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Filing year 2024

HOME CITY DEVELOPMENT INC

Springfield, Massachusetts·EIN 04-6190467·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$1.4M
Total assets
$54.2M
Total expenses
$2M
Reported officers
14
Mission

1.TO RESTORE OR REPLACE SUBSTANDARD HOUSING WITH A SUPPLY OF DECENT, AFFORDABLE, AND WELL-MANAGED HOUSING FOR INDIVIDUALS AND FAMILIES.2.TO FACILITATE NEIGHBORHOOD GROWTH AND HEALTH IN COLLABORATION WITH PARTNERS, LEADING TO LONG-TERM FAMILY AND COMMUNITY STABILITY.3.TO WORK WITH RESIDENTS, BUILDING ON THEIR STRENGTHS, TOWARD HEALTHY AND STABLE FUTURES.

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.

Executive Director/ Clerk
Director (Operational)
Above 90th percentilevs Housing & Shelter peers nationwide
$170k
$184k
Base
$135k
Bonus
Other
$29k
Benefits
Cheifphilanthropy & Communications Officer
Highest Compensated Employee
75th to 90th percentile
$162k
$175k
Base
$137k
Bonus
$3k
Other
$18k
Benefits
Director of Real Estate
Highest Compensated Employee
Median to 75th percentile
$141k
$152k
Senior Project Manager
Project Manager
75th to 90th percentilevs Housing & Shelter peers nationwide
$137k
$148k

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 10 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOME CITY DEVELOPMENT INC equaled 9% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
9%
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.

Held steady
from 2023

From $171k in 2023 to $170k in 2024.

$171k
2023
$170k
2024
In today's dollarsEst.
Down 4% in real terms$191k to $184k

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

Director (Operational) pay fell 1% from 2023 to 2024, while revenue rose 27%.

$171k in 2023 to $170k in 2024.
  • Highest Compensated Employee pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 HOME CITY DEVELOPMENT INC

What does the Director (Operational) of HOME CITY DEVELOPMENT INC earn?

In 2024, the Director (Operational) of HOME CITY DEVELOPMENT INC received $169,946 in total compensation. This pay is in the top 10% for Director (Operational) roles among Housing & Shelter organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Director (Operational) pay at HOME CITY DEVELOPMENT INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Director (Operational) at HOME CITY DEVELOPMENT INC falls in the top 10%. In 2024, the highest total compensation at HOME CITY DEVELOPMENT INC equaled 9% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are HOME CITY DEVELOPMENT INC's revenue and expenses?

In 2024, HOME CITY DEVELOPMENT INC reported $1.4M in total revenue and $2M in total expenses on its IRS Form 990.

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