Comparability preview
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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 →
| Organization | State | Revenue | Total comp | Filing |
|---|---|---|---|---|
| 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.