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Filing year 2024

INVEST NEWARK A NEW JERSEY NONPROFIT CORP

Newark, New Jersey·EIN 26-0829057·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$10.3M
Total assets
$35.2M
Total expenses
$8.7M
Reported officers
15
Mission

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 · Schedule J · 8 reported individuals · Filing year 2024

$243k
$263k
Base
$180k
Bonus
Other
Benefits
$33k
Base
$181k
Bonus
Other
Benefits
$23k
Chief Innovative Economy Officer
key employee
$213k
$230k
Base
$180k
Bonus
Other
Benefits
$10k
General Counsel
key employee
$208k
$225k
Base
$173k
Bonus
Other
Benefits
$24k
Chief Real Estate Development Officer
$189k
$204k
Base
$165k
Bonus
Other
Benefits
Chief Business Development Officer
$187k
$202k
Base
$155k
Bonus
Other
Benefits
$15k
SVP of Finance
senior vice president
$149k
$161k
Chief Lending Development Officer
$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

Up 1%
from 2023

From $240k in 2023 to $243k in 2024.

$240k
2023
$243k
2024
In today's dollarsEst.
Down 2% in real terms$269k to $263k

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

INVEST NEWARK A NEW JERSEY NONPROFIT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.5M
$6.6M
2023
$10.3M
$8.7M
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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