PeerBasis
Housing & Shelter · MN

The Homestead At Rochester Inc

The Homestead At Rochester Inc reported paying King Michael W, President, $179,300 in total compensation (FY 2024).

That places King Michael W at approximately the 30th percentile among 50 similarly sized housing & shelter nonprofits (median $227,459).

$26,118,873Total revenue (FY 2024)
$179,300Total executive compensation
30thPercentile vs. peers

Setting executive pay for this board?

Generate a board-ready comparability report for The Homestead At Rochester Inc — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.

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Comparable housing & shelter nonprofits

Compensation is normalized to MN cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.

OrganizationStateRevenueTotal comp
The Caritas Corporation CA$26,045,405 $228,591
Friendship Haven Inc IA$26,304,157 $288,213
Foundation Communities Group Return TX$25,916,885 $24,715
Chicago Low Income Housing Trust Fund IL$25,515,409 $140,740
Heron's Key WA$25,470,139 $46,696
Columbus Housing Partnership Inc OH$26,809,574 $282,425
Archdiocesan Housing Authority WA$26,837,078 $177,157
Columbus Property Management And PA$26,859,137 $176,248

View original IRS filings on ProPublica →