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THE INDEPENDENCE FUND INC
THE INDEPENDENCE FUND INC
NC · Public Policy · EIN 260322088
18
Executives Disclosed
$6.1M
Annual Revenue
$3.9M
Total Assets
1.6:1
Internal Pay Ratio
THE INDEPENDENCE FUND INC has 18 executives with disclosed compensation. The highest-paid executive, Sarah Verado (CEO), received peak total compensation of $297,581. The sector average for Public Policy executives is $191K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Sarah Verado | CEO | $298K | $298K | 2024–2024 | 4x |
| Sarah Verardo | CEO | $269K | $269K | 2017–2023 | 3.6x |
| Clark Pennington | COO | $204K | $204K | 2024–2024 | 2.7x |
| Samuel Johnson | EVP-Operations | $203K | $181K | 2020–2023 | 2.7x |
| Bob Carey | EVP-Advocacy | $184K | $118K | 2019–2023 | 2.5x |
| Tammy Heap | Former COO | $153K | $153K | 2017–2019 | 2x |
| Robert Becker | Caseworker Director | $137K | $0 | 2020–2021 | 1.8x |
| Alan Silkes | DIRECTOR OF FINANCE | $135K | $0 | 2016–2016 | 1.8x |
| Mervyn Jones | Government Affairs Director | $130K | $0 | 2020–2020 | 1.7x |
| Daniel T Elkins | Senior Advisor | $125K | $0 | 2023–2023 | 1.7x |
| Jeremy Davis | Veteran Services Director | $123K | $0 | 2022–2022 | 1.6x |
| Jeffrey T Rieman Through 111516 | EXECUTIVE DIRECTOR | $122K | $0 | 2016–2016 | 1.6x |
| Dena Lecompt | CFO | $120K | $0 | 2024–2024 | 1.6x |
| Nicholas Kaylor | Former COO | $120K | $0 | 2017–2017 | 1.6x |
| Donald McAlister | Former COO | $106K | $0 | 2017–2017 | 1.4x |
| Malgorzata Reazka | Chief of Engagements | $102K | $0 | 2024–2024 | 1.4x |
| John Bauer | Chief Strategist | $52K | $0 | 2024–2024 | 0.7x |
| Jeffrey Robinson From 111516 | EXECUTIVE DIRECTOR | $15K | $0 | 2016–2016 | 0.2x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 3 | $0 | $0 | $0 |
| 2017 | 4 | $158K | $158K | $158K |
| 2019 | 3 | $183K | $238K | $549K |
| 2020 | 5 | $165K | $252K | $659K |
| 2021 | 4 | $205K | $226K | $410K |
| 2022 | 4 | $207K | $244K | $620K |
| 2023 | 4 | $190K | $269K | $569K |
| 2024 | 5 | $251K | $298K | $502K |
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