Overview
What is Workcred Inc?
Workcred Inc, established in 2014 and affiliated with the American National Standards Institute (ANSI), is a nonprofit organization based in Washington D.C. Its mission is to enhance workforce quality by augmenting the credentialing system, ensuring its relevance, and preparing employers, workers, educators, and governments to utilize it effectively. Workcred actively promotes awareness of competency-based, industry-recognized workforce credentials and supports efforts to enhance the quality, transparency, portability, and market value of these essential tools. Their activities include research services, consulting services, and education/collaborative services, with a team of 5 individuals dedicated to this mission.
Official website here: www.workcred.org
Is Workcred Inc legitimate?
Workcred Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workcred 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $867,110
For more financial information, click here
Official website here: www.workcred.org
What is the mission statement of Workcred Inc?
Workcred Inc's mission is centered around enhancing workforce quality. They aim to achieve this by improving the credentialing system, ensuring its relevance, and preparing various stakeholders, including employers, workers, educators, and governments, to utilize it effectively. Established in 2014, Workcred is an affiliate of the American National Standards Institute (ANSI). The organization is actively engaged in promoting awareness of competency-based, industry-recognized workforce credentials. They also support initiatives to improve the quality, transparency, portability, and market value of these essential tools through their research, consulting, and education services.
Official website here: www.workcred.org
Who is the CEO of Workcred Inc?
Saranjit Bhatia is the Chair & Ceo/President of Workcred Inc. The CEO's salary of Workcred Inc is $0 and their total compensation is $2,799,304.
Official website here: www.workcred.org
What is the revenue of Workcred Inc?
Workcred Inc's revenue in 2022 was $821,058.
Official website here: www.workcred.org
Who are the executives of Workcred Inc and what are their salaries?
The average compensation at Workcred Inc during 2022 was $173,422. There are 5 employees and 7 volunteers at Workcred Inc.
Here are 16 key members and their salaries (Workcred Inc's CEO's salary is $0 and their total compensation is $2,799,304):
- 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: $575,552
- Other: $8,452
- Compensation: $0
- Related: $306,420
- Other: $29,548
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $490,677
- Other: -$895
- Compensation: $0
- Related: $2,061,047
- Other: $738,257
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $103,059
- Related: $0
- Other: $35,051
- Compensation: $219,989
- Related: $0
- Other: $32,549
- Compensation: $161,044
- Related: $0
- Other: $74,195
- Compensation: $311,015
- Related: $0
- Other: $7,920
Official website here: www.workcred.org
Where can I find the form 990 for Workcred Inc?
Workcred Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.workcred.org
Learn more at the official website: www.workcred.org
Mission Statement of Workcred Inc
Workcred Inc, established in 2014 as an affiliate of the American National Standards Institute (ANSI), is committed to enhancing workforce quality. Their mission revolves around improving the credentialing system, ensuring its relevance in the ever-changing job market, and preparing various stakeholders, including employers, workers, educators, and governments, to utilize it effectively. Workcred Inc is actively engaged in numerous activities to promote awareness of competency-based, industry-recognized workforce credentials. Their goal is to improve the quality, transparency, portability, and market value of these essential tools. Besides promoting awareness, Workcred Inc provides research, consulting, and education/collaborative services to support efforts aimed at improving the credentialing system.
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Impact
October, 2024
Workcred Inc plays a pivotal role in enhancing workforce quality through the improvement of credentialing systems. By focusing on the relevance and effectiveness of these systems, Workcred ensures that employers, workers, educators, and governments can utilize credentials to their fullest potential.
Since its establishment in 2014, Workcred has actively engaged in various initiatives aimed at promoting competency-based, industry-recognized workforce credentials. This fosters greater awareness and understanding across sectors about the importance of these credentials in today’s job market.
Workcred's work involves important activities such as research, consulting, and education, all designed to enhance the quality, transparency, portability, and market value of workforce credentials. By empowering stakeholders with the necessary tools and knowledge, Workcred helps create a more skilled and adaptable workforce, ultimately contributing to greater economic stability and growth. Its affiliation with the American National Standards Institute (ANSI) further underscores its commitment to establishing high standards in credentialing.
This information is meant to be a general summary of Workcred 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.
- Program Service Revenue: $821,058
- Gross Receipts: $821,058
Assets and Liabilities:
- Total Assets: $99,627
- Total Liabilities: $6,295,655
- Net Assets: -$6,196,028
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE-BASED PROGRAMS
Revenue
$821,058
Organization Details
Founding Year
2014
Phone
(202) 293-8020Principal Officer
Saranjit Bhatia
Main Address
1899 L STREET NW 11 FL, WASHINGTON, DC, 20036
Website
www.workcred.orgNTEE Category
Code: W99 - Public benefit
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