Overview
What is Fedcap Rehabilitation Services Inc?
Fedcap Rehabilitation Services Inc, a Manhattan-based non-profit organization, focuses on creating opportunities for individuals who encounter obstacles to economic well-being. They achieve this mission through the provision of vocational training and employment resources. The organization is dedicated to empowering people, enabling them to overcome employment barriers and build fulfilling careers.
Official website here: www.fedcap.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Fedcap Rehabilitation Services Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on the Accountability & Finance beacon, showcasing the organization's commitment to financial transparency and responsible management. The score indicates that Fedcap is performing well in terms of accountability, with a focus on maintaining independent oversight and adhering to best practices in financial reporting.
The organization exhibits strong governance, evidenced by its fully independent board and comprehensive audit practices. Fedcap has scored well in several critical areas, including having no material diversion of assets and maintaining a robust set of policies concerning conflict of interest and whistleblowing. These strengths highlight the organization's dedication to ethical operational practices and effective oversight.
However, it is worth noting the lower score in the Liabilities to Assets ratio, which could raise concerns about financial stability. This area scored zero out of 15 points, indicating potential issues that may need to be addressed. Overall, while Fedcap Rehabilitation Services Inc demonstrates a solid commitment to accountability and operational integrity, stakeholders should consider the implications of its financial liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is Fedcap Rehabilitation Services Inc legitimate?
Fedcap Rehabilitation Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fedcap Rehabilitation Services 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $807,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,898,428
For more financial information, click here
Official website here: www.fedcap.org
What is the mission statement of Fedcap Rehabilitation Services Inc?
Fedcap Rehabilitation Services is a not-for-profit organization dedicated to creating opportunities for individuals facing economic barriers to employment. Through its mission, the organization offers vocational training and essential resources to help overcome employment challenges. By providing these services, Fedcap empowers individuals to improve their economic well-being and work towards self-sufficiency. The organization's commitment extends beyond vocational training, as it strives to ensure the people it serves have the necessary skills and support to secure and maintain employment. Fedcap's focus on addressing employment barriers is essential in fostering a more inclusive workforce and helping individuals reach their full potential.
Official website here: www.fedcap.org
Who is the CEO of Fedcap Rehabilitation Services Inc?
Christine Mcmahon is the President & Ceo, Fedcap Group of Fedcap Rehabilitation Services Inc. The CEO's salary of Fedcap Rehabilitation Services Inc is $586,943 and their total compensation is $755,901.
Official website here: www.fedcap.org
What is the revenue of Fedcap Rehabilitation Services Inc?
Fedcap Rehabilitation Services Inc's revenue in 2022 was $140,007,796.
Official website here: www.fedcap.org
Who are the executives of Fedcap Rehabilitation Services Inc and what are their salaries?
The average compensation at Fedcap Rehabilitation Services Inc during 2022 was $33,604. There are 1747 employees and 15 volunteers at Fedcap Rehabilitation Services Inc.
Here are 16 key members and their salaries (Fedcap Rehabilitation Services Inc's CEO's salary is $586,943 and their total compensation is $755,901):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $586,943
- Related: $0
- Other: $168,958
- Compensation: $261,181
- Related: $0
- Other: $9,173
- Compensation: $271,616
- Related: $0
- Other: $27,193
- Compensation: $199,905
- Related: $0
- Other: $8,151
- Compensation: $196,553
- Related: $0
- Other: $15,894
- Compensation: $213,865
- Related: $0
- Other: $70
- Compensation: $206,256
- Related: $0
- Other: $136
- Compensation: $193,320
- Related: $0
- Other: $13,273
- Compensation: $256,392
- Related: $0
- Other: $18,182
Official website here: www.fedcap.org
Where can I find the form 990 for Fedcap Rehabilitation Services Inc?
Fedcap Rehabilitation Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fedcap.org
Learn more at the official website: www.fedcap.org
Mission Statement of Fedcap Rehabilitation Services Inc
Fedcap Rehabilitation Services, a notable not-for-profit organization, is committed to creating opportunities for individuals facing economic barriers to well-being. By providing essential vocational training and valuable employment resources, the organization bridges the gap to employment for those who may otherwise struggle to secure gainful employment.
In the heart of Manhattan, Fedcap Rehabilitation Services operates as a beacon of hope for individuals seeking to overcome employment obstacles. The organization's mission is twofold: to offer comprehensive vocational training and to connect individuals to valuable employment opportunities. By doing so, Fedcap empowers its clients to build the skills and confidence needed to thrive in the workforce and ultimately, improve their economic well-being.
Fedcap's team of dedicated professionals works tirelessly to assess the unique needs of each individual and design a customized training program tailored to their goals and abilities. Through innovative training methods and hands-on learning experiences, Fedcap equips its clients with the necessary skills to succeed in a variety of industries.
Once training is complete, the organization's employment services team steps in to help clients navigate the job market. By providing access to a wide range of resources and job listings, Fedcap increases the chances of successful employment for its clients. The organization also offers ongoing support and guidance to help individuals adjust to their new roles and responsibilities.
In summary, Fedcap Rehabilitation Services' mission is to empower individuals facing economic barriers to well-being by offering comprehensive vocational training and valuable employment resources. Through its personalized approach and commitment to success, the organization opens doors to a brighter future for countless individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Fedcap Rehabilitation Services Inc. significantly impacts the lives of individuals facing barriers to economic well-being by providing vocational training and employment resources. Based in Manhattan, the organization focuses on creating opportunities for people who encounter challenges in securing stable employment. Its programs are designed to empower individuals with the skills and support necessary to succeed in the workforce, helping them achieve greater financial independence and personal fulfillment. By addressing the specific needs of those with obstacles to employment, Fedcap plays a vital role in enhancing the overall economic health of the community and promoting inclusivity in the labor market.
This information is meant to be a general summary of Fedcap Rehabilitation Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $700,594
- Program Service Revenue: $124,837,001
- Gross Receipts: $140,007,796
Assets and Liabilities:
- Total Assets: $185,751,602
- Total Liabilities: $155,306,866
- Net Assets: $30,444,736
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT AND FACILITIES SERVICES
Revenue
$90,831,496
APEX TECH TUITION REVENUE
Revenue
$18,412,611
REHAB AND VOCATIONAL PROGRAMS
Revenue
$15,305,646
CAREER DESIGN SCHOOL TUITION
Revenue
$287,248
Organization Details
Founding Year
1935
Phone
(212) 727-4200Principal Officer
Christine Mcmahon
Main Address
633 THIRD AVENUE 6TH FL, NEW YORK, NY, 10017
Website
www.fedcap.orgNTEE Category
Code: J30 - Employment
If you are a representative of Fedcap Rehabilitation Services 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.