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Filing year 2023

HEARTH BEACON INC

Boston, Massachusetts·EIN 04-3446044·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$277k
Total assets
$1.1M
Total expenses
$257k
Reported officers
28
Mission

TO OPERATE NINE UNITS OF HOUSING FOR FORMERLY HOMELESS ELDERS.

Executive compensation

Form 990 · Part VII & 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 Massachusetts.

Chief Development Officer
10th to 25th percentilevs Housing & Shelter peers nationwide
$21k
$23k
Controller
10th to 25th percentilevs Housing & Shelter peers nationwide
$15k
$17k
Cao/pres. & CEO (as of 11/23)
Below 10th percentile
$10k
$11k
President & CEO (until 11/2023)
Below 10th percentile
$5k
$6k
CFO
Below 10th percentile
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 23 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HEARTH BEACON INC equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
8%
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 42%
from 2022

From $15k in 2022 to $21k in 2023.

$15k
2022
$21k
2023
In today's dollarsEst.
Up 37% in real terms$17k to $23k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Controller pay rose 4% from 2022 to 2023, while revenue rose 25%.

$15k in 2022 to $15k in 2023.
  • Chief Executive Officer pay rose 119% from 2022 to 2023.
  • Chief Financial Officer pay rose 579% from 2022 to 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 HEARTH BEACON INC

What does the Chief Development Officer of HEARTH BEACON INC earn?

In 2023, the Chief Development Officer of HEARTH BEACON INC received $20,738 in total compensation. This pay is in the bottom quarter for Chief Development Officer roles among Housing & Shelter organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Development Officer pay at HEARTH BEACON INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Chief Development Officer at HEARTH BEACON INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at HEARTH BEACON INC equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are HEARTH BEACON INC's revenue and expenses?

In 2023, HEARTH BEACON INC reported $277k in total revenue and $257k in total expenses on its IRS Form 990.

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