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Filing year 2023

NEW YORK FOUNDATION FOR SENIOR CITIZENS INC

New York, New York·EIN 13-2618568·NTEE P810 · Human Services·501(c)(3)
Total revenue
$14.4M
Total assets
$46.3M
Total expenses
$12.9M
Reported officers
39
Mission

NEW YORK FOUNDATION FOR SENIOR CITIZENS IS DEDICATED TO HELPING NEW YORK'S SENIORS ENJOY HEALTHIER, SAFER, MORE PRODUCTIVE, AND DIGNIFIED LIVES IN THEIR OWN HOMES AND COMMUNITIES AND TO HELP THEM AVOID THE NEED FOR PREMATURE INSTITUTIONALIZATION. ESTABLISHED IN 1968, THE FOUNDATION IS THE ONLY NON-PROFIT, NON-SECTARIAN ORGANIZATION SERVING NEW YORK'S SENIORS IN ALL FIVE BOROUGHS. OVER THE PAST FOUR DECADES, THE AGENCY HAS GROWN FROM TWO EMPLOYEES AND NO FUNDS FOR THE PROVISION OF DIRECT SOCIAL SERVICES TO NEW YORK CITY'S ONLY NON-PROFIT, NON-SECTARIAN AGENCY, WITH OVER 1,200 EMPLOYEES. THE FOUNDATION NOW PROVIDES OVER 800 UNITS OF HOUSING AND 35 PROFESSIONALLY ADMINISTERED SOCIAL SERVICE PROGRAMS FOR TENS OF THOUSANDS OF ELDERLY NEW YORKERS CITY-WIDE ANNUALLY. THESE INNOVATIVE PROJECTS SERVE AS MODELS FOR THE DEVELOPMENT OF SIMILAR SERVICES FOR THE ELDERLY THROUGHOUT THE WORLD. WE'RE ALWAYS EAGER TO UNDERTAKE INNOVATIVE PROGRAMS THAT BENEFIT THE SENIOR POPULATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations in New York.

President
Above 90th percentile
$603k
$677k
Base
$448k
Bonus
$68k
Other
$52k
Benefits
$29k
Financial Officer/asst. Treasurer
Above 90th percentile
$283k
$318k
Base
$234k
Bonus
$14k
Other
Benefits
$30k
Director of Programs, Ltc
Highest Compensated Employee
75th to 90th percentile
$261k
$293k
Base
$222k
Bonus
$10k
Other
Benefits
$27k
Director of Programs
Highest Compensated Employee
Median to 75th percentile
$217k
$244k
Base
$196k
Bonus
$10k
Other
Benefits
$9k
Controller
75th to 90th percentile
$186k
$208k
Base
$161k
Bonus
$10k
Other
Benefits
$12k
Chief of Staff
Highest Compensated Employee
Median to 75th percentile
$167k
$188k
Base
$135k
Bonus
$20k
Other
Benefits
$9k
Asst. Controller
Controller
25th percentile to median
$135k
$152k
Base
$107k
Bonus
Other
Benefits
$21k
Vice President
25th percentile to median
$76k
$85k
Base
$49k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 31 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEW YORK FOUNDATION FOR SENIOR CITIZENS INC equaled 5% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
5%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 3%
from 2022

From $621k in 2022 to $603k in 2023.

$621k
2022
$603k
2023
In today's dollarsEst.
Down 7% in real terms$724k to $677k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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 3% from 2022 to 2023, while revenue rose 1%.

$621k in 2022 to $603k in 2023.
  • Chief Financial Officer pay held roughly steady from 2022 to 2023.
  • Highest Compensated Employee pay rose 1% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 YORK FOUNDATION FOR SENIOR CITIZENS INC

What does the Chief Executive Officer of NEW YORK FOUNDATION FOR SENIOR CITIZENS INC earn?

In 2023, the Chief Executive Officer of NEW YORK FOUNDATION FOR SENIOR CITIZENS INC received $602,952 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW YORK FOUNDATION FOR SENIOR CITIZENS INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in New York, the 2023 pay of the Chief Executive Officer at NEW YORK FOUNDATION FOR SENIOR CITIZENS INC falls in the top 10%. In 2023, the highest total compensation at NEW YORK FOUNDATION FOR SENIOR CITIZENS INC equaled 5% of the organization's total expenses. The median for human services organizations is 8%.

What are NEW YORK FOUNDATION FOR SENIOR CITIZENS INC's revenue and expenses?

In 2023, NEW YORK FOUNDATION FOR SENIOR CITIZENS INC reported $14.4M in total revenue and $12.9M in total expenses on its IRS Form 990.

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