TO PROVIDE DECENT, AFFORDABLE HOUSING FOR PERSONS OF LOW AND MODERATE INCOME. WE SHALL PROVIDE AND PRESERVE THE QUALITY AND AFFORDABILITY OF HOUSING FOR PRESENT AND FUTURE LOW TO MODERATE INCOME RESIDENTS OF THE COMMUNITY.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Michigan.
| Position | Total |
|---|---|
Executive Director Median to 75th percentile | $99k $107k |
Director Board Member 10th to 25th percentilevs Housing & Shelter peers nationwide | $4k $4k |
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 13 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at HOMESTRETCH NONPROFIT HOUSING CORPORATION equaled 10% 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.
Down 4%
from 2023
From $103k in 2023 to $99k in 2024.
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 fell 4% from 2023 to 2024, while revenue fell 51%.
- Board Member pay rose 95% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HOMESTRETCH NONPROFIT HOUSING CORPORATION
What does the Chief Executive Officer of HOMESTRETCH NONPROFIT HOUSING CORPORATION earn?
In 2024, the Chief Executive Officer of HOMESTRETCH NONPROFIT HOUSING CORPORATION received $99,137 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HOMESTRETCH NONPROFIT HOUSING CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Michigan, the 2024 pay of the Chief Executive Officer at HOMESTRETCH NONPROFIT HOUSING CORPORATION falls between the median and the 75th percentile. In 2024, the highest total compensation at HOMESTRETCH NONPROFIT HOUSING CORPORATION equaled 10% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are HOMESTRETCH NONPROFIT HOUSING CORPORATION's revenue and expenses?
In 2024, HOMESTRETCH NONPROFIT HOUSING CORPORATION reported $1.5M in total revenue and $1M in total expenses on its IRS Form 990.
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