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Filing year 2023

MISSION FIRST HOUSING DEVELOPMENT CORPORATION

Washington, District of Columbia·EIN 27-1824650·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$9.7M
Total assets
$58.3M
Total expenses
$3.7M
Reported officers
7
Mission

MFHDC IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED FOR THE PURPOSE OF DEVELOPING AFFORDABLE, SAFE AND SUSTAINABLE HOUSING FOR PEOPLE IN NEED WITH A FOCUS ON THE VULNERABLE. DEVELOPMENT INCLUDES ACQUISITION, REHABILITATION, PRESERVATION AND NEW CONSTRUCTION ACROSS THE MID-ATLANTIC REGION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Senior Vp, Real Estate Dev
Senior Vice President
75th to 90th percentile
$259k
$284k
Base
$226k
Bonus
$5k
Other
Benefits
$22k
Senior Development Manager
Highest Compensated Employee
10th to 25th percentile
$30k
$32k
Assistant Secretary, VP
Vice President
25th percentile to median
$29k
$32k
Assistant Treasurer, VP
Vice President
25th percentile to median
$28k
$31k
Vice President & COO
10th to 25th percentilevs Housing & Shelter peers in District of Columbia
$28k
$31k
President & CEO
Below 10th percentilevs Housing & Shelter peers in District of Columbia
$9k
$10k
Senior Development Manager
Highest Compensated Employee
Below 10th percentile
$5k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MISSION FIRST HOUSING DEVELOPMENT CORPORATION equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
7%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $257k in 2022 to $259k in 2023.

$257k
2022
$259k
2023
In today's dollarsEst.
Down 2% in real terms$290k to $284k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Senior Vice President pay rose 1% from 2022 to 2023, while revenue fell 2%.

$257k in 2022 to $259k in 2023.
  • Vice President pay rose 1% from 2022 to 2023.
  • Chief Executive 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.

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 MISSION FIRST HOUSING DEVELOPMENT CORPORATION

What does the Senior Vice President of MISSION FIRST HOUSING DEVELOPMENT CORPORATION earn?

In 2023, the Senior Vice President of MISSION FIRST HOUSING DEVELOPMENT CORPORATION received $258,637 in total compensation. This pay is in the top quarter for Senior Vice President roles among Housing & Shelter organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Senior Vice President pay at MISSION FIRST HOUSING DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Senior Vice President at MISSION FIRST HOUSING DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MISSION FIRST HOUSING DEVELOPMENT CORPORATION equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are MISSION FIRST HOUSING DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, MISSION FIRST HOUSING DEVELOPMENT CORPORATION reported $9.7M in total revenue and $3.7M in total expenses on its IRS Form 990.

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