THE IBERO-AMERICAN DEVELOPMENT CORPORATION WAS INCORPORATED TO ALLEVIATE THE HARDSHIP AND DISTRESS OF PERSONS AND FAMILIES OF LOW AND MODERATE INCOME RESIDING IN THE ROCHESTER, NY AREA BY PROVIDING DWELLING ACCOMMODATIONS AND SOCIAL AND RECREATIONAL FACILITIES AND TO MAINTAIN AND MANAGE REAL PROPERTY FOR VARIOUS NON-PROFIT ENTITIES. IN ADDITION, THE IBERO-AMERICAN DEVELOPMENT CORPORATION IDENTIFIES, REFURBISHES OR BUILDS, AND MARKETS HOMES WITH OTHER THIRD-PARTIES TO ELIGIBLE PURCHASES IN THE ROCHESTER, NY AREA.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New York.
| Position | Total |
|---|---|
Pres & CEO Iaal Below 10th percentile | $10k $11k |
Executive Vice President Below 10th percentilevs Housing & Shelter peers nationwide | $8k $9k |
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 7 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at IBERO-AMERICAN DEVELOPMENT CORPORATION equaled 0.9% 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.
Down 49%
from 2021
From $20k in 2021 to $10k in 2023.
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 43% from 2021 to 2023, while revenue rose 6%.
- Executive Vice President pay fell 61% from 2021 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about IBERO-AMERICAN DEVELOPMENT CORPORATION
What does the Chief Executive Officer of IBERO-AMERICAN DEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of IBERO-AMERICAN DEVELOPMENT CORPORATION received $10,291 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in New York: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at IBERO-AMERICAN DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in New York, the 2023 pay of the Chief Executive Officer at IBERO-AMERICAN DEVELOPMENT CORPORATION falls in the bottom 10%. In 2023, the highest total compensation at IBERO-AMERICAN DEVELOPMENT CORPORATION equaled 0.9% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are IBERO-AMERICAN DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, IBERO-AMERICAN DEVELOPMENT CORPORATION reported $1.5M in total revenue and $1.1M in total expenses on its IRS Form 990.
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