THE MISSION OF EVERNORTH LOAN FUND IS TO PRODUCE PERMANENTLY AFFORDABLE HOUSING AND ENABLE INVESTMENTS IN ECONOMIC AND COMMUNITY DEVELOPMENT TO BENEFIT VERMONTERS THROUGH PARTNERSHIPS WITH COMMUNITIES AND THE PRIVATE SECTOR.
Executive compensation
Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
| Position | Total |
|---|---|
VP Community Investments Board Vice President 25th percentile to median | $47k $51k |
President 25th percentile to median | $46k $49k |
Treasurer (end 12/31/24) Median to 75th percentile | $43k $47k |
COO 25th percentile to median | $42k $45k |
Director of Capital Management Highest Compensated Employee 10th to 25th percentile | $37k $40k |
Director of Asset Management Highest Compensated Employee 10th to 25th percentile | $35k $38k |
VP Asset Management & Portfolio Initiatives Board Vice President 25th percentile to median | $34k $37k |
VP HR & Org. Development Board Vice President 25th percentile to median | $33k $36k |
Director of Community Investment Risk Management Highest Compensated Employee 10th to 25th percentile | $30k $33k |
VP Real Estate Board Vice President 25th percentile to median | $25k $27k |
Project Management Highest Compensated Employee 10th to 25th percentile | $21k $23k |
Controller 10th to 25th percentile | $14k $16k |
Executive VP & CPO Executive Vice President Below 10th percentile | $13k $14k |
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 15 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at EVERNORTH LOAN FUND INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 83%
from 2023
From $26k in 2023 to $47k in 2024.
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.
Board Vice President pay rose 118% from 2023 to 2024, while revenue rose 713%.
- Chief Executive Officer pay rose 77% from 2023 to 2024.
- Chief Financial Officer pay rose 88% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about EVERNORTH LOAN FUND INC
What does the Board Vice President of EVERNORTH LOAN FUND INC earn?
In 2024, the Board Vice President of EVERNORTH LOAN FUND INC received $47,174 in total compensation. This pay is below the median (the midpoint) for Board Vice President roles among Housing & Shelter organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Vice President pay at EVERNORTH LOAN FUND INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Board Vice President at EVERNORTH LOAN FUND INC falls between the 25th percentile and the median. In 2024, the highest total compensation at EVERNORTH LOAN FUND INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are EVERNORTH LOAN FUND INC's revenue and expenses?
In 2024, EVERNORTH LOAN FUND INC reported $9.7M in total revenue and $716k in total expenses on its IRS Form 990.
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