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

Ccarc Foundation Inc

Executive Director / CEO

EIN 260149896
CT · NTEE T30
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Linda Iovanna, Executive Director / CEO ($22,077) against every comparable organization that fit the selection criteria — 37 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 30th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

37 organizations qualified on sector, size, and geography 37 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,025 total compensation of comparable organizations → $280,410 $22,077
$6,09910th
$14,89125th
$28,003Median
$45,55975th
$133,96890th
$22,077This org · 30th
p10$6,099
p25$14,891
p50$28,003
p75$45,559
p90$133,968
$22,077

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
John O Anthony TX$44,310 Trustee $5,304 $5,659 2023
Perlman Family Foundation Inc NJ$41,826 Secretary And Treasurer $11,500 $10,951 2023
Civie And Earl Pertnoy Family FL$45,067 Board Member $279,869 $280,410 2023
Hudson Headwaters Health Foundation Inc NY$40,105 Ceo Of Hhhn & Ex Officio $86,967 $81,410 2024
Boston Charitable Trust Fund MA$39,359 Cfo, Collector-treasurer $27,099 $25,227 2024
North Hudson Community Action Foundation Inc NJ$39,288 Director $3,399 $3,062 2025
Btcf Resources Inc MA$39,006 Interim President/ceo, Eff. 9/2024 $38,088 $35,456 2024
Foundation Property Inc PA$38,813 President/ceo $23,750 $25,260 2023
Shaevsky Family Foundation MI$38,406 Treasurer $26,189 $28,003 2024
Local 2222 Ibew Benevolent Fund Tr MA$38,181 President Trustee/ Retired 12/2023- Deceased $8,510 $8,156 2023
Gershenson Family Support Foundation MI$37,876 Secretary/treasurer $26,189 $28,003 2024
Downtown South Bend Inc Foundation IN$49,393 Exec Directo $13,631 $14,891 2024
Hope Church Endowment Fund MI$36,762 Director $50,000 $55,042 2023
Unc Health Rockingham NC$36,401 Director $47,207 $52,023 2023
The Miss America Foundation Inc NJ$50,215 Ceo $174,352 $166,027 2023
Lawrence C Sherman Family Foundation OH$50,287 Treasurer Thru 6/29/23 $40,331 $45,559 2023
Martha O'bryan Foundation Inc TN$50,818 Ceo $20,575 $23,066 2023
Woodland Public Charity MO$50,822 Program Manager $12,500 $13,715 2024
Zlotoff Family Support Foundation MI$34,634 Treasurer $26,189 $28,003 2024
Wagner Descendant's Foundation IL$33,620 Secretary $121,518 $127,416 2023
Anoka Hennepin Credit Union MN$33,076 Treasurer $39,821 $41,966 2023
Hospice Foundation Of Oklahoma OK$53,633 Secretary $25,864 $30,375 2023
Kids Against Hunger - Your Quad Cities IA$54,173 President / Secetary $18,000 $20,418 2024
Kay Trust Co Twin Lakes Baptist Church CA$54,511 President $116,052 $103,812 2024
Tena & Fred Oates Foundation SC$31,843 Secretary $245,029 $264,812 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CT 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 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 default30th
Total compensation (D + F), as reported (no adjustments)38th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted57th

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 (Linda Iovanna) 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 37 similarly situated organizations (Same NTEE sector (T30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $22,077 is reasonable (approximately the 30th 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.