TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
Executive compensation
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New York.
| Position | Total |
|---|---|
CEO 25th percentile to median | $60k $65k |
CFO Median to 75th percentile | $59k $63k |
Co-managing Director Director (Operational) 10th to 25th percentile | $20k $22k |
COO 10th to 25th percentile | $7k $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.
Plus 3 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at 351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION equaled 5% 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.
Held steady
from 2023
From $60k in 2023 to $60k in 2024.
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.
Chief Executive Officer pay fell 1% from 2023 to 2024, while revenue fell 30%.
- Chief Financial Officer pay rose 50% from 2023 to 2024.
- Director (Operational) pay rose 15% from 2023 to 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.
Common questions about 351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION
What does the Chief Executive Officer of 351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION earn?
In 2024, the Chief Executive Officer of 351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION received $59,698 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at 351 EAST 61 STREET 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 351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION falls between the 25th percentile and the median. In 2024, the highest total compensation at 351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are 351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION's revenue and expenses?
In 2024, 351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION reported $737k in total revenue and $1.3M in total expenses on its IRS Form 990.
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