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PeerBasis
Compensation Comparability Determination

Lamoille Economic Development Corp

Executive Director / CEO

EIN 030221525
VT · NTEE S41
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Patrick Ripley, Executive Director / CEO ($95,000) against every comparable organization that fit the selection criteria — 456 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 77th percentile of comparable organizationswithin the typical range

Benchmarked executive: Patrick Ripley — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

456 organizations qualified on sector, size, and geography 456 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $433,067 $95,000
$14,49110th
$40,76725th
$65,536Median
$91,83375th
$129,60090th
$95,000This org · 77th
p10$14,491
p25$40,767
p50$65,536
p75$91,833
p90$129,600
$95,000

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 VT 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
Order Of The Engineer Inc AZ$225,594 Executive Director $73,650 $72,234 2024
North Carolina Motorsports NC$226,226 Executive Di $60,000 $63,224 2024
German American Business Assoc Of Calif CA$226,244 Executive Director $48,692 $42,878 2024
United Vegetable Growers Cooperative CA$225,143 Ceo $250,000 $220,151 2024
Misquamicut Business Association RI$226,497 Executive Di $56,300 $55,054 2024
Nevada Petroleum Marketers & UT$224,761 State Execut $80,285 $83,797 2024
Shoreline Chamber Of Commerce CT$226,889 President $72,500 $69,323 2024
Denver Petroleum Club Inc CO$224,516 Executive Director $90,000 $88,008 2024
New Mexico Independent Power Producers AZ$227,260 Director $182,733 $179,219 2024
Fine Chocolate Industry Association WA$227,361 Executive Dir. $56,667 $53,267 2023
Welding Research Council Inc OH$224,007 Secretary $25,000 $27,800 2023
Western Medical Center CA$223,931 Chief Of Staff $60,000 $54,397 2023
Creative Enterprise Zone MN$223,848 Executive Di $91,528 $92,231 2024
Icti C A R E Foundation Inc NY$223,734 Bookkeeper $132,215 $121,839 2024
Development Partner Institute Inc IL$227,747 Executive Di $102,073 $102,337 2024
Blair Chiropractic Membership AL$223,589 Executive Director $66,824 $73,622 2024
Orange Chamber Of Commerce TX$227,908 President & Ceo $77,218 $78,772 2024
Veterinary Specialty Practice Alliance Inc OH$223,460 Executive Director $62,400 $67,400 2024
Airport Gateway Business Association WI$228,260 Executive Dir. $105,325 $112,176 2024
Next Generation In Trucking Association KY$223,098 President $141,413 $159,515 2023
The Lower Niagara River Region Chamber NY$222,922 Past President $82,458 $75,987 2024
Nw High Performance OR$222,514 Executive Dir. $134,514 $131,154 2023
Main Street Texarkana TX$229,139 Executive Dir. $60,320 $61,534 2024
Metropolitan Memphis Hotel & TN$229,231 President $165,000 $176,873 2024
Rogue Valley Vintners OR$222,028 Executive Director $80,500 $78,490 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VT cost of living and 2025 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 VT 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 default77th
Total compensation (D + F), as reported (no adjustments)77th
Reportable pay only (column D), adjusted74th
All sources (D + E + F), adjusted73rd

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 (Patrick Ripley) 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 456 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $95,000 is reasonable (approximately the 77th 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.