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Filing year 2024

Rende Progress Capital

Grand Rapids, Michigan·EIN 82-0689514·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$638k
Total assets
$3.6M
Total expenses
$463k
Reported officers
11
Mission

RPC is committed to economic equity by providing socially responsible and affordable lending and responsible and affordable lending and services to entrepreneurs who have been excluded from traditional lending due to socio-economic reasons & bias.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.

Chair and Director
Board Chair
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$88k
$94k
Board Treasurer & General Manager
Board Treasurer
75th to 90th percentile
$72k
$77k

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 9 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Rende Progress Capital equaled 19% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
19%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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.

FAQ

Common questions about Rende Progress Capital

What does the Board Chair of Rende Progress Capital earn?

In 2024, the Board Chair of Rende Progress Capital received $87,683 in total compensation. This pay is in the top quarter for Board Chair roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at Rende Progress Capital compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Chair at Rende Progress Capital falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Rende Progress Capital equaled 19% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Rende Progress Capital's revenue and expenses?

In 2024, Rende Progress Capital reported $638k in total revenue and $463k in total expenses on its IRS Form 990.

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