SEE SCHEDULE OPARK HOUSING DEVELOPMENT FUND HOUSING IS A 94 UNIT APARTMENT RESIDENCE WHICH PARTICIPATES IN THE UNITED STATES HOUSING AND URBAN DEVELOPMENT SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM WHICH IS THE ONLY FEDERALLY FUNDED HOUSING PROGRAM DESIGNED SPECIFICALLY FOR OLDER PERSONS. ELIGIBILITY FOR RESIDENCE IS RESTRICTED USUALLY TO PERSONS WHO ARE AT LEAST 62 YEARS OF AGE AND HAVE INCOMES BELOW 50 PERCENT OF THEIR AREA'S MEDIAN INCOME. APARTMENTS HAVE SPECIAL FEATURES SUCH AS GRAB BARS, AND RAMPS TO HELP OLDER PERSONS REMAIN SAFER AND MORE INDEPENDENT AS THEY AGE. PARK HOUSING DEVELOPMENT FUND COMPANY'S GOAL IS TO PROVIDE AFFORDABLE HOUSING TO THE LOW INCOME, ELDERLY AND DISABLED POPULATION OF THE COMMUNITY.
Executive compensation
Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations nationwide.
| Position | Total |
|---|---|
President/ceo 75th to 90th percentilevs Recreation & Sports peers in New York | $221k $238k |
CFO Median to 75th percentile | $121k $131k |
VP of Operations Board Vice President Median to 75th percentile | $58k $62k |
Chief Compliance Officer Key Employee 25th percentile to median | $55k $60k |
Chief HR Officer Key Employee 25th percentile to median | $55k $59k |
VP of Performance Improvement Board Vice President Median to 75th percentile | $53k $58k |
Strategic Initiatives Thru Dec 2024 Highest Compensated Employee Below 10th percentilevs Recreation & Sports peers in New York | $46k $50k |
VP of Quality Board Vice President Median to 75th percentile | $43k $47k |
VP of Business Development Board Vice President Median to 75th percentile | $14k $15k |
Exec. Vp, CSO Thru June 2024 Vice President 25th percentile to median | $9k $10k |
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 10 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at PARK HOUSING DEVELOPMENT FUND COMPANY INC equaled 13% of the organization's total expenses. The median for recreation & sports organizations is 8%.
Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.
Top compensation, year by year
From $47k in 2023 to $221k in 2024.
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.
Chief Executive Officer pay rose 368% from 2023 to 2024, while revenue fell 7%.
- Chief Financial Officer pay rose 195% from 2023 to 2024.
- Board Vice President pay rose 34% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about PARK HOUSING DEVELOPMENT FUND COMPANY INC
What does the Chief Executive Officer of PARK HOUSING DEVELOPMENT FUND COMPANY INC earn?
In 2024, the Chief Executive Officer of PARK HOUSING DEVELOPMENT FUND COMPANY INC received $220,562 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Recreation & Sports organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at PARK HOUSING DEVELOPMENT FUND COMPANY INC compare with similar nonprofits?
Compared with the same role at Recreation & Sports organizations in New York, the 2024 pay of the Chief Executive Officer at PARK HOUSING DEVELOPMENT FUND COMPANY INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at PARK HOUSING DEVELOPMENT FUND COMPANY INC equaled 13% of the organization's total expenses. The median for recreation & sports organizations is 8%.
What are PARK HOUSING DEVELOPMENT FUND COMPANY INC's revenue and expenses?
In 2024, PARK HOUSING DEVELOPMENT FUND COMPANY INC reported $1.1M in total revenue and $1.7M in total expenses on its IRS Form 990.
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