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African Center For Economic Transformation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113803281 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is African Center For Economic Transformation?

The African Center for Economic Transformation (ACET) is an economic policy institute situated in Washington, D.C., specifically at 1776 K Street NW. Its primary mission is to support long-term growth and transformation in African countries, aiming to reduce poverty and improve livelihoods for all Africans. The ACET achieves this by providing research, policy advice, and institutional strengthening. They aim to foster sustainable development on the continent beyond the continent's recent impressive economic growth, which has been driven by macroeconomic reforms, better business environments, and high commodity prices. In essence, ACET serves as a pre-eminent African organization advancing African solutions to African transformation challenges.


Official website here: www.acetforafrica.org

Is African Center For Economic Transformation legitimate?

African Center For Economic Transformation is a legitimate nonprofit organization registered as a 501(c)(3) entity. African Center For Economic Transformation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,222,391
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,251

For more financial information, click here


Official website here: www.acetforafrica.org

What is the mission statement of African Center For Economic Transformation?

The African Center for Economic Transformation serves as an economic policy institute, supporting long-term growth in African countries through transformation. Their mission is to provide research, policy advice, and institutional strengthening to assist African nations in developing their economies, reducing poverty, and improving livelihoods for all Africans. The organization is recognized as the pre-eminent African entity advancing African solutions to African transformation challenges. In essence, the African Center for Economic Transformation aims to contribute to Africa's development by focusing on economic policy, offering advisory services, and enhancing institutional capabilities. Their ultimate goal is to alleviate poverty and improve living standards for the continent's population. The African Center for Economic Transformation plays a crucial role in supporting Africa's economic transformation by leveraging its expertise and resources to address the continent's unique challenges.


Official website here: www.acetforafrica.org

Who is the CEO of African Center For Economic Transformation?

Kinsley Y Amoako is the President/Ceo of African Center For Economic Transformation. The CEO's salary of African Center For Economic Transformation is $433,548 and their total compensation is $433,548.


Official website here: www.acetforafrica.org

What is the revenue of African Center For Economic Transformation?

African Center For Economic Transformation's revenue in 2022 was $5,485,959.


Official website here: www.acetforafrica.org

Who are the executives of African Center For Economic Transformation and what are their salaries?

Here are 16 key members and their salaries (African Center For Economic Transformation's CEO's salary is $433,548 and their total compensation is $433,548):

    K Y Amoako (President/Ceo) [Trustee/Director]
  • Compensation: $433,548
  • Related: $0
  • Other: $0

    • Mavis Owusu-Gyamfi (Executive Vice President) [Trustee/Director]
  • Compensation: $293,265
  • Related: $0
  • Other: $0

    • Daniel Nti (Director/Officer)
  • Compensation: $293,265
  • Related: $0
  • Other: $0

    • Edward K Brown (Officer)
  • Compensation: $191,808
  • Related: $0
  • Other: $0

    • Roberto J Tibana (Officer)
  • Compensation: $168,000
  • Related: $0
  • Other: $0

    • Maura K Leary (Officer)
  • Compensation: $168,000
  • Related: $0
  • Other: $0

    • Rob Floyd (Officer)
  • Compensation: $163,100
  • Related: $0
  • Other: $0

    • Tito Mboweni (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Peiffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lord Paul Boateng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Westcott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benno Ndulu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchelle Ndiaye Ntab (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eveline Herfkenns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arkebe Oqubay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosine Sori-Coulibaly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.acetforafrica.org

    Where can I find the form 990 for African Center For Economic Transformation?

    The African Center For Economic Transformation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.acetforafrica.org

    Learn more at the official website: www.acetforafrica.org

    Mission Statement of African Center For Economic Transformation

    The African Center for Economic Transformation, abbreviated as ACET, serves as an economic policy institute with a mission to support Africa's long-term growth through transformation. This pre-eminent African organization advances African solutions to African transformation challenges. In line with its mission, ACET provides research, policy advice, and institutional strengthening for African countries to develop their economies, reduce poverty, and improve livelihoods for all Africans. The organization strives to contribute to Africa's sustainable development by focusing on macroeconomic reforms, enhancing business environments, and leveraging high commodity prices.

    Impact

    This information is meant to be a general summary of African Center For Economic Transformation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The African Center for Economic Transformation is a leading economic policy institute that provides research, policy advice, and institutional strengthening for African countries to develop their economies, reduce poverty, and improve livelihoods for all Africans. Through its work, the organization aims to support Africa's long-term growth through transformation. Their impact lies in advancing African solutions to economic challenges and promoting sustainable development on the continent.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $5,485,959

    • Assets and Liabilities:
  • Total Assets: $2,404,471
  • Total Liabilities: $2,124,588
  • Net Assets: $279,883
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Kinsley Y Amoako

    Main Address

    1776 K STREET NW, WASHINGTON, DC, 20006

    NTEE Category

    Code: Q30 - International

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