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Filing year 2024

Housing Affordability Trust

Nashville, Tennessee·EIN 46-1003393·NTEE L12 · Housing & Shelter·501(c)(3)
Total revenue
$1.5M
Total assets
$53.7M
Total expenses
$5M
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

Trustee
Board Member
Above 90th percentile
$238k
$252k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Housing Affordability Trust equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
5%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.8M

Itemized grants

30

Median grant

$100k

RecipientLocationPurposeAmount
Jefferson County Housing AuthorityBirmingham, ALDiscretionary$834k
United Way of Central AlabamaBirmingham, ALDiscretionary$318k
Grace House MinistriesFairfield, ALDiscretionary$251k
Greater Alabama HabitatFairfield, ALDiscretionary$250k
The Lovelady CenterBirmingham, ALDiscretionary$240k
Girls Inc of Central AlabamaBirmingham, ALDiscretionary$177k
Hispanic Interest Coalition of AlabamaBirmingham, ALDiscretionary$177k
Bessemer Redevelopment CorpBessemer, ALDiscretionary$169k
Downtown Jimmie Hale MissionBirmingham, ALDiscretionary$125k
East Lake InitiativeBirmingham, ALDiscretionary$118k
The Common Thread CommunityBirmingham, ALDiscretionary$118k
Neighborhood Housing ServicesBirmingham, ALDiscretionary$116k
Miles College CDCFairfield, ALDiscretionary$100k
Habitat for HumanityFairfield, ALDiscretionary$100k
Housing Hope Partners IncBirmingham, ALDiscretionary$100k
The Link of Cullman CountyCullman, ALDiscretionary$100k
Collat Jewish Family ServicesBirmingham, ALDiscretionary$85k
Mercy Deliverance MinistriesVestavia Hills, ALDiscretionary$75k
The WellHouseOdenville, ALDiscretionary$64k
Will Bright FoundationTrussville, ALDiscretionary$51k
Children's Aid Society of AlabamaBirmingham, ALDiscretionary$50k
One RoofBirmingham, ALDiscretionary$40k
The Salvation ArmyBirmingham, ALDiscretionary$33k
The Foundry MinistriesBessemer, ALDiscretionary$32k
Titusville DevelopmentBirmingham, ALDiscretionary$32k
Compare this foundation's grantees

Up 10%
from 2023

From $215k in 2023 to $238k in 2024.

$215k
2023
$238k
2024
In today's dollarsEst.
Up 7% in real terms$235k to $252k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 10% from 2023 to 2024, while revenue fell 89%.

$215k in 2023 to $238k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Housing Affordability Trust reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.3M
$3.3M
2023
$1.5M
$5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Housing & Shelter executives earn in Tennessee

Comparable housing & shelter organizations in Tennessee pay their highest-earning executive a median of $62,310.

25th percentile
$33k
Median
$62,310
75th percentile
$103k
90th percentile
$175k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 132 organizations across 132 filings (2021 – 2024).

See full Housing & Shelter pay data for Tennessee
FAQ

Common questions about Housing Affordability Trust

What does the Board Member of Housing Affordability Trust earn?

In 2024, the Board Member of Housing Affordability Trust received $237,755 in total compensation. This pay is in the top 10% for Board Member roles among Housing & Shelter organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at Housing Affordability Trust compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Board Member at Housing Affordability Trust falls in the top 10%. In 2024, the highest total compensation at Housing Affordability Trust equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are Housing Affordability Trust's revenue and expenses?

In 2024, Housing Affordability Trust reported $1.5M in total revenue and $5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.