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Fedcap Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830837061 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Fedcap Inc?

Fedcap Inc is a nonprofit organization dedicated to making significant, long-lasting improvements in the economic well-being of individuals and families. Their mission is to create sustainable changes through work, focusing on those in need. By providing resources and opportunities, Fedcap, Inc. empowers people to enhance their financial situation and transform their lives.


Official website here: www.fedcapinc.org

Is Fedcap Inc legitimate?

Fedcap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fedcap Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $320,481
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,761,567

For more financial information, click here


Official website here: www.fedcapinc.org

What is the mission statement of Fedcap Inc?

Fedcap Inc is committed to making significant and enduring improvements in the economic well-being of individuals and their families. Through their work, they strive to bring about high-impact, transformative changes that empower people in need. Their mission is to enhance the economic stability of these individuals, enabling them to lead more fulfilling lives. Fedcap Inc's efforts encompass a wide range of initiatives aimed at helping people overcome economic challenges and achieve sustainable growth. Their focus on work-based solutions underscores their dedication to fostering self-sufficiency and promoting long-term success.


Official website here: www.fedcapinc.org

Who is the CEO of Fedcap Inc?

Christine Mcmahon is the President And Ceo of Fedcap Inc. The CEO's salary of Fedcap Inc is $0 and their total compensation is $755,901.


Official website here: www.fedcapinc.org

What is the revenue of Fedcap Inc?

Fedcap Inc's revenue in 2022 was $25,391,082.


Official website here: www.fedcapinc.org

Who are the executives of Fedcap Inc and what are their salaries?

Here are 14 key members and their salaries (Fedcap Inc's CEO's salary is $0 and their total compensation is $755,901):

    Christine Mcmahon (President And Ceo)
  • Compensation: $0
  • Related: $586,943
  • Other: $168,958

    • Carol Khoury (Cfo)
  • Compensation: $0
  • Related: $271,616
  • Other: $27,193

    • Grant Collins (President Of Fedcap, Inc.)
  • Compensation: $0
  • Related: $256,392
  • Other: $18,182

    • Kenneth Brezenoff (Gen Counsel & Vp Strat. Init.)
  • Compensation: $0
  • Related: $199,905
  • Other: $8,151

    • Jacqueline Kosloski (Senior Director)
  • Compensation: $0
  • Related: $193,320
  • Other: $13,273

    • Dennis Sze (Director Of Finance)
  • Compensation: $0
  • Related: $169,284
  • Other: $31,713

    • Kelly Washburn (Senior Dir. Of Workforce Oper.)
  • Compensation: $0
  • Related: $152,085
  • Other: $15,364

    • Serena Powell (Executive Director)
  • Compensation: $0
  • Related: $151,994
  • Other: $14,906

    • Robert Reiter (Director Of Vocab Rehab Svc)
  • Compensation: $0
  • Related: $130,445
  • Other: $26,907

    • Carla Smith (Dir. Of Office Admin. & Personnel)
  • Compensation: $0
  • Related: $144,915
  • Other: $794

    • Kenneth Raisler (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Sproule (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Weinstein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Torok (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fedcapinc.org

    Where can I find the form 990 for Fedcap Inc?

    The Fedcap Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fedcapinc.org

    Learn more at the official website: www.fedcapinc.org

    Mission Statement of Fedcap Inc

    Fedcap Inc, a renowned nonprofit organization, is dedicated to making substantial, enduring improvements in the economic well-being of individuals and families in need. Through their mission, they strive to create life-changing opportunities for people to enhance their livelihoods and secure a sustainable future.

    In pursuit of this goal, Fedcap, Inc. focuses on empowering individuals to maximize their potential and overcome economic hardships. By providing them with the necessary tools and resources, this organization seeks to help people achieve self-sufficiency and break free from cycles of poverty.

    Fedcap, Inc.'s approach is grounded in the belief that everyone deserves the chance to better their economic situation. By offering high outcome programs, they aim to deliver meaningful and lasting differences in people's lives. The organization's commitment to making a difference is unwavering, as they work tirelessly to improve the economic well-being of those most in need.

    Impact

    This information is meant to be a general summary of Fedcap Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Fedcap Inc's impact lies in its ability to make high outcome, life-changing, sustainable differences for individuals and families, ultimately improving their economic well-being through work. By focusing on empowering those in need to achieve economic stability, Fedcap Inc plays a crucial role in addressing key societal challenges related to employment and financial security. The organization's commitment to creating lasting positive change for individuals and families makes it a vital player in the efforts to enhance economic opportunities and foster self-sufficiency among underserved populations.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $23,667,706
  • Gross Receipts: $25,391,082

    • Assets and Liabilities:
  • Total Assets: $9,225,372
  • Total Liabilities: $4,769,002
  • Net Assets: $4,456,370
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    REHAB AND VOCATIONAL PROGRAMS

    Revenue

    $23,667,706

    Organization Details

    Founding Year

    2018

    Principal Officer

    Christine Mcmahon

    Main Address

    633 THIRD AVE 6TH FL, NEW YORK, NY, 10017

    NTEE Category

    Code: J22 - Employment

    If you are a representative of Fedcap Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.