FOR IMMEDIATE RELEASE
For more information, contact:
Tia Embaugh, Vice President of External Relations
FEDCAP AND SINGLE STOP COMBINE TO ADVANCE ECONOMIC EQUITY
NEW YORK, NY (February 8th, 2017) – Fedcap Rehabilitation Services, Inc. and Single Stop USA, a nationwide agency that provides coordinated access to resources for education and job readiness, are combining their enterprises to strengthen their mutual goals of advancing equity for those with barriers to economic well-being. The combination, which is formalized on February 1, promises to extend the geographic, demographic, and programmatic reach of both organizations.
“This combination is an incredible opportunity to broaden our programmatic strengths and to increase our collective impact,” said Christine McMahon, CEO of Fedcap. “Together our two agencies, with strong mission synergies, will significantly increase the depth and breadth of our services. The Fedcap family of agencies is committed to creating sustainable, relevant impact. In Single Stop, we have found a partner that is similarly committed and who believes in manifesting possibilities for thousands of people where none previously existed.”
Both agencies were founded on the principle of helping people advance economic self-sufficiency by eliminating barriers and providing precise interventions, and tapping into existing community and personal resources—the cornerstones of achieving equity. “Together we will be able to fight poverty with an even greater arsenal of resources,” said Christy Reeves, Executive Director of Single Stop. “We are each committed to the highest standards of innovation and quality of services. And, we bring a strong, dedicated, staff with the vision and the ability to execute that vision in support of our mission.”
Fedcap and its family of agencies—including Wildcat Services Corp, ReServe, Boston-based Community Work Services, Easter Seals New York and Rhode Island and New Hampshire based Granite Pathways and Seacoast Pathways— serves over 100,000 people annually. Currently, programs are fully operational in ten states and, with the combination with Single Stop, will add five more to its geographic footprint.
Single Stop has direct impact on over one million households by helping people access government resources through education loans, tax preparation, and access to life supports that often get in the way of achieving equity, such as housing, transportation, academic and social support.
“We are very excited to work together as we create new platforms for service delivery,” said Ms. McMahon. “Together we can leverage our strengths to build capacity both internally and in service to the greater community.”
As with other Fedcap combinations, Single Stop will remain its own 501 c3, with its independent identity, but will be folded into the infrastructure of Fedcap’s 3,600-employee base. Their headquarters will remain in New York, while continuing their outreach throughout the U.S.
“Come February 1, our integration will be official,” said Ms. Reeves. “And we are looking forward to the combined energy, power, and capacity that comes with being part of the Fedcap family.”