Buffalo & Erie County Workforce

Employment organization based in Buffalo, NY. 55 employees. Exempt under §501(c)(3).

MissionBUFFALO & ERIE COUNTY WORKFORCE DEVELOPMENT CONSORTIUM, INC. (WDC) IS ORGANIZED TO PROMOTE TRAINING AND EMPLOYMENT ACTIVITIES THROUGH VARIOUS FEDERAL, STATE AND LOCAL GRANTS.

EIN
16-1585625
State
NY
Sector
Employment
Budget band
$5M–$10M
Latest filing
TY 2023
Records
2 officers · 4 years

Financial snapshot · TY 2023

$9.0M
Total revenue
$9.0M
Total expenses
$4.3M
Net assets

Financial health · TY 2023

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
4
0.7 months of expenses
Program efficiency
97
88.7% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Lavon Stephens
ADMINISTRATIVE DIRECTOR
$116,373
24th percentile vs. peers
Kenneth Newsom
CHIEF FINANCIAL OFFICER
$114,641
50th percentile vs. peers

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Buffalo & Erie County Workforce Executive Compensation | 990 Data | DoubleNine