PROVIDE ELDERLY AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.
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 in Massachusetts.
| Position | Total |
|---|---|
President/ceo (thru 06/2024) 25th percentile to median | $47k $52k |
Assistant Clerk Officer (Unspecified) | $15k $16k |
CFO & Asst. Treasurer (as of 07/2023) 25th percentile to median | $14k $15k |
Asst Treasurer/svp/cfo (thru 07/2023) 25th percentile to median | $13k $14k |
Clerk (thru 03/2024) Officer (Unspecified) | $8k $9k |
Former SVP Operations Senior Vice President Below 10th percentilevs Housing & Shelter peers nationwide | $928 $1k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 18 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at BAY COVE WOODWARD PARK RESIDENCE INC equaled 35% 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.
Top compensation, year by year
From $14k in 2022 to $47k in 2023.
Estimated with Boston-Cambridge-Newton, MA-NH 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 rose 227% from 2022 to 2023, while revenue rose 60%.
- Chief Financial Officer pay rose 22% from 2022 to 2023.
- Senior Vice President pay fell 92% from 2022 to 2023.
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 COVE WOODWARD PARK RESIDENCE INC
What does the Chief Executive Officer of BAY COVE WOODWARD PARK RESIDENCE INC earn?
In 2023, the Chief Executive Officer of BAY COVE WOODWARD PARK RESIDENCE INC received $47,261 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at BAY COVE WOODWARD PARK RESIDENCE INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at BAY COVE WOODWARD PARK RESIDENCE INC falls between the 25th percentile and the median. In 2023, the highest total compensation at BAY COVE WOODWARD PARK RESIDENCE INC equaled 35% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are BAY COVE WOODWARD PARK RESIDENCE INC's revenue and expenses?
In 2023, BAY COVE WOODWARD PARK RESIDENCE INC reported $197k in total revenue and $137k in total expenses on its IRS Form 990.
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