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The Commonwealth Institute For Fiscal Analysis

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

EIN: 271598303 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Overview

What is The Commonwealth Institute For Fiscal Analysis?

The Commonwealth Institute for Fiscal Analysis is a dedicated nonprofit organization located at 1329 E CARY STREET, Richmond, VA 23219. Their primary focus is on providing credible, independent, and accessible information and analysis on fiscal and economic issues, paying special attention to the impacts on low and moderate-income individuals. They achieve this through research, analysis, and education in various sectors such as budget and tax, labor and wage, healthcare, immigration, and decriminalization of poverty. Their mission is to employ policy, research, and analysis to enhance the well-being of Virginia communities and improve the economic security and social opportunities for all Virginians. The organization currently employs 20 individuals.


Official website here: www.thecommonwealthinstitute.org

Is The Commonwealth Institute For Fiscal Analysis legitimate?

The Commonwealth Institute For Fiscal Analysis is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Commonwealth Institute For Fiscal Analysis 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,282,852

For more financial information, click here


Official website here: www.thecommonwealthinstitute.org

What is the mission statement of The Commonwealth Institute For Fiscal Analysis?

The Commonwealth Institute for Fiscal Analysis uses policy, research, and analysis to enhance the well-being of Virginia communities. Their mission is to improve the economic security and social opportunities for all Virginians. The institution provides credible, independent, and accessible information and analysis on fiscal and economic issues, with a focus on the impacts on low and moderate income individuals. This is achieved through research, analysis, and education in areas such as budget and tax, labor and wage, healthcare, immigration, and decriminalization of poverty.


Official website here: www.thecommonwealthinstitute.org

Who is the CEO of The Commonwealth Institute For Fiscal Analysis?

Ashley Kenneth is the Chair of The Commonwealth Institute For Fiscal Analysis. The CEO's salary of The Commonwealth Institute For Fiscal Analysis is $154,670 and their total compensation is $154,670.


Official website here: www.thecommonwealthinstitute.org

What is the revenue of The Commonwealth Institute For Fiscal Analysis?

The Commonwealth Institute For Fiscal Analysis's revenue in 2022 was $2,298,835.


Official website here: www.thecommonwealthinstitute.org

Who are the executives of The Commonwealth Institute For Fiscal Analysis and what are their salaries?

The average compensation at The Commonwealth Institute For Fiscal Analysis during 2022 was $64,143. There are 20 employees and 8 volunteers at The Commonwealth Institute For Fiscal Analysis.

Here are 9 key members and their salaries (The Commonwealth Institute For Fiscal Analysis's CEO's salary is $154,670 and their total compensation is $154,670):

    Ashley Kenneth (President & Ceo)
  • Compensation: $154,670
  • Related: $0
  • Other: $0

    • Leigh Anne Collins (Senior Vice President)
  • Compensation: $135,054
  • Related: $0
  • Other: $0

    • Sharhonda Woods (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Conti (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Maag (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pierre Green (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cassandra Willis (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Lin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Destiny Leverne (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thecommonwealthinstitute.org

    Where can I find the form 990 for The Commonwealth Institute For Fiscal Analysis?

    The The Commonwealth Institute For Fiscal Analysis’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thecommonwealthinstitute.org

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

    Mission Statement of The Commonwealth Institute For Fiscal Analysis

    The Commonwealth Institute for Fiscal Analysis is committed to utilizing policy, research, and analysis to enhance the well-being of Virginia communities and improve the economic security and social opportunities for all Virginians. By leveraging credible, independent, and accessible information and analysis on fiscal and economic issues, the organization pays special attention to the impacts on low and moderate income individuals. This is achieved through comprehensive research, analysis, and education in various areas such as budget and tax, labor and wage, healthcare, immigration, and decriminalization of poverty. By doing so, The Commonwealth Institute for Fiscal Analysis aims to contribute to informed policy decisions that benefit the broader Virginia community.

    Impact

    This information is meant to be a general summary of The Commonwealth Institute For Fiscal Analysis. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Commonwealth Institute for Fiscal Analysis positively impacts Virginia communities by using policy, research, and analysis to advocate for the well-being of its residents. Their work focuses on improving economic security and social opportunities for all Virginians, with a particular emphasis on low and moderate-income individuals. Through research, analysis, and education in areas such as budget, tax, labor, healthcare, immigration, and decriminalization of poverty, the Institute provides credible, independent, and accessible information to inform decision-making and promote a more equitable society. Their efforts contribute to a better understanding of fiscal and economic issues, ultimately leading to more informed policies and programs that benefit the entire community.





    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: $20,006
  • Program Service Revenue: $8,804
  • Gross Receipts: $2,298,835

    • Assets and Liabilities:
  • Total Assets: $3,717,095
  • Total Liabilities: $210,585
  • Net Assets: $3,506,510
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HONORARIUM

    Revenue

    $8,804

    Organization Details

    Founding Year

    2010

    Principal Officer

    Ashley Kenneth

    Main Address

    1329 E CARY STREET 200, RICHMOND, VA, 23219

    NTEE Category

    Code: W22 - Public benefit

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