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Filing year 2023

PESACH TIKVAH HOPE DEVELOPMENT INC

Brooklyn, New York·EIN 11-2642641·3
Total revenue
$30M
Total assets
$20.1M
Total expenses
$26.6M
Reported officers
18
Mission

PESACH TIKVAH HOPE DEVELOPMENT, INC. (THE ORGANIZATION) WAS INCORPORATED IN 1983 IN THE STATE OF NEW YORK FOR THE PURPOSE OF PROVIDING SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND PERSONS WITH MENTAL ILLNESS.

Executive compensation, broken down

Form 990 · Schedule J · 12 reported individuals · Filing year 2023

CEO (until 3/24)
$376k
$421k
Base
$354k
Bonus
Other
Benefits
$22k
CEO (as of 4/24)
$265k
$297k
Base
$245k
Bonus
Other
Benefits
$19k
Program Director
director (operational)
$253k
$284k
Base
$243k
Bonus
$10k
Other
Benefits
Psychiatrist
highest compensated employee
$220k
$247k
Base
$220k
Bonus
Other
Benefits
Base
$190k
Bonus
$24k
Other
Benefits
$2k
Program Director
director (operational)
$201k
$225k
Base
$201k
Bonus
Other
Benefits
Program Director
director (operational)
$192k
$216k
Base
$182k
Bonus
$10k
Other
Benefits
Mental Health Counselor
highest compensated employee
$187k
$210k
Base
$187k
Bonus
Other
Benefits
Nurse Practitioner
highest compensated employee
$185k
$208k
Base
$185k
Bonus
Other
Benefits
Program Director
director (operational)
$172k
$193k
Base
$172k
Bonus
Other
Benefits
Director of Ancillary Mental Health
key employee
$168k
$189k
Base
$168k
Bonus
Other
Benefits
Program Director
director (operational)
$154k
$173k
Base
$154k
Bonus
Other
Benefits

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 6 unpaid individuals.

Down 50%
from 2022

From $756k in 2022 to $376k in 2023.

$756k
2022
$376k
2023
In today's dollarsEst.
Down 52% in real terms$880k to $421k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

PESACH TIKVAH HOPE DEVELOPMENT INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$20.6M
$21.3M
2022
$30M
$26.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
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