Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 23

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 23
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.

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 represent allocated payroll paid by a subsidiary company.

CHANGE
OF CONTROL

As
of December 31, 2024, we had no pension plans or compensatory plans or other arrangements which provide compensation in the event of
a termination of employment or a change in our control.

ITEM
12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL