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PeerBasis
Compensation Comparability Determination

Renaissance Newark Foundation Inc

Executive Director / CEO

EIN 222281902
NJ · NTEE T20B
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of George Hallock, Executive Director / CEO ($24,905) against every comparable organization that fit the selection criteria — 25 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 40th percentile of comparable organizationswithin the typical range

Benchmarked executive: George Hallock — reported title “PAST SECRETARY”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

25 organizations qualified on sector, size, and geography 25 within the band form the benchmarked peer set.

Distribution of comparable compensation

$495 total compensation of comparable organizations → $79,550 $24,905
$5,70710th
$10,94325th
$30,303Median
$47,52775th
$57,56290th
$24,905This org · 40th
p10$5,707
p25$10,943
p50$30,303
p75$47,527
p90$57,562
$24,905

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
Education Foundation Of Greenville MI$142,913 Executive Di $11,273 $13,032 2024
Frank & Kathleen Blair & Christine MD$141,614 President $7,000 $7,330 2024
Friends Of Fmc Foundation Inc MT$141,318 Foundation Director $17,481 $21,105 2024
Bunny And Alan Bernstein Family MD$160,864 Public Director $36,499 $38,219 2024
Greenwood Heritage Foundation SC$129,555 President/ceo $45,508 $54,744 2023
Architectural Woodwork Institute VA$128,460 Secretary $45,856 $49,590 2024
Interfaith Caregivers Inc NY$122,420 Executive Director $57,046 $59,441 2023
Albers Family Affiliated Fund Of Occf OK$169,601 Secretary/trustee $25,864 $32,840 2023
First Baptist Church Of Phoenix AZ$170,980 Treasurer (Thru 12/23) $29,610 $31,894 2024
Kansas Farm Bureau Legal Foundation KS$175,550 President/di $21,168 $25,613 2024
Kelley Family Foundation OH$180,150 Secretary $26,221 $30,303 2025
Bonifacio Place Inc CA$180,523 Ceo $47,732 $47,527 2023
The Langford Family Foundation FL$110,132 Director $5,113 $5,380 2024
Ancor Foundation Inc VA$109,806 Chief Executive Officer $66,140 $73,639 2023
Eden Incorporated IL$185,739 Intl Director $42,600 $46,907 2024
Continental Divide Color Guard Circuit CO$185,947 Treasurer $1,000 $1,074 2024
The Mabel Fire Dept Relief Association MN$101,861 Gambling Manager $5,600 $6,198 2024
The Dove Foundation VA$98,402 President $458 $495 2024
Stanley J Bushman Supporting Foundation KS$97,738 President & Ceo $16,608 $20,096 2024
Faith Foundation Of Central Florida Inc FL$194,655 Executive Director $49,000 $50,228 2025
Bigfork Playhouse Children's MT$198,369 Vice Preside $64,000 $79,550 2023
Growing Years Children's Academy CA$206,512 President $26,000 $25,888 2023
Us Presidential Scholars Foundation MA$206,776 Interim Exec Director $7,520 $7,569 2024
White Family Supporting Foundation KS$207,970 Executive Director $36,272 $45,185 2023
L'arche Daybreak Foundation Us $210,625 Director Of Finance $10,943 $10,943 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 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 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 default40th
Total compensation (D + F), as reported (no adjustments)44th
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 (George Hallock) 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 25 similarly situated organizations (Same NTEE sector (T20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $24,905 is reasonable (approximately the 40th 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.