Center For Employment Opportunities Inc
89% goes to programs $4 to raise $100 Strong reserves Growing revenue
Center For Employment Opportunities Inc is a 501(c)(3) organization based in New York, New York, registered in 1996, with $134,000,017 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
50 Broadway Ste 1604, New York, NY, 10004 EIN 13-3843322 Since 1996
Revenue (FY2023)
$134.0M
▲ 31.5% vs prior year
Employment median: $367K
Expenses (FY2023)
$110.3M
Net assets
$55.2M
Employees
10,370
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $4 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Center For Employment Opportunities Inc: 89% to programs · $4 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Center For Employment Opportunities Inc: 6 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Center For Employment Opportunities Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Center For Employment Opportunities Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
We provide effective employment services to individuals recently released from incarceration.
What they do
Vocational training: concurrent with transitional work, ceo provides vocational training and support services. during the period that participants are working on transitional work crews, they typically meet with a job coach one day per week. job coaches reinforce the lessons learned during classroom training, coach participants on job performance and behaviors, and assist participants with any issues that may arise during their transitional work experience. after a participant shows consistent, high-performing workplace behaviors, job coaches assess the participant as "job start readyassign them to a business account manager (bam). bams work directly with employers to identify labor market needs and potential job opportunities. bams then match eligible participants with employers. since becoming an independent nonprofit organization in 1996, ceo has made more than 37,000 full-time job placements for formerly incarcerated individuals. in fy2020, ceo's employment services resulted in 2,383 full-time job placements in a variety of industries and sectors such as food service, retail, wholesale, manufacturing, human services, construction, maintenance, and warehousing. after participants begin working in permanent jobs, they meet regularly with a ceo retention specialist. retention specialists work with each participant to help that individual remain connected to the workforce. retention specialists offer workplace counseling, crisis management, new job development in the event of a job loss, and long-term career planning for one year after placement. an incentive-based job retention program also rewards participants the longer they remain employed during that first year.
Contact & location
- Address
- 50 Broadway Ste 1604, New York, NY, 10004
- City
- New York
- State
- New York
- Category
- Employment
- Subcategory
- Employment Preparation & Placement
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $21.5M (FY2013) to $134.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $27.6MNet assets $55.2M
Operating margin
17.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$82.7M
Total liabilities
$27.6M
Net assets
$55.2M
Salaries & benefits
$82.8M
75% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $134,000,017▲31.5% | $110,322,103▲9.9% | $55,171,884▲78.9% | $82,742,682▲55.8% | 990 |
| 2022 | $101,892,940▲16.1% | $100,359,172▲20.0% | $30,835,058▲5.2% | $53,113,212▲26.9% | 990 |
| 2021 | $87,797,672▼3.0% | $83,605,945▼13.3% | $29,301,290▲16.7% | $41,857,908▲11.0% | 990 |
| 2020 | $90,496,907▲4.4% | $96,437,463▲28.1% | $25,109,563▼28.1% | $37,696,391▼7.5% | 990 |
| 2019 | $86,659,800▲47.5% | $75,255,180▲41.0% | $34,917,577▲48.4% | $40,760,830▲43.6% | 990 |
| 2018 | $58,742,560▲17.0% | $53,368,319▲36.1% | $23,525,871▲29.6% | $28,386,910▲11.6% | 990 |
| 2017 | $50,228,453▲56.0% | $39,205,332▲21.8% | $18,151,630▲155% | $25,444,382▲129% | 990 |
| 2016 | $32,195,750▼1.6% | $32,177,080▲12.9% | $7,128,509▲0.3% | $11,105,007▼6.6% | 990 |
| 2015 | $32,720,695▲31.1% | $28,489,435▲11.4% | $7,109,839▲147% | $11,885,789▲15.3% | 990 |
| 2014 | $24,956,976▲15.8% | $25,580,853▲18.9% | $2,878,579▼17.8% | $10,311,740▲35.0% | 990 |
| 2013 | $21,542,700 | $21,513,434▲20.1% | $3,502,456▲0.8% | $7,640,433▲0.7% | 990 |
| 2012 | — | $17,905,494▼1.7% | $3,473,190▲73.7% | $7,585,660▼2.1% | 990 |
| 2011 | — | $18,220,136 | $1,999,515 | $7,745,482 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Samuel Schaeffer — $416,355 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Samuel Schaeffer | Ceo & Executive Director | 35 | $416,355 |
| Samra Haider | President | 35 | $329,741 |
| Christopher Watler | Executive Vice President | 35 | $293,589 |
| Yuri Okumura | Chief Legal Officer | 35 | $279,781 |
| Shih-chang Lu | Chief Financial & Admin Officer | 35 | $250,648 |
| Eric Walker | Chief Information Officer | 35 | $222,926 |
| Robert Garcia | Controller | 35 | $191,270 |
| Amber Greenleaf | Senior Director | 35 | $180,915 |
| Abd'allah Lateef | Trustee | 0.5 | — |
| Andrew Van Der Vord | Treasurer | 0.5 | — |
| Brandon Belford | Trustee | 0.5 | — |
| Bruce Evans | Trustee | 0.5 | — |
| Cristine Soto Deberry | Trustee | 0.5 | — |
| David I Moskovitz | Chairman | 0.5 | — |
| Elizabeth Balfour | Trustee | 0.5 | — |
| Ellen V Holloman | Trustee | 0.5 | — |
| Emary Aronson | Secretary | 0.5 | — |
| Joli Cooper | Trustee (as of 06/2024) | 0.5 | — |
| Kathryn Jo Mannes | Trustee | 0.5 | — |
| Katie Beirne Fallon | Trustee | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Exponent Partners | Technology Services | $388,750 |
| Ptnr In Computing Svcs Intl | It Services | $380,434 |
| Ado Professional Solution Inc | Employment Services | $356,810 |
| Envoy Advisory LLC | Advisory | $176,500 |
| Ahmed Whitt | Data Analysis | $122,066 |
Grants received · $163.1M total
238 grants to Center For Employment Opportunities Inc totaling $163.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $5,000,000 |
