LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY, INC., WAS FORMED TO PROMOTE, ENCOURAGE, PROVIDE AND SPONSOR THE DEVELOPMENT OF HOUSING AND RELATED FACILITIES FOR PERSONS OF LOW INCOME AND LIMITED MEANS. THE FUND WAS CREATED TO ALLEVIATE HARDSHIP AND SUFFERING TO A DISADVANTAGED GROUP THAT WAS BROUGHT ABOUT DUE TO INADEQUATE HOUSING AND LIVING ARRANGEMENTS.
Executive compensation
Form 990 · Part VII & Schedule J · 5 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 |
|---|---|
Treasurer/mang. Dir. of Real Estate Officer (Unspecified) | $64k $70k |
President/ed 25th percentile to median | $62k $67k |
Director, Asset & Property Mgmt. Officer (Unspecified) | $27k $29k |
Chief Accounting Officer (outgoing) Officer (Unspecified) | $21k $23k |
Vice President/chief of Staff Below 10th percentile | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC equaled 21% 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.
Down 3%
from 2023
From $66k in 2023 to $64k in 2024.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 7% 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 LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC
What does the Chief Executive Officer of LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC earn?
In 2024, the Chief Executive Officer of LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC received $61,872 in total compensation. This pay is below the median (the midpoint) for Chief Executive 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 Executive Officer pay at LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in New York, the 2024 pay of the Chief Executive Officer at LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC falls between the 25th percentile and the median. In 2024, the highest total compensation at LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC equaled 21% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC's revenue and expenses?
In 2024, LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC reported $386k in total revenue and $310k in total expenses on its IRS Form 990.
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