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Filing year 2023

AAFE COMMUNITY DEVELOPMENT FUND INC

New York, New York·EIN 13-4103352·NTEE L80 · Housing & Shelter·501(c)(3)
Total revenue
$859k
Total assets
$7M
Total expenses
$722k
Reported officers
8
Mission

AAFE COMMUNITY DEVELOPMENT FUND, INC. PROVIDES TARGETED TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTGAGE LOANS TO ENHANCE HOME-OWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF NEW YORK CITY, INCLUDING ASIAN-AMERICANS, MINORITIES AND IMMIGRANTS.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New York.

Deputy Managing Director
Director (Operational)
Median to 75th percentile
$126k
$141k
President/ed
Median to 75th percentile
$66k
$74k
Chief Accounting Officer
Officer (Unspecified)
$28k
$31k
Managing Director
Director (Operational)
25th percentile to median
$25k
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at AAFE COMMUNITY DEVELOPMENT FUND INC equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
17%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about AAFE COMMUNITY DEVELOPMENT FUND INC

What does the Director (Operational) of AAFE COMMUNITY DEVELOPMENT FUND INC earn?

In 2023, the Director (Operational) of AAFE COMMUNITY DEVELOPMENT FUND INC received $126,005 in total compensation. This pay is above the median (the midpoint) for Director (Operational) roles among Housing & Shelter organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at AAFE COMMUNITY DEVELOPMENT FUND INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New York, the 2023 pay of the Director (Operational) at AAFE COMMUNITY DEVELOPMENT FUND INC falls between the median and the 75th percentile. In 2023, the highest total compensation at AAFE COMMUNITY DEVELOPMENT FUND INC equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are AAFE COMMUNITY DEVELOPMENT FUND INC's revenue and expenses?

In 2023, AAFE COMMUNITY DEVELOPMENT FUND INC reported $859k in total revenue and $722k in total expenses on its IRS Form 990.

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