESE VETS FUNDED EVENTS INCLUDES OUTREACH ACTIVITIES TO ENGAGE PARTNERS AND EMPLOYERS. STAND DOWN GRANTEES PARTNER WITH FEDERAL, STATE, TRIBAL, AND LOCAL ENTITIES LOCAL BUSINESSES AND VETERAN, COMMUNITY, SOCIAL, AND FAITH-BASED ORGANIZATIONS TO HOLD EVENTS FOR HOMELESS VETERANS. THE CRITICAL SERVICES PROVIDED AT A SD EVENT ARE OFTEN THE CATALYSTS THAT ENABLE HOMELESS VETERANS TO REENTER THE WORKFORCE. CONNECT VETERANS EXPERIENCING HOMELESSNESS WITH SUPPLIES AND CONNECTIONS TO OTHER AGENCIES PROVIDING SERVICES TO THE POPULATION. STAND DOWNS ARE TYPICALLY ONE- TO THREE-DAY EVENTS PROVIDING SUPPLIES AND SERVICES TO HOMELESS VETERANS, SUCH AS FOOD, SHELTER, CLOTHING, HEALTH SCREENINGS AND VA SOCIAL SECURITY BENEFITS COUNSELING. VETERANS CAN ALSO RECEIVE REFERRALS TO OTHER ASSISTANCE SUCH AS HEALTH CARE, HOUSING SOLUTIONS, EMPLOYMENT, SUBSTANCE USE TREATMENT AND MENTAL HEALTH COUNSELING. THEY ARE COLLABORATIVE EVENTS, COORDINATED BETWEEN LOCAL VA MEDICAL CENTERS, THE DEPARTMENT OF LABOR (DOL), OTHER GOVERNMENT AGENCIES AND COMMUNITY-BASED HOMELESS SERVICE PROVIDERS. VETERANS EXPERIENCING HOMELESSNESS. RECIPIENTS GENERALLY DON T SUB-AWARD FUNDS. | $9,302.78 | FY2024 | Sep 2024 – Nov 2024 |
Department of Labor
$4M
SEE NOTICE OF AWARD, ATTACHMENT 1 - TERMS AND CONDITIONS, ATTACHMENT D-STATEMENT OF WORK, ABSTRACT.
Department of Labor
$4M
AWARD PURPOSE PROVIDE REENTRY SERVICES BEGINNING WHILE PARTICIPANTS ARE STILL INCARCERATED AND CONTINUE POST-RELEASE, LEADING TO SKILLS-BASED EMPLOYMENT. ACTIVITIES PERFORMED FEDCAP WILL IMPLEMENT INTENSIVE CASE MANAGEMENT, EMPLOYMENT, AND CAREER SERVICES PRE-AND POST-RELEASE TO ENSURE PARTICIPANT SUCCESS. DELIVERABLES FEDCAP EXPECTS TO EXCEED THE WIOA MEASURE BASED ON THE DOCUMENTED PAST PERFORMANCE PRESENTED IN ATTACHMENT 4. INTENDED BENEFICIARY ADULT MEN AND WOMEN CONFINED AT RICF RETURNING TO URBAN, HIGH POVERTY & CRIME AREAS WITHIN NEW YORK CITY (NYC). SUBRECIPIENT ACTIVITIES N/A
Department of Education
$2.1M
APEX TECHNICAL SCHOOL HEERF II FOR STUDENTS
Department of Labor
$1.5M
AWARD PURPOSE HVRP IS AN EMPLOYMENT-FOCUSED COMPETITIVE GRANT PROGRAM THAT FOCUSES EXCLUSIVELY ON OBTAINING COMPETITIVE EMPLOYMENT FOR VETERANS EXPERIENCING OR AT-RISK OF HOMELESSNESS. ACTIVITIES PERFORMED EMPLOYMENT SERVICES, JOB TRAINING DELIVERABLES HVRP GRANT RECIPIENTS WILL PROVIDE EMPLOYMENT SERVICES AND JOB TRAINING TO VETERANS EXPERIENCING HOMELESSNESS WHICH WILL RESULT IN THE VETERANS EARNING INCOME AND LONG TERM JOB STABILITY AS EVIDENCED BY JOB PLACEMENT RATES, AND EARNINGS INCOME AFTER EXITING THE PROGRAM. INTENDED BENEFICIARY VETERANS AT RISK OF OR EXPERIENCING HOMELESSNESS. GRANT RECIPIENTS MAY ALSO CHOOSE TO FOCUS SERVICES TO VETERANS TRANSITIONING FROM INCARCERATION, HOMELESS FEMALE VETERANS AND/OR HOMELESS VETERANS WITH CHILDREN. SUBRECIPIENT ACTIVITIES RECIPIENTS GENERALLY DO NOT SUB-AWARD FUNDS.
