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Filing year 2023

Hagerstown Neighborhood Development Partnership Inc

Hagerstown, Maryland·EIN 42-1616359·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$96k
Total assets
$245k
Total expenses
$189k
Reported officers
9
Mission

The HNDP intends to increase financial investments in housing, commerical and industrial projects in Hagerstown by providing loans and equity investments and leveraging other funding sources to make projects feasible in distressed or specifically designated target areas.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Director
25th percentile to median
$36k
$39k

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 2023, the highest total compensation at Hagerstown Neighborhood Development Partnership Inc equaled 19% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
19%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 49%
from 2022

From $70k in 2022 to $36k in 2023.

$70k
2022
$36k
2023
In today's dollarsEst.
Down 51% in real terms$80k to $39k

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.

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 Hagerstown Neighborhood Development Partnership Inc

What does the Chief Executive Officer of Hagerstown Neighborhood Development Partnership Inc earn?

In 2023, the Chief Executive Officer of Hagerstown Neighborhood Development Partnership Inc received $35,874 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Maryland, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Hagerstown Neighborhood Development Partnership Inc compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Maryland, the 2023 pay of the Chief Executive Officer at Hagerstown Neighborhood Development Partnership Inc falls between the 25th percentile and the median. In 2023, the highest total compensation at Hagerstown Neighborhood Development Partnership Inc equaled 19% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are Hagerstown Neighborhood Development Partnership Inc's revenue and expenses?

In 2023, Hagerstown Neighborhood Development Partnership Inc reported $96k in total revenue and $189k in total expenses on its IRS Form 990.

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