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PeerBