The New Roots Fund helps low-income individuals, citizens and legal immigrants, to achieve economic self-sufficiency through business loans and technical business assistance. The NRF continues to run programs funded by the federal Office of Refugee Resettlement, King County, and Washington State to train refugees in business practices, support the development of business plans, and assist with capitalizing new or existing businesses through Individual Development Accounts (matched savings programs) and loans. The New Roots Fund helps refugees, asylees, and low-income individuals achieve economic self-sufficiency. The Fund accomplishes this by providing business capital and technical assistance. Formed in 2011 and associated with the Diocese of Olympia, NRF is an independent 501(c)3. Our mission is to create viable businesses in low income neighborhoods through a highly capable lending institution providing loans and business technical assistance.
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 International, Foreign Affairs & National Security organizations in Washington.
| Position | Total |
|---|---|
~ Executive Director 10th to 25th percentile | $25k $26k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Browse compensation in International, Foreign Affairs & National Security →
Top pay as a share of expenses
In 2024, the highest total compensation at NEW ROOTS FUND equaled 4% of the organization's total expenses. The median for international, foreign affairs & national security organizations is 9%.
Based on 3,895 international, foreign affairs & national security 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 92%
from 2023
From $13k in 2023 to $25k in 2024.
Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 92% from 2023 to 2024, while revenue rose 21%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NEW ROOTS FUND
What does the Chief Executive Officer of NEW ROOTS FUND earn?
In 2024, the Chief Executive Officer of NEW ROOTS FUND received $24,773 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among International, Foreign Affairs & National Security organizations in Washington, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NEW ROOTS FUND compare with similar nonprofits?
Compared with the same role at International, Foreign Affairs & National Security organizations in Washington, the 2024 pay of the Chief Executive Officer at NEW ROOTS FUND falls between the 10th and 25th percentiles. In 2024, the highest total compensation at NEW ROOTS FUND equaled 4% of the organization's total expenses. The median for international, foreign affairs & national security organizations is 9%.
What are NEW ROOTS FUND's revenue and expenses?
In 2024, NEW ROOTS FUND reported $611k in total revenue and $582k in total expenses on its IRS Form 990.
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