MCKINNEY RHF HOUSING, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TEXAS. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 46 UNIT PROJECT KNOWN AS TOWNE CREEK APARTMENTS LOCATED IN MCKINNEY, TEXAS, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. DURING THE YEAR ENDED NOVEMBER 30, 2015, THE ORIGINAL MORTGAGE WAS REFINANCED UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED.
Executive compensation
Form 990 · Part VII & Schedule J · 27 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in California.
| Position | Total |
|---|---|
President/ceo 25th percentile to median | $68k |
Executive VP Gen Counsel 10th to 25th percentile | $49k |
VP Philanthropy/cso Board Vice President 25th percentile to median | $49k |
VP Development Finance Board Vice President 10th to 25th percentile | $49k |
VP Human Resources Board Vice President 10th to 25th percentile | $47k |
VP Health Care Operations Board Vice President 10th to 25th percentile | $41k |
VP Housing Operations Board Vice President 10th to 25th percentile | $41k |
VP Treasury & Invstmt Off Board Vice President 10th to 25th percentile | $37k |
CFO and VP of Finance 10th to 25th percentile | $25k |
VP Occupancy & Tax Credit Board Vice President 10th to 25th percentile | $24k |
VP Acquis and Proj Dev Board Vice President 10th to 25th percentile | $22k |
Controller 10th to 25th percentile | $20k |
Compl and Privacy Officer Key Employee 10th to 25th percentile | $19k |
VP Risk Management Board Vice President 10th to 25th percentile | $19k |
VP of Communications Board Vice President 10th to 25th percentile | $19k |
Director of Corp Records 25th percentile to median | $19k |
Acct Manager Exempt Highest Compensated Employee 10th to 25th percentile | $18k |
Devel Accounting Dir Highest Compensated Employee Below 10th percentile | $18k |
Acct Manager Exempt Highest Compensated Employee Below 10th percentile | $17k |
VP Housing Accounting Board Vice President 10th to 25th percentile | $16k |
Accounting Lead Sr. Highest Compensated Employee Below 10th percentile | $16k |
Internal Audit Director Key Employee Below 10th percentile | $6k |
Budget & Analytics Dir Key Employee Below 10th percentile | $5k |
Info Systems Director Key Employee Below 10th percentile | $5k |
Dir of Afford Housing Ops Key Employee Below 10th percentile | $5k |
Reg'l Manager Health Care Key Employee Below 10th percentile | $5k |
Nurse Trainer Exempt Key Employee Below 10th percentile | $4k |
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MCKINNEY RHF HOUSING INC equaled 11% 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 8%
from 2022
From $74k in 2022 to $68k in 2023.
Chief Executive Officer pay fell 8% from 2022 to 2023, while revenue rose 6%.
- Executive Vice President pay rose 14% from 2022 to 2023.
- Board Vice President pay rose 16% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MCKINNEY RHF HOUSING INC
What does the Chief Executive Officer of MCKINNEY RHF HOUSING INC earn?
In 2023, the Chief Executive Officer of MCKINNEY RHF HOUSING INC received $68,128 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in California, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MCKINNEY RHF HOUSING INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in California, the 2023 pay of the Chief Executive Officer at MCKINNEY RHF HOUSING INC falls between the 25th percentile and the median. In 2023, the highest total compensation at MCKINNEY RHF HOUSING INC equaled 11% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are MCKINNEY RHF HOUSING INC's revenue and expenses?
In 2023, MCKINNEY RHF HOUSING INC reported $576k in total revenue and $603k in total expenses on its IRS Form 990.
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