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 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New York.
- Base
- $157k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/director Officer (Unspecified) | $157k | — | — | — | $157k $170k |
Controller 75th to 90th percentilevs Housing & Shelter peers nationwide | — | — | — | — | $145k $156k |
Chief Executive Director 25th percentile to median | — | — | — | — | $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.
Top pay as a share of expenses
In 2024, the highest total compensation at SEBCO DEVELOPMENT INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Fell 9%
over 2 years
From $172k in 2022 to $157k in 2024.
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.
Controller pay fell 13% from 2022 to 2024, while revenue fell 32%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SEBCO DEVELOPMENT INC
What does the Controller of SEBCO DEVELOPMENT INC earn?
In 2024, the Controller of SEBCO DEVELOPMENT INC received $144,679 in total compensation. This pay is in the top quarter for Controller roles among Housing & Shelter organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Controller pay at SEBCO DEVELOPMENT INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Controller at SEBCO DEVELOPMENT INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at SEBCO DEVELOPMENT INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are SEBCO DEVELOPMENT INC's revenue and expenses?
In 2024, SEBCO DEVELOPMENT INC reported $1.8M in total revenue and $2.1M in total expenses on its IRS Form 990.
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