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PeerBasis
Compensation Comparability Determination

Ocl Properties Xiii Inc

Executive Director / CEO

EIN 134368171
NY · NTEE L80
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Karen Schwartz, Executive Director / CEO ($73,290) against every comparable organization that fit the selection criteria — 53 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 89th percentile of comparable organizationswithin the typical range

Benchmarked executive: Karen Schwartz — reported title “CHIEF FINANCIAL OFFICER”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

53 organizations qualified on sector, size, and geography 53 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,308 total compensation of comparable organizations → $190,464 $73,290
$12,01710th
$19,77225th
$32,709Median
$58,98875th
$73,71190th
$73,290This org · 89th
p10$12,017
p25$19,772
p50$32,709
p75$58,988
p90$73,711
$73,290

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
Ascendant Neighborhood Development NY$135,879 Executive Dir/ President $185,000 $190,464 2023
Stanton Accessible Apartments CA$138,256 Ceo $61,000 $60,013 2023
Lexington Senior Center Inc MO$138,378 Executive Di $58,000 $67,983 2024
Newburyport Affordable MA$140,347 Executive Director $18,309 $18,207 2024
Wentworth Corporation RI$131,813 President $52,490 $57,344 2023
Ebsv Community Development Inc CA$143,735 President & Ceo $28,109 $27,654 2023
Oak Hill Apartments CA$144,861 Secretary/treasurer $39,437 $37,686 2024
Asi - Anoka County Inc MN$127,371 President/tr $68,006 $72,447 2025
Whitehaven Economic Development TN$126,000 Executive Di $50,710 $58,988 2024
Mobile Accessible Housing Inc AL$125,332 President/ceo $53,238 $62,009 2025
Interstate I Affordable Housing Inc NY$121,716 Vice President $39,986 $39,986 2024
Wisconsin Rapids Figure Skating Club Inc WI$150,751 Program Director $2,075 $2,337 2025
Bagley Housing Association MI$121,214 President & Ceo $39,383 $44,985 2024
Central Louisiana Independent Living Center LA$120,619 President/ceo $21,418 $26,099 2024
Blackrock-riverside Neighborhood NY$119,062 Finance (Through 5/24) $2,308 $2,308 2024
Sohum Housing Opportunities CA$117,355 President $5,310 $5,224 2023
Mount Zion Community Development Inc NC$155,327 Executive Director $72,334 $82,711 2024
Trans Housing Coalition Inc GA$156,187 Executive Dir. $89,470 $102,496 2023
Mid-peninsula Murphy's Inc CA$157,402 Cfo / Assistant Secretary $77,467 $74,027 2024
Fox Township Manor Inc PA$158,421 Director $34,650 $38,239 2024
Shelter Ministries Inc IN$113,817 Executive Director $24,462 $28,548 2024
Cannelton & Neighbors Development Inc IN$158,750 Executive Director $13,950 $16,280 2024
Housing Continuum Inc IL$160,761 Executive Director $30,156 $33,778 2023
Prairie Haven Inc IA$162,717 Top Management Official $19,545 $24,382 2023
Oak Manor Associates WA$109,450 President And Ceo $24,457 $24,947 2023

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 default89th
Total compensation (D + F), as reported (no adjustments)91st
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted62nd

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 (Karen Schwartz) 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 53 similarly situated organizations (Same NTEE sector (L80), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $73,290 is reasonable (approximately the 89th 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.