Workforce Development Corporation

NEW YORK, NY EIN: 13-3632018

Workforce Development Corporation (also known as Downtown Brooklyn Training Employment Council) is a 501(c)(3) nonprofit organization based in New York City. Founded in 1991 and tax-exempt since September 1992, the organization operates from 1 Liberty Plaza, Floor 11 in New York City. The organization employs 40 staff members and focuses on workforce development and job creation initiatives throughout New York City.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.4M

-29.4% YoY

Annual Giving

$5.9M

+2.7% YoY

Grant Count

60

-9.1% YoY

Avg Grant Size

$98K

+13.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The organization's mission is to promote workforce development and job creation through activities specifically designed to create a skilled workforce in New York City.

Primary Program Areas

Workforce Training Programs represent the organization's largest initiative, encompassing:

  • Employer-based training
  • Food and Beverage Industry partnership
  • Sector-based training
  • Jamaica Now Action Plan
  • Media and Entertainment training
  • Manufacturing Industry Partnership
  • Tech Industry partnerships

Through major funding from the Economic Development Corporation (EDC), the organization connects New Yorkers to sector-based occupational skills training and internship opportunities, leading to full-time employment. The organization also works with businesses to increase competitiveness through worker skills training, resulting in higher wages and transferrable skills for workers.

Healthcare Industry Partnership connects low-income and unemployed New Yorkers to healthcare occupational skills training and internship opportunities. The organization has also developed healthcare training curriculum through NYACH programming.

Business Services includes collaborative efforts to conduct comprehensive landscape studies and support business development.

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Geographic Focus

Where this funder awards grants

The organization operates primarily in New York City, with a specific emphasis on serving residents across the city's five boroughs.

Grant Distribution by State

7states

Cities

AlbanyAstoriaBostonBronxBrooklynChicagoCoronaEast RockawayElmhurstFar RockawayFlushingForest HillsFort CollinsIndianapolisJackson HeightsJamaicaKew GardensLiverpoolLong Island CityNew York

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (Fiscal Year 2023)

Metric Amount
Total Revenue $6,976,548
Total Expenses $7,853,942
Total Assets $11,923,419
Total Liabilities $8,330,000

Grant Activity

The organization's workforce training programs generated $6,135,720 in expenses during the most recent reporting period.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$19M$29M$39M20202021202220232024
Metric202420232022
Total Assets$8,421,801$11,923,419$11,524,641
Revenue$9,870,332$6,976,548$9,301,383
Expenses$10,462,821$7,853,942$9,671,921
Qualifying Distributions
Net Investment Income$106,232$121,839$9,100
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M3 grants20203 grants2021135 grants202266 grants202360 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Hot Bread Kitchen LTD$1.2MUnion Settlement Associa…$740KRoundabout Theatre Company$569KLEAP Inc dba Brooklyn Wo…$522KUptown Grand Central Corp$270KForum for Urban Design D…$250KUrbane Development Group…$148KEmpowered Hospitality LLC$146KBest Mechanical Services…$125KDiki Daycare Center Inc$96K

Grant Size Distribution

156 grants across all recorded years

102<$50K17$50–100K14$100–250K12$250–500K7$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Chenelle DennisExecutive Director$139K

From 2024 filing

NameTitleHoursCompensation
Chenelle DennisExecutive Director35$139,050
Dynishal GrossCommissioner0.5
Anthony DellolioGeneral Counsel0.5
Yurij PawlukDeputy Commissioner0.5
Michael ForteExecutive Deputy Commissioner0.5
Leah HebertDeputy Director0.5
David BermanDirector0.5
Chris NealSenior Advisor0.5
Abby Jo SigalExecutive Director0.5
Calvin BrownDeputy Commissioner0.5
Ismail MohamedTreasurer0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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