THE PURPOSE OF SPITI HDFC WAS CONSTRUCTING AND OPERATING RENTAL HOUSING PROJECT FOR ELDERLY AND HANDICAPPED PERSONS OF LOW INCOME PER SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW.
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 Housing & Shelter organizations in New York.
| Position | Total |
|---|---|
Executive Director 10th to 25th percentile | $25k $28k |
CFO 25th percentile to median | $21k $24k |
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 6 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at SPITI HOUSING DEVELOPMENT FUND COMPANY INC equaled 10% 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.
Up 2%
from 2022
From $24k in 2022 to $25k in 2023.
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.
Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 13%.
- Chief Financial Officer pay rose 1% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SPITI HOUSING DEVELOPMENT FUND COMPANY INC
What does the Chief Executive Officer of SPITI HOUSING DEVELOPMENT FUND COMPANY INC earn?
In 2023, the Chief Executive Officer of SPITI HOUSING DEVELOPMENT FUND COMPANY INC received $24,759 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in New York, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SPITI HOUSING DEVELOPMENT FUND COMPANY INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in New York, the 2023 pay of the Chief Executive Officer at SPITI HOUSING DEVELOPMENT FUND COMPANY INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at SPITI HOUSING DEVELOPMENT FUND COMPANY INC equaled 10% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are SPITI HOUSING DEVELOPMENT FUND COMPANY INC's revenue and expenses?
In 2023, SPITI HOUSING DEVELOPMENT FUND COMPANY INC reported $309k in total revenue and $244k in total expenses on its IRS Form 990.
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