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Filing year 2024

INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC

Newark, New Jersey·EIN 04-3660900·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$3.5M
Total assets
$3.1M
Total expenses
$3.6M
Reported officers
9
Mission

THE NBSP;INSTITUTE NBSP;FOR NBSP;ENTREPRENEURIAL NBSP;LEADERSHIP NBSP;(IFEL) NBSP;FOUNDED NBSP;IN NBSP;2002 NBSP;IS NBSP;AN NBSP;INDEPENDENT NBSP;501(C)(3) NBSP;NONPROFIT NBSP;ORGANIZATION NBSP;THAT NBSP;SEEKS NBSP;TO NBSP;FOSTER NBSP;A NBSP;MORE NBSP;INCLUSIVE NBSP;ENTREPRENEURIAL NBSP;ECOSYSTEM NBSP;OUR NBSP;MISSION NBSP;IS NBSP;TO NBSP;ERADICATE NBSP;THE NBSP;SYSTEMIC NBSP;BARRIERS NBSP;THAT NBSP;PREVENT NBSP;PEOPLE NBSP;FROM NBSP;HISTORICALLY NBSP;EXCLUDED NBSP;POPULATIONS NBSP;FROM NBSP;ACCESSING NBSP;THE NBSP;KNOWLEDGE NBSP;NETWORKS NBSP;AND NBSP;CAPITAL NBSP;REQUIRED NBSP;FOR NBSP;ENTREPRENEURIAL NBSP;SUCCESS NBSP;AND NBSP;WEALTH NBSP;CREATION NBSP;IFEL NBSP;WORKS NBSP;WITH NBSP;CORPORATE NBSP;INSTITUTIONAL NBSP;HIGHER NBSP;EDUCATION NBSP;AND NBSP;COMMUNITY NBSP;PARTNERS NBSP;TO NBSP;DEVELOP NBSP;AND NBSP;IMPLEMENT NBSP;INNOVATIVE NBSP;INCLUSIVE NBSP;HIGH-TOUCH NBSP;PROGRAMMING NBSP;THAT NBSP;PROMOTES NBSP;INCLUSION NBSP;WITHIN NBSP;THE NBSP;ENTREPRENEURIAL NBSP;ECOSYSTEM NBSP;L

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

President, Capital Access
highest compensated employee
$236k
$256k
Chief Executive Officer
$231k
$250k
Vice President of Marketing
vice president
$112k
$121k

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 6 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Down 24%
from 2023

From $313k in 2023 to $236k in 2024.

$313k
2023
$236k
2024
In today's dollarsEst.
Down 27% in real terms$351k to $256k

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.
Financial trend

Revenue and expenses over time

INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.5M
$2.9M
2023
$3.5M
$3.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New Jersey

Comparable community improvement & capacity building organizations in New Jersey pay their highest-earning executive a median of $72,716.

25th percentile
$34k
Median
$72,716
75th percentile
$165k
90th percentile
$311k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 58 organizations across 58 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New Jersey
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