Elevate Housing Foundation(Elevate) is organized and shall be operated exclusively for charitable purposes, including relieving the poor and distressed by providing safe, decent and sanitary housing to seniors and families in need of affordable housing. While not limited to such, Elevate may provide housing that is subsidized by HUD or by other governmental programs. However, regardless of any subsidy, occupancy in housing owned by Elevate will be limited in accordance with the standards set forth fo nonprofit affordable housing in Rev. Proc 96-32.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $125k
- Bonus
- —
- Other
- —
- Benefits
- $45k
- Base
- $152k
- Bonus
- —
- Other
- —
- Benefits
- $6k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Unclassified | $125k | — | — | $45k | $170k |
Unclassified | $152k | — | — | $6k | $164k |
Unclassified | — | — | — | — | $147k |
Unclassified | — | — | — | — | $127k |
Unclassified | — | — | — | — | $125k |
Board Member Median to 75th percentile | — | — | — | — | $40k |
Plus 2 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Elevate Housing Foundation equaled 0.7% 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.
Top compensation, year by year
From $40k in 2023 to $170k in 2024.
Board Member pay held roughly steady from 2023 to 2024, while revenue rose 9%.
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 Elevate Housing Foundation
What does the Board Member of Elevate Housing Foundation earn?
In 2024, the Board Member of Elevate Housing Foundation received $40,154 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Housing & Shelter organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at Elevate Housing Foundation compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Board Member at Elevate Housing Foundation falls between the median and the 75th percentile. In 2024, the highest total compensation at Elevate Housing Foundation equaled 0.7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are Elevate Housing Foundation's revenue and expenses?
In 2024, Elevate Housing Foundation reported $28.9M in total revenue and $25.9M in total expenses on its IRS Form 990.
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