SHERMAN WAY SENIOR CITIZEN HOUSING CORPORATION, A CALIFORNIA NONPROFIT CORPORATION, WAS FORMED TO OWN A 74-UNIT RENTAL HOUSING PROJECT FOR THE ELDERLY LOCATED IN VAN NUYS, CALIFORNIA. THE OPERATIONS OF THE PROJECT BEGAN DECEMBER 1991. THE CORPORATION IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, WHICH GOVERNS THE OPERATION OF THE PROJECT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.
Executive compensation
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 in California.
| Position | Total |
|---|---|
Facilities Director Highest Compensated Employee 25th percentile to median | $23k $25k |
Director of Operations 10th to 25th percentile | $22k $25k |
Controller 10th to 25th percentile | $18k $20k |
President Below 10th percentile | $7k $8k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at SHERMAN WAY SENIOR CITIZEN HOUSING CORP equaled 2% 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SHERMAN WAY SENIOR CITIZEN HOUSING CORP
What does the Highest Compensated Employee of SHERMAN WAY SENIOR CITIZEN HOUSING CORP earn?
In 2023, the Highest Compensated Employee of SHERMAN WAY SENIOR CITIZEN HOUSING CORP received $22,566 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Housing & Shelter organizations in California, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at SHERMAN WAY SENIOR CITIZEN HOUSING CORP compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in California, the 2023 pay of the Highest Compensated Employee at SHERMAN WAY SENIOR CITIZEN HOUSING CORP falls between the 25th percentile and the median. In 2023, the highest total compensation at SHERMAN WAY SENIOR CITIZEN HOUSING CORP equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are SHERMAN WAY SENIOR CITIZEN HOUSING CORP's revenue and expenses?
In 2023, SHERMAN WAY SENIOR CITIZEN HOUSING CORP reported $1.5M in total revenue and $1.1M in total expenses on its IRS Form 990.
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