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Nonprofiteer
← WORKFORCE DEVELOPMENT CORP

Form 990 for tax year 2024

Filed by WORKFORCE DEVELOPMENT CORP.

Totals

Total revenue
$11,637,955
Total expenses
$11,394,949
Contributions and grants received
$11,333,593
Grants paid
$6,812,284
Program service revenue
$0
Investment income
$303,521
Other revenue
$841
Total assets, end of year
$16,897,371
Total liabilities, end of year
$13,153,280
Net assets or fund balances, end of year
$3,744,091
Program services expenses (Part IX)
$11,384,804
Management and general expenses
$10,145
Fundraising expenses
$0
Program service expenses (Part III)
$11,384,804

Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $11,063,417

  • 1f · All other contributions, gifts and grants

    $270,176

  • 3 · Investment income

    total $303,521 · related or exempt $303,521

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Other Income

    total $841 · related or exempt $841

  • 11e · Other revenue, total

    $841

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,812,284 · program services $6,812,284

  • 7 · Other salaries and wages

    total $3,339,191 · program services $3,339,191

  • 10 · Payroll taxes

    total $1,009,096 · program services $1,009,096

  • 11c · Fees: accounting

    total $13,174 · program services $13,174

  • 11g · Fees: other

    total $131,314 · program services $131,314

  • 12 · Advertising and promotion

    total $4,179 · program services $4,179

  • 13 · Office expenses

    total $1,919 · management and general $1,919

  • 14 · Information technology

    total $8,737 · program services $1,896 · management and general $6,841

  • 17 · Travel

    total $1,384 · program services $1,384

  • 19 · Conferences, conventions and meetings

    total $9,713 · program services $9,713

  • 23 · Insurance

    total $11,342 · program services $11,342

  • 24a · Other expenses: Payroll processing

    total $31,970 · program services $31,970

  • 24b · Other expenses: Subscription & dues

    total $13,990 · program services $12,691 · management and general $1,299

  • 24c · Other expenses: Staff training & professiona

    total $4,450 · program services $4,450

  • 24d · Other expenses: Employee commuter benefit ad

    total $1,345 · program services $1,345

  • 24e · All other expenses

    total $861 · program services $775 · management and general $86

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,770,716 · end of year $10,409,800

  • 3 · Pledges and grants receivable

    beginning of year $5,649,329 · end of year $6,480,411

  • 4 · Accounts receivable

    beginning of year $20 · end of year $218

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,736 · end of year $6,942

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,548,822 · end of year $3,279,729

  • 19 · Deferred revenue

    beginning of year $2,371,894 · end of year $9,873,551

  • 27 · Net assets without donor restrictions

    beginning of year $316,796 · end of year $611,013

  • 28 · Net assets with donor restrictions

    beginning of year $3,184,289 · end of year $3,133,078

Mission and programs · 2024

Mission

Promote workforce development and job creation through activities specifically designed to create skilled workforce in the City of New York.

  • Workforce Training Programs: Workforce training programs include Employer-based training, Food and Beverage Industry partnership, Sector based training, Cannabis OJT, Media and Entertainment training, Manufacturing Industry Partnership, and Tech Industry partnerships - Through major funding source from EDC, the Organization helped connect New Yorkers to sector-based occupational skills training and internship opportunities, and then to full-time jobs. In addition, the organization helped businesses increase their competitiveness by providing skills training for their workers, which also yielded higher wages and transferrable skills for the workers.

    Expenses $6,337,110

  • Business Services: WDC collaborated with an organization to conduct a comprehensive national landscape study and analysis. This study aimed to provide insights to guide New York Citys strategy in fostering equitable development within the emerging legal cannabis industry. The findings from this study will subsequently inform the design and implementation of training programs tailored to this field.

    Expenses $2,172,211

  • Internship/Apprenticeship: Develop and implement new registered apprenticeships.

    Expenses $1,426,102

  • PINCC:Pathways to Industrial and Construction Careers (PINCC) is a new program, funded by the U.S Economic Development Agency under the Good Jobs Challenge Initiative. In the wake of the COVID-19 pandemic, the Good Jobs Challenge was created to meet the needs of both American workers and industry by breaking down silos in workforce training systems. By bringing workforce stakeholders together in every step of the process, the Good Jobs Challenge is placing people into quality jobs and spurring equitable economic growth.

    Expenses $905,044

  • Healthcare Industry Partnership Program:Through NYACH programming, the Organization helped connect low income and unemployed New Yorkers to health care occupational skills training and internship opportunities, and then to full time jobs. In addition, the organization helped develop healthcare training curriculum better aligned to the needs of the employer.

    Expenses $445,764

  • People With Disabilities Program:A co-design program approach to developing and then implementing services that are specifically designed to: 1) empower individuals with disabilities to enter and succeed in the labor market; and 2)equip employers with the tools and strategies necessary to enhance the inclusivity and accessibility of their workplaces.

    Expenses $98,573

As filed on the 2024 return.

Listed in Part VII

  • Brandan Collins

    Executive Director TTP

    Total calculated
    $155,596
    From this org
    $155,596
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $155,596
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $155,596

  • Priscilla Kwak

    Managing Dir Strategic Initiatives

    Total calculated
    $145,223
    From this org
    $145,223
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Chenelle Dennis

    Executive Director

    Total calculated
    $141,657
    From this org
    $141,657
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

  • Jelynne Morse

    Senior Product Researcher

    Total calculated
    $140,037
    From this org
    $140,037
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Jaylene Rubio

    UXUI Designer

    Total calculated
    $124,477
    From this org
    $124,477
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Trey Reid

    Director Construction

    Total calculated
    $113,764
    From this org
    $113,764
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Chris Neal

    Senior Advisor

    Total calculated
    $0
    Hours/week
    0.5

  • David Berman

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Calvin Brown

    Deputy Commissioner

    Total calculated
    $0
    Hours/week
    0.5

  • Abby Jo Sigal

    Executive Director

    Total calculated
    $0
    Hours/week
    0.5

  • Anthony Dellolio

    General Counsel

    Total calculated
    $0
    Hours/week
    0.5

  • Dynishal Gross

    Commissioner

    Total calculated
    $0
    Hours/week
    0.5

  • Leah Hebert

    Deputy Director

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Forte

    Executive Deputy Commissioner

    Total calculated
    $0
    Hours/week
    0.5

  • Yurij Pawluk

    Deputy Commissioner

    Total calculated
    $0
    Hours/week
    0.5

  • Narda Amarilla

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
27 May 2026
IRS schema version
2024v5.2
Source object
202621779349301202

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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