Skip to main content
Filing year 2023

RAZA DEVELOPMENT FUND INC

Phoenix, Arizona·EIN 52-1954196·NTEE S43Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$25.7M
Total assets
$363.1M
Total expenses
$23.6M
Reported officers
23
Mission

RDF IS UNLOCKING LASTING PROSPERITY IN COMMUNITIES ACROSS AMERICA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in Arizona
$581k
$617k
Base
$435k
Bonus
$91k
Other
$1k
Benefits
$33k
Former CFO (thru 6/30/23)
Former Officer/director/trustee
Above 90th percentile
$439k
$466k
Base
$297k
Bonus
Other
$85k
Benefits
$33k
EVP Strategic Invest (thru 2/15/24)
Executive Vice President
75th to 90th percentile
$377k
$401k
Base
$289k
Bonus
$29k
Other
$552
Benefits
$33k
Chief People & Operations Officer
Officer (Unspecified)
$374k
$398k
Base
$292k
Bonus
$35k
Other
$1k
Benefits
$21k
Chief Financial Officer
Above 90th percentile
$279k
$297k
Base
$202k
Bonus
$25k
Other
$552
Benefits
$34k
Chief Investment Officer
Officer (Unspecified)
$279k
$297k
Base
$200k
Bonus
$27k
Other
$216
Benefits
$33k
Deputy CFO & Controller
75th to 90th percentile
$260k
$277k
Base
$189k
Bonus
$21k
Other
$360
Benefits
$33k
Chief Credit Officer
Officer (Unspecified)
$252k
$267k
Base
$194k
Bonus
$19k
Other
$607
Benefits
$21k
VP of Education
Board Vice President
Median to 75th percentile
$231k
$245k
Base
$163k
Bonus
$20k
Other
$216
Benefits
$33k
Deputy Chief Credit Officer
Highest Compensated Employee
75th to 90th percentile
$199k
$212k
Base
$146k
Bonus
$19k
Other
$291
Benefits
$21k
Sr Director of Specialty Finance
75th to 90th percentile
$184k
$196k
Base
$131k
Bonus
$18k
Other
$2k
Benefits
$22k
SVP Community Innovations
Senior Vice President
25th percentile to median
$173k
$184k
Base
$131k
Bonus
$19k
Other
$357
Benefits
$11k
Board Member
Median to 75th percentile
$61k
$65k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 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 2023, the highest total compensation at RAZA DEVELOPMENT FUND INC equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
2%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 51%
from 2022

From $1.2M in 2022 to $581k in 2023.

$1.2M
2022
$581k
2023
In today's dollarsEst.
Down 53% in real terms$1.3M to $617k

Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 51% from 2022 to 2023, while revenue fell 2%.

$1.2M in 2022 to $581k in 2023.
  • Executive Vice President pay held roughly steady from 2022 to 2023.
  • Chief Financial Officer pay fell 35% 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 RAZA DEVELOPMENT FUND INC

What does the Chief Executive Officer of RAZA DEVELOPMENT FUND INC earn?

In 2023, the Chief Executive Officer of RAZA DEVELOPMENT FUND INC received $580,725 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Arizona: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RAZA DEVELOPMENT FUND INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Arizona, the 2023 pay of the Chief Executive Officer at RAZA DEVELOPMENT FUND INC falls in the top 10%. In 2023, the highest total compensation at RAZA DEVELOPMENT FUND INC equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are RAZA DEVELOPMENT FUND INC's revenue and expenses?

In 2023, RAZA DEVELOPMENT FUND INC reported $25.7M in total revenue and $23.6M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.