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PeerBasis
Compensation Comparability Determination

Race Housing Corporation

Executive Director / CEO

EIN 260393656
OH · NTEE L20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of James Steffey, Executive Director / CEO ($14,293) 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 41st percentile of comparable organizationswithin the typical range

Benchmarked executive: James Steffey — 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

$9 total compensation of comparable organizations → $100,985 $14,293
$6,05010th
$10,07125th
$20,580Median
$49,85475th
$63,15790th
$14,293This org · 41st
p10$6,050
p25$10,071
p50$20,580
p75$49,854
p90$63,157
$14,293

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 OH 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
Habitat For Humanity Of Cherokee SC$26,835 Executive Di $5,090 $5,014 2024
Mid-peninsula Holy Family Corporation CA$25,813 Cfo / Assistant Secretary $77,467 $63,157 2024
Beam Homes Inc MD$25,678 President $20,272 $18,423 2023
Chynoweth Housing Inc CA$27,995 President $41,962 $35,221 2023
W A F A WA$25,054 Executive Director $15,800 $13,751 2023
Pathstone Alliance For Better Housing PA$24,967 President $2,614 $2,461 2024
Newbridge Housing Ii Inc NJ$24,757 Ceo $11,980 $10,099 2024
Independence Iii Inc NJ$24,667 President $59,141 $49,854 2024
Salt & Light Housing I Inc NJ$23,305 President $59,141 $49,854 2024
Independence Iv Inc NJ$31,417 President $59,141 $49,854 2024
Boston Homeowner Services Collaborative MA$21,771 Chief Executive Officer $39,784 $34,751 2023
Ashmore Homes Inc MD$31,435 Chair $7,418 $6,741 2023
Mp St Matthew Inc CA$31,437 Cfo / Assistant Secretary $77,467 $63,157 2024
Lifetime Housing Development Corporation NY$31,753 President & Ceo $19,027 $16,233 2024
Rotary Valley Inc CA$32,377 Evp/cfo $120,262 $98,047 2024
Center For Housing Resources TX$33,160 Executive Dir. $86,029 $81,250 2024
Independence I Inc NJ$19,698 President $59,141 $49,854 2024
Fswp-gl V Inc PA$33,611 Ceo $28,093 $27,232 2023
Somersworth Community Development NH$33,722 Member $10 $9 2024
Alaw Ogden Gardens Inc PA$33,948 Director Of Construction $13,787 $13,364 2023
Hba Charitable & Educational MI$34,044 Executive Officer $7,030 $6,851 2024
Wynnton Neighborhood Housing Inc GA$19,043 Ex-officio Exec Secretary $24,000 $22,784 2024
Partnership Housing Inc CA$34,591 Chief Executive Officer $12,105 $10,161 2023
Southwest Neighborhood Housing Corp CO$34,711 Executive Director $8,935 $8,089 2024
Fellowship Realty Corp Of Massachusetts Inc RI$35,635 President $45,988 $42,864 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to OH 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 OH 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 default41st
Total compensation (D + F), as reported (no adjustments)38th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted38th

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 (James Steffey) 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 (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $14,293 is reasonable (approximately the 41st 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.