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Filing year 2023

WELLSPRING BRIDGE APARTMENTS

Louisville, Kentucky·EIN 20-8284525·NTEE L21 · Housing & Shelter·3
Total revenue
$67k
Total assets
$689k
Total expenses
$88k
Reported officers
6
Mission

TO PROVIDE AFFORDABLE HOUSING FOR EIGHT MEN AND WOMEN WITH MENTAL ILLNESS

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Base salaryExecutive compensation
Chief Executive Officer
$14k
$15k
Chief Financial Officer
$6k
$7k

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 4 unpaid individuals.

Browse compensation in Housing & Shelter

Up 5%
from 2022

From $13k in 2022 to $14k in 2023.

$13k
2022
$14k
2023
In today's dollarsEst.
Roughly flat in real terms$15k to $15k

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

WELLSPRING BRIDGE APARTMENTS reported revenue and expenses across 2 filing years.

RevenueExpenses
$58k
$89k
2022
$67k
$88k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Kentucky

Comparable housing & shelter organizations in Kentucky pay their highest-earning executive a median of $68,312.

25th percentile
$38k
Median
$68,312
75th percentile
$106k
90th percentile
$174k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 75 organizations across 75 filings (2021 – 2024).

See full Housing & Shelter pay data for Kentucky
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