PeerBasis
Housing & Shelter · VA

New Hope Elderly Housing Inc

New Hope Elderly Housing Inc reported paying Michael W King, President, $183,373 in total compensation (FY 2025).

That places Michael W King at approximately the 92nd percentile among 133 similarly sized housing & shelter nonprofits (median $52,973).

$1,536,968Total revenue (FY 2025)
$183,373Total executive compensation
92ndPercentile vs. peers

Setting executive pay for this board?

Generate a board-ready comparability report for New Hope Elderly Housing 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 VA cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.

OrganizationStateRevenueTotal comp
Higgins Plaza Inc CO$1,530,560 $38,694
Council Towers V Housing Development NY$1,548,857 $57,348
New Horizons Non-profit Apartments Inc MI$1,520,163 $74,265
Homestretch Nonprofit Housing MI$1,518,710 $108,782
Newset Ii Hdfc NY$1,517,729 $37,964
Glenview Elderly Housing Inc IL$1,514,212 $52,900
Housing Management Services Inc CO$1,561,762 $127,526
Pine View Housing Corporation CA$1,507,555 $19,578

View original IRS filings on ProPublica →