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

Ocean Housing Development Ii Inc

Executive Director / CEO

EIN 204852154
NJ · NTEE L20
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Kimberly Veith Lcsw, Executive Director / CEO ($42,001) against every comparable organization that fit the selection criteria — 161 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 70th percentile of comparable organizationswithin the typical range

Benchmarked executive: Kimberly Veith Lcsw — reported title “PRES/CEO NON”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

161 organizations qualified on sector, size, and geography 161 within the band form the benchmarked peer set.

Distribution of comparable compensation

$937 total compensation of comparable organizations → $338,626 $42,001
$8,41110th
$16,81225th
$30,256Median
$44,99175th
$78,86490th
$42,001This org · 70th
p10$8,411
p25$16,812
p50$30,256
p75$44,991
p90$78,864
$42,001

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 NJ 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
Asi - Golden Valley Inc MN$78,963 President/tr $65,715 $76,856 2023
Lackawanna Neighbors Inc PA$80,030 Executive Di $10,675 $12,238 2024
Montgomery Housing Inc MD$80,042 President $20,272 $22,432 2023
Collin's Way Inc MD$80,305 Ceo $7,826 $8,411 2024
Share Ix Inc NY$80,338 Executive Director $70,564 $75,471 2023
Castleton Homes Inc MD$80,376 President & Ceo $20,896 $23,122 2023
Advance Housing 2000 Inc NJ$78,254 Member & Ceo $25,881 $26,566 2024
Shdc No 6 Inc HI$80,932 Exec. Dir. & Asst Secr. $12,721 $13,480 2023
Habitat For Humanity Of Greater Watertown Region SD$77,452 Executive Director $55,592 $72,618 2023
Middletown Homes Inc NJ$77,446 Chief Executive Officer $29,476 $30,256 2024
Valley Of The Sun School Properties Two AZ$81,744 Board Member $18,515 $20,471 2024
Bucks Villa Inc PA$77,189 Ceo (Thru. 12/24) $9,365 $10,460 2025
Abilities At St Andrews Cove Inc FL$77,093 President/ceo $38,173 $42,445 2023
Lss Housing Hampton Inc WI$81,884 President $40,683 $48,846 2024
Alabama Communities Inc GA$82,106 Executive Di $80,000 $92,477 2024
Ocean Housing Development Iii Inc NJ$76,749 Pres/ceo Non $40,426 $41,496 2024
First Shared Housing Corp PA$76,617 Asst Secretary $7,018 $8,046 2024
Central Coast Housing Corporation CO$76,221 Vice President $45,695 $50,373 2024
Friendship Homes Inc TN$82,927 President $36,000 $42,383 2025
Community Alliance Housing NE$83,203 President & Ceo $35,341 $44,991 2023
Washington Court Inc NH$75,524 Executive Director $1,242 $1,284 2025
Vesta Twelve Inc MD$75,392 President $21,417 $23,020 2024
Housing Works Pitkin Avenue Hdfc Inc NY$83,738 Secretary $27,348 $29,250 2023
Creative Housing Inc V OH$83,987 President $9,011 $10,972 2024
Family Services Of Western Pennsylvania PA$74,768 Ceo $28,093 $33,159 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NJ cost of living and 2025 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 NJ 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 default70th
Total compensation (D + F), as reported (no adjustments)78th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted56th

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 (Kimberly Veith Lcsw) 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 161 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $42,001 is reasonable (approximately the 70th 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.