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PeerBasis
Compensation Comparability Determination

Moorhead Business Association Inc

Executive Director / CEO

EIN 274254782
MN · NTEE S41
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Sheri Larson, Executive Director / CEO ($74,380) against every comparable organization that fit the selection criteria — 433 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 64th percentile of comparable organizationswithin the typical range

Benchmarked executive: Sheri Larson — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

433 organizations qualified on sector, size, and geography 433 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $274,776 $74,380
$11,94410th
$37,23425th
$62,129Median
$87,11275th
$120,61190th
$74,380This org · 64th
p10$11,944
p25$37,234
p50$62,129
p75$87,112
p90$120,611
$74,380

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 MN 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
Massachusetts Secondary School MA$215,034 Director $7,000 $6,024 2025
Springfield Tech Council MO$215,244 Executive Director $61,674 $66,108 2023
Platte Chamber Of Commerce Inc SD$214,573 Executive Director $53,169 $57,682 2024
Agribusiness Henderson County Inc NC$215,370 President/ce $66,882 $67,932 2024
Prisme Forum OH$215,496 Secretary/tr $10,000 $10,143 2025
Washington Aviation Association WA$215,654 Pres & Treas $37,500 $33,003 2024
Central Baldwin Chamber Of Commerce AL$215,769 Executive Director $1 $1 2024
Adult Non-alcoholic Beverage Assoc Inc DE$215,948 Secretary $144,375 $143,066 2023
Birch Bay Chamber Of Commerce WA$213,931 Executive Director $43,290 $39,224 2023
Storm Lake United IA$213,673 Executive Di $33,350 $35,895 2024
National Association Of Certified TX$216,295 Executive Dir. $100,000 $98,330 2024
Culver City Arts District CA$216,320 Executive Dir. $12,368 $10,808 2023
Sonoma Alliance For Vineyards And CA$212,922 Executive Dir. $86,996 $76,025 2023
Procedure Professionals Association Inc FL$217,027 Owner $1,800 $1,662 2024
Germantown Area Chamber Of Commerce WI$217,363 Executive Direc $46,050 $47,275 2024
Austin Chamber Of Commerce IL$217,403 Executive Dir. $27,650 $30,931 2021
Oregon Cheese Guild OR$217,494 Executive Director $84,000 $76,681 2024
Elkhart Lake Chamber Of Commerce WI$212,172 Exec Direct $54,594 $56,047 2024
Michigan Association Of Airport MI$211,414 Executive Di $40,500 $41,092 2024
Colerain Chamber Of Commerce Inc OH$218,999 President $74,500 $79,856 2023
Missouri Ambulance Association MO$219,053 Executive Director $16,500 $17,179 2024
Professional Bail Agents Assn Of Ms MS$210,582 Executive Di $48,675 $53,290 2024
Black Business Association Of La CA$210,410 President $49,500 $43,258 2023
Reflective Insulation Manufacturers Assn VA$210,409 Executive Direc $84,000 $82,081 2023
Owners' Counsel Of America Inc ID$219,558 Executive Di $67,500 $70,584 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 MN 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 default64th
Total compensation (D + F), as reported (no adjustments)61st
Reportable pay only (column D), adjusted65th
All sources (D + E + F), adjusted60th

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 (Sheri Larson) 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 433 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $74,380 is reasonable (approximately the 64th 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.