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Filing year 2024

The Genesis Fund

Brunswick, Maine·EIN 01-0461436·NTEE X20J · Religion-Related·501(c)(3)
Total revenue
$7.9M
Total assets
$66.6M
Total expenses
$4.8M
Reported officers
17
Mission

The mission of The Genesis Fund is to bring together resources to create housing and other economic and social opportunities for underserved people and communities throughout Maine, New Hampshire, and Vermont.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations nationwide.

Executive Director
Above 90th percentile
$245k
$264k
Base
$198k
Bonus
$14k
Other
Benefits
$22k
Deputy Director & CFO
Director (Operational)
Above 90th percentile
$207k
$224k
Base
$167k
Bonus
$12k
Other
Benefits
$19k
Director of Lending
Highest Compensated Employee
Median to 75th percentile
$159k
$171k
Base
$131k
Bonus
$6k
Other
Benefits
$15k
Communications Director
Director (Operational)
75th to 90th percentile
$123k
$133k
Senior Program Officer
Program Officer
25th percentile to medianvs all sectors nationwide
$113k
$122k
Senior Loan and Community Partner Officer
Highest Compensated Employee
25th percentile to median
$105k
$114k

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 11 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Genesis Fund equaled 5% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
5%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related 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.

Up 2%
from 2023

From $240k in 2023 to $245k in 2024.

$240k
2023
$245k
2024
In today's dollarsEst.
Down 1% in real terms$268k to $264k

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.

Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 65%.

$240k in 2023 to $245k in 2024.
  • Director (Operational) pay rose 2% from 2023 to 2024.
  • Highest Compensated Employee pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.

1
The Genesis Fund2024
$245k
2
Simple Generosity Foundation2024
$116k
See full Executive Director compensation rankings across Religion-Related
FAQ

Common questions about The Genesis Fund

What does the Chief Executive Officer of The Genesis Fund earn?

In 2024, the Chief Executive Officer of The Genesis Fund received $244,731 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Religion-Related organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Genesis Fund compare with similar nonprofits?

Compared with the same role at Religion-Related organizations nationwide, the 2024 pay of the Chief Executive Officer at The Genesis Fund falls in the top 10%. In 2024, the highest total compensation at The Genesis Fund equaled 5% of the organization's total expenses. The median for religion-related organizations is 18%.

What are The Genesis Fund's revenue and expenses?

In 2024, The Genesis Fund reported $7.9M in total revenue and $4.8M in total expenses on its IRS Form 990.

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