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Filing year 2021

THE 551 HOUSING DEVELOPMENT FUND COMPANY INC

New York, New York·EIN 86-1066508·501(c)(3)

THE 551 HOUSING DEVELOPMENT FUND COMPANY INC's highest-paid officer, the V President, was reported at $116,000 for 2021 (IRS Form 990), including base pay and other compensation.

Total revenue
$321k
Total assets
$1.9M
Total expenses
$334k
Reported officers
9
Mission

TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS IN NEW YORK, NY.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2021

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

V President
Chief Executive Officer
Median to 75th percentile
$116k
President
Chief Executive Officer
Median to 75th percentile
$108k

Plus 7 unpaid individuals.

FAQ

Common questions about THE 551 HOUSING DEVELOPMENT FUND COMPANY INC

What does the Chief Executive Officer of THE 551 HOUSING DEVELOPMENT FUND COMPANY INC earn?

In 2021, the Chief Executive Officer of THE 551 HOUSING DEVELOPMENT FUND COMPANY INC received $116,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE 551 HOUSING DEVELOPMENT FUND COMPANY INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2021 pay of the Chief Executive Officer at THE 551 HOUSING DEVELOPMENT FUND COMPANY INC falls between the median and the 75th percentile.

What are THE 551 HOUSING DEVELOPMENT FUND COMPANY INC's revenue and expenses?

In 2021, THE 551 HOUSING DEVELOPMENT FUND COMPANY INC reported $321k in total revenue and $334k in total expenses on its IRS Form 990.

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