THE FOUNDATION AIMS TO ATTACK THE GENDER AND RACIAL WEALTH GAPS WHILE ALSO PROVIDING SERVICES TO HELP ENSURE THAT RETIRING SMALL BUSINESS OWNERS CAN LEAVE A LEGACY BEHIND WITH THE JOBS THEY HAVE CREATED IN THEIR COMMUNITIES. THIS IS ACCOMPLISHED THROUGH EDUCATIONAL PROGRAMMING AND SUPPORT TO EMPOWER ENTREPRENEURS FROM UNDERREPRESENTED COMMUNITIES.
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 Employment organizations nationwide.
| Position | Total |
|---|---|
Treasurer Median to 75th percentile | $129k $138k |
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 6 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at NEW MAJORITY CAPITAL FOUNDATION INC equaled 6% 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 8%
from 2023
From $120k in 2023 to $129k in 2024.
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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NEW MAJORITY CAPITAL FOUNDATION INC
What does the Chief Financial Officer of NEW MAJORITY CAPITAL FOUNDATION INC earn?
In 2024, the Chief Financial Officer of NEW MAJORITY CAPITAL FOUNDATION INC received $129,415 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Employment organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at NEW MAJORITY CAPITAL FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Employment organizations nationwide, the 2024 pay of the Chief Financial Officer at NEW MAJORITY CAPITAL FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at NEW MAJORITY CAPITAL FOUNDATION INC equaled 6% of the organization's total expenses. The median for employment organizations is 7%.
What are NEW MAJORITY CAPITAL FOUNDATION INC's revenue and expenses?
In 2024, NEW MAJORITY CAPITAL FOUNDATION INC reported $3.3M in total revenue and $2.2M in total expenses on its IRS Form 990.
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