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Filing year 2023

THE SEEDS OF HOPE HOUSING INC

Salem, Massachusetts·EIN 20-4539248·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$102k
Total assets
$1.4M
Total expenses
$208k
Reported officers
13
Mission

TO OWN, MANAGE, AND MAINTAIN RESIDENTIAL REAL ESTATE FOR THE PERMANENT HOUSING AND BENEFIT OF HOMELESS AND LOW INCOME PERSONS, CONSISTING OF TWO BUILDINGS AND THE UNDERLYING LAND ON HIGH STREET AND ENDICOTT STREET IN SALEM, MASSACHUSETTS. THE ORGANIZATION ALSO CONDUCTS EDUCATIONAL PROGRAMS IN CONNECTION WITH SAID HOUSING. IN ADDITION, THE ORGANIZATION, IN COLLABORATION WITH THE SALEM MISSION, INC. OFFERS MEALS, MEDICAL CARE AND CASE MANAGEMENT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Director/president
25th percentile to median
$33k
$37k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 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 SEEDS OF HOPE HOUSING INC equaled 16% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
16%
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 1%
from 2022

From $34k in 2022 to $33k in 2023.

$34k
2022
$33k
2023
In today's dollarsEst.
Down 5% in real terms$39k to $37k

Estimated with Boston-Cambridge-Newton, MA-NH 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 1% from 2022 to 2023, while revenue rose 4%.

$34k in 2022 to $33k in 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 SEEDS OF HOPE HOUSING INC

What does the Chief Executive Officer of THE SEEDS OF HOPE HOUSING INC earn?

In 2023, the Chief Executive Officer of THE SEEDS OF HOPE HOUSING INC received $33,463 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE SEEDS OF HOPE HOUSING INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at THE SEEDS OF HOPE HOUSING INC falls between the 25th percentile and the median. In 2023, the highest total compensation at THE SEEDS OF HOPE HOUSING INC equaled 16% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are THE SEEDS OF HOPE HOUSING INC's revenue and expenses?

In 2023, THE SEEDS OF HOPE HOUSING INC reported $102k in total revenue and $208k in total expenses on its IRS Form 990.

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