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PeerBasis
Compensation Comparability Determination

Community Development Fund Of Utah

Executive Director / CEO

EIN 273251347
UT · NTEE S30
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of J Todd Reeder, Executive Director / CEO ($27,320) against every comparable organization that fit the selection criteria — 26 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 27th percentile of comparable organizationswithin the typical range

Benchmarked executive: J Todd Reeder — reported title “CHIEF EXECUTIVE OFFICER”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

26 organizations qualified on sector, size, and geography 26 within the band form the benchmarked peer set.

Distribution of comparable compensation

$10,835 total compensation of comparable organizations → $120,608 $27,320
$20,35810th
$27,03325th
$43,910Median
$56,17275th
$89,26790th
$27,320This org · 27th
p10$20,358
p25$27,033
p50$43,910
p75$56,172
p90$89,267
$27,320

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 UT 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
Borderplex Community Capital Inc TX$80,591 President & Ceo $91,437 $86,804 2024
Orleans County Local Development NY$82,917 C.e.o./c.f.o. $23,698 $20,323 2024
Overland Park Chamber Foundation KS$85,551 President $32,826 $33,655 2024
Barrio Logan Association CA$77,320 Director $53,800 $44,088 2024
Grants Mainstreet Project NM$75,786 Executive Dire $26,017 $25,872 2025
Wake Forest Innovation Quarter Cdc NC$75,240 Director & President $56,067 $56,603 2023
Innovation Fund America Inc OH$75,113 Treasurer $17,000 $17,088 2024
Lincoln Economic Advancement & IL$94,896 Ceo $99,879 $95,940 2023
Onmain Inc OH$66,667 President/coo $42,799 $44,291 2023
Vergennes Partnership Inc VT$96,959 Executive Director $27,560 $26,326 2024
Dawson Co Economic Development Council MT$66,093 Executive Director $28,500 $29,155 2024
Greenfield Main Street Inc IN$99,764 Executive Director $55,000 $55,044 2024
Greater Chicago Advanced Manufacturing IL$103,136 Executive Dir. $46,872 $43,732 2024
Black Chamber Of Commerce Of Greater Kansas City MO$103,214 Executive Director $29,794 $29,948 2024
Regional Economic Development And Energy NY$60,050 President $106,965 $91,730 2024
Argentine Betterment Corporation KS$106,067 Executive Dir. $70,868 $74,805 2023
The Partnership Foundation Inc MS$55,821 Secretary $20,071 $21,214 2024
Economic And Community Growth PA$109,285 President/ce $43,001 $40,696 2024
Northwest Nebraska Development Corp NE$112,564 Executive Di $55,093 $56,235 2024
Greater Topeka Partnership Foundation KS$113,645 President & Ceo $51,343 $54,195 2023
Sonoma County Economic Development CA$115,632 Ed/secretary $13,221 $10,835 2024
Crawford County Development Association IL$116,392 Executive Director $60,000 $55,981 2024
Hudson Development Corporation NY$117,479 Executive Director $36,997 $32,665 2023
Xlerate Health Inc KY$117,500 Chief Executive Officer $20,000 $20,392 2024
Greater Portland Partnership OR$117,584 President And Ceo & Director $59,088 $52,076 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to UT 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 UT 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 default27th
Total compensation (D + F), as reported (no adjustments)23rd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted65th

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 (J Todd Reeder) 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 26 similarly situated organizations (Same NTEE sector (S30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $27,320 is reasonable (approximately the 27th 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.