TO REVITALIZE AMERICAN CITIES BY MOBILIZING THE NEXT GENERATION OF ENTREPRENEURS AND EQUIPPING THEM WITH THE SKILLS AND RESOURCES THEY NEED TO CREATE JOBS. THE ORGANIZATION OPERATES A 2-YEAR FELLOWSHIP PROGRAM THAT RECRUITS, TRAINS, AND INVESTS IN TOP RECENT COLLEGE GRADUATES BY PLACING THEM IN STARTUPS IN AMERICAN CITIES WITH EMERGING ENTREPRENEURSHIP ECOSYSTEMS AND HELPING THEM LAUNCH THEIR OWN HIGH-IMPACT BUSINESSES. VFA OPERATES A TWO-WEEK TRAINING CAMP FOR INCOMING FELLOWS, PROVIDES ONGOING PROGRAMMING DURING THE 2 YEAR FELLOWSHIP, AND OPERATES AN ACCELERATOR FOR PROGRAM GRADUATES WHO ARE STARTING THEIR OWN BUSINESSES.
Executive compensation, broken down
Form 990 · Schedule J · 7 reported individuals · Filing year 2023
- Base
- $250k
- Bonus
- —
- Other
- —
- Benefits
- $22k
- Base
- $171k
- Bonus
- —
- Other
- —
- Benefits
- $24k
- Base
- $141k
- Bonus
- —
- Other
- —
- Benefits
- $25k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO | $250k | — | — | $22k | $272k $295k |
Employee key employee | $171k | — | — | $24k | $195k $212k |
Employee highest compensated employee | $141k | — | — | $25k | $166k $181k |
Employee highest compensated employee | — | — | — | — | $138k $150k |
Employee highest compensated employee | — | — | — | — | $127k $138k |
Employee highest compensated employee | — | — | — | — | $125k $136k |
Employee highest compensated employee | — | — | — | — | $115k $125k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 15 unpaid individuals.
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What Community Improvement & Capacity Building executives earn in Michigan
Comparable community improvement & capacity building organizations in Michigan pay their highest-earning executive a median of $66,858.
These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 68 organizations across 68 filings (2022 – 2023).
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