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Filing year 2024

Armenian Church Endowment Fund Inc

New York, New York·EIN 20-2821426·NTEE X90 · Religion-Related·501(c)(3)
Total revenue
$11.6M
Total assets
$151.7M
Total expenses
$4.2M
Reported officers
14
Mission

The mission of the Armenian Church Endowment Fund ("ACEF") is to provide financial support to the Diocese, parishes, and related entities of the Armenian Apostolic Church through oversight of pooled investments under our management. ACEF's professional investment management services, with a long-term horizon and diversified asset allocation, are designed to provide financial sustainability that allows our endowed institutions, our Armenian culture, and our spirituality to thrive for generations to come.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations in New York.

Executive Director
Median to 75th percentile
$65k
$70k

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 13 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Armenian Church Endowment Fund Inc equaled 2% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
2%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related 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.

FAQ

Common questions about Armenian Church Endowment Fund Inc

What does the Chief Executive Officer of Armenian Church Endowment Fund Inc earn?

In 2024, the Chief Executive Officer of Armenian Church Endowment Fund Inc received $65,115 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Religion-Related organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Armenian Church Endowment Fund Inc compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in New York, the 2024 pay of the Chief Executive Officer at Armenian Church Endowment Fund Inc falls between the median and the 75th percentile. In 2024, the highest total compensation at Armenian Church Endowment Fund Inc equaled 2% of the organization's total expenses. The median for religion-related organizations is 18%.

What are Armenian Church Endowment Fund Inc's revenue and expenses?

In 2024, Armenian Church Endowment Fund Inc reported $11.6M in total revenue and $4.2M in total expenses on its IRS Form 990.

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