THE CORPORATION WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN, AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PERSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.
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.
| Position | Total |
|---|---|
Chairperson Board Chair Median to 75th percentilevs Housing & Shelter peers nationwide | $28k $30k |
Member Board Member Below 10th percentile | $4k $5k |
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 3 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 2%
from 2023
From $27k in 2023 to $28k in 2024.
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.
Board Chair pay rose 2% from 2023 to 2024, while revenue rose 4%.
- Board Member pay rose 2% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC
What does the Board Chair of LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC earn?
In 2024, the Board Chair of LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC received $27,907 in total compensation. This pay is above the median (the midpoint) for Board Chair roles among Housing & Shelter organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Chair pay at LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Board Chair at LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC falls between the median and the 75th percentile. In 2024, the highest total compensation at LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC's revenue and expenses?
In 2024, LORETTO-MALTA MANOR HOUSING DEVELOPMENT FUND COMPANY INC reported $331k in total revenue and $396k in total expenses on its IRS Form 990.
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