PeerBasis
Comparability preview

African Economic Development Solutions

EIN 800345712 · MN · NTEE B60 · revenue $3,868,135 · FY 2023-12-31

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64th percentile

We compared this Executive Director / CEO's pay to 42 similar education nonprofits of about the same size, adjusted for MN cost of living and inflation.

GENE GELGELU · reported title "PRESIDENT & CEO".

How we chose them
Every comparable organization in the band — 42 in total — matched by Same NTEE sector (B60), nationwide + budget 0.71–1.4× revenue, and selected by rule, not hand-picked. Peer pay is normalized to MN cost of living (BEA Regional Price Parities) and to the subject's filing year (CPI-U). Full methodology →
OrganizationStateRevenueTotal compFiling
Resource Training Center Inc NY $3,764,237 $137,175 990 →
Allbritton Journalism Institute VA $4,082,099 $291,136 990 →
National Mental Health Corps Inc CT $3,650,920 $151,904 990 →
Joint Apprenticeship Training Fund NJ $4,088,468 $281,082 990 →
Transmit Receive Labs Inc TX $4,101,846 $43,266 990 →
🔒 +37 more comparable organizations — the full peer set, sources, and CSV export are included in your board report.
Generate the board-ready determination

A formatted PDF with the full 42-organization peer set, the distribution, the methodology, and ready-to-adopt 26 CFR 53.4958-6 board-minutes language — timestamped to attach to your minutes. A screenshot of a webpage isn't board minutes.

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