Community Improvement · NJ
Greater Newark Enterprises Corp
Greater Newark Enterprises Corp reported paying Victor Salama, Executive Director, $229,583 in total compensation (FY 2024).
That places Victor Salama at approximately the 65th percentile among 20 similarly sized community improvement nonprofits (median $198,580).
$2,936,594Total revenue (FY 2024)
$229,583Total executive compensation
65thPercentile vs. peers
Setting executive pay for this board?
Generate a board-ready comparability report for Greater Newark Enterprises Corp — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.
Build the comparability report →Comparable community improvement nonprofits
Compensation is normalized to NJ cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| Small Business Aid Inc | IN | $2,929,767 | $107,704 |
| Western Regional Minority Supplier | CA | $2,861,594 | $223,152 |
| Spedd Inc | PA | $3,034,418 | $268,387 |
| Woodland Financial Partners | WI | $2,731,167 | $119,815 |
| Startx | CA | $2,675,139 | $547,640 |
| Alternatives In Action | CA | $3,198,376 | $147,351 |
| Prince George's Financial Services | MD | $3,279,015 | $189,123 |
| Georgia Micro Enterprise Network | GA | $3,300,724 | $222,170 |