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Filing year 2023

HOPE NETWORK NONPROFIT HOUSING CORPORATION

Grand Rapids, Michigan·EIN 82-5308910·NTEE L02 · Housing & Shelter·501(c)(3)
Total revenue
$41k
Total assets
$1.2M
Total expenses
$875k
Reported officers
7
Mission

IN CHRISTIAN SERVICE, HOPE NETWORK EMPOWERS PEOPLE TO OVERCOME CHALLENGES TO ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

Executive Director of Housing
75th to 90th percentile
$153k
$169k
Base
$129k
Bonus
$14k
Other
$2k
Benefits
$8k
Business Director
Highest Compensated Employee
75th to 90th percentile
$112k
$123k
Vice President and Secretary
Vice President
25th percentile to medianvs Housing & Shelter peers nationwide
$20k
$22k
President
Below 10th percentile
$13k
$15k
Treasurer
Officer (Unspecified)
$10k
$11k
Former Treasurer
Former Officer/director/trustee
Below 10th percentilevs Housing & Shelter peers nationwide
$3k
$4k
Former President
Former Officer/director/trustee
Below 10th percentilevs Housing & Shelter peers nationwide
$443
$489

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.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HOPE NETWORK NONPROFIT HOUSING CORPORATION equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
17%
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.

Top compensation, year by year

From $20k in 2022 to $153k in 2023.

$20k
2022
$153k
2023
In today's dollarsEst.
Up 637% in real terms$23k to $169k

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.

Pay for the position

Chief Executive Officer pay rose 1206% from 2022 to 2023, while revenue rose 248%.

$12k in 2022 to $153k in 2023.
  • Vice President pay held roughly steady from 2022 to 2023.
  • Former Officer/director/trustee pay fell 59% 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 HOPE NETWORK NONPROFIT HOUSING CORPORATION

What does the Chief Executive Officer of HOPE NETWORK NONPROFIT HOUSING CORPORATION earn?

In 2023, the Chief Executive Officer of HOPE NETWORK NONPROFIT HOUSING CORPORATION received $152,939 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOPE NETWORK NONPROFIT HOUSING CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Michigan, the 2023 pay of the Chief Executive Officer at HOPE NETWORK NONPROFIT HOUSING CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HOPE NETWORK NONPROFIT HOUSING CORPORATION equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are HOPE NETWORK NONPROFIT HOUSING CORPORATION's revenue and expenses?

In 2023, HOPE NETWORK NONPROFIT HOUSING CORPORATION reported $41k in total revenue and $875k in total expenses on its IRS Form 990.

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