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Filing year 2023

SECURED FINANCE NETWORK INC

New York, New York·EIN 13-5539122·NTEE V22C · Social Science·501(c)(6)
Total revenue
$6.3M
Total assets
$7.2M
Total expenses
$6.7M
Reported officers
27
Mission

THE SECURED FINANCE NETWORK IS THE TRADE GROUP FOR COMMERCIAL FINANCE COMPANIES, FACTORS, BANKS AND OTHER FINANCING AGENCIES IN THE ASSET-BASED FINANCIAL SERVICES INDUSTRY ON AN INTERNATIONAL, NATIONAL, REGIONAL AND LOCAL BASIS. THE OBJECTIVES OF THE ORGANIZATION ARE TO PROVIDE, THROUGH DISCUSSION AND PUBLICATION, A FORUM FOR THE CONSIDERATION OF INTER- AND INTRA-INDUSTRY IDEAS AND OPPORTUNITIES; TO MAKE AVAILABLE CURRENT INFORMATION ON LEGISLATION AND COURT DECISIONS RELATING TO ASSET-BASED FINANCIAL SERVICES; TO IMPROVE LEGAL AND OPERATIONAL PROCEDURES EMPLOYED BY THE INDUSTRY; TO FURNISH TO THE GENERAL PUBLIC INFORMATION ON THE FUNCTION AND SIGNIFICANCE OF THE INDUSTRY IN THE CREDIT STRUCTURE OF THE COUNTRY; TO ENCOURAGE THE ASSOCIATION'S MEMBERS, AND THEIR PERSON.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Social Science organizations nationwide.

CEO
Above 90th percentile
$712k
$799k
Base
$431k
Bonus
$260k
Other
$2k
Benefits
$9k
Business Development Director
Above 90th percentilevs all sectors nationwide
$313k
$351k
Base
$145k
Bonus
$150k
Other
$991
Benefits
$8k
Board Member of Conference
Board Member
Above 90th percentile
$186k
$209k
Base
$140k
Bonus
$18k
Other
$915
Benefits
$22k
CFO
Median to 75th percentile
$174k
$195k
Base
$118k
Bonus
$30k
Other
$1k
Benefits
$18k
Operations Director
Median to 75th percentilevs all sectors nationwide
$142k
$160k
Director of Communications
Director (Operational)
25th percentile to median
$134k
$150k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Browse compensation in Social Science

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SECURED FINANCE NETWORK INC equaled 11% of the organization's total expenses. The median for social science organizations is 12%.

This organization (2023)
11%
Sector median
12%
Middle half of sector
5% to 24%

Based on 435 social science organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 16%
from 2022

From $613k in 2022 to $712k in 2023.

$613k
2022
$712k
2023
In today's dollarsEst.
Up 12% in real terms$715k to $799k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 16% from 2022 to 2023, while revenue rose 5%.

$613k in 2022 to $712k in 2023.
  • Chief Development Officer pay rose 17% from 2022 to 2023.
  • Board Member pay rose 5% 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 SECURED FINANCE NETWORK INC

What does the Chief Executive Officer of SECURED FINANCE NETWORK INC earn?

In 2023, the Chief Executive Officer of SECURED FINANCE NETWORK INC received $712,165 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Social Science organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SECURED FINANCE NETWORK INC compare with similar nonprofits?

Compared with the same role at Social Science organizations nationwide, the 2023 pay of the Chief Executive Officer at SECURED FINANCE NETWORK INC falls in the top 10%. In 2023, the highest total compensation at SECURED FINANCE NETWORK INC equaled 11% of the organization's total expenses. The median for social science organizations is 12%.

What are SECURED FINANCE NETWORK INC's revenue and expenses?

In 2023, SECURED FINANCE NETWORK INC reported $6.3M in total revenue and $6.7M in total expenses on its IRS Form 990.

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