A statistical look at 2000's Inner City 100 companies and the CEOs who run them.
At a glance: The Inner City 100 CEOs and the companies they keep
Our special Inner City 100 area has details on all the companies on the list.
The CEOs
Vital Stats
| Average age of CEO |
45 |
Average age at time
of company's founding |
32 |
Average annual
compensation |
$231,994 |
Median annual
compensation |
$150,000 |
Average noncash
compensation |
$70,505 |
Median noncash
compensation |
$10,000 |
Highest Level of Education
| High school |
16% |
| Two-year college |
12% |
| Four-year college |
42% |
| M.B.A. |
19% |
| Other master's degree |
6% |
M.B.A. plus other
master's degree |
1% |
| Doctorate |
3% |
Note: Out of respondents. Doesn't add up
to 100% because of rounding.
Ethnicity
| Caucasian |
76% |
| Black / African American |
12% |
| Hispanic |
6% |
| Asian / Pacific Islander |
5% |
| American Indian |
1% |
Note: Out of respondents
Economic Background of Family
| Middle class |
58% |
| Working class |
26% |
| Poor |
9% |
| Affluent |
7% |
Equity
Average percentage of company owned by CEO: 69%
The Companies
Critical Numbers
| Average five-year growth rate |
742% |
| Average compound annual growth rate |
50% |
| Average 1998 sales |
$12,227,579 |
| Median 1998 sales |
$6,054,959 |
| Collective 1998 sales |
$1.2 billion |
| Average number of employees |
82 |
| Median number of employees |
51 |
Collective number of full-time jobs
in 1998 |
7,085 |
Collective number of full-time
jobs created in the past five years |
4,293 |
Inner City 100 by Corporate Structure
| S corporation |
47% |
| C corporation |
42% |
| Limited-liability company |
7% |
| Partnership |
3% |
Inner City 100 by Sector
| Service |
50% |
| Manufacturing |
31% |
| Distribution / wholesale |
14% |
| Retail |
5% |
Inner City 100 by Industry
| Business products and services |
30% |
| Construction products and services |
22% |
| Consumer goods |
16% |
| High-tech products and services |
12% |
| Other |
20% |
Location
Urban Flight: Reasons Why Companies Might Leave
| Percentage of companies that cited: |
| Need for space |
65% |
| Government incentives |
38% |
| Crime |
29% |
| High operating costs |
29% |
| Labor |
23% |
| Unions |
14% |
| Transportation efficiency |
11% |
| Environmental issues |
11% |
| Other |
6% |
CEOs Rate Location
(As a place to do business)
| Excellent |
49% |
| Good |
44% |
| Fair |
6% |
| Very Poor |
1% |
