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Filing year 2023

176 SOUTH EIGHTH STREET APT HSG DEV FUND

Brooklyn, New York·EIN 26-2418657·501(c)(3)
Total revenue
$315k
Total assets
$3.4M
Total expenses
$434k
Reported officers
10
Mission

THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING, DEVELOPING AND MANAGING HOUSING PROJECTS FOR PERSONS OF LOW INCOME.

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Secretary
Officer (Unspecified)
$50k
$56k
Treasurer
Officer (Unspecified)
$48k
$54k
Director
Board Member
Median to 75th percentile
$36k
$40k
CFO
25th percentile to median
$31k
$35k
Director
Board Member
Median to 75th percentile
$29k
$33k
Vice President
25th percentile to median
$26k
$29k
President
10th to 25th percentile
$22k
$25k
Director
Board Member
Median to 75th percentile
$21k
$23k
CEO
Below 10th percentile
$7k
$7k
Deputy CEO
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 11%
from 2022

From $45k in 2022 to $50k in 2023.

$45k
2022
$50k
2023
In today's dollarsEst.
Up 7% in real terms$52k to $56k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 14% from 2022 to 2023, while revenue rose 3%.

$31k in 2022 to $36k in 2023.
  • Vice President pay rose 22% from 2022 to 2023.
  • Chief Executive Officer pay rose 7% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

176 SOUTH EIGHTH STREET APT HSG DEV FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$307k
$375k
2022
$315k
$434k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about 176 SOUTH EIGHTH STREET APT HSG DEV FUND

What does the Board Member of 176 SOUTH EIGHTH STREET APT HSG DEV FUND earn?

In 2023, the Board Member of 176 SOUTH EIGHTH STREET APT HSG DEV FUND received $35,894 in total compensation. This pay is above the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at 176 SOUTH EIGHTH STREET APT HSG DEV FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at 176 SOUTH EIGHTH STREET APT HSG DEV FUND falls between the median and the 75th percentile.

What are 176 SOUTH EIGHTH STREET APT HSG DEV FUND's revenue and expenses?

In 2023, 176 SOUTH EIGHTH STREET APT HSG DEV FUND reported $315k in total revenue and $434k in total expenses on its IRS Form 990.

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