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

Ridge Oak Management Inc

Executive Director / CEO

EIN 222177245
NJ · NTEE L22
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Bonnie Kelly, Executive Director / CEO ($255,355) against every comparable organization that fit the selection criteria — 258 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 99th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Bonnie Kelly — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

258 organizations qualified on sector, size, and geography 258 within the band form the benchmarked peer set.

Distribution of comparable compensation

$506 total compensation of comparable organizations → $489,255 $255,355
$11,39310th
$23,73925th
$43,012Median
$67,63375th
$93,83090th
$255,355This org · 99th
p10$11,393
p25$23,739
p50$43,012
p75$67,633
p90$93,830
$255,355

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
Lutheran Social Services Of Central Ohio OH$340,026 President & Ceo $9,088 $11,393 2023
Buffalo Mercy Housing Development Fund NY$339,655 Board Member/board President $25,080 $26,824 2023
Afton Manor Inc IA$339,377 Manager $13,360 $17,315 2023
Bay Aging Apartments Middlesex Inc VA$345,184 President $267,673 $289,470 2025
Ucc Iii Inc OH$345,339 Treasurer $34,230 $42,911 2023
Elmore Area Concerned Christians Inc OH$346,983 Chief Executive Director $92,614 $112,772 2024
Peninsula Housing Development Inc Xviii FL$336,692 Director $25,136 $27,147 2024
Mcauley Manor Inc CO$348,558 Director $37,575 $41,422 2024
Charles Street Village Inc CA$348,676 Ceo $34,300 $35,056 2023
Community For Affordable Senior MN$335,417 Evp Of Commonbond Housing $18,918 $22,125 2023
El Mirage Senior Village CO$348,997 Vice President $34,402 $39,044 2023
The Wartburg Residential Community Inc NY$349,539 President $90,025 $93,523 2024
Brook Oaks Senior Residences Inc OH$350,229 President $48,755 $59,367 2024
John Marvin Tower FL$350,924 Vice Preside $72,591 $78,400 2024
Miracle Mile Senior Citizen Housing Corp CA$351,502 President $7,646 $7,395 2025
Capitol Lakes Foundation Inc WI$351,636 Administrative Director $50,245 $60,327 2024
Lutheran Housing Services 18 Inc OH$332,392 President/ce $62,368 $78,186 2023
Ridge Oak Iii Inc NJ$331,830 Executive Director $61,663 $61,663 2025
Snhs Elderly Housing Inc NH$331,493 Treasurer $53,564 $55,395 2025
Wisconsin Care Systems Inc WI$353,395 President $89,000 $110,015 2023
Gault Street Senior Housing CO$353,940 President $25,195 $28,595 2023
Plymouth Place Inc CA$329,741 President/ceo $68,128 $67,633 2024
Manitowoc Rhf Housing Inc CA$354,889 President/ceo $68,128 $67,633 2024
Five Graham Street ME$328,973 President $45,000 $53,334 2023
Ucc Xx Inc OH$328,589 Treasurer $50,772 $61,823 2024

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 default99th
Total compensation (D + F), as reported (no adjustments)99th
Reportable pay only (column D), adjusted99th
All sources (D + E + F), adjusted48th

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 (Bonnie Kelly) 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 258 similarly situated organizations (Same NTEE sector (L22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $255,355 is reasonable (approximately the 99th 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.