| George Kaiser Family Foundation | Ceo-tulsa operations | 2024 | $550,000 |
| Robin Hood Foundation | Poverty relief | 2024 | $400,000 |
| Detroit Employment Solutions Corporation | Subcontractor payments for employment and training programs | 2024 | $173,657 |
| The New York Community Trust | For program support. | 2024 | $125,000 |
| United Way of Greater Cincinnati | Supports uw mission | 2024 | $101,357 |
| United Way of Greater Rochester and the Finger Lakes Inc | Allocation, donor designation | 2024 | $100,565 |
| Tipping Point Community | Discretionary issue area | 2024 | $82,500 |
| Tulsa Community Foundation | General operations | 2024 | $71,500 |
| Denver Foundation | Job training | 2024 | $50,000 |
| Rose Community Foundation | Denver programming | 2024 | $30,000 |
| Silicon Valley Community Foundation | Workforce development | 2024 | $25,000 |
| The New York Community Trust | For program support. | 2024 | $25,000 |
| The Greater New Orleans Foundation | Employment preparation & procurement | 2024 | $20,000 |
| Community Foundation For Southeast Michigan | Employment | 2024 | $10,500 |
Grants made · $511K in FY2023
9 grants totaling $511K in FY2023. All grants made by Center For Employment Opportunities Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Anti-recidivism Coalition | Funds are subawarded to this agency to expand our case population. the focus of this project is to provide employment services to justice-involved individuals by providing services such as: intensive case management, stipends for hard skills trianing and pre-apprenticeship, housing support, and mental health services. | $150,519 |
| Starting Over Inc | Funds are subawarded to this agency to expand our case population. the focus of this project is to provide employment services to justice-involved individuals by providing services such as: intensive case management, stipends for hard skills trianing and pre-apprenticeship, housing support, and mental health services. | $143,128 |
| Dry Bones Denver | Responsible for delivering snap e&t services and completing the required administrative activities. ceo will support the subawardee with administrative responsibilities of the snap e&t provider role. through this partnership and agreement, ceo expands and reaches more justice impacted inviduals and provides more support for community-based service providers. | $95,981 |
| Grid Alternatives | Funds are subawarded to this agency to expand our case population. the focus of this project is to provide employment services to justice-involved individuals by providing services such as: intensive case management, stipends for hard skills trianing and pre-apprenticeship, housing support, and mental health services. | $41,344 |
| Turning Point Alcohol & Drug Education Program Inc | Funds are subawarded to this agency to expand our case population. the focus of this project is to provide employment services to justice-involved individuals by providing services such as: intensive case management, stipends for hard skills trianing and pre-apprenticeship, housing support, and mental health services. | $29,178 |
| 1st Step Male Divrsion Program Inc | Responsible for delivering snap e&t services and completing the required administrative activities. ceo will support the subawardee with administrative responsibilities of the snap e&t provider role. through this partnership and agreement, ceo expands and reaches more justice impacted inviduals and provides more support for community-based service providers. | $21,136 |
| Just the Beginning | Responsible for delivering snap e&t services and completing the required administrative activities. ceo will support the subawardee with administrative responsibilities of the snap e&t provider role. through this partnership and agreement, ceo expands and reaches more justice impacted inviduals and provides more support for community-based service providers. | $11,469 |
| Resonance Center For Women Inc | Responsible for delivering snap e&t services and completing the required administrative activities. ceo will support the subawardee with administrative responsibilities of the snap e&t provider role. through this partnership and agreement, ceo expands and reaches more justice impacted inviduals and provides more support for community-based service providers. | $10,323 |
| Pwt United Inc | Funds are subawarded to this agency to expand our case population. the focus of this project is to provide employment services to justice-involved individuals by providing services such as: intensive case management, stipends for hard skills trianing and pre-apprenticeship, housing support, and mental health services. | $7,675 |
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Frequently asked questions
- Is Center For Employment Opportunities Inc a legitimate nonprofit?
- Yes. Center For Employment Opportunities Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3843322, based in New York, New York. Donations are tax-deductible.
- What is Center For Employment Opportunities Inc's EIN?
- Center For Employment Opportunities Inc's Employer Identification Number (EIN) is 13-3843322.
- How much revenue does Center For Employment Opportunities Inc report?
- Center For Employment Opportunities Inc reported $134,000,017 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Center For Employment Opportunities Inc's spending goes to programs?
- Center For Employment Opportunities Inc spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Center For Employment Opportunities Inc have?
- CharityIndex grades Center For Employment Opportunities Inc A, based on program efficiency and fundraising cost.
- How much does Center For Employment Opportunities Inc's highest-paid employee make?
- The highest reported compensation on Center For Employment Opportunities Inc's latest Form 990 is $416,355, paid to Samuel Schaeffer (Ceo & Executive Director).
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Data for Center For Employment Opportunities Inc (EIN 13-3843322) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.