EIN 47-1467778

Workcred

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2014
Most recent tax filings
2023-12-01
Description
Workcred enhances workforce quality through effective credentialing, stakeholder education, and support for certifications and apprenticeship programs, promoting relevance and mobility in the labor market.
Related structure
Workcred is a subordinate organization under American National Standards Institute (ANSI).
Total revenues
$1,004,313
2023
Total expenses
$1,920,993
2023
Total assets
$129,495
2023
Num. employees
5
2023

Program areas at Workcred

Formed in 2014, Workcred is an affiliate of the american national standards institute (ansi). Workcred's mission is to strengthen workforce quality by improving the credentialing system, ensuring its ongoing relevance, and preparing employers, workers, educators, and governments to use it effectively. Workcred is actively engaged in numerous activities to promote awareness of competency-based, industry-recognized workforce credentials, and to support efforts to improve the quality, transparency,portability, and market value of these important tools. Workcred's business activities include research services, consulting services, and education/collaborative services.

Who funds Workcred

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ECMC FoundationCareer Readiness$758,000
Greater Texas FoundationTo Support Processes and Policies for Low-Income and First-Generation Learners To Complete Industry Certificate/degree Pathways.$70,000

Personnel at Workcred

NameTitleCompensation
Saranjit BhatiaChair and Chief Executive Officer and President / Chari and Chief Executive Officer and President / Chairman / President$0
Frances SchrotterDirector and Senior Vice President , Chief Operating Officer$0
Margaret JensenTreasurer$0
Roy A. Swift, Ph.D. COL, RetiredExecutive Director$311,015
Isabel Cardenas-Navia, Ph.D.Associate Executive Director , Research
...and 3 more key personnel

Financials for Workcred

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,004,313
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,004,313

Form 990s for Workcred

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-09990View PDF
2022-122023-11-01990View PDF
2021-122022-11-10990View PDF
2020-122021-09-15990View PDF
2019-122020-10-08990View PDF
...and 5 more Form 990s
Data update history
September 30, 2024
Updated personnel
Identified 1 new personnel
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 1 new personnel
January 13, 2024
Updated personnel
Identified 1 new personnel
January 3, 2024
Received grants
Identified 2 new grant, including a grant for $758,000 from ECMC Foundation
Nonprofit Types
Employment organizationsProfessional associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationHuman servicesJobs and employmentBusiness and industry
Characteristics
Partially liquidatedTax deductible donationsAccepts online donations
General information
Address
1899 L St NW 11 FL
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
workcred.org/ 
Phone
(202) 293-8020
IRS details
EIN
47-1467778
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
J20: Employment Procurement Assistance and Job Training
NAICS code, primary
813920: Professional Associations
Parent/child status
Subordinate organization
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