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Filing year 2024

OMNI DEVELOPMENT CORPORATION

Providence, Rhode Island·EIN 22-2721731·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$4.1M
Total assets
$56.5M
Total expenses
$4M
Reported officers
10
Mission

DEVELOPING LOW INCOME HOUSING FOR INDIVIDUALS AND FAMILIES INCLUDING SENIOR CITIZENS AND VETERANS IN UNDERSERVED COMMUNITIES IN RI, CT AND MA.

Executive compensation, broken down

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.

Executive Director
Above 90th percentile
$220k
$237k
Base
$165k
Bonus
Other
Benefits
$38k

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 9 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at OMNI DEVELOPMENT CORPORATION equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
6%
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.

Up 5%
from 2023

From $210k in 2023 to $220k in 2024.

$210k
2023
$220k
2024
In today's dollarsEst.
Up 1% in real terms$235k to $237k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue fell 9%.

$210k in 2023 to $220k 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 OMNI DEVELOPMENT CORPORATION

What does the Chief Executive Officer of OMNI DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of OMNI DEVELOPMENT CORPORATION received $219,773 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OMNI DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Chief Executive Officer at OMNI DEVELOPMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at OMNI DEVELOPMENT CORPORATION equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are OMNI DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, OMNI DEVELOPMENT CORPORATION reported $4.1M in total revenue and $4M in total expenses on its IRS Form 990.

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