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Filing year 2024

LOUISVILLE ASSET BUILDING COALITION INC

Louisville, Kentucky·EIN 45-5273568·NTEE S31 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$283k
Total assets
$165k
Total expenses
$276k
Reported officers
11
Mission

LOUISVILLE ASSET BUILDING COALITION (LABC) IS A BROAD PUBLIC/PRIVATE COLLABORATIVE DEDICATED TO PROMOTING FINANCIAL STABILITY AND ASSET BUILDING FOR INDIVIDUALS AND FAMILIES. BY PROVIDING DIRECT SERVICES AND LINKAGES TO OTHER COMMUNITY RESOURCES, LABC STRIVES TO BUILD AN ECONOMIC FOUNDATION THAT WILL ALLOW MEMBERS OF OUR COMMUNITY TO REACH THEIR HIGHEST POTENTIAL. THE COALITION IS COMMITTED TO BETTERING ITS MEMBERS AND THE COMMUNITY BY LEVERAGING THE SUCCESS OF ITS FREE TAX PREPARATION AND EARNED INCOME TAX CREDIT CAMPAIGN. LABC ALSO PROVIDES A CONTINUUM OF FINANCIAL EDUCATION RESOURCES FOR ASSET DEVELOPMENT INITIATIVES IN CONJUNCTION WITH LOUISVILLE METRO'S OFFICE OF FINANCIAL EMPOWERMENT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Program Director
Director (Operational)
25th percentile to median
$66k
$70k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LOUISVILLE ASSET BUILDING COALITION INC equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
24%
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.

Held roughly steady
over 2 years

From $66k in 2022 to $66k in 2024.

$66k
2022
$66k
2023
$66k
2024
In today's dollarsEst.
Down 7% in real terms$75k to $70k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Director (Operational) pay held roughly steady from 2022 to 2024, while revenue rose 2%.

$66k in 2022 to $66k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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 LOUISVILLE ASSET BUILDING COALITION INC

What does the Director (Operational) of LOUISVILLE ASSET BUILDING COALITION INC earn?

In 2024, the Director (Operational) of LOUISVILLE ASSET BUILDING COALITION INC received $65,720 in total compensation. This pay is below the median (the midpoint) for Director (Operational) roles among Community Improvement & Capacity Building organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at LOUISVILLE ASSET BUILDING COALITION INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Director (Operational) at LOUISVILLE ASSET BUILDING COALITION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at LOUISVILLE ASSET BUILDING COALITION INC equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are LOUISVILLE ASSET BUILDING COALITION INC's revenue and expenses?

In 2024, LOUISVILLE ASSET BUILDING COALITION INC reported $283k in total revenue and $276k in total expenses on its IRS Form 990.

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