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PeerBasis
Compensation Comparability Determination

Farmers Electric Charitable Foundation

Executive Director / CEO

EIN 260749479
TX · NTEE T30
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Mark Stubbs, Executive Director / CEO ($180,924) against every comparable organization that fit the selection criteria — 21 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 100th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Mark Stubbs — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

21 organizations qualified on sector, size, and geography 21 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,893 total compensation of comparable organizations → $136,184 $180,924
$20,23610th
$23,31125th
$53,422Median
$80,13375th
$108,89490th
$180,924This org · 100th
p10$20,236
p25$23,311
p50$53,422
p75$80,133
p90$108,894
$180,924

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 TX 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
Brookshire Brothers Charitable TX$417,884 Treasurer $20,236 $20,236 2023
Houston Marathon Foundation TX$417,366 Executive Director $22,070 $20,884 2025
Vandergrift Lacrosse Booster TX$409,148 Program Director $30,000 $28,388 2025
Houston Food Bank Endowment Inc TX$404,475 President & Ceo $76,743 $76,743 2023
Grapevine-colleyville Isd TX$442,825 Executive Dir. $82,500 $80,133 2024
Rescue Her Inc TX$457,182 Executive Director $45,000 $43,709 2024
Family Promise Of Clear Creek TX$375,801 Executive Dir. $82,364 $80,001 2024
Impact Austin Foundation TX$465,504 Executive Director $140,207 $136,184 2024
Foundation For Community Empowerment TX$360,485 Treasurer $31,000 $30,111 2024
Cancer Services Network Inc TX$487,171 Executive Director $70,010 $68,001 2024
Pregnancy Help Center Of Galveston Inc TX$491,348 Executive Director $71,966 $69,901 2024
Great Southwest Equestrian Foundation TX$328,505 Treasurer/director $23,832 $23,148 2024
The Dee Howard Foundation TX$521,297 Executive Director $108,894 $108,894 2023
Mansfield Isd Education Foundation TX$530,474 Executive Di $100,009 $100,009 2023
Big Brothers Big Sisters Lone Star TX$545,495 Ceo $3,888 $3,776 2024
B O N A Foundation Inc TX$557,126 President $1,949 $1,893 2024
Otis And Rosie Brown Foundation TX$559,612 Executive Dir. $24,000 $23,311 2024
The Wine & Food Foundation Of Texas TX$567,369 Executive Director $127,331 $123,678 2024
Nami Greater Houston TX$583,229 Chief Executive Officer $110,000 $106,844 2024
Lyc Concours Corporation TX$592,309 Concours Cha $55,000 $53,422 2024
Hope Hospice Foundation TX$623,713 Executive Di $26,726 $25,959 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default100th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted95th

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 (Mark Stubbs) 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 21 similarly situated organizations (Same NTEE sector (T30) + TX + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $180,924 is reasonable (approximately the 100th 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.