Building Skills NY

EIN: 455146915 501(c)(3) Education

New York, NY

Total Revenue
$2,024,796
Total Expenses
$1,928,893
Total Assets
$760,293
Net Assets
$646,274
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
David Meade
Phone
6469731520
Tax Period
2025-01-01 to 2025-12-31

Building Skills NY, founded in 2012, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2025. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 5% surplus.

Mission

Providing manpower training and related assistance and supportive services to unemployed and underemployed persons, particularly those from economically disadvantaged areas of the City and State of New York, including residents of New York City Housing Authority projects, in order to increase their self-sufficiency, maximize job opportunities and reduce unemployment in the City and State of New York.

Program Service Accomplishments

Program 1
Expenses: $1,610,951 Revenue: $119,471

Building Skills NY launched a construction industry employment initiative to hire New York City residents to work in the construction industry, and to create a career path for those hires who have...

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Building Skills NY launched a construction industry employment initiative to hire New York City residents to work in the construction industry, and to create a career path for those hires who have the interest, capability and capacity to succeed in the construction trades. Participating developers and contractors ask their general contractors and subcontractors to commit to hire a number of Building Skills referrals over the course of the next year. These referrals are referred by public and not for profit agencies, are vetted by Building Skills, have an OSHA 30 and Site Safety Training certificate and are expected to have a minimal level of experience in construction. (Continued on Sch O) Contractors are asked to provide an opportunity for these new hires to work as laborers or helpers/assistants in their trades, and to evaluate them at the end of their employment. In addition to providing us with an assessment of their skills, contractors are asked to assess the prospects for these individuals to benefit for further training in a trade. We also ask if there are any other NYC residents working for the contractors who can also benefit from training. Building Skills is currently conducting courses in NCCER in Level One Plumbing, Electrical, Carpentry, and HVAC. In addition to the training, Building Skills maintains a database of experienced workers, referred by industry employers, for referral for future work. This virtual hiring hall, as it is built up over time, will provide a resource for contractors and subcontractors to address hiring needs. Contractors and subcontractors are asked to participate in this database by providing referrals of successful employees who are hired on a temporary basis, and by providing job placements when hiring opportunities arise.The goals of this initiative are three-fold. One, it is an opportunity for the industry to take steps to address unemployment and underemployment in New York City by committing to provide entry level jobs to New York City residents. Second, by creating a process to enable successful employees to receive further training and access to placement in jobs when an original job placement is completed, the initiative will enable these employees to develop the skills to learn a trade and have a career in the construction trades; Third, by providing training and a source of trained workers for employers, this initiative will create a better qualified and more productive workforce for the future. This program is primarily supported by contributions.

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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 $1,905,325
Program Service Revenue $119,471
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,024,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,275,653
Fundraising Expenses $183,538
Program Expenses $1,610,951
Other Expenses $653,240
TOTAL EXPENSES $1,928,893

Year-over-Year Comparison

2025 2024 Change
Revenue $2,024,796 $1,527,767 +0.3%
Expenses $1,928,893 $1,521,955 +0.3%
Net Income $95,903 $5,812 +15.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
11
Volunteers
16

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
5
$319,152
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alex Arker Director 2.00
Director
$0 $0 $0
Mary Serafy Treasurer 2.00
Officer Director
$0 $0 $0
Ronald Moelis Vice Chair 2.00
Officer Director
$0 $0 $0
Debra Kenyon Director 2.00
Director
$0 $0 $0
Jim Whelan Board Chair 2.00
Officer Director
$0 $0 $0
Matt Gross Secretary 2.00
Officer Director
$0 $0 $0
Jennifer Mitchell Director 2.00
Director
$0 $0 $0
Angela Pinsky Director 2.00
Director
$0 $0 $0
Marco Williamson Director 2.00
Director
$0 $0 $0
George Poulon Director 2.00
Director
$0 $0 $0
Diana Zakem Director 2.00
Director
$0 $0 $0
Rick Gropper Director 2.00
Director
$0 $0 $0
Sheila Lopez Director 2.00
Director
$0 $0 $0
Jacqui Williams Director 2.00
Director
$0 $0 $0
Brandon Baron Director 2.00
Director
$0 $0 $0
Marlee Busching-Truscott Director 2.00
Director
$0 $0 $0
David Meade Executive Director 40.00
Officer
$305,257 $13,895 $319,152
Rose Fathers Director of Business Services 40.00
Highest
$127,706 $28,040 $155,746
Tatanisia Lumley Director of Training & Operations 40.00
Highest
$146,775 $23,728 $170,503
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 $2,024,796 $1,928,893 $760,293 $95,903
2024 $1,527,767 $1,521,955 $642,354 $5,812
2023 $1,494,040 $1,439,630 $675,416 $54,410
2022 $1,564,960 $1,309,453 $703,692 $255,507
2021 $1,071,660 $1,138,797 $572,861 $-67,137
2020 $1,017,542 $957,024 $400,867 $60,518
2019 $808,992 $847,752 $277,456 $-38,760
2018 $839,332 $696,113 $338,346 $143,219
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