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Filing year 2023

NEIGHBORHOOD HOUSING FINANCE CORPORATION

Quincy, Massachusetts·EIN 45-5094294·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$356k
Total assets
$13.4M
Total expenses
$394k
Reported officers
8
Mission

TO HELP LOW TO MODERATE INCOME INDIVIDUALS AND SMALL BUSINESS OWNERS THROUGHOUT THE SOUTHERN MASS AREA OF GREATER BOSTON AND COMMUNITIES WITHIN THE NORFOLK, BRISTOL AND PLYMOUTH COUNTIES HAVE ACCESS TO SAFE AND AFFORDABLE PLACES TO LIVE AND WORK THROUGH OUR RESPONSIBLE LENDING PRODUCTS, SUCH AS AFFORDABLE HOUSING PREDEVELOPMENT LOANS, SMALL BUSINESS LOANS, FTHB ASSISTANCE, HOME MODIFICATION LOANS AND LEAD ABATEMENT LOANS.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Chief Executive Officer
25th percentile to median
$40k
$44k
Chief Financial Officer
10th to 25th percentile
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEIGHBORHOOD HOUSING FINANCE CORPORATION equaled 10% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
10%
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.

Down 2%
from 2022

From $40k in 2022 to $40k in 2023.

$40k
2022
$40k
2023
In today's dollarsEst.
Down 5% in real terms$46k to $44k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 2% from 2022 to 2023, while revenue fell 80%.

$40k in 2022 to $40k in 2023.
  • Chief Financial Officer pay fell 70% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about NEIGHBORHOOD HOUSING FINANCE CORPORATION

What does the Chief Executive Officer of NEIGHBORHOOD HOUSING FINANCE CORPORATION earn?

In 2023, the Chief Executive Officer of NEIGHBORHOOD HOUSING FINANCE CORPORATION received $39,656 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEIGHBORHOOD HOUSING FINANCE CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at NEIGHBORHOOD HOUSING FINANCE CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at NEIGHBORHOOD HOUSING FINANCE CORPORATION equaled 10% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are NEIGHBORHOOD HOUSING FINANCE CORPORATION's revenue and expenses?

In 2023, NEIGHBORHOOD HOUSING FINANCE CORPORATION reported $356k in total revenue and $394k in total expenses on its IRS Form 990.

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