THE ORGANIZATION IS ORGANIZED FOR THE PURPOSES OF OWNING, PROVIDING, CONVEYING, AND DEVELOPING AFFORDABLE, DECENT, SAFE, AND SANITARY HOUSING FOR LOW AND MODERATE-INCOME FAMILIES AND PERSONS; ORGANIZING VOLUNTEERS FOR RELATED HOME RENOVATION PROJECTS; PROVIDING HOMEBUYER AND HOMEOWNERSHIP EDUCATION TO LOW AND MODERATE-INCOME FAMILIES AND PERSONS; AND CREATING AND PROVIDING HOUSING OPPORTUNITIES FOR LOW AND MODERATE-INCOME HOUSEHOLDS BY CONSTRUCTING AND REFURBISHING RESIDENTIAL STRUCTURES. ADDITIONALLY, THE ORGANIZATION IS ORGANIZED TO PROVIDE HOMEBUYER AND OWNERSHIP EDUCATION; TO REPORT ON ACTIVITIES AND INFORMATION ABOUT PERSONS BENEFITTING FROM THE PROGRAMS TO THE CITY OF LAFAYETTE AND TO HUD; AND TO CARRY ON OTHER SUPPORTIVE PROJECTS THAT WOULD STABILIZE AND ENHANCE LOW AND MODERATE-INCOME NEIGHBORHOODS.
Executive compensation
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.
| Position | Total |
|---|---|
Vice Chairma Board Vice Chair Above 90th percentile | $116k $128k |
Secretary Officer (Unspecified) | $56k $62k |
Director Board Member Median to 75th percentile | $42k $47k |
CFO Median to 75th percentile | $35k $39k |
Director Board Member 25th percentile to median | $23k $26k |
Treasurer Officer (Unspecified) | $23k $25k |
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 4 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at FAITH COMMUNITY DEVELOPMENT CORP equaled 6% 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.
Up 17%
from 2022
From $99k in 2022 to $116k in 2023.
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.
Board Member pay rose 85% from 2022 to 2023, while revenue rose 3%.
- Chief Financial Officer pay rose 13% 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 FAITH COMMUNITY DEVELOPMENT CORP
What does the Board Vice Chair of FAITH COMMUNITY DEVELOPMENT CORP earn?
In 2023, the Board Vice Chair of FAITH COMMUNITY DEVELOPMENT CORP received $115,777 in total compensation. This pay is in the top 10% for Board Vice Chair roles among Housing & Shelter organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Vice Chair pay at FAITH COMMUNITY DEVELOPMENT CORP compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Board Vice Chair at FAITH COMMUNITY DEVELOPMENT CORP falls in the top 10%. In 2023, the highest total compensation at FAITH COMMUNITY DEVELOPMENT CORP equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are FAITH COMMUNITY DEVELOPMENT CORP's revenue and expenses?
In 2023, FAITH COMMUNITY DEVELOPMENT CORP reported $886k in total revenue and $1.9M in total expenses on its IRS Form 990.
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