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Filing year 2023

LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION

State College, Pennsylvania·EIN 22-3876595·3
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 · Schedule J · 7 reported individuals · Filing year 2023

Director of Facilities
highest compensated employee
$115k
$128k
Director of Dining Service
highest compensated employee
$115k
$128k
Director of Nursing
highest compensated employee
$112k
$126k
$34k
$38k
Senior Vp/cfo
officer (unspecified)
$32k
$36k
Senior Vp/coo
officer (unspecified)
$23k
$25k
Executive Director
$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.

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.
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