To provide housing and services that enhance a person's quality of life, respect personal dignity, and accommodate the need for privacy and self-determination. In doing so, we aim to respond to the individual's changing needs brought about through aging.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Human Services organizations nationwide.
- Base
- $151k
- Bonus
- —
- Other
- —
- Benefits
- $18k
- Base
- $130k
- Bonus
- —
- Other
- —
- Benefits
- $5k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO 75th to 90th percentilevs Human Services peers in Maine | $151k | — | — | $18k | $176k $197k |
Former CEO Former Officer/director/trustee Median to 75th percentile | $130k | — | — | $5k | $141k $157k |
Director of Finance Median to 75th percentile | — | — | — | — | $120k $134k |
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 13 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Home for the Aged equaled 2% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services 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 13%
from 2022
From $202k in 2022 to $176k in 2023.
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.
Chief Executive Officer pay fell 13% from 2022 to 2023, while revenue rose 6%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Home for the Aged
What does the Chief Executive Officer of Home for the Aged earn?
In 2023, the Chief Executive Officer of Home for the Aged received $176,320 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Human Services organizations in Maine, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Home for the Aged compare with similar nonprofits?
Compared with the same role at Human Services organizations in Maine, the 2023 pay of the Chief Executive Officer at Home for the Aged falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Home for the Aged equaled 2% of the organization's total expenses. The median for human services organizations is 8%.
What are Home for the Aged's revenue and expenses?
In 2023, Home for the Aged reported $8.8M in total revenue and $9.3M in total expenses on its IRS Form 990.
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