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Organizations Public & Societal Benefit The Independence Fund Inc

The Independence Fund Inc

Fiscal year ending 2019. Filed on April 6, 2020.

9013 Perimeter Woods 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 2019 IRS Form 990 filing, The Independence Fund Inc, a 501(c)(3) charitable organization, reported compensation for 3 out of 29 total employees. Among the employees shown here, the average compensation is $183,013. The highest compensated employee at The Independence Fund Inc is Sarah Verardo with fiscal year 2019 compensation of $237,846.

Revenue, expenses, and employee compensation

Revenue

$6,457,795

Expenses

$9,370,611

Employee compensation

$2,172,772
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sarah Verardo
Chief Executive Officer
$237,846
$236,500 No related comp$1,346
Bob Carey
Chief Advocacy Officer
$158,692
$150,000 No related comp$8,692
Tammy Heap
Former Chief Operating Officer
$152,500
$148,462 No related comp$4,038

Benchmark Employee Compensation

Non-Employee Board Members

Arthur Pue
Chair
David Henninger
Treasurer
Mike Lenhart
Director
Richard Gross
Secretary
Sean Spicer
Director

Contractors

Carlson Mobility
All-Terrain Mobility
$422,771
Tss Equipment LLC
All-Terrain Mobility
$199,973

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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