Lake Norman Community Development
Lake Norman Community Development's latest filing in the PeerBasis snapshot reports a Part VII D + F figure of $46,500 for Michelle Hoverson, Executive Di (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 $47,724. It is higher than the D + F figure for 30 of 114 peer organizations selected under the disclosed tier Same NTEE sector (S31), nationwide + size band 0.67–1.5× revenue (approximately 26%; median $85,595). This is descriptive, not a reasonableness conclusion.
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Review the selected comparables for Lake Norman Community Development, 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 0.67–1.5× 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) |
|---|---|---|---|
| Colorado Thrives | CO | $497,226 | $160,173 |
| Eastern Iowa Community College District | IA | $496,087 | $43,981 |
| Rebuilding Together Metro Denver Inc | CO | $501,462 | $104,901 |
| Atlantic Avenue District Management | NY | $503,378 | $90,592 |
| Great River Economic Dev Foundation | IL | $503,489 | $99,394 |
| Akron Development Corporation | OH | $489,718 | $56,563 |
| Avatar Non-profit Inc | FL | $475,621 | $4,680 |
| The Downtown Shareholders Of Kansas | KS | $521,757 | $61,282 |
View the organization record and available filings on ProPublica