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Filing year 2023

Rural Housing Development Corporation

Provo, Utah·EIN 87-0622732·NTEE L80 · Housing & Shelter·501(c)(3)
Total revenue
$2.9M
Total assets
$32.4M
Total expenses
$2.1M
Reported officers
10
Mission

To provide quality affordable housing opportunities to individuals and families living in Utah.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Executive Director
Above 90th percentile
$282k
$309k
Base
$221k
Bonus
Other
Benefits
$22k
Dir. of Development
Highest Compensated Employee
Above 90th percentile
$225k
$247k
Base
$170k
Bonus
Other
Benefits
$24k
Dir, of Construction
Highest Compensated Employee
75th to 90th percentile
$189k
$207k
Base
$145k
Bonus
Other
Benefits
$18k
Accounting Mgr
Accounting Manager
Median to 75th percentilevs all sectors nationwide
$144k
$157k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 6 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Rural Housing Development Corporation equaled 13% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
13%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

Up 6%
from 2022

From $267k in 2022 to $282k in 2023.

$267k
2022
$282k
2023
In today's dollarsEst.
Up 1% in real terms$305k to $309k

Estimated with BLS CPI-U for the West region, 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 rose 24%.

$267k in 2022 to $282k in 2023.
  • Highest Compensated Employee pay rose 5% 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.

Among peers

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

FAQ

Common questions about Rural Housing Development Corporation

What does the Chief Executive Officer of Rural Housing Development Corporation earn?

In 2023, the Chief Executive Officer of Rural Housing Development Corporation received $282,374 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Rural Housing Development Corporation compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Chief Executive Officer at Rural Housing Development Corporation falls in the top 10%. In 2023, the highest total compensation at Rural Housing Development Corporation equaled 13% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are Rural Housing Development Corporation's revenue and expenses?

In 2023, Rural Housing Development Corporation reported $2.9M in total revenue and $2.1M in total expenses on its IRS Form 990.

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