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Filing year 2024

1060 BELMONT INC

Newton, Massachusetts·EIN 27-1619580·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$604k
Total assets
$3.8M
Total expenses
$456k
Reported officers
14
Mission

TO PROVIDE FAMILIES AND PERSONS OF LOW-INCOME WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO PROMOTE THEIR HEALTH, PHYSICAL AND SOCIAL WELL BEING.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Massachusetts.

Executive Director
Below 10th percentile
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at 1060 BELMONT INC equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
1%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Executive Officer pay fell 22% from 2023 to 2024, while revenue rose 4%.

$6k in 2023 to $5k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about 1060 BELMONT INC

What does the Chief Executive Officer of 1060 BELMONT INC earn?

In 2024, the Chief Executive Officer of 1060 BELMONT INC received $4,901 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at 1060 BELMONT INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at 1060 BELMONT INC falls in the bottom 10%. In 2024, the highest total compensation at 1060 BELMONT INC equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are 1060 BELMONT INC's revenue and expenses?

In 2024, 1060 BELMONT INC reported $604k in total revenue and $456k in total expenses on its IRS Form 990.

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