Hearthway Inc

Housing & shelter organization based in Pittsfield, MA. 90 employees. Exempt under §501(c)(3).

MissionDevelopment and operation of housing and community development projects and programs that benefit low and moderate income people. Most significant current activities are developing affordable housing, administering the Section 8 HCV Program, administering housing assistance

Financial snapshot · TY 2023

$3.7M
Total revenue
$3.5M
Total expenses
$8.3M
Net assets

Financial health · TY 2023

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
26.3 months of expenses
Program efficiency
91
86.3% spent on programs
Revenue diversity
17
Mix of program fees, grants & contributions

Leadership compensation

$221,978
89th percentile vs. peers

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Hearthway Inc Executive Compensation | 990 Data | DoubleNine