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Filing year 2023

SPRINGVALE TERRACE INC

Washington, District of Columbia·EIN 30-0185120·NTEE L22 · Housing & Shelter·501(c)(3)
Total revenue
$369k
Total assets
$3.9M
Total expenses
$2.5M
Reported officers
28
Mission

TO PROVIDE AFFORDABLE HOUSING AND RELATED RESIDENT SERVICES TO THE ELDERLY UNDER SECTION 232 OF THE NATIONAL HOUSING ACT.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in District of Columbia.

CEO
Below 10th percentile
$22k
$24k
Managing Director of Finance
10th to 25th percentilevs Housing & Shelter peers nationwide
$13k
$14k
Coo/cao Thru 6/27/2024
Officer (Unspecified)
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 25 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SPRINGVALE TERRACE INC equaled 0.9% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
0.9%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 12%
from 2022

From $25k in 2022 to $22k in 2023.

$25k
2022
$22k
2023
In today's dollarsEst.
Down 15% in real terms$28k to $24k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 12% from 2022 to 2023, while revenue fell 82%.

$25k in 2022 to $22k in 2023.
  • Chief Financial Officer pay fell 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 SPRINGVALE TERRACE INC

What does the Chief Executive Officer of SPRINGVALE TERRACE INC earn?

In 2023, the Chief Executive Officer of SPRINGVALE TERRACE INC received $21,998 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in District of Columbia: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SPRINGVALE TERRACE INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in District of Columbia, the 2023 pay of the Chief Executive Officer at SPRINGVALE TERRACE INC falls in the bottom 10%. In 2023, the highest total compensation at SPRINGVALE TERRACE INC equaled 0.9% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are SPRINGVALE TERRACE INC's revenue and expenses?

In 2023, SPRINGVALE TERRACE INC reported $369k in total revenue and $2.5M in total expenses on its IRS Form 990.

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