FIRST CHILDREN'S FINANCE HELPS CHILDREN, FAMILIES AND COMMUNITIES THRIVE BY INCREASING THE AVAILABILITY, AFFORDABILITY AND QUALITY OF EARLY CARE AND EDUCATION. WE ACCOMPLISH THIS BY PROVIDING FINANCIAL AND BUSINESS-DEVELOPMENT ASSISTANCE TO HIGH-QUALITY CARE BUSINESSES SERVING LOW- AND MODERATE-INCOME FAMILIES, AND BUILDING PARTNERSHIPS THAT CONNECT THESE VITAL BUSINESSES WITH THE RESOURCES OF THE PUBLIC AND PRIVATE SECTORS. WE BELIEVE ACCESS TO HIGH-QUALITY EARLY CARE AND EDUCATION IS ESSENTIAL FOR ALL COMMUNITIES, BECAUSE HUMAN CAPITAL DEVELOPMENT IS THE FOUNDATION OF INDIVIDUAL SUCCESS AND THE ENGINE OF REGIONAL ECONOMIC GROWTH.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Human Services organizations in Minnesota.
- Base
- $156k
- Bonus
- —
- Other
- —
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo (former) 75th to 90th percentile | $156k | — | — | $2k | $158k $173k |
CFO (former) 75th to 90th percentile | — | — | — | — | $141k $154k |
CPO Officer (Unspecified) | — | — | — | — | $136k $149k |
Minnesota Director Director (Operational) 75th to 90th percentile | — | — | — | — | $130k $142k |
Interim Cfo/coo Officer (Unspecified) | — | — | — | — | $127k $139k |
Lending Director Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $120k $131k |
Iowa Regional Director Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $114k $125k |
Chief Advancement Officer Officer (Unspecified) | — | — | — | — | $38k $41k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at FIRST CHILDREN'S FINANCE equaled 0.5% of the organization's total expenses. The median for human services organizations is 8%.
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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FIRST CHILDREN'S FINANCE
What does the Chief Executive Officer of FIRST CHILDREN'S FINANCE earn?
In 2023, the Chief Executive Officer of FIRST CHILDREN'S FINANCE received $158,251 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Human Services organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FIRST CHILDREN'S FINANCE compare with similar nonprofits?
Compared with the same role at Human Services organizations in Minnesota, the 2023 pay of the Chief Executive Officer at FIRST CHILDREN'S FINANCE falls between the 75th and 90th percentiles. In 2023, the highest total compensation at FIRST CHILDREN'S FINANCE equaled 0.5% of the organization's total expenses. The median for human services organizations is 8%.
What are FIRST CHILDREN'S FINANCE's revenue and expenses?
In 2023, FIRST CHILDREN'S FINANCE reported $30.3M in total revenue and $31.5M in total expenses on its IRS Form 990.
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