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PeerBasis
Compensation Comparability Determination

Newbridge Fund Inc

Executive Director / CEO

EIN 222698009
NJ · NTEE F32I
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Michelle Borden, Executive Director / CEO ($11,980) against every comparable organization that fit the selection criteria — 205 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 12th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

205 organizations qualified on sector, size, and geography 205 within the band form the benchmarked peer set.

Distribution of comparable compensation

$247 total compensation of comparable organizations → $329,898 $11,980
$11,05510th
$25,81625th
$44,626Median
$68,39175th
$83,59690th
$11,980This org · 12th
p10$11,055
p25$25,816
p50$44,626
p75$68,391
p90$83,596
$11,980

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
Restoried Life SC$120,599 Member $60,000 $68,300 2025
Consumer Avocates For Smoke Free Alternatives Association Inc NY$120,581 Ceo $56,837 $59,223 2023
St Landry-evangeline Sexual Assault LA$119,804 Executive Di $31,200 $39,616 2023
Special Needs Education And Resources Foundation PA$119,290 Officer $46,923 $52,409 2024
Knowresolve MI$119,233 Executive Di $68,000 $80,934 2023
A New Beginning Pregnancy Resource WV$123,182 Executive Di $43,651 $52,935 2024
Stepping Stones To Success Inc CA$118,760 Ceo $32,400 $31,335 2024
Emanuel Co Alcohol & Drug Inc GA$123,717 Director $33,233 $37,426 2024
Standing Firm Ministries Inc AR$118,516 Director $4,017 $5,207 2023
Dare Coalition Against Substance NC$118,147 Programs Dir $36,612 $43,621 2023
Above & Beyond Care OH$124,516 Ceo $110,975 $131,647 2024
Obed Apartments Inc RI$124,781 President $52,490 $58,037 2023
Community Coalitions Of Virginina VA$124,842 Coordinator $22,040 $23,220 2025
Kentucky Center For Grieving Children And Families Inc KY$125,230 Executive Director $79,833 $96,064 2024
Wsk House Inc MA$125,238 Ceo $3,300 $3,419 2023
The Arc Of The Gulf Coast TX$116,993 Executive Director $61,300 $70,708 2023
Thresholds Housing Inc IL$116,338 Chief Executive Officer $29,764 $33,741 2023
Amity Resource Management Inc NY$115,962 Executive Director $16,361 $17,048 2023
Hdc Foundation Inc FL$126,715 Vice President $68,495 $70,211 2025
Serenity Recovery Of Western Kenucky Inc KY$126,822 Managing Director $37,008 $44,532 2024
Tennessee Certification Board Inc TN$126,995 Executive Director $66,433 $78,211 2024
Siouxland Cares About Substance Abuse IA$127,423 Executive Director $58,548 $71,800 2024
Richmondwayne County Halfway House IN$127,551 Program Director $40,711 $48,085 2024
Wings Of Hope Recovery Services OH$128,019 Director $72,332 $85,806 2024
Strategies For Change CA$114,061 Director $38,295 $38,130 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 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 default12th
Total compensation (D + F), as reported (no adjustments)13th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted78th

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 (Michelle Borden) 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 205 similarly situated organizations (Same NTEE major group (F), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $11,980 is reasonable (approximately the 12th 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.