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Filing year 2023

PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION

New York, New York·EIN 27-0018002·501(c)(4)
Total revenue
$340k
Total assets
$1.8M
Total expenses
$396k
Reported officers
6
Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE-INCOME PERSONS.

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 nonprofits nationwide, across all sectors.

President/ceo
75th to 90th percentile
$172k
$193k
Vice President and Secreta
Vice President
Median to 75th percentile
$80k
$89k
Vice President
Median to 75th percentile
$73k
$82k
Treasurer
Officer (Unspecified)
$63k
$70k
Vice President
Median to 75th percentile
$58k
$65k

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 1 unpaid individual.

Up 6%
from 2022

From $162k in 2022 to $172k in 2023.

$162k
2022
$172k
2023
In today's dollarsEst.
Up 2% in real terms$189k to $193k

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

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue fell 13%.

$162k in 2022 to $172k in 2023.
  • Vice President pay rose 6% 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.
Financial trend

Revenue and expenses over time

PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$388k
$419k
2022
$340k
$396k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION

What does the Chief Executive Officer of PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION earn?

In 2023, the Chief Executive Officer of PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION received $172,076 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION falls between the 75th and 90th percentiles.

What are PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION's revenue and expenses?

In 2023, PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION reported $340k in total revenue and $396k in total expenses on its IRS Form 990.

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