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Filing year 2024

NEW WATER STREET CORP

New York, New York·EIN 51-0292269·501(c)(25)
Total revenue
$180.5M
Total assets
$798.7M
Total expenses
$125.1M
Reported officers
14
Mission

THE ORGANIZATION OWNS AND LEASES AN OFFICE BUILDING. THE NET PROFITS ARE DISTRIBUTED FOR THE BENEFIT OF A QUALIFIED PENSION FUND OF THE STATE OF ALABAMA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

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

Executive Vice-president,
Above 90th percentile
$472k
$510k
Base
$434k
Bonus
Other
Benefits
$24k
Chief Financial Officer
Above 90th percentile
$392k
$424k
Base
$346k
Bonus
Other
Benefits
$35k
Vice President of Construc
Board Vice President
75th to 90th percentile
$260k
$281k
Base
$227k
Bonus
Other
Benefits
$24k
Sr Project Manager II
Project Manager
Above 90th percentile
$239k
$258k
Base
$207k
Bonus
Other
Benefits
$24k
Chief Engineer
Key Employee
Median to 75th percentile
$237k
$256k
Base
$237k
Bonus
Other
Benefits
Vice-president of Operatio
75th to 90th percentile
$237k
$256k
Base
$227k
Bonus
Other
Benefits
$3k
Sr Project Manager I
Project Manager
Above 90th percentile
$231k
$249k
Base
$210k
Bonus
Other
Benefits
$13k
Controller
Above 90th percentile
$222k
$240k
Base
$202k
Bonus
Other
Benefits
$12k

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 6 unpaid individuals.

Up 7%
from 2023

From $443k in 2023 to $472k in 2024.

$443k
2023
$472k
2024
In today's dollarsEst.
Up 3% in real terms$495k to $510k

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 7% from 2023 to 2024, while revenue fell 2%.

$443k in 2023 to $472k in 2024.
  • Chief Financial Officer pay rose 4% from 2023 to 2024.
  • Board Vice President pay rose 5% from 2023 to 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 WATER STREET CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$184.4M
$124.6M
2023
$180.5M
$125.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW WATER STREET CORP

What does the Chief Executive Officer of NEW WATER STREET CORP earn?

In 2024, the Chief Executive Officer of NEW WATER STREET CORP received $471,934 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 WATER STREET CORP 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 WATER STREET CORP falls in the top 10%.

What are NEW WATER STREET CORP's revenue and expenses?

In 2024, NEW WATER STREET CORP reported $180.5M in total revenue and $125.1M in total expenses on its IRS Form 990.

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