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PeerBasis
Compensation Comparability Determination

Larksfield Place Foundation Inc

Executive Director / CEO

EIN 263384821
KS · NTEE L112
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Michael Hambley, Executive Director / CEO ($15,674) against every comparable organization that fit the selection criteria — 17 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 12th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

17 organizations qualified on sector, size, and geography 17 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,090 total compensation of comparable organizations → $70,989 $15,674
$14,36610th
$19,72325th
$24,150Median
$39,74275th
$54,06890th
$15,674This org · 12th
p10$14,366
p25$19,723
p50$24,150
p75$39,742
p90$54,068
$15,674

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 KS 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
Resident Services Empowerment Inc MA$319,138 Director Of Construction $54,581 $44,098 2024
Rci Village Properties PA$353,722 Executive Director $1,216 $1,090 2024
St Matthew San Mateo Inc CA$306,585 Cfo / Assistant Secretary $77,467 $60,142 2024
Rockland Mha Holding Inc NY$363,735 President & Ceo $36,012 $30,122 2023
Community Development WI$378,835 Exec Directo $18,000 $17,401 2023
Firehouse 23 Qalicb WA$386,624 Treasurer Thru 11/23 $11,842 $9,814 2023
Augusta Community Center CA$390,007 Executive Director $25,405 $19,723 2024
The Carol Woods Charitable Fund Inc NC$396,721 President And Ceo $19,972 $19,102 2023
Poah Support Corporation 2 MA$271,585 Director/president $28,959 $24,088 2023
Bethesda Foundation Of Willmar MN$406,571 Ceo $42,961 $38,166 2024
Cedar Crest Foundation WI$256,369 President/ceo $42,325 $39,742 2024
Morningstar Senior Living Foundation PA$415,192 Bm-mslf, Pres./ceo-msl(until 9/30/23) $25,632 $23,660 2023
Prelude Si Corporation NY$250,254 Executive Director/treasurer $29,726 $24,150 2024
Tulsa Jewish Retirement Foundation OK$248,725 Ceo $50,522 $50,018 2024
Broadway Housing Communities Foundation NY$421,008 Executive Director $31,386 $25,499 2024
Sinai Assisted Housing Foundation Inc DC$428,196 Executive Director $92,357 $70,989 2025
Boston Public Housing Corporation MA$457,270 President Until 8/4/2023 $27,754 $22,423 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to KS 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 KS 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 default12th
Total compensation (D + F), as reported (no adjustments)12th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted41st

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 (Michael Hambley) 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 17 similarly situated organizations (Same NTEE sector (L11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $15,674 is reasonable (approximately the 12th 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.