Public Charity

Newark Workforce Development Board Inc

Newark Workforce Development Board Inc, of Newark, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.4M in revenue, $2.3M in expenses, $1.3M in total assets. 4 publicly reported grants to this organization, totaling roughly $160K, appear in IRS filings.

EIN: 223784963 Newark, NJ Management & Technical Assistance NTEE: O02 Latest filing: 2025
Total Revenue$2.4M
Total Expenses$2.3M
Total Assets$1.3M
Grant Records4
Funding Total$160K
Filing Years2021–2025

Mission

To lead and empower the Newark Workforce system by leveraging assets amd resources to ensure the educational and professional and economic success of Newark residents and the prosperity of its businesses. Provides oversight of workforce Investment Act funds and Newark One Stop Center

Where $100 goes at Newark Workforce Development Board Inc

How Newark Workforce Development Board Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$69
Identify the needs of the local job market and designng training programs that equip participlants in its various prgrams using consultants
82% of program spending
$16
Create a progressive and innovative workforce development system for the benefits of Newark residents and businesses
18% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Member Adam James
Board Member Best Sybil
Board Member Bey Bara Aissatou
Board Member Brown Earl
Board Member Cahn Mitch
Board Member Candelejo Diana

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$25,000 1 grant
General Support
$25,000 1 grant
Unspecified
$110,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.4M $2.3M $1.3M
2024 $1.8M $1.7M $1.2M
2023 $1.6M $1.4M $939K
2022 $1.2M $916K $1.2M
2021 $918K $561K $788K

Between 2021 and 2025, reported annual revenue grew from $918K to $2.4M (+159%), with total assets most recently reported at $1.3M.

Interactive year-over-year charts and full filing details available with membership.

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