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Filing year 2023

72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION

Brooklyn, New York·EIN 26-3619644·501(c)(3)

72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION's highest-paid officer, the Secretary, was reported at $49,658 for 2023 (IRS Form 990), including base pay and other compensation. Reported Secretary pay ranged from $44,755 to $49,658 between 2022 and 2023.

Total revenue
$391k
Total assets
$1.4M
Total expenses
$458k
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
Treasurer
Officer (Unspecified)
$48k
Director
Board Member
Median to 75th percentile
$36k
CFO
25th percentile to median
$31k
Director
Board Member
Median to 75th percentile
$29k
Vice President
25th percentile to median
$26k
President
10th to 25th percentile
$22k
Director
Board Member
Median to 75th percentile
$21k
CEO
Below 10th percentile
$7k
Deputy CEO
Below 10th percentile
$2k

Up 11%
from 2022

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

$45k
2022
$50k
2023
Pay for the position

Board Member pay rose 14% from 2022 to 2023, while revenue fell 1%.

$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

72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$393k
$531k
2022
$391k
$458k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about 72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION

What does the Board Member of 72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION earn?

In 2023, the Board Member of 72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION 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 72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at 72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION falls between the median and the 75th percentile.

What are 72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION's revenue and expenses?

In 2023, 72 LEWIS AVENUE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION reported $391k in total revenue and $458k in total expenses on its IRS Form 990.

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