THE PURPOSE IS TO FACILITATE THE BORROWINGS RELATED TO A NEW MARKETS TAX CREDIT TRANSACTION TO FINANCE THE DEVELOPMENT AND CONSTRUCTION OF A HEALTH CENTER FOR THE JOSEPH P. ADDABBO FAMILY HEALTHCENTER, INC. IN QUEENS, NEW YORK.
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 Health Care organizations in New York.
| Position | Total |
|---|---|
Outgoing CEO 10th to 25th percentile | $30k $32k |
Outgoing Chief Financial Officer Below 10th percentile | $10k $11k |
Chief Compliance Officer/interim CEO Below 10th percentile | $8k $8k |
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 2 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at ADDABBO CENTER FUTURE HOME INC equaled 13% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 40%
from 2023
From $49k in 2023 to $30k 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 40% from 2023 to 2024, while revenue rose 76%.
- Chief Financial Officer pay fell 7% 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 ADDABBO CENTER FUTURE HOME INC
What does the Chief Executive Officer of ADDABBO CENTER FUTURE HOME INC earn?
In 2024, the Chief Executive Officer of ADDABBO CENTER FUTURE HOME INC received $29,509 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Health Care organizations in New York, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ADDABBO CENTER FUTURE HOME INC compare with similar nonprofits?
Compared with the same role at Health Care organizations in New York, the 2024 pay of the Chief Executive Officer at ADDABBO CENTER FUTURE HOME INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at ADDABBO CENTER FUTURE HOME INC equaled 13% of the organization's total expenses. The median for health care organizations is 4%.
What are ADDABBO CENTER FUTURE HOME INC's revenue and expenses?
In 2024, ADDABBO CENTER FUTURE HOME INC reported $958k in total revenue and $224k in total expenses on its IRS Form 990.
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