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PeerBasis
Compensation Comparability Determination

Northeastern Economic Development Company Of Pa

Executive Director / CEO

EIN 010687154
PA · NTEE S31
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of William Rinaldi, Executive Director / CEO ($50,000) against every comparable organization that fit the selection criteria — 87 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 40th percentile of comparable organizationswithin the typical range

Benchmarked executive: William Rinaldi — reported title “PRESIDENT AND EXECUTIVE DIREC”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

87 organizations qualified on sector, size, and geography 87 within the band form the benchmarked peer set.

Distribution of comparable compensation

$55 total compensation of comparable organizations → $233,808 $50,000
$8,98810th
$28,20725th
$63,737Median
$89,46375th
$121,47990th
$50,000This org · 40th
p10$8,988
p25$28,207
p50$63,737
p75$89,463
p90$121,479
$50,000

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 PA cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Aransas County Partnership Edc TX$247,377 President $126,000 $122,763 2024
Natick Center Associates Inc MA$247,738 Executive Di $21,875 $19,146 2024
Foundation For A Sustainable Community VA$246,477 Ceo $16,000 $15,047 2024
Main-dempster Mile IL$245,988 Executive Director $75,000 $71,817 2024
City Of Kingston Local Development NY$249,090 Executive Director $17,348 $15,268 2024
East Falls Development Corporation PA$251,481 Exec Director $77,449 $75,227 2024
Stevens County Eic Inc MN$241,904 Executive Di $117,188 $112,785 2024
Development Chenango Corporation NY$252,762 Executive Director $16,323 $14,791 2023
Parkrose Npi OR$241,082 Executive Dir. $48,750 $44,095 2024
Plainfield Central Business District Management Co NJ$253,657 Executive Director $88,846 $77,263 2024
Midtown Elizabeth District Management Corporation Inc NJ$253,742 Executive Director $84,904 $73,835 2024
Tww Nyc Solidarity Inc NY$240,000 President $101,737 $89,542 2024
Urban City Codes Technology And Community Resource OH$238,007 President $45,538 $48,366 2023
Community Investment Corporation IL$257,035 President $68,779 $65,860 2024
Campaign For A Drug Free Westside IL$260,009 Ceo $56,950 $54,533 2024
Downtown Development Corporation IL$233,430 President $24,993 $23,932 2024
Boc Development Corporation NY$261,928 President $34,036 $30,841 2023
Economic Development Unit Inc LA$232,038 President $50 $55 2023
Tampa Bay Partnership For Regional FL$231,371 President & Ceo $14,175 $12,970 2024
Circle Of Life Development Foundation CA$230,432 Cheif Executive Officer $45,000 $43,811 2021
Custer Economic Development NE$267,078 Executive Di $56,500 $59,189 2024
Keystone Community Corporation MO$225,809 President $8,250 $8,511 2024
Aaa Residential Resources Inc TN$269,539 President And Executive Director $50,000 $51,191 2024
Klamath Falls Downtown Association OR$224,126 Executive Director $44,440 $41,384 2023
Downtown Eau Claire Inc WI$272,356 Executive Di $2,179 $2,216 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to PA cost of living and 2023 dollars. Click any organization to verify the figure on ProPublica.

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 PA 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 default40th
Total compensation (D + F), as reported (no adjustments)39th
Reportable pay only (column D), adjusted45th
All sources (D + E + F), adjusted25th

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 (William Rinaldi) 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 87 similarly situated organizations (Same NTEE sector (S31), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $50,000 is reasonable (approximately the 40th 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). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. 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.