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PeerBasis
Compensation Comparability Determination

Mississippi Apartment Association

Executive Director / CEO

EIN 260395422
MS · NTEE S40
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Meghan Elder, Executive Director / CEO ($58,803) against every comparable organization that fit the selection criteria — 91 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: Meghan Elder — reported title “ASSOCIATION DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

91 organizations qualified on sector, size, and geography 91 within the band form the benchmarked peer set.

Distribution of comparable compensation

$4,519 total compensation of comparable organizations → $278,919 $58,803
$36,63810th
$55,63025th
$71,899Median
$101,97675th
$161,59290th
$58,803This org · 30th
p10$36,638
p25$55,630
p50$71,899
p75$101,976
p90$161,592
$58,803

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 MS 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
Girard Area Industrial Development Corp PA$333,361 Chairman $73,442 $63,872 2024
Pike District Partnership Inc MD$332,944 Executive Director $90,000 $73,381 2024
Tic Council Americas Inc DC$331,703 Executive Director-til 8/2023 $99,221 $78,177 2023
The Cannabis Alliance WA$331,103 Executive Dir. $45,833 $36,844 2023
Carroll County Economic Development GA$330,816 Exec Committee $237,071 $214,026 2023
African American Real Estate DC$328,179 President $46,500 $36,638 2023
Forward High Point Inc NC$322,019 Chief Executive Officer $104,545 $91,779 2025
Irrigation & Electrical Districts AZ$349,001 Executive Di $308,828 $259,023 2024
Fulshear-katy Area Chamber Of Commerce TX$319,654 President $94,994 $85,319 2023
Michigan Israel Business Accelerator MI$353,207 Chief Executive Officer (End Jan 2025) $19,401 $17,464 2024
Ingersoll Grand Self-supported Municipal IA$354,444 Executive Dir. $76,987 $71,620 2025
The Construction Institute Inc CT$354,876 Executive Director $74,200 $62,465 2023
Imperial County Association Of Realtors CA$354,935 Chief Executive Officer $79,960 $60,215 2024
National Cooperative Procurement MN$311,046 Executive Director $140,400 $120,989 2024
Kansas Independent Electrical KS$309,646 Executive Di $70,833 $68,708 2023
Central Texas Angel Network TX$306,410 Executive Director $128,792 $112,356 2024
Michigan Retailers Foundation MI$365,589 President/ce $59,220 $54,882 2023
Dbl Equity Partners ND$304,896 President, Ceo, And Secret $48,437 $46,357 2024
Construction Builders Association OH$304,251 Executive Director $98,500 $93,672 2023
Isa Michigan MI$367,250 Executive Director $85,000 $78,774 2023
Auto Body Association Of Texas TX$303,287 Executive Dir. $72,048 $62,853 2024
Ohio Alliance Of Ymca's OH$369,773 Chief Executive Officer $223,730 $212,763 2023
Hawaii Masons And Plasterers Union HI$370,416 Executive Director $180,031 $140,569 2024
Chelsea Area Chamber Of Commerce MI$372,034 Executive Di $72,870 $65,595 2024
Aec Unites DC$375,265 Executive Director $114,357 $90,103 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MS 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 MS 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)21st
Reportable pay only (column D), adjusted30th
All sources (D + E + F), adjusted24th

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 (Meghan Elder) 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 91 similarly situated organizations (Same NTEE sector (S40), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $58,803 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.