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PeerBasis
Compensation Comparability Determination

Wake County Basketball Association

Executive Director / CEO

EIN 201136048
NC · NTEE N62
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Steve Sterrett, Executive Director / CEO ($97,008) against every comparable organization that fit the selection criteria — 35 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 83rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Steve Sterrett — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

35 organizations qualified on sector, size, and geography 35 within the band form the benchmarked peer set.

Distribution of comparable compensation

$766 total compensation of comparable organizations → $149,070 $97,008
$6,13010th
$8,95825th
$34,928Median
$71,25375th
$100,76090th
$97,008This org · 83rd
p10$6,130
p25$8,958
p50$34,928
p75$71,253
p90$100,760
$97,008

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 NC 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
Halo Sports Inc NC$392,210 Director $83,557 $81,160 2024
Tennessee Heat Basketball TN$383,376 Secretary $7,675 $7,808 2023
Texas Tar Heels Basketball Academy Inc TX$395,107 President $52,083 $50,422 2023
Torch Sports Inc CA$379,967 President $94,952 $77,075 2024
Lakeville South Boys Basketball MN$378,597 Head Coach $7,586 $7,046 2024
Rocklin Girls Fast Pitch Softball CA$374,134 Umpire-in-chief $943 $766 2024
Youth Athletic Foundation TN$371,755 Executive Dir. $75,000 $74,108 2024
Basketball Maui HI$362,521 Executive Di $113,756 $98,568 2023
Ignite Hoops IL$417,680 President & Ceo $107,883 $99,702 2024
Batavia Youth Athletics Inc IL$349,859 Vice President/secretary $9,000 $8,103 2025
Wisconsin Blizzard Basketball Inc WI$430,577 President $52,200 $51,247 2024
Atherton Bulldogs Corp CA$435,671 President $150,249 $125,563 2023
Gainesville District Basketball VA$451,779 League Administrator $39,500 $34,928 2025
Journeyman Basketball NH$321,878 President/tr $65,125 $58,198 2023
Westlake Youth Basketball Association TX$312,023 Co-executive Director $24,000 $22,568 2024
Kasson Mantorville Youth Basketball MN$309,650 Gambling Man $10,200 $9,474 2024
West Chester Hoops PA$307,833 President $65,800 $61,683 2024
Powerhouse Sports Corporation IL$297,329 President $17,000 $16,175 2023
Agoura Youth Basketball Association CA$480,002 Director $10,400 $8,442 2024
Wellesley Youth Basketball MA$291,858 Program Dire $47,500 $41,310 2023
Goldies Youth Sports CA$285,004 President $125,000 $101,466 2024
Boca Hoops Inc FL$496,102 Vp $15,000 $13,247 2024
Massillon Youth Sports Association OH$280,251 Trustee $17,196 $16,680 2025
Ridgefield Basketball Assn Inc CT$498,880 President $11,345 $10,295 2023
Hoops 4him WA$499,924 Executive Director $177,122 $149,070 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC 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 NC 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 default83rd
Total compensation (D + F), as reported (no adjustments)83rd
Reportable pay only (column D), adjusted86th
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 (Steve Sterrett) 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 35 similarly situated organizations (Same NTEE sector (N62), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $97,008 is reasonable (approximately the 83rd 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.