Low Income Housing
Executive compensation
Form 990 · 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 Virginia.
| Position | Total |
|---|---|
EVP / CFO 25th percentile to median | $62k $66k |
Ceo/president 25th percentile to median | $60k $63k |
COO 25th percentile to medianvs Housing & Shelter peers nationwide | $40k $42k |
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 9 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Somerset Court Apartments Inc equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,789 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 2%
from 2023
From $61k in 2023 to $62k in 2024.
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.
Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 6%.
- Chief Operating Officer pay rose 4% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Somerset Court Apartments Inc
What does the Chief Executive Officer of Somerset Court Apartments Inc earn?
In 2024, the Chief Executive Officer of Somerset Court Apartments Inc received $62,425 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Somerset Court Apartments Inc compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Virginia, the 2024 pay of the Chief Executive Officer at Somerset Court Apartments Inc falls between the 25th percentile and the median. In 2024, the highest total compensation at Somerset Court Apartments Inc equaled 17% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are Somerset Court Apartments Inc's revenue and expenses?
In 2024, Somerset Court Apartments Inc reported $322k in total revenue and $363k in total expenses on its IRS Form 990.
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