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Filing year 2024

HOUSING DEVELOPMENT CORPORATION MIDATLANTIC

Lancaster, Pennsylvania·EIN 23-1861343·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$15.6M
Total assets
$31.7M
Total expenses
$13.4M
Reported officers
18
Mission

HDC'S MISSION IS TO MANAGE AND DEVELOP QUALITY AFFORDABLE HOUSING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentilevs Housing & Shelter peers in Pennsylvania
$289k
$312k
Base
$281k
Bonus
Other
Benefits
CFO
Above 90th percentilevs Housing & Shelter peers in Pennsylvania
$187k
$202k
Base
$175k
Bonus
Other
Benefits
$5k
COO
75th to 90th percentile
$182k
$196k
Base
$170k
Bonus
Other
Benefits
$6k
V.p Resident Services
Highest Compensated Employee
Median to 75th percentile
$152k
$164k
Base
$142k
Bonus
Other
Benefits
$6k
SVP of Real Estate Develop (thru 4/24)
Senior Vice President
Median to 75th percentile
$129k
$140k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 13 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 DEVELOPMENT CORPORATION MIDATLANTIC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
2%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 7%
from 2023

From $270k in 2023 to $289k in 2024.

$270k
2023
$289k
2024
In today's dollarsEst.
Up 3% in real terms$302k to $312k

Estimated with BLS CPI-U for the Northeast 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 7% from 2023 to 2024, while revenue fell 2%.

$270k in 2023 to $289k in 2024.
  • Chief Financial Officer pay rose 9% from 2023 to 2024.
  • Chief Operating Officer pay rose 9% from 2023 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HOUSING DEVELOPMENT CORPORATION MIDATLANTIC

What does the Chief Executive Officer of HOUSING DEVELOPMENT CORPORATION MIDATLANTIC earn?

In 2024, the Chief Executive Officer of HOUSING DEVELOPMENT CORPORATION MIDATLANTIC received $288,807 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOUSING DEVELOPMENT CORPORATION MIDATLANTIC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Pennsylvania, the 2024 pay of the Chief Executive Officer at HOUSING DEVELOPMENT CORPORATION MIDATLANTIC falls in the top 10%. In 2024, the highest total compensation at HOUSING DEVELOPMENT CORPORATION MIDATLANTIC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are HOUSING DEVELOPMENT CORPORATION MIDATLANTIC's revenue and expenses?

In 2024, HOUSING DEVELOPMENT CORPORATION MIDATLANTIC reported $15.6M in total revenue and $13.4M in total expenses on its IRS Form 990.

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