THE WELLESLEY HOUSING DEVELOPMENT (WHDC) IS A NON-PROFIT CORPORATION AUTHORIZED BY THE 1997 ANNUAL TOWN MEETING AND ESTABLISHED BY SPECIAL LEGISLATION ENACTED IN 1998 BY THE GENERAL COURT TO CREATE AND PRESERVE AFFORDABLE HOUSING (DEFINED AS HOUSING FOR INDIVIDUALS OR FAMILIES WITH INCOME AT LESS THAN 80% OF THE REGION'S MEDIAN INCOME) IN WELLESLEY. THE WHDC WAS FORMED TO FOCUS ON CREATIVE WAYS TO INCREASE AND PRESERVE AFFORDABLE HOUSING IN WELLESLEY THROUGH PARTNERSHIPS & THROUGH ITS OWN.
Reported officers (all unpaid)
No paid executives reported in 2023. WELLESLEY HOUSING DEVELOPMENT CORPORATION reported 5 unpaid officers and board members on its 990.
Revenue and expenses over time
WELLESLEY HOUSING DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.
What Housing & Shelter executives earn in Massachusetts
WELLESLEY HOUSING DEVELOPMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Massachusetts earns a median of $53,685.
These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 338 organizations across 338 filings (2021 – 2024).
See full Housing & Shelter pay data for Massachusetts →Common questions about WELLESLEY HOUSING DEVELOPMENT CORPORATION
What are WELLESLEY HOUSING DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, WELLESLEY HOUSING DEVELOPMENT CORPORATION reported $17k in total revenue and $4k in total expenses on its IRS Form 990.
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