IMPACT DEVELOPMENT FUND HELPS PEOPLE WITHIN OUR UNDERSERVED COMMUNITIES SEEK FULFILLMENT FOR THEMSELVES AND THEIR FAMILIES BY PROVIDING ACCESS TO AFFORDABLE LIVING. WE CREATE THESE OPPORTUNITIES BY DELIVERING FLEXIBLE CAPITAL TO NONPROFIT ORGANIZATIONS, DEVELOPERS, INDIVIDUALS, AND OTHERS WHO SUPPORT THE UNDERSERVED.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $219k
- Bonus
- $17k
- Other
- —
- Benefits
- $14k
- Base
- $156k
- Bonus
- $13k
- Other
- —
- Benefits
- $15k
- Base
- $133k
- Bonus
- $12k
- Other
- —
- Benefits
- $18k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO (as of 07/24) Above 90th percentilevs Housing & Shelter peers in Colorado | $219k | $17k | — | $14k | $255k $272k |
Chief Lending Officer Key Employee 75th to 90th percentile | $156k | $13k | — | $15k | $187k $199k |
Controller Above 90th percentile | $133k | $12k | — | $18k | $166k $176k |
Chief Construction Officer Highest Compensated Employee Median to 75th percentile | — | — | — | — | $148k $157k |
Chief Compliance Officer Highest Compensated Employee Median to 75th percentile | — | — | — | — | $142k $152k |
CEO (thru 07/24) 75th to 90th percentilevs Housing & Shelter peers in Colorado | — | — | — | — | $138k $147k |
Chief Programs Officer Chief Program Officer Median to 75th percentile | — | — | — | — | $138k $147k |
Chief Operating Officer Median to 75th percentile | — | — | — | — | $134k $142k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 14 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at IMPACT DEVELOPMENT FUND equaled 2% 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.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 12%
from 2023
From $227k in 2023 to $255k in 2024.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 12% from 2023 to 2024, while revenue rose 171%.
- Highest Compensated Employee pay held roughly steady from 2023 to 2024.
- Chief Operating Officer pay rose 23% 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 IMPACT DEVELOPMENT FUND
What does the Chief Executive Officer of IMPACT DEVELOPMENT FUND earn?
In 2024, the Chief Executive Officer of IMPACT DEVELOPMENT FUND received $255,309 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Colorado: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at IMPACT DEVELOPMENT FUND compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Colorado, the 2024 pay of the Chief Executive Officer at IMPACT DEVELOPMENT FUND falls in the top 10%. In 2024, the highest total compensation at IMPACT DEVELOPMENT FUND equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are IMPACT DEVELOPMENT FUND's revenue and expenses?
In 2024, IMPACT DEVELOPMENT FUND reported $35.2M in total revenue and $10.9M in total expenses on its IRS Form 990.
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