LHOME IS A MISSION-DRIVEN, NONPROFIT FINANCIAL INSTITUTION THAT PROVIDES ACCESSIBLE, AFFORDABLE LOAN PRODUCTS AND FINANCIAL COACHING SERVICES TO LOW-INCOME SMALL BUSINESS OWNERS, HOMEOWNERS, AND RESIDENTS OF LOUISVILLE, KENTUCKY. LHOME IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), CERTIFIED BY THE U.S. TREASURY. LHOME IS SHORT FOR THE LOUISVILLE HOUSING OPPORTUNITIES AND MICRO-ENTERPRISE COMMUNITY DEVELOPMENT LOAN FUND, INC.LHOME IS COMMITTED TO SERVING THE PEOPLE AND BUSINESSES OF LOUISVILLLE'S LOW- AND MODERATE- INCOME CENSUS TRACTS, PRIMARILY OUR WEST AND SOUTH END NEIGHBORHOODS, AND CREATING INTERGENERATIONIAL WEALTH OPPORTUNITIES, PARTICULARLY FOR LOUISVILLE'S BLACK AND BROWN RESIDENTS. OVER 70% OF LHOME CLIENTS ARE NON-WHITE, AND OVER 90% RESIDE IN THESE HISTORICALLY UNDERSERVED AND DISCRIMINATED SECTIONS OF OUR CITY.
Executive compensation, broken down
Form 990 · Part VII & 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 Kentucky.
- Base
- $174k
- Bonus
- —
- Other
- —
- Benefits
- $11k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO 75th to 90th percentile | $174k | — | — | $11k | $192k $204k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY equaled 13% 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 1%
from 2023
From $190k in 2023 to $192k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue fell 10%.
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 LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY
What does the Chief Executive Officer of LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY earn?
In 2024, the Chief Executive Officer of LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY received $192,443 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in Kentucky, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Kentucky, the 2024 pay of the Chief Executive Officer at LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY falls between the 75th and 90th percentiles. In 2024, the highest total compensation at LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY equaled 13% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY's revenue and expenses?
In 2024, LOUISVILLE HOUSING OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY reported $1.3M in total revenue and $1.5M in total expenses on its IRS Form 990.
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