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PeerBasis
Compensation Comparability Determination

Massachusetts Soldiers Legacy Fund

Executive Director / CEO

EIN 201909556
MA · NTEE B82
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Erica Zeiger, Executive Director / CEO ($105,146) against every comparable organization that fit the selection criteria — 106 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: Erica Zeiger — 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

106 organizations qualified on sector, size, and geography 106 within the band form the benchmarked peer set.

Distribution of comparable compensation

$430 total compensation of comparable organizations → $370,106 $105,146
$8,84510th
$14,84725th
$40,998Median
$67,48575th
$99,43990th
$105,146This org · 90th
p10$8,845
p25$14,847
p50$40,998
p75$67,485
p90$99,439
$105,146

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 MA 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
St Louis Association Of Credit IL$126,306 President $24,402 $26,008 2025
Educational Foundation Of The AL$121,978 Ceo $151,303 $177,211 2025
Misa Foundation VA$127,195 President $63,240 $67,950 2024
Mahoning Valley College Access OH$127,712 Executive Director $64,708 $76,268 2024
Stanley Scholarship Funds Inc ND$127,935 President $2,900 $3,542 2024
Oregon Turfgrass Foundation OR$129,438 Executive Director $12,991 $13,425 2024
William Paul Hatfield Scholarship Trust MO$129,818 Trustee $48,615 $57,300 2024
South Dakota Retailers Association SD$129,954 Executive Di $20,203 $24,812 2024
Alpha Educational Foundation-ddl Inc FL$130,244 Executive Director $23,600 $24,672 2024
Namic Mutual Insurance Foundation IN$131,399 Executive Di $41,231 $48,386 2024
Entrepreneurs Scholarship Program TX$132,075 Director $375 $430 2023
St Ursula Academy Scholarship Granting OH$134,005 President $16,697 $19,680 2024
Jitegemee Inc MA$114,999 Director $29,852 $30,734 2023
Police Benevolent Associaton FL$134,541 President $11,611 $12,497 2023
Coin Op Cares Education & Charitable IL$114,539 Executive Vice President $9,300 $10,475 2023
Donald R Watson Foundation Inc NC$114,316 President $56,398 $63,177 2025
Baptist Medical Dental Fellowship AL$134,845 Executive Dir. $54,000 $66,838 2023
Norwood Masonic Temple Foundation Incorporated OH$114,131 Building Manager/director $10,200 $12,377 2023
Healthcare Information And Management IL$113,035 Ceo & President $213,670 $270,595 2021
Laborers' Local 300 Scholarship Fund CA$136,560 Chairman/trustee $163,840 $157,438 2024
Monster Education Foundation Nfp IL$136,651 Executive Director- President $7,200 $7,877 2024
Yuda Bands UT$136,783 Secretary $28,500 $32,460 2024
Centennial Education Foundation PA$137,344 Executive Director $16,154 $17,927 2024
Florida Ethics Institute Inc FL$111,549 Executive Director $53,000 $55,407 2024
Oregon Education Assoc Foundation OR$138,017 Oea President $33,341 $34,456 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MA 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 MA 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)91st
Reportable pay only (column D), adjusted98th
All sources (D + E + F), adjusted55th

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 (Erica Zeiger) 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 106 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $105,146 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.