SEE SCHEDULE OTHE CFE FUND'S MISSION IS TO LEVERAGE MUNICIPAL ENGAGEMENT TO IMPROVE THE FINANCIAL STABILITY OF HOUSEHOLDS BY EMBEDDING FINANCIAL EMPOWERMENT STRATEGIES INTO LOCAL GOVERNMENT INFRASTRUCTURE. THE CFE FUND FOCUSES PROGRAMMATIC, RESEARCH, AND POLICY EFFORTS TOWARDS DESIGNING, EMBEDDING, AND REPLICATING FINANCIAL EMPOWERMENT INITIATIVES WITHIN LOCAL GOVERNMENT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.
- Base
- $415k
- Bonus
- —
- Other
- —
- Benefits
- $68
- Base
- $238k
- Bonus
- —
- Other
- —
- Benefits
- $14k
- Base
- $183k
- Bonus
- —
- Other
- —
- Benefits
- $7k
- Base
- $176k
- Bonus
- —
- Other
- —
- Benefits
- $7k
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- $22k
- Base
- $157k
- Bonus
- —
- Other
- —
- Benefits
- $7k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President and CEO Above 90th percentile | $415k | — | — | $68 | $433k $486k |
Chief Operating Officer Above 90th percentile | $238k | — | — | $14k | $273k $306k |
Chief Research, Evaluation & Finance Officer (Unspecified) | $183k | — | — | $7k | $201k $225k |
Chief - Strategy Key Employee Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide | $176k | — | — | $7k | $192k $216k |
Senior Principal Highest Compensated Employee Median to 75th percentile | $153k | — | — | $22k | $187k $210k |
Senior Director Highest Compensated Employee Median to 75th percentile | $157k | — | — | $7k | $173k $195k |
Senior Principal Highest Compensated Employee 25th percentile to median | — | — | — | — | $139k $156k |
Senior Principal Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $124k $139k |
Senior Director Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $113k $127k |
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 7 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at CITIES FOR FINANCIAL EMPOWERMENT FUND INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building 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 8%
from 2022
From $401k in 2022 to $433k in 2023.
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.
Chief Executive Officer pay rose 8% from 2022 to 2023, while revenue fell 47%.
- Key Employee pay fell 24% from 2022 to 2023.
- Highest Compensated Employee pay rose 15% 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 CITIES FOR FINANCIAL EMPOWERMENT FUND INC
What does the Chief Executive Officer of CITIES FOR FINANCIAL EMPOWERMENT FUND INC earn?
In 2023, the Chief Executive Officer of CITIES FOR FINANCIAL EMPOWERMENT FUND INC received $433,145 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at CITIES FOR FINANCIAL EMPOWERMENT FUND INC compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Chief Executive Officer at CITIES FOR FINANCIAL EMPOWERMENT FUND INC falls in the top 10%. In 2023, the highest total compensation at CITIES FOR FINANCIAL EMPOWERMENT FUND INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are CITIES FOR FINANCIAL EMPOWERMENT FUND INC's revenue and expenses?
In 2023, CITIES FOR FINANCIAL EMPOWERMENT FUND INC reported $4M in total revenue and $12.3M in total expenses on its IRS Form 990.
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