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Filing year 2023

ICAFUND

Oakland, California·EIN 47-0898054·NTEE S20 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$5.5M
Total assets
$22.8M
Total expenses
$5M
Reported officers
24
Mission

ICA ACCELERATES GREAT BUSINESSES THROUGH MENTORSHIP AND INVESTMENTS TO CLOSE THE RACIAL AND GENDER WEALTH GAPS. THIS CORPORATION PROVIDES COACHING, CONNECTIONS, AND CAPITAL TO THE ENTREPRENEURS IN THE NINE-COUNTY SAN FRANCISCO BAY AREA. THIS CORPORATION WORKS WITH LOW-INCOME ENTREPRENEURS, ENTREPRENEURS OF COLOR, WOMEN ENTREPRENEURS, AND ENTREPRENEURS WHO HAVE BEEN UNABLE TO ACCESS CAPITAL AND BUSINESS SERVICES SO THAT THEY CAN GROW THEIR BUSINESSES, CREATE GOOD JOBS, AND BUILD WEALTH FOR THEMSELVES AND THEIR WORKERS. THIS CORPORATION WILL ALSO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH ITS PURPOSE AS ALLOWED BY LAW.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

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

Chief Executive Officer
Above 90th percentile
$334k
$364k
Base
$247k
Bonus
$50k
Other
Benefits
$28k
Chief Investment Officer
Officer (Unspecified)
$265k
$288k
Base
$193k
Bonus
$33k
Other
Benefits
$32k
Chief Program & Str Init Officer
Chief Program Officer
75th to 90th percentilevs all sectors nationwide
$243k
$264k
Base
$187k
Bonus
$32k
Other
Benefits
$17k
VP of Fin & Admin
Vice President
75th to 90th percentilevs Community Improvement & Capacity Building peers nationwide
$237k
$258k
Base
$196k
Bonus
$21k
Other
Benefits
$13k
Sr. Director of Investment
Key Employee
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$172k
$188k
Base
$142k
Bonus
$15k
Other
Benefits
$11k
Dir of Portfolio Management
Highest Compensated Employee
25th percentile to median
$150k
$163k
Dir of Marketing & Communications
Highest Compensated Employee
25th percentile to median
$133k
$145k
Director of Development
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$132k
$144k
Investment and Program Manager
Program Manager
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$116k
$126k
Strategy & Innovation Consultant
Highest Compensated Employee
10th to 25th percentile
$112k
$122k

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 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 ICAFUND equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
7%
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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ICAFUND

What does the Chief Executive Officer of ICAFUND earn?

In 2023, the Chief Executive Officer of ICAFUND received $333,824 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Community Improvement & Capacity Building organizations in California, the 2023 pay of the Chief Executive Officer at ICAFUND falls in the top 10%. In 2023, the highest total compensation at ICAFUND equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ICAFUND's revenue and expenses?

In 2023, ICAFUND reported $5.5M in total revenue and $5M in total expenses on its IRS Form 990.

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