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PeerBasis
Compensation Comparability Determination

Villas Volunteer Fire Company Inc

Executive Director / CEO

EIN 223043043
NJ · NTEE M24
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Rick Masico, Executive Director / CEO ($1,000) against every comparable organization that fit the selection criteria — 165 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 24th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

165 organizations qualified on sector, size, and geography 165 within the band form the benchmarked peer set.

Distribution of comparable compensation

$29 total compensation of comparable organizations → $155,687 $1,000
$47010th
$1,01225th
$2,736Median
$10,60675th
$37,13090th
$1,000This org · 24th
p10$470
p25$1,012
p50$2,736
p75$10,606
p90$37,130
$1,000

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 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
Lake Pleasant Volunteer Fire Department NY$230,088 Vice President $3,554 $3,597 2024
Anderson Township Perry County Fire Dept Inc IN$229,966 Fire Chief $599 $707 2024
Vestal Fire Department Inc NY$229,649 Recording Secretary $1,000 $1,042 2023
Ringgold Volunteer Fire & Rescue Inc VA$228,267 Director $15,546 $16,812 2024
Garretson Volunteer Fire Department SD$234,627 President $1,200 $1,483 2024
Long Cove Volunteer Fire Department AL$225,080 Employee $128,667 $155,687 2024
Elgin Rural Fire Truck Assn MN$235,476 President $120 $133 2024
Hawtree Volunteer Fire Department Inc NC$224,891 Chief $256 $306 2023
Floyd Romance Volunteer Fire Department AR$224,769 Treasurer $1,313 $1,610 2025
Wellsburg Volunteer Fire Department Inc WV$223,428 Fire Chief $600 $728 2024
Western Wayne County Fire MI$237,161 Executive Di $10,200 $12,140 2023
Kittrell Volunteer Fire Department NC$237,641 President $18,290 $21,167 2024
Routt County Wildfire Mitigation Council CO$222,467 Executive Director $68,221 $73,267 2024
Flushing Volunteer Fire Department OH$222,384 President $21,975 $26,838 2023
Quinter Ambulance Service Inc KS$238,761 Chairman $29,664 $36,953 2023
United Fire Company No 1 NY$239,248 Financial Se $3,000 $3,036 2024
Lake Kabetogama Area Vol Fire Dept MN$221,132 Treasurer $3,600 $3,881 2025
Freehold Volunteer Fire Company Inc NY$220,673 President $500 $521 2023
Fuller Hose Company No 1 PA$240,021 Secretary $400 $460 2023
Litchfield County Fire Chiefs Emergency CT$220,415 School Director $6,150 $6,650 2023
Hope Engine Company Number 1 Of White Plains New York NY$220,265 Treasurer $300 $313 2023
Albany Area Volunteer Fire Dep OH$219,413 Fire Chief $390 $451 2025
Lakota Fire Protection District Inc ND$241,711 Sec/treasure $6,517 $8,246 2023
Rio Grande Volunteer Fire Co #1 Inc NJ$217,708 President $1,200 $1,200 2024
Manitowish Waters Fire Company WI$242,904 Chief $3,000 $3,509 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 default24th
Total compensation (D + F), as reported (no adjustments)24th
Reportable pay only (column D), adjusted27th
All sources (D + E + F), adjusted24th

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 (Rick Masico) 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 165 similarly situated organizations (Same NTEE sector (M24), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $1,000 is reasonable (approximately the 24th 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.