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Organizations Public & Societal Benefit The Independence Fund Inc

The Independence Fund Inc

Fiscal year ending 2024. Filed on October 8, 2025.

412 Louise Ave
Charlotte, North Carolina 28204

The Independence Fund Inc (EIN: 26-0322088) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, The Independence Fund Inc, a 501(c)(3) charitable organization, reported compensation for 5 out of 48 total employees. Among the employees shown here, the average compensation is $155,183. The highest compensated employee at The Independence Fund Inc is Sarah Verado with fiscal year 2024 compensation of $297,581.

Revenue, expenses, and employee compensation

Revenue

$6,146,293

Expenses

$9,763,455

Employee compensation

$4,391,519
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sarah Verado
Chief Executive Officer
$297,581
$297,581 No related compNo other comp
Clark Pennington
Chief Operating Officer
$204,495
$204,495 No related compNo other comp
Dena Lecompt
Chief Financial Officer
$119,958
$119,958 No related compNo other comp
Malgorzata Reazka
Chief of Engagements
$101,808
$101,808 No related compNo other comp
John Bauer
Chief Strategist
$52,071
$52,071 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Alea Nadeem
Secretary
Cheryl Mason
Director
Grant Campbell
Chair
Jennifer Korn
Director

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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