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Filing year 2023

VELOCITY ENTREPRENEURIAL DRIVE

El Dorado Hills, California·EIN 26-0382616·NTEE T300 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$240k
Total assets
$113
Total expenses
$240k
Reported officers
2
Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT AND ENCOURAGE ENTREPRENEURSHIP.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California.

Executive Di
25th percentile to median
$110k
$120k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VELOCITY ENTREPRENEURIAL DRIVE equaled 46% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
46%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about VELOCITY ENTREPRENEURIAL DRIVE

What does the Chief Executive Officer of VELOCITY ENTREPRENEURIAL DRIVE earn?

In 2023, the Chief Executive Officer of VELOCITY ENTREPRENEURIAL DRIVE received $110,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in California, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VELOCITY ENTREPRENEURIAL DRIVE compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2023 pay of the Chief Executive Officer at VELOCITY ENTREPRENEURIAL DRIVE falls between the 25th percentile and the median. In 2023, the highest total compensation at VELOCITY ENTREPRENEURIAL DRIVE equaled 46% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are VELOCITY ENTREPRENEURIAL DRIVE's revenue and expenses?

In 2023, VELOCITY ENTREPRENEURIAL DRIVE reported $240k in total revenue and $240k in total expenses on its IRS Form 990.

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