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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees Raza Development Fund Inc. Tom Espinoza

Tom Espinoza

OfficerTrustee/director

President/Ceo (Thru 12/31/22) at Raza Development Fund Inc.

Fiscal year ended September 30, 2023. Published on January 25, 2026.

$1,178,778
2023

Total compensation

Tom Espinoza has been listed as an employee of Raza Development Fund Inc. in Form 990 filings since at least fiscal year 2016. Total compensation for Tom Espinoza has increased by 215.3% from 2016 to 2023.

Annual compensation details

$1,178,778
+113.6%
President/Ceo (Thru 12/31/22)
2023
$1.1M org
40 hrs/wk
$46k other
--
$551,968
+15.7%
President and Chief Executive Officer
2022
$509k org
40 hrs/wk
$44k other
--

Total compensation by year

Compare the compensation of Tom Espinoza to:

2023

Other employees at Raza Development Fund Inc.

Janet Murguia
Board Member
$708,594
$0 from org$649,453 from related$59,141 other
Rodrigo Vela
Chief Financial Officer(Thru 6/30/23)
$429,470
$372,230 from orgNo related comp$57,240 other
David Clower
Executive Vice President for Strategic Investments
$378,638
$321,812 from orgNo related comp$56,826 other
Melissa McDonald
Chief Operating Officer
$369,664
$324,974 from orgNo related comp$44,690 other
Antonio Lopez
Chief Financial Officer
$243,968
$195,867 from orgNo related comp$48,101 other
Adrian Ruiz
Chief Investment Officer
$237,588
$189,935 from orgNo related comp$47,653 other
Scott Richter
Chief Credit Officer
$237,256
$201,107 from orgNo related comp$36,149 other
Juan Madrid
Controller
$234,056
$186,714 from orgNo related comp$47,342 other
Mary Ann Donovan
President and Chief Executive Officer
$198,831
$167,375 from orgNo related comp$31,456 other
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Revisions to this profile

January 25, 2026:
2023 Raza Development Fund Inc. 990 published
January 25, 2026:
2022 Raza Development Fund Inc. 990 published
January 25, 2026:
2021 Raza Development Fund Inc. 990 published

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$477,270
-11.5%
President and Chief Executive Officer
2021
$433k org
40 hrs/wk
$45k other
--
$539,397
+31.2%
President and Chief Executive Officer
2020
$494k org
40 hrs/wk
$46k other
--
$410,990
-5.7%
President and Chief Executive Officer
2019
$370k org
40 hrs/wk
$42k other
--
$435,886
+1.3%
President and Chief Executive Officer
2018
$401k org
40 hrs/wk
$36k other
--
$430,366
+15.1%
President and Chief Executive Officer
2017
$395k org
40 hrs/wk
$36k other
--
$373,918
President and Chief Executive Officer
2016
$338k org
40 hrs/wk
$37k other
--

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