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Filing year 2024

NORFOLK HOUSING DEVELOPMENT FUND COMPANY INC

Norfolk, New York·EIN 16-1340937·NTEE L20Z · Housing & Shelter·3
Total revenue
$202k
Total assets
$437k
Total expenses
$190k
Reported officers
5
Mission

THIS COMPANY HAS BEEN ORGANIZED EXCLUSIVELY, AS ITS SOLE PURPOSE, TO DEVELOP, ON A NOT-FOR-PROFIT BASIS, A 24-UNIT HOUSING PROJECT FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$38k
$41k

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 4 unpaid individuals.

Browse compensation in Housing & Shelter

Held steady
from 2023

From $38k in 2023 to $38k in 2024.

$38k
2023
$38k
2024
In today's dollarsEst.
Down 4% in real terms$43k to $41k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NORFOLK HOUSING DEVELOPMENT FUND COMPANY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$216k
$180k
2023
$202k
$190k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in New York

Comparable housing & shelter organizations in New York pay their highest-earning executive a median of $56,322.

25th percentile
$27k
Median
$56,322
75th percentile
$123k
90th percentile
$209k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 264 organizations across 264 filings (2022 – 2023).

See full Housing & Shelter pay data for New York
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