Skip to main content
Filing year 2023

WELLSPRING BRIDGE APARTMENTS

Louisville, Kentucky·EIN 20-8284525·NTEE L21 · Housing & Shelter·501(c)(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 · 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 Kentucky.

Chief Executive Officer
10th to 25th percentile
$14k
$15k
Chief Financial Officer
Below 10th percentilevs Housing & Shelter peers nationwide
$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

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WELLSPRING BRIDGE APARTMENTS equaled 16% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
16%
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 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.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 15%.

$13k in 2022 to $14k in 2023.
  • Chief Financial Officer pay held roughly steady 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 WELLSPRING BRIDGE APARTMENTS

What does the Chief Executive Officer of WELLSPRING BRIDGE APARTMENTS earn?

In 2023, the Chief Executive Officer of WELLSPRING BRIDGE APARTMENTS received $13,611 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in Kentucky, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WELLSPRING BRIDGE APARTMENTS compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Kentucky, the 2023 pay of the Chief Executive Officer at WELLSPRING BRIDGE APARTMENTS falls between the 10th and 25th percentiles. In 2023, the highest total compensation at WELLSPRING BRIDGE APARTMENTS equaled 16% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are WELLSPRING BRIDGE APARTMENTS's revenue and expenses?

In 2023, WELLSPRING BRIDGE APARTMENTS reported $67k in total revenue and $88k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.