THE ORGANIZATION WAS FORMED TO PROVIDE HOUSING FOR HOMELESS, LOW INCOME AND AGED PEOPLE IN THE NEW YORK CITY METROPOLITAN AREA.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.
| Position | Total |
|---|---|
Vice President 25th percentile to median | $75k $85k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 6 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at Palace Renaissance Inc equaled 28% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 23%
from 2022
From $61k in 2022 to $75k in 2023.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Vice President pay rose 23% from 2022 to 2023, while revenue fell 4%.
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 Palace Renaissance Inc
What does the Vice President of Palace Renaissance Inc earn?
In 2023, the Vice President of Palace Renaissance Inc received $75,389 in total compensation. This pay is below the median (the midpoint) for Vice President roles among Community Improvement & Capacity Building organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Vice President pay at Palace Renaissance Inc compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Vice President at Palace Renaissance Inc falls between the 25th percentile and the median. In 2023, the highest total compensation at Palace Renaissance Inc equaled 28% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are Palace Renaissance Inc's revenue and expenses?
In 2023, Palace Renaissance Inc reported $204k in total revenue and $273k in total expenses on its IRS Form 990.
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