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Filing year 2023

GREAT FALLS HOUSING CORPORATION

Paterson, New Jersey·EIN 27-2230034·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$572k
Total assets
$8.1M
Total expenses
$621k
Reported officers
3
Mission

GREAT FALLS HOUSING CORPORATION IS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION WITH THE MISSION OF CREATING AFFORDABLE HOUSING IN THE CITY OF PATERSON.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Chair/president
10th to 25th percentile
$12k
$14k
Secretary/treasurer
Officer (Unspecified)
$361
$403

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GREAT FALLS HOUSING CORPORATION equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
2%
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 6%
from 2022

From $12k in 2022 to $12k in 2023.

$12k
2022
$12k
2023
In today's dollarsEst.
Up 2% in real terms$14k to $14k

Estimated with BLS CPI-U for the Northeast 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 6% from 2022 to 2023, while revenue rose 22%.

$12k in 2022 to $12k 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.

Among peers

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

FAQ

Common questions about GREAT FALLS HOUSING CORPORATION

What does the Chief Executive Officer of GREAT FALLS HOUSING CORPORATION earn?

In 2023, the Chief Executive Officer of GREAT FALLS HOUSING CORPORATION received $12,422 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in New Jersey, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREAT FALLS HOUSING CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New Jersey, the 2023 pay of the Chief Executive Officer at GREAT FALLS HOUSING CORPORATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at GREAT FALLS HOUSING CORPORATION equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are GREAT FALLS HOUSING CORPORATION's revenue and expenses?

In 2023, GREAT FALLS HOUSING CORPORATION reported $572k in total revenue and $621k in total expenses on its IRS Form 990.

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