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Filing year 2024

SEBCO DEVELOPMENT INC

Bronx, New York·EIN 13-2944013·NTEE L210 · Housing & Shelter·3
Total revenue
$1.8M
Total assets
$8.1M
Total expenses
$2.1M
Reported officers
8
Mission

SEBCO DEVELOPMENT INC. IS A NON PROFIT COMMUNITY BASED ORGANIZATION COMMITTED TO DEVELOPING AND MAINTAINING AFFORDABLE AND SAFE HOUSING IN THE CITY OF NEW YORK. SEBCO STRIVES TO CONTINUALLY PROVIDE WELL MAINTAINED, SECURE HOUSING ALONG WITH THE SUPPORTIVE SERVICES NEEDED TO IMPROVE THE QUALITY OF LIFE OF THE FAMILIES AND INDIVIDUALS WE SERVE IN OUR COMMUNITY.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Ceo/director
officer (unspecified)
$157k
$170k
Base
$157k
Bonus
Other
Benefits
Controller
officer (unspecified)
$145k
$156k
Chief Executive Director
$35k
$37k

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 5 unpaid individuals.

Browse compensation in Housing & Shelter

Fell 9%
over 2 years

From $172k in 2022 to $157k in 2024.

$172k
2022
$158k
2023
$157k
2024
In today's dollarsEst.
Down 15% in real terms$200k to $170k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SEBCO DEVELOPMENT INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$2.7M
$3.5M
2022
$2.7M
$3.2M
2023
$1.8M
$2.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in New York

Comparable housing & shelter organizations in New York pay their highest-earning executive a median of $56,322.

25th percentile
$27k
Median
$56,322
75th percentile
$123k
90th percentile
$209k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 264 organizations across 264 filings (2022 – 2023).

See full Housing & Shelter pay data for New York
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