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Filing year 2023

MONTECEDRO INC

Altadena, California·EIN 27-0707394·501(c)(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 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Above 90th percentile
$356k
Base
$240k
Bonus
$68k
Other
$26k
Benefits
$7k
Marketing-sales
Highest Compensated Employee
Median to 75th percentile
$212k
Base
$103k
Bonus
$87k
Other
—
Benefits
$14k
Marketing-sales
Highest Compensated Employee
Median to 75th percentile
$176k
Base
$103k
Bonus
$54k
Other
$268
Benefits
$12k
Director of Resident Health Services
Highest Compensated Employee
25th percentile to median
$161k
Base
$144k
Bonus
$4k
Other
$1k
Benefits
$6k
Director of Environmental Services
Highest Compensated Employee
25th percentile to median
$153k
Base
$130k
Bonus
$4k
Other
$384
Benefits
$12k
President & CEO
25th percentile to median
$53k
EVP & CFO
10th to 25th percentile
$39k
VP Human Resources
Vice President
25th percentile to median
$33k
SVP of Ops & COO
10th to 25th percentile
$29k
VP Sales & Marketing
Vice President
25th percentile to median
$26k
VP Operations & COO (thru 06/23)
Below 10th percentile
$15k

Plus 12 unpaid individuals.

Up 6%
from 2022

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

$337k
2022
$356k
2023
Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue fell 91%.

$337k in 2022 to $356k in 2023.
  • Highest Compensated Employee pay fell 17% from 2022 to 2023.
  • 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.

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.
FAQ

Common questions about MONTECEDRO INC

What does the Chief Executive Officer of MONTECEDRO INC earn?

In 2023, the Chief Executive Officer of MONTECEDRO INC received $356,087 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MONTECEDRO INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MONTECEDRO INC falls in the top 10%.

What are MONTECEDRO INC's revenue and expenses?

In 2023, MONTECEDRO INC reported $2.1M in total revenue and $2.1M in total expenses on its IRS Form 990.

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