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Filing year 2023

Devon Oaks Assisted Living Corporation

Westlake, Ohio·EIN 34-1927224·NTEE L22 · Housing & Shelter·501(c)(3)
Total revenue
$6M
Total assets
$5.9M
Total expenses
$4.9M
Reported officers
19
Mission

We affirm the dignity and individual worth of older adults and their right to attain the highest possible quality of life. We strive to nurture and sustain their physical, emotional, intellectual, social and spiritual health. We are committed to having a community in which every member is equally respected, valued and empowered.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

President & CEO
25th percentile to median
$41k
$45k
VP of Legal
Vice President
10th to 25th percentilevs Housing & Shelter peers nationwide
$15k
$17k
CFO
10th to 25th percentile
$6k
$7k
CIO
Chief Information Officer
Below 10th percentilevs Housing & Shelter peers nationwide
$1k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Devon Oaks Assisted Living Corporation equaled 0.8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
0.8%
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 5%
from 2022

From $42k in 2022 to $41k in 2023.

$42k
2022
$41k
2023
In today's dollarsEst.
Down 8% in real terms$49k to $45k

Estimated with BLS CPI-U for the Midwest 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 fell 5% from 2022 to 2023, while revenue rose 34%.

$42k in 2022 to $41k in 2023.
  • Vice President pay rose 112% from 2022 to 2023.
  • Chief Financial Officer pay rose 44% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 Devon Oaks Assisted Living Corporation

What does the Chief Executive Officer of Devon Oaks Assisted Living Corporation earn?

In 2023, the Chief Executive Officer of Devon Oaks Assisted Living Corporation received $40,532 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Ohio, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Devon Oaks Assisted Living Corporation compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Ohio, the 2023 pay of the Chief Executive Officer at Devon Oaks Assisted Living Corporation falls between the 25th percentile and the median. In 2023, the highest total compensation at Devon Oaks Assisted Living Corporation equaled 0.8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are Devon Oaks Assisted Living Corporation's revenue and expenses?

In 2023, Devon Oaks Assisted Living Corporation reported $6M in total revenue and $4.9M in total expenses on its IRS Form 990.

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