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Charity Math
The 990 read · EIN 58-1562750 · NC · Fiscal year 2024

Self-Help Ventures Fund

Self-Help Ventures Fund: CEO salary, finances and where donations go

In its own words

“Self-Help Ventures Funds mission is to create and protect ownership and economic opportunity for all, especially people of color, women, rural residents and low-wealth families and communities.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$162K Russel Hagen, 0.2% of spending
Revenue
$189.2M 60.1% from donations and grants
Spent
$68.6M 75% on programs, as reported
Net assets
$755.6M end of 2024
Savings
132.2 months of spending, net assets ÷ spending
Form 990 (2024), Parts I, VII, IX, X
01 · Red flags

No red flags in its latest filing.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.

02 · Where $1 goes · 2024

Of each dollar it spent, 75.0¢ went to programs, as reported.

The split the charity filed.
75.0¢
Programs, $51.5M
0.0¢
Fundraising, $0K
25.0¢
Admin, $17.1M
Form 990 (2024), Part IX, line 25
Cost to raise $1
0¢
as reported

For each dollar donated, Self-Help Ventures Fund spent 0¢ on fundraising.

Fundraising ÷ $113.6M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 26.6% of program spending $13.7M

Loans to and investments in community development projects (a) employing low-income and unemployed persons; (b) in low-income, rural and distressed communities; and (c) involving charitable organizations. Total beneficiaries = approximately 1,652

Program 2 · 7.7% of program spending $4.0M

Facilitation of a secondary market at reasonable rates on a substainable basis for home mortgages made to low-income and other traditionally underserved home buyers to make homeownership more widely available to these families. Total beneficiaries = approximately 17,685

Form 990 (2024), Part III
04 · The savings

Net assets: $384.4M to $755.6M in 11 years.

Net assets at each fiscal year end, 2013 to 2024.

Net assets at year end, $ millions
384
405
427
451
471
494
520
571
601
631
641
756
Form 990 history via ProPublicaForm 990 (2024)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in 2024, from the charity and related organizations.

Russel Hagen
Manager Transition Exec
$161,597
Athena Eng
Manager Benefits & Payroll
$140,502
Sarah Brennan
Structured Finance Sector Leader
$139,769
Lillian Steponaitis
Director Special Projects
$136,541
Mary Abad
Sr Commercial Lending Underwriter
$134,516
Amanda Frazier Wong
President
$106,202
Randy Chambers
Treasurersecretary
$101,573
Martin Eakes
Ceodirector
$100,961
Form 990 (2024), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Blue Hat Mechanical IncHvac contractor$1,576,527
Coxschepp Construction LLCConstruction$509,999
Griffin Service Company IncConstruction$429,994
Forvis Mazars LlpAccounting firm$337,034
Piedmont Service Group IncConstruction$177,681
Form 990 (2024), Part VII, Section B
06 · Questions

The questions people ask about the Self-Help Ventures Fund.

Short, sourced answers. Each one stands on its own.

How much does the Self-Help Ventures Fund CEO make?

Russel Hagen, Manager Transition Exec, received $161,597 in reportable compensation in 2024, 0.2% of Self-Help Ventures Fund's $68.6M in spending.

Form 990 (2024), Part VII

What percentage of Self-Help Ventures Fund donations go to programs?

Self-Help Ventures Fund reported 75% of 2024 spending as programs, 0% as fundraising and 25% as management.

Form 990 (2024), Part IX

How much money does Self-Help Ventures Fund have?

Net assets were $755.6M at the end of 2024, about 132.2 months of spending.

Form 990 (2024), Part X

Does Self-Help Ventures Fund have any red flags in its filing?

Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.

Form 990 (2024)
07 · Sources and citing

Every number, traced.

  1. Self-Help Ventures Fund Form 990, 2024 (IRS e-file)
  2. Self-Help Ventures Fund Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Self-Help Ventures Fund: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/self-help-ventures-fund/