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Filing year 2024

New Lima-Housing for the Future

Lima, Ohio·EIN 34-1958570·NTEE L80 · Housing & Shelter·501(c)(3)
Total revenue
$405k
Total assets
$4.4M
Total expenses
$424k
Reported officers
6
Mission

To provide housing opportunities and assistance for all low and moderate-income residents through a comprehensive program of financial assistance and education. New Lima Housing for the Future works with the City of Lima, Allen County, Ohio and Lima City Schools in an effort to further develop school sites within the CDBG target areas. Efforts within the low and moderate-income community is its focus: cooperation, communication and collaboration, its means.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
Median to 75th percentile
$73k
$78k

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.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at New Lima-Housing for the Future equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
17%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 10%
from 2023

From $80k in 2023 to $73k in 2024.

$80k
2023
$73k
2024
In today's dollarsEst.
Down 12% in real terms$89k to $78k

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.

Pay for the position

Chief Executive Officer pay fell 10% from 2023 to 2024, while revenue fell 68%.

$80k in 2023 to $73k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

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

FAQ

Common questions about New Lima-Housing for the Future

What does the Chief Executive Officer of New Lima-Housing for the Future earn?

In 2024, the Chief Executive Officer of New Lima-Housing for the Future received $72,613 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Ohio, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at New Lima-Housing for the Future compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Ohio, the 2024 pay of the Chief Executive Officer at New Lima-Housing for the Future falls between the median and the 75th percentile. In 2024, the highest total compensation at New Lima-Housing for the Future equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are New Lima-Housing for the Future's revenue and expenses?

In 2024, New Lima-Housing for the Future reported $405k in total revenue and $424k in total expenses on its IRS Form 990.

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