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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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Organizations Human Services Life Asset Inc.

Life Asset Inc.

Fiscal year ending 2024. Filed on November 5, 2025.

1640 Columbia Rd NW
Washington, District of Columbia 20009

Life Asset Inc. (EIN: 45-4737489) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Life Asset Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 11 total employees. Among the employees shown here, the average compensation is $154,500. The highest compensated employee at Life Asset Inc. is Jan Markus Larsson with fiscal year 2024 compensation of $154,500.

Revenue, expenses, and employee compensation

Revenue

$1,641,020

Expenses

$1,278,890

Employee compensation

$686,214
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jan Markus Larsson
Executive Director
$154,500
$150,000 No related comp$4,500

Benchmark Employee Compensation

Non-Employee Board Members

Alfonso Pearson
Treasurer
Jaime Quiros
Secretary
Olive Idehen
Board Chair
Terry Flood
Director

Mission Statement

THE MISSION OF LIFE ASSET IS TO HELP ALLEVIATE POVERTY IN THE GREATER WASHINGTON, DC AREA, BY EMPOWERING PEOPLE THROUGH AFFORDABLE FINANCIAL PRODUCTS, SERVICES, AND EDUCATION, THEREBY PROMOTING SELF-HELP AND SELF- RESPECT AND EXPANDING SOCIAL AND ECONOMIC OPPORTUNITIES FOR LOWER INCOME RESIDENTS.

Revisions to this organization profile

November 5, 2025:
2024 Life Asset Inc. 990 filed
November 14, 2024:
2023 Life Asset Inc. 990 filed
November 15, 2023:
2022 Life Asset Inc. 990 filed

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