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Filing year 2024

287 HOUSING DEVELOPMENT FUND CORPORATION

New York, New York·EIN 46-1958016·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$336k
Total assets
$3.3M
Total expenses
$380k
Reported officers
5
Mission

THE ACQUISITION, DEVELOPMENT AND MANAGEMENT OF 20 AFFORDABLE RESIDENTIAL HOUSING UNITS LOCATED AT 287 WEST 150TH STREET IN NEW YORK CITY.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

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

President (through 2/23/24)
10th to 25th percentile
$17k
$18k
Treasurer
Officer (Unspecified)
$17k
$18k
Secretary
Officer (Unspecified)
$17k
$18k
Vice President
10th to 25th percentile
$17k
$18k
President
Below 10th percentile
$6k
$7k

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.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at 287 HOUSING DEVELOPMENT FUND CORPORATION equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
4%
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.

Down 57%
from 2023

From $38k in 2023 to $17k in 2024.

$38k
2023
$17k
2024
In today's dollarsEst.
Down 58% in real terms$43k to $18k

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

Chief Executive Officer pay fell 57% from 2023 to 2024, while revenue rose 13%.

$38k in 2023 to $17k in 2024.
  • Vice President pay fell 39% from 2023 to 2024.

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

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

Among peers

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

FAQ

Common questions about 287 HOUSING DEVELOPMENT FUND CORPORATION

What does the Chief Executive Officer of 287 HOUSING DEVELOPMENT FUND CORPORATION earn?

In 2024, the Chief Executive Officer of 287 HOUSING DEVELOPMENT FUND CORPORATION received $16,551 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in New York, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at 287 HOUSING DEVELOPMENT FUND CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New York, the 2024 pay of the Chief Executive Officer at 287 HOUSING DEVELOPMENT FUND CORPORATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at 287 HOUSING DEVELOPMENT FUND CORPORATION equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are 287 HOUSING DEVELOPMENT FUND CORPORATION's revenue and expenses?

In 2024, 287 HOUSING DEVELOPMENT FUND CORPORATION reported $336k in total revenue and $380k in total expenses on its IRS Form 990.

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