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Filing year 2024

757 ACCELERATE INC

Norfolk, Virginia·EIN 82-3232312·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.2M
Total assets
$508k
Total expenses
$1.7M
Reported officers
17
Mission

757 ACCELERATE IS A NON-PROFIT STARTUP ACCELERATOR AND INCUBATOR PROGRAM. OUR MISSION IS TO PROVIDE STARTUPS WITH THE CUSTOMIZED RESOURCES AND CAPITAL THEY NEED TO GROW. WE BOOST PROMISING STARTUPS TOWARDS CUSTOMER TRACTION AND REVENUE USING THEIR OWN NETWORK OF MENTORS, INVESTORS, SUPPORT SERVICE, WORKING SPACE, AND A LEAN STARTUP EDUCATION. OUR VALUES ARE ENTREPRENEURS-FIRST, GIVE BEFORE YOU GET, AND A LONG-TERM COMMITMENT TO HELPING STARTUPS DO MORE, FASTER.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Virginia.

Secretary
Highest Compensated Employee
25th percentile to median
$140k
$149k
Predsident
Board Member
75th to 90th percentilevs Community Improvement & Capacity Building peers nationwide
$101k
$107k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 15 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at 757 ACCELERATE INC equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
8%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 141%
from 2023

From $58k in 2023 to $140k in 2024.

$58k
2023
$140k
2024
In today's dollarsEst.
Up 134% in real terms$64k to $149k

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

Pay for the position

Board Member pay rose 236% from 2023 to 2024, while revenue fell 21%.

$30k in 2023 to $101k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 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 757 ACCELERATE INC

What does the Highest Compensated Employee of 757 ACCELERATE INC earn?

In 2024, the Highest Compensated Employee of 757 ACCELERATE INC received $140,400 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Community Improvement & Capacity Building organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at 757 ACCELERATE INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Virginia, the 2024 pay of the Highest Compensated Employee at 757 ACCELERATE INC falls between the 25th percentile and the median. In 2024, the highest total compensation at 757 ACCELERATE INC equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are 757 ACCELERATE INC's revenue and expenses?

In 2024, 757 ACCELERATE INC reported $1.2M in total revenue and $1.7M in total expenses on its IRS Form 990.

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