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FEDCAP INC
NEW YORK, NY · EIN 830837061 · Form 990 · FY2023 · NTEE J22 · Employment · Large ($10M-$50M) · fedcapinc.org
revenue
$30.2M
expenses
$30.7M
net assets
$10.1M
employees
481
program ratio
79%
mission · from form 990

WE SEEK TO IMPROVE THE ECONOMIC WELL-BEING OF INDIVIDUALS & FAMILIES IN NEED.

profile · synthesized from sources

Fedcap Inc. is a workforce development organization that helps individuals facing barriers to employment—such as criminal justice involvement, housing instability, and mental health or substance use challenges—achieve economic well-being through job training, placement, and retention services. Operating primarily in New York City, Washington D.C., and Maine, the organization partners with government agencies and over 6,000 businesses to deliver tailored employment programs. It emphasizes the dignity of work and uses evidence-based interventions to support long-term self-sufficiency.

named programs · 9 · from sources

What they call their work

Career Advance – Criminal Justice Involved (CJI)
Provides supportive services, vocational training, job readiness, and placement for individuals with a history of court involvement in NYC’s five boroughs; includes re-entry workshops and coordination with parole and probation
CareerCompass
Serves adults in the Bronx applying for or receiving cash assistance by assessing skills and connecting them to employment, training, education, internships, or community service opportunities
DC Education and Occupational Training (EOT)
Helps adults in Washington D.C. enhance education and occupational skills through sector-based Career Pathways, soft skills training, and referrals to external education providers
DC Job Placement (JP)
Assists adults in Washington D.C. with employment preparedness and job retention under the TANF program; referrals come from the Department of Health and Human Services
DOC LINK New York City
Jail-based program on Rikers Island offering work readiness and certification training (e.g., OSHA, Custodial Maintenance) to incarcerated adults, along with one-on-one reentry planning and family engagement activities
Fedcap Families (ASPIRE)
Statewide program in Maine under TANF that supports economically disadvantaged families in achieving sustainable employment through access to jobs, education, and community resources
Jobs-Plus
Place-based employment program for New York City Housing Authority residents that offers career services, financial counseling, and community support to increase earnings and reduce public assistance dependency
Veterans Forward
New program launched in Maine to support veterans, service members, and their families with employment and economic stability services
Youth Pathways
Offers education, skills training, case management, and job placement for youth in NYC using a Career Pathways approach aligned with high-demand employment sectors
activities · 6 groups

What they do

  • Workforce Readiness Training 6 activities
    • Annual job placement at scale
      Places nearly 9,000 individuals in jobs annually across its various programs and locations.
    • Job development and employer engagement
      Conducts job development by identifying positions in high-growth sectors and matching participant strengths to local labor market opportunities to support employment placement.
    • Job placement and employment services for individuals receiving public assistance
      Operates programs such as CareerCompass in the Bronx, NY, and provides job placement, education, training, and community service support for adults applying for or receiving Cash Assistance. Offers similar TANF-funded services in Washington, D.C., and Maine (ASPIRE program) to increase work participation and sustainable employment.
    • Job readiness and workforce development training
      Delivers job readiness training using the Power of Possible™ curriculum, including resume preparation, self-esteem building, interviewing, job search techniques, and networking. Also offers basic skills testing, case management, and job placement assistance.
    • Post-employment support and job retention services
      Provides job retention support including transitional services and rapid re-placement to help individuals overcome post-employment barriers and maintain long-term employment.
    • Workforce development for youth and young adults
      Provides education and skills training programs for younger participants to support job entry and long-term employment sustainability.
  • Reentry Support Services 2 activities
    • Incarcerated adult programming and reentry preparation
      Serves approximately 900 incarcerated adults daily on Rikers Island with weekly work readiness workshops, OSHA, custodial maintenance, and flagger certification. Provides one-on-one counseling for post-release reentry planning and organizes family days to strengthen familial connections.
    • Support services for justice-involved individuals
      Provides reentry services, supportive services, educational and vocational training, and job placement for individuals with criminal justice involvement in New York City. Conducts workshops on discussing criminal history with employers, educates about Fair Chance Act rights, and coordinates with parole and probation agencies through the Career Advance – CJI program.
  • Community Resource Navigation and Support Services 1 activity
    • Employment services for public housing residents
      Provides place-based employment services, financial counseling, and community support to working-age New York City Housing Authority residents to help them secure employment and retain more of their earned income.
  • Professional Job Board & Career Placement Services 1 activity
    • Social enterprise operations
      Operates a digital imaging and document management social enterprise that provides business solutions while offering employment opportunities.
  • Veteran Benefits and Reintegration Support 1 activity
    • Specialized services for veterans and military families
      Operates the Veterans Forward Program in Maine to serve veterans, service members, and their families through targeted employment and support services.
  • Supported Employment for Developmental Disabilities 1 activity
    • Vocational assessment and career planning
      Provides vocational assessments through tools like Career Essentials to identify employment preferences, interests, and aptitudes, and develops Comprehensive Service Plans with participant-specific, measurable goals for employment advancement.
financials · form 990 · fy2023
revenue
Total revenue$30.21M
Contributions & grants$102K0%
Program service revenue$30.11M100%
Investment income$00%
Other revenue$0
expenses
Total expenses$30.66M
Program expenses79%
Admin / overhead21%
Fundraising0%
Salaries & benefits$16.38M
Grants paid out$1.54M
Largest expense lineCompensation
balance sheet
Total assets$16.59M
Cash$988K
Investments$0
Liabilities$6.51M
Net assets$10.09M
Liquid reserves0.4 mo
5 years on record · 2019–2023 · YoY revenue -23.3%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 9
NameTitleHours/wkCompensation
CHRISTINE MCMAHON PRESIDENT AND CEO 1 $892K
CAROL KHOURY CFO 1 $348K
GRANT COLLINS PRESIDENT OF FEDCAP, INC. 35 $318K
KENNETH BREZENOFF GEN COUNSEL & VP STRAT. INIT. 1 $262K
NANDI JONES-CLEMENT SR. DIRECTOR OF GLOBAL BUSINESS DEV. 40 $232K
DENNIS SZE DIRECTOR OF FINANCIAL OPERATIONS 20 $209K
SERENA POWELL EXECUTIVE DIRECTOR 40 $186K
JACQUELINE KOSLOSKI SENIOR DIR. OF WORKFORCE DEV. 40 $175K
SILVIA ESTRADA SR. DIR OF WORKFORCE RE-ENTRY 40 $173K
board members · 4
  • KENNETH RAISLER — CHAIR
  • MARTHA SPROULE — TREASURER
  • MICHAEL WEINSTEIN — BOARD MEMBER
  • RON TOROK — BOARD MEMBER
relationships · 16

