TO PROVIDE LOW INCOME ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES ARE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION OF THE FACILITIES AND SERVICES ON A NONPROFIT BASIS.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Virginia.
| Position | Total |
|---|---|
President 10th to 25th percentile | $17k $19k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 15 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at BAY AGING APARTMENTS MONTROSS INC equaled 7% 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.
Up 16%
from 2022
From $15k in 2022 to $17k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 16% from 2022 to 2023, while revenue rose 4%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about BAY AGING APARTMENTS MONTROSS INC
What does the Chief Executive Officer of BAY AGING APARTMENTS MONTROSS INC earn?
In 2023, the Chief Executive Officer of BAY AGING APARTMENTS MONTROSS INC received $17,050 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at BAY AGING APARTMENTS MONTROSS INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Virginia, the 2023 pay of the Chief Executive Officer at BAY AGING APARTMENTS MONTROSS INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at BAY AGING APARTMENTS MONTROSS INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are BAY AGING APARTMENTS MONTROSS INC's revenue and expenses?
In 2023, BAY AGING APARTMENTS MONTROSS INC reported $193k in total revenue and $234k in total expenses on its IRS Form 990.
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