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PeerBasis
Compensation Comparability Determination

Union Building Fund

Executive Director / CEO

EIN 200009629
IL · NTEE S47
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Dan Montgomery, Executive Director / CEO ($85,479) against every comparable organization that fit the selection criteria — 64 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 75th percentile of comparable organizationswithin the typical range

Benchmarked executive: Dan Montgomery — reported title “DIRECTOR”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

64 organizations qualified on sector, size, and geography 64 within the band form the benchmarked peer set.

Distribution of comparable compensation

$394 total compensation of comparable organizations → $1,007,064 $85,479
$8,18810th
$20,62825th
$45,936Median
$83,66975th
$142,36690th
$85,479This org · 75th
p10$8,188
p25$20,628
p50$45,936
p75$83,669
p90$142,366
$85,479

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 IL 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
Cls Holding Company Inc MI$479,109 Ceo $33,282 $34,943 2024
Iron Workers' Mid-america Building Corp IL$487,245 Administrator $56,655 $58,328 2023
U A Local 773 Glens Falls Building NY$470,773 Director $114,100 $104,874 2024
Local 338 Real Estate Holding Corp NY$469,750 President $72,825 $66,937 2024
Ua 168 Building Corporation OH$468,917 Financial Secretary/treasu $92,850 $97,453 2025
Simple Treasures Inc MI$497,014 President $25,217 $26,475 2024
Burnham Brook Community Center Title MI$454,892 President/ceo - Partial Year $7,908 $8,088 2025
Tac East Holdings Company No 1 TX$450,415 President $19,813 $20,755 2023
Naiop - Nashville Chapter TN$525,146 Executive Director $170,265 $187,422 2023
Sheet Metal Workers International Local MA$526,146 President $133,450 $121,980 2024
Little Rock Realtors Association Inc AR$528,403 Executive Dir. $113,589 $129,872 2024
Broadway Housing Sugar Hill Lessee Inc NY$429,087 Chief Executive Officer $31,386 $28,848 2024
Haines Eastburn Stenton Corp PA$531,149 President/ceo $11,512 $12,022 2023
Portland Board Of Realtors ME$532,840 Ceo $114,201 $116,318 2024
Iupat District Council 78 Propertiesinc FL$538,742 Business Manager $62,675 $59,889 2024
Wci Real Estate & Logistics Inc MD$540,000 National Accountant $60,000 $57,058 2024
Teamsters Local 120 Building Holding Company MN$417,127 President $62,448 $64,620 2023
Empire State Carpenters NY$542,116 Treasurer/trustee $61,051 $56,115 2024
Institute Of Real Estate Management MA$414,104 Executive Director $156,975 $147,721 2023
Local Union 488 Ibew Building CT$410,560 Business Manager/fin Sec $70,615 $69,336 2023
Camelot Community Care Property FL$407,194 President/ Ceo $400 $394 2023
Local 5 Holdings Inc HI$406,996 Chair $28,166 $25,650 2024
Api Nevada Properties Inc NV$556,604 President $183,105 $192,206 2023
Service Employees International MN$396,068 President $66,844 $67,184 2024
Salamander Realty Corp NY$563,923 President $3,964 $3,643 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL 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 IL 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 default75th
Total compensation (D + F), as reported (no adjustments)73rd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted78th

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 (Dan Montgomery) 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 64 similarly situated organizations (Same NTEE sector (S47), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $85,479 is reasonable (approximately the 75th 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.