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.
| Position | Total |
|---|---|
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.
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%.
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.
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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