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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 Community Improvement & Capacity Building Trufund Financial Services Inc.

Trufund Financial Services Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

39 West 37th Street 7th Floor
New York, New York 10018

Trufund Financial Services Inc. (EIN: 59-3814814) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Trufund Financial Services Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 64 total employees. Among the employees shown here, the average compensation is $197,233. The highest compensated employee at Trufund Financial Services Inc. is James Bason with fiscal year 2024 compensation of $414,353.

Revenue, expenses, and employee compensation

Revenue

$16,334,961

Expenses

$14,592,936

Employee compensation

$7,447,130
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Bason
President and Chief Executive Officer
$414,353
$413,686 No related comp$667
Domonica L Edwards
Senior Vice President
$222,260
$220,310 No related comp$1,950
Michael Vaugh
Senior Vice President - Chief Credit Officer
$218,948
$216,998 No related comp$1,950
Seth Manoff
Senior Vice President - Director of Struct Lending and Invst
$213,850
$203,342 No related comp$10,508
Akimie Carter Evans
Senior Vice President - Managing Director Nat'L Market
$208,809
$198,301 No related comp$10,508
Mathew Shapiro
Senior Vice President Director of Resource Development
$207,391
$199,864 No related comp$7,527
Robert Benitez
Senior Vice President - National Director of Lending
$204,566
$198,243 No related comp$6,323
Kenneth Harvey
Senior Vice President - Interim CFO - Through NOV 2024
$158,417
$158,205 No related comp$212
Charles Foster
Senior Vice President CFO - LEFT MAY 2024
$101,833
$96,455 No related comp$5,378
Stephanie Kabore Turquin
Senior Vice President - CFO - Joined NOV 2024
$21,901
$21,819 No related comp$82

Benchmark Employee Compensation

Non-Employee Board Members

B Seth Bryant
Board Member - Joined SEPT 2024
Carmen Manoyan
Board Member - LEFT JULY 2024
Carra Wallace
Board Member
Celayne Hill
Secretary - LEFT JULY 2024
Charlotte Lee
Chairperson - LEFT JULY 2024
Cheri Morial Ausberry
Board Member
Dr Adrian Franco
Board Member - LEFT February 2024
George Buchanan III
Board Member
Heidi Hamilton
Board Member
Jonnel Dorris
Board Member - Joined SEPT 2024
Kimberly Hardy
Board Member
Marc Thompson Jr
Treasurer

Contractors

Jones Walker
Legal
$253,557
Kpmg LLP
Accounting and Audit
$184,510
Micro Info Siddarth Consulting
Software Developing
$160,693

Mission Statement

TRUFUND'S (TFS) MISSION IS TO PROMOTE AND FOSTER ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES AND AMONG DISADVANTAGED POPULATIONS. FOR MORE INFORMATION, SEE SCHEDULE O.

Revisions to this organization profile

November 17, 2025:
2024 Trufund Financial Services Inc. 990 filed
November 15, 2024:
2023 Trufund Financial Services Inc. 990 filed
November 15, 2023:
2022 Trufund Financial Services Inc. 990 filed

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