NonprofitsFedcap Inc

Employment

Fedcap Inc

NEW YORK, NY

Total revenue

$30.2M

Total expenses

$30.7M

Net assets

$10.1M

Grants received

$21K

3 grants

EIN

830837061

Tax year

2023

Mission

We seek to improve the economic well-being of individuals & families in need.

Financials

FY 2023

Revenue

Contributions & grants$102K
Program service revenue$30.1M
Investment income
Other revenue
Total revenue$30.2M

Expenses

Grants paid$1.5M
Salaries & benefits$16.4M
Fundraising
Other expenses$12.7M
Total expenses$30.7M
Total assets$16.6M
Net assets$10.1M

People

13 listed

NameRoleCompensation

GRANT COLLINS

PRESIDENT OF FEDCAP, INC.

Board

$297K

35 hrs/wk

KENNETH RAISLER

CHAIR

Board

1 hrs/wk

KENNETH BREZENOFF

GEN COUNSEL & VP STRAT. INIT.

Board

1 hrs/wk

MARTHA SPROULE

TREASURER

Board

1 hrs/wk

MICHAEL WEINSTEIN

BOARD MEMBER

Board

1 hrs/wk

RON TOROK

BOARD MEMBER

Board

1 hrs/wk

CHRISTINE MCMAHON

PRESIDENT AND CEO

Board

1 hrs/wk

CAROL KHOURY

CFO

Board

1 hrs/wk

NANDI JONES-CLEMENT

SR. DIRECTOR OF GLOBAL BUSINESS DEV.

Staff

$225K

40 hrs/wk

DENNIS SZE

DIRECTOR OF FINANCIAL OPERATIONS

Staff

$175K

20 hrs/wk

SERENA POWELL

EXECUTIVE DIRECTOR

Staff

$171K

40 hrs/wk

JACQUELINE KOSLOSKI

SENIOR DIR. OF WORKFORCE DEV.

Staff

$161K

40 hrs/wk

SILVIA ESTRADA

SR. DIR OF WORKFORCE RE-ENTRY

Staff

$159K

40 hrs/wk

Independent contractors

VERRILL

LEGAL SERVICES

$185K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$5K
HEALTH CARE
2020

Funded by

$21K from 3 funders · 3 grants · 2020–2022

The Marc Haas Foundation Inc

$10K · 1 grant · 2020

Wunsch Foundation Inc

$5K · 1 grant · 2020

Details

EIN830837061
NTEE codeJ22
Subsection03
Ruling date2019-02
Formed2018
Employees481
Volunteers0
FEDCAP INC — Mission, Financials & Grants Received | Grantivo