Workforce Development Corporation
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Creates a skilled workforce and promotes job creation in New York City by providing industrial and construction career training programs for local workers. For fiscal year 2024 it reported $11.6M in revenue, $11.4M in expenses, and $3.7M in net assets.Pt I
Summary of the Filing
Where the work happens
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…
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.
Internship/Apprenticeship
Develop and implement new registered apprenticeships.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Brandan Collins’s $156K as Executive Director Ttp is at the 18th percentile of top reported officer pay among 3682 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2020 |
|---|---|---|---|
| Brandan Collins | $155,596 | — | — |
| Webster Ross | — | — | $149,019 |
| Priscilla Kwak | $145,223 | — | — |
| Chenelle Dennis | $141,657 | $139,050 | $92,305 |
| Jelynne Morse | $140,037 | — | — |
| Lauren Andersen | — | — | $127,299 |
| Jaylene Rubio | $124,477 | — | — |
| Trey Reid | $113,764 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 100% | — | — |
| Overhead ratio | 0% | — | — |
| Revenue growth | 18% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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