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Filing year 2024

LEXINGTON HOUSING ASSISTANCE BOARD INC

Lexington, Massachusetts·EIN 04-2888689·NTEE L21 · Housing & Shelter·3
Total revenue
$810k
Total assets
$22.9M
Total expenses
$647k
Reported officers
9
Mission

LEXHAB WAS ESTABLISHED BY AN ACT OF THE COMMONWEALTH OF MASSACHUSETTS TO INVESTIGATE AND IMPLEMENT ALTERNATIVES FOR PROVIDING AFFORDABLE HOUSING IN LEXINGTON, MA FOR PERSONS OF LOW, MODERATE, AND MIDDLE INCOME. LEXHAB'S MISSION IS TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS IN LEXINGTON, MA.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
25th percentile to median
$36k
$38k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LEXINGTON HOUSING ASSISTANCE BOARD INC equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
6%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,789 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

FAQ

Common questions about LEXINGTON HOUSING ASSISTANCE BOARD INC

What does the Chief Executive Officer of LEXINGTON HOUSING ASSISTANCE BOARD INC earn?

In 2024, the Chief Executive Officer of LEXINGTON HOUSING ASSISTANCE BOARD INC received $36,023 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LEXINGTON HOUSING ASSISTANCE BOARD INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at LEXINGTON HOUSING ASSISTANCE BOARD INC falls between the 25th percentile and the median. In 2024, the highest total compensation at LEXINGTON HOUSING ASSISTANCE BOARD INC equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are LEXINGTON HOUSING ASSISTANCE BOARD INC's revenue and expenses?

In 2024, LEXINGTON HOUSING ASSISTANCE BOARD INC reported $810k in total revenue and $647k in total expenses on its IRS Form 990.

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