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Filing year 2023

New Century Housing Inc

Blacksburg, Virginia·EIN 31-1788636·NTEE L20 · Housing & Shelter·4
Total revenue
$880k
Total assets
$5.2M
Total expenses
$751k
Reported officers
24
Mission

Housing for Elderly.

Executive compensation

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

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

President and CEO
Below 10th percentilevs Housing & Shelter peers in Virginia
$5k
$6k
CFO
Below 10th percentile
$4k
$4k
VP of Philanthropy
Vice President
Below 10th percentile
$3k
$4k
Director of Network Services
Highest Compensated Employee
Below 10th percentile
$3k
$4k
RN Director
Highest Compensated Employee
Below 10th percentile
$3k
$3k
Director of Nursing
Highest Compensated Employee
Below 10th percentile
$2k
$2k
Showalter Admin
Highest Compensated Employee
Below 10th percentile
$499
$545

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at New Century Housing Inc equaled 0.7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
0.7%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,789 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Executive Officer pay rose 162% from 2022 to 2023, while revenue rose 29%.

$2k in 2022 to $5k in 2023.
  • Chief Financial Officer pay rose 3% from 2022 to 2023.
  • Vice President pay rose 45% from 2022 to 2023.

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

Among peers

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

FAQ

Common questions about New Century Housing Inc

What does the Chief Executive Officer of New Century Housing Inc earn?

In 2023, the Chief Executive Officer of New Century Housing Inc received $5,248 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in Virginia: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at New Century Housing Inc compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Virginia, the 2023 pay of the Chief Executive Officer at New Century Housing Inc falls in the bottom 10%. In 2023, the highest total compensation at New Century Housing Inc equaled 0.7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are New Century Housing Inc's revenue and expenses?

In 2023, New Century Housing Inc reported $880k in total revenue and $751k in total expenses on its IRS Form 990.

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