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Filing year 2023

HOMES FOR AMERICA INC

Annapolis, Maryland·EIN 52-1901220·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$5.2M
Total assets
$42.3M
Total expenses
$6.5M
Reported officers
24
Mission

HOMES FOR AMERICA, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS AND SPECIAL NEEDS POPULATIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

President & CEO
Above 90th percentilevs Housing & Shelter peers in Maryland
$270k
$296k
Base
$242k
Bonus
Other
$358
Benefits
$15k
Vice President & CFO
Above 90th percentilevs Housing & Shelter peers in Maryland
$236k
$259k
Base
$210k
Bonus
$500
Other
$671
Benefits
$14k
Vice President
Above 90th percentile
$217k
$238k
Base
$193k
Bonus
$500
Other
$156
Benefits
$13k
Vice President, Portfolio Management
Board Vice President
75th to 90th percentile
$189k
$207k
Base
$178k
Bonus
$1k
Other
$215
Benefits
$738
Development Director
75th to 90th percentile
$185k
$204k
Base
$159k
Bonus
$500
Other
$1k
Benefits
$16k
Vice President Service Enhanced Housing
Board Vice President
75th to 90th percentile
$159k
$175k
Base
$143k
Bonus
$500
Other
$156
Benefits
$9k
Controller
75th to 90th percentile
$159k
$175k
Base
$134k
Bonus
$1k
Other
$1k
Benefits
$17k
Director, Design and Construction
Highest Compensated Employee
Median to 75th percentile
$154k
$169k
Base
$124k
Bonus
$1k
Other
$1k
Benefits
$22k
Vice President, Portfolio Management
Board Vice President
Median to 75th percentile
$115k
$126k
Development Associate
Highest Compensated Employee
25th percentile to median
$112k
$123k
Development Director
25th percentile to median
$105k
$116k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HOMES FOR AMERICA INC equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
4%
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.

Up 1%
from 2022

From $266k in 2022 to $270k in 2023.

$266k
2022
$270k
2023
In today's dollarsEst.
Down 2% in real terms$304k to $296k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue fell 25%.

$266k in 2022 to $270k in 2023.
  • Vice President pay fell 3% from 2022 to 2023.
  • Board Vice President pay rose 21% 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 HOMES FOR AMERICA INC

What does the Chief Executive Officer of HOMES FOR AMERICA INC earn?

In 2023, the Chief Executive Officer of HOMES FOR AMERICA INC received $269,605 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Maryland: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOMES FOR AMERICA INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Maryland, the 2023 pay of the Chief Executive Officer at HOMES FOR AMERICA INC falls in the top 10%. In 2023, the highest total compensation at HOMES FOR AMERICA INC equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are HOMES FOR AMERICA INC's revenue and expenses?

In 2023, HOMES FOR AMERICA INC reported $5.2M in total revenue and $6.5M in total expenses on its IRS Form 990.

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