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

Covenant International Foundation

Executive Director / CEO

EIN 133124706
NY · NTEE L41Z
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of William Bedrossian, Executive Director / CEO ($37,308) against every comparable organization that fit the selection criteria — 71 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 24th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: William Bedrossian — reported title “PRESIDENT & CEO AS OF FEB 2023”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

71 organizations qualified on sector, size, and geography 71 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,112 total compensation of comparable organizations → $166,110 $37,308
$19,35510th
$43,37025th
$62,127Median
$76,69575th
$89,72890th
$37,308This org · 24th
p10$19,355
p25$43,370
p50$62,127
p75$76,695
p90$89,728
$37,308

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 NY 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
Audrain County Shelter Resource Coalition MO$270,203 Director $54,158 $61,658 2024
Geauga Faith Rescue Mission Inc OH$261,428 Executive Director $55,250 $62,901 2024
Murfreesboro Rescue Mission Inc TN$271,580 Executive Di $46,800 $52,878 2024
Family Promise Of Grayson County TX$260,437 Executive Di $57,780 $62,127 2024
Metro Womens Center MN$273,758 Center Director $58,826 $60,869 2025
Collective Chicago IL$257,496 President $65,769 $69,502 2024
Greater Westfield Mass Committee For The Homeless Inc MA$256,368 Executive Director $65,730 $65,366 2023
Hope House Of Mcalester Inc OK$256,012 Executive Dir. $32,337 $39,405 2023
Gateway House Inc DE$277,511 Executive Director $73,489 $79,632 2023
Helping Hands-interfaith Coalition For NY$278,522 Executive Director $68,499 $66,534 2024
The Haven Of Manitowoc County Inc WI$278,915 Executive Director $62,250 $69,881 2024
Community Homeless Outreach TN$280,112 Director $53,989 $62,802 2023
Tims Clube IA$252,434 Administrator $5,967 $7,023 2024
Dupage Housing Solutions Inc IL$282,438 President & Ceo $7,460 $7,883 2024
Family Promise Of Bradley County TN$282,567 Executive Director $52,525 $59,346 2024
Brothers Keeper Inc IN$249,691 Facility Manager $48,508 $54,986 2024
Washtenaw Housing Alliance MI$284,243 Executive Di $103,370 $118,074 2023
Visitation House Ministriesinc TX$247,127 Executive Dir. $87,612 $96,986 2023
Murfreesboro Cold Patrol Inc TN$247,120 Executive Director $42,039 $48,902 2023
The Winter Sanctuary Inc OH$286,321 Executive Di $41,577 $47,335 2024
Bethel House Of Whitewater Inc WI$245,566 Director Of Case Management $48,750 $54,726 2024
Bethany House Inc NY$287,235 Director $57,700 $56,045 2024
Samaritan Homeless Interim Program Inc NJ$288,831 Founding Executive Director $81,147 $77,878 2024
Mattoon Area Pads Community IL$241,802 Exec Dir $74,287 $78,503 2024
Northwoods Alliance For Temporary WI$291,100 Executive Di $68,900 $77,346 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY 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 NY 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 default24th
Total compensation (D + F), as reported (no adjustments)25th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted100th

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 (William Bedrossian) 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 71 similarly situated organizations (Same NTEE sector (L41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $37,308 is reasonable (approximately the 24th 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.