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Filing year 2023

THE HOUSING FUND

Madison, Tennessee·EIN 62-1632388·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$7.3M
Total assets
$49.3M
Total expenses
$8M
Reported officers
19
Mission

THE HOUSING FUND PROVIDES RESOURCES AND CREATIVE LEADERSHIP TO HELP LOW AND MODERATE INCOME INDIVIDUALS AND COMMUNITIES CREATE AND MAINTAIN AFFORDABLE AND HEALTHY PLACES TO LIVE. THE HOUSING FUND MAKES LOW INTEREST HOUSING, DEVELOPMENT AND COMMUNITY DEVELOPMENT LOANS TO INDIVIDUALS, FAMILIES AND DEVELOPERS TO ACQUIRE, CREATE AND MAINTAIN AFFORDABLE AND HEALTHY HOMES AND COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

President/ceo
Above 90th percentile
$299k
$326k
Base
$200k
Bonus
$81k
Other
Benefits
$18k
Chief Financial Officer
Above 90th percentilevs Housing & Shelter peers nationwide
$210k
$230k
Base
$132k
Bonus
$52k
Other
Benefits
$20k
EVP & COO
Above 90th percentile
$193k
$211k
Base
$106k
Bonus
$52k
Other
Benefits
$20k
Vp- Dir of Cmmty & Econ Dev
Highest Compensated Employee
Median to 75th percentilevs Housing & Shelter peers nationwide
$130k
$142k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE HOUSING FUND equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
4%
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.

Up 22%
from 2022

From $244k in 2022 to $299k in 2023.

$244k
2022
$299k
2023
In today's dollarsEst.
Up 17% in real terms$278k to $326k

Estimated with BLS CPI-U for the South region, 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 rose 22% from 2022 to 2023, while revenue fell 31%.

$244k in 2022 to $299k in 2023.
  • Chief Financial Officer pay rose 20% 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 THE HOUSING FUND

What does the Chief Executive Officer of THE HOUSING FUND earn?

In 2023, the Chief Executive Officer of THE HOUSING FUND received $298,542 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Tennessee: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE HOUSING FUND compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Tennessee, the 2023 pay of the Chief Executive Officer at THE HOUSING FUND falls in the top 10%. In 2023, the highest total compensation at THE HOUSING FUND equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are THE HOUSING FUND's revenue and expenses?

In 2023, THE HOUSING FUND reported $7.3M in total revenue and $8M in total expenses on its IRS Form 990.

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