PeerBasis
Comparability preview

Magnet Lending Corporation

EIN 854188860 · MI · NTEE S31 · revenue $1,930,996 · FY 2024-12-31

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12th percentile

We compared this Executive Director / CEO's pay to 74 similar community improvement nonprofits of about the same size, adjusted for MI cost of living and inflation.

ERIC HANNA · reported title "PRESIDENT & CEO; DIRECTOR".

How we chose them
Every comparable organization in the band — 74 in total — matched by Same NTEE sector (S31), nationwide + budget 0.71–1.4× revenue, and selected by rule, not hand-picked. Peer pay is normalized to MI cost of living (BEA Regional Price Parities) and to the subject's filing year (CPI-U). Full methodology →
OrganizationStateRevenueTotal compFiling
Endeavor Miami Inc FL $1,939,183 $330,344 990 →
Centerstate Development Foundation Inc NY $1,915,997 $178,556 990 →
Capitalplus Exchange Corporation IL $1,915,652 $231,840 990 →
University City Partners NC $1,958,487 $207,220 990 →
Historic East Baltimore MD $1,959,773 $93,657 990 →
🔒 +69 more comparable organizations — the full peer set, sources, and CSV export are included in your board report.
Generate the board-ready determination

A formatted PDF with the full 74-organization peer set, the distribution, the methodology, and ready-to-adopt 26 CFR 53.4958-6 board-minutes language — timestamped to attach to your minutes. A screenshot of a webpage isn't board minutes.

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