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Filing year 2023

PSALMS INC

Memphis, Tennessee·EIN 62-1106224·NTEE P750 · Human Services·501(c)(3)
Total revenue
$26M
Total assets
$71.8M
Total expenses
$30.7M
Reported officers
14
Mission

PSALMS, INC. D/B/A KIRBY PINES RETIREMENT COMMUNITY IS DEDICATED TO PROVIDING RESIDENTS WITH A QUALITY LIFESTYLE IN A QUALITY ENVIRONMENT, SUPPORTING THE CONCEPT OF CONTINUED INDEPENDENCE AS A PRIOITY IN THE LIFE CARE DECISION.

Executive compensation

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations nationwide.

Registered Nurse
Highest Compensated Employee
25th percentile to median
$122k
$133k
Licensed Practical Nurse
Highest Compensated Employee
25th percentile to median
$121k
$132k
Director of Grounds
Highest Compensated Employee
10th to 25th percentile
$112k
$123k
Nursing Home Administrator
Highest Compensated Employee
10th to 25th percentile
$110k
$120k
Director of Culinary
Highest Compensated Employee
10th to 25th percentile
$106k
$116k
President
25th percentile to medianvs Human Services peers in Tennessee
$53k
$58k
Secretary/treasurer
25th percentile to medianvs Human Services peers in Tennessee
$28k
$30k
Director
Board Member
25th percentile to medianvs Human Services peers in Tennessee
$18k
$20k
Chairman
Board Chair
25th percentile to median
$17k
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PSALMS INC equaled 0.4% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
0.4%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PSALMS INC

What does the Highest Compensated Employee of PSALMS INC earn?

In 2023, the Highest Compensated Employee of PSALMS INC received $121,815 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Human Services organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at PSALMS INC compare with similar nonprofits?

Compared with the same role at Human Services organizations nationwide, the 2023 pay of the Highest Compensated Employee at PSALMS INC falls between the 25th percentile and the median. In 2023, the highest total compensation at PSALMS INC equaled 0.4% of the organization's total expenses. The median for human services organizations is 8%.

What are PSALMS INC's revenue and expenses?

In 2023, PSALMS INC reported $26M in total revenue and $30.7M in total expenses on its IRS Form 990.

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