Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Thunder Inc

Executive Director / CEO

EIN 203940477
TN · NTEE N67
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Daniel C Schultz, Executive Director / CEO ($80,000) against every comparable organization that fit the selection criteria — 108 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 82nd percentile of comparable organizationswithin the typical range

Benchmarked executive: Daniel C Schultz — reported title “DIRECTOR/COACH”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

108 organizations qualified on sector, size, and geography 108 within the band form the benchmarked peer set.

Distribution of comparable compensation

$764 total compensation of comparable organizations → $116,782 $80,000
$14,01410th
$35,87825th
$56,477Median
$73,83675th
$89,79490th
$80,000This org · 82nd
p10$14,014
p25$35,878
p50$56,477
p75$73,836
p90$89,794
$80,000

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 TN 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
Bare Hill Rowing Association Inc MA$450,700 Program Director $56,875 $48,622 2024
Lakeshore Swim Club Corp OH$450,349 Head Coach $62,404 $62,880 2024
Spokane Waves Aquatic Team WA$447,497 Head Coach $66,700 $58,490 2023
Mundelein Mustang Swim Club IL$458,367 Chief Executive Officer $74,704 $68,068 2025
Back Bay Aquatics Foundation CA$460,320 President $50,484 $41,472 2024
St Augustine Yacht Club Sailin FL$461,523 Manager $82,600 $73,821 2024
Verona Area Swim Team Inc WI$441,450 Vice President $769 $764 2024
East Carolina Aquatics Inc NC$440,654 Ceo $76,100 $72,877 2025
Munster Swim Club Inc IN$464,663 Head Coach $84,532 $82,621 2025
Elmbrook Swim Club Ltd WI$464,905 Head Coach $95,843 $95,225 2024
Hp Aquatics Club IL$467,529 Head Of Operations $68,922 $66,366 2023
Hingham High School Rowing Assoc MA$433,996 Program Director $30,175 $25,797 2024
Gig Harbor Junior Sailing WA$470,312 Sailing Director (Non-voting) $59,518 $50,694 2024
Greensboro Swimming Association Inc NC$471,477 Head Coach $103,234 $101,479 2024
Kc Swim Academy And Infant Aquatics MO$471,968 President $34,000 $35,271 2023
American Volkssport Associationinc TX$472,967 Ceo/presiden $106,513 $101,363 2024
Camp Randall Rowing Club Inc WI$430,056 Head Coach $22,917 $22,769 2024
Minneapolis Rowing Club MN$473,598 Club Administrator $44,793 $43,351 2023
Pacifica Sea Lions Aquatic Club Inc CA$474,920 Head Coach $98,471 $80,893 2024
Upper Arlington Crew Inc OH$427,393 Executive Di $3,000 $2,945 2025
Rivers Of Recovery MN$481,005 Executive Director $103,142 $96,958 2024
North Suburban Instructional Aquatics I MN$483,175 Director/head Coach $78,683 $73,965 2024
Boilermaker Aquatics Inc IN$419,604 Head Coach $73,098 $71,446 2025
Tristar Rowing TN$418,972 Executive Dir. $10,094 $10,094 2024
Lexington Dolphins Inc KY$415,197 Ceo $60,120 $61,449 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TN 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 TN 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 default82nd
Total compensation (D + F), as reported (no adjustments)74th
Reportable pay only (column D), adjusted82nd
All sources (D + E + F), adjusted82nd

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 (Daniel C Schultz) 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 108 similarly situated organizations (Same NTEE sector (N67), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $80,000 is reasonable (approximately the 82nd 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.