THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE HOUSING TO LOWER INCOME RESIDENTS OF THE CITY OF SCRANTON, THAT IS COMFORTABLE, CLEAN, MODERN, AND SAFE. THE ORGANZATION FULFILLS ITS MISSION BY CONTINUALLY REINVESTING IN THE PHYSICAL AND AESTHETIC QUALITY OF ITS 233 RESIDENTIAL UNITS, WHILE CHARGING RENTS THAT ARE CONSISTENTLY 35% TO 40% BELOW PREVALING MARKET RENT RATES IN THE REGION, THUS MAKING THE UNITS AFFORDABLE FOR CURRENT AND POTENTIAL TENANTS WITH LOWER INCOMES.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
| Position | Total |
|---|---|
Ex. Director Officer (Unspecified) | $90k $100k |
Treasurer Officer (Unspecified) | $86k $97k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at TCS-I MIDTOWN APARTMENTS equaled 5% 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.
Down 21%
from 2022
From $114k in 2022 to $90k in 2023.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about TCS-I MIDTOWN APARTMENTS
What are TCS-I MIDTOWN APARTMENTS's revenue and expenses?
In 2023, TCS-I MIDTOWN APARTMENTS reported $1.9M in total revenue and $1.8M in total expenses on its IRS Form 990.
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