SEE SCHEDULE OTHE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ASSIST IN THE DEVELOPMENT OF THE SUGAR HILL PROJECT, A MULTI-USE BUILDING CONSISTING OF 124 AFFORDABLE STUDIO, ONE, TWO AND THREE BEDROOM APARTMENTS, AN EARLY CHILDHOOD CENTER KNOWN AS THE SUGAR HILL MUSEUM PRE-SCHOOL,RENTAL SPACE, UNDERGROUND PARKING GARAGE AND THE SUGAR HILL CHILDREN'S MUSEUM OF ART AND STORYTELLING.
Executive compensation
Form 990 · Part VII & 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 New York.
| Position | Total |
|---|---|
Treasurer/secretary Median to 75th percentile | $39k $43k |
President 25th percentile to median | $31k $34k |
Director of Operations 25th percentile to median | $23k $25k |
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 2 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at SUGAR HILL NEW MARKET TAX CREDIT INC equaled 7% 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 6%
from 2023
From $37k in 2023 to $39k in 2024.
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 Financial Officer pay rose 6% from 2023 to 2024, while revenue fell 100%.
- Chief Executive Officer pay fell 13% from 2023 to 2024.
- Chief Operating Officer pay rose 10% 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 SUGAR HILL NEW MARKET TAX CREDIT INC
What does the Chief Financial Officer of SUGAR HILL NEW MARKET TAX CREDIT INC earn?
In 2024, the Chief Financial Officer of SUGAR HILL NEW MARKET TAX CREDIT INC received $39,418 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Housing & Shelter organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at SUGAR HILL NEW MARKET TAX CREDIT INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in New York, the 2024 pay of the Chief Financial Officer at SUGAR HILL NEW MARKET TAX CREDIT INC falls between the median and the 75th percentile. In 2024, the highest total compensation at SUGAR HILL NEW MARKET TAX CREDIT INC equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are SUGAR HILL NEW MARKET TAX CREDIT INC's revenue and expenses?
In 2024, SUGAR HILL NEW MARKET TAX CREDIT INC reported $10 in total revenue and $589k in total expenses on its IRS Form 990.
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