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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 Social Finance Inc

Social Finance Inc

Fiscal year ending 2022. Filed on November 15, 2023.

2 Atlantic Avenue 5th Floor
Boston, Massachusetts 02110

Social Finance Inc (EIN: 27-4620963) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Social Finance Inc, a 501(c)(3) charitable organization, reported compensation for 11 out of 130 total employees. Among the employees shown here, the average compensation is $265,611. The highest compensated employee at Social Finance Inc is Tracy Palandjian with fiscal year 2022 compensation of $552,964.

Revenue, expenses, and employee compensation

Revenue

$73,403,817

Expenses

$23,292,911

Employee compensation

$16,027,535
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Tracy Palandjian
Chief Executive Officer and Co-Founder
$552,964
$521,137 No related comp$31,827
Michael Grossman
Managing Director
$334,297
$317,761 No related comp$16,536
Navjeet K Bal
Managing Director and General Counsel
$304,723
$273,503 No related comp$31,220
Emily Friedman
Chief Administrative Officer
$301,656
$266,483 No related comp$35,173
Justin Bakule
Vice President, Impact Investments
$234,498
$205,278 No related comp$29,220
Jacob Segal
Vice President, Impact Advisory
$224,401
$210,523 No related comp$13,878
Andrew C Chen
Vice President, Impact Investments
$224,281
$201,230 No related comp$23,051
Teresa Anne Knickman Plancher
Vice President, Partnerships and Strategy
$213,653
$198,207 No related comp$15,446
Jonathan S Edwards
Vice President, Impact Investments
$212,674
$182,668 No related comp$30,006
Jeffrey N Shumway
Managing Director (END 7/2022)
$182,911
$165,122 No related comp$17,789
John Woods
Chief Financial Officer
$135,667
$123,921 No related comp$11,746

Benchmark Employee Compensation

Non-Employee Board Members

Alexa Rachlin
Director
Andrew Marino
Director
Bracebridge H Young Jr
Chair and Director
Doug Henderson
Director
Dr Lauren Smith
Director
Edward L Shapiro
Vice Chair and Director
Elizabeth Lempres
Director
Governor Deval Patrick
Director
Ian Simmons
Director
Karen Dynan
Director
Laura Lauder
Director
Laurene Sperling
Director

Contractors

Chapman and Cutler LLP
Legal
$319,227
Mdrc
Project Fee
$224,750
Skills Fund LLC
Loan
$178,384
Community Financial Resources
Provider Fee
$119,173

Mission Statement

SOCIAL FINANCE BUILDS INNOVATIVE PARTNERSHIPS AND INVESTMENTS THAT REALIGN SYSTEMS TO MEASURABLY IMPROVE LIVES.

Revisions to this organization profile

November 17, 2025:
2024 Social Finance Inc 990 filed
November 14, 2024:
2023 Social Finance Inc 990 filed
November 15, 2023:
2022 Social Finance Inc 990 filed

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