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PeerBasis
Compensation Comparability Determination

Foundation For A Sustainable Community

Executive Director / CEO

EIN 200198071
VA · NTEE S31
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Stephen C Jordan, Executive Director / CEO ($16,000) against every comparable organization that fit the selection criteria — 87 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 17th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Stephen C Jordan — reported title “CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

87 organizations qualified on sector, size, and geography 87 within the band form the benchmarked peer set.

Distribution of comparable compensation

$58 total compensation of comparable organizations → $248,614 $16,000
$9,55810th
$31,79225th
$67,774Median
$95,12875th
$129,17290th
$16,000This org · 17th
p10$9,558
p25$31,792
p50$67,774
p75$95,128
p90$129,172
$16,000

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 VA 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
Main-dempster Mile IL$245,988 Executive Director $75,000 $76,365 2024
Northeastern Economic Development Company Of Pa PA$247,257 President And Executive Direc $50,000 $53,167 2023
Aransas County Partnership Edc TX$247,377 President $126,000 $130,537 2024
Natick Center Associates Inc MA$247,738 Executive Di $21,875 $20,359 2024
City Of Kingston Local Development NY$249,090 Executive Director $17,348 $16,236 2024
Stevens County Eic Inc MN$241,904 Executive Di $117,188 $119,927 2024
East Falls Development Corporation PA$251,481 Exec Director $77,449 $79,991 2024
Parkrose Npi OR$241,082 Executive Dir. $48,750 $46,888 2024
Development Chenango Corporation NY$252,762 Executive Director $16,323 $15,727 2023
Tww Nyc Solidarity Inc NY$240,000 President $101,737 $95,213 2024
Plainfield Central Business District Management Co NJ$253,657 Executive Director $88,846 $82,156 2024
Midtown Elizabeth District Management Corporation Inc NJ$253,742 Executive Director $84,904 $78,511 2024
Urban City Codes Technology And Community Resource OH$238,007 President $45,538 $51,428 2023
Community Investment Corporation IL$257,035 President $68,779 $70,031 2024
Downtown Development Corporation IL$233,430 President $24,993 $25,448 2024
Campaign For A Drug Free Westside IL$260,009 Ceo $56,950 $57,987 2024
Economic Development Unit Inc LA$232,038 President $50 $58 2023
Tampa Bay Partnership For Regional FL$231,371 President & Ceo $14,175 $13,792 2024
Boc Development Corporation NY$261,928 President $34,036 $32,794 2023
Circle Of Life Development Foundation CA$230,432 Cheif Executive Officer $45,000 $46,585 2021
Custer Economic Development NE$267,078 Executive Di $56,500 $62,937 2024
Keystone Community Corporation MO$225,809 President $8,250 $9,050 2024
Klamath Falls Downtown Association OR$224,126 Executive Director $44,440 $44,005 2023
Aaa Residential Resources Inc TN$269,539 President And Executive Director $50,000 $54,432 2024
Bogalusa Rebirth LA$221,515 Executive Director $75,938 $86,602 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VA 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 VA 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 default17th
Total compensation (D + F), as reported (no adjustments)14th
Reportable pay only (column D), adjusted29th
All sources (D + E + F), adjusted7th

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 (Stephen C Jordan) 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 87 similarly situated organizations (Same NTEE sector (S31), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $16,000 is reasonable (approximately the 17th 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.