Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 257

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 257
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 directors, or committees performing similar
functions. Until formal committees are established, our entire board of directors will perform the same functions as an audit, nominating
and compensation committee.

DIRECTORS
AND EXECUTIVE OFFICERS

The
name, age and titles of our executive officers and directors are as follows:

    Name
and Address of Executive
    
    Officer
    and/or Director
     
    Age
     
    Position

    Vincent
    C. Simonelli
     
    59
     
    President,
    Treasurer, and Director (Principal Executive, Financial and Accounting Officer)
  
    Christopher
    Dietrich, Esq.
     
    78
     
    SEC
    Council, Director
  
    Richard
    Pezzullo
     
    67
     
    Director
  
    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-