DWELLING PLACE CONTINUES TO FULFILL ITS MISSION BY DEVELOPING, OWNING AND MANAGING MORE THAN 1,300 AFFORDABLE HOUSING UNITS FOR LOW AND MODERATE INCOME FAMILIES. DURING 2024, MORE THAN 1,612 HOUSEHOLDS BENEFITED FROM DWELLING PLACE HOUSING PROGRAMS INCLUDING MORE THAN 738 PREVIOUSLY HOMELESS INDIVIDUALS. IN ITS EFFORTS TO REVITALIZE NEIGHBORHOODS, DWELLING PLACE HAS DEVELOPED AND MANAGES MORE THAN 40 COMMERCIAL SPACES, LEASING BOTH TO NOT-FOR-PROFIT ORGANIZATIONS AND FOR-PROFIT BUSINESSES THAT OFFER CRITICAL SERVICES AND CREATE JOBS IN THE NEIGHBORHOODS WHERE DWELLING PLACE IS PRESENT. DWELLING PLACE ALSO OFFERS CRITICAL SOCIAL SERVICES FOR RESIDENTS WHO MAY REQUIRE THOSE SERVICES TO MAINTAIN HOUSING STABILITY AND IMPORTANT BUSINESS SUPPORT TO SMALL AND START-UP BUSINESSES IN THE NEIGHBORHOODS WHERE IT WORKS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $241k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $201k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $177k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $174k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $170k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Former CEO Above 90th percentilevs Housing & Shelter peers in Michigan | $241k | — | — | — | $241k $259k |
Former COO 75th to 90th percentile | $201k | — | — | — | $201k $216k |
Chief Programs Officer Chief Program Officer 75th to 90th percentile | $177k | — | — | — | $177k $191k |
Chief Real Estate Officer Officer (Unspecified) | $174k | — | — | — | $174k $187k |
Chief Financial Officer 75th to 90th percentile | $170k | — | — | — | $170k $183k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at DWELLING PLACE OF GRAND RAPIDS NONPROFIT 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.
Held steady
from 2023
From $243k in 2023 to $241k in 2024.
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.
Chief Executive Officer pay fell 1% from 2023 to 2024, while revenue rose 25%.
- Chief Operating Officer pay rose 29% from 2023 to 2024.
- Chief Financial Officer pay rose 95% from 2023 to 2024.
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 DWELLING PLACE OF GRAND RAPIDS NONPROFIT
What does the Chief Executive Officer of DWELLING PLACE OF GRAND RAPIDS NONPROFIT earn?
In 2024, the Chief Executive Officer of DWELLING PLACE OF GRAND RAPIDS NONPROFIT received $240,829 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at DWELLING PLACE OF GRAND RAPIDS NONPROFIT compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Michigan, the 2024 pay of the Chief Executive Officer at DWELLING PLACE OF GRAND RAPIDS NONPROFIT falls in the top 10%. In 2024, the highest total compensation at DWELLING PLACE OF GRAND RAPIDS NONPROFIT equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are DWELLING PLACE OF GRAND RAPIDS NONPROFIT's revenue and expenses?
In 2024, DWELLING PLACE OF GRAND RAPIDS NONPROFIT reported $7.4M in total revenue and $8.6M in total expenses on its IRS Form 990.
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