Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 427

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 7A
Chunk 427
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    Valerie
    Jones
     
    54
     
    Senior
    Vice-president, Board Secretary

AUDIT
COMMITTEE

We
do not have an audit committee financial expert. We do not have an audit committee financial expert because we believe the cost related
to retaining a financial expert at this time is prohibitive.

ITEM
11. EXECUTIVE COMPENSATION

The
table below summarizes all compensation awarded to, earned by, or paid to our executive officers by any person for all services rendered
in all capacities to us for the years ended December 31, 2024 and 2023.

Summary
Compensation Table

    Name
    and Principal Position 
    Year  
    Salary

    (a) ($)  
    Bonus

    ($)  
    Stock
    Awards
 ($)  
    Option
    Awards
 ($)  
    Non-Equity
    Incentive Plan Compensation
 ($)  
    All
    Other Compensation
 ($)  
    All
    Other Compensation
 ($)  
    Total

    ($) 
  
    Vincent
    C. Simonelli 
    2024  
    $80,600  
     -0-  
    $   
     -0-  
     -0-  
     -0-  
     -0-  
    $  
  
    President,
    CEO 
    2023  
    $80,600  
     -0-  
    $155,000  
    $-0-  
     -0-  
     -0-  
     -0-  
    $233,000 
  
    and
    Treasurer 

    Valerie
    Jones 
    2024  
    $71,500  
     -0-  
    $   
     -0-  
     -0-  
     -0-  
     -0-  

    Secretary 
    2023  
    $63,700  
     -0-  
    $30,000  
    $18,127  
     -0-  
     -0-  
     -0-  
    $88,600 

25

There
are no current employment agreements between the company and its officers.

Note
(a): These payroll amounts