Magnet Lending Corporation
Magnet Lending Corporation's latest filing in the PeerBasis snapshot reports a Part VII D + F figure of $39,267 for Eric Hanna, President & Ceo; Director (FY 2024). Column F can include amounts from the filing and related organizations.
After indexing supported filing years to 2025 comparison dollars, the subject figure is $40,300. It is higher than the D + F figure for 7 of 76 peer organizations selected under the disclosed tier Same NTEE sector (S31), nationwide + size band 0.71–1.4× revenue (approximately 9%; median $134,412). This is descriptive, not a reasonableness conclusion.
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Review the selected comparables for Magnet Lending Corporation, then prepare a source-linked report and bracketed documentation worksheet for the board to verify and complete.
Review the peer setSelected peer organizations
Actual selection tier: Same NTEE sector (S31), nationwide + size band 0.71–1.4× revenue. Displayed D + F figures from supported filing years are indexed to 2025 comparison dollars with BLS CPI-U; a nationwide tier also uses 2024 BEA RPP as a consumer price-level proxy when both the subject and peer have supported state codes. Unsupported state codes receive no interstate adjustment. Comparison values can differ from the raw filing. Column F may include related-organization amounts.
| Organization | State | Revenue | D + F (2025 dollars) |
|---|---|---|---|
| Endeavor Miami Inc | FL | $1,939,183 | $346,570 |
| Centerstate Development Foundation Inc | NY | $1,915,997 | $186,625 |
| Capitalplus Exchange Corporation | IL | $1,915,652 | $240,319 |
| University City Partners | NC | $1,958,487 | $216,727 |
| Buffalo & Erie County Industrial Land | NY | $1,959,909 | $39,558 |
| Philadelphia Accelerator Fund | PA | $1,898,965 | $141,623 |
| Brick Capital Community Development | NC | $1,887,519 | $83,759 |
| Greater Rochester Enterprise | NY | $1,978,158 | $55,932 |
View the organization record and available filings on ProPublica