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PeerBasis
Compensation Comparability Determination

Coventry Housing

Executive Director / CEO

EIN 050495681
RI · NTEE L20J
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Julie A Leddy, Executive Director / CEO ($37,411) against every comparable organization that fit the selection criteria — 222 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 52nd percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

222 organizations qualified on sector, size, and geography 222 within the band form the benchmarked peer set.

Distribution of comparable compensation

$421 total compensation of comparable organizations → $241,129 $37,411
$8,92810th
$18,90625th
$35,881Median
$58,62475th
$81,35290th
$37,411This org · 52nd
p10$8,928
p25$18,906
p50$35,881
p75$58,624
p90$81,352
$37,411

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 RI 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
East 54th Street Housing Development NY$149,704 Ceo $60,217 $58,424 2023
The Meadows Of Guerin Inc IN$150,424 President/ceo $6,437 $7,079 2024
Spectrum Closter Apartments Inc NJ$148,975 President/ceo $54,495 $50,742 2024
Lss Manor Inc - Marquette WI$148,963 President $40,683 $44,310 2024
Ocl Properties Ix Inc NY$147,783 Chief Financial Officer $73,290 $69,067 2024
Housing Opportunities Made Equal MI$152,206 Executive Di $52,028 $56,005 2024
The Village At Oasis Park Phase I AZ$146,482 Ceo $47,886 $48,028 2024
New Vision Residential Services Inc KY$153,520 President/ceo $5,611 $6,287 2024
Western Wayne Affordable Housing IN$154,497 President $750 $825 2024
Fort Hill Avenue Inc MA$145,235 President (As Of 8/22/22) $2,702 $2,607 2023
Commonweal Conservancy Inc NM$154,587 President $208,804 $241,129 2023
Jefferson Park Inc MO$154,742 President & Ceo $19,685 $22,385 2023
Ocean Housing Foundation CA$144,987 Chief Executive Officer $61,000 $56,555 2023
Habitat For Humanity South Carolina SC$144,857 Executive Dir. $76,256 $85,415 2023
Cahuenga Housing Foundation CA$154,984 Chief Executive Officer $61,000 $56,555 2023
Morris County Affordable Housing NJ$144,501 Director $4,736 $4,540 2023
Salishan Apartments Inc CA$144,446 Secretary/treasurer $37,437 $34,709 2023
Asi - Fargo Inc MN$155,341 President/tr $68,006 $68,273 2025
Appleton Housing Corporation MA$143,893 President (As Of 8/22/22) $2,702 $2,607 2023
Southeastern Ohio H E A R T Inc OH$143,800 President $24,000 $26,510 2024
Phoebe Housing Inc PA$156,016 President/ceo $37,732 $40,400 2023
Merrimack Housing Corporation MA$143,623 President (As Of 8/22/22) $2,702 $2,607 2023
Hardin County Housing Development Inc OH$143,502 Maintenance Manager $43,051 $48,958 2023
F W Residential Properties Inc IL$143,152 Chair $19,355 $19,333 2025
Coyne Road Inc MA$157,172 Executive Director $19,712 $18,473 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to RI cost of living and 2024 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 RI 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 default52nd
Total compensation (D + F), as reported (no adjustments)51st
Reportable pay only (column D), adjusted81st
All sources (D + E + F), adjusted37th

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 (Julie A Leddy) 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 222 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $37,411 is reasonable (approximately the 52nd 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.