WE AIM TO INCREASE THE REPRESENTATION OF LATINO AND LATINA ("LATINX") PROFESSIONALS IN VENTURE CAPITAL, HELP LATINX VENTURE INVESTORS BUILD THEIR CAREERS AND NETWORKS, AND IMPROVE ACCESS TO CAPITAL FOR LATINX-LED VENTURE FIRMS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
- Base
- $122k
- Bonus
- $30k
- Other
- —
- Benefits
- $17k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director/secretary Officer (Unspecified) | $122k | $30k | — | $17k | $175k $191k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 12 unpaid individuals.
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Top pay as a share of expenses
In 2023, the highest total compensation at SOMOSVC equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SOMOSVC
What are SOMOSVC's revenue and expenses?
In 2023, SOMOSVC reported $510k in total revenue and $723k in total expenses on its IRS Form 990.
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