Competitive Enterprise Institute

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

EIN: 521351785 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Competitive Enterprise Institute?

The Competitive Enterprise Institute (CEI) is a nonprofit organization based in Washington D.C., with a mission to promote the principles of free enterprise and limited government. Their Communications and Outreach department works closely with their policy centers to disseminate research findings and analysis to various audiences, including policymakers, media, allied organizations, and the general public. This department also helps build coalitions of like-minded scholars, activists, and stakeholders to advance CEI's mission. With a commitment to consumer freedom, CEI believes that individuals are best helped in a free marketplace, not through government regulation. As of the provided information, CEI has a workforce of 38 individuals.


Official website here: www.cei.org

What are the reviews and ratings of this charity?

**Rating: 95% (Four-Star out of Four Star Rating) from Charity Navigator**

The Competitive Enterprise Institute has achieved a remarkable 95% rating, reflecting its strong performance in accountability and finance. This score indicates a solid operational foundation, bolstered by an independent board with a majority of members, effective audit processes, and robust financial oversight. The absence of any significant diversions of assets further denotes the organization's commitment to maintaining trust and integrity.

In terms of financial health, the institute's program expense ratio stands at nearly 80%, illustrating a high allocation of resources toward its mission-driven activities. Additionally, its fundraising efficiency is commendable, contributing to sustainable operations. However, the organization has not yet been evaluated on aspects such as impact measurement and leadership adaptability, which are important for understanding its overall effectiveness in achieving its stated goals.

User reviews from GreatNonprofits could not be retrieved, leaving an incomplete picture of public sentiment towards the organization. Overall, while the financial rating is impressive, potential donors and supporters might seek further insights regarding the institute's broader impact and community engagement initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Competitive Enterprise Institute legitimate?

Competitive Enterprise Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Competitive Enterprise Institute 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $695,686
Professional Fundraising Fees: $41,850
Other Salaries and Wages: $2,837,602

For more financial information, click here


Official website here: www.cei.org

What is the mission statement of Competitive Enterprise Institute?

The Competitive Enterprise Institute is a non-profit organization that focuses on public policy research and education, advocating for the principles of free enterprise and limited government. They believe that consumers are best served in a free marketplace, allowing them to make their own choices, rather than relying on government regulation. The organization's Communications and Outreach department plays a crucial role in disseminating research findings and analysis to various audiences, including policymakers, news media, allied organizations, and the general public. Furthermore, the department helps build coalitions of like-minded scholars, activists, and stakeholders to advance the Institute's mission of promoting institutions of liberty and removing government-created barriers to economic freedom, innovation, and prosperity.


Official website here: www.cei.org

Who is the CEO of Competitive Enterprise Institute?

Kent Lassman is the President of Competitive Enterprise Institute.


Official website here: www.cei.org

What is the revenue of Competitive Enterprise Institute?

Competitive Enterprise Institute's revenue in 2022 was $7,758,776.


Official website here: www.cei.org

Who are the executives of Competitive Enterprise Institute and what are their salaries?

The average compensation at Competitive Enterprise Institute during 2022 was $92,981. There are 38 employees and 10 volunteers at Competitive Enterprise Institute.


Here are 21 key members and their salaries:


Kent Lassman (President)
  • Compensation: $313,279
  • Related: $0
  • Other: $29,972
Jean-Claude Gruffat (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred L Smith Jr (Founder, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Crane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael S Greve (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael W Gleba (Director - Until 11/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Holmes Jost (Director - Until 11/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Keyes (Director - Until 04/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Modzelewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Pohanka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ike Sugg (Director - Until 04/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Tren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Zywicki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Kazman (Vp, Gen. Counsel - Until 07/2022)
  • Compensation: $153,991
  • Related: $0
  • Other: $24,017
Amanda France (Director Of Events)
  • Compensation: $113,369
  • Related: $0
  • Other: $7,716
Carrie Diamond (Treasurer, Dir Of Administration)
  • Compensation: $117,461
  • Related: $0
  • Other: $3,206
Wayne Crews (Vp For Policy)
  • Compensation: $165,996
  • Related: $0
  • Other: $30,608
Joel Zinberg (Senior Fellow)
  • Compensation: $173,000
  • Related: $0
  • Other: $2,595
Iain Murray (Vp Of Strategy)
  • Compensation: $147,856
  • Related: $0
  • Other: $26,919
Marlo Lewis (Senior Fellow)
  • Compensation: $122,541
  • Related: $0
  • Other: $22,002
Myron Ebell (Director For Center For E&E)
  • Compensation: $135,901
  • Related: $0
  • Other: $1,674


Official website here: www.cei.org

Where can I find the form 990 for Competitive Enterprise Institute?

Competitive Enterprise Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cei.org

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

Mission Statement of Competitive Enterprise Institute

The Competitive Enterprise Institute, a non-profit public policy organization, is dedicated to upholding the principles of free enterprise and limited government. They firmly believe that consumers are best served not by government regulation, but by being permitted to make their own choices in an open marketplace. The Communications and Outreach department of the CEI plays a crucial role in promoting this mission. They aid the policy centers in disseminating their research findings and analyses to various audiences, including policymakers, news media, allied organizations, and the general public. Furthermore, the Communications and Outreach department assists in building coalitions of like-minded scholars, activists, and other stakeholders to advance the organization's mission of fostering the institutions of liberty and dismantling government-imposed barriers to economic freedom, innovation, and prosperity.

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Impact




July, 2024

The Competitive Enterprise Institute advocates for the principles of free enterprise and limited government. Its impact can be seen in shaping public policy research and education towards promoting economic freedom, innovation, and prosperity. Through its communication and outreach efforts, CEI works to disseminate research findings, build coalitions, and engage with policymakers, the media, allied organizations, and the public to advance the organization's mission. By challenging government-created barriers to economic freedom and advocating for individual choice in a free marketplace, CEI plays a significant role in the promotion of free-market principles and the advancement of a pro-enterprise agenda.




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


Financials

This financial information is from Propublica.

Revenue
$7,758,776 (2022)
Expenses
$6,681,965 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,307
  • Gross Receipts: $8,093,380

Assets and Liabilities:

  • Total Assets: $5,463,449
  • Total Liabilities: $1,915,841
  • Net Assets: $3,547,608

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Organization Details

Founding Year

1984

Principal Officer

Kent Lassman

Main Address

1310 L STREET NW 7TH FL, WASHINGTON, DC, 20005

NTEE Category

Code: W20 - Public benefit

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