AVESTA HOUSING DEVELOPMENT CORPORATION'S MISSION IS TO IMPROVE LIVES AND STRENGTHEN COMMUNITIES BY PROMOTING AND PROVIDING QUALITY AFFORDABLE HOMES FOR PEOPLE IN NEED.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $423k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $206k
- Bonus
- —
- Other
- —
- Benefits
- $18k
- Base
- $167k
- Bonus
- —
- Other
- —
- Benefits
- $10k
- Base
- $164k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $146k
- Bonus
- —
- Other
- —
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President (past) Above 90th percentilevs Housing & Shelter peers in Maine | $423k | — | — | — | $446k $481k |
Interim President and CEO Above 90th percentilevs Housing & Shelter peers in Maine | $206k | — | — | $18k | $253k $273k |
VP of Senior Living Senior Vice President 75th to 90th percentile | $167k | — | — | $10k | $208k $224k |
VP of Strategic Initiative Vice President Above 90th percentile | $164k | — | — | — | $183k $197k |
VP of Advancement Vice President Above 90th percentile | $146k | — | — | $8k | $177k $191k |
VP of Property Management Vice President 25th percentile to median | — | — | — | — | $29k $31k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 17 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at AVESTA HOUSING DEVELOPMENT CORPORATION equaled 3% 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.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 44%
from 2023
From $310k in 2023 to $446k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 44% from 2023 to 2024, while revenue rose 25%.
- Senior Vice President pay rose 5% from 2023 to 2024.
- Vice President pay fell 23% 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 AVESTA HOUSING DEVELOPMENT CORPORATION
What does the Chief Executive Officer of AVESTA HOUSING DEVELOPMENT CORPORATION earn?
In 2024, the Chief Executive Officer of AVESTA HOUSING DEVELOPMENT CORPORATION received $445,503 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Maine: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at AVESTA HOUSING DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Maine, the 2024 pay of the Chief Executive Officer at AVESTA HOUSING DEVELOPMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at AVESTA HOUSING DEVELOPMENT CORPORATION equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are AVESTA HOUSING DEVELOPMENT CORPORATION's revenue and expenses?
In 2024, AVESTA HOUSING DEVELOPMENT CORPORATION reported $13.5M in total revenue and $14.8M in total expenses on its IRS Form 990.
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