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Filing year 2023

PASSAGE HOME INC

Raleigh, North Carolina·EIN 56-1765360·NTEE L99Z · Housing & Shelter·501(c)(3)
Total revenue
$4.4M
Total assets
$10.4M
Total expenses
$4.9M
Reported officers
21
Mission

TO BREAK THE CYCLE OF POVERTY AND CREATE MULTI-GENERATIONAL SELF-SUFFICIENCY FOR THE INDIVIDUALS AND FAMILIES OF WAKE COUNTY BY HELPING THEM ACHIEVE HOUSING AND INCOME SECURITY.

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 Housing & Shelter organizations in North Carolina.

CEO (thru 9/8/23)
Median to 75th percentile
$108k
$118k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PASSAGE HOME INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
2%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 20%
from 2022

From $135k in 2022 to $108k in 2023.

$135k
2022
$108k
2023
In today's dollarsEst.
Down 23% in real terms$154k to $118k

Estimated with BLS CPI-U for the South 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 fell 20% from 2022 to 2023, while revenue fell 5%.

$135k in 2022 to $108k 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 PASSAGE HOME INC

What does the Chief Executive Officer of PASSAGE HOME INC earn?

In 2023, the Chief Executive Officer of PASSAGE HOME INC received $108,091 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in North Carolina, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PASSAGE HOME INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in North Carolina, the 2023 pay of the Chief Executive Officer at PASSAGE HOME INC falls between the median and the 75th percentile. In 2023, the highest total compensation at PASSAGE HOME INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are PASSAGE HOME INC's revenue and expenses?

In 2023, PASSAGE HOME INC reported $4.4M in total revenue and $4.9M in total expenses on its IRS Form 990.

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