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PeerBasis
Compensation Comparability Determination

Clark Shores Water Corporation

Executive Director / CEO

EIN 010654140
MA · NTEE Y22
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Patricia Welch, Executive Director / CEO ($3,160) against every comparable organization that fit the selection criteria — 17 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 41st percentile of comparable organizationswithin the typical range

How comparable organizations were selected

17 organizations qualified on sector, size, and geography 17 within the band form the benchmarked peer set.

Distribution of comparable compensation

$423 total compensation of comparable organizations → $31,062 $3,160
$53810th
$97225th
$7,191Median
$13,35875th
$19,91890th
$3,160This org · 41st
p10$538
p25$972
p50$7,191
p75$13,358
p90$19,918
$3,160

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to MA cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateTotal revenueTotal compSource
Hogan Water CorpIN $130,135$587 990
Valley Water Supply CorpTX $128,209$13,358 990
Penasco Mutual Domestic Water Consumers AssociationNM $127,309$31,062 990
Atlanta Water Association IncMS $137,303$423 990
New Escalante Irrigation CompanyUT $147,158$2,166 990
Gaines Trace Water DistrictMS $150,924$465 990
Trinity Knolls Mutual Water CompanyCA $107,270$14,210 990
South Kamas Irrigation CompanyUT $154,509$11,760 990
Sailmail AssociationCA $99,465$23,521 990
Granada Water AssociationCO $165,084$17,516 990
Paynes Water Association IncMS $92,428$6,501 990
Mountain Lakes Water & SewerGA $170,394$671 990
Bluff Dale Water Supply CorporationTX $90,859$11,212 990
Janice Water Association IncMS $173,236$12,927 990
Nibley Blacksmith Fork IrrigationUT $175,314$7,191 990
Hemmi Road Water Association IncWA $181,043$972 990
Waterworks District #1 Of MorehouseLA $185,816$2,677 990

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to MA cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default41st
Total compensation (D + F), as reported (no adjustments)41st
Reportable pay only (column D), adjusted41st
All sources (D + E + F), adjusted41st

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Patricia Welch) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 9, 2026, comparing compensation against 17 similarly situated organizations (Same NTEE sector (Y22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $3,160 is reasonable (approximately the 41st percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 9, 2026.