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Filing year 2024

NEW LIFE FURNITURE BANK

Cincinnati, Ohio·EIN 26-2703774·NTEE P40 · Human Services·3
Total revenue
$3.3M
Total assets
$3.3M
Total expenses
$3.4M
Reported officers
17
Mission

TO PROVIDE GENTLY USED FURNITURE TO PEOPLE IN NEED. NLFB SERVES INDIVIDUALS IN NEED THROUGH A NETWORK OF SOCIAL SERVICE AGENCIES THAT PROVIDE DIRECT SUPPORTIVE SERVICES TO THOSE OVERCOMING HOMELESSNESS, DOMESTIC ABUSE, EXTREME POVERTY, AND/OR OTHER DEVASTATING CIRCUMSTANCES. THESE ARE INDIVIDUALS WHO ARE UNABLE TO PHYSICALLY AND/OR FINANCIALLY SECURE FURNITURE AND HOUSEHOLD ITEMS FOR THEIR HOMES WHEN STARTING OVER.

Executive compensation

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

President and CEO
$150k
$161k

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 16 unpaid individuals.

Browse compensation in Human Services

Held steady
from 2023

From $150k in 2023 to $150k in 2024.

$150k
2023
$150k
2024
In today's dollarsEst.
Down 3% in real terms$166k to $161k

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.

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

Revenue and expenses over time

NEW LIFE FURNITURE BANK reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.9M
$3M
2023
$3.3M
$3.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in Ohio

Comparable human services organizations in Ohio pay their highest-earning executive a median of $67,596.

25th percentile
$35k
Median
$67,596
75th percentile
$127k
90th percentile
$221k

These are human services sector-wide figures, not this organization's reported pay. Based on 243 organizations across 243 filings (2021 – 2023).

See full Human Services pay data for Ohio
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