LEAF'S MISSION IS TO PROMOTE HUMAN AND ECONOMIC DEVELOPMENT BY PROVIDING FINANCING AND DEVELOPMENT ASSISTANCE TO COOPERATIVES AND SOCIAL PURPOSE VENTURES THAT CREATE AND RETAIN JOBS FOR LOW-INCOME PEOPLE.
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 Employment organizations nationwide.
- Base
- $171k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $161k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Leaf Executive Director Median to 75th percentilevs Employment peers in Massachusetts | $171k | — | — | — | $171k $189k |
Leaf Managing Director Highest Compensated Employee 25th percentile to median | $161k | — | — | — | $161k $177k |
Leaf Chief Lending Officer Highest Compensated Employee 25th percentile to median | — | — | — | — | $149k $164k |
Leaf Advisory Service Director Board Member Above 90th percentile | — | — | — | — | $135k $149k |
Leaf Development Manager - Termed Oct 2024 Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $115k $127k |
Leaf Senior Loan Officer Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $109k $120k |
Leaf Financial Analyst Board Member 75th to 90th percentile | — | — | — | — | $76k $84k |
Leaf Senior Financial Analyst Board Member Median to 75th percentile | — | — | — | — | $46k $51k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at LOCAL ENTERPRISE ASSISTANCE FUND equaled 4% of the organization's total expenses. The median for employment organizations is 7%.
Based on 3,624 employment 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 7%
from 2022
From $161k in 2022 to $171k in 2023.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue rose 48%.
- Highest Compensated Employee pay rose 9% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LOCAL ENTERPRISE ASSISTANCE FUND
What does the Chief Executive Officer of LOCAL ENTERPRISE ASSISTANCE FUND earn?
In 2023, the Chief Executive Officer of LOCAL ENTERPRISE ASSISTANCE FUND received $171,286 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Employment organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LOCAL ENTERPRISE ASSISTANCE FUND compare with similar nonprofits?
Compared with the same role at Employment organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at LOCAL ENTERPRISE ASSISTANCE FUND falls between the median and the 75th percentile. In 2023, the highest total compensation at LOCAL ENTERPRISE ASSISTANCE FUND equaled 4% of the organization's total expenses. The median for employment organizations is 7%.
What are LOCAL ENTERPRISE ASSISTANCE FUND's revenue and expenses?
In 2023, LOCAL ENTERPRISE ASSISTANCE FUND reported $5.2M in total revenue and $4.3M in total expenses on its IRS Form 990.
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