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Filing year 2023

VELVA RENTAL HOUSING INC

Velva, North Dakota·EIN 45-0333793·501(c)(4)
Total revenue
$168k
Total assets
$622k
Total expenses
$216k
Reported officers
4
Mission

TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY AND FOR THAT PURPOSE TO ACQUIRE, CONSTRUCT, PROVIDE, AND OPERATE RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME OR OTHER RURAL RESIDENTS OF LOW INCOME.

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 nonprofits nationwide, across all sectors.

Director
Board Member
25th percentile to median
$7k
$7k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 3 unpaid individuals.

FAQ

Common questions about VELVA RENTAL HOUSING INC

What does the Board Member of VELVA RENTAL HOUSING INC earn?

In 2023, the Board Member of VELVA RENTAL HOUSING INC received $6,600 in total compensation. This pay is below the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at VELVA RENTAL HOUSING INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at VELVA RENTAL HOUSING INC falls between the 25th percentile and the median.

What are VELVA RENTAL HOUSING INC's revenue and expenses?

In 2023, VELVA RENTAL HOUSING INC reported $168k in total revenue and $216k in total expenses on its IRS Form 990.

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