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Filing year 2024

4-12 Gouverneur Place Housing Development Fund Corporation

Yonkers, New York·EIN 27-3437725·NTEE L24 · Housing & Shelter·501(c)(3)
Total revenue
$756k
Total assets
$12.1M
Total expenses
$291k
Reported officers
3
Mission

THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PROVIDING HOUSING ACCOMODATIONS FOR PERSONS OF LOW INCOME AND/OR FAMILIES OF LOW INCOME (AS THOSE TERMS ARE DEFINED IN SECTION TWO OF THE PRIVATE HOUSING FINANCE LAW) BY ACQUIRING, DEVELOPING AND MANAGING HOUSING PROJECTS FOR PERSONS AND/OR FAMILIES OF LOW INCOME, INCLUDING WITHOUT LIMITATION THE REAL PROPERTY AT 4-12 GOUVERNEUR PLACE, BRONX, NEW YORK, UPON WHICH IS INTENDED TO BE DEVELOPED A HOUSING PROJECT CONSISTING OF STUDIO APARTMENTS FOR LOW INCOME INDIVIDUALS DIAGNOSED WITH SERIOUS MENTAL ILLNESS AND FAMILY APARTMENTS FOR LOW INCOME FAMILIES.

Executive compensation

Form 990 · Part VII & Schedule J · 3 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/ceo
25th percentile to median
$54k
$58k
Secretary/treasurer
Officer (Unspecified)
$54k
$58k
Sr. VP of Real Estate
Vice President
Median to 75th percentile
$53k
$57k

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 4-12 Gouverneur Place Housing Development Fund Corporation equaled 19% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
19%
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.

Up 8%
from 2023

From $50k in 2023 to $54k in 2024.

$50k
2023
$54k
2024
In today's dollarsEst.
Up 4% in real terms$56k to $58k

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 rose 13% from 2023 to 2024, while revenue held roughly steady.

$48k in 2023 to $54k in 2024.
  • Vice President pay rose 10% 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 4-12 Gouverneur Place Housing Development Fund Corporation

What does the Chief Executive Officer of 4-12 Gouverneur Place Housing Development Fund Corporation earn?

In 2024, the Chief Executive Officer of 4-12 Gouverneur Place Housing Development Fund Corporation received $53,979 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 4-12 Gouverneur Place 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 4-12 Gouverneur Place Housing Development Fund Corporation falls between the 25th percentile and the median. In 2024, the highest total compensation at 4-12 Gouverneur Place Housing Development Fund Corporation equaled 19% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are 4-12 Gouverneur Place Housing Development Fund Corporation's revenue and expenses?

In 2024, 4-12 Gouverneur Place Housing Development Fund Corporation reported $756k in total revenue and $291k in total expenses on its IRS Form 990.

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