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PeerBasis
Compensation Comparability Determination

Charles R And Karen P Stephenson

Executive Director / CEO

EIN 201687422
MS · NTEE S11
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Phil Lakin Jr, Executive Director / CEO ($82,930) against every comparable organization that fit the selection criteria — 345 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 92nd percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Phil Lakin Jr — reported title “TCF CL 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

345 organizations qualified on sector, size, and geography 345 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $187,080 $82,930
$6,19210th
$14,95625th
$31,841Median
$53,40075th
$75,65190th
$82,930This org · 92nd
p10$6,192
p25$14,956
p50$31,841
p75$53,400
p90$75,651
$82,930

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 MS 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
Black Music Action Coalition Ltd TN$97,689 President $151,667 $147,369 2023
Professional Advocacy Association Of TX$97,675 Sec/exec Director $23,500 $21,730 2023
Tri State Stone Operators Association Inc WV$97,750 Secretary & Trainer $36,000 $36,031 2023
Mid-atlantic Nato Inc MD$97,513 Executive Director $71,874 $58,777 2025
Oxford Civic Association PA$97,451 Treasurer $2,618 $2,344 2024
Quad City Painting Industry IA$97,442 Executive Director $4,500 $4,555 2023
Shorepines Bay Village Properties Inc OR$97,425 President & Ceo $55,400 $46,193 2024
Lca Investments Inc IN$98,360 President $37,684 $36,735 2023
Vergennes Partnership Inc VT$96,959 Executive Director $27,560 $24,907 2024
Fruitland Chamber Of Commerce Inc ID$98,710 Executive Dir. $44,368 $43,630 2023
Medical Board Of Nyp Bmh Corp NY$98,715 Pres $52,000 $43,436 2023
Black Wall Street Chamber Of Commerce OK$96,670 President/ceo $55,666 $63,707 2021
Lions Sight Conservation Foundation Inc Of W Va WV$99,195 Secretary-treasurer $2,400 $2,273 2025
Shreveport Common Inc LA$96,199 Executive Director $60,000 $61,072 2023
Oak Harbor Area Chamber Of Commerce OH$99,270 Exec Director $9,833 $9,351 2024
Omro Area Community Center Inc WI$99,281 Executive Director $21,713 $20,360 2024
The Collective Empowerment Group MD$99,445 President $10,000 $8,642 2023
Greenfield Main Street Inc IN$99,764 Executive Director $55,000 $52,077 2024
Oakland Renaissance Nmtc Inc CA$99,920 President $145,905 $113,122 2024
Cara Holdings Inc CT$100,000 President & Secretary $16,942 $14,263 2024
Gaston Together Communities Of NC$95,306 Executive Di $68,750 $63,782 2024
Laurel Redevelopment Corporation DE$100,146 Executive Di $75,000 $65,937 2024
Promote Carmel Inc IN$100,190 Officer $48,750 $46,159 2024
Mckinley Park Development Council IL$100,234 Managing Dir. $5,167 $4,561 2024
Our Village Community Center UT$95,109 President $10,500 $9,934 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MS 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 MS 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 default92nd
Total compensation (D + F), as reported (no adjustments)90th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted99th

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 (Phil Lakin Jr) 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 345 similarly situated organizations (Same NTEE major group (S), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $82,930 is reasonable (approximately the 92nd 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.