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Filing year 2024

NEW NEIGHBORHOODS INC

Stamford, Connecticut·EIN 06-0864050·501(c)(3)
Total revenue
$11.1M
Total assets
$35.5M
Total expenses
$11.2M
Reported officers
17
Mission

NEW NEIGHBORHOODS, INC.'S PURPOSE IS TO DEVELOP, REDEVELOP, OWN AND MANAGE QUALITY HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES AND TO WORK TO ASSIST IN THE PLANNING, RE-PLANNING, DEVELOPMENT AND IMPROVEMENT OF LOW AND MODERATE INCOME COMMUNITIES IN CONNECTICUT, WITH A FOCUS ON LOW FAIRFIELD COUNTY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

President/ceo
Above 90th percentile
$378k
$409k
Base
$299k
Bonus
$35k
Other
Benefits
$14k
Operations Director
Median to 75th percentile
$193k
$209k
Base
$175k
Bonus
$8k
Other
Benefits
Financial Director
75th to 90th percentile
$175k
$189k
Base
$155k
Bonus
$8k
Other
Benefits
Human Resources Director
Highest Compensated Employee
25th percentile to median
$149k
$161k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Funded by

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

Up 21%
from 2023

From $313k in 2023 to $378k in 2024.

$313k
2023
$378k
2024
In today's dollarsEst.
Up 17% in real terms$350k to $409k

Estimated with BLS CPI-U for the Northeast 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 21% from 2023 to 2024, while revenue rose 21%.

$313k in 2023 to $378k 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.
Financial trend

Revenue and expenses over time

NEW NEIGHBORHOODS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.2M
$8.7M
2023
$11.1M
$11.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW NEIGHBORHOODS INC

What does the Chief Executive Officer of NEW NEIGHBORHOODS INC earn?

In 2024, the Chief Executive Officer of NEW NEIGHBORHOODS INC received $378,453 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW NEIGHBORHOODS INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NEW NEIGHBORHOODS INC falls in the top 10%.

What are NEW NEIGHBORHOODS INC's revenue and expenses?

In 2024, NEW NEIGHBORHOODS INC reported $11.1M in total revenue and $11.2M in total expenses on its IRS Form 990.

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