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Filing year 2023

OLD COLONY REVITALIZATION CORPORATION

Boston, Massachusetts·EIN 37-1610605·NTEE L19 · Housing & Shelter·501(c)(3)
Total revenue
$413k
Total assets
$4.4M
Total expenses
$4k
Reported officers
4
Mission

TO ENGAGE AND ASSIST IN THE DEVELOPMENT, REDEVELOPMENT, FINANCING, OPERATION, AND MANAGEMENT RELATED TO THE REVITALIZATION OF THE OLD COLONY PUBLIC HOUSING DEVELOPMENT AND THE NEIGHBORHOOD SURROUNDING IT LOCATED IN BOSTON, MASSACHUSETTS.

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 Massachusetts.

Treasurer
Officer (Unspecified)
$34k
$37k
President Until 8/4/2023
25th percentile to median
$28k
$31k
Clerk
Officer (Unspecified)
$14k
$15k
President
Below 10th percentile
$7k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at OLD COLONY REVITALIZATION CORPORATION equaled 810% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
810%
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 3%
from 2022

From $35k in 2022 to $34k in 2023.

$35k
2022
$34k
2023
In today's dollarsEst.
Down 7% in real terms$40k to $37k

Estimated with Boston-Cambridge-Newton, MA-NH 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 21% from 2022 to 2023, while revenue rose 123%.

$35k in 2022 to $28k in 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 OLD COLONY REVITALIZATION CORPORATION

What does the Chief Executive Officer of OLD COLONY REVITALIZATION CORPORATION earn?

In 2023, the Chief Executive Officer of OLD COLONY REVITALIZATION CORPORATION received $27,754 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OLD COLONY REVITALIZATION CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at OLD COLONY REVITALIZATION CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at OLD COLONY REVITALIZATION CORPORATION equaled 810% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are OLD COLONY REVITALIZATION CORPORATION's revenue and expenses?

In 2023, OLD COLONY REVITALIZATION CORPORATION reported $413k in total revenue and $4k in total expenses on its IRS Form 990.

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