TO PRESERVE AND EXTEND AFFORDABLE HOUSING IN MICHIGAN THROUGH THE ACQUISITION AND OPERATION OF MULTIFAMILY RESIDENTIAL REAL ESTATE FOR LOW AND VERY LOW-INCOME TENANTS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Michigan.
- Base
- $624k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $463k
- Bonus
- —
- Other
- —
- Benefits
- $24k
- Base
- $310k
- Bonus
- —
- Other
- —
- Benefits
- $19k
- Base
- $169k
- Bonus
- $100k
- Other
- —
- Benefits
- $23k
- Base
- $251k
- Bonus
- —
- Other
- —
- Benefits
- $19k
- Base
- $214k
- Bonus
- —
- Other
- —
- Benefits
- $35k
- Base
- $186k
- Bonus
- —
- Other
- —
- Benefits
- $33k
- Base
- $209k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $624k | — | — | — | $657k $715k |
Chief Financial Officer Above 90th percentilevs Housing & Shelter peers nationwide | $463k | — | — | $24k | $520k $566k |
Chief Operating Officer Above 90th percentilevs Housing & Shelter peers nationwide | $310k | — | — | $19k | $329k $358k |
Controller Above 90th percentilevs Housing & Shelter peers nationwide | $169k | $100k | — | $23k | $309k $336k |
Vice President of Development Board Vice President Above 90th percentilevs Housing & Shelter peers nationwide | $251k | — | — | $19k | $295k $321k |
Chief Architect Highest Compensated Employee Above 90th percentile | $214k | — | — | $35k | $271k $295k |
Director of Asset Management Highest Compensated Employee Above 90th percentile | $186k | — | — | $33k | $238k $259k |
Multifamily Preservation Director Highest Compensated Employee Above 90th percentile | $209k | — | — | — | $230k $250k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 3 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MHT HOUSING INC equaled 7% 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.
Held steady
from 2022
From $657k in 2022 to $657k in 2023.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 62%.
- Chief Financial Officer pay rose 1% from 2022 to 2023.
- Chief Operating Officer pay held roughly steady 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 MHT HOUSING INC
What does the Chief Executive Officer of MHT HOUSING INC earn?
In 2023, the Chief Executive Officer of MHT HOUSING INC received $657,334 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MHT HOUSING INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Michigan, the 2023 pay of the Chief Executive Officer at MHT HOUSING INC falls in the top 10%. In 2023, the highest total compensation at MHT HOUSING INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are MHT HOUSING INC's revenue and expenses?
In 2023, MHT HOUSING INC reported $99.4M in total revenue and $9.9M in total expenses on its IRS Form 990.
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