HEARTH, INC. (HEARTH) IS A NONPROFIT ORGANIZATION DEDICATED TO THE ELIMINATION AMONG ELDER HOMELESSNESS. THIS MISSION IS ACCOMPLISHED THROUGH A BLEND OF PREVENTION, PLACEMENT, AND HOUSING PROGRAMS ALL DESIGNED TO HELP ELDERS FIND AND SUCCEED IN HOMES OF THEIR OWN. TO THIS END, THE HOUSING PROVIDES SUPPORTIVE SOCIAL AND HEALTH SERVICES WHICH ASSIST RESIDENTS TO AGE WITH DIGNITY, REGARDLESS OF THEIR MEDICAL, MENTAL HEALTH, OR SOCIAL NEEDS. THESE GOALS ARE BEST ACCOMPLISHED THROUGH RESPECT FOR ELDERS AND STAFF, SO THAT ALL CAN ACHIEVE THEIR HIGHEST DEGREE OF POTENTIAL.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Massachusetts.
- Base
- $185k
- Bonus
- —
- Other
- —
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Pres. & CEO 75th to 90th percentile | $185k | — | — | $10k | $200k $214k |
Controller 75th to 90th percentilevs Housing & Shelter peers nationwide | — | — | — | — | $140k $149k |
VP of Finance (as of 7/24) Vice President 75th to 90th percentilevs Housing & Shelter peers nationwide | — | — | — | — | $79k $85k |
CFO (until 1/24) 25th percentile to median | — | — | — | — | $29k $31k |
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 24 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at HEARTH INC equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
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.
Climbed 19%
over 2 years
From $169k in 2022 to $200k in 2024.
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.
Chief Executive Officer pay rose 19% from 2022 to 2024, while revenue rose 19%.
- Controller pay rose 11% from 2022 to 2024.
- Chief Financial Officer pay fell 35% from 2022 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HEARTH INC
What does the Chief Executive Officer of HEARTH INC earn?
In 2024, the Chief Executive Officer of HEARTH INC received $200,311 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HEARTH INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at HEARTH INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at HEARTH INC equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are HEARTH INC's revenue and expenses?
In 2024, HEARTH INC reported $4.6M in total revenue and $6.3M in total expenses on its IRS Form 990.
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