THE MISSION OF THE ORGANIZATION IS TO PROVIDE CARE AND SERVICES TO THE COMMUNITY IN CONFORMANCE WITH THE THEOLOGY, PHILOSOPHY, TEACHINGS AND DOCTRINES OF THE ROMAN CATHOLIC CHURCH, RESPECTING AND BUILDING ON THE MISSION, PHILOSOPHY AND VALUES OF THE CARMELITE SISTERS FOR THE AGED AND INFIRM.
Executive compensation
Form 990 · Part VII & Schedule J · 2 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 |
|---|---|
Administrator Highest Compensated Employee 25th percentile to median | $117k $129k |
President / CEO / COO 25th percentile to median | $49k $54k |
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 12 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at CARMEL TERRACE INC 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about CARMEL TERRACE INC
What does the Highest Compensated Employee of CARMEL TERRACE INC earn?
In 2023, the Highest Compensated Employee of CARMEL TERRACE INC received $116,760 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Housing & Shelter organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at CARMEL TERRACE INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2023 pay of the Highest Compensated Employee at CARMEL TERRACE INC falls between the 25th percentile and the median. In 2023, the highest total compensation at CARMEL TERRACE INC equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are CARMEL TERRACE INC's revenue and expenses?
In 2023, CARMEL TERRACE INC reported $4.9M in total revenue and $4.3M in total expenses on its IRS Form 990.
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