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Filing year 2023

MONTECEDRO INC

Altadena, California·EIN 27-0707394·3
Total revenue
$2.1M
Total assets
$0
Total expenses
$2.1M
Reported officers
23
Mission

MONTECEDRO, INC. (MCINC) OPERATES HOUSING SPECIALLY DESIGNED FOR OLDER ADULTS MONTECEDRO, WITH ARRANGEMENTS FOR RESIDENTS' HEALTH CARE AND FINANCIAL SECURITY, AND OTHERWISE TO PROMOTE THE INTEREST AND SERVE THE NEEDS OF OLDER ADULTS, PROVIDED THAT SUCH ACTIVITIES ARE CONSISTENT WITH ITS EXEMPT PURPOSES.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2023

Executive Director
$356k
$393k
Base
$240k
Bonus
$68k
Other
$26k
Benefits
$7k
Marketing-sales
highest compensated employee
$212k
$234k
Base
$103k
Bonus
$87k
Other
Benefits
$14k
Marketing-sales
highest compensated employee
$176k
$195k
Base
$103k
Bonus
$54k
Other
$268
Benefits
$12k
Director of Resident Health Services
highest compensated employee
$161k
$178k
Base
$144k
Bonus
$4k
Other
$1k
Benefits
$6k
Director of Environmental Services
highest compensated employee
$153k
$169k
Base
$130k
Bonus
$4k
Other
$384
Benefits
$12k
$53k
$59k
$39k
$43k
VP Human Resources
vice president
$33k
$36k
SVP of Ops & COO
$29k
$32k
VP Sales & Marketing
vice president
$26k
$28k
VP Operations & COO (thru 06/23)
$15k
$16k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Up 6%
from 2022

From $337k in 2022 to $356k in 2023.

$337k
2022
$356k
2023
In today's dollarsEst.
Up 2% in real terms$386k to $393k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MONTECEDRO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.1M
$24.5M
2022
$2.1M
$2.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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