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Filing year 2023

HISPANIC BUSINESS INITIATIVE FUND INC

Orlando, Florida·EIN 59-3341405·NTEE S43Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$4M
Total assets
$5.7M
Total expenses
$4.1M
Reported officers
19
Mission

TO STRENGTHEN THE ECONOMY OF FLORIDA THROUGH QUALITY BUSINESS DEVELOPMENT AND TRAINING TO HISPANIC ENTREPRENEURS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Florida.

Ceo/president
Above 90th percentile
$333k
$364k
Base
$263k
Bonus
$25k
Other
Benefits
$36k
CFO
75th to 90th percentilevs Community Improvement & Capacity Building peers nationwide
$212k
$232k
Base
$182k
Bonus
Other
Benefits
$25k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 17 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HISPANIC BUSINESS INITIATIVE FUND INC equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
8%
Sector median
14%
Middle half of sector
6% to 28%

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 10%
from 2022

From $304k in 2022 to $333k in 2023.

$304k
2022
$333k
2023
In today's dollarsEst.
Up 5% in real terms$347k to $364k

Estimated with BLS CPI-U for the South 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 10% from 2022 to 2023, while revenue fell 4%.

$304k in 2022 to $333k in 2023.
  • Chief Financial Officer pay rose 6% from 2022 to 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 HISPANIC BUSINESS INITIATIVE FUND INC

What does the Chief Executive Officer of HISPANIC BUSINESS INITIATIVE FUND INC earn?

In 2023, the Chief Executive Officer of HISPANIC BUSINESS INITIATIVE FUND INC received $333,401 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Florida: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HISPANIC BUSINESS INITIATIVE FUND INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Florida, the 2023 pay of the Chief Executive Officer at HISPANIC BUSINESS INITIATIVE FUND INC falls in the top 10%. In 2023, the highest total compensation at HISPANIC BUSINESS INITIATIVE FUND INC equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are HISPANIC BUSINESS INITIATIVE FUND INC's revenue and expenses?

In 2023, HISPANIC BUSINESS INITIATIVE FUND INC reported $4M in total revenue and $4.1M in total expenses on its IRS Form 990.

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