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Filing year 2024

MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC

Buffalo, New York·EIN 27-2066321·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$72k
Total assets
$1.5M
Total expenses
$238k
Reported officers
7
Mission

THE COMPANY WAS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF OWNING, ORGANIZING, MANAGING, MAINTAINING, DEVELOPING AND OPERATING ON A NON-PROFIT BASIS A RESIDENTIAL HOUSING RENTAL PROJECT FOR PERSONS OF LOW INCOME AND TO PROVIDE OFFICES FOR A NON-PROFIT CIVIL RIGHTS ORGANIZATION.

Executive compensation

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 New York.

President
Median to 75th percentile
$104k
$113k

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 6 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC equaled 44% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
44%
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 5%
from 2023

From $110k in 2023 to $104k in 2024.

$110k
2023
$104k
2024
In today's dollarsEst.
Down 8% in real terms$123k to $113k

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 Executive Officer pay fell 5% from 2023 to 2024, while revenue rose 7%.

$110k in 2023 to $104k in 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 MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC

What does the Chief Executive Officer of MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC earn?

In 2024, the Chief Executive Officer of MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC received $104,461 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MAIN-FERRY 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 MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC falls between the median and the 75th percentile. In 2024, the highest total compensation at MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC equaled 44% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC's revenue and expenses?

In 2024, MAIN-FERRY HOUSING DEVELOPMENT FUND COMPANY INC reported $72k in total revenue and $238k in total expenses on its IRS Form 990.

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