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

Center Housing Development Fund

Executive Director / CEO

EIN 141798854
NY · NTEE L99
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Gregory J Sorrentino, Executive Director / CEO ($33,037) against every comparable organization that fit the selection criteria — 28 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 50th percentile of comparable organizationswithin the typical range

Benchmarked executive: Gregory J Sorrentino — reported title “PRES/CEO/TRE”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

28 organizations qualified on sector, size, and geography 28 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,621 total compensation of comparable organizations → $161,642 $33,037
$5,83210th
$12,18725th
$29,978Median
$58,06475th
$86,98390th
$33,037This org · 50th
p10$5,832
p25$12,187
p50$29,978
p75$58,064
p90$86,983
$33,037

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
Three West Housing Inc OR$179,019 Treasurer $18,132 $18,634 2024
Hearthstone Housing Ltd WI$178,857 President/ceo $139,859 $161,642 2024
Vesta's Hearth Inc MD$175,501 President $21,417 $22,158 2024
Huntsville Voa Housing Inc AL$173,879 President/ceo $53,238 $62,009 2025
Decatur Street Residences Inc CO$167,476 President $25,082 $26,616 2024
Warriors Center For Women Phillips County AR$165,072 Secretary & Executive Director $28,100 $34,954 2024
Portland Supportive Housing Inc OR$162,208 Finance Direc. $13,072 $13,434 2024
Oaks Family Care Center Inc OH$204,583 Board Member $14,774 $17,828 2023
Flora Vista Housing Development Fund NY$158,970 President & Ceo (Thru 4/23) $56,332 $57,996 2023
Stansbury Homes Inc MD$157,839 President $20,272 $21,593 2023
The Sanctuary Of Williams County OH$209,646 Chairman/ceo $4,575 $5,362 2024
Alexander Apartments Of Plant City Inc FL$153,338 Ceo $38,719 $40,253 2024
Arroyo Commons Inc CA$152,875 President $41,962 $41,283 2023
Cil Woods Inc NJ$212,212 Executive Director $8,015 $7,919 2024
Lss Housing North Willow Inc WI$151,848 President $40,683 $47,019 2024
Attleboro Enterprises Development MA$149,909 Secretary $5,893 $6,033 2023
Belford Commons Corporation VA$148,577 Ceo/president $59,710 $63,801 2024
Vermont Alliance For Recovery VT$143,188 Executive Di $105,326 $117,320 2024
Lincoln Avenue Apartments Inc CA$222,479 President $43,208 $41,289 2024
Accessible Country Trail Inc OH$222,760 Executive Director $6,211 $7,494 2023
Sunflower Diversified KS$140,625 Member, Exec Dir Sds $2,192 $2,621 2024
Harambee House Inc MO$133,890 President $7,395 $8,444 2025
Housing Associates Inc MD$133,639 Executive Director $4,329 $4,611 2023
Forest Grove Senior & Community Center OR$231,332 Ex. Director $56,699 $58,269 2024
Thi-14 Inc IL$126,596 Chief Executive Officer $29,764 $33,339 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 default50th
Total compensation (D + F), as reported (no adjustments)57th
Reportable pay only (column D), adjusted79th
All sources (D + E + F), adjusted79th

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 (Gregory J Sorrentino) 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 28 similarly situated organizations (Same NTEE sector (L99), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $33,037 is reasonable (approximately the 50th 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.