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PeerBasis
Compensation Comparability Determination

Reading United Soccer Club Inc

Executive Director / CEO

EIN 264379339
MA · NTEE N64
FY ending 2024-08-31
June 9, 2026

This analysis benchmarks the total compensation of Michael Sheedy, Executive Director / CEO ($11,925) against every comparable organization that fit the selection criteria — 141 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: Michael Sheedy — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

141 organizations qualified on sector, size, and geography 141 within the band form the benchmarked peer set.

Distribution of comparable compensation

$250 total compensation of comparable organizations → $111,770 $11,925
$2,80010th
$8,88925th
$22,915Median
$51,75875th
$78,29890th
$11,925This org · 30th
p10$2,800
p25$8,889
p50$22,915
p75$51,758
p90$78,298
$11,925

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 MA 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
Mesa Soccer Association Inc CA$279,985 Treasurer $2,000 $1,922 2024
Central Arkansas Soccer Club AR$278,895 Rec Director $7,300 $9,131 2024
Nw Iowa Soccer Alliance IA$282,867 Director $30,688 $38,496 2023
San Diego California Soccer League CA$283,155 President $18,000 $16,851 2025
United Philly Soccer Inc PA$275,824 Vice President $1,000 $1,110 2024
Bysa Inc NJ$275,225 Chairman/treasurer $13,903 $13,814 2024
Milan Usa Academy CA$274,844 President $16,000 $15,375 2024
Psv Union Fc CA$273,925 Secretary $102,500 $101,404 2023
Tracyton Soccer Club WA$285,580 Registrar And Administrator $12,160 $12,115 2024
The Soccer Club Of Guilford Inc CT$272,308 Director Of Programming $14,000 $14,608 2024
Houston Fc TX$287,753 President $36,000 $40,074 2024
Elk Grove United Soccer Club CA$270,364 President $75,482 $72,532 2024
Ballard Youth Soccer Club WA$289,392 Director, Registrar $23,400 $22,713 2025
Northeast United Premier Sc CT$268,710 President $5,000 $5,082 2025
Fife Milton Edgewood Junior Soccer Club WA$292,907 President $500 $498 2024
Dekalb County United Academy IL$294,587 President $26,255 $28,724 2024
Celtic Soccer Club PA$263,588 Former Board Member $16,004 $18,285 2023
Elkhart Flames Soccer Club Inc IN$263,360 Registrar $2,684 $3,242 2023
Revere Fc Inc MA$263,317 President $40,000 $38,969 2025
Cullman United Soccer Club AL$263,127 Coaching $34,448 $42,637 2023
Rovers Soccer Organization Inc CA$262,540 President $6,400 $6,150 2024
Black Watch Soccer Club Inc NY$297,441 Presidentceo $79,998 $80,444 2024
Centex Storm Soccer Club Inc TX$297,637 General Manager $11,000 $12,245 2024
American River Futbol Club CA$298,037 Director Of Coaching $12,000 $11,531 2024
Elite Soccer Youth Development MD$299,769 President $28,510 $29,661 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MA 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 MA 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)33rd
Reportable pay only (column D), adjusted31st
All sources (D + E + F), adjusted30th

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 Sheedy) 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 141 similarly situated organizations (Same NTEE sector (N64), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $11,925 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.