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Filing year 2024

NEWTON HOUSING DEVELOPMENT CORPORATION

Newton, Iowa·EIN 42-1366201·NTEE L25 · Housing & Shelter·501(c)(3)
Total revenue
$143k
Total assets
$3.3M
Total expenses
$74k
Reported officers
17
Mission

INCREASE THE QUANTITY AND QUALITY OF HOUSING IN NEWTON, IOWA

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 nationwide.

Director
Board Member
25th percentile to median
$25k
$27k

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 16 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEWTON HOUSING DEVELOPMENT CORPORATION equaled 34% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
34%
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 46%
from 2023

From $46k in 2023 to $25k in 2024.

$46k
2023
$25k
2024
In today's dollarsEst.
Down 47% in real terms$51k to $27k

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

Board Member pay fell 46% from 2023 to 2024, while revenue rose 38%.

$46k in 2023 to $25k 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 NEWTON HOUSING DEVELOPMENT CORPORATION

What does the Board Member of NEWTON HOUSING DEVELOPMENT CORPORATION earn?

In 2024, the Board Member of NEWTON HOUSING DEVELOPMENT CORPORATION received $25,000 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Housing & Shelter organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at NEWTON HOUSING DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Board Member at NEWTON HOUSING DEVELOPMENT CORPORATION falls between the 25th percentile and the median. In 2024, the highest total compensation at NEWTON HOUSING DEVELOPMENT CORPORATION equaled 34% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are NEWTON HOUSING DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, NEWTON HOUSING DEVELOPMENT CORPORATION reported $143k in total revenue and $74k in total expenses on its IRS Form 990.

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