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PeerBasis
Compensation Comparability Determination

Watertower West Inc

Executive Director / CEO

EIN 200475502
IN · NTEE F33
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of William Trowbridge, Executive Director / CEO ($63,183) against every comparable organization that fit the selection criteria — 31 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: William Trowbridge — reported title “EX-OFFICIO & REGIONAL CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

31 organizations qualified on sector, size, and geography 31 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,340 total compensation of comparable organizations → $271,294 $63,183
$8,27810th
$16,97725th
$25,769Median
$60,46575th
$60,99990th
$63,183This org · 90th
p10$8,278
p25$16,977
p50$25,769
p75$60,465
p90$60,999
$63,183

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 IN 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
Spf-iroch IL$99,742 President/ceo $30,975 $28,877 2023
Lakeview Place Inc FL$100,580 Board Chair $11,777 $10,491 2023
Ocl Properties Iii West Inc NY$98,287 Chief Financial Officer $73,290 $60,999 2024
Cla Homes I Corp VA$98,070 Executive Director $3,855 $3,340 2025
Richardville Apartments Ii Inc IN$96,141 President $44,374 $43,101 2024
Project Share Vi Inc NY$103,215 Executive Director $70,564 $60,465 2023
Valley Of The Sun School Properties Six AZ$95,649 Board Member $19,940 $18,185 2023
Ocl Properties Vii Inc NY$104,552 Chief Financial Officer $73,290 $60,999 2024
Burrell Housing Options Corporation MO$94,337 President And Ceo - Pfh $270,117 $271,294 2023
Aspire To Be Great OH$104,983 Exective Director $20,809 $20,300 2024
Project Share Vii Inc NY$93,702 Executive Director $70,564 $60,465 2023
Bell Tower Inc IN$109,853 Ex-officio & Regional Ceo $63,183 $63,183 2023
180 Recovery House AL$88,295 Director $21,830 $25,145 2021
Orchard Community Inc CA$88,278 Ceo $42,385 $33,710 2024
Bunker Residential Home MO$111,118 Manager $23,914 $23,329 2024
Castor Housing Development Corporation PA$82,752 Director Of Construction $13,787 $13,038 2023
Thresholds Housing Inc IL$116,338 Chief Executive Officer $29,764 $27,748 2023
Woolard Homes Inc MD$82,272 President $20,272 $17,972 2023
Stepping Stones To Success Inc CA$118,760 Ceo $32,400 $25,769 2024
New Strides Inc NY$79,531 Executive Dir. $11,129 $9,263 2024
Dream Works Inc NC$76,982 Executive Director $8,929 $8,278 2025
Obed Apartments Inc RI$124,781 President $52,490 $47,728 2023
East Pittsburgh Commons Inc PA$73,506 President & Ceo $5,667 $5,205 2024
Southlake Center Residential Inc IN$71,939 Ex-officio & Regional Ceo $63,183 $63,183 2023
Westside Community Residence Inc NY$70,315 Ceo $18,651 $15,982 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IN cost of living and 2023 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 IN 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)71st
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted71st

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 (William Trowbridge) 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 31 similarly situated organizations (Same NTEE sector (F33), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $63,183 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.