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Filing year 2023

LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION

State College, Pennsylvania·EIN 22-3876595·501(c)(3)
Total revenue
$18.1M
Total assets
$55.1M
Total expenses
$18.4M
Reported officers
18
Mission

THE VILLAGE AT PENN STATE SUPPORTS A VIBRANT LIFESTYLE AS A PREMIER RETIREMENT COMMUNITY WITH A PENN STATE UNIVERSITY RELATIONSHIP.

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Director of Facilities
Highest Compensated Employee
10th to 25th percentile
$115k
$128k
Director of Dining Service
Highest Compensated Employee
10th to 25th percentile
$115k
$128k
Director of Nursing
Highest Compensated Employee
10th to 25th percentile
$112k
$126k
President
10th to 25th percentile
$34k
$38k
Senior Vp/cfo
Officer (Unspecified)
$32k
$36k
Senior Vp/coo
Officer (Unspecified)
$23k
$25k
Executive Director
Below 10th percentile
$10k
$11k

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.

Down 19%
from 2022

From $142k in 2022 to $115k in 2023.

$142k
2022
$115k
2023
In today's dollarsEst.
Down 22% in real terms$164k to $128k

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.

Pay for the position

Highest Compensated Employee pay rose 1% from 2022 to 2023, while revenue rose 9%.

$113k in 2022 to $115k in 2023.
  • Chief Executive Officer pay fell 76% 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.
Financial trend

Revenue and expenses over time

LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.7M
$16.4M
2022
$18.1M
$18.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION

What does the Highest Compensated Employee of LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION earn?

In 2023, the Highest Compensated Employee of LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION received $114,969 in total compensation. This pay is in the bottom quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION falls between the 10th and 25th percentiles.

What are LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION reported $18.1M in total revenue and $18.4M in total expenses on its IRS Form 990.

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