ALMA'S MISSION IS TO PROVIDE PARTICIPANTS AND THE GENERAL PUBLIC OF PUERTO RICO WITH EDUCATION ON CONSUMER BUDGETING, CONSUMER BUYING PRACTICES AND MANAGING CONSUMER DEBT TO IMPROVE THE INDIVIDUAL'S UNDERSTANDING OF THEIR FINANCIAL PROBLEMS AND TO IMPROVE THEIR ABILITY TO ADDRESS THOSE PROBLEMS, AND TO PROVIDE DEBT COUNSELING SERVICES FOR FINANCIAL DISTRESSED CONSUMERS, INCLUDING BUT NOT LIMITED TO NEGOTIATING WITH CREDITORS TO ARRANGE FOR REPAYMENT PROGRAMS.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2022
Percentile bands compare each position's total pay with the same role at Human Services organizations in Florida.
| Position | Total |
|---|---|
Pres. Executive Director Median to 75th percentile | $106k |
Finance Director 25th percentile to median | $82k |
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2022, the highest total compensation at ALMA FINANCIAL ASSISTANCE CORP equaled 28% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about ALMA FINANCIAL ASSISTANCE CORP
What does the Chief Executive Officer of ALMA FINANCIAL ASSISTANCE CORP earn?
In 2022, the Chief Executive Officer of ALMA FINANCIAL ASSISTANCE CORP received $105,712 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in Florida, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ALMA FINANCIAL ASSISTANCE CORP compare with similar nonprofits?
Compared with the same role at Human Services organizations in Florida, the 2022 pay of the Chief Executive Officer at ALMA FINANCIAL ASSISTANCE CORP falls between the median and the 75th percentile. In 2022, the highest total compensation at ALMA FINANCIAL ASSISTANCE CORP equaled 28% of the organization's total expenses. The median for human services organizations is 8%.
What are ALMA FINANCIAL ASSISTANCE CORP's revenue and expenses?
In 2022, ALMA FINANCIAL ASSISTANCE CORP reported $396k in total revenue and $382k in total expenses on its IRS Form 990.
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