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The Fedcap Group Inc

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

EIN: 830765672 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Fedcap Group Inc?

The Fedcap Group Inc is a dedicated nonprofit organization, headquartered with a mission to enhance the lives of individuals encountering challenges in achieving economic prosperity. By generating innovative, scalable, and cutting-edge solutions, the group addresses pressing societal issues. The organization is committed to refining its abilities, human resources, and technology to adapt to shifting market requirements. The Fedcap Group's primary objective is to create a positive impact on people facing barriers to financial stability, continually striving to make a difference in their lives.


Official website here: www.fedcapgroup.org/

Is The Fedcap Group Inc legitimate?

The Fedcap Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fedcap Group 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: $1,187,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,043,892

For more financial information, click here


Official website here: www.fedcapgroup.org/

What is the mission statement of The Fedcap Group Inc?

The Fedcap Group, a organization dedicated to improving lives, is committed to tackling barriers to economic well-being. They specialize in creating scalable, innovative, and potentially disruptive solutions to address pressing societal issues. The group is continually enhancing its capabilities, talent, and technology to adapt to changing market demands. The primary objective of The Fedcap Group is to significantly improve the lives of individuals facing economic challenges.


Official website here: www.fedcapgroup.org/

Who is the CEO of The Fedcap Group Inc?

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


Official website here: www.fedcapgroup.org/

What is the revenue of The Fedcap Group Inc?

The Fedcap Group Inc's revenue in 2022 was $8,832,900.


Official website here: www.fedcapgroup.org/

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


Here are 12 key members and their salaries (The Fedcap Group Inc's CEO's salary is $0 and their total compensation is $755,901):


Mark O'Donoghue (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Morgen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Samuels (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Landau (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Cooper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Mcmahon (President & Ceo Of Fedcap)
  • Compensation: $0
  • Related: $586,943
  • Other: $168,958
Carol Khoury (Cfo Of Fedcap)
  • Compensation: $0
  • Related: $291,616
  • Other: $27,193
Kenneth Brezenoff (Gen. Counsel & Vp Strat. Init.)
  • Compensation: $0
  • Related: $199,905
  • Other: $8,151
Tammy Mickelson (Chief Information Officer)
  • Compensation: $0
  • Related: $196,553
  • Other: $15,894
Grant Collins (Svp Workforce Development)
  • Compensation: $0
  • Related: $256,392
  • Other: $18,182
Steven Coons (President, Fedcap Rehabilitation)
  • Compensation: $0
  • Related: $261,181
  • Other: $9,173
Lyell Ritchie (Svp, Business Development)
  • Compensation: $0
  • Related: $195,497
  • Other: $21,889


Official website here: www.fedcapgroup.org/

Where can I find the form 990 for The Fedcap Group Inc?

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


Official website here: www.fedcapgroup.org/

Learn more at the official website: www.fedcapgroup.org/

Mission Statement of The Fedcap Group Inc

The Fedcap Group, a notable organization, is dedicated to enhancing the lives of individuals facing barriers to economic prosperity. With a mission that is both far-reaching and forward-thinking, The Fedcap Group aims to create impactful, scalable, and innovative solutions to address some of society's most pressing issues. The organization is committed to constant evolution, continuously refining its capabilities, talent, and technology to stay in tune with the shifting demands of the market. The ultimate goal is to improve the overall well-being of people who face economic challenges, thereby contributing to a more equitable and prosperous society.

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Impact




July, 2024

The Fedcap Group Inc is dedicated to improving the lives of individuals facing barriers to economic well-being. Through scalable, innovative, and potentially disruptive solutions, they address society's pressing needs. By continually refining their capabilities, talent, and technology, The Fedcap Group ensures they can meet evolving market demands and make a meaningful impact in the lives of those they serve.




This information is meant to be a general summary of The Fedcap Group 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.

Revenue
$8,832,900 (2022)
Expenses
$15,387,565 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40
  • Program Service Revenue: $207,847
  • Gross Receipts: $9,049,044

Assets and Liabilities:

  • Total Assets: $191,700
  • Total Liabilities: $8,562,803
  • Net Assets: -$8,371,103

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Programs

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

REHAB AND VOCATIONAL PROGRAMS

Revenue

$207,847

Organization Details

Founding Year

2018

Principal Officer

Christine Mcmahon

Main Address

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

NTEE Category

Code: J02 - Employment

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