TO FOSTER, PROMOTE, DEVELOP AND PROVIDE HOUSING THAT IS SAFE, DECENT AND AFFORDABLE TO LOW-INCOME AND MODERATE-INCOME INDIVIDUALS AND FAMILIES IN THE REGION.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $12k
- Bonus
- —
- Other
- $160k
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/president (thru 1/13/23) Former Officer/director/trustee 75th to 90th percentile | $12k | — | $160k | — | $172k $190k |
Ceo/president (eff. 1/14/23) 25th percentile to medianvs Housing & Shelter peers in Indiana | — | — | — | — | $38k $42k |
Secretary Secretary (Operational) 25th percentile to median | — | — | — | — | $22k $24k |
SVP Finance (thru 3/1/24) Senior Vice President 10th to 25th percentile | — | — | — | — | $20k $22k |
Assistant Treasurer 10th to 25th percentile | — | — | — | — | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at NEW HOPE DEVELOPMENT SERVICE INC equaled 12% 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.
Down 51%
from 2022
From $352k in 2022 to $172k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 89% from 2022 to 2023, while revenue rose 1%.
- Secretary (Operational) pay rose 21% from 2022 to 2023.
- Chief Financial Officer pay rose 86% 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.
Common questions about NEW HOPE DEVELOPMENT SERVICE INC
What does the Former Officer/director/trustee of NEW HOPE DEVELOPMENT SERVICE INC earn?
In 2023, the Former Officer/director/trustee of NEW HOPE DEVELOPMENT SERVICE INC received $171,611 in total compensation. This pay is in the top quarter for Former Officer/director/trustee roles among Housing & Shelter organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Former Officer/director/trustee pay at NEW HOPE DEVELOPMENT SERVICE INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Former Officer/director/trustee at NEW HOPE DEVELOPMENT SERVICE INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at NEW HOPE DEVELOPMENT SERVICE INC equaled 12% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are NEW HOPE DEVELOPMENT SERVICE INC's revenue and expenses?
In 2023, NEW HOPE DEVELOPMENT SERVICE INC reported $3.2M in total revenue and $1.4M in total expenses on its IRS Form 990.
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