To provide round the clock residential services to adults with mental illness, aged, homeless and developmentally disabled.
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 Mental Health & Crisis Intervention organizations in Michigan.
| Position | Total |
|---|---|
President 10th to 25th percentile | $24k $27k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 3 unpaid individuals.
Browse compensation in Mental Health & Crisis Intervention →
Top pay as a share of expenses
In 2023, the highest total compensation at HOMESTEAD RESIDENCE INC equaled 3% of the organization's total expenses. The median for mental health & crisis intervention organizations is 9%.
Based on 5,568 mental health & crisis intervention organizations, each measured at its most recent filing year with reported expenses and compensation.
Held steady
from 2022
From $24k in 2022 to $24k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 37%.
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 HOMESTEAD RESIDENCE INC
What does the Chief Executive Officer of HOMESTEAD RESIDENCE INC earn?
In 2023, the Chief Executive Officer of HOMESTEAD RESIDENCE INC received $23,999 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Mental Health & Crisis Intervention organizations in Michigan, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HOMESTEAD RESIDENCE INC compare with similar nonprofits?
Compared with the same role at Mental Health & Crisis Intervention organizations in Michigan, the 2023 pay of the Chief Executive Officer at HOMESTEAD RESIDENCE INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at HOMESTEAD RESIDENCE INC equaled 3% of the organization's total expenses. The median for mental health & crisis intervention organizations is 9%.
What are HOMESTEAD RESIDENCE INC's revenue and expenses?
In 2023, HOMESTEAD RESIDENCE INC reported $1M in total revenue and $853k in total expenses on its IRS Form 990.
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