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

Lakewood Memorial Library

Executive Director / CEO

EIN 166066036
NY · NTEE B71Z
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Shannon M Taylor, Executive Director / CEO ($68,069) 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 90th percentile of comparable organizationswithin the typical range

Benchmarked executive: Shannon M Taylor — reported title “LIBRARY DIRE”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable 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

$6,676 total compensation of comparable organizations → $123,982 $68,069
$26,27310th
$39,80125th
$48,933Median
$60,98975th
$68,42390th
$68,069This org · 90th
p10$26,273
p25$39,801
p50$48,933
p75$60,989
p90$68,423
$68,069

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
The Detroit Public Library Friends MI$221,854 Exec Director/board President $108,542 $123,982 2024
Grove City Community Library PA$207,191 Interim Dire $23,997 $26,483 2024
Friends Of The Salt Lake City Public UT$206,160 Sales Manager $55,129 $60,831 2025
Annie Lee Thompson Library Trust Fund TX$223,606 Ceo $47,544 $52,631 2024
Dimmick Memorial Library PA$204,697 Director $44,340 $48,933 2024
The Greater Cincinnati Library Consortiu OH$203,100 Executive Director $60,203 $72,649 2023
Montour Falls Memorial Library NY$233,751 Library Director $38,659 $39,801 2023
Springdale Free Public Library Inc PA$192,770 Director Administrator $57,165 $63,087 2024
Fort Plain Free Library NY$240,174 Director $51,652 $51,652 2024
Clairton Public Library PA$241,323 Executive Dir. $55,264 $60,989 2024
Clark Memorial Library RI$187,786 Director $40,821 $44,597 2023
Jeannette Public Library Assoc PA$185,595 Executive Di $25,980 $28,671 2024
Mountain Top Library NY$185,274 Director $37,128 $38,225 2023
Southeast Regional Library System Serls OH$181,677 Director/facility Manager $89,012 $107,414 2023
Windsor Public Library VT$179,645 Librarian/director $41,902 $46,673 2024
Southeast Library System MN$253,075 Executive Director $33,420 $35,603 2025
Community Library ME$168,361 Library Director $36,996 $40,997 2024
South Butler Community Library PA$263,324 Library Director $45,500 $50,213 2024
Sharkey-issaquena County Library MS$164,272 Librarian $54,011 $66,570 2024
Oxford Memorial Library NY$267,033 Director $23,721 $23,110 2025
Morris Plains Library Association NJ$162,011 Director $25,000 $25,431 2023
Scottdale Public Library PA$269,598 Library Dire $59,292 $67,366 2023
Schoolcraft Community Library MI$270,614 Director $55,494 $61,755 2025
The Southworth Library Association NY$275,155 Executive Director $56,178 $57,837 2023
Webster Memorial Library MI$275,359 President $6,000 $6,676 2025

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 default90th
Total compensation (D + F), as reported (no adjustments)93rd
Reportable pay only (column D), adjusted69th
All sources (D + E + F), adjusted83rd

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 (Shannon M Taylor) 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 (B71), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $68,069 is reasonable (approximately the 90th 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.