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Filing year 2024

FIRST CHURCH IN MALDEN HOMES INC

Malden, Massachusetts·EIN 23-7099111·501(c)(3)
Total revenue
$1.5M
Total assets
$17.2M
Total expenses
$365k
Reported officers
10
Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE FINANCING FOR LOW TO MODERATE INCOME HOUSING PROJECTS, AS WELL AS TO OWN, OPERATE, AND DEVELOP A LOW TO MODERATE INCOME HOUSING PROJECT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

Executive Director
75th to 90th percentile
$274k
$293k
Base
$226k
Bonus
Other
Benefits
$26k
Service Manager
Highest Compensated Employee
25th percentile to median
$151k
$161k
Base
$117k
Bonus
Other
Benefits
$22k
Service Coordinator
Highest Compensated Employee
25th percentile to median
$133k
$142k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 6%
from 2023

From $259k in 2023 to $274k in 2024.

$259k
2023
$274k
2024
In today's dollarsEst.
Up 2% in real terms$286k to $293k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 39%.

$259k in 2023 to $274k in 2024.
  • Highest Compensated Employee pay rose 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FIRST CHURCH IN MALDEN HOMES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$99k
2023
$1.5M
$365k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FIRST CHURCH IN MALDEN HOMES INC

What does the Chief Executive Officer of FIRST CHURCH IN MALDEN HOMES INC earn?

In 2024, the Chief Executive Officer of FIRST CHURCH IN MALDEN HOMES INC received $274,416 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FIRST CHURCH IN MALDEN HOMES INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at FIRST CHURCH IN MALDEN HOMES INC falls between the 75th and 90th percentiles.

What are FIRST CHURCH IN MALDEN HOMES INC's revenue and expenses?

In 2024, FIRST CHURCH IN MALDEN HOMES INC reported $1.5M in total revenue and $365k in total expenses on its IRS Form 990.

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