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Filing year 2024

GARDEN STATE INITIATIVE INC

Morristown, New Jersey·EIN 81-4373354·NTEE W05 · Public & Societal Benefit·501(c)(3)
Total revenue
$505k
Total assets
$329k
Total expenses
$419k
Reported officers
8
Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO STRENGTHEN NEW JERSEY BY PROVIDING AN ALTERNATIVE VOICE AND COMMON-SENSE POLICY SOLUTIONS IN THE STATE, SOLUTIONS THAT PROMOTE NEW INVESTMENT, THE GROWTH OF BUSINESSES, THE CREATION OF ECONOMIC OPPORTUNITIES AND INNOVATION TO THE BENEFIT OF ALL NEW JERSEYANS.

Executive compensation

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

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President
25th percentile to median
$63k
$68k

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 7 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GARDEN STATE INITIATIVE INC equaled 15% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
15%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit 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 31%
from 2023

From $92k in 2023 to $63k in 2024.

$92k
2023
$63k
2024
In today's dollarsEst.
Down 33% in real terms$103k to $68k

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.

Among peers

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

FAQ

Common questions about GARDEN STATE INITIATIVE INC

What does the Chief Executive Officer of GARDEN STATE INITIATIVE INC earn?

In 2024, the Chief Executive Officer of GARDEN STATE INITIATIVE INC received $63,333 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GARDEN STATE INITIATIVE INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at GARDEN STATE INITIATIVE INC falls between the 25th percentile and the median. In 2024, the highest total compensation at GARDEN STATE INITIATIVE INC equaled 15% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are GARDEN STATE INITIATIVE INC's revenue and expenses?

In 2024, GARDEN STATE INITIATIVE INC reported $505k in total revenue and $419k in total expenses on its IRS Form 990.

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