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Global Entrepreneurship Network

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

EIN: 522315929 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

Overview

What is Global Entrepreneurship Network?

The Global Entrepreneurship Network (GEN) is a nonprofit organization with a mission to simplify business creation and expansion processes for individuals around the world. With operations in 180 countries, GEN fosters cross-border collaboration between entrepreneurs, researchers, policymakers, and entrepreneurial support organizations. Their primary focus is on removing barriers to entrepreneurship for historically underrepresented communities, including economically disadvantaged areas, LGBTQ+, women, Latino, Black, and veteran communities. GEN offers uncommon access to knowledge, networks, communities, and programs, aimed at fueling healthier start and scale ecosystems and creating more jobs, educating individuals, accelerating innovation, and strengthening economic growth. In response to the global pandemic, GEN partnered with several organizations to distribute nearly 7 million grants to entrepreneurs in need, both domestically and overseas.


Official website here: www.genglobal.org

Is Global Entrepreneurship Network legitimate?

Global Entrepreneurship Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Entrepreneurship Network 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: $800,674

For more financial information, click here


Official website here: www.genglobal.org

What is the mission statement of Global Entrepreneurship Network?

The Global Entrepreneurship Network operates programs in 180 countries, facilitating simpler business start-up and growth processes for individuals worldwide. By promoting deeper collaboration between entrepreneurs, researchers, policymakers, and entrepreneurial support organizations, GEN fosters the creation of healthier ecosystems that generate jobs, educate individuals, accelerate innovation, and bolster economic growth. GEN offers members uncommon access to valuable knowledge, networks, communities, and programs. A significant focus of GEN's work lies in identifying and eliminating barriers to entrepreneurship faced by historically underrepresented communities, including economically disadvantaged communities, LGBTQ+, women, Latino, Black, and veteran communities. With most net new jobs originating from firms younger than five years old, GEN's efforts contribute to the development of more inclusive and sustainable entrepreneurial ecosystems that can help alleviate economic burdens.


Official website here: www.genglobal.org

Who is the CEO of Global Entrepreneurship Network?

Jonathan Ortmans is the President/Di of Global Entrepreneurship Network.


Official website here: www.genglobal.org

What is the revenue of Global Entrepreneurship Network?

Global Entrepreneurship Network's revenue in 2022 was $12,304,430.


Official website here: www.genglobal.org

Who are the executives of Global Entrepreneurship Network and what are their salaries?

The average compensation at Global Entrepreneurship Network during 2022 was $80,067. There are 10 employees at Global Entrepreneurship Network.

Here are 10 key members and their salaries:

    Jonathan Ortmans (President/Di) [Trustee/Director]
  • Compensation: $607,197
  • Related: $0
  • Other: $9,150

    • Mark Marich (Exec. Vice P)
  • Compensation: $227,256
  • Related: $0
  • Other: $6,780

    • Jeff Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebeca Hwang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Pages (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Dhillon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Gore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.genglobal.org

    Where can I find the form 990 for Global Entrepreneurship Network?

    The Global Entrepreneurship Network’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.genglobal.org

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

    Mission Statement of Global Entrepreneurship Network

    The Global Entrepreneurship Network (GEN) operates in 180 countries, spearheading initiatives to simplify the process of starting and expanding businesses for individuals worldwide. By fostering deeper cross-border collaborations between entrepreneurs, researchers, policymakers, and entrepreneurial support organizations, GEN aims to cultivate healthier startup and scale ecosystems. These ecosystems generate more jobs, educate individuals, accelerate innovation, and strengthen economic growth. GEN extends unique access to its members, providing them with the most relevant knowledge, networks, communities, and programs.

    One of GEN's primary focuses is on recognizing and eliminating barriers to entrepreneurship faced by historically underrepresented communities, including economically disadvantaged areas, LGBTQ+, women, Latino, Black, and veteran communities. With most net new jobs originating from businesses under five years old, GEN is dedicated to fostering more inclusive and sustainable entrepreneurial ecosystems that can contribute to reducing the burden on societies. By identifying and addressing these barriers, GEN plays a crucial role in empowering entrepreneurs to create thriving businesses and contribute positively to their communities.

    Impact

    This information is meant to be a general summary of Global Entrepreneurship Network. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Global Entrepreneurship Network's impact can be seen in its work across 180 countries to make it easier for anyone, anywhere to start and scale a business. By fostering deep cross-border collaboration among entrepreneurs, researchers, policymakers, and support organizations, GEN fuels healthier start and scale ecosystems that create more jobs, educate individuals, accelerate innovation, and strengthen economic growth. Their efforts ensure members have unique access to relevant knowledge, networks, communities, and programs. GEN also focuses on identifying and removing barriers to entrepreneurship faced by historically underrepresented communities, including economically disadvantaged groups, LGBTQ+, women, Latinx, Black, and veteran communities. With most new jobs coming from young firms, GEN works to build more inclusive and sustainable entrepreneurial ecosystems to reduce the burden on society.





    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: $13,721
  • Program Service Revenue: $0
  • Gross Receipts: $12,304,430

    • Assets and Liabilities:
  • Total Assets: $5,250,351
  • Total Liabilities: $1,087,076
  • Net Assets: $4,163,275
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Jonathan Ortmans

    Main Address

    4527 17TH STREET N, ARLINGTON, VA, 22207

    NTEE Category

    Code: B99 - Education

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