HOMECORP WAS FOUNDED IN 1988 BY A DEDICATED GROUP OF COMMUNITY VOLUNTEERS WHO SAW THE NEED TO PRESERVE AFFORDABILITY IN MONCLAIR. SINCE THEN, HOMECORP HAS DEVELOPED NEARLY 200 UNITS OF AFFORDABLE RENTAL AND OWNED HOUSING IN MONTCLAIR. HOMECORPS HOUSING COUNSELING DEPT. ASSISTS NEARLY 200 HOUSEHOLDS ANNUALLY WITH ACHIEVING HOUSING GOALS.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New Jersey.
| Position | Total |
|---|---|
Executive Director 75th to 90th percentile | $128k $143k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at HOMES OF MONTCLAIR ECUMENICAL CORPORATION equaled 11% 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HOMES OF MONTCLAIR ECUMENICAL CORPORATION
What does the Chief Executive Officer of HOMES OF MONTCLAIR ECUMENICAL CORPORATION earn?
In 2023, the Chief Executive Officer of HOMES OF MONTCLAIR ECUMENICAL CORPORATION received $127,500 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in New Jersey, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HOMES OF MONTCLAIR ECUMENICAL CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in New Jersey, the 2023 pay of the Chief Executive Officer at HOMES OF MONTCLAIR ECUMENICAL CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HOMES OF MONTCLAIR ECUMENICAL CORPORATION equaled 11% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are HOMES OF MONTCLAIR ECUMENICAL CORPORATION's revenue and expenses?
In 2023, HOMES OF MONTCLAIR ECUMENICAL CORPORATION reported $1.1M in total revenue and $1.2M in total expenses on its IRS Form 990.
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