2026-05-14T13:52:25-05:00 2025-09-30 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2024-10-01 208720134 ECONOMIC MOBILITY CORPORATION ECON 6462438852 233 WEST 99TH STREET 7B NEW YORK NY 10025 MARK ELLIOTT PRESIDENT 6462438852 2026-05-14 1 1 YIGIT UCTUM CPA P01269549 2125511724 2026-04-19 2024 2025-03-06 01:10:19Z MARK ELLIOTT 233 WEST 99TH STREET 7B NEW YORK NY 10025 681227 0 X ECONOMICMOBILITYCORP.ORG X 2007 NY RESEARCH, EVALUATION AND TECHNICAL ASSISTANCE TO POLICY MAKERS AND PROVIDERS OF SERVICES TO ASSIST WITH SKILLS TRAINING, CAREER DEVELOPMENT AND EMPLOYMENT OF LOW INCOME AND MARGINALIZED POPULATIONS. 5 4 2 4 0 0 1371586 635064 0 0 55297 46163 0 0 1426883 681227 0 0 0 0 453229 468771 0 0 24077 380554 268980 833783 737751 593100 -56524 4333168 3360384 158190 210094 4174978 3150290 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. 0 0 637181 0 0 THE ORGANIZATION CONDUCTS RESEARCH ON PROMISING STRATEGIES AND EVALUATES PROGRAMS THAT HAVE THE POTENTIAL TO MAKE A MEANINGFUL DIFFERENCE IN PEOPLE'S LIVES BY HELPING ADULTS WITH LOW INCOMES TO ACQUIRE THE EDUCATION, SKILLS, AND NETWORKS NEEDED TO SUCCEED IN THE LABOR MARKET. IN 2025, THE ORGANIZATION WORKED WITH LEADING PRACTITIONERS TO CONDUCT RIGOROUS EVALUATIONS THAT WILL PROVIDE HIGHLY CREDIBLE EVIDENCE TO THE WORKFORCE DEVELOPMENT AND POSTSECONDARY EDUCATION FIELDS ON EFFECTIVE STRATEGIES FOR HELPING WORKERS ACCESS WELL-PAYING CAREERS. PROJECTS INCLUDED EVALUATIONS OF THE REPLICATION OF PER SCHOLAS' IT SUPPORT TRAINING IN COLUMBUS AND SILVER SPRING, THE REPLICATION OF ASAP AT TWO WEST VIRGINIA COMMUNITY COLLEGES, AND VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT (VIDA), A SISTER ORGANIZATION TO PROJECT QUEST THAT HELPS RESIDENTS OF THE RIO GRANDE VALLEY IN TEXAS PREPARE FOR WELL-PAYING CAREERS IN HIGH-DEMAND SECTORS OF THE LOCAL ECONOMY. EVALUATION OF THE REPLICATION OF PER SCHOLAS: PER SCHOLAS WAS FOUNDED IN 1995 IN NEW YORK CITY'S SOUTH BRONX WITH A MISSION TO HELP LOW-INCOME INDIVIDUALS ACCESS WELL-PAYING CAREERS IN THE TECHNOLOGY FIELD. PER SCHOLAS' IT SUPPORT PROGRAM PROVIDES 15 WEEKS OF OCCUPATIONAL SKILLS TRAINING IN PREPARATION FOR PASSING THE COMPTIA A+ CERTIFICATION EXAM AS WELL AS PROFESSIONAL DEVELOPMENT TRAINING, JOB PLACEMENT ASSISTANCE, AND TWO YEARS OF JOB RETENTION AND ADVANCEMENT SUPPORT. TWO RIGOROUS STUDIES OF PER SCHOLAS' PROGRAM IN THE SOUTH BRONX DEMONSTRATED THAT IT HAD LARGE, STATISTICALLY SIGNIFICANT IMPACTS ON PARTICIPANTS' EARNINGS. WITH GRANTS FROM ARNOLD VENTURES AND ASCENDIUM EDUCATION GROUP, MOBILITY IS CONDUCTING A RANDOMIZED CONTROLLED TRIAL EVALUATION TO ASSESS WHETHER THE EARNINGS IMPACTS FOUND IN THE EARLIER STUDIES CAN BE REPLICATED BEYOND THE BRONX IN PER SCHOLAS' NATIONAL CAPITAL REGION (NCR) AND COLUMBUS, OHIO LOCATIONS. STUDY ENROLLMENT BEGAN IN 2021 AND CONTINUED THROUGH 2024. A TOTAL OF 1,390 INDIVIDUALS ENROLLED IN THE STUDY, HALF OF WHOM WERE RANDOMLY