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OUR MISSION IS TO CREATE OPPORTUNITIES FOR PEOPLE WITH BARRIERS TO ECONOMIC WELL-BEING.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$106M
Program Spending
88%
of total expenses go to program services
Total Contributions
$1.2M
Total Expenses
▼$107.2M
Total Assets
$128.4M
Total Liabilities
▼$91.3M
Net Assets
$37.1M
Officer Compensation
→$379.1K
Other Salaries
$46.2M
Investment Income
$2,264
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$936.8K
Awards Found
1
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
6
Clean Audits
5
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2021 | Clean | Unmodified (Clean) | $26.2M | No | 2022-08-03 |
| 2020 | Clean | Unmodified (Clean) | $28.4M | No | 2021-12-22 |
| 2019 | Clean | Unmodified (Clean) | $27.3M | No | 2021-03-04 |
| 2018 | Clean | Unmodified (Clean) | $47.7M | No | 2020-02-25 |
| 2017 | Minor Findings | Unmodified (Clean) | $42.4M | Yes | 2018-06-29 |
| 2016 | Clean | Unmodified (Clean) | $74.9M | Yes | 2017-06-29 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$26.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$28.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$27.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$47.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$42.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$74.9M
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $106M | $1.2M | $107.2M | $128.4M | $37.1M |
| 2022IRS e-File | $103.3M | $1.3M | $97M | $127.7M | $38.3M |
| 2021 | $151.1M | $1.1M | $152.4M | $145.4M | $30.7M |
| 2020 | $147.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Christine Mcmahon | President & Ceo, Fedcap Group | 4 | $0 | $740.4K | $151.6K | $891.9K |
| Steven Coons | President, Fedcap Rehab | 40 | $378.3K | $0 | $10.3K | $388.6K |
| Carol Khoury | CFO | 1 | $0 | $339.4K | $8,517 | $347.9K |
| Kenneth Brezenoff | Gen. Counsel & VP Strat. Init. | 1 | $0 | $243.4K | $18.8K | $262.2K |
| Laurence Ach | Co-chair | 1 | $0 | $0 | $0 | $0 |
| Peter Panken | Co-chair | 1 | $0 | $0 | $0 | $0 |
| Nancy Settergren | Treasurer | 1 | $0 | $0 | $0 | $0 |
Christine Mcmahon
President & Ceo, Fedcap Group
$891.9K
Hrs/Wk
4
Compensation
$0
Related Orgs
$740.4K
Other
$151.6K
Steven Coons
President, Fedcap Rehab
$388.6K
Hrs/Wk
40
Compensation
$378.3K
Related Orgs
$0
Other
$10.3K
Carol Khoury
CFO
$347.9K
Hrs/Wk
1
Compensation
$0
Related Orgs
$339.4K
Other
$8,517
Kenneth Brezenoff
Gen. Counsel & VP Strat. Init.
$262.2K
Hrs/Wk
1
Compensation
$0
Related Orgs
$243.4K
Other
$18.8K
Laurence Ach
Co-chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Peter Panken
Co-chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Nancy Settergren
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Jerry Ferdinand | Assistant Chief Engineer | 40 | $203.2K | $0 | $171 | $203.4K |
| Krzysztof Bodziuch | Chief Engineer | 40 | $194.3K | $0 | $237 | $194.5K |
| Daniel Kazalski | Engineer | 40 | $187.9K | $0 | $171 |
Jerry Ferdinand
Assistant Chief Engineer
$203.4K
Hrs/Wk
40
Compensation
$203.2K
Related Orgs
$0
Other
$171
Krzysztof Bodziuch
Chief Engineer
$194.5K
Hrs/Wk
40
Compensation
$194.3K
Related Orgs
$0
Other
$237
Daniel Kazalski
Engineer
$188K
Hrs/Wk
40
Compensation
$187.9K
Related Orgs
$0
Other
$171
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Janice Oursler Phd | Board Member | 1 | $0 | $0 | $0 | $0 |
| Karen Milton | Board Member (as Of 11/2023) | 1 | $0 | $0 | $0 | $0 |
| Malvina Kay | Board Member | 1 | $0 | $0 | $0 | $0 |
| Paul Davis | Board Member | 1 | $0 | $0 | $0 | $0 |
| Peter Aschkenasy | Board Member | 1 | $0 | $0 | $0 | $0 |
Janice Oursler Phd
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Karen Milton
Board Member (as Of 11/2023)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Malvina Kay
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $1.6M |
| $145.2M |
| $141.7M |
| $30.8M |
| 2019 | $183.7M | $3.4M | $181.7M | $142.6M | $28.5M |
| 2018 | $200.7M | $1.4M | $209.9M | $137.1M | $26.6M |
| 2017 | $190.8M | $1.9M | $192.5M | $133.7M | $35.3M |
| 2016 | $177.8M | $884.5K | $177.5M | $130.4M | $36.1M |
| 2015 | $153.6M | $2.3M | $153.5M | $128.7M | $35.8M |
| 2014 | $148.7M | $1.2M | $132.6M | $111.8M | $35.8M |
| 2013 | $117M | $2.3M | $116.3M | $41.1M | $19.7M |
| 2012 | $86.8M | $942.2K | $86.6M | $33.1M | $18.9M |
| 2011 | $82.3M | $736.3K | $82.3M | $28.2M | $18.7M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $188K |
| George Rios | Director Of Operations | 40 | $180K | $0 | $171 | $180.2K |
| Terrence Samways | Engineer | 40 | $179.2K | $0 | $171 | $179.4K |
George Rios
Director Of Operations
$180.2K
Hrs/Wk
40
Compensation
$180K
Related Orgs
$0
Other
$171
Terrence Samways
Engineer
$179.4K
Hrs/Wk
40
Compensation
$179.2K
Related Orgs
$0
Other
$171
Paul Davis
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Peter Aschkenasy
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0