Neighborhood Finance Corporation provides unique lending programs and related services to facilitate neighborhood revitalization in Polk and Linn Counties through partnerships with residents, governments, community-based organizations, financial institutions and the business community.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $159k
- Bonus
- —
- Other
- —
- Benefits
- $31k
- Base
- $123k
- Bonus
- —
- Other
- —
- Benefits
- $27k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director 75th to 90th percentilevs Housing & Shelter peers in Iowa | $159k | — | — | $31k | $190k $210k |
VP Finance & Admin/treasurer Vice President Above 90th percentile | $123k | — | — | $27k | $150k $166k |
Vice President Lending Vice President 75th to 90th percentile | — | — | — | — | $120k $132k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 15 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Neighborhood Finance Corporation equaled 3% 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Neighborhood Finance Corporation
What does the Chief Executive Officer of Neighborhood Finance Corporation earn?
In 2023, the Chief Executive Officer of Neighborhood Finance Corporation received $189,917 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in Iowa, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Neighborhood Finance Corporation compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Iowa, the 2023 pay of the Chief Executive Officer at Neighborhood Finance Corporation falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Neighborhood Finance Corporation equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are Neighborhood Finance Corporation's revenue and expenses?
In 2023, Neighborhood Finance Corporation reported $11.6M in total revenue and $7.2M in total expenses on its IRS Form 990.
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