THE MISSION OF LIFE ASSET IS TO HELP ALLEVIATE POVERTY IN THE GREATER WASHINGTON, DC AREA, BY EMPOWERING PEOPLE THROUGH AFFORDABLE FINANCIAL PRODUCTS, SERVICES, AND EDUCATION, THEREBY PROMOTING SELF-HELP AND SELF- RESPECT AND EXPANDING SOCIAL AND ECONOMIC OPPORTUNITIES FOR LOWER INCOME RESIDENTS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Human Services organizations in District of Columbia.
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Di Median to 75th percentile | $153k | — | — | — | $153k $167k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 4 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at LIFE ASSET INC equaled 11% 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 LIFE ASSET INC
What does the Chief Executive Officer of LIFE ASSET INC earn?
In 2023, the Chief Executive Officer of LIFE ASSET INC received $152,725 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in District of Columbia, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LIFE ASSET INC compare with similar nonprofits?
Compared with the same role at Human Services organizations in District of Columbia, the 2023 pay of the Chief Executive Officer at LIFE ASSET INC falls between the median and the 75th percentile. In 2023, the highest total compensation at LIFE ASSET INC equaled 11% of the organization's total expenses. The median for human services organizations is 8%.
What are LIFE ASSET INC's revenue and expenses?
In 2023, LIFE ASSET INC reported $2.1M in total revenue and $1.3M in total expenses on its IRS Form 990.
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