OUR MISSION IS TO IMPROVE THE HOUSING AND LIVING CONDITIONS OF ELDERLY, DIABLED, AND LOW-INCOME PERSONS IN THE RICHMOND AND SURROUNDING LOCALITIES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $224k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $160k
- Bonus
- —
- Other
- —
- Benefits
- $11k
- Base
- $150k
- Bonus
- —
- Other
- —
- Benefits
- $11k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director 75th to 90th percentilevs Housing & Shelter peers in Virginia | $224k | — | — | $11k | $243k $266k |
Finance Officer Officer (Unspecified) | $160k | — | — | $11k | $177k $194k |
VP Affordable Housing Board Vice President 75th to 90th percentile | $150k | — | — | $11k | $167k $183k |
VP Energy Conservation Board Vice President Median to 75th percentile | — | — | — | — | $133k $145k |
VP Operations Board Vice President Median to 75th percentile | — | — | — | — | $132k $145k |
Director of Affordable Housing Dev. Highest Compensated Employee 25th percentile to median | — | — | — | — | $121k $132k |
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 13 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at ELDERHOMES CORPORATION equaled 1.0% 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.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 7%
from 2022
From $228k in 2022 to $243k in 2023.
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.
Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue rose 10%.
- Board Vice President pay rose 9% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about ELDERHOMES CORPORATION
What does the Chief Executive Officer of ELDERHOMES CORPORATION earn?
In 2023, the Chief Executive Officer of ELDERHOMES CORPORATION received $243,355 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ELDERHOMES CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Virginia, the 2023 pay of the Chief Executive Officer at ELDERHOMES CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ELDERHOMES CORPORATION equaled 1.0% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are ELDERHOMES CORPORATION's revenue and expenses?
In 2023, ELDERHOMES CORPORATION reported $25.9M in total revenue and $25M in total expenses on its IRS Form 990.
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