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PeerBasis
Compensation Comparability Determination

St Bernard Economic Development Foundat

Executive Director / CEO

EIN 113712951
LA · NTEE S31
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Meaghan Mccormack, Executive Director / CEO ($130,500) against every comparable organization that fit the selection criteria — 102 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 97th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Meaghan Mccormack — reported title “CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

102 organizations qualified on sector, size, and geography 102 within the band form the benchmarked peer set.

Distribution of comparable compensation

$50 total compensation of comparable organizations → $211,746 $130,500
$8,49910th
$26,40425th
$52,320Median
$81,40975th
$110,78890th
$130,500This org · 97th
p10$8,499
p25$26,404
p50$52,320
p75$81,409
p90$110,788
$130,500

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 LA 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
Plano Improvement Corporation TX$344,804 President $63,191 $55,758 2024
Springfield Cultural Partnership Inc MA$340,593 Exec Director $93,855 $72,478 2025
Renewable Manufactuing Gateway PA$340,108 Executive Director $87,400 $76,883 2024
The Urban Conservancy LA$346,884 Executive Director $106,463 $103,409 2024
West Lakes Partnership Inc FL$339,188 Executive Di $89,000 $73,751 2024
West Line Corridor Collaborative CO$337,562 Executive Director $108,000 $91,349 2024
Stockyards Preservation Foundation Of Fort Worth TX$349,457 Secretary & Treasurer $6,000 $5,294 2024
Havenwoods Neighborhood Partnership Inc WI$349,541 Executive Director $86,084 $81,646 2023
Bee Area Partnership Inc TX$336,125 Ceo $143,750 $130,588 2023
The Experience Community Development Corp CA$353,065 Crawford, Director $51,624 $39,322 2024
Washington Heights And Inwood NY$332,663 Executive Director $115,195 $94,533 2023
Penn's Northeast Inc PA$332,073 President/ceo $140,538 $120,438 2025
Okmulgee Area Development Corp OK$354,623 Former Exec Dir $25,600 $24,866 2024
Forward Foundation Inc WI$356,970 President (Until 3/1/24) $6,011 $5,395 2025
Redec Relending Corporation NY$357,766 President $9,491 $7,565 2024
Vaya Verde NM$328,170 Executive Di $68,731 $67,134 2023
Brightwood Development Corporation MA$327,011 Clerk $16,300 $13,302 2023
Opportunity Transformation Investments IL$326,850 President $30,240 $26,224 2024
Regional Economic Development PA$323,611 President $67,544 $59,415 2024
Borderplex Bi-national Economic TX$365,089 Ceo $13,770 $12,150 2024
District 6 Planning Council MN$365,848 Executive Director $92,872 $80,949 2024
Algiers Economic Development Foundation LA$318,937 Former Executive Director $72,042 $68,171 2025
Aerozone Alliance OH$314,982 Executive Director $226,641 $211,746 2024
Maya Economic Development Corporation NE$371,950 Ceo/director $1,057 $1,032 2023
Boston Farms Community Land Trust Inc MA$374,952 Clerk $89,071 $75,670 2022

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to LA 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 LA 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 default97th
Total compensation (D + F), as reported (no adjustments)91st
Reportable pay only (column D), adjusted97th
All sources (D + E + F), adjusted85th

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 (Meaghan Mccormack) 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 102 similarly situated organizations (Same NTEE sector (S31), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $130,500 is reasonable (approximately the 97th 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.