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Organizations Anacostia Entrepreneurship Center Inc.

Anacostia Entrepreneurship Center Inc.

Fiscal year ending 2024. Filed on July 18, 2025.

2012 Rhode Island Avenue NE
Washington, District of Columbia 20018

Anacostia Entrepreneurship Center Inc. (EIN: 87-3827062) has filed an IRS Form 990 between fiscal years 2021 and 2024. In its fiscal year 2024 IRS Form 990 filing, Anacostia Entrepreneurship Center Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $182,249. The highest compensated employee at Anacostia Entrepreneurship Center Inc. is Shannan Herbert with fiscal year 2024 compensation of $233,491.

Revenue, expenses, and employee compensation

Revenue

$992,244

Expenses

$891,755

Employee compensation

$458,664
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Shannan Herbert
Board Chair and CEO
$233,491
$0 $209,947 $23,544
Messay Derebe
Director, General Anacostia ARTS Center
$161,686
$0 $146,736 $14,950
David Maley
Vice Chair and Treasurer
$151,569
$0 $139,109 $12,460

Benchmark Employee Compensation

Non-Employee Board Members

Kevin Fryatt
CFOO and Coo-Interim CEO Until 5/3/24
$94,825
$0 $82,837 $11,988
Michael Johns
Secretary
$89,017
$0 $88,535 $482

Mission Statement

TO INTEGRALLY SUPPORT THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF, THE WASHINGTON AREA COMMUNITY INVESTMENT FUND, INC (WACIF).

Revisions to this organization profile

July 18, 2025:
2024 Anacostia Entrepreneurship Center Inc. 990 filed
May 12, 2023:
2022 Anacostia Entrepreneurship Center Inc. 990 filed
May 10, 2022:
2021 Anacostia Entrepreneurship Center Inc. 990 filed

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