TO DEVELOP, ON A NONPROFIT BASIS, ONE OR MORE HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS, WHICH PROJECT IS TO BE FUNDED BY GOVERNMENT AIDED OR OTHER PERMANENT FINANCING AS PROVIDED FOR IN RELEVANT STATE AND FEDERAL STATUTES. THE CORPORATION IS EMPOWERED TO DO AND PERFORM ALL ACTS REASONABLY NECESSARY TO ACCOMPLISH THE PURPOSES OF THE CORPORATION. IN CONNECTION WITH THESE ACTIVITIES, THE CORPORATION SEEKS TO LESSON THE BURDEN OF PROVIDING HOUSES AND OTHER HOUSING-RELATED ISSUES OF BOTH GREATER NEWARK AND THE STATE OF NEW JERSEY, BY SEEKING PUBLIC PRIVATE COOPERATION IN CONNECTION WITH THE DEVELOPMENT OF AFFORDABLE HOUSING.
Executive compensation
Form 990 · Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New Jersey.
| Position | Total |
|---|---|
Real Estate Development Officer (Unspecified) | $44k $50k |
President & CEO 25th percentile to median | $41k $46k |
Director Board Member Median to 75th percentilevs Housing & Shelter peers nationwide | $36k $41k |
Treasurer Officer (Unspecified) | $31k $35k |
Secretary Thru 9/30/23 Officer (Unspecified) | $31k $34k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2023, the highest total compensation at GREATER NEWARK HOUSING PARTNERSHIP INC equaled 225% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,789 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about GREATER NEWARK HOUSING PARTNERSHIP INC
What does the Chief Executive Officer of GREATER NEWARK HOUSING PARTNERSHIP INC earn?
In 2023, the Chief Executive Officer of GREATER NEWARK HOUSING PARTNERSHIP INC received $40,688 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in New Jersey, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at GREATER NEWARK HOUSING PARTNERSHIP INC 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 GREATER NEWARK HOUSING PARTNERSHIP INC falls between the 25th percentile and the median. In 2023, the highest total compensation at GREATER NEWARK HOUSING PARTNERSHIP INC equaled 225% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are GREATER NEWARK HOUSING PARTNERSHIP INC's revenue and expenses?
In 2023, GREATER NEWARK HOUSING PARTNERSHIP INC reported $64k in total revenue and $20k in total expenses on its IRS Form 990.
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