MQVN COMMUNITY DEVELOPMENT CORPORATION'S (MQVN-CDC) MISSION IS TO PRESERVE AND PROMOTE A UNIQUE DIVERSITY AND IMPROVEMENT OF THE LIVES OF RESIDENTS AND SMALL BUSINESSES IN NEW ORLEANS EAST AND GREATER NEW ORLEANS. WE ARE FOCUSING ON FACILITATING COMMUNITY ACCESS TO SERVICES AND RESOURCES, AND TO PROMOTE AND PROVIDE QUALITY HEALTHCARE AND EDUCATION, AS WELL AS BUSINESS REVITALIZATION AND DEVELOPMENT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $281k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $264k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CMO Officer (Unspecified) | $281k | — | — | — | $281k $307k |
CEO Above 90th percentile | $264k | — | — | — | $264k $289k |
CFO 75th to 90th percentile | — | — | — | — | $143k $157k |
Nurse Practitioner Highest Compensated Employee 25th percentile to median | — | — | — | — | $106k $116k |
Nurse Practitioner Highest Compensated Employee 25th percentile to median | — | — | — | — | $101k $110k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MQVN COMMUNITY DEVELOPMENT CORP 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.
Up 18%
from 2022
From $238k in 2022 to $281k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 15% from 2022 to 2023, while revenue fell 12%.
- Chief Financial Officer pay rose 7% 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 MQVN COMMUNITY DEVELOPMENT CORP INC
What does the Chief Executive Officer of MQVN COMMUNITY DEVELOPMENT CORP INC earn?
In 2023, the Chief Executive Officer of MQVN COMMUNITY DEVELOPMENT CORP INC received $264,266 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MQVN COMMUNITY DEVELOPMENT CORP INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Chief Executive Officer at MQVN COMMUNITY DEVELOPMENT CORP INC falls in the top 10%. In 2023, the highest total compensation at MQVN COMMUNITY DEVELOPMENT CORP INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are MQVN COMMUNITY DEVELOPMENT CORP INC's revenue and expenses?
In 2023, MQVN COMMUNITY DEVELOPMENT CORP INC reported $4.1M in total revenue and $4.3M in total expenses on its IRS Form 990.
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