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Filing year 2023

INNOVATIVE HOUSING DEV CORPORATION

Fort Gratiot, Michigan·EIN 38-2317342·NTEE P73Z · Human Services·501(c)(3)
Total revenue
$12.6M
Total assets
$9.6M
Total expenses
$11.8M
Reported officers
10
Mission

TO PROVIDE A VARIETY OF QUALITY SERVICES AND SUPPORTS TO INDIVIDUALS WITH SPECIAL NEEDS. IN ADDITION, TO PROVIDE AFFORDABLE HOUSING TO A VARIETY OF INDIVIDUALS INCLUDING HANDICAPPED, ELDERLY, AND LIMITED INCOME PERSONS.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Executive Director
75th to 90th percentile
$146k
$159k
Fiscal Services Director
Highest Compensated Employee
25th percentile to median
$126k
$137k
Operations Director
25th percentile to median
$111k
$121k
Board Member
10th to 25th percentile
$5k
$6k
Board Member
10th to 25th percentile
$2k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INNOVATIVE HOUSING DEV CORPORATION equaled 1% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
1%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 2%
from 2022

From $150k in 2022 to $146k in 2023.

$150k
2022
$146k
2023
In today's dollarsEst.
Down 8% in real terms$172k to $159k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 2% from 2022 to 2023, while revenue rose 6%.

$150k in 2022 to $146k in 2023.
  • Highest Compensated Employee pay fell 2% 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 INNOVATIVE HOUSING DEV CORPORATION

What does the Chief Executive Officer of INNOVATIVE HOUSING DEV CORPORATION earn?

In 2023, the Chief Executive Officer of INNOVATIVE HOUSING DEV CORPORATION received $145,996 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Human Services organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INNOVATIVE HOUSING DEV CORPORATION compare with similar nonprofits?

Compared with the same role at Human Services organizations in Michigan, the 2023 pay of the Chief Executive Officer at INNOVATIVE HOUSING DEV CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at INNOVATIVE HOUSING DEV CORPORATION equaled 1% of the organization's total expenses. The median for human services organizations is 8%.

What are INNOVATIVE HOUSING DEV CORPORATION's revenue and expenses?

In 2023, INNOVATIVE HOUSING DEV CORPORATION reported $12.6M in total revenue and $11.8M in total expenses on its IRS Form 990.

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