Low Income Investment Fund
San Francisco, CA · EIN 94-2952578 · Housing and shelter · Rank 4,497 by total revenue
See schedule oheadquartered in san francisco, with highly productive regional offices also in los angeles, new york, washington dc, and atlanta, liif supports organizations working to revitalize low- income neighborhoods throughout the united states. to strengthen communities , we deploycapital to support high- impact community development projects, including affordable housing, early care and education centers, and other facilities such as charter schools and federally qualified health centers.liif is creating and preserving housing options for individuals and families via capital solutions, programs and policy. since inception in 1984, liif has invested over $3.9 billion in communities, serving 2.6 million people. this represents 108,230+ affordable housing units thatwere created or preserved to create a lasting impact and address market economic uncertainties. success is measured based on economic impact data that accelerates the creation of communities of opportunity.
Money, Form 990 for tax year 2024
- Total revenue
- $123,432,648
- Total expenses
- $72,551,940
- Total assets
- $786,532,068
- Salary base (all salaries and wages)
- $23,701,863
- Salaries, other pay and benefits
- $29,116,480
- Employees
- 177
- Salary base per employee
- $133,909
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (20)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Daniel Nissenbaum | DIRECTOR & CEO | Board, Officer | 40 | $678,805 |
| Kimberly Latimer-Nelligan | PRESIDENT | Officer | 40 | $463,926 |
| Panagiota Mahendru | CFO & EVP | Officer | 40 | $435,098 |
| Denise Noel | EVP & GENERAL COUNSEL | Officer | 40 | $342,118 |
| Tina Walker | EVP & CHIEF PEOPLE OFFICER | Officer | 40 | $312,027 |
| Maria Arellano Baglieri | EVP & CHIEF STRATEGY OFFICER | Officer | 40 | $212,199 |
| Dionne Nelson | TREASURER | Board, Officer | 1 | None reported |
| Jessica Sager | VICE CHAIR | Board, Officer | 1 | None reported |
| Reymundo Ocanas | CHAIR | Board, Officer | 1 | None reported |
| Russell Bruemmer | SECRETARY | Board, Officer | 1 | None reported |
| Calvin Gladney | DIRECTOR | Board | 1 | None reported |
| Carol Naughton | DIRECTOR | Board | 1 | None reported |
| David Fleming | DIRECTOR | Board | 1 | None reported |
| Eileen Fitzgerald | DIRECTOR | Board | 1 | None reported |
| Erika Poethig | DIRECTOR | Board | 1 | None reported |
| Gloria Lee | DIRECTOR | Board | 1 | None reported |
| Michael Solomon | DIRECTOR | Board | 1 | None reported |
| Tawanna Black | DIRECTOR | Board | 1 | None reported |
| William C Kelly Jr | DIRECTOR | Board | 1 | None reported |
| Yohana Quiroz | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $3,864,041, which is 16.3% of the $23,701,863 salary base shared by 177 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Daniel Nissenbaum | DIRECTOR & CEO | Board, Officer | 40 | $626,756 | $0 | $52,049 | $678,805 |
| Kimberly Latimer-Nelligan | PRESIDENT | Officer | 40 | $430,622 | $0 | $33,304 | $463,926 |
| Panagiota Mahendru | CFO & EVP | Officer | 40 | $383,049 | $0 | $52,049 | $435,098 |
| Denise Noel | EVP & GENERAL COUNSEL | Officer | 40 | $302,442 | $0 | $39,676 | $342,118 |
| Rachel L Bluestein | SVP, CHIEF PROGRAM OFFICER | Highly paid employee | 40 | $280,461 | $0 | $61,358 | $341,819 |
| Stephanie McFadden | SVP, CHIEF LENDING OFFICER | Highly paid employee | 40 | $292,334 | $0 | $48,215 | $340,549 |
| Susan Hyman | SVP, CHIEF CREDIT OFFICER | Highly paid employee | 40 | $298,508 | $0 | $30,090 | $328,598 |
| Mary Garling | SVP, NATIONAL EARLY CARE EDUCATION | Highly paid employee | 40 | $282,204 | $0 | $37,295 | $319,499 |
| Tina Walker | EVP & CHIEF PEOPLE OFFICER | Officer | 40 | $276,460 | $0 | $35,567 | $312,027 |
| Christina Shiwbalak | VP, OPERATIONS | Highly paid employee | 40 | $273,158 | $0 | $28,444 | $301,602 |
Sources
- IRS e-file return 202620989349300747 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 94-2952578
- Organization website (as filed): www.lifund.org