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Filing year 2023

Change Machine

Brooklyn, New York·EIN 76-0833915·NTEE P50 · Human Services·501(c)(3)
Total revenue
$2.7M
Total assets
$2.7M
Total expenses
$3.3M
Reported officers
11
Mission

DESCRIPTION OF ORGANIZATION MISSION: CHANGE MACHINES MISSION IS TO BUILD FINANCIAL SECURITY FOR LOW-INCOME COMMUNITIES THROUGH PEOPLE-POWERED TECHNOLOGY. CHANGE MACHINE ACCOMPLISHES THIS MISSION THROUGH A TECHNOLOGY PLATFORM THAT AMPLIFIES THE IMPACT OF SOCIAL SERVICE ORGANIZATIONS AND PUBLIC AGENCIES WORKING WITH PEOPLE TO ACHIEVE FINANCIAL GOALS. ITS PARTNERSHIPS BUILD A COMMUNITY OF PRACTICE, AND ITS INSIGHTS INFLUENCE LASTING ECONOMIC CHANGE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations in New York.

CEO
75th to 90th percentile
$340k
$379k
Base
$236k
Bonus
$10k
Other
Benefits
$68k
Chief Prod & Tech
Unclassified
$183k
$205k
Base
$156k
Bonus
Other
Benefits
$11k
Chief Strategy Off
Unclassified
$171k
$191k
Base
$142k
Bonus
Other
Benefits
$13k
Chief Engmt/adopti
Unclassified
$169k
$189k
Base
$155k
Bonus
Other
Benefits
$14k
Engineering Lead
Unclassified
$125k
$140k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Change Machine equaled 10% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
10%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services 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.

Up 18%
from 2022

From $288k in 2022 to $340k in 2023.

$288k
2022
$340k
2023
In today's dollarsEst.
Up 14% in real terms$333k to $379k

Estimated with BLS CPI-U for the Northeast region, 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 18% from 2022 to 2023, while revenue rose 100%.

$288k in 2022 to $340k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 Change Machine

What does the Chief Executive Officer of Change Machine earn?

In 2023, the Chief Executive Officer of Change Machine received $339,663 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Human Services organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Change Machine compare with similar nonprofits?

Compared with the same role at Human Services organizations in New York, the 2023 pay of the Chief Executive Officer at Change Machine falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Change Machine equaled 10% of the organization's total expenses. The median for human services organizations is 8%.

What are Change Machine's revenue and expenses?

In 2023, Change Machine reported $2.7M in total revenue and $3.3M in total expenses on its IRS Form 990.

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