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Filing year 2023

MINORITY BUSINESS INSTITUTE INC

Princeton Junction, New Jersey·EIN 27-3245080·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.3M
Total assets
$397k
Total expenses
$773k
Reported officers
14
Mission

THROUGH EDUCATION AND ADVOCACY, THE MINORITY BUSINESS INSTITUTE MISSION IS TO ASSIST THE MINORITY CONTRACTOR POPULATION TO DEVELOP SOCIO-ECONOMIC PARITY BY ADDRESSING BUSINESS ISSUES THAT CREATE BARRIERS TO SUCCESS.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New Jersey.

CEO
Median to 75th percentile
$150k
$167k
Executive Di
25th percentile to median
$50k
$56k
Executive Di
25th percentile to median
$50k
$56k

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 11 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MINORITY BUSINESS INSTITUTE INC equaled 19% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
19%
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.

Held steady
from 2022

From $150k in 2022 to $150k in 2023.

$150k
2022
$150k
2023
In today's dollarsEst.
Down 3% in real terms$173k to $167k

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.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 102%.

$150k in 2022 to $150k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 MINORITY BUSINESS INSTITUTE INC

What does the Chief Executive Officer of MINORITY BUSINESS INSTITUTE INC earn?

In 2023, the Chief Executive Officer of MINORITY BUSINESS INSTITUTE INC received $150,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Jersey, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINORITY BUSINESS INSTITUTE INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New Jersey, the 2023 pay of the Chief Executive Officer at MINORITY BUSINESS INSTITUTE INC falls between the median and the 75th percentile. In 2023, the highest total compensation at MINORITY BUSINESS INSTITUTE INC equaled 19% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MINORITY BUSINESS INSTITUTE INC's revenue and expenses?

In 2023, MINORITY BUSINESS INSTITUTE INC reported $1.3M in total revenue and $773k in total expenses on its IRS Form 990.

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