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Filing year 2024

WORKFORCE DEVELOPMENT INSTITUTE INC

Albany, New York·EIN 56-2420045·NTEE B60 · Education·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 · Schedule J · 7 reported individuals · Filing year 2024

Chief Financial Officer
$208k
$225k
Base
$180k
Bonus
Other
Benefits
$17k
Executive Director
$204k
$220k
Base
$191k
Bonus
Other
Benefits
$1k
Director Field Officer
highest compensated employee
$172k
$186k
Base
$148k
Bonus
Other
Benefits
$15k
Regional Director
highest compensated employee
$156k
$168k
Base
$120k
Bonus
Other
Benefits
$28k
Regional Director
highest compensated employee
$146k
$158k
Director of Research
highest compensated employee
$144k
$155k
Director
highest compensated employee
$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

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.

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

Revenue and expenses over time

WORKFORCE DEVELOPMENT INSTITUTE INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$11.5M
$11.2M
2022
$14.1M
$13.8M
2023
$16.4M
$16M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in New York

Comparable education organizations in New York pay their highest-earning executive a median of $166,518.

25th percentile
$64k
Median
$166,518
75th percentile
$306k
90th percentile
$609k

These are education sector-wide figures, not this organization's reported pay. Based on 774 organizations across 774 filings (2021 – 2023).

See full Education pay data for New York
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