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Filing year 2023

Warm Hearth Inc

Blacksburg, Virginia·EIN 23-7378013·NTEE L200 · Housing & Shelter·3
Total revenue
$2.9M
Total assets
$13.8M
Total expenses
$3M
Reported officers
24
Mission

THE CORPORATION PROVIDES SUPERVISION, MANAGEMENT AND DEVELOPMENT SERVICES TO A SENIORS HOUSING COMMUNITY WHICH IS OPERATED BY 501(C)(3) AND 501(C)(4) ORGANIZATIONS AND PROVIDES HOUSING TO APPROXIMATELY 500 ELDERLY AND HANDICAPPED PERSONS.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

President and CEO
$191k
$209k
Base
$172k
Bonus
$14k
Other
Benefits
Base
$130k
Bonus
$19k
Other
Benefits
VP of Philanthropy
vice president
$123k
$135k
Director of Network Services
highest compensated employee
$111k
$121k
RN Director
highest compensated employee
$110k
$120k
Showalter Admin
highest compensated employee
$106k
$116k
Director of Nursing
highest compensated employee
$106k
$115k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 17 unpaid individuals.

Browse compensation in Housing & Shelter

Up 30%
from 2022

From $147k in 2022 to $191k in 2023.

$147k
2022
$191k
2023
In today's dollarsEst.
Up 25% in real terms$167k to $209k

Estimated with BLS CPI-U for the South region, 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.
Financial trend

Revenue and expenses over time

Warm Hearth Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.1M
$2.9M
2022
$2.9M
$3M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Virginia

Comparable housing & shelter organizations in Virginia pay their highest-earning executive a median of $33,430.

25th percentile
$19k
Median
$33,430
75th percentile
$97k
90th percentile
$174k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 55 organizations across 55 filings (2022 – 2023).

See full Housing & Shelter pay data for Virginia
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