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Filing year 2024

LIFETIME HOUSING DEVELOPMENT CORPORATION

Rochester, New York·EIN 46-5165393·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$32k
Total assets
$988k
Total expenses
$4k
Reported officers
9
Mission

LIFETIME HOUSING DEVELOPMENT CORPORATION PURPOSE IS TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS, INCLUDING, BUT NOT LIMITED TO INDIVIDUALS HANDICAPPED WITH INTELLECTUAL AND DEVELOPMENTAL IMPAIRMENTS, AND RELATED DISABILITIES IN MONROE, GENESEE AND ORLEANS COUNTIES IN THE STATE OF NEW YORK. THE CORPORATION IS TO BE THE DIRECT OR INDIRECT OWNER, DEVELOPER, MANAGER, OR OPERATOR OF LOW INCOME HOUSING PROJECTS IN ORDER TO PROVIDE HOUSING SERVICES FOR THE INDIVIDUALS HANDICAPPED WITH INTELLECTUAL AND DEVELOPMENTAL IMPAIRMENTS, AND RELATED DISABILITIES IN MONROE, GENESEE AND ORLEANS COUNTIES IN THE STATE OF NEW YORK.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

CFO
25th percentile to median
$29k
$31k
President & CEO
10th to 25th percentile
$19k
$21k

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 7 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LIFETIME HOUSING DEVELOPMENT CORPORATION equaled 746% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
746%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 19%
from 2023

From $35k in 2023 to $29k in 2024.

$35k
2023
$29k
2024
In today's dollarsEst.
Down 21% in real terms$39k to $31k

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

Chief Financial Officer pay fell 19% from 2023 to 2024, while revenue rose 61%.

$35k in 2023 to $29k in 2024.
  • Chief Executive Officer pay rose 205% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 LIFETIME HOUSING DEVELOPMENT CORPORATION

What does the Chief Financial Officer of LIFETIME HOUSING DEVELOPMENT CORPORATION earn?

In 2024, the Chief Financial Officer of LIFETIME HOUSING DEVELOPMENT CORPORATION received $28,614 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Housing & Shelter organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at LIFETIME HOUSING DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New York, the 2024 pay of the Chief Financial Officer at LIFETIME HOUSING DEVELOPMENT CORPORATION falls between the 25th percentile and the median. In 2024, the highest total compensation at LIFETIME HOUSING DEVELOPMENT CORPORATION equaled 746% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are LIFETIME HOUSING DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, LIFETIME HOUSING DEVELOPMENT CORPORATION reported $32k in total revenue and $4k in total expenses on its IRS Form 990.

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