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Filing year 2023

BETTER HOMES FOR NORTH CAROLINA INC

Raleigh, North Carolina·EIN 56-1783194·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$61k
Total assets
$362k
Total expenses
$26k
Reported officers
3
Mission

THE ENTITY WAS ORGANIZED TO FILL A PERCEIVED VOID IN THE NON-PROFIT HOUSING CORPORATION POPULATION IN NON-METROPOLITAN AREAS OF EASTERN NORTH CAROLINA. PARTICULARLY, SEVERAL CIVIC AND COMMUNITY LEADERS FORMED THE ORGANIZATION AS THEY WERE CONCERNED THAT WHILE THERE ARE GROWING NUMBERS OF OPERATIONAL LOW-INCOME HOUSING NON-PROFIT ORGANIZATIONS IN THE METROPOLITAN AREAS OF EASTERN NORTH CAROLINA, THE PREDOMINANTLY RURAL AREAS, AND SMALL AND MEDIUM SIZE COMMUNITIES JUST OUTSIDE OF THRIVING METROPOLITAN AREAS ARE UNDER-SERVED, BOTH IN AVAILABILITY OF LOW-INCOME HOUSING AND THE EXISTENCE OF VIABLE NON-PROFIT ORGANIZATIONS DEDICATED TO PRODUCING NEW LOW-INCOME HOUSING STOCK.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

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

President
Below 10th percentile
$15k
$16k
Vice President
Below 10th percentilevs Housing & Shelter peers nationwide
$8k
$8k
Secretary
Officer (Unspecified)
$6k
$7k

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.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BETTER HOMES FOR NORTH CAROLINA INC equaled 57% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
57%
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.

Among peers

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

FAQ

Common questions about BETTER HOMES FOR NORTH CAROLINA INC

What does the Chief Executive Officer of BETTER HOMES FOR NORTH CAROLINA INC earn?

In 2023, the Chief Executive Officer of BETTER HOMES FOR NORTH CAROLINA INC received $15,000 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in North Carolina: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BETTER HOMES FOR NORTH CAROLINA INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in North Carolina, the 2023 pay of the Chief Executive Officer at BETTER HOMES FOR NORTH CAROLINA INC falls in the bottom 10%. In 2023, the highest total compensation at BETTER HOMES FOR NORTH CAROLINA INC equaled 57% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are BETTER HOMES FOR NORTH CAROLINA INC's revenue and expenses?

In 2023, BETTER HOMES FOR NORTH CAROLINA INC reported $61k in total revenue and $26k in total expenses on its IRS Form 990.

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