TO OWN AND OPERATE A 24-UNIT APARTMENT PROJECT LOCATED IN CULLMAN, ALABAMA THAT PROVIDES HOUSING AND SUPPORTIVE SERVICES TO LOW-INCOME ELDERLY PEOPLE.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Alabama.
| Position | Total |
|---|---|
President 25th percentile to median | $49k $53k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at SKY DEVELOPMENT CORPORATION equaled 34% 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 SKY DEVELOPMENT CORPORATION
What does the Chief Executive Officer of SKY DEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of SKY DEVELOPMENT CORPORATION received $48,870 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Alabama, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SKY DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Alabama, the 2023 pay of the Chief Executive Officer at SKY DEVELOPMENT CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at SKY DEVELOPMENT CORPORATION equaled 34% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are SKY DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, SKY DEVELOPMENT CORPORATION reported $97k in total revenue and $142k in total expenses on its IRS Form 990.
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