COLLEGIATE CONSORTIUM FOR WORKFORCE AND ECONOMIC DEVELOPMENT

EIN: 232928839 501(c)(3) Education

MEDIA, PA

Total Revenue
$891,017
Total Expenses
$895,066
Total Assets
$605,842
Net Assets
$475,512
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
PA
Principal Officer
DR MARTA CRONIN
Phone
6103062887
Tax Period
2025-01-01 to 2025-12-31

COLLEGIATE CONSORTIUM FOR WORKFORCE AND ECONOMIC DEVELOPMENT, founded in 1999, is a small nonprofit in the Education sector that reported $891K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

THE CONSORTIUM PROVIDES DEVELOPMENT AND DELIVERY OF EDUCATION AND TRAINING PROGRAMS FOR BUSINESS AND INDUSTRY IN SUPPORT OF ECONOMIC DEVELOPMENT UNDER THE DIRECTION OF AND THROUGH MEMBER COLLEGES AND A MEMBER UNIVERSITY.

Program Service Accomplishments

Program 1
Expenses: $831,747 Revenue: $619,384

THE CONSORTIUM PROVIDES DEVELOPMENT AND DELIVERY OF EDUCATION AND TRAINING PROGRAMS FOR BUSINESS AND INDUSTRY, IN SUPPORT OF ECONOMIC DEVELOPMENT, UNDER THE DIRECTION OF AND THROUGH THE COMMUNITY...

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THE CONSORTIUM PROVIDES DEVELOPMENT AND DELIVERY OF EDUCATION AND TRAINING PROGRAMS FOR BUSINESS AND INDUSTRY, IN SUPPORT OF ECONOMIC DEVELOPMENT, UNDER THE DIRECTION OF AND THROUGH THE COMMUNITY COLLEGE OF PHILADELPHIA, DELAWARE COUNTY COMMUNITY COLLEGE, CAMDEN COUNTY COLLEGE, BUCKS COUNTY COMMUNITY COLLEGE, DREXEL UNIVERSITY, AND MONTGOMERY COUNTY COMMUNITY COLLEGE. MAJOR ACTIVITIES INCLUDED: (1) SKILL TRAINING FOR SHIPBUILDERS AT AKER PHILADELPHIA SHIPYARD, INC.; (2) CONTINUED EXPANSION OF THE UPS PROJECT TO INCLUDE INCREASED DELIVERY OF ON-SITE SKILL PROGRAMS; AND (3) SKILL TRAINING FOR U.S. NAVY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $264,477
Program Service Revenue $619,384
Investment Income $7,156
Other Revenue $0
TOTAL REVENUE $891,017

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,445
Fundraising Expenses $0
Program Expenses $831,747
Other Expenses $779,621
TOTAL EXPENSES $895,066

Year-over-Year Comparison

2025 2024 Change
Revenue $891,017 $627,827 +0.4%
Expenses $895,066 $697,238 +0.3%
Net Income $-4,049 $-69,411 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MARTA CRONIN CHAIR 1.00
Officer Director
$0 $0 $0
DR LOVELL PUGH-BASSETT DIRECTOR 1.00
Director
$0 $0 $0
DR VICTORIA BASTECKI-PEREZ DIRECTOR 1.00
Director
$0 $0 $0
DR BRIAN ELLIS DIRECTOR 1.00
Director
$0 $0 $0
DR JODIE HARRIS DIRECTOR 1.00
Director
$0 $0 $0
DR PATRICK M JOANES DIRECTOR 1.00
Director
$0 $0 $0
DR ALYCIA MARSHALL DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $891,017 $895,066 $605,842 $-4,049
2024 $627,827 $697,238 $577,865 $-69,411
2023 $675,460 $741,381 $654,992 $-65,921
2022 $1,131,937 $1,135,322 $786,060 $-3,385
2021 $1,148,165 $1,000,197 $782,366 $147,968
2020 $923,869 $1,059,014 $750,578 $-135,145
2019 $1,362,809 $1,387,252 $1,020,353 $-24,443
2018 $1,285,844 $1,288,894 $1,032,836 $-3,050
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