TO ADDRESS THE CRITICAL SHORTAGE OF DECENT, SAFE, AND AFFORDABLE HOUSING FOR LOW-INCOME HOUSEHOLDS IN WATERBURY.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Connecticut.
| Position | Total |
|---|---|
Executive Di 25th percentile to median | $41k $44k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at CREDO HOUSING DEVELOPMENT INC equaled 38% 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.
Held steady
from 2023
From $41k in 2023 to $41k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue fell 44%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about CREDO HOUSING DEVELOPMENT INC
What does the Chief Executive Officer of CREDO HOUSING DEVELOPMENT INC earn?
In 2024, the Chief Executive Officer of CREDO HOUSING DEVELOPMENT INC received $41,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Connecticut, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at CREDO HOUSING DEVELOPMENT INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Connecticut, the 2024 pay of the Chief Executive Officer at CREDO HOUSING DEVELOPMENT INC falls between the 25th percentile and the median. In 2024, the highest total compensation at CREDO HOUSING DEVELOPMENT INC equaled 38% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are CREDO HOUSING DEVELOPMENT INC's revenue and expenses?
In 2024, CREDO HOUSING DEVELOPMENT INC reported $71k in total revenue and $107k in total expenses on its IRS Form 990.
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