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Filing year 2023

PERRY FARM DEVELOPMENT CO

Harbor Springs, Michigan·EIN 35-2183523·NTEE L22 · Housing & Shelter·501(c)(3)
Total revenue
$2.6M
Total assets
$1.2M
Total expenses
$2.6M
Reported officers
12
Mission

GUIDED BY OUR CHRISTIAN HERITAGE, WE SERVE SENIORS OF ALL FAITHS AND CREATE NEW POSSIBILITIES FOR QUALITY LIVING. OUR FAITH TRADITIONS CALL US TO CREATE DIVERSE ENVIRONMENTS, PROGRAMS AND SERVICES WHERE SENIORS ARE ABLE TO ACHIEVE THE BEST POSSIBILITIES AND PURPOSES IN LIFE.

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 Michigan.

Executive Director
25th percentile to median
$71k
$78k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 11 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PERRY FARM DEVELOPMENT CO 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.

Up 91%
from 2021

From $37k in 2021 to $71k in 2023.

$37k
2021
$71k
2023
In today's dollarsEst.
Up 70% in real terms$46k to $78k

Estimated with BLS CPI-U for the Midwest 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 91% from 2021 to 2023, while revenue rose 86%.

$37k in 2021 to $71k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 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 PERRY FARM DEVELOPMENT CO

What does the Chief Executive Officer of PERRY FARM DEVELOPMENT CO earn?

In 2023, the Chief Executive Officer of PERRY FARM DEVELOPMENT CO received $70,858 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PERRY FARM DEVELOPMENT CO compare with similar nonprofits?

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

What are PERRY FARM DEVELOPMENT CO's revenue and expenses?

In 2023, PERRY FARM DEVELOPMENT CO reported $2.6M in total revenue and $2.6M in total expenses on its IRS Form 990.

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