INVEST NEWARK FACILITATED SMALL BUSINESS LOANS AND EXPANDED AN INITIATIVE TO GIVE SMALL AND MINORITY BUSINESSES MORE ACCESS TO CREDIT, CONTRACTING OPPORTUNITIES AND TECHNICAL ASSISTANCE TO PROMOTE SMALL MINORITY BUSINESS DEVELOPMENT.INVEST NEWARK ALSO IS PROMOTING HOME OWNERSHIP THROUGH ITS LAND BANK AND THE REAL ESTATE PROGRAMS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $180k
- Bonus
- —
- Other
- —
- Benefits
- $33k
- Base
- $181k
- Bonus
- —
- Other
- —
- Benefits
- $23k
- Base
- $180k
- Bonus
- —
- Other
- —
- Benefits
- $10k
- Base
- $173k
- Bonus
- —
- Other
- —
- Benefits
- $24k
- Base
- $165k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- $15k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO 75th to 90th percentilevs Community Improvement & Capacity Building peers in New Jersey | $180k | — | — | $33k | $243k $263k |
CFO 75th to 90th percentile | $181k | — | — | $23k | $234k $253k |
Chief Innovative Economy Officer Key Employee Median to 75th percentile | $180k | — | — | $10k | $213k $230k |
General Counsel Key Employee Median to 75th percentile | $173k | — | — | $24k | $208k $225k |
Chief Real Estate Development Officer 75th to 90th percentile | $165k | — | — | — | $189k $204k |
Chief Business Development Officer 75th to 90th percentile | $155k | — | — | $15k | $187k $202k |
SVP of Finance Senior Vice President 25th percentile to median | — | — | — | — | $149k $161k |
Chief Lending Development Officer 10th to 25th percentile | — | — | — | — | $63k $68k |
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 7 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at INVEST NEWARK A NEW JERSEY NONPROFIT CORP equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 1%
from 2023
From $240k in 2023 to $243k in 2024.
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.
Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue fell 37%.
- Chief Financial Officer pay rose 2% from 2023 to 2024.
- Chief Development Officer pay rose 37% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about INVEST NEWARK A NEW JERSEY NONPROFIT CORP
What does the Chief Executive Officer of INVEST NEWARK A NEW JERSEY NONPROFIT CORP earn?
In 2024, the Chief Executive Officer of INVEST NEWARK A NEW JERSEY NONPROFIT CORP received $242,995 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Jersey, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at INVEST NEWARK A NEW JERSEY NONPROFIT CORP compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in New Jersey, the 2024 pay of the Chief Executive Officer at INVEST NEWARK A NEW JERSEY NONPROFIT CORP falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INVEST NEWARK A NEW JERSEY NONPROFIT CORP equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are INVEST NEWARK A NEW JERSEY NONPROFIT CORP's revenue and expenses?
In 2024, INVEST NEWARK A NEW JERSEY NONPROFIT CORP reported $10.3M in total revenue and $8.7M in total expenses on its IRS Form 990.
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