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 · Schedule J · 27 reported individuals · Filing year 2023
| Base salary | Executive compensation | |
|---|---|---|
Executive VP Gen Counsel executive vice president $49k $54k | ||
VP Philanthropy/cso vice president $49k $54k | ||
VP Development Finance vice president $49k $54k | ||
VP Human Resources vice president $47k $52k | ||
VP Health Care Operations vice president $41k $46k | ||
VP Housing Operations vice president $41k $45k | ||
VP Treasury & Invstmt Off vice president $37k $41k | ||
VP Occupancy & Tax Credit vice president $24k $26k | ||
VP Acquis and Proj Dev vice president $22k $24k | ||
Controller key employee $20k $22k | ||
Compl and Privacy Officer key employee $19k $21k | ||
VP Risk Management vice president $19k $21k | ||
VP of Communications vice president $19k $21k | ||
Director of Corp Records director (operational) $19k $21k | ||
Acct Manager Exempt highest compensated employee $18k $20k | ||
Devel Accounting Dir highest compensated employee $18k $20k | ||
Acct Manager Exempt highest compensated employee $17k $19k | ||
VP Housing Accounting vice president $16k $18k | ||
Accounting Lead Sr. highest compensated employee $16k $18k | ||
Internal Audit Director key employee $6k $7k | ||
Budget & Analytics Dir key employee $5k $6k | ||
Info Systems Director key employee $5k $6k | ||
Dir of Afford Housing Ops key employee $5k $5k | ||
Reg'l Manager Health Care key employee $5k $5k | ||
Nurse Trainer Exempt key employee $4k $4k | ||
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 8 unpaid individuals.
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