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Filing year 2023

TRUFUND FINANCIAL SERVICES INC

New York, New York·EIN 59-3814814·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$12M
Total assets
$51.8M
Total expenses
$10.6M
Reported officers
22
Mission

TRUFUND'S (TFS) MISSION IS TO PROMOTE AND FOSTER ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES AND AMONG DISADVANTAGED POPULATIONS. FOR MORE INFORMATION, SEE SCHEDULE O.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President - Chief Executive Officer
Above 90th percentilevs Community Improvement & Capacity Building peers in New York
$412k
$463k
Base
$292k
Bonus
$92k
Other
$5k
Benefits
$23k
SVP - Director of Finance
75th to 90th percentilevs Community Improvement & Capacity Building peers in New York
$225k
$253k
Base
$192k
Bonus
$27k
Other
$4k
Benefits
$2k
SVP - Chief Credit Officer
Senior Vice President
Median to 75th percentile
$219k
$246k
Base
$166k
Bonus
$34k
Other
$384
Benefits
$19k
SVP - Managing Director Nat'l Market
Senior Vice President
25th percentile to median
$198k
$222k
Base
$163k
Bonus
$24k
Other
$525
Benefits
$11k
SVP Director of Resource Development
75th to 90th percentile
$195k
$219k
Base
$172k
Bonus
$14k
Other
$2k
Benefits
$8k
SVP - National Director of Lending
Senior Vice President
25th percentile to median
$192k
$215k
Base
$163k
Bonus
$20k
Other
$1k
Benefits
$8k
SVP - Dir of Strategy & Innovation
Senior Vice President
25th percentile to median
$189k
$213k
Base
$151k
Bonus
$28k
Other
$503
Benefits
$9k
Senior Vice President
25th percentile to median
$186k
$209k
Base
$122k
Bonus
$63k
Other
$1k
Benefits

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 14 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at TRUFUND FINANCIAL SERVICES INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
4%
Sector median
14%
Middle half of sector
6% to 28%

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.

FAQ

Common questions about TRUFUND FINANCIAL SERVICES INC

What does the Chief Executive Officer of TRUFUND FINANCIAL SERVICES INC earn?

In 2023, the Chief Executive Officer of TRUFUND FINANCIAL SERVICES INC received $412,364 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TRUFUND FINANCIAL SERVICES INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Chief Executive Officer at TRUFUND FINANCIAL SERVICES INC falls in the top 10%. In 2023, the highest total compensation at TRUFUND FINANCIAL SERVICES INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are TRUFUND FINANCIAL SERVICES INC's revenue and expenses?

In 2023, TRUFUND FINANCIAL SERVICES INC reported $12M in total revenue and $10.6M in total expenses on its IRS Form 990.

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