ASSIGNED TO THE TREATMENT GROUP AND HALF TO THE CONTROL GROUP. THE STUDY'S PRIMARY OUTCOME IS AVERAGE ANNUAL EARNINGS IN THE THIRD YEAR AFTER STUDY ENROLLMENT. THE STUDY WILL RELY ON ADMINISTRATIVE DATA ON EARNINGS AND A FOLLOW-UP SURVEY, CONDUCTED THREE YEARS AFTER STUDY ENROLLMENT, THAT WILL PROVIDE A GREATER UNDERSTANDING OF HOW PER SCHOLAS AFFECTS PARTICIPANTS' EMPLOYMENT, TRAINING RECEIPT, ATTAINMENT OF INDUSTRY CREDENTIALS, AND FINANCIAL WELL-BEING. MOBILITY WILL PUBLISH MULTIPLE REPORTS ON THE STUDY'S FINDINGS REGARDING PROGRAM IMPACTS, THE PER SCHOLAS MODEL, VARIATIONS IN IMPLEMENTATION ACROSS SITES, AND PROGRAM COSTS. REPORTS WILL ADDRESS THE IMPLICATIONS OF THE FINDINGS FOR POLICY AND PROGRAMMING IN THE WORKFORCE DEVELOPMENT FIELD.VIDA EVALUATION: LAUNCHED IN 1995, VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT (VIDA) IS A NONPROFIT ORGANIZATION, LOCATED IN THE RIO GRANDE VALLEY OF TEXAS, WITH A MISSION TO PREPARE UNEMPLOYED AND UNDEREMPLOYED RESIDENTS FOR HIGH-SKILL, HIGH-WAGE JOBS WHILE ADDRESSING EMPLOYERS' NEEDS FOR SKILLED WORKERS. VIDA SUPPORTS ADULTS SEEKING TO COMPLETE OCCUPATIONAL TRAINING PROGRAMS, PRIMARILY AT AREA COLLEGES. VIDA'S SERVICES INCLUDE FINANCIAL SUPPORT TO COVER THE COSTS OF COLLEGE, INDIVIDUALIZED COUNSELING TO ADDRESS PERSONAL, FINANCIAL, AND ACADEMIC CONCERNS, REFERRALS TO OUTSIDE AGENCIES FOR SUPPORT, EMERGENCY FINANCIAL ASSISTANCE, MANDATORY GROUP MEETINGS FOCUSED ON SOFT SKILLS, AND JOB PLACEMENT SUPPORT. VIDA IS A SISTER ORGANIZATION TO PROJECT QUEST IN SAN ANTONIO, WHICH HAS DEMONSTRATED LARGE POSITIVE IMPACTS ON CREDENTIAL ATTAINMENT AND EARNINGS. WITH A GRANT FROM ARNOLD VENTURES, MOBILITY IS CONDUCTING A RANDOMIZED CONTROLLED TRIAL EVALUATION OF VIDA TO ASSESS THE PROGRAM'S IMPACTS ON POSTSECONDARY EDUCATION AND EARNINGS. THE STUDY'S PRIMARY OUTCOMES ARE EARNING A COLLEGE CREDENTIAL FOUR YEARS AFTER STUDY ENROLLMENT AND AVERAGE ANNUAL EARNINGS IN THE SEVENTH YEAR AFTER STUDY ENROLLMENT, MEASURED WITH ADMINISTRATIVE DATA. WITH SUPPORT FROM ASCENDIUM EDUCATION GROUP, MOBILITY IS STUDYING THE PROGRAM'S IMPLEMENTATION, THROUGH PROGRAM OBSERVATION AND SEMI-STRUCTURED INTERVIEWS WITH A SAMPLE OF PARTICIPANTS, TO LEARN ABOUT PARTICIPANTS' PAST EDUCATION AND WORK EXPERIENCES, THEIR DECISION TO TAKE PART IN THE PROGRAM, THE CHALLENGES THEY HAVE FACED, AND THEIR ASSESSMENT OF THE PROGRAM SERVICES. MOBILITY HAS ALSO CONTRACTED WITH A SURVEY FIRM TO CONDUCT INTERIM TRACKING ACTIVITIES TO PREPARE FOR CONDUCTING FOLLOW-UP SURVEYS TO LEARN MORE ABOUT HOW VIDA AFFECTS PARTICIPANTS' EMPLOYMENT, EDUCATION, RECEIPT OF INDUSTRY CREDENTIALS, AND FINANCIAL WELL-BEING. ENROLLMENT IN THE VIDA STUDY BEGAN IN 2024 AND IS EXPECTED TO CONTINUE THROUGH THE SUMMER OF 2028. MOBILITY WILL PUBLISH MULTIPLE REPORTS ON THE STUDY'S FINDINGS REGARDING PROGRAM IMPACTS, THE VIDA MODEL, PROGRAM COSTS, AND THE IMPLICATIONS OF THE FINDINGS FOR POLICY AND PROGRAMMING. THE STUDY WILL PROVIDE STRONG EVIDENCE TO THE POSTSECONDARY EDUCATION AND WORKFORCE DEVELOPMENT FIELDS ABOUT THE EFFECTIVENESS OF COMPREHENSIVE EFFORTS TO INCREASE LOW-INCOME ADULTS' COLLEGE COMPLETION AND ACCESS TO WELL-PAYING CAREERS. 