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PeerBasis
Compensation Comparability Determination

Spring Meadows Ii Senior Non-profit Housing

Executive Director / CEO

EIN 261795340
MI · NTEE L22
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Rae Stachnik, Executive Director / CEO ($30,745) against every comparable organization that fit the selection criteria — 214 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: Rae Stachnik — reported title “Administrator”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

214 organizations qualified on sector, size, and geography 214 within the band form the benchmarked peer set.

Distribution of comparable compensation

$276 total compensation of comparable organizations → $464,085 $30,745
$9,60110th
$18,64625th
$35,017Median
$56,99575th
$79,29390th
$30,745This org · 41st
p10$9,601
p25$18,646
p50$35,017
p75$56,995
p90$79,293
$30,745

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 MI 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
Cross Lanes Unity Apartments Inc WV$279,009 President $53,483 $56,104 2024
Sparta Retirement Community Inc MI$280,087 President & Ceo $31,878 $32,820 2023
Network Housing '96 Inc OH$278,359 Ceo (Exited 3.24.25) $30,598 $31,398 2024
Bay Aging Apartments Colonial Beach Inc VA$280,508 President $17,050 $15,949 2024
Stevens Senior Housing Of Ludlow Inc MA$276,929 Assistant Clerk $13,641 $11,876 2024
Goodwin House Development Corporation VA$281,848 Ghi Ceo $51,381 $48,064 2024
Richard Lieb Senior Apartments Inc CA$283,023 Former Exec Dir $15,870 $13,669 2023
Bella Vida Forefront Living TX$273,417 Chief Executive Officer $59,739 $57,895 2024
Summerside Woods Inc OH$273,334 Chief Executive Officer $7,729 $8,165 2023
New Richmond Senior Housing Inc MN$286,056 President & Ceo $41,871 $40,084 2024
Aster Inc OR$286,149 Chair $6,799 $6,117 2024
Primrose Apartments Inc PA$287,265 Ceo $18,725 $18,091 2024
The Army Retirement Residence Foundation VA$271,300 Executive Director $114,167 $106,798 2024
Snhs Raymond Elderly Housing Inc NH$271,123 Treasurer $53,564 $46,682 2025
Chippewa Lutheran Housing Corp PA$270,824 Chief Executive Officer $39,302 $39,093 2023
Appleway Court 202 WA$270,668 Ceo (Through $114,999 $99,751 2024
Independent Living Waipahu Inc MN$288,164 President/tr $65,715 $64,768 2023
Whitfield Place Inc GA$288,241 President/ceo And Vice Chair $119,279 $116,195 2024
Ewing Community Seniors Housing Inc MO$288,499 Bookkeeper $12,250 $12,570 2024
Indian Rock Supportive Housing Inc MA$268,885 President $37,386 $31,709 2025
Still Hopes Development Company SC$289,773 Ceo $116,170 $117,416 2024
Newburgh Seniors' Housing Corporation- ME$289,775 Executive Director $3,355 $3,255 2024
South Charleston Unity Apts Inc WV$290,240 President $53,483 $56,104 2024
Dunn Family Senior Citizens Home Inc MI$268,279 Assistant Secretary $69,471 $67,680 2025
Rose Of Mary Terrace WA$290,470 Executive Di $36,157 $32,289 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MI 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 MI 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)40th
Reportable pay only (column D), adjusted87th
All sources (D + E + F), adjusted12th

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 (Rae Stachnik) 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 214 similarly situated organizations (Same NTEE sector (L22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $30,745 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.