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Filing year 2023

FAITH LEGACY PROPERTIES INC

Lafayette, Indiana·EIN 20-3483047·2
Total revenue
$160k
Total assets
$2.5M
Total expenses
$137k
Reported officers
5
Mission

THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO FAITH BAPTIST CHURCH OF LAFAYETTE, INC. (AN EXEMPT ORGANIZATION UNDER SECTION 501 OF THE INTERNAL REVENUE CODE)

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Secretary/tr
Officer (Unspecified)
$59k
$65k
CFO
25th percentile to median
$35k
$39k

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 3 unpaid individuals.

Down 17%
from 2022

From $70k in 2022 to $59k in 2023.

$70k
2022
$59k
2023
In today's dollarsEst.
Down 20% in real terms$81k to $65k

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 Financial Officer pay rose 13% from 2022 to 2023, while revenue fell 41%.

$31k in 2022 to $35k in 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.
Financial trend

Revenue and expenses over time

FAITH LEGACY PROPERTIES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$273k
$108k
2022
$160k
$137k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FAITH LEGACY PROPERTIES INC

What does the Chief Financial Officer of FAITH LEGACY PROPERTIES INC earn?

In 2023, the Chief Financial Officer of FAITH LEGACY PROPERTIES INC received $35,303 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at FAITH LEGACY PROPERTIES INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at FAITH LEGACY PROPERTIES INC falls between the 25th percentile and the median.

What are FAITH LEGACY PROPERTIES INC's revenue and expenses?

In 2023, FAITH LEGACY PROPERTIES INC reported $160k in total revenue and $137k in total expenses on its IRS Form 990.

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