1260 HOUSING DEVELOPMENT CORPORATION IS A NOT-FOR-PROFIT CORPORATION ESTABLISHED FOR THE PURPOSE OF DEVELOPING, ACQUIRING, FINANCING, AND MANAGING LOW-INCOME PERMANENT HOUSING FOR INDIVIDUALS WITH BEHAVIORAL HEALTH ISSUES, AS WELL AS INDIVIDUALS IN NEED OF TRANSITIONAL AND EMERGENCY HOUSING IN THE CITY OF PHILADELPHIA, PENNSYLVANIA.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Pennsylvania.
- Base
- $310k
- Bonus
- —
- Other
- $9k
- Benefits
- $2k
- Base
- $209k
- Bonus
- $4k
- Other
- —
- Benefits
- $23k
- Base
- $190k
- Bonus
- $4k
- Other
- —
- Benefits
- $23k
- Base
- $178k
- Bonus
- $4k
- Other
- —
- Benefits
- $23k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $310k | — | $9k | $2k | $329k $367k |
Assistant Secretary, VP Vice President Above 90th percentilevs Housing & Shelter peers nationwide | $209k | $4k | — | $23k | $242k $270k |
Assistant Treasurer, VP Vice President Above 90th percentilevs Housing & Shelter peers nationwide | $190k | $4k | — | $23k | $222k $247k |
Vice President & COO 75th to 90th percentile | $178k | $4k | — | $23k | $210k $234k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2023, the highest total compensation at 1260 HOUSING DEVELOPMENT CORPORATION equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Top compensation, year by year
From $29k in 2022 to $329k in 2023.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 1075% from 2022 to 2023, while revenue rose 26%.
- Vice President pay rose 747% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about 1260 HOUSING DEVELOPMENT CORPORATION
What does the Chief Executive Officer of 1260 HOUSING DEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of 1260 HOUSING DEVELOPMENT CORPORATION received $329,089 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at 1260 HOUSING DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at 1260 HOUSING DEVELOPMENT CORPORATION falls in the top 10%. In 2023, the highest total compensation at 1260 HOUSING DEVELOPMENT CORPORATION equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are 1260 HOUSING DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, 1260 HOUSING DEVELOPMENT CORPORATION reported $19.8M in total revenue and $16.3M in total expenses on its IRS Form 990.
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