TO PROMOTE SUSTAINABLE ECONOMIC PROSPERITY THROUGH REGIONAL BUSINESS LENDING, TARGETING UNDERSERVED MARKETS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Maine.
- Base
- $134k
- Bonus
- —
- Other
- —
- Benefits
- $25k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $134k | — | — | $25k | $165k $184k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 14 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at SOUTHERN MAINE FINANCE AGENCY equaled 22% 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.
Up 7%
from 2022
From $154k in 2022 to $165k in 2023.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue rose 95%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SOUTHERN MAINE FINANCE AGENCY
What does the Chief Executive Officer of SOUTHERN MAINE FINANCE AGENCY earn?
In 2023, the Chief Executive Officer of SOUTHERN MAINE FINANCE AGENCY received $164,909 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Maine: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SOUTHERN MAINE FINANCE AGENCY compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Maine, the 2023 pay of the Chief Executive Officer at SOUTHERN MAINE FINANCE AGENCY falls in the top 10%. In 2023, the highest total compensation at SOUTHERN MAINE FINANCE AGENCY equaled 22% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are SOUTHERN MAINE FINANCE AGENCY's revenue and expenses?
In 2023, SOUTHERN MAINE FINANCE AGENCY reported $1.4M in total revenue and $762k in total expenses on its IRS Form 990.
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