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Filing year 2023

HOPE FOR DEPRESSION RESEARCH FOUNDATION

New York, New York·EIN 20-4559210·NTEE H129 · Medical Research·501(c)(3)
Total revenue
$2.7M
Total assets
$44.1M
Total expenses
$8.5M
Reported officers
10
Mission

OUR MISSION IS TWO-FOLD: FIRST AND FOREMOST HDRF FUNDS THE MOST INNOVATIVE NEUROSCIENCE RESEARCH INTO THE ORIGINS, DIAGNOSIS, TREATMENT AND PREVENTION OF DEPRESSION AND ITS RELATED MOOD DISORDERS BIPOLAR DISORDER, POSTPARTUM DEPRESSION, POST-TRAUMATIC STRESS DISORDER, ANXIETY DISORDER AND SUICIDE. OUR SECOND GOAL IS TO RAISE AWARENESS OF DEPRESSION AS A MEDICAL ILLNESS AND TO EDUCATE THE PUBLIC ABOUT THE FACTS OF DEPRESSION. WE EDUCATE AND INFORM IN ORDER TO HELP REMOVE THE STIGMA OF DEPRESSION. ********************************************************************* *********************************************************************

Executive compensation, broken down

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 Medical Research organizations in New York.

Executive Director
Median to 75th percentile
$291k
$327k
Base
$244k
Bonus
$48k
Other
Benefits
$11k

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.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HOPE FOR DEPRESSION RESEARCH FOUNDATION equaled 3% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2023)
3%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 4%
from 2022

From $282k in 2022 to $291k in 2023.

$282k
2022
$291k
2023
In today's dollarsEst.
Roughly flat in real terms$328k to $327k

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.

Pay for the position

Chief Executive Officer pay rose 4% from 2022 to 2023, while revenue fell 21%.

$282k in 2022 to $291k in 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 HOPE FOR DEPRESSION RESEARCH FOUNDATION

What does the Chief Executive Officer of HOPE FOR DEPRESSION RESEARCH FOUNDATION earn?

In 2023, the Chief Executive Officer of HOPE FOR DEPRESSION RESEARCH FOUNDATION received $291,395 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Medical Research organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOPE FOR DEPRESSION RESEARCH FOUNDATION compare with similar nonprofits?

Compared with the same role at Medical Research organizations in New York, the 2023 pay of the Chief Executive Officer at HOPE FOR DEPRESSION RESEARCH FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at HOPE FOR DEPRESSION RESEARCH FOUNDATION equaled 3% of the organization's total expenses. The median for medical research organizations is 10%.

What are HOPE FOR DEPRESSION RESEARCH FOUNDATION's revenue and expenses?

In 2023, HOPE FOR DEPRESSION RESEARCH FOUNDATION reported $2.7M in total revenue and $8.5M in total expenses on its IRS Form 990.

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