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PeerBasis
Compensation Comparability Determination

Elizabeth Avenue Partnership Inc

Executive Director / CEO

EIN 223698211
NJ · NTEE S30
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of David H Strochak, Executive Director / CEO ($95,240) against every comparable organization that fit the selection criteria — 157 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 66th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

157 organizations qualified on sector, size, and geography 157 within the band form the benchmarked peer set.

Distribution of comparable compensation

$351 total compensation of comparable organizations → $265,455 $95,240
$14,30010th
$41,13825th
$75,828Median
$104,06975th
$141,25490th
$95,240This org · 66th
p10$14,300
p25$41,138
p50$75,828
p75$104,069
p90$141,254
$95,240

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
Washington Business Improvement Dis NJ$279,277 Executive Di $69,507 $69,507 2023
Intown Concord NH$284,189 Executive Di $75,487 $75,828 2024
The Creative Coast Inc GA$284,241 Executive Director (April-present) $51,326 $56,143 2024
Crawford County Economic Development Par IN$278,080 Executive Director $29,400 $34,725 2023
Adac Inc IN$287,218 Executive Di $41,154 $47,213 2024
Central Arkansas Council AR$275,000 Director $5,000 $6,295 2023
Renaissance Heights Foundation TX$274,703 Executive Dir. $105,401 $114,700 2024
Ypo Dfw TX$274,534 Chapter Manager $20,000 $21,203 2025
Fondren Renaissance Foundation MS$273,767 Executive Director $70,583 $85,521 2024
Ozaukee County Economic Development Corporation WI$273,374 Executive Director $36,000 $40,901 2024
Ellensburg Downtown Association WA$289,361 Executive Director $75,405 $73,444 2024
All Together Now Pennsylvania Inc PA$290,911 Co-director $32,500 $35,259 2024
Chicago Southland Economic IL$270,201 Executive Di $36,110 $38,620 2024
Wentworth Economic Development Corp NH$269,573 Executive Director $71,400 $71,723 2024
Fox Oakland Theater Inc CA$293,046 President $138,422 $133,873 2023
Marin Economic Forum CA$269,302 Ceo $188,542 $177,115 2024
Building 127 Ll Inc NY$268,876 Treasurer, Director $99,234 $97,552 2024
Rhea Economic And Tourism Council TN$268,307 Executive Director $52,625 $58,627 2025
Downtown Excelsior Partnership Inc MO$267,348 Executive Di $88,157 $101,578 2024
Noble County Convention And Visitor IN$267,279 Executive Di $55,640 $65,718 2023
Benton Economic Partnership Inc MN$297,127 Executive Dir. $134,525 $144,609 2024
Progress Lakeshore Inc WI$298,559 Executive Director $78,528 $89,220 2024
Naugatuck Valley Project Inc CT$263,743 Executive Director $70,000 $71,401 2024
Taylorville Main Street Inc IL$299,108 Executive Director $9,000 $9,626 2024
Dickinson County Economic KS$300,644 Executive Di $98,410 $115,660 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 2023 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 default66th
Total compensation (D + F), as reported (no adjustments)74th
Reportable pay only (column D), adjusted69th
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 (David H Strochak) 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 157 similarly situated organizations (Same NTEE sector (S30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $95,240 is reasonable (approximately the 66th 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.