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Filing year 2023

PathStone Development Corporation

Rochester, New York·EIN 16-1265765·NTEE L200 · Housing & Shelter·501(c)(3)
Total revenue
$1.8M
Total assets
$31.7M
Total expenses
$1.9M
Reported officers
17
Mission

To develop high quality, affordable housing for low and moderate income families; to professionally manage the housing; to assist and encourage residents' participation to ensure that developments offer a satisfying living environment; and to create communities that are assets to residents, the larger community, and to PathStone Development Corporation.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New York.

President
25th percentile to median
$55k
$61k
VP of Property Management
Vice President
10th to 25th percentile
$26k
$29k
Vice President for Finance
Vice President
Below 10th percentile
$16k
$18k
Senior Vice President
10th to 25th percentilevs Housing & Shelter peers nationwide
$16k
$18k
Assistant Secretary
Secretary (Operational)
Below 10th percentilevs Housing & Shelter peers nationwide
$6k
$7k

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 12 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PathStone Development Corporation equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
3%
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.

Up 14%
from 2022

From $48k in 2022 to $55k in 2023.

$48k
2022
$55k
2023
In today's dollarsEst.
Up 11% in real terms$55k to $61k

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 14% from 2022 to 2023, while revenue fell 40%.

$48k in 2022 to $55k in 2023.
  • Vice President pay rose 118% from 2022 to 2023.
  • Senior Vice President pay rose 17% from 2022 to 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 PathStone Development Corporation

What does the Chief Executive Officer of PathStone Development Corporation earn?

In 2023, the Chief Executive Officer of PathStone Development Corporation received $54,884 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PathStone Development Corporation compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New York, the 2023 pay of the Chief Executive Officer at PathStone Development Corporation falls between the 25th percentile and the median. In 2023, the highest total compensation at PathStone Development Corporation equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are PathStone Development Corporation's revenue and expenses?

In 2023, PathStone Development Corporation reported $1.8M in total revenue and $1.9M in total expenses on its IRS Form 990.

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