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Filing year 2024

PARKER AT SOMERSET INC

Piscataway, New Jersey·EIN 47-1944928·NTEE E24 · Health Care·501(c)(3)
Total revenue
$15.5M
Total assets
$60.9M
Total expenses
$31.5M
Reported officers
26
Mission

PARKER AT SOMERSET ADHERES TO THE MISSION OF ITS AFFILIATE, THE PARKER HEALTH GROUP, INC.: THE ORGANIZATION PROVIDES TRANSFORMATIVE AND CHARITABLE LONG-TERM CARE SERVICES IN HOME-LIKE SETTINGS WHILE ADVANCING LEARNING OPPORTUNITIES FOR NURSES, HEALTH CARE PROFESSIONALS, AND CAREGIVERS.

Executive compensation, broken down

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 Health Care organizations in New Jersey.

Registered Nurse
Highest Compensated Employee
Median to 75th percentile
$252k
$273k
Base
$227k
Bonus
$2k
Other
$636
Benefits
$5k
Licensed Nursing Home Administrator
Key Employee
25th percentile to medianvs Health Care peers nationwide
$238k
$258k
Base
$193k
Bonus
$19k
Other
$557
Benefits
$10k
Charge Nurse
Highest Compensated Employee
25th percentile to median
$194k
$209k
Base
$175k
Bonus
$2k
Other
$487
Benefits
$3k
Director of Nursing (util Dec 2024)
Key Employee
25th percentile to medianvs Health Care peers nationwide
$183k
$198k
Base
$162k
Bonus
$6k
Other
$449
Benefits
$2k
Assistant Administrator
Key Employee
25th percentile to medianvs Health Care peers nationwide
$181k
$196k
Base
$144k
Bonus
$14k
Other
$425
Benefits
$12k
Registered Nurse
Highest Compensated Employee
25th percentile to median
$177k
$192k
Base
$155k
Bonus
$2k
Other
$446
Benefits
$8k
Registered Nurse
Highest Compensated Employee
25th percentile to median
$172k
$186k
Base
$151k
Bonus
$2k
Other
$433
Benefits
$7k
Registered Nurse
Highest Compensated Employee
25th percentile to median
$171k
$185k
Base
$156k
Bonus
$2k
Other
$429
Benefits
$422
President/ceo
25th percentile to median
$70k
$75k
CFO
10th to 25th percentile
$31k
$33k

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 16 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PARKER AT SOMERSET INC equaled 0.8% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.8%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,518 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 13%
from 2023

From $223k in 2023 to $252k in 2024.

$223k
2023
$252k
2024
In today's dollarsEst.
Up 9% in real terms$251k to $273k

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.

Pay for the position

Highest Compensated Employee pay rose 31% from 2023 to 2024, while revenue rose 39%.

$192k in 2023 to $252k in 2024.
  • Key Employee pay rose 7% from 2023 to 2024.
  • Chief Executive Officer pay rose 25% from 2023 to 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 PARKER AT SOMERSET INC

What does the Highest Compensated Employee of PARKER AT SOMERSET INC earn?

In 2024, the Highest Compensated Employee of PARKER AT SOMERSET INC received $252,097 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Health Care organizations in New Jersey, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at PARKER AT SOMERSET INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in New Jersey, the 2024 pay of the Highest Compensated Employee at PARKER AT SOMERSET INC falls between the median and the 75th percentile. In 2024, the highest total compensation at PARKER AT SOMERSET INC equaled 0.8% of the organization's total expenses. The median for health care organizations is 4%.

What are PARKER AT SOMERSET INC's revenue and expenses?

In 2024, PARKER AT SOMERSET INC reported $15.5M in total revenue and $31.5M in total expenses on its IRS Form 990.

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