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Filing year 2023

MVP HOUSING DEVELOPMENT FUND COMPANY INC

Flushing, New York·EIN 13-3760575·NTEE L22 · Housing & Shelter·501(c)(3)
Total revenue
$989k
Total assets
$3.8M
Total expenses
$1.3M
Reported officers
19
Mission

MVP HOUSING DEVELOPMENT FUND COMPANY IS A 66 UNIT APARTMENT RESIDENCE WHICH PARTICIPATES IN THE UNITED STATES HOUSING AND URBAN DEVELOPMENT SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM, WHICH IS THE ONLY FEDERALLY FUNDED HOUSING PROGRAM DESIGNED SPECIFICALLY FOR OLDER PERSONS. ELIGIBILITY FOR RESIDENCE IS RESTRICTED USUALLY TO PERSONS WHO ARE AT LEAST 62 YEARS OF AGE AND HAVE INCOME OF BELOW 50 PERCENT OF THEIR AREA'S MEDIAN INCOME. APARTMENTS HAVE SPECIAL FEATURES SUCH AS GRAB BARS, AND RAMPS TO HELP OLDER PERSONS REMAIN SAFER AND MORE INDEPENDENT AS THEY AGE. MVP HOUSING DEVELOPMENT FUND COMPANY'S GOAL IS TO PROVIDE AFFORDABLE HOUSING TO THE LOW INCOME, ELDERLY AND DISABLED POPULATION OF THE COMMUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

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

President/ceo
25th percentile to medianvs Housing & Shelter peers in New York
$47k
$53k
VP of Operations
Board Vice President
25th percentile to median
$43k
$48k
VP of Strategic Initiatives
Board Vice President
25th percentile to median
$42k
$48k
CFO
Median to 75th percentilevs Housing & Shelter peers in New York
$41k
$46k
Chief Compliance Officer
Key Employee
25th percentile to median
$38k
$42k
VP of Performance Improvement
Board Vice President
25th percentile to median
$36k
$40k
VP of Quality
Board Vice President
25th percentile to median
$31k
$35k
Chief HR Officer
Key Employee
Below 10th percentile
$19k
$21k
VP of Business Development
Board Vice President
10th to 25th percentile
$13k
$14k
Exec. Vp, CSO Thru June 2023
Vice President
Below 10th percentilevs Housing & Shelter peers in New York
$5k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MVP HOUSING DEVELOPMENT FUND COMPANY INC equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
4%
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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MVP HOUSING DEVELOPMENT FUND COMPANY INC

What does the Chief Executive Officer of MVP HOUSING DEVELOPMENT FUND COMPANY INC earn?

In 2023, the Chief Executive Officer of MVP HOUSING DEVELOPMENT FUND COMPANY INC received $47,155 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MVP HOUSING DEVELOPMENT FUND COMPANY INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New York, the 2023 pay of the Chief Executive Officer at MVP HOUSING DEVELOPMENT FUND COMPANY INC falls between the 25th percentile and the median. In 2023, the highest total compensation at MVP HOUSING DEVELOPMENT FUND COMPANY INC equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are MVP HOUSING DEVELOPMENT FUND COMPANY INC's revenue and expenses?

In 2023, MVP HOUSING DEVELOPMENT FUND COMPANY INC reported $989k in total revenue and $1.3M in total expenses on its IRS Form 990.

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