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FEDCAP INC

EIN 83-0837061 NEW YORK, NY

Revenue 2024
$27,617,713
Expenses 2024
$29,367,241

Program services were 88.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
J22
Classification
1200
Street
633 THIRD AVE 6TH FL

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • KENNETH RAISLER

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MARTHA SPROULE

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL WEINSTEIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RON TOROK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE MCMAHON

    PRESIDENT AND CEO

    Total calculated
    $894,189
    From this org
    $0
    From related orgs
    $742,054
    Other
    $152,135
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $742,054 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $140,350 related
    Nontaxable benefits
    $0 + $11,785 related
    Filer's total
    $0 + $894,189 related

  • CAROL KHOURY

    CFO

    Total calculated
    $405,031
    From this org
    $0
    From related orgs
    $373,709
    Other
    $31,322
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $373,709 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $28,875 related
    Nontaxable benefits
    $0 + $2,447 related
    Filer's total
    $0 + $405,031 related

  • KENNETH BREZENOFF

    GEN COUNSEL & VP STRAT. INTL.

    Total calculated
    $259,975
    From this org
    $0
    From related orgs
    $241,290
    Other
    $18,685
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $241,290 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $7,500 related
    Nontaxable benefits
    $0 + $11,185 related
    Filer's total
    $0 + $259,975 related

  • GRANT COLLINS

    PRESIDENT OF FEDCAP, INC.

    Total calculated
    $317,708
    From this org
    $296,214
    From related orgs
    $0
    Other
    $21,494
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $296,214
    Bonus
    $0
    Other
    $0
    Deferred
    $9,000
    Nontaxable benefits
    $12,494
    Filer's total
    $317,708

  • SERENA POWELL

    EXECUTIVE DIRECTOR

    Total calculated
    $184,548
    From this org
    $169,350
    From related orgs
    $0
    Other
    $15,198
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,350
    Bonus
    $0
    Other
    $0
    Deferred
    $5,310
    Nontaxable benefits
    $9,888
    Filer's total
    $184,548

  • NANDI JONES-CLEMENT

    SR. DIRECTOR OF GLOBAL BUSINESS DEV.

    Total calculated
    $232,694
    From this org
    $224,908
    From related orgs
    $0
    Other
    $7,786
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,908
    Bonus
    $0
    Other
    $0
    Deferred
    $6,750
    Nontaxable benefits
    $1,036
    Filer's total
    $232,694

  • YAN CHI SZE

    DIRECTOR OF FINANCIAL OPERATIONS

    Total calculated
    $210,085
    From this org
    $172,531
    From related orgs
    $0
    Other
    $37,554
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,531
    Bonus
    $0
    Other
    $0
    Deferred
    $5,460
    Nontaxable benefits
    $32,094
    Filer's total
    $210,085

  • JACQUELINE KOSLOSKI

    SENIOR DIR. OF WORKFORCE DEV.

    Total calculated
    $176,766
    From this org
    $160,421
    From related orgs
    $0
    Other
    $16,345
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,421
    Bonus
    $0
    Other
    $0
    Deferred
    $4,890
    Nontaxable benefits
    $11,455
    Filer's total
    $176,766

  • AARON KAMINSKI

    DIRECTOR OF SOFTWARE ENG

    Total calculated
    $193,156
    From this org
    $156,202
    From related orgs
    $0
    Other
    $36,954
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,202
    Bonus
    $0
    Other
    $0
    Deferred
    $4,926
    Nontaxable benefits
    $32,028
    Filer's total
    $193,156

  • CARLA SMITH

    DIRECTOR OF OFFICE ADMIN.

    Total calculated
    $161,025
    From this org
    $155,381
    From related orgs
    $0
    Other
    $5,644
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,381
    Bonus
    $0
    Other
    $0
    Deferred
    $4,657
    Nontaxable benefits
    $987
    Filer's total
    $161,025

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 — 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $27,617,713
    Expenses
    $29,367,241
    Contributions
    $116,884
    Grants paid
    $1,304,478
  • 2023
    Revenue
    $30,212,738
    Expenses
    $30,664,006
    Contributions
    $102,056
    Grants paid
    $1,535,524
  • 2022
    Revenue
    $39,407,444
    Expenses
    $33,328,578
    Contributions
    $227,707
    Grants paid
    $1,722,674

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

The first 25 as filed. The return lists every one.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.