Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

St Elizabeth Development Corporation

Executive Director / CEO

EIN 050506057
RI · NTEE S47
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Matthew R Trimble, Executive Director / CEO ($25,026) against every comparable organization that fit the selection criteria — 34 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 38th percentile of comparable organizationswithin the typical range

Benchmarked executive: Matthew R Trimble — reported title “PRESIDENT & CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

34 organizations qualified on sector, size, and geography 34 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,676 total compensation of comparable organizations → $177,766 $25,026
$8,45510th
$16,30925th
$31,516Median
$64,87475th
$110,89790th
$25,026This org · 38th
p10$8,455
p25$16,309
p50$31,516
p75$64,874
p90$110,897
$25,026

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
Nnhsc Title Holding Corp IL$102,000 Chief Executive Officer $24,636 $25,259 2024
Cara Holdings Inc CT$100,000 President & Secretary $16,942 $16,566 2024
Littlemore Properties Corporation NE$104,407 President $8,298 $9,308 2024
Sip Inc IL$104,870 Chief Executive Officer $27,845 $28,549 2024
Mwh Holdings Inc CT$105,060 President $63,653 $62,241 2024
Lca Investments Inc IN$98,360 President $37,684 $42,668 2023
Ua Local No 62 Building Corporation CA$107,262 Treasurer/business Manager $125,808 $113,294 2024
145 Hudson Realty Corp CA$108,000 Executive Dir. $33,861 $31,393 2023
Turning Lives Around MN$109,125 Chief Executive Officer $41,868 $42,033 2025
Warc Properties Inc NY$94,672 Executive Director/ceo $78,895 $74,349 2024
Resource Development Center CA$94,200 Board Member $28,932 $26,824 2023
Philadelphia Real Estate Council PA$112,046 Chairman And Founder $95,437 $102,186 2023
Local 500 Building Corp MD$113,998 President $25,618 $24,978 2024
Tiuny Holdings Inc NY$89,861 Secretary $32,609 $31,638 2023
New Bridge Homes Inc MI$84,399 Secretary $1,557 $1,676 2024
Rai Development Corporation NC$84,050 Ceo $31,378 $33,812 2024
Signature Health Re Holdings Inc OH$122,456 President & Ceo $38,800 $42,858 2024
Gada Title Holding Company GA$124,440 Former Officer $56,871 $58,098 2025
Iuec Local 8 Holding Company Inc CA$78,519 President $2,910 $2,698 2023
28 Realty Inc NY$78,190 President/bus Manager $188,635 $177,766 2024
Professional Housing Corporation NY$74,600 President $114,699 $105,303 2025
Muscatine Board Of Realtors Inc IA$130,025 Executive Of $34,820 $39,761 2024
Scottish Rite Temple Of Bellingham WA$130,303 Secretary $4,950 $4,758 2023
Operative Plasterers And Cement IN$73,000 President $92,011 $101,192 2024
Building Wreckers Local 1421 Bldg Fund MA$72,160 President $133,340 $124,960 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 default38th
Total compensation (D + F), as reported (no adjustments)38th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted76th

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 (Matthew R Trimble) 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 34 similarly situated organizations (Same NTEE sector (S47), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $25,026 is reasonable (approximately the 38th 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.