Department of Education
$936.8K
PWI
Department of the Treasury
$300K
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH TECHNICAL ASSISTANCE AWARDS TO BUILD THE CAPACITY OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND EMERGING CDFIS. PLANNED ACTIVITIES TECHNICAL ASSISTANCE MUST BE USED FOR THE FOLLOWING ELIGIBLE ACTIVITIES SUBJECT TO THE APPLICABLE PROVISIONS OF THE UNIFORM REQUIREMENTS COMPENSATION PERSONAL SERVICES, COMPENSATION FRINGE BENEFITS, PROFESSIONAL SERVICE COSTS, TRAVEL COSTS, TRAINING AND EDUCATION COSTS, EQUIPMENT, SUPPLIES, AND INCORPORATION COSTS (SPONSORING ENTITIES ONLY). END GOALS: THE GOAL OF THE TECHNICAL ASSISTANCE IS TO BUILD CERTIFIED AND EMERGING CDFI’S ORGANIZATIONAL CAPACITY TO SERVE ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Department of the Treasury
$125K
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH TECHNICAL ASSISTANCE AWARDS TO BUILD THE CAPACITY OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND EMERGING CDFIS. PLANNED ACTIVITIES TECHNICAL ASSISTANCE MUST BE USED FOR THE FOLLOWING ELIGIBLE ACTIVITIES SUBJECT TO THE APPLICABLE PROVISIONS OF THE UNIFORM REQUIREMENTS COMPENSATION PERSONAL SERVICES, COMPENSATION FRINGE BENEFITS, PROFESSIONAL SERVICE COSTS, TRAVEL COSTS, TRAINING AND EDUCATION COSTS, EQUIPMENT, SUPPLIES, AND INCORPORATION COSTS (SPONSORING ENTITIES ONLY). END GOALS: THE GOAL OF THE TECHNICAL ASSISTANCE IS TO BUILD CERTIFIED AND EMERGING CDFI’S ORGANIZATIONAL CAPACITY TO SERVE ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Department of Labor
$9,302.78
ASSIST VETERANS EXPERIENCING HOMELESSNESS OBTAIN A BRIEF RESPITE BY PROVIDING THEM WITH FOOD, CLOTHING AND SUPPLIES. THESE VETS FUNDED EVENTS INCLUDES OUTREACH ACTIVITIES TO ENGAGE PARTNERS AND EMPLOYERS. STAND DOWN GRANTEES PARTNER WITH FEDERAL, STATE, TRIBAL, AND LOCAL ENTITIES LOCAL BUSINESSES AND VETERAN, COMMUNITY, SOCIAL, AND FAITH-BASED ORGANIZATIONS TO HOLD EVENTS FOR HOMELESS VETERANS. THE CRITICAL SERVICES PROVIDED AT A SD EVENT ARE OFTEN THE CATALYSTS THAT ENABLE HOMELESS VETERANS TO REENTER THE WORKFORCE. CONNECT VETERANS EXPERIENCING HOMELESSNESS WITH SUPPLIES AND CONNECTIONS TO OTHER AGENCIES PROVIDING SERVICES TO THE POPULATION. STAND DOWNS ARE TYPICALLY ONE- TO THREE-DAY EVENTS PROVIDING SUPPLIES AND SERVICES TO HOMELESS VETERANS, SUCH AS FOOD, SHELTER, CLOTHING, HEALTH SCREENINGS AND VA SOCIAL SECURITY BENEFITS COUNSELING. VETERANS CAN ALSO RECEIVE REFERRALS TO OTHER ASSISTANCE SUCH AS HEALTH CARE, HOUSING SOLUTIONS, EMPLOYMENT, SUBSTANCE USE TREATMENT AND MENTAL HEALTH COUNSELING. THEY ARE COLLABORATIVE EVENTS, COORDINATED BETWEEN LOCAL VA MEDICAL CENTERS, THE DEPARTMENT OF LABOR (DOL), OTHER GOVERNMENT AGENCIES AND COMMUNITY-BASED HOMELESS SERVICE PROVIDERS. VETERANS EXPERIENCING HOMELESSNESS. RECIPIENTS GENERALLY DON T SUB-AWARD FUNDS.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
990-N (e-Postcard) Filing History
This organization files simplified Form 990-N (annual gross receipts ≤ $50,000).
