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Filing year 2024

GATEWAY COMMUNITY DEVELOPMENT CORP

Henderson, North Carolina·EIN 56-1597343·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$614k
Total assets
$981k
Total expenses
$261k
Reported officers
10
Mission

Gateway Community Development Corporation is committed to improving the quality of life for the communities we serve by providing essential resources and opportunities that promote growth, development and empowerment.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President
Median to 75th percentile
$90k
$95k
COO
25th percentile to medianvs Housing & Shelter peers nationwide
$26k
$28k

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 8 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GATEWAY COMMUNITY DEVELOPMENT CORP equaled 34% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
34%
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.

Top compensation, year by year

From $26k in 2022 to $90k in 2024.

$26k
2022
$42k
2023
$90k
2024
In today's dollarsEst.
Up 222% in real terms$30k to $95k

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 Operating Officer pay rose 577% from 2023 to 2024, while revenue rose 324%.

$4k in 2023 to $26k in 2024.
  • Board President pay rose 60% from 2022 to 2023.

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.

Among peers

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

FAQ

Common questions about GATEWAY COMMUNITY DEVELOPMENT CORP

What does the Chief Executive Officer of GATEWAY COMMUNITY DEVELOPMENT CORP earn?

In 2024, the Chief Executive Officer of GATEWAY COMMUNITY DEVELOPMENT CORP received $90,004 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in North Carolina, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GATEWAY COMMUNITY DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in North Carolina, the 2024 pay of the Chief Executive Officer at GATEWAY COMMUNITY DEVELOPMENT CORP falls between the median and the 75th percentile. In 2024, the highest total compensation at GATEWAY COMMUNITY DEVELOPMENT CORP equaled 34% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are GATEWAY COMMUNITY DEVELOPMENT CORP's revenue and expenses?

In 2024, GATEWAY COMMUNITY DEVELOPMENT CORP reported $614k in total revenue and $261k in total expenses on its IRS Form 990.

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