NEAR DEVELOPS COMMUNITY BY CREATING GREAT PLACES WITH NEIGHBORS. WE EXPRESS THIS MISSION THROUGH EQUITABLE HOUSING, NEIGHBORHOOD RENEWAL, CREATIVE PLACEMAKING, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL JUSTICE. WE WORK WITH NEIGHBORS AND BRING PEOPLE TOGETHER TO ADDRESS LOCAL QUALITY OF LIFE CHALLENGES.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Indiana.
| Position | Total |
|---|---|
Prior Executive Director Median to 75th percentile | $88k $95k |
Interim Executive Director Director (Operational) Median to 75th percentilevs Housing & Shelter peers nationwide | $77k $83k |
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 15 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at NEAR EAST AREA RENEWAL INC 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 $86k in 2023 to $88k 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 rose 122%.
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 NEAR EAST AREA RENEWAL INC
What does the Chief Executive Officer of NEAR EAST AREA RENEWAL INC earn?
In 2024, the Chief Executive Officer of NEAR EAST AREA RENEWAL INC received $88,371 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NEAR EAST AREA RENEWAL INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Indiana, the 2024 pay of the Chief Executive Officer at NEAR EAST AREA RENEWAL INC falls between the median and the 75th percentile. In 2024, the highest total compensation at NEAR EAST AREA RENEWAL INC equaled 11% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are NEAR EAST AREA RENEWAL INC's revenue and expenses?
In 2024, NEAR EAST AREA RENEWAL INC reported $977k in total revenue and $809k in total expenses on its IRS Form 990.
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