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Filing year 2024

NEW HILL DEVELOPMENT CORPORATION

Charlottesville, Virginia·EIN 83-1107639·NTEE P80 · Human Services·3
Total revenue
$2.1M
Total assets
$3.8M
Total expenses
$916k
Reported officers
16
Mission

To expand economic opportunities to grow wealth and home ownership in the Charlottesville Black community through financial coaching, entrepreneurial support, economic development and asset building.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$91k
$97k

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 15 unpaid individuals.

Browse compensation in Human Services

Up 19%
from 2023

From $77k in 2023 to $91k in 2024.

$77k
2023
$91k
2024
In today's dollarsEst.
Up 15% in real terms$84k to $97k

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.

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

Revenue and expenses over time

NEW HILL DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$490k
$581k
2023
$2.1M
$916k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in Virginia

Comparable human services organizations in Virginia pay their highest-earning executive a median of $76,892.

25th percentile
$35k
Median
$76,892
75th percentile
$119k
90th percentile
$179k

These are human services sector-wide figures, not this organization's reported pay. Based on 186 organizations across 186 filings (2021 – 2023).

See full Human Services pay data for Virginia
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