THE CORPORATION WAS ESTABLISHED FOR THE PURPOSES OF DEVELOPING AND OPERATING, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME IN NEW YORK CITY WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS.
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 |
Secretary/dir., Asset & Prop. 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 MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION equaled 17% 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, while revenue rose 9%.
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 MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION
What does the Chief Executive Officer of MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION earn?
In 2024, the Chief Executive Officer of MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION 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 MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION 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 MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION falls between the 25th percentile and the median. In 2024, the highest total compensation at MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION's revenue and expenses?
In 2024, MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION reported $264k in total revenue and $381k in total expenses on its IRS Form 990.
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