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PeerBasis
Compensation Comparability Determination

Credo Housing Development Inc

Executive Director / CEO

EIN 222813920
CT · NTEE L20Z
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Robert Dorr, Executive Director / CEO ($41,000) against every comparable organization that fit the selection criteria — 145 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 79th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

145 organizations qualified on sector, size, and geography 145 within the band form the benchmarked peer set.

Distribution of comparable compensation

$869 total compensation of comparable organizations → $314,145 $41,000
$7,74410th
$15,34225th
$24,439Median
$39,31975th
$70,78690th
$41,000This org · 79th
p10$7,744
p25$15,342
p50$24,439
p75$39,319
p90$70,786
$41,000

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 CT 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
Cht Vision Inc NJ$71,144 Secretary/treasurer $10,604 $10,098 2024
Schaadt Apartment Corporation IN$71,350 Ex-officio & Regional Ceo $63,183 $73,162 2023
Oakland Estates Apartments Inc IN$70,856 President & Ceo $52,409 $58,946 2024
Banjo Lane Apartments Inc MD$71,923 President $12,607 $12,571 2024
Main-ferry Housing Development Fund NY$72,018 President $104,461 $100,675 2024
Appletree Housing Inc PA$70,173 President & Ceo $10,357 $10,732 2025
Catalina Housing Foundation AZ$69,765 President & Ceo $8,192 $8,651 2023
Kirkland Homes Inc MD$72,561 President $20,272 $20,811 2023
Abilities At Morningside Ii Inc FL$69,616 President/ceo $38,173 $39,377 2023
Jamestown Affordable Housing Inc NY$72,808 President $18,993 $18,305 2024
Centennial Housing Inc MD$69,439 President $20,272 $20,811 2023
Escalante Meadows Development Company CA$69,334 Ceo $35,624 $32,808 2024
Vesta Enteka Inc MD$73,017 President $21,417 $21,355 2024
Allies Homes Inc NJ$73,058 Chief Executive Officer $29,476 $28,069 2024
Kalani Mala Inc HI$69,194 Vp/secretary $29,184 $27,867 2024
Newbridge Housing I Inc NJ$73,081 Ceo $4,464 $4,251 2024
721 East 6th Street Housing Development NY$73,334 Executive Director $2,057 $2,041 2023
Tsi Properties I Inc NY$73,522 Assist Secret(nonvoting)/ceo-tsiny $100,627 $99,844 2023
Abilities At Woodside Inc FL$73,554 President/ceo $38,173 $39,377 2023
Ottey Homes Inc MD$73,737 President $20,272 $20,811 2023
Walden Place Inc MD$68,485 President $20,272 $20,811 2023
Ican Garden Apartments Inc OH$73,950 Executive Director $13,581 $15,342 2024
D&b Affordable Housing Inc NV$68,274 President, Treasurer, Dire $12,694 $13,571 2024
Westminsterwashingtonnmtc Inc MA$68,073 Board Member $4,648 $4,340 2025
Rural Community Improvement Corporation GA$68,048 President $3,071 $3,391 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CT 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 CT 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 default79th
Total compensation (D + F), as reported (no adjustments)81st
Reportable pay only (column D), adjusted95th
All sources (D + E + F), adjusted6th

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 Dorr) 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 145 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $41,000 is reasonable (approximately the 79th 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.