TO PROVIDE AFFORDABLE RESIDENTIAL HOUSING FOR ELDERLY PERSONS IN TOWNSEND, MASSACHUSETTS.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Massachusetts.
| Position | Total |
|---|---|
President/treasurer 10th to 25th percentile | $15k $16k |
Clerk/resident Agent Officer (Unspecified) | $7k $8k |
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 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at TOWNSEND ELDERLY RESIDENCES INC equaled 2% 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.
Held roughly steady
over 3 years
From $15k in 2020 to $15k 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.
Chief Executive Officer pay held roughly steady from 2020 to 2023, while revenue rose 11%.
Pay for the position itself, not any one person. The officeholder may have changed between 2020 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about TOWNSEND ELDERLY RESIDENCES INC
What does the Chief Executive Officer of TOWNSEND ELDERLY RESIDENCES INC earn?
In 2023, the Chief Executive Officer of TOWNSEND ELDERLY RESIDENCES INC received $14,570 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at TOWNSEND ELDERLY RESIDENCES 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 TOWNSEND ELDERLY RESIDENCES INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at TOWNSEND ELDERLY RESIDENCES INC equaled 2% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are TOWNSEND ELDERLY RESIDENCES INC's revenue and expenses?
In 2023, TOWNSEND ELDERLY RESIDENCES INC reported $749k in total revenue and $725k in total expenses on its IRS Form 990.
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