NHSRC, THROUGH ITS AFFILIATION WITH ITS PARENT ORGANIZATION, NEIGHBORHOOD HOUSING SERVICES OF CHICAGO (NHS), STRENGTHENS NEIGHBORHOODS AND PROVIDES HIGH-QUALITY, AFFORDABLE HOUSING OPPORTUNITIES FOR LOW- AND MODERATE-INCOME FAMILIES BY REDEVELOPING AND PRESERVING DISTRESSED PROPERTIES THROUGHOUT THE CITY OF CHICAGO. NHSRC BUYS, REHABILITATES AND SELLS SINGLE-FAMILY HOMES, AND WORKS WITH THE HOUSING COURT TO STABILIZE DISTRESSED PROPERTIES IN ORDER TO IMPROVE NEIGHBORHOOD SAFETY AND INCREASE THE AVAILABILITY OF HIGH-QUALITY, AFFORDABLE HOUSING IN TARGETED NEIGHBORHOODS.
Executive compensation
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Illinois.
| Position | Total |
|---|---|
Chief Executive Officer 10th to 25th percentile | $21k $23k |
Chief Credit Officer Officer (Unspecified) | $19k $21k |
Officer Officer (Unspecified) | $10k $11k |
Chief Operating Officer 10th to 25th percentilevs Housing & Shelter peers nationwide | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 11 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at NHS REDEVELOPMENT CORPORATION equaled 4% 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.
Down 24%
from 2022
From $28k in 2022 to $21k in 2023.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 24% from 2022 to 2023, while revenue rose 85%.
- Chief Operating Officer pay rose 3% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NHS REDEVELOPMENT CORPORATION
What does the Chief Executive Officer of NHS REDEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of NHS REDEVELOPMENT CORPORATION received $21,206 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NHS REDEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Illinois, the 2023 pay of the Chief Executive Officer at NHS REDEVELOPMENT CORPORATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at NHS REDEVELOPMENT CORPORATION equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are NHS REDEVELOPMENT CORPORATION's revenue and expenses?
In 2023, NHS REDEVELOPMENT CORPORATION reported $1.9M in total revenue and $473k in total expenses on its IRS Form 990.
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