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Filing year 2023

ACADEMIC PROPERTIES INC

Philadelphia, Pennsylvania·EIN 23-2411680·NTEE L400 · Housing & Shelter·501(c)(3)
Total revenue
$8.4M
Total assets
$34.6M
Total expenses
$5.8M
Reported officers
8
Mission

MAXIMIZING DREXEL UNIVERSITY REAL ESTATE HOLDINGS TO THEIR FULLEST STRATEGIC VALUE WITH EMPHASIS ON SERVING THE UNIVERSITY COMMUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

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

Vice Chair, Treasurer
Board Vice Chair
Above 90th percentile
$130k
$145k
Chairman of the Board
Board Chair
75th to 90th percentile
$52k
$58k
President, Chief Operating Officer
25th percentile to median
$45k
$51k
Vice President
25th percentile to median
$32k
$36k
Secretary
Officer (Unspecified)
$26k
$29k
Director
Board Member
25th percentile to median
$26k
$29k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ACADEMIC PROPERTIES INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
2%
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 28%
from 2022

From $181k in 2022 to $130k in 2023.

$181k
2022
$130k
2023
In today's dollarsEst.
Down 31% in real terms$211k to $145k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice Chair pay rose 149% from 2022 to 2023, while revenue rose 3%.

$52k in 2022 to $130k in 2023.
  • Board Chair pay fell 67% from 2022 to 2023.
  • Chief Operating Officer pay rose 4% 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.

Among peers

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

FAQ

Common questions about ACADEMIC PROPERTIES INC

What does the Board Vice Chair of ACADEMIC PROPERTIES INC earn?

In 2023, the Board Vice Chair of ACADEMIC PROPERTIES INC received $130,154 in total compensation. This pay is in the top 10% for Board Vice Chair roles among Housing & Shelter organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Vice Chair pay at ACADEMIC PROPERTIES INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Board Vice Chair at ACADEMIC PROPERTIES INC falls in the top 10%. In 2023, the highest total compensation at ACADEMIC PROPERTIES INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are ACADEMIC PROPERTIES INC's revenue and expenses?

In 2023, ACADEMIC PROPERTIES INC reported $8.4M in total revenue and $5.8M in total expenses on its IRS Form 990.

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