Who they work with

  • Career Campass Partner — Service location for Youth Pathways in the Bronx.
  • Case Management Support Program Partner — Service location for Youth Pathways in Jamaica, NY.
  • Department of Consumer Affairs/Office of Financial Empowerment Partner — Co-administers the Jobs-Plus program, providing financial counseling and related supports.
  • Human Resources Administration Partner — Lead partner in the Jobs-Plus program, administering career services and work supports in New York City.
  • Human Resources Administration (HRA) Government — Refers adults applying for or receiving Cash Assistance to the CareerCompass program.
  • Maine Government — State government partner administering TANF/ASPIRE program services in collaboration with Fedcap Maine
  • Mayor’s Office for Economic Opportunity Partner — Co-administers the Jobs-Plus program to support employment outcomes for public housing residents.
  • NYC’s Human Resources Administration (HRA) Partner — Refers participants to Fedcap’s Career Advance – Criminal Justice Involved program.
  • New York City Department of Correction Government — Operates within Rikers Island correctional facilities to deliver programming to incarcerated individuals.
  • New York City Housing Authority Partner — Jointly administers the Jobs-Plus program with Fedcap Inc and other city agencies.
  • RikerSMART Partner — Service location for Youth Pathways in New York City.
  • Single Stop USA Partner — Collaborates with Single Stop USA to leverage technology and programmatic expertise for economic mobility and workforce development.
  • The Fedcap Group Network — Fedcap Inc. is a member organization within The Fedcap Group, a global network of agencies.
  • Washington, DC Department of Health and Human Services Government — Refers participants to Fedcap's DC Job Placement program.
  • Youth Pathways Bronx Partner — Service location for Youth Pathways in the Bronx.
  • over 6,000 businesses Partner — Partners with over 6,000 businesses to meet staffing needs and support job placement for individuals with barriers to employment.
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Dignity of Work as Empowerment Mechanism
    methodology: dignity-of-work
    By centering the dignity of work, FEDCAP fosters personal and economic empowerment through employment because individuals are more likely to engage and persist when they experience respect, self-worth, and agency in their job readiness journey.
  • Employer-Driven Workforce Training
    methodology: employer-based_training
    By aligning training programs with specific employer hiring needs, FEDCAP increases employment success because the skills taught are directly applicable to available jobs, reducing skills mismatches and improving job placement.
  • Individualized Career Navigation and Planning
    methodology: individualized career navigation
    By assessing individual skills, experiences, and goals, FEDCAP creates tailored pathways to employment and education because personalized planning addresses unique barriers and increases engagement, retention, and successful outcomes.
  • Modular, Stackable Credentials for Career Advancement
    methodology: modular_stackable_credentials_training
    By offering short-term training that leads to modular and stackable credentials in high-growth industries, FEDCAP enables individuals to enter the workforce quickly and advance over time, because incremental qualifications reduce entry barriers and support long-term career progression.