Housing & Shelter · VA
Somerset Court Apartments Inc
Somerset Court Apartments Inc reported paying Jeffrey Reed, Ceo/president, $59,710 in total compensation (FY 2024).
That places Jeffrey Reed at approximately the 72nd percentile among 298 similarly sized housing & shelter nonprofits (median $38,658).
$321,674Total revenue (FY 2024)
$59,710Total executive compensation
72ndPercentile vs. peers
Setting executive pay for this board?
Generate a board-ready comparability report for Somerset Court Apartments Inc — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.
Build the comparability report →Comparable housing & shelter nonprofits
Compensation is normalized to VA cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| Chadwick Apartments Inc | NC | $320,374 | $16,514 |
| Second Wind Cottages Inc | NY | $319,875 | $26,111 |
| Community Home Builders And Associates | CA | $319,711 | $57,049 |
| Heartland Sawyer Gardens Inc | IL | $324,810 | $66,117 |
| Metropolitan Housing Coalition Inc | KY | $326,752 | $86,235 |
| Mid-peninsula Coastside Inc | CA | $327,693 | $54,931 |
| Girard Lutheran Housing Corporation | PA | $315,473 | $41,791 |
| American Housing Preservation | TN | $328,072 | $4,355 |