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Organizations Community Improvement & Capacity Building Trufund Financial Services Inc.

Trufund Financial Services Inc.

Fiscal year ending 2023. Filed on November 15, 2024.

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 2023 IRS Form 990 filing, Trufund Financial Services Inc., a 501(c)(3) charitable organization, reported compensation for 8 out of 73 total employees. Among the employees shown here, the average compensation is $227,146. The highest compensated employee at Trufund Financial Services Inc. is James Bason with fiscal year 2023 compensation of $412,364.

Revenue, expenses, and employee compensation

Revenue

$12,004,522

Expenses

$10,579,239

Employee compensation

$6,694,951
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James Bason
President and Chief Executive Officer
$412,364
$389,084 No related comp$23,280
Kenneth Harvey
Senior Vice President - Director of Finance
$225,006
$222,741 No related comp$2,265
Michael Vaugh
Senior Vice President - Chief Credit Officer
$219,068
$200,318 No related comp$18,750
Akimie Carter Evans
Senior Vice President - Managing Director Nat'L Market
$197,921
$187,413 No related comp$10,508
Mathew Shapiro
Senior Vice President Director of Resource Development
$195,173
$187,646 No related comp$7,527
Robert Benitez
Senior Vice President - National Director of Lending
$192,021
$184,485 No related comp$7,536
Brian Gurski
Senior Vice President - Director of Strategy and Innovation
$189,428
$180,101 No related comp$9,327
Domonica L Edwards
Senior Vice President
$186,183
$186,183 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carmen Manoyan
Board Member
Carra Wallace
Board Member
Celayne Hill
Secretary
Charlotte Lee
Chair
Cheri Morial Ausberry
Board Member
Douglas Jackson
Board Member - Retired JUNE 2023
Dr Adrian Franco
Board Member
George Buchanan III
Board Member - Joined December 2023
Heidi Hamilton
Board Member
Kimberly Hardy
Board Member - Joined September 2023
Marc Thompson Jr
Treasurer
Ronald Torok
Board Member

Contractors

Jones Walker
Legal
$196,989
Kpmg LLP
Accounting and Audit
$182,000
Micro Info Siddarth Consulting
Software Developing
$164,348

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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