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PeerBasis
Compensation Comparability Determination

Salt Ventures Nfp

Executive Director / CEO

EIN 208991904
IL · NTEE T50
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Robert Faber, Executive Director / CEO ($17,500) against every comparable organization that fit the selection criteria — 86 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 9th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Robert Faber — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

86 organizations qualified on sector, size, and geography 86 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,408 total compensation of comparable organizations → $418,211 $17,500
$19,25010th
$35,01225th
$67,006Median
$101,34275th
$133,76490th
$17,500This org · 9th
p10$19,250
p25$35,012
p50$67,006
p75$101,342
p90$133,764
$17,500

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 IL 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
High Impact Athletes Inc DE$480,243 Founder & Executive Direct $63,298 $63,043 2024
Fostering Community LA$483,465 Director $64,000 $73,800 2023
Cleveland Social Venture Partners OH$485,267 Executive Director $135,518 $145,999 2024
Armenia Fund Inc CA$477,839 Executive Director $125,670 $113,640 2023
Social Venture Partners Charlotte Inc NC$475,506 Executive Dir. $93,000 $97,744 2024
Slingshot Fund Inc NY$470,772 Executive Director $253,897 $233,368 2024
Fond Du Lac Festivals Inc WI$467,560 Executive Di $79,325 $84,267 2024
Hadassah's Hope Inc FL$466,864 Ceo $65,000 $62,111 2024
Treasury Institute For KY$497,576 Co-exec Dire $30,000 $33,753 2023
Childrens Advocacy Center Of AR$465,673 Executive Dir. $55,681 $63,663 2024
Raisedby Us Inc NY$463,543 Executive Director $179,580 $169,935 2023
Fundacion Para El Futuro De La Salud Inc PR$500,000 Executive $28,462 $28,462 2024
True Freedom Enterprises OH$457,594 President $65,526 $70,594 2024
The Salvage Yard Inc TX$455,686 President $72,000 $75,423 2023
Soundcheck Prevention Network NC$455,375 Executive Di $96,200 $101,107 2024
Altar Fly Fishing IL$445,834 President $107,500 $110,675 2023
Charity For Change Inc FL$519,984 President $90,000 $88,540 2023
Partners For Better Futures CA$523,134 Country Director - Burma $22,435 $19,198 2025
Waunakee Ecumenical Board Inc WI$525,842 Food Pantry Director $23,350 $24,805 2024
Coca Qalicb Inc MO$526,595 Interim President (Thru 2/23) $2,171 $2,408 2023
Planting Seeds International IL$432,813 Executive Director $30,165 $30,165 2024
Eugene And Jeanne Savage Scholarship Fund MD$431,246 Trustee $14,412 $13,705 2024
Ohio Coalition On Black Civic Participation OH$429,183 President And Treasurer - Board Member $31,000 $33,398 2024
Jewish Charity Review Inc NJ$424,877 Treasurer $22,320 $20,869 2023
Manhattan Community Health Foundation KS$424,828 Executive Director $14,568 $16,009 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL 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 IL 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 default9th
Total compensation (D + F), as reported (no adjustments)9th
Reportable pay only (column D), adjusted12th
All sources (D + E + F), adjusted5th

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 (Robert Faber) 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 86 similarly situated organizations (Same NTEE sector (T50), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $17,500 is reasonable (approximately the 9th 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.