THE WASHINGTON AREA COMMUNITY INVESTMENT FUND (WACIF) IS A NONPROFIT COMMUNITY LOAN FUND FOCUSED ON INCREASING EQUITY AND ECONOMIC OPPORTUNITY IN THE WASHINGTON, DC AREA'S UNDERSERVED COMMUNITIES. WACIF'S MISSION IS DRIVEN IS DRIVEN BY THREE STRATEGIC PILLARS: INCLUSIVE ENTREPRENEURSHIP, COMMUNITY WEALTH BUILDING, AND EQUITABLE ECONOMIC OPPORTUNITY, AND IS FULFILLED BY PROVIDING ACCESS TO CAPITAL PRODUCTS AND SERVICES, AND CAPACITY BUILDING ADVISORY SERVICES TO LOW- AND MODERATE-INCOME ENTREPRENEURS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $195k
- Bonus
- $15k
- Other
- —
- Benefits
- $14k
- Base
- $162k
- Bonus
- $20k
- Other
- —
- Benefits
- $8k
- Base
- $168k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- $28k
- Base
- $147k
- Bonus
- —
- Other
- —
- Benefits
- $7k
- Base
- $143k
- Bonus
- —
- Other
- —
- Benefits
- $10k
- Base
- $143k
- Bonus
- —
- Other
- —
- Benefits
- $7k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer 75th to 90th percentile | $195k | $15k | — | $14k | $233k $248k |
Chief Development Officer 75th to 90th percentile | $162k | $20k | — | $8k | $191k $203k |
Chief Programs Officer Chief Program Officer Median to 75th percentile | $168k | — | — | $11k | $188k $200k |
Chief Lending Officer Until 10/16/24 Highest Compensated Employee Median to 75th percentile | $153k | — | — | $28k | $187k $199k |
Aac General Director Highest Compensated Employee 25th percentile to median | $147k | — | — | $7k | $162k $172k |
Director of Finance Until 12/06/2024 Median to 75th percentile | $143k | — | — | $10k | $159k $169k |
Senior Human Capital Director Highest Compensated Employee 25th percentile to median | $143k | — | — | $7k | $157k $167k |
Cfoo & Co-interim CEO Until 5/3/24 Median to 75th percentile | — | — | — | — | $95k $101k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 18 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 22%
from 2023
From $191k in 2023 to $233k in 2024.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 22% from 2023 to 2024, while revenue fell 46%.
- Chief Development Officer pay rose 31% from 2023 to 2024.
- Highest Compensated Employee pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
WASHINGTON AREA COMMUNITY INVESTMENT FUND INC reported revenue and expenses across 2 filing years.
Common questions about WASHINGTON AREA COMMUNITY INVESTMENT FUND INC
What does the Chief Executive Officer of WASHINGTON AREA COMMUNITY INVESTMENT FUND INC earn?
In 2024, the Chief Executive Officer of WASHINGTON AREA COMMUNITY INVESTMENT FUND INC received $233,491 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at WASHINGTON AREA COMMUNITY INVESTMENT FUND INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WASHINGTON AREA COMMUNITY INVESTMENT FUND INC falls between the 75th and 90th percentiles.
What are WASHINGTON AREA COMMUNITY INVESTMENT FUND INC's revenue and expenses?
In 2024, WASHINGTON AREA COMMUNITY INVESTMENT FUND INC reported $4.1M in total revenue and $6.4M in total expenses on its IRS Form 990.
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