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Filing year 2023

FRIENDSHIP APARTMENT VILLAGE CORPORATION

Roanoke, Virginia·EIN 54-0842686·NTEE L22Z · Housing & Shelter·501(c)(3)
Total revenue
$7.6M
Total assets
$31.2M
Total expenses
$5.5M
Reported officers
18
Mission

SUPPORTING FRIENDS BY PROVIDING PEACE OF MIND

Executive compensation

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

President & CEO
10th to 25th percentilevs Housing & Shelter peers in Virginia
$20k
$22k
Director of Accounting
Highest Compensated Employee
Below 10th percentile
$16k
$18k
Director of IT
Chief Information Officer
10th to 25th percentile
$15k
$16k
CFO
10th to 25th percentile
$14k
$15k
Director of Revenue Cycle
Highest Compensated Employee
Below 10th percentile
$11k
$12k
VP Human Resources & Compl
Board Vice President
10th to 25th percentile
$11k
$12k
Director of Human Resource
Highest Compensated Employee
Below 10th percentile
$9k
$9k
Board Secretary
Below 10th percentile
$1k
$1k

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 10 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FRIENDSHIP APARTMENT VILLAGE CORPORATION equaled 0.4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
0.4%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 11%
from 2022

From $18k in 2022 to $20k in 2023.

$18k
2022
$20k
2023
In today's dollarsEst.
Up 6% in real terms$21k to $22k

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.

Pay for the position

Chief Executive Officer pay rose 11% from 2022 to 2023, while revenue rose 27%.

$18k in 2022 to $20k in 2023.
  • Highest Compensated Employee pay rose 1% from 2022 to 2023.
  • Chief Information Officer pay fell 1% from 2022 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FRIENDSHIP APARTMENT VILLAGE CORPORATION

What does the Chief Executive Officer of FRIENDSHIP APARTMENT VILLAGE CORPORATION earn?

In 2023, the Chief Executive Officer of FRIENDSHIP APARTMENT VILLAGE CORPORATION received $20,335 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FRIENDSHIP APARTMENT VILLAGE 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 FRIENDSHIP APARTMENT VILLAGE CORPORATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at FRIENDSHIP APARTMENT VILLAGE CORPORATION equaled 0.4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are FRIENDSHIP APARTMENT VILLAGE CORPORATION's revenue and expenses?

In 2023, FRIENDSHIP APARTMENT VILLAGE CORPORATION reported $7.6M in total revenue and $5.5M in total expenses on its IRS Form 990.

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