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Organizations Community Improvement & Capacity Building Local Initiatives Support Corporation

Local Initiatives Support Corporation

Fiscal year ending 2019. Filed on November 10, 2020.

28 Liberty Street 34th Floor
21-499
New York, New York 10005

Local Initiatives Support Corporation (EIN: 13-3030229) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Local Initiatives Support Corporation, a 501(c)(3) charitable organization, reported compensation for 44 out of 678 total employees. Among the employees shown here, the average compensation is $304,665. The highest compensated employee at Local Initiatives Support Corporation is Joseph Hagan with fiscal year 2019 compensation of $1,783,036.

Revenue, expenses, and employee compensation

Revenue

$202,088,773

Expenses

$162,597,627

Employee compensation

$63,655,059
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joseph Hagan
Senior Vice President
$1,783,036
$0 $1,426,995 $356,041
Maurice Jones
President and Chief Executive Officer
$696,728
$629,150 No related comp$67,578
Kevin Boes
Senior Vice President
$493,640
$0 $434,999 $58,641
Denise Notice-Scott
Executive Vice President
$432,355
$390,072 No related comp$42,283
Steven Petsos
Senior Vice President
$428,977
$0 $377,628 $51,349
Julie Huston
President Immito
$416,841
$378,575 No related comp$38,266
Michael Hearne
Executive Vice President and Chief Financial Officer
$395,638
$366,225 No related comp$29,413
Beth Marcus
Senior Vice President
$336,119
$266,609 No related comp$69,510
Matt Huber
Senior Vice President and Chief Financial Officer
$334,007
$0 $287,691 $46,316
Matthew Josephs
Senior Vice President
$330,524
$262,945 No related comp$67,579
Robert Cooney
Senior Vice President and General Counsel
$328,666
$269,490 No related comp$59,176
Constance Max
Senior Vice President
$317,778
$250,849 No related comp$66,929

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Plepler
Director
Audrey Choi
Director
Brandee McHale
Outgoing Director
Colvin W Grannum
Director
David Hess
Director
Dean Esserman
Director
Dennis White
Director
Ellen Gilligan
Director
George Walker
Director
Gregory Belinfanti
Director
Gregory Fairchild
Director
Jerry Rickett
Director

Contractors

Cohnreznick LLP
Auditing
$350,250
One Detroit Credit Union
Loan Origination and Servicing
$223,000
Special Team Films Inc.
Photographer and Videographer
$167,706
Amanda Fox
Communications Consultant
$157,210
Rebecca Morley
Healthcare Consultant
$152,498

Mission Statement

TOGETHER WITH RESIDENTS AND PARTNERS, THE ORGANIZATION FORGES RESILIENT AND INCLUSIVE COMMUNITIES OF OPPORTUNITIES ACROSS AMERICA - GREAT PLACES TO LIVE, WORK, VISIT, DO BUSINESS AND RAISE FAMILIES.

Revisions to this organization profile

October 31, 2025:
2024 Local Initiatives Support Corporation 990 filed
November 5, 2024:
2023 Local Initiatives Support Corporation 990 filed
November 7, 2023:
2022 Local Initiatives Support Corporation 990 filed

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