Global Entrepreneur In Residence Coalition Inc is located in Red Bank, NJ. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Entrepreneur In Residence Coalition Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Global Entrepreneur In Residence Coalition Inc generated $93.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $102.1k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GLOBAL ENTREPRENEUR IN RESIDENCE COALITION HAS GROWN TO A NETWORK OF 2 CITIES RUNNING GLOBAL ENTREPRENEUR IN RESIDENCE PROGRAMS THAT HAVE HELPED MORE THAN 100 FOUNDERS SUCCESSFULLY APPLY FOR VISAS TO BUILD THEIR BUSINESSES, RAISE $1.5 BILLION IN PRIVATE CAPITAL, AND CREATE MORE THAN 2,500 JOBS IN AREAS ACROSS THE UNITED STATES RANGING FROM ANCHORAGE, ALASKA, TO BOSTON, MASSACHUSETTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Montuori Executive Director/secretary | 40 | $87,000 | |
Christopher Nicholson Operations And Policy/treasurer | 1 | $0 | |
Jeff Bussgang President | 1 | $0 | |
Shiza Shahid Director | 1 | $0 | |
Laura Nelson Director | 1 | $0 | |
Nick Sinai Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $93,208 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $93,208 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $87,000 |
Professional fees and other payments to independent contractors | $10,123 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $132 |
Other expenses | $4,808 |
Total expenses | $102,063 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,417 |
Other assets | $0 |
Total assets | $3,998 |
Total liabilities | $0 |
Net assets or fund balances | $3,998 |
Over the last fiscal year, Global Entrepreneur In Residence Coalition Inc has awarded $75,110 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SAN JOSE STATE UNIVERSITY SILICON VALLEY ENTREPRENEURSHIP CENTER PURPOSE: LAUNCH GLOBAL EIR SAN JOSE | $50,010 |
Fairbanks, AK PURPOSE: LAUNCH GLOBAL EIR ANCHORAGE | $25,100 |
Over the last fiscal year, we have identified 3 grants that Global Entrepreneur In Residence Coalition Inc has recieved totaling $22,000.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,500 |
The Community Foundation Boulder, CO PURPOSE: General Operating Support | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |