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Filing year 2024

Commonwise Education Inc

Bronx, New York·EIN 45-2201993·NTEE S43 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$315k
Total assets
$480k
Total expenses
$625k
Reported officers
9
Mission

THE ORGANIZATION COORDINATES THE PEOPLE, BUSINESSES AND INSTITUTIONS OF THE BRONX TO DEVELOP SHARED WEALTH AND OWNERSHIP AND SUPPORTS LOW INCOME PEOPLE OF COLOR IN THE DECISION MAKING PROCESS AT EVERY STEP. THIS NETWORK OF STAKEHOLDERS,IS KNOWN AS THE BRONX COOPERATIVE DEVELOPMENT INITIATIVE (BCDI). BASED ON A FRAMEWORK OF ECONOMIC DEMOCRACY, BCDI LEVERAGES EXISTING BRONX ASSETS TO ADDRESS ECONOMIC, SOCIAL, AND ENVIRONMENTAL CHALLENGES WITHIN THE BOROUGH, AND SUPPORTS COLLECTIVE OWNERSHIP MODELS IN ORDER TO DISTRIBUTE WEALTH AND DECISION-MAKING EQUITABLY AND BROADLY AMONG BRONX RESIDENTS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Executive Dir.
Officer (Unspecified)
$31k
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 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 Commonwise Education Inc equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
5%
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.

Down 41%
from 2023

From $52k in 2023 to $31k in 2024.

$52k
2023
$31k
2024
In today's dollarsEst.
Down 43% in real terms$58k to $33k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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.

Among peers

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

FAQ

Common questions about Commonwise Education Inc

What are Commonwise Education Inc's revenue and expenses?

In 2024, Commonwise Education Inc reported $315k in total revenue and $625k in total expenses on its IRS Form 990.

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