PINE CREST RHF HOUSING, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE COMMONWEALTH OF MASSACHUSETTS. THE CORPORATION WAS FORMED FOR THE PURPOSE OF PROVIDING HOUSING TO LOW INCOME FAMILIES AND OPERATED A 114 UNIT COMMUNITY KNOWN AS PINE CREST APARTMENTS LOCATED IN ORANGE, MASSACHUSETTS. ON DECEMBER 27, 2018 THIS PROPERTY WAS TRANSFERRED TO A RELATED ENTITY. ON AUGUST 28, 2020, THE ENTITY ACQUIRED AND BEGAN OPERATING A 100 UNIT COMMUNITY KNOWN AS HILLCREST APARTMENTS IN ATTLEBORO, MASSACHUSETTS. ON SEPTEMBER 16, 2022, THE PROPERTY SOLD TO HILLCREST RHF PARTNERS, LIMITED PARTNERSHIP. PINE CREST RHF HOUSING, INC. NOW FUNDS THE PROJECT THROUGH A SELLER CARRYBACK LOAN, AND IS THE MAJORITY MEMBER OF HILLCREST RHF MGP, LLC. THE MAIN PURPOSE OF THIS ENTITY GOING FORWARD WILL BE A FINANCING ARM OF THE LOW INCOME HOUSING PROJECT THROUGH THE NEW PARTNERSHIP.
Executive compensation
Form 990 · Part VII & Schedule J · 27 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in California.
| Position | Total |
|---|---|
President/ceo 25th percentile to median | $77k $82k |
VP Dev Fin & Asset Mgmt Board Vice President 10th to 25th percentile | $59k $63k |
VP Philanthropy/cso Board Vice President 10th to 25th percentile | $58k $62k |
VP Housing Operations Board Vice President 10th to 25th percentile | $56k $59k |
Executive VP Gen Counsel Executive Vice President 10th to 25th percentilevs Education peers nationwide | $55k $59k |
VP Human Resources Board Vice President 10th to 25th percentile | $54k $57k |
Controller Below 10th percentile | $32k $34k |
CFO and VP of Finance 10th to 25th percentile | $30k $33k |
VP Occupancy & Tax Credit Board Vice President Below 10th percentile | $29k $31k |
VP Acquis and Proj Dev Board Vice President Below 10th percentile | $26k $28k |
Associate Counsel Key Employee Below 10th percentile | $23k $25k |
VP of Communications Board Vice President Below 10th percentile | $23k $25k |
VP Risk Management Board Vice President Below 10th percentile | $22k $24k |
Compl and Privacy Officer Key Employee Below 10th percentile | $22k $24k |
VP Treasury & Invstmt Off Board Vice President Below 10th percentile | $22k $23k |
Ap Director Highest Compensated Employee Below 10th percentile | $22k $23k |
VP Housing Accounting Board Vice President Below 10th percentile | $21k $23k |
Acct Manager Exempt Key Employee Below 10th percentile | $21k $22k |
Acct Manager Exempt Highest Compensated Employee Below 10th percentile | $20k $22k |
Entitlement Proj Manager Highest Compensated Employee Below 10th percentile | $20k $21k |
Director of Corp Records Director (Operational) Below 10th percentile | $18k $19k |
Construction Manager Sr Key Employee Below 10th percentile | $16k $17k |
Devel Accounting Dir Highest Compensated Employee Below 10th percentile | $16k $17k |
Info Systems Director Key Employee Below 10th percentile | $6k $6k |
Budget & Analytics Dir Key Employee Below 10th percentile | $5k $6k |
Internal Audit Director Highest Compensated Employee Below 10th percentile | $5k $5k |
Dir of Afford Housing Ops Key Employee Below 10th percentile | $5k $5k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at PINE CREST RHF HOUSING INC equaled 30,696% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,319 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 13%
from 2023
From $68k in 2023 to $77k in 2024.
Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 13% from 2023 to 2024, while revenue rose 3%.
- Board Vice President pay rose 19% from 2023 to 2024.
- Executive Vice President pay rose 11% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about PINE CREST RHF HOUSING INC
What does the Chief Executive Officer of PINE CREST RHF HOUSING INC earn?
In 2024, the Chief Executive Officer of PINE CREST RHF HOUSING INC received $76,739 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in California, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at PINE CREST RHF HOUSING INC compare with similar nonprofits?
Compared with the same role at Education organizations in California, the 2024 pay of the Chief Executive Officer at PINE CREST RHF HOUSING INC falls between the 25th percentile and the median. In 2024, the highest total compensation at PINE CREST RHF HOUSING INC equaled 30,696% of the organization's total expenses. The median for education organizations is 7%.
What are PINE CREST RHF HOUSING INC's revenue and expenses?
In 2024, PINE CREST RHF HOUSING INC reported $74k in total revenue and $250 in total expenses on its IRS Form 990.
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