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PeerBasis
Compensation Comparability Determination

28 Realty Inc

Executive Director / CEO

EIN 133477290
NY · NTEE S47
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Eric Meslin, Executive Director / CEO ($188,635) against every comparable organization that fit the selection criteria — 29 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: Eric Meslin — reported title “PRESIDENT/BUS MANAGER”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

29 organizations qualified on sector, size, and geography 29 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,378 total compensation of comparable organizations → $200,073 $188,635
$8,47410th
$17,57925th
$30,294Median
$66,04775th
$113,43890th
$188,635This org · 97th
p10$8,474
p25$17,579
p50$30,294
p75$66,047
p90$113,438
$188,635

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
Iuec Local 8 Holding Company Inc CA$78,519 President $2,910 $2,863 2023
Professional Housing Corporation NY$74,600 President $114,699 $111,742 2025
Operative Plasterers And Cement IN$73,000 President $92,011 $107,379 2024
Rai Development Corporation NC$84,050 Ceo $31,378 $35,880 2024
Building Wreckers Local 1421 Bldg Fund MA$72,160 President $133,340 $132,601 2024
New Bridge Homes Inc MI$84,399 Secretary $1,557 $1,778 2024
Isles Properties Inc NJ$69,346 Managing Director $17,499 $17,801 2023
Ablegamers Holding Limited WV$69,120 President $14,367 $17,215 2024
Tiuny Holdings Inc NY$89,861 Secretary $32,609 $33,572 2023
Resource Development Center CA$94,200 Board Member $28,932 $28,464 2023
Cmh Holding Co MD$61,933 Ceo - Retired 2/23 $187,831 $200,073 2023
Warc Properties Inc NY$94,672 Executive Director/ceo $78,895 $78,895 2024
Aft-oregon Building Trust Inc OR$60,654 President $1,341 $1,378 2024
Unlimited Potential Properties Inc NY$59,579 Chief Executive Officer $13,438 $13,835 2023
Lca Investments Inc IN$98,360 President $37,684 $45,277 2023
Xuprop Co - Plaza OH$57,830 President (Start 09/22) $53,071 $64,043 2023
Cara Holdings Inc CT$100,000 President & Secretary $16,942 $17,579 2024
Local 108 Realty Corporation NJ$55,175 Trustee $24,089 $23,801 2024
Nnhsc Title Holding Corp IL$102,000 Chief Executive Officer $24,636 $26,803 2024
St Elizabeth Development Corporation RI$102,156 President & Ceo $25,026 $26,556 2024
Will County Community Action IL$53,465 Fiscal Agent $9,683 $10,846 2023
Littlemore Properties Corporation NE$104,407 President $8,298 $9,877 2024
Sip Inc IL$104,870 Chief Executive Officer $27,845 $30,294 2024
Mwh Holdings Inc CT$105,060 President $63,653 $66,047 2024
Ua Local No 62 Building Corporation CA$107,262 Treasurer/business Manager $125,808 $120,221 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 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 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 default97th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted93rd

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 (Eric Meslin) 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 29 similarly situated organizations (Same NTEE sector (S47), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $188,635 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.