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PeerBasis
Compensation Comparability Determination

Asian American Chamber

Executive Director / CEO

EIN 264082119
VA · NTEE S41
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Cindy Shao, Executive Director / CEO ($75,000) against every comparable organization that fit the selection criteria — 20 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 45th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

20 organizations qualified on sector, size, and geography 20 within the band form the benchmarked peer set.

Distribution of comparable compensation

$4,200 total compensation of comparable organizations → $439,811 $75,000
$27,71710th
$52,93925th
$77,411Median
$112,07675th
$148,79390th
$75,000This org · 45th
p10$27,717
p25$52,939
p50$77,411
p75$112,076
p90$148,793
$75,000

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 VA 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
Federal It Security Institute VA$243,057 Executive Director And Ceo $30,000 $30,000 2024
Foundation For Strategic Sourcing Inc VA$236,820 Executive Dir. $46,669 $48,047 2023
State Business Executives VA$250,000 President & Ceo $121,500 $121,500 2024
Int'l Conf Of Symphony And Opera Musicians VA$259,149 Chairperson $7,363 $7,173 2025
Bedford Chamber Of Commerce Inc VA$221,895 President $55,108 $56,736 2023
Charlottesville Business Innovation VA$274,073 Executive Director $76,667 $76,667 2024
Professional Travel Agents Of North VA$275,101 Treasurer $4,200 $4,200 2024
Reflective Insulation Manufacturers Assn VA$210,409 Executive Direc $84,000 $86,481 2023
Mobilizing And Organizing Virginians For Engagement VA$277,499 Executive Director $94,000 $94,000 2024
Shared Services Leadership Coalition VA$278,150 Founder, Ceo & Board Membe $180,000 $185,317 2023
Virginia Association Of Independent VA$202,244 Executive Dir. $108,934 $108,934 2024
Hopewell Prince George Chamber Of Commerce VA$292,646 Ceo $80,000 $82,363 2023
Virginia Beach Restaurant Association VA$190,615 Executive Director $68,383 $70,403 2023
Vienna Business Association VA$189,060 Executive Di $80,222 $78,154 2025
Taan Worldwide Inc VA$319,194 President $140,583 $144,735 2023
Louisa County Chamber Of Commerce VA$165,743 Executive Director $53,003 $54,569 2023
Powhatan Chamber Of Commerce VA$326,450 Executive Director $65,000 $65,000 2024
Virginia Loggers Association Inc VA$334,889 Executive Di $125,000 $125,000 2024
The Greater Richmond Chamber Foundation VA$335,163 Chamber Ceo $439,811 $439,811 2024
Association Of State Criminal VA$359,801 Executive Dir. $40,000 $40,000 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VA 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 VA 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 default45th
Total compensation (D + F), as reported (no adjustments)45th
Reportable pay only (column D), adjusted50th
All sources (D + E + F), adjusted45th

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 (Cindy Shao) 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 20 similarly situated organizations (Same NTEE sector (S41) + VA + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $75,000 is reasonable (approximately the 45th 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.