NBFI IS DEDICATED TO ASSISTING FAMILIES AND THOSE IN NEED OF SHELTER OR HOUSING AND TO PROVIDE SERVICES TO THOSE IN NEED.
Executive compensation
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Massachusetts.
| Position | Total |
|---|---|
President, CEO 25th percentile to median | $40k $43k |
Svp-cfo Officer (Unspecified) | $37k $40k |
SVP Social Service Enterprise Senior Vice President 25th percentile to medianvs Housing & Shelter peers nationwide | $33k $35k |
Executive Vp, COO (until 4/25) 25th percentile to median | $28k $30k |
Executive Vp, CFO (until 9/24) 10th to 25th percentile | $22k $23k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at NEW BEGINNINGS FOR FAMILIES INC equaled 15% 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 27%
from 2023
From $32k in 2023 to $40k in 2024.
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.
Chief Executive Officer pay rose 27% from 2023 to 2024, while revenue rose 11%.
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 NEW BEGINNINGS FOR FAMILIES INC
What does the Chief Executive Officer of NEW BEGINNINGS FOR FAMILIES INC earn?
In 2024, the Chief Executive Officer of NEW BEGINNINGS FOR FAMILIES INC received $40,437 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 NEW BEGINNINGS FOR FAMILIES INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at NEW BEGINNINGS FOR FAMILIES INC falls between the 25th percentile and the median. In 2024, the highest total compensation at NEW BEGINNINGS FOR FAMILIES INC equaled 15% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are NEW BEGINNINGS FOR FAMILIES INC's revenue and expenses?
In 2024, NEW BEGINNINGS FOR FAMILIES INC reported $165k in total revenue and $273k in total expenses on its IRS Form 990.
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