Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Illinois Reading Council Inc

Executive Director / CEO

EIN 237026824
IL · NTEE B03
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Carrie Sheridan, Executive Director / CEO ($82,000) against every comparable organization that fit the selection criteria — 64 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 56th percentile of comparable organizationswithin the typical range

Benchmarked executive: Carrie Sheridan — reported title “EXECUTIVE DIR.”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

64 organizations qualified on sector, size, and geography 64 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,526 total compensation of comparable organizations → $299,261 $82,000
$19,01110th
$44,91025th
$77,179Median
$113,61475th
$192,62990th
$82,000This org · 56th
p10$19,011
p25$44,910
p50$77,179
p75$113,614
p90$192,629
$82,000

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 IL 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
Ischools Inc MA$473,028 Exec Dir (Fr $89,279 $83,764 2024
It4causes Inc VA$463,496 Chair $157,793 $163,771 2023
Practice Transformation Institute MI$480,890 Vice-preside $73,669 $79,391 2024
Achieve Hartford Inc CT$460,828 Executive Di $173,538 $174,902 2023
Apga Security And Integrity Foundation DC$482,269 Ceo $48,104 $44,074 2024
Abundant Life Ministries Hope FL$485,074 Ceo $65,000 $63,755 2024
The Sarah Stitt Hope Foundation Inc OK$457,121 Executive Director $4,200 $4,971 2023
Harvard Alumni Entrepreneurs Inc MA$492,379 President $120,000 $109,686 2025
The Paradigm Project IL$448,500 President $9,507 $10,047 2023
Small World Yoga Inc TN$494,491 Executive Dir. $75,000 $84,742 2023
National Association Of Corporate Directors TX$446,614 Executive Director $180,700 $188,725 2024
Athenia Veterans Post Inc NJ$500,431 1st Vice Commander $12,000 $10,898 2025
Tennessee Music Education Association TN$441,617 Treasurer / Executive Director $20,960 $23,004 2024
Utah Coalition For Educational UT$441,579 Treasurer $3,300 $3,526 2024
Virginia Council For Private Education VA$505,724 Executive Director $115,885 $116,825 2024
Wingsforgrowth Inc NJ$435,310 Founder And Ceo $81,250 $75,742 2024
Center For Mindful Relationships CA$429,861 Clincal Directr $75,400 $67,978 2024
Association Of Specialized & IL$517,459 Former Executive Director/sec. $299,261 $299,261 2025
Sogal Foundation FL$421,062 Operations & Partnerships Mana $63,236 $66,474 2022
Whitaker Small Farm Group Inc NC$403,763 Presidentceo $63,500 $68,505 2024
The Heads Network Inc IL$540,489 Executive Dir. $142,500 $146,270 2024
Connectable Inc IN$543,727 Director $45,720 $50,340 2024
Nassau-suffolk School Boards Association NY$550,413 Executive Director $151,482 $139,234 2025
Impact Capital Managers Institute Inc NY$550,900 Executive Director $83,017 $80,637 2023
American Association Of University OH$554,249 Executive Di $175,704 $194,302 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL cost of living and 2025 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 IL 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 default56th
Total compensation (D + F), as reported (no adjustments)59th
Reportable pay only (column D), adjusted56th
All sources (D + E + F), adjusted50th

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 (Carrie Sheridan) 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 64 similarly situated organizations (Same NTEE sector (B03), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $82,000 is reasonable (approximately the 56th 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.