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Filing year 2023

LOCAL ENTERPRISE ASSISTANCE FUND

Boston, Massachusetts·EIN 04-2763724·NTEE J19 · Employment·501(c)(3)
Total revenue
$5.2M
Total assets
$31.1M
Total expenses
$4.3M
Reported officers
15
Mission

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.

Leaf Executive Director
Median to 75th percentilevs Employment peers in Massachusetts
$171k
$189k
Base
$171k
Bonus
Other
Benefits
Leaf Managing Director
Highest Compensated Employee
25th percentile to median
$161k
$177k
Base
$161k
Bonus
Other
Benefits
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.

Browse compensation in Employment

Pay in context

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%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
3% to 16%

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.

$161k
2022
$171k
2023
In today's dollarsEst.
Up 3% in real terms$183k to $189k

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.

Pay for the position

Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue rose 48%.

$161k in 2022 to $171k in 2023.
  • 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.

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 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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