CREATE LOW INCOME HOUSING THROUGH THE ACQUISITION OF PROPERTY FOR DEVELOPMENT AND OPERATION OF MULTI-INCOME HOUSING PROJECTS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $24k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 25th percentile to medianvs Housing & Shelter peers in Kentucky | $24k | — | — | — | $44k $47k |
Treasurer 25th percentile to median | — | — | — | — | $24k $26k |
Secretary Secretary (Operational) 25th percentile to median | — | — | — | — | $24k $25k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at NEWPORT MILLENNIUM HOUSING CORPORATION III equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 5%
from 2023
From $42k in 2023 to $44k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue fell 43%.
- Chief Financial Officer pay rose 3% from 2023 to 2024.
- Secretary (Operational) pay rose 10% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NEWPORT MILLENNIUM HOUSING CORPORATION III
What does the Chief Executive Officer of NEWPORT MILLENNIUM HOUSING CORPORATION III earn?
In 2024, the Chief Executive Officer of NEWPORT MILLENNIUM HOUSING CORPORATION III received $44,407 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Kentucky, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NEWPORT MILLENNIUM HOUSING CORPORATION III compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Kentucky, the 2024 pay of the Chief Executive Officer at NEWPORT MILLENNIUM HOUSING CORPORATION III falls between the 25th percentile and the median. In 2024, the highest total compensation at NEWPORT MILLENNIUM HOUSING CORPORATION III equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are NEWPORT MILLENNIUM HOUSING CORPORATION III's revenue and expenses?
In 2024, NEWPORT MILLENNIUM HOUSING CORPORATION III reported $614k in total revenue and $535k in total expenses on its IRS Form 990.
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