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Filing year 2023

VIP RJP HOUSING DEVELOPMENT FUND CORPORATION

Bronx, New York·EIN 02-0698509·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$403k
Total assets
$4.1M
Total expenses
$586k
Reported officers
8
Mission

TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS IN THE SOUTH BRONX, NY.

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 New York.

President/ceo
25th percentile to median
$30k
$34k
CFO
25th percentile to median
$23k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VIP RJP HOUSING DEVELOPMENT FUND CORPORATION equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
5%
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 41%
from 2022

From $51k in 2022 to $30k in 2023.

$51k
2022
$30k
2023
In today's dollarsEst.
Down 43% in real terms$59k to $34k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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 41% from 2022 to 2023, while revenue rose 115%.

$51k in 2022 to $30k in 2023.
  • Chief Financial Officer pay fell 36% 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 VIP RJP HOUSING DEVELOPMENT FUND CORPORATION

What does the Chief Executive Officer of VIP RJP HOUSING DEVELOPMENT FUND CORPORATION earn?

In 2023, the Chief Executive Officer of VIP RJP HOUSING DEVELOPMENT FUND CORPORATION received $29,966 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VIP RJP HOUSING DEVELOPMENT FUND CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New York, the 2023 pay of the Chief Executive Officer at VIP RJP HOUSING DEVELOPMENT FUND CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at VIP RJP HOUSING DEVELOPMENT FUND CORPORATION equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are VIP RJP HOUSING DEVELOPMENT FUND CORPORATION's revenue and expenses?

In 2023, VIP RJP HOUSING DEVELOPMENT FUND CORPORATION reported $403k in total revenue and $586k in total expenses on its IRS Form 990.

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