TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING, BOTH RENTAL AND HOMEOWNERSHIP, AND ASSIST HOUSEHOLDS TO BECOME OWNERS OF AFFORDABLE HOMES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $235k
- Bonus
- —
- Other
- —
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentilevs Housing & Shelter peers in Connecticut | $235k | — | — | $8k | $243k $263k |
Director of Commercial Lending Highest Compensated Employee 25th percentile to median | — | — | — | — | $126k $136k |
Director of Residential Lending Highest Compensated Employee 25th percentile to median | — | — | — | — | $115k $124k |
Chief Financial Officer 75th to 90th percentile | — | — | — | — | $115k $124k |
Director of Homebuyer Development 25th percentile to median | — | — | — | — | $109k $118k |
Director of Commercial Lending Highest Compensated Employee 25th percentile to median | — | — | — | — | $108k $117k |
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 11 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at HOUSING DEVELOPMENT FUND INC equaled 6% 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.
Fell 13%
over 2 years
From $280k in 2022 to $243k in 2024.
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.
Chief Executive Officer pay fell 13% from 2022 to 2024, while revenue rose 264%.
- Chief Financial Officer pay fell 24% from 2022 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HOUSING DEVELOPMENT FUND INC
What does the Chief Executive Officer of HOUSING DEVELOPMENT FUND INC earn?
In 2024, the Chief Executive Officer of HOUSING DEVELOPMENT FUND INC received $243,446 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Connecticut: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HOUSING DEVELOPMENT FUND INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Connecticut, the 2024 pay of the Chief Executive Officer at HOUSING DEVELOPMENT FUND INC falls in the top 10%. In 2024, the highest total compensation at HOUSING DEVELOPMENT FUND INC equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are HOUSING DEVELOPMENT FUND INC's revenue and expenses?
In 2024, HOUSING DEVELOPMENT FUND INC reported $12.3M in total revenue and $3.9M in total expenses on its IRS Form 990.
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