NonprofitsWorkcred Inc

Public & Societal Benefit

Workcred Inc

NEW YORK, NY

Total revenue

$1.1M

Total expenses

$2.1M

Net assets

Grants received

$1.4M

6 grants

EIN

471467778

Tax year

2024

Mission

Workcred's mission is to strengthen workforce quality by improving the credentialing system, ensuring its ongoing relevance, and preparing employers, workers, educators, and governments to use it effectively.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.1M
Investment income
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$838K
Total expenses$2.1M
Total assets$264K
Net assets

People

16 listed

NameRoleCompensation

FRANCES SCHROTTER

DIRECTOR/SVP, COO

Board

2 hrs/wk

GEORGE WESTERMAN

DIRECTOR

Board

2 hrs/wk

JOHN KESSLER

DIRECTOR

Board

2 hrs/wk

LAWRENCE LYNCH

DIRECTOR

Board

2 hrs/wk

ANDREW UPDEGROVE

DIRECTOR

Board

2 hrs/wk

SARAH DEMARK

DIRECTOR

Board

2 hrs/wk

SARANJIT BHATIA

CHAIR & CEO/PRESIDENT

Board

2 hrs/wk

GAIL MATTHEWS

DIR/ SEC ASSOCIATE GENERAL

Board

2 hrs/wk

MARGARET JENSEN

DIRECTOR/SVP, CFO/TREASURER

Board

2 hrs/wk

BETH OFFENHARTZ CARLSON

DIRECTOR

Board

2 hrs/wk

CYNTHIA DOMINICK WOODLEY

DIRECTOR

Board

2 hrs/wk

ELIZABETH MENDEZ

DIRECTOR (OUTGOING)

Board

2 hrs/wk

ROY SWIFT

EXECUTIVE DIRECTOR

Staff

$336K

40 hrs/wk

KAREN ELZEY

ASSOCIATE EXECUTIVE DIRECT

Staff

$238K

40 hrs/wk

LAURA CARDENAS-NAVIA

DIRECTOR RESEARCH

Staff

$182K

40 hrs/wk

JANET FELTS FORTE

SENIOR MANAGER OPERATIONS

Staff

$126K

40 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$250K
OPERATING GRANT
2024
$117K
TO SUPPORT PROCESSES AND POLICIES FOR LOW-INCOME AND FIRST-GENERATION LEARNERS TO COMPLETE INDUSTRY CERTIFICATE/DEGREE PATHWAYS.
2023
$75K
OPERATING GRANT
2023
$758K
CAREER READINESS
2022
$70K
TO SUPPORT PROCESSES AND POLICIES FOR LOW-INCOME AND FIRST-GENERATION LEARNERS TO COMPLETE INDUSTRY CERTIFICATE/DEGREE PATHWAYS.
2022

Funded by

$1.4M from 4 funders · 6 grants · 2017–2024

Ecmc Foundation

$758K · 1 grant · 2022

Strada Education Foundation Inc

$325K · 2 grants · 2023–2024

Greater Texas Foundation

$187K · 2 grants · 2022–2023

The George Washington University

$114K · 1 grant · 2017

Details

EIN471467778
NTEE codeW99
Subsection03
Ruling date2015-04
Formed2014
Employees6
Volunteers7
WORKCRED INC — Mission, Financials & Grants Received | Grantivo