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Filing year 2024

WORKFORCE DEVELOPMENT INSTITUTE INC

Albany, New York·EIN 56-2420045·NTEE B60 · Education·501(c)(3)
Total revenue
$16.4M
Total assets
$4.4M
Total expenses
$16M
Reported officers
21
Mission

WORKFORCE DEVELOPMENT INSTITUTE ("WDI") IS A STATEWIDE ORGANIZATION THAT WORKS FOR ALL NEW YORKERS TO SUCCEED IN THE WORKFORCE WHILE EARNING FAMILY SUSTAINING WAGES. THROUGH PROGRAMS IN EDUCATION AND TRAINING, ECONOMIC DEVELOPMENT, AND WORKFORCE SUPPORT, WDI FILLS GAPS NOT COVERED BY OTHER ORGANIZATIONS WITH THE GOAL OF IMPROVING THE LIVES OF WORKERS AND STRENGTHING NEW YORK'S WORKFORCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in New York.

Chief Financial Officer
Median to 75th percentile
$208k
$225k
Base
$180k
Bonus
Other
Benefits
$17k
Executive Director
Median to 75th percentile
$204k
$220k
Base
$191k
Bonus
Other
Benefits
$1k
Director Field Officer
Highest Compensated Employee
25th percentile to median
$172k
$186k
Base
$148k
Bonus
Other
Benefits
$15k
Regional Director
Highest Compensated Employee
25th percentile to median
$156k
$168k
Base
$120k
Bonus
Other
Benefits
$28k
Regional Director
Highest Compensated Employee
25th percentile to median
$146k
$158k
Director of Research
Highest Compensated Employee
25th percentile to median
$144k
$155k
Director
Highest Compensated Employee
10th to 25th percentile
$137k
$148k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WORKFORCE DEVELOPMENT INSTITUTE INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 6%
over 2 years

From $197k in 2022 to $208k in 2024.

$197k
2022
$197k
2023
$208k
2024
In today's dollarsEst.
Down 1% in real terms$228k to $225k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay rose 11% from 2022 to 2024, while revenue rose 43%.

$188k in 2022 to $208k in 2024.
  • Chief Executive Officer pay rose 3% from 2023 to 2024.
  • Highest Compensated Employee pay rose 5% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WORKFORCE DEVELOPMENT INSTITUTE INC

What does the Chief Financial Officer of WORKFORCE DEVELOPMENT INSTITUTE INC earn?

In 2024, the Chief Financial Officer of WORKFORCE DEVELOPMENT INSTITUTE INC received $208,069 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Education organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at WORKFORCE DEVELOPMENT INSTITUTE INC compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2024 pay of the Chief Financial Officer at WORKFORCE DEVELOPMENT INSTITUTE INC falls between the median and the 75th percentile. In 2024, the highest total compensation at WORKFORCE DEVELOPMENT INSTITUTE INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are WORKFORCE DEVELOPMENT INSTITUTE INC's revenue and expenses?

In 2024, WORKFORCE DEVELOPMENT INSTITUTE INC reported $16.4M in total revenue and $16M in total expenses on its IRS Form 990.

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