Skip to main content
Filing year 2024

New Life Enterprises Corp

Richmond, Virginia·EIN 42-1529285·NTEE J22 · Employment·3
Total revenue
$526k
Total assets
$70k
Total expenses
$508k
Reported officers
3
Mission

TO OPERATE FOR CHARITABLE AND EDUCATIONAL PURPOSES BY CONDUCTIONG OR SUPPORTING ACTIVITIES FOR THE BENEFIT OF OR TO CARRY OUT THE PURPOSES OF NEW LIFE FOR YOUTH, INC.

Reported officers (all unpaid)

No paid executives reported in 2024. New Life Enterprises Corp reported 3 unpaid officers and board members on its 990.

Treasurer
Vice President
President
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at New Life Enterprises Corp equaled 7% of the organization's total expenses. The median for employment organizations is 7%.

This organization (2023)
7%
Sector median
7%
Middle half of sector
3% to 16%

Based on 3,595 employment organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $39k in 2022 to $39k in 2023.

$39k
2022
$39k
2023
In today's dollarsEst.
Down 4% in real terms$45k to $43k

Estimated with BLS CPI-U for the South 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 2%.

$39k in 2022 to $39k 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.
Financial trend

Revenue and expenses over time

New Life Enterprises Corp reported revenue and expenses across 3 filing years.

RevenueExpenses
$540k
$539k
2022
$549k
$535k
2023
$526k
$508k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Employment executives earn

New Life Enterprises Corp reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable employment organization nationwide earns a median of $90,000.

25th percentile
$23k
Median
$90,000
75th percentile
$159k
90th percentile
$247k

These are employment sector-wide figures, not this organization's reported pay. Based on 1,065 organizations across 1,065 filings (2021 – 2023).

See full Employment compensation data

Similar Organizations

$514k revenue
Same sector (J22)Very similar revenue ($514k vs $526k)Same state (Virginia)
Same sector (J22)Similar revenue ($413k vs $526k)Same state (Virginia)Similar size (9 vs 9 executives)
Similar sector (J)Very similar revenue ($473k vs $526k)Same state (Virginia)Similar size (9 vs 9 executives)
Similar sector (J)Very similar revenue ($494k vs $526k)Same state (Virginia)Similar size (9 vs 9 executives)
Neighborhood

Chesapeake, VA

$569k revenue
Similar sector (J)Very similar revenue ($569k vs $526k)Same state (Virginia)Similar size (10 vs 9 executives)
Similar sector (J)Very similar revenue ($506k vs $526k)Same state (Virginia)
$451k revenue
Similar sector (J)Similar revenue ($451k vs $526k)Same state (Virginia)Similar median compensation ($39k vs $39k)
Same sector (J22)Comparable revenue ($680k vs $526k)Same state (Virginia)
Oakwood Arts Inc

Richmond, VA

$343k revenue
Same sector (J22)Comparable revenue ($343k vs $526k)Same state (Virginia)
$464k revenue
Similar sector (J)Similar revenue ($464k vs $526k)Same state (Virginia)Similar size (11 vs 9 executives)
FAQ

Common questions about New Life Enterprises Corp

What are New Life Enterprises Corp's revenue and expenses?

In 2024, New Life Enterprises Corp reported $526k in total revenue and $508k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.