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

East Bay Realty Corporation Ii

Executive Director / CEO

EIN 050517019
RI · NTEE L22
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Rilwan Feyisitan Jr, Executive Director / CEO ($7,499) against every comparable organization that fit the selection criteria — 77 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 8th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Rilwan Feyisitan Jr — reported title “PRESIDENT AND CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

77 organizations qualified on sector, size, and geography 77 within the band form the benchmarked peer set.

Distribution of comparable compensation

$594 total compensation of comparable organizations → $155,706 $7,499
$8,95410th
$14,40925th
$26,437Median
$60,39275th
$68,34990th
$7,499This org · 8th
p10$8,954
p25$14,409
p50$26,437
p75$60,392
p90$68,349
$7,499

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
Groton Village Housing Inc VT$125,732 Executive Director $22,748 $24,584 2023
South Fulton Affordable Housing Developm GA$125,552 Executive Director $47,892 $50,220 2024
Meadowood Glen Ii Limited ID$131,676 Executive Director $16,468 $18,809 2023
Kalispell Senior Housing Inc MN$132,703 President/tr $68,006 $68,273 2025
Blossom Village Housing Development Fund NY$133,214 President/ceo $36,309 $34,217 2024
Worthington Senior Housing Inc MN$133,520 President $65,715 $67,719 2024
Crawford Commons Apartments Inc MO$120,831 Cfo $99,373 $113,007 2023
Sweetwater Housing Development Inc TN$134,750 Secretary/treasurer $50,000 $54,811 2024
Trinity Village Non-profit Housing MI$135,855 Executive Director $38,786 $42,984 2023
Glenpark Manor Development OH$119,250 Ceo $5,477 $6,229 2023
Thi-13 Inc IL$118,252 Chief Executive Officer $29,764 $31,418 2023
Options Properties Inc MA$137,025 Executive Director $5,282 $4,950 2024
Ltc Ii Inc IN$117,897 President $61,499 $65,892 2025
St Charles Place Manor Inc FL$137,881 Member / Ceo $21,896 $21,452 2024
Prairie Homes Inc IL$138,653 Ceo/prof Associate $594 $594 2025
Ken-crest Housing Pa 99 Inc PA$140,680 Ceo $29,531 $30,712 2024
Hillside Apartments Phase Ii MI$143,347 Administrator $8,247 $8,877 2024
Oak View Apartments Inc MN$111,623 Administrator $31,555 $32,517 2024
Lifetime Community Apartments Inc NY$144,146 President & Ceo $19,027 $17,931 2024
Egida Del Policia Inc PR$109,598 President $6,000 $6,177 2023
Bethany Inc MI$108,731 President $1,500 $1,615 2024
Shrewsbury Housing Inc PA$146,571 Interim President, Ceo/coo $17,059 $17,741 2024
Partridge Place Apartments MO$146,845 President & Ceo $19,685 $22,385 2023
Nassau Senior Housing Development NY$107,794 Executive Director (To Dec 2023) $11,334 $10,997 2023
Vesta Pelden Inc MD$107,327 President $21,417 $20,882 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 default8th
Total compensation (D + F), as reported (no adjustments)9th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted51st

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 (Rilwan Feyisitan Jr) 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 77 similarly situated organizations (Same NTEE sector (L22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $7,499 is reasonable (approximately the 8th 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.