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PeerBasis
Compensation Comparability Determination

Forest Lake Education Association

Executive Director / CEO

EIN 237125420
MN · NTEE J40
FY ending 2024-08-31
June 9, 2026

This analysis benchmarks the total compensation of Richard Elliot, Executive Director / CEO ($5,300) against every comparable organization that fit the selection criteria — 163 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 22nd percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

163 organizations qualified on sector, size, and geography 163 within the band form the benchmarked peer set.

Distribution of comparable compensation

$18 total compensation of comparable organizations → $285,433 $5,300
$2,15910th
$6,96125th
$22,304Median
$75,06075th
$136,45690th
$5,300This org · 22nd
p10$2,159
p25$6,961
p50$22,304
p75$75,060
p90$136,456
$5,300

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 MN 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
Action Research Collaborative Inc NY$365,415 Treasurer $9,500 $8,945 2023
Classified Employees AK$366,877 President $95,791 $92,683 2024
Bowling Green State University OH$367,156 President $8,400 $9,270 2023
American Federation Of Teachers NJ$363,650 President $28,880 $25,423 2025
Seminole County Professional FL$363,301 President $18,000 $17,619 2023
Northeast Florida Local Apwu FL$362,310 President $82,120 $80,380 2023
United Plant & Production Workers NY$361,646 President $242,494 $221,760 2024
Laborers International Union No 662 MO$360,066 President $3,105 $3,328 2024
United Union Of Roofers 42 Rdwa OH$371,848 Business Man $76,305 $81,791 2024
Nys Public Employees Conference Inc NY$358,497 Chairman $24,000 $22,596 2023
Jefferson County Education CO$372,786 President $141,132 $136,956 2024
The Rochester Association NY$358,063 President $8,802 $7,842 2025
International Brotherhood Of Electrical Workers FL$373,358 Director $83,157 $77,022 2025
Santa Rosa Professional Educators Inc FL$357,030 Executive Director $97,218 $92,428 2024
Ohio Valley And Southern States Laborers OH$374,527 Director $63,633 $68,208 2024
Connecticut Federation Of School CT$378,502 Co-president $75,000 $73,269 2023
Professional Firefighters Of Marion FL$379,839 President $12,656 $12,388 2023
Smithtown Teachers Assoc NY$380,190 Treasurer $1,706 $1,560 2024
Foundation For Fair Contracting - MD$381,958 Executive Director $187,413 $182,559 2023
Brewster Teachers Association NY$347,711 President $12,300 $10,958 2025
Pafca-aal TX$385,409 President $25,993 $25,636 2025
New York District Council NJ$386,073 President $87,846 $79,376 2024
Jewish Labor Committee NY$344,292 Executive Director $75,000 $70,613 2023
Iupat Dc 21 Nj Lmf-jtb NJ$389,823 Trustee $157,149 $141,997 2024
Retail Wholesale Dc Ufcw MI$340,811 President (P $70,293 $75,596 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 MN 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 default22nd
Total compensation (D + F), as reported (no adjustments)21st
Reportable pay only (column D), adjusted32nd
All sources (D + E + F), adjusted21st

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 (Richard Elliot) 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 163 similarly situated organizations (Same NTEE sector (J40), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $5,300 is reasonable (approximately the 22nd 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.