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Filing year 2023

PHIPPS NEIGHBORHOODS INC

New York, New York·EIN 13-2707665·501(c)(3)
Total revenue
$21M
Total assets
$20.9M
Total expenses
$18.4M
Reported officers
20
Mission

TO PROVIDE EDUCATIONAL AND SOCIAL SERVICES TO INDIVIDUALS AND FAMILIES, OFTEN IN COMMUNITIES IN WHICH PHIPPS HOUSES OWNS AND/OR SPONSORS HOUSING DEVELOPMENTS. PHIPPS NEIGHBORHOODS PROVIDES A BROAD RANGE OF PROGRAMS, WHICH INCLUDE EDUCATION, RECREATION, CHILD CARE, YOUTH SERVICES, WORKFORCE DEVELOPMENT, RESIDENT SERVICES AND SUPPORTIVE HOUSING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Director of Finance
75th to 90th percentile
$202k
$226k
Base
$153k
Bonus
$20k
Other
$349
Benefits
$22k
Deputy Executive Director
75th to 90th percentile
$176k
$198k
Base
$118k
Bonus
$20k
Other
$176
Benefits
$33k
Chairperson
Board Chair
75th to 90th percentile
$172k
$193k
Sr. Dir. of Comm. Resources
Highest Compensated Employee
Median to 75th percentile
$169k
$190k
Base
$122k
Bonus
$20k
Other
$786
Benefits
$26k
Chief Strategy & Partnership
Highest Compensated Employee
25th percentile to median
$161k
$181k
Base
$134k
Bonus
$20k
Other
$164
Benefits
$2k
Secretary
Secretary (Operational)
75th to 90th percentile
$80k
$89k
Treasurer
25th percentile to median
$63k
$70k
Executive Director/ceo
Director (Operational)
Below 10th percentile
$8k
$9k

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 12 unpaid individuals.

Funded by

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

Up 4%
from 2022

From $193k in 2022 to $202k in 2023.

$193k
2022
$202k
2023
In today's dollarsEst.
Roughly flat in real terms$225k to $226k

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 Financial Officer pay rose 190% from 2022 to 2023, while revenue rose 18%.

$69k in 2022 to $202k in 2023.
  • Chief Executive Officer pay rose 10% from 2022 to 2023.
  • Board Chair 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 NEIGHBORHOODS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$17.8M
$17.5M
2022
$21M
$18.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PHIPPS NEIGHBORHOODS INC

What does the Chief Financial Officer of PHIPPS NEIGHBORHOODS INC earn?

In 2023, the Chief Financial Officer of PHIPPS NEIGHBORHOODS INC received $201,708 in total compensation. This pay is in the top quarter for Chief Financial 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 Financial Officer pay at PHIPPS NEIGHBORHOODS INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at PHIPPS NEIGHBORHOODS INC falls between the 75th and 90th percentiles.

What are PHIPPS NEIGHBORHOODS INC's revenue and expenses?

In 2023, PHIPPS NEIGHBORHOODS INC reported $21M in total revenue and $18.4M in total expenses on its IRS Form 990.

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