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Economic Mobility Corporation

Economic Mobility Corporation

New York, NY 10004
Tax ID20-8720134

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About this organization

Revenue

$1,233,717

Expenses

$587,469

Website

economicmobilitycorp.org

Mission

The Economic Mobility Corporation (Mobility) identifies, develops and evaluates programs and policies that enable disadvantaged individuals to acquire the education, skills and networks needed to succeed in the labor market.

About

Partnerships for Skills Gains: With funding from the W. K. Kellogg Foundation, Mobility managed an initiative, Partnerships for Skills Gains, to identify and support partnerships between employers and workforce development intermediaries to upgrade workers skills. The project seeks to promote greater investment in workers skills. Mobility has adopted three primary strategies to support this initiative: (1) create a suite of at least 40 case studies documenting the practices of innovative partnerships; (2) disseminate the themes and key findings that emerge from the case studies and a review of academic and professional literature; and (3) give business planning grants to local partnerships to spur their spread and scale. In November 2018, Mobility published a brief on the project, Partnerships for Skills Gains: Investing in Frontline Workers, as well as profiles of 40 partnerships that emphasize good jobs, require employers to cover some or all of the costs of skills training, and feature relationships with community colleges, nonprofits, and/or workforce development boards.Project QUEST RCT Evaluation:With a grant from Arnold Ventures, Mobility extended its randomized controlled trial study of Project QUEST to examine program impacts on earnings nine years after study enrollment, using state administrative data. Since 1992 Project QUESTs mission has been to make well-paying careers accessible to low-income San Antonio residents while meeting employers need for skilled workers. Project QUEST provides comprehensive support and resources to help individuals complete occupational training programs at community colleges and other training providers, pass certification exams, and obtain jobs in strong sectors of the local economy. The evaluation focused on individuals who were pursuing careers in health care. Between April 2006 and October 2008, 410 individuals enrolled in the study, of whom 207 were assigned to the treatment group, which could receive the Project QUEST services, and 203 to the control group, which could not. In April 2019, Mobility published a report on the studys findings, Nine Year Gains: Project QUESTs Continuing Impact. We found that Project QUEST had large, statistically significant impacts on earnings that grew over the nine-year follow-up period. The findings strengthen the evidence base on the effectiveness of sector-based training programs and comprehensive strategies to support low-income adults attainment of postsecondary credentials.Per Scholas Replication RCT Planning Phase:Per Scholas was founded in 1995 in New York Citys South Bronx with a mission to help low-income individuals access well-paying careers in the technology field. Two prior studies of Per Scholas IT program in the South Bronx demonstrated that the program had large, statistically significant impacts on participants earnings two to three years after enrollment. Since 2012, Per Scholas has expanded to twelve new training sites around the country. With a planning grant from Arnold Ventures, Mobility worked with Per Scholas to develop a randomized controlled trial evaluation of two replication sites outside of New York City. To select the locations, Mobility interviewed program staff, conducted focus groups with participants, observed program activities, and analyzed performance data for the programs in the Bronx and in Atlanta, Columbus, Dallas, and the National Capital Region (NCR). Our goal was to assess the replication sites in terms of fidelity to the program model, program performance, and capacity to undertake the RCT. The Columbus and NCR programs were chosen to take part in the study, which will examine program impacts during the three years after study enrollment on participants employment, earnings, postsecondary credential attainment, and financial well-being, using both administrative records and survey data.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “The economic mobility corporation (mobility) identifies, develops and evaluates programs and policies that enable disadvantaged individuals to acquire the education, skills and networks needed to succeed in the labor market so that they can support themselves and their families.”.

When referring to its actions, they were outlined as: “The economic mobility corporation (mobility) identifies, develops and evaluates programs and policies that enable disadvantaged individuals to acquire the education, skills and networks needed to succeed in the labor market.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as NY.
  • The non-profit's address in 2020 is noted in the filing as 50 Broadway 1604, New York, NY, 10004.
  • The non-profit's form for 2020 reports a total of 2 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $646,248.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 5 independent voting members.
  • The organization was formed in 2007.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $471,449 in salary, compensation, and benefits to its employees.
  • The organization pays $24,068 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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