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Filing year 2023

WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION

New York, New York·EIN 13-3275044·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$2M
Total assets
$12.3M
Total expenses
$1.9M
Reported officers
3
Mission

WALKER STREET - CHUNG PAK LOCAL DEVELOPMENT CORPORATION (THE "CORPORATION") WAS INCORPORATED IN THE STATE OF NEW YORK ON MARCH 28, 1985 UNDER SECTION 1411 OF THE NOT-FOR-PROFIT CORPORATION LAW. WALKER STREET - CHUNG PAK LOCAL DEVELOPMENT CORPORATION WAS ORGANIZED TO IMPROVE THE QUALITY OF LIFE OF THE RESIDENTS OF COMMUNITY BOARDS NO. 1, 2, AND 3 BY DEVELOPING, OPERATING AND MAINTAINING COMMERCIAL FACILITIES.

Executive compensation, broken down

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 nationwide.

Acting Chair
Board Chair
Above 90th percentile
$215k
$242k
Base
$215k
Bonus
Other
Benefits

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 2 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION equaled 12% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
12%
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 41%
from 2022

From $153k in 2022 to $215k in 2023.

$153k
2022
$215k
2023
In today's dollarsEst.
Up 36% in real terms$178k to $242k

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.

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 WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION

What does the Board Chair of WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION earn?

In 2023, the Board Chair of WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION received $215,384 in total compensation. This pay is in the top 10% for Board Chair roles among Housing & Shelter organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Board Chair at WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION falls in the top 10%. In 2023, the highest total compensation at WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION equaled 12% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, WALKER STREET CHUNG PAK LOCAL DEVELOPMENT CORPORATION reported $2M in total revenue and $1.9M in total expenses on its IRS Form 990.

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