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

Frank Chapman Memorial Institute Inc

Executive Director / CEO

EIN 141785378
NY · NTEE B82
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Norma Chapman, Executive Director / CEO ($27,500) against every comparable organization that fit the selection criteria — 211 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 30th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

211 organizations qualified on sector, size, and geography 211 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $208,446 $27,500
$7,97810th
$23,42625th
$50,125Median
$82,75375th
$118,32890th
$27,500This org · 30th
p10$7,978
p25$23,426
p50$50,125
p75$82,753
p90$118,328
$27,500

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 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
Central Valley Scholars CA$312,387 Director $36,040 $34,440 2024
Rey Feo Scholarship Foundation TX$311,155 Executive Director $43,680 $49,782 2023
Connecticut Association Of Realtors CT$310,981 Ex-officio Member $26,686 $28,507 2023
Florida Transportation Builders FL$309,821 Director $92,956 $99,493 2023
Project Read UT$309,463 Executive Director $51,450 $58,274 2024
Sheboygan Public Education Foundation WI$315,310 Co-executive Director $29,696 $35,335 2023
South Sudanese Enrichment For Families MA$315,794 Executive Director & Presi $65,000 $64,640 2024
Miramar College Foundation Inc CA$316,779 College Pres $26,256 $25,090 2024
Myintuition Corp MA$307,731 Chief Tech O $73,250 $70,966 2025
Florida Bankers Educational Foundation FL$307,325 Executive Director $24,193 $24,503 2025
Habele Outer Island Education Fund SC$307,215 Executive Di $135,000 $160,463 2023
Chuck Cooper Foundation PA$318,904 President $70,700 $80,328 2023
American College Of Surgeons Foundation IL$304,707 Foundation Execut. Dir (As Of 6/23) $8,867 $9,647 2024
Nurse Practitioner Healthcare Foundation WA$304,532 President $24,000 $23,779 2024
Maine School Of Science And ME$304,316 Executive Di $112,142 $124,269 2024
University Club Foundation Inc DC$303,280 Executive Director $47,573 $46,199 2024
School District Of Raytown Ed Foundation MO$302,850 Executive Director $44,000 $53,097 2023
Ranger Pride Education Foundation OR$322,238 Trustee $1 $1 2024
Silver State Education Foundation NV$302,277 Chief Executive Officer $55,500 $61,565 2024
Don Diego Scholarship Foundation CA$302,102 Executive Dir. $58,467 $55,871 2024
Mason Isd Scholarship Foundation TX$300,662 Director $2,320 $2,568 2024
Life Light Educational Foundation CA$324,418 President $20,400 $20,070 2023
Wisconsin Troopers' Benevolent WI$300,169 Secretary/treasurer $540 $624 2024
Entrepeneurship Award Corp NY$325,210 Executive Director $112,598 $112,598 2024
Wisconsin Credit Union Foundation Inc WI$299,368 Director $44,784 $51,759 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 default30th
Total compensation (D + F), as reported (no adjustments)32nd
Reportable pay only (column D), adjusted47th
All sources (D + E + F), adjusted18th

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 (Norma Chapman) 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 211 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $27,500 is reasonable (approximately the 30th 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.