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Filing year 2023

SERENITY HOMES

Rochester, Minnesota·EIN 86-1788498·NTEE P85 · Human Services·501(c)(3)
Total revenue
$328k
Total assets
$0
Total expenses
$80k
Reported officers
3
Mission

To secure and/or transform distressed housing into energy efficient, sustainable, accessible housing for individuals experiencing homelessness that is connected and free from discrimination and financially viable over the long term.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Director
Director (Operational)
10th to 25th percentile
$50k
$55k
Executive Director
10th to 25th percentile
$22k
$24k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 1 unpaid individual.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SERENITY HOMES equaled 62% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
62%
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.

Up 106%
from 2022

From $24k in 2022 to $50k in 2023.

$24k
2022
$50k
2023
In today's dollarsEst.
Up 99% in real terms$28k to $55k

Estimated with BLS CPI-U for the Midwest region, 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.

Among peers

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

FAQ

Common questions about SERENITY HOMES

What does the Director (Operational) of SERENITY HOMES earn?

In 2023, the Director (Operational) of SERENITY HOMES received $49,500 in total compensation. This pay is in the bottom quarter for Director (Operational) roles among Human Services organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at SERENITY HOMES compare with similar nonprofits?

Compared with the same role at Human Services organizations in Minnesota, the 2023 pay of the Director (Operational) at SERENITY HOMES falls between the 10th and 25th percentiles. In 2023, the highest total compensation at SERENITY HOMES equaled 62% of the organization's total expenses. The median for human services organizations is 8%.

What are SERENITY HOMES's revenue and expenses?

In 2023, SERENITY HOMES reported $328k in total revenue and $80k in total expenses on its IRS Form 990.

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