637181 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X MARK ELLIOTT 6462438852 233 WEST 99TH STREET 7B NEW YORK NY 10025 MARK ELLIOTT PRESIDENT 40.00 X X 195000 0 40882 PLINIO AYALA TREASURER 1.00 X X 0 0 0 CYNTHIA SHOSS CHAIR OF THE BOARD 1.00 X X 0 0 0 MARY PENA DIRECTOR 1.00 X 0 0 0 PAUL OSTERMAN DIRECTOR 1.00 X 0 0 0 ANNE RODER VP & SEC/VP FOR RESEARCH & EVALUATION 40.00 X 155144 0 43981 350144 0 84863 2 0 1 0 0 635064 635064 46163 46163 681227 0 0 46163 X 443086 376623 44309 22154 25685 21832 2569 1284 28200 28200 220201 219588 409 204 2243 1907 224 112 6713 6713 6468 5498 647 323 5155 5020 135 737751 637181 76493 24077 1218166 1145324 3115002 2215060 4333168 3360384 158190 210094 158190 210094 X 457102 562637 3717876 2587653 4174978 3150290 4333168 3360384 X -56524 -968164 X 1 X 0 1 0 X 347681 228648 769773 1371586 635064 3352752 347681 228648 769773 1371586 635064 3352752 1936268 1416484 217 4959 39899 55297 46163 146535 3499287 315066 0.40480 0.15310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 0 0 0 0 0 0 0 MARK ELLIOTT PRESIDENT 195000 0 0 0 0 0 21000 0 19882 0 235882 0 0 0 ANNE RODER VP & SEC/VP FOR RESEARCH & EVALUATIO 155144 0 0 0 0 0 17000 0 26981 0 199125 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PROVIDED TO THE FULL BOARD OF DIRECTORS VIA EMAIL 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 VI, SECTION B, LINE 12C 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. THE DECLARATIONS ARE REVIEWED AT THE BOARD LEVEL AND A DIRECTOR OR OFFICER WITH A CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD, LED BY ITS TREASURER, REVIEWS COMPARABLE SALARIES BASED ON A STUDY OF OTHER ORGANIZATIONS' FORMS 990 AND REVIEWS THE PERFORMANCE OF THE VP & SEC/VP FOR RESEARCH AND EVALUATION. THE BOARD DELIBERATES ON THIS MATTER IN EXECUTIVE SESSION. THE BOARD, LED BY ITS TREASURER, REVIEWS COMPARABLE SALARIES BASED ON A STUDY OF OTHER ORGANIZATIONS' FORMS 990 AND REVIEWS THE PERFORMANCE OF THE PRESIDENT. THE BOARD DELIBERATES ON THIS MATTER IN EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 1,849. MANAGEMENT AND GENERAL EXPENSES 211. FUNDRAISING EXPENSES 105. TOTAL EXPENSES 2,165. PENSION ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 1,642. MANAGEMENT AND GENERAL EXPENSES 188. FUNDRAISING EXPENSES 94. TOTAL EXPENSES 1,924. CONSULTANTS: PROGRAM SERVICE EXPENSES 85. MANAGEMENT AND GENERAL EXPENSES 10. FUNDRAISING EXPENSES 5. TOTAL EXPENSES 100. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 216,012. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 216,012. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE CONTRIBUTION RECEIVABLE AND RETURN ON CONTRIBUTIONS -968,164.