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Filing year 2024

CEDAR LAKE RESIDENCES INC

Louisville, Kentucky·EIN 61-1247246·NTEE L80Z · Housing & Shelter·501(c)(3)
Total revenue
$8M
Total assets
$3M
Total expenses
$8M
Reported officers
12
Mission

OUR VISION IS OF A COMMUNITY WHERE THOSE WITH AND WITHOUT DISABILITIES LEARN TO SHARE AND ENRICH EACH OTHER'S LIVES THROUGH MEANINGFUL INTERACTIONS THAT CULTIVATE MUTUAL RESPECT AND UNCONDITIONAL LOVE. OUR MISSION IS TO OFFER HIGHLY COMPASSIONATE, (SEE SCHEDULE O)

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

Executive Director
75th to 90th percentile
$129k
$136k
VP of Finance
Vice President
25th percentile to medianvs Housing & Shelter peers nationwide
$20k
$21k
President and CEO
10th to 25th percentile
$11k
$12k
Chief Operating Officer (thru 1.2024)
Below 10th percentilevs Housing & Shelter peers nationwide
$930
$986

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 8 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CEDAR LAKE RESIDENCES INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
2%
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.

Down 41%
from 2023

From $217k in 2023 to $129k in 2024.

$217k
2023
$129k
2024
In today's dollarsEst.
Down 43% in real terms$237k to $136k

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.

Pay for the position

Chief Executive Officer pay rose 43619% from 2023 to 2024, while revenue rose 11%.

$294 in 2023 to $129k in 2024.
  • Chief Operating Officer pay fell 98% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about CEDAR LAKE RESIDENCES INC

What does the Chief Executive Officer of CEDAR LAKE RESIDENCES INC earn?

In 2024, the Chief Executive Officer of CEDAR LAKE RESIDENCES INC received $128,534 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in Kentucky, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CEDAR LAKE RESIDENCES INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Kentucky, the 2024 pay of the Chief Executive Officer at CEDAR LAKE RESIDENCES INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at CEDAR LAKE RESIDENCES INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are CEDAR LAKE RESIDENCES INC's revenue and expenses?

In 2024, CEDAR LAKE RESIDENCES INC reported $8M in total revenue and $8M in total expenses on its IRS Form 990.

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