GATEWAY APARTMENTS INC. IS A SIXTEEN-UNIT GROUP HOME FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. RESIDENTS RECEIVE LIVING AND SELF-HELP SKILLS TRAINING TO ENABLE THEM TO LIVE INDEPENDENTLY WITHIN THE COMMUNITY. SECTION 811 CAPITAL ADVANCE PROGRAM FUNDS WERE OBTAINED FROM HUD FOR CONSTRUCTION. IN ADDITION TO THESE FUNDS, HUD SUPPLEMENTS THE RENTALS OF THE RESIDENTS AND REQUIRES THE RESIDENTS TO PAY A RENTAL AMOUNT. A RESIDENT'S RENT IS APPROXIMATELY THIRTY PERCENT OF THE RESIDENT'S ADJUSTED INCOME OR IS A FLAT RENTAL FEE DETERMINED BY HUD.
Executive compensation
Form 990 · Schedule J · 2 reported individuals · Filing year 2023
| Position | Total |
|---|---|
Executive Director | $43k $47k |
CFO | $27k $30k |
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 11 unpaid individuals.
Up 65%
from 2022
From $26k in 2022 to $43k in 2023.
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.
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