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Filing year 2023

HARTFORD LAND BANK INC

Hartford, Connecticut·EIN 82-3965276·NTEE C60 · Environment·501(c)(3)
Total revenue
$507k
Total assets
$3.9M
Total expenses
$1.1M
Reported officers
9
Mission

THE MISSION OF THE HLB IS TO IDENTIFY, ACQUIRE, AND REDEVELOP - DIRECTLY OR THROUGH PARTNERSHIP WITH GOVERNMENT, NONPROFIT, AND PRIVATE SECTOR PARTNERS, VACANT, ABANDONED, TAX-DELINQUENT AND/OR DISTRESSED PROPERTIES IN THE CITY OF HARTFORD, WHERE SUCH REDEVELOPMENT WILL: IMPROVE COMMUNITY AND ECONOMIC VITALITY OF HARTFORD NEIGHBORHOODS, ENSURE LONG-TERM SUSTAINABILITY OF IMPACTED PROPERTIES AND ENHANCE THE QUALITY OF LIFE FOR RESIDENTS AND BUSINESSES. HLB COORDINATES ITS ACTIVITIES WITH OTHER COMMUNITY, REGIONAL AND NEIGHBORHOOD PARTNERS THAT PURSUE OBJECTIVES AND GOALS COMPLEMENTARY TO THAT OF HLB. THE CITY OF HARTFORD IS A KEY PARTNER AND THE HLB ED WILL BE THE PRIMARY LIAISON TO THE CITY OF HARTFORD.

Executive compensation, broken down

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 Environment organizations in Connecticut.

Executive Director - Until 01/2024
75th to 90th percentile
$162k
$181k
Base
$125k
Bonus
Other
Benefits
$36k

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 8 unpaid individuals.

Browse compensation in Environment

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HARTFORD LAND BANK INC equaled 14% of the organization's total expenses. The median for environment organizations is 11%.

This organization (2023)
14%
Sector median
11%
Middle half of sector
5% to 22%

Based on 4,942 environment 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.

Up 35%
from 2022

From $120k in 2022 to $162k in 2023.

$120k
2022
$162k
2023
In today's dollarsEst.
Up 30% in real terms$139k to $181k

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 35% from 2022 to 2023, while revenue fell 73%.

$120k in 2022 to $162k 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 HARTFORD LAND BANK INC

What does the Chief Executive Officer of HARTFORD LAND BANK INC earn?

In 2023, the Chief Executive Officer of HARTFORD LAND BANK INC received $161,807 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Environment organizations in Connecticut, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HARTFORD LAND BANK INC compare with similar nonprofits?

Compared with the same role at Environment organizations in Connecticut, the 2023 pay of the Chief Executive Officer at HARTFORD LAND BANK INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HARTFORD LAND BANK INC equaled 14% of the organization's total expenses. The median for environment organizations is 11%.

What are HARTFORD LAND BANK INC's revenue and expenses?

In 2023, HARTFORD LAND BANK INC reported $507k in total revenue and $1.1M in total expenses on its IRS Form 990.

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