2012-05-29T10:17:13-07:00 2011-09-30 SCHALL & ASHENFARB CPAS 350 5TH AVE STE 5610 NEW YORK NY 101180110 990 2010-10-01 208720134 Economic Mobility Corporation ECON 2122806975 233 Broadway 12th Floor New York NY 10279 Mark Elliott 2012-05-29 David C Ashenfarb 2122682800 2010 2016-02-24 21:20:13Z 831945 false false X www.economicmobilitycorp.org X 2007 NY 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. 5 4 3 0 200000 378427 312732 452280 5692 1238 0 518424 831945 0 0 394537 443386 0 32444 199353 194317 593890 637703 -75466 194242 632226 861230 77838 112600 554388 748630 X 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. false false 118739 Year-Up Evaluation- Year Up is an innovative and intensive program that combines skill acquisition and work experience for low-income young adults in Boston, New York, Providence and Washington DC. Several features of the Year Up model make it an important program to study for the youth employment field, including training in occupational and professional skills, apprenticeships that build experience and networks, stipends for students, the receipt of college credits for training participation, and development of relationships with supportive adults, including program advisors and workplace mentors. Mobility is working with Year Up to analyze the data it collects to assess and improve program performance and is conducting a small-scale study to assess Year Up's impacts on young people's employment and earnings. 111840 Wounded Warrior Careers Program- Mobility is partnering with the National Organization on Disability to conduct a national demonstration that provides intensive career planning assistance and support to severely wounded veterans as they retire from the Army and begin new civilian careers. The program seeks to help veterans access employment, education, and volunteer opportunities and to increase their utilization of the resources available in the community to help them overcome obstacles and pursue their careers. Mobility's evaluation of the initiative is assessing how the program is implemented at each site, including the intensity and scope of the services provided, the challenges faced, and how the programs respond, as well as what outcomes are achieved, including the veterans' progress in education or training and employment retention and advancement. Mobility will produce a report that draws lessons from the experience about effective practices in supporting wounded veterans in their pursuit of careers. 85286 Working Families- The Working Families Evaluation is a partnership with the MacArthur Foundation and the Local Initiatives Support Corporation (LISC), which assesses the implementation and impact of efforts to improve the economic well-being of low-income families through employment and financial counseling. 186522 502387 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false true false false false false false false false false false false true 6 0 true 3 true false false false false false false false false false false false 0 false false false false false false false false false false false X 5 4 false false false false false false false true true false false false true true true true true true true true false false NY X Mark Elliott 2122806975 233 Broadway 12th Floor New York NY 10279 Russell Pomeranz 1.00 X 0 0 0 Robert Curvin 1.00 X 0 0 0 Plinio Ayala 1.00 X X 0 0 0 Mark Elliott 35.00 X X 193278 0 33650 Harry J Holzer 1.00 X 0 0 0 Cynthia Shoss 1.00 X X 0 0 0 Anne Roder 35.00 X 101579 0 19155 294857 52805 2 false true false 0 378427 378427 Contract Revenue 452280 452280 452280 1238 1238 0 0 0 0 0 0 0 0 831945 452280 1238 0 0 0 0 311077 256488 29250 25339 0 38889 38889 0 68966 58207 5766 4993 24454 20640 2044 1770 0 0 0 0 0 0 0 0 1452 1192 260 0 0 0 13301 13152 149 0 0 0 0 4729 3992 395 342 4901 4901 Professional Fees 18766 6744 12022 Miscellaneous 13301 11801 1500 Management Fees 38296 38296 Design Fees 6700 4200 2500 Consultant Fees 90122 86874 3248 2749 208 2541 637703 502387 102872 32444 312538 568568 0 100000 150000 210651 139452 0 0 0 0 1702 604 16108 13502 7335 2606 0 0 0 0 0 632226 861230 28700 52125 35427 36524 13711 23951 77838 112600 X 234387 265088 320001 483542 554388 748630 632226 861230 194242 X false true true X false false X 709546 597606 862017 512732 830707 3512608 0 0 709546 597606 862017 512732 830707 3512608 1620926 1891682 6835 3116 5692 1238 16881 0 0 3529489 0.53600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16108 13502 2606 2606 Accrued Payroll 23951 23951 831945 637703 194242 194242 831945 831945 831945 637703 637703 637703 Part X Part X : FIN48 Footnote EMC has adopted the provisions of FASB ASC 740, Income Taxes, which applies to positions taken or expected to be taken in a tax return. Organizations are required to recognize the effects of tax positions if they are more likely than not of being sustained. EMC does not believe its financial statements include any uncertain tax positions. X X false false false false false false false false false false Mark Elliott 193278 19500 14150 226928 Plinio AyalaPer Scholas Treasurer 1197 Contract for services false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Organizational documents are made available upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The board, led by its Treasurer, reviews comparable salaries based on a study of other organizations' Forms 990 and reviews the performance of the executive director and VP. The board deliberates on this matter in executive session. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization has a "board approved" conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The form 990 was provided to the full board of directors via e-mail before filing. All directors were afforded the opportunity to ask questions and offer edits. The decision of whether to make edits was made by senior management with the advice of its fiscal advisors in conjunction with the tax preparer. Form 990, Part III, Line 4d Form 990, Part III, Line 4d : Other Program Services Description OTHER PROGRAM SERVICES 4: Other programs: Return to Careers (NISH), Maryland Basic Education and Skills Training (MI-BEST), 741 Collaboration, and a few smaller programs. OTHER PROGRAM SERVICES 5: OTHER PROGRAM SERVICES 6: