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Filing year 2024

ACCESS TO CAPITAL FOR ENTREPRENEURS INC

Cleveland, Georgia·EIN 58-2383669·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$25M
Total assets
$134.3M
Total expenses
$15.4M
Reported officers
20
Mission

SEE SCHEDULE OACCESS TO CAPITAL FOR ENTREPRENEURS, INC. (ACE), IS A NONPROFIT ORGANIZATION THAT PROVIDES LOANS TO START AND GROW BUSINESSES. ACE IS THE LARGEST GEORGIA-BASED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) FOCUSED ON SMALL BUSINESSES. FOUNDED IN 2000 WITH A $50,000 GRANT TO SERVE FOUR NORTH GEORGIA COUNTIES, ACE WAS CERTIFIED AS A CDFI IN 2004. ACE HAS SIGNIFICANTLY EXPANDED ITS REACH AND IMPACT OVER THE YEARS, WITH OFFICES IN ATLANTA, TIFTON SOUTHWEST GEORGIA)AND CLEVELAND (NORTH GEORGIA), ALONG WITH WOMEN'S BUSINESS CENTERS IN NORCROSS (METRO-ATLANTA) AND SAVANNAH. ACE'S MISSION IS TO HELP SMALL BUSINESSES GROW BY REMOVING BARRIERS TO ACCESSING CAPITAL. ACE OFFERS ITS BORROWERS BUSINESS DEVELOPMENT RESOURCES TO CREATE FINANCIALLY AND ENVIRONMENTALLY SUSTAINABLE BUSINESSES. SINCE ITS INCEPTION, ACE HAS PROVIDED OVER $246 MILLION IN LOANS TO 2,800 SMALL BUSINESSES, CREATING OR RETAINING MORE THAN 22,000 JOBS.

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 Community Improvement & Capacity Building organizations nationwide.

President & CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in Georgia
$551k
$584k
Base
$506k
Bonus
$25k
Other
Benefits
$293
Chief Credit Officer
Highest Compensated Employee
75th to 90th percentile
$227k
$241k
Base
$205k
Bonus
$10k
Other
Benefits
$5k
Chief of Strategic Partnerships
Highest Compensated Employee
Median to 75th percentile
$198k
$210k
Base
$161k
Bonus
$15k
Other
Benefits
$17k
Vice President
Board Vice President
Median to 75th percentile
$183k
$195k
Base
$165k
Bonus
$11k
Other
Benefits
$2k
Director of Lending
Highest Compensated Employee
Median to 75th percentile
$176k
$187k
Base
$164k
Bonus
$6k
Other
Benefits
$2k
President of Business Development
Highest Compensated Employee
Median to 75th percentile
$174k
$185k
Base
$164k
Bonus
$6k
Other
Benefits
Chief Financial Officer
Median to 75th percentile
$124k
$132k

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 13 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 ACCESS TO CAPITAL FOR ENTREPRENEURS INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
4%
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.

Funded by

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

Up 7%
from 2023

From $514k in 2023 to $551k in 2024.

$514k
2023
$551k
2024
In today's dollarsEst.
Up 4% in real terms$561k to $584k

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

Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue fell 7%.

$514k in 2023 to $551k in 2024.
  • Highest Compensated Employee pay rose 30% from 2023 to 2024.
  • Board Vice President pay rose 19% from 2023 to 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 ACCESS TO CAPITAL FOR ENTREPRENEURS INC

What does the Chief Executive Officer of ACCESS TO CAPITAL FOR ENTREPRENEURS INC earn?

In 2024, the Chief Executive Officer of ACCESS TO CAPITAL FOR ENTREPRENEURS INC received $550,676 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Georgia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ACCESS TO CAPITAL FOR ENTREPRENEURS INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Georgia, the 2024 pay of the Chief Executive Officer at ACCESS TO CAPITAL FOR ENTREPRENEURS INC falls in the top 10%. In 2024, the highest total compensation at ACCESS TO CAPITAL FOR ENTREPRENEURS INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ACCESS TO CAPITAL FOR ENTREPRENEURS INC's revenue and expenses?

In 2024, ACCESS TO CAPITAL FOR ENTREPRENEURS INC reported $25M in total revenue and $15.4M in total expenses on its IRS Form 990.

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