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PeerBasis
Compensation Comparability Determination

Laramie Main Street Alliance

Executive Director / CEO

EIN 203701712
WY · NTEE S990
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Teresa Sherwood, Executive Director / CEO ($51,637) against every comparable organization that fit the selection criteria — 64 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 42nd percentile of comparable organizationswithin the typical range

Benchmarked executive: Teresa Sherwood — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

64 organizations qualified on sector, size, and geography 64 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,187 total compensation of comparable organizations → $241,248 $51,637
$8,75110th
$23,80725th
$57,788Median
$82,10375th
$103,25690th
$51,637This org · 42nd
p10$8,751
p25$23,807
p50$57,788
p75$82,103
p90$103,256
$51,637

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 WY 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
The Bodgery Inc WI$377,838 Director At Large $1,443 $1,449 2023
Armi Housing Corporation NY$363,810 Executive Vp & Ceo $114,621 $99,582 2023
Dream Innovations Incorporated MS$358,479 Finance Manager $45,000 $46,804 2024
Community Council WA$384,254 Executive Di $110,978 $95,529 2023
Globe Aware TX$384,710 Chairman/director $65,200 $60,907 2024
Amherst Community Connections MA$385,047 Founder/exec. Dir., Ex-officio $111,534 $93,598 2024
Long Island Business Development Council Inc NY$357,225 Executive Board $11,800 $9,958 2024
West Yellowstone Foundation MT$356,140 Executive Dir. $62,661 $64,941 2023
Everett Community Growers Inc MA$353,797 Director $1,893 $1,636 2023
Ten At The Top SC$389,789 Executive Director $70,300 $68,490 2024
Shaylo Inc Socially Helping Adults Youth With Liveable Opportunities MD$346,941 Ceo $63,141 $56,755 2023
Spring Branch Human Resources Partnership Inc TX$395,476 Executive Director $139,200 $133,876 2023
Child Advocacy Services Sega Inc GA$397,195 Executive Director $53,302 $51,528 2023
Wlam Property Association Ii WA$336,953 Executive Di $10,016 $8,374 2024
Jwc Foundation VA$408,956 Executive Dir. $94,364 $85,087 2024
Friends Of Southern Ohio OH$333,117 Executive Director $80,052 $81,519 2023
Queen City Bicycle Collective NH$326,591 Executive Di $64,620 $54,285 2025
Akahiao Nature Institute HI$417,126 Vice Preside $25,600 $22,036 2023
Fraternal Order Of Police Maricopa Lodge Corp 5 AZ$417,353 Secretary $2,400 $2,219 2023
The Chamber Foundation OH$318,415 President An $1,200 $1,187 2024
Outlaw Square Inc SD$424,561 Director $68,498 $72,682 2023
Mid-atlantic Off-road Enthusiasts Inc VA$425,679 Executive Director $90,483 $81,587 2024
Pioneering With Passion Ministries (Ppm) CT$315,223 Director $11,000 $9,632 2024
Far Away Friends Inc CO$314,306 Co-founder & Board Chair $40,385 $36,163 2024
Siuslaw Vision OR$313,525 Secretary $8,575 $7,437 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to WY 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 WY 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 default42nd
Total compensation (D + F), as reported (no adjustments)39th
Reportable pay only (column D), adjusted47th
All sources (D + E + F), adjusted36th

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 (Teresa Sherwood) 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 64 similarly situated organizations (Same NTEE sector (S99), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $51,637 is reasonable (approximately the 42nd 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.