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Filing year 2024

ALT FINANCE CORPORATION

Los Angeles, California·EIN 86-3974526·NTEE W70 · Public & Societal Benefit·501(c)(3)
Total revenue
$9.5M
Total assets
$14.1M
Total expenses
$9.2M
Reported officers
13
Mission

ALTFINANCE IS COMMITTED TO BUILDING AND EXPANDING PATHWAYS FOR HBCU STUDENTS WHO ENTER THE ALTERNATIVE INVESTMENT INDUSTRY. BY PROVIDING HBCU COMMUNITIES WITH ACCESS TO SPECIALIZED CURRICULUM, VALUABLE NETWORKS, AND SUSTAINABLE FINANCIAL SUPPORT, ALTFINANCE OPENS PATHWAYS FOR HBCU TALENT TO PURSUE CAREERS IN INVESTING. THROUGH INDUSTRY-FOCUSED EDUCATION, EXPOSURE, AND HANDS-ON EXPERIENCE, ALTFINANCE EQUIPS STUDENTS WITH THE TOOLS FOR SUCCESS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations in California.

President and C.e.o.
75th to 90th percentile
$445k
$476k
Base
$325k
Bonus
$120k
Other
Benefits
V-p, Programs and Partnerships
Highest Compensated Employee
Median to 75th percentile
$189k
$202k
Base
$173k
Bonus
$16k
Other
Benefits
V-p, Strategy and Operation
Highest Compensated Employee
Median to 75th percentile
$180k
$192k
Base
$168k
Bonus
$12k
Other
Benefits
Chief of Staff
Highest Compensated Employee
25th percentile to median
$151k
$162k
Base
$125k
Bonus
$26k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ALT FINANCE CORPORATION equaled 5% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
5%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 37%
from 2023

From $325k in 2023 to $445k in 2024.

$325k
2023
$445k
2024
In today's dollarsEst.
Up 33% in real terms$359k to $476k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 37% from 2023 to 2024, while revenue rose 5%.

$325k in 2023 to $445k in 2024.
  • Highest Compensated Employee pay rose 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about ALT FINANCE CORPORATION

What does the Chief Executive Officer of ALT FINANCE CORPORATION earn?

In 2024, the Chief Executive Officer of ALT FINANCE CORPORATION received $445,000 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Public & Societal Benefit organizations in California, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ALT FINANCE CORPORATION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations in California, the 2024 pay of the Chief Executive Officer at ALT FINANCE CORPORATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at ALT FINANCE CORPORATION equaled 5% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are ALT FINANCE CORPORATION's revenue and expenses?

In 2024, ALT FINANCE CORPORATION reported $9.5M in total revenue and $9.2M in total expenses on its IRS Form 990.

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