THE ALLIANCE INITIATIVE FUND INC SUPPORTS AND BENEFITS THE COMMUNITY FOUNDATION ALLIANCE INC. IT HOLDS ASSETS AND RECEIVES GRANTS AND DONATIONS FOR DISTRIBUTION TO BENEFIT THE COMMUNITY FOUNDATION ALLIANCE, ITS PARTNER COUNTIES OF DAVIESS, GIBSON, KNOX, PERRY, PIKE, POSEY, SPENCER, VANDERBURGH AND WARRICK WITH CHARITABLE CAUSES THEY SUPPORT.
Executive compensation
Form 990 · Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.
| Position | Total |
|---|---|
President & CEO CFA Below 10th percentile | $17k $18k |
CFO CFA Below 10th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide | $8k $9k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 17 unpaid individuals.
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Top pay as a share of expenses
In 2023, the highest total compensation at ALLIANCE INITIATIVES FUND INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.
Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 23%
from 2022
From $14k in 2022 to $17k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 23% from 2022 to 2023, while revenue fell 25%.
- Chief Financial Officer pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about ALLIANCE INITIATIVES FUND INC
What does the Chief Executive Officer of ALLIANCE INITIATIVES FUND INC earn?
In 2023, the Chief Executive Officer of ALLIANCE INITIATIVES FUND INC received $16,612 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ALLIANCE INITIATIVES FUND INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2023 pay of the Chief Executive Officer at ALLIANCE INITIATIVES FUND INC falls in the bottom 10%. In 2023, the highest total compensation at ALLIANCE INITIATIVES FUND INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.
What are ALLIANCE INITIATIVES FUND INC's revenue and expenses?
In 2023, ALLIANCE INITIATIVES FUND INC reported $274k in total revenue and $343k in total expenses on its IRS Form 990.
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