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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 Public & Societal Benefit The Independence Fund Inc

The Independence Fund Inc

Fiscal year ending 2017. Filed on August 3, 2018.

9013 Perimeter Fund Dr Ste E
Charlotte, North Carolina 28216

The Independence Fund Inc (EIN: 26-0322088) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2017 IRS Form 990 filing, The Independence Fund Inc, a 501(c)(3) charitable organization, reported compensation for 4 out of 21 total employees. Among the employees shown here, the average compensation is $108,700. The highest compensated employee at The Independence Fund Inc is Sarah Verardo with fiscal year 2017 compensation of $158,084.

Revenue, expenses, and employee compensation

Revenue

$5,441,653

Expenses

$8,344,698

Employee compensation

$956,905
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sarah Verardo
Executive Director
$158,084
$156,731 No related comp$1,353
Nicholas Kaylor
Former Chief Operating Officer
$119,764
$101,923 No related comp$17,841
Donald McAlister
Former Chief Operating Officer
$105,584
$104,231 No related comp$1,353
Tammy Heap
Chief Operating Officer
$51,368
$51,077 No related comp$291

Benchmark Employee Compensation

Non-Employee Board Members

Arthur Pue
Chair
David Henninger
Treasurer
Rich Jadick
Frmr Chairman
Richard Gross
Secretary
Ryan Koelsch
Director
Will Dutton
Director

Contractors

Carlson Mobility
All-Terrain Mobility
$810,548
Tss Equipment LLC
All-Terrain Mobility
$572,125
Trac Fabrication LLC
All-Terrain Mobility
$505,147
Innovation in Motion
All-Terrain Mobility
$469,237
Ti-Trikes Inc
All-Terrain Mobility
$415,616

Mission Statement

To serve the Warfighter community by providing programs and services that foster the physical, mental, emotional, and spiritual independence of our service members, combat Veterans, their Caregivers, families and Allies who served alongside them in combat.

Revisions to this organization profile

October 8, 2025:
2024 The Independence Fund Inc 990 filed
January 26, 2024:
2023 The Independence Fund Inc 990 filed
December 13, 2022:
2022 The Independence Fund Inc 990 filed

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