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Filing year 2024

RIPPLE EFFECT ENTREPRENEURS FUND INC

Lakewood, New Jersey·EIN 83-1688000·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.4M
Total assets
$3.9M
Total expenses
$262k
Reported officers
4
Mission

RIPPLE EFFECT ENTREPRENEURS FUND (REEF) IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROVIDE COMMUNITY ECONOMIC DEVELOPMENT TO UNDERSERVED PEOPLE AND COMMUNITIES. REEF PROVIDES LOANS AND TECHNICAL ASSISTANCE TO HELP BORROWERS AND LOW INCOME INDIVIDUALS CREATE AND GROW SUSTAINABLE BUSINESSES.

Reported officers (all unpaid)

No paid executives reported in 2024. RIPPLE EFFECT ENTREPRENEURS FUND INC reported 4 unpaid officers and board members on its 990.

Trustee
Trustee
Trustee
Trustee
Financial trend

Revenue and expenses over time

RIPPLE EFFECT ENTREPRENEURS FUND INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$755k
$217k
2023
$1.4M
$262k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New Jersey

RIPPLE EFFECT ENTREPRENEURS FUND INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in New Jersey earns a median of $84,904.

25th percentile
$32k
Median
$84,904
75th percentile
$162k
90th percentile
$295k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 217 organizations across 217 filings (2022 – 2024).

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

Common questions about RIPPLE EFFECT ENTREPRENEURS FUND INC

What are RIPPLE EFFECT ENTREPRENEURS FUND INC's revenue and expenses?

In 2024, RIPPLE EFFECT ENTREPRENEURS FUND INC reported $1.4M in total revenue and $262k in total expenses on its IRS Form 990.

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