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Filing year 2023

INDEPENDENCE 2ND OWNER CORP

Elmont, New York·EIN 11-3359073·NTEE P20 · Human Services·3
Total revenue
$193k
Total assets
$701k
Total expenses
$82k
Reported officers
5
Mission

THE ORGANIZATION WAS FORMED TO PROVIDE LOW INCOME HOUSING TO MENTALLY AND DEVELOPMENTALLY DISABLED INDIVIDUALS WHO ARE RESIDENT OF QUEENS AND SURROUNDING AREAS. SERVICES PROVIDED INCLUDE CLINICAL, CASE MANAGEMENT, FAMILY SUPPORT, AS WELL AS EARLY INTERVENTION SERVICES.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations in New York.

Chief Executive Officer
25th percentile to median
$81k
$91k
CFO
25th percentile to median
$37k
$41k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INDEPENDENCE 2ND OWNER CORP equaled 99% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
99%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,123 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 31%
from 2022

From $62k in 2022 to $81k in 2023.

$62k
2022
$81k
2023
In today's dollarsEst.
Up 26% in real terms$72k to $91k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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 31% from 2022 to 2023, while revenue rose 331%.

$62k in 2022 to $81k in 2023.
  • Chief Financial Officer pay rose 12% 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 INDEPENDENCE 2ND OWNER CORP

What does the Chief Executive Officer of INDEPENDENCE 2ND OWNER CORP earn?

In 2023, the Chief Executive Officer of INDEPENDENCE 2ND OWNER CORP received $81,429 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INDEPENDENCE 2ND OWNER CORP compare with similar nonprofits?

Compared with the same role at Human Services organizations in New York, the 2023 pay of the Chief Executive Officer at INDEPENDENCE 2ND OWNER CORP falls between the 25th percentile and the median. In 2023, the highest total compensation at INDEPENDENCE 2ND OWNER CORP equaled 99% of the organization's total expenses. The median for human services organizations is 8%.

What are INDEPENDENCE 2ND OWNER CORP's revenue and expenses?

In 2023, INDEPENDENCE 2ND OWNER CORP reported $193k in total revenue and $82k in total expenses on its IRS Form 990.

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