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $30.2M | $102.1K | $30.7M | $16.6M | $10.1M |
| 2022 | $25.4M | $1.7M | $23.6M | $9.2M | $4.5M |
| 2021 | $2.7M | $12.7K | $2M | $802.8K | $577.8K |
| 2020 | $1.5M | $5,938 | $1.6M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Christine Mcmahon | President And CEO | 1 | $0 | $740.4K | $151.6K | $891.9K |
| Carol Khoury | CFO | 1 | $0 | $339.4K | $8,517 | $347.9K |
| Grant Collins | President Of Fedcap, Inc. | 35 | $296.8K | $0 | $21.2K | $318K |
| Kenneth Brezenoff | Gen Counsel & VP Strat. Init. | 1 | $0 | $243.4K | $18.8K | $262.2K |
| Kenneth Raisler | Chair | 1 | $0 | $0 | $0 | $0 |
| Martha Sproule | Treasurer | 1 | $0 | $0 | $0 | $0 |
Christine Mcmahon
President And CEO
$891.9K
Hrs/Wk
1
Compensation
$0
Related Orgs
$740.4K
Other
$151.6K
Carol Khoury
CFO
$347.9K
Hrs/Wk
1
Compensation
$0
Related Orgs
$339.4K
Other
$8,517
Grant Collins
President Of Fedcap, Inc.
$318K
Hrs/Wk
35
Compensation
$296.8K
Related Orgs
$0
Other
$21.2K
Kenneth Brezenoff
Gen Counsel & VP Strat. Init.
$262.2K
Hrs/Wk
1
Compensation
$0
Related Orgs
$243.4K
Other
$18.8K
Kenneth Raisler
Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Martha Sproule
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Nandi Jones-Clement | Sr. Director Of Global Business Dev. | 40 | $224.9K | $0 | $6,943 | $231.8K |
| Dennis Sze | Director Of Financial Operations | 20 | $174.7K | $0 | $34.2K | $208.9K |
| Serena Powell | Executive Director | 40 | $170.6K | $0 | $15.3K | $186K |
| Jacqueline Kosloski | Senior Dir. Of Workforce Dev. | 40 | $160.6K | $0 | $14.8K | $175.4K |
| Silvia Estrada | Sr. Dir Of Workforce Re-entry | 40 | $158.7K | $0 | $14.3K | $172.9K |
Nandi Jones-Clement
Sr. Director Of Global Business Dev.
$231.8K
Hrs/Wk
40
Compensation
$224.9K
Related Orgs
$0
Other
$6,943
Dennis Sze
Director Of Financial Operations
$208.9K
Hrs/Wk
20
Compensation
$174.7K
Related Orgs
$0
Other
$34.2K
Serena Powell
Executive Director
$186K
Hrs/Wk
40
Compensation
$170.6K
Related Orgs
$0
Other
$15.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Michael Weinstein | Board Member | 1 | $0 | $0 | $0 | $0 |
| Ron Torok | Board Member | 1 | $0 | $0 | $0 | $0 |
Michael Weinstein
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ron Torok
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $91.8K |
| -$113.8K |
| 2019 | $1.5M | $0 | $1.5M | $186.7K | $16.4K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
Jacqueline Kosloski
Senior Dir. Of Workforce Dev.
$175.4K
Hrs/Wk
40
Compensation
$160.6K
Related Orgs
$0
Other
$14.8K
Silvia Estrada
Sr. Dir Of Workforce Re-entry
$172.9K
Hrs/Wk
40
Compensation
$158.7K
Related Orgs
$0
Other
$14.3K