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Filing year 2023

NEW DIRECTIONS HOUSING CORPORATION

Louisville, Kentucky·EIN 61-0715630·501(c)(3)
Total revenue
$17.1M
Total assets
$38.3M
Total expenses
$14M
Reported officers
29
Mission

NEW DIRECTIONS HOUSING CORPORATION DEVELOPS AND MAINTAINS AFFORDABLE HOUSING AND HELPS TO CREATE VITAL COMMUNITIES IN PARTNERSHIP WITH NEIGHBORS AND OTHER STAKEHOLDERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
75th to 90th percentile
$193k
$210k
Base
$187k
Bonus
Other
Benefits
COO
Median to 75th percentile
$163k
$179k
Base
$152k
Bonus
Other
Benefits
$7k
Cro
Officer (Unspecified)
$154k
$168k
Base
$147k
Bonus
Other
Benefits
$7k
Cdo
25th percentile to median
$129k
$140k
CFO
Median to 75th percentile
$121k
$132k
CIO
Chief Information Officer
10th to 25th percentile
$108k
$118k
CSO
Officer (Unspecified)
$33k
$36k

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 22 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $191k in 2022 to $193k in 2023.

$191k
2022
$193k
2023
In today's dollarsEst.
Down 3% in real terms$218k to $210k

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.

Pay for the position

Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue fell 19%.

$191k in 2022 to $193k in 2023.
  • Chief Operating Officer pay fell 3% from 2022 to 2023.
  • Chief Development Officer pay rose 16% 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.
Financial trend

Revenue and expenses over time

NEW DIRECTIONS HOUSING CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$21M
$12.3M
2022
$17.1M
$14M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW DIRECTIONS HOUSING CORPORATION

What does the Chief Executive Officer of NEW DIRECTIONS HOUSING CORPORATION earn?

In 2023, the Chief Executive Officer of NEW DIRECTIONS HOUSING CORPORATION received $192,645 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW DIRECTIONS HOUSING CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NEW DIRECTIONS HOUSING CORPORATION falls between the 75th and 90th percentiles.

What are NEW DIRECTIONS HOUSING CORPORATION's revenue and expenses?

In 2023, NEW DIRECTIONS HOUSING CORPORATION reported $17.1M in total revenue and $14M in total expenses on its IRS Form 990.

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