NAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO DEVELOP, ENCOURAGE AND FACILITATE SAFE AND CONTEMPORARY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS IN SUMMIT COUNTY, OHIO. THIS IS ACCOMPLISHED BY WAY OF REHABILITATION OF OLDER HOMES AND, AS NEEDED, CONSTRUCTION OF NEW HOMES FOR RENTAL, HOMEOWNERSHIP OR LEASE/PURCHASE. THE ORGANIZATION HAS STRONG PARTNERSHIPS WITH LOCAL MUNICIPALITIES TO PROVIDE LEAD HAZARD REDUCTION SERVICES WORK PERFORMED INCLUDES ALL MECHANICALS TO MEET CURRENT BUILDING CODE STANDARDS; UPDATING INTERIOR FINISHES; INTERIOR REDESIGNS; LEAD ABATEMENT; ENERGY EFFICIENT FURNACES/ APPLIANCES/ WINDOWS. IN TENDING TO INDIVIDUAL HOUSES AND FAMILIES, THE ORGANIZATION TAKES CARE OF SPECIFIC NEIGHBORHOODS IN THE CITY OF AKRON AND IN THE COUNTY OF SUMMIT. THE ORGANIZATION FURTHER FULFILLS ITS MISSION BY PARTNERING WITH OTHER GROUPS FOR FINANCIAL ASSISTANCE AND VOLUNTEER SUPPORT. THESE GROUPS INCLUDE THE CITY OF AKRON, COUNTY OF SUMM
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Ohio.
| Position | Total |
|---|---|
Executive Di Median to 75th percentile | $61k $66k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest 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 2024, the highest total compensation at NAZARETH HOUSING DEVELOPMENT CORP equaled 11% 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 2%
from 2023
From $60k in 2023 to $61k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue fell 26%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NAZARETH HOUSING DEVELOPMENT CORP
What does the Chief Executive Officer of NAZARETH HOUSING DEVELOPMENT CORP earn?
In 2024, the Chief Executive Officer of NAZARETH HOUSING DEVELOPMENT CORP received $61,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Ohio, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NAZARETH HOUSING DEVELOPMENT CORP compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Ohio, the 2024 pay of the Chief Executive Officer at NAZARETH HOUSING DEVELOPMENT CORP falls between the median and the 75th percentile. In 2024, the highest total compensation at NAZARETH HOUSING DEVELOPMENT CORP equaled 11% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are NAZARETH HOUSING DEVELOPMENT CORP's revenue and expenses?
In 2024, NAZARETH HOUSING DEVELOPMENT CORP reported $376k in total revenue and $543k in total expenses on its IRS Form 990.
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