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RAZA DEVELOPMENT FUND INC

AZ · Community Development · EIN 521954196

22
Executives Disclosed
$25.7M
Annual Revenue
$363.1M
Total Assets
4.5:1
Internal Pay Ratio

RAZA DEVELOPMENT FUND INC has 22 executives with disclosed compensation. The highest-paid executive, Tom Espinoza (PRESIDENT/CEO (THRU 12/31/22)), received peak total compensation of $1,178,778. The sector average for Community Development executives is $172K.


Top Executive Compensation Over Time


Executive Compensation

Name Title Peak Comp. Latest Comp. Years vs. Household
Tom Espinoza PRESIDENT/CEO (THRU 12/31/22) $1.2M $1.2M 2016–2023 15.7x
Janet Murguia BOARD MEMBER $738K $738K 2016–2024 9.8x
Mary Ann Donovan PRESIDENT & CEO $581K $581K 2023–2024 7.7x
Rodrigo Vela FORMER CFO (THRU 6/30/23) $439K $439K 2016–2024 5.9x
David Clower EVP STRATEGIC INVEST (THRU 2/15/24) $379K $377K 2016–2024 5x
Melissa McDonald CHIEF PEOPLE & OPERATIONS OFFICER $374K $374K 2018–2024 5x
Mark Van Brunt EXECUTIVE VP (THRU 4/30/22) $353K $182K 2016–2022 4.7x
Antonio Lopez CHIEF FINANCIAL OFFICER $279K $279K 2019–2024 3.7x
Adrian Ruiz CHIEF INVESTMENT OFFICER $279K $279K 2020–2024 3.7x
Juan Madrid DEPUTY CFO & CONTROLLER $260K $260K 2016–2024 3.5x
Scott Richter CHIEF CREDIT OFFICER $252K $252K 2017–2024 3.4x
Amanda Sanchez VP OF EDUCATION $231K $231K 2018–2024 3.1x
Pedro Chaves DEPUTY CHIEF CREDIT OFFICER $199K $199K 2024–2024 2.7x
Perdro Chaves DEPUTY CHIELF CREDIT OFFICER $189K $189K 2023–2023 2.5x
Catherine Kes SR DIRECTOR OF SPECIALTY FINANCE $184K $184K 2020–2024 2.5x
Brian Champeau DIRECTOR - EAST COAST REGI $177K $177K 2017–2023 2.4x
Sima Thakkar SVP COMMUNITY INNOVATIONS $173K $173K 2024–2024 2.3x
Silvia Urrutia DIRECTOR - HOUSING & HEALTHCARE $140K $0 2016–2016 1.9x
Angela Stephenson DIRECTOR - EDUCATION & CHILDCARE $135K $0 2016–2016 1.8x
Laura Avelar DIRECTOR - LOAN OPERATIONS $128K $0 2017–2019 1.7x
Greta Mayans DIRECTOR OF EDUCATION $127K $0 2017–2017 1.7x
Guadalupe Gomez DIRECTOR - SMALL BUSINESS INITIATIVES $127K $0 2016–2019 1.7x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2016 9 $334K $498K $1.7M
2017 11 $300K $496K $2.1M
2018 11 $318K $565K $2.2M
2019 12 $289K $593K $2.6M
2020 12 $291K $622K $3.2M
2021 12 $284K $636K $3.4M
2022 12 $298K $669K $3.6M
2023 14 $353K $1.2M $4.9M
2024 13 $336K $738K $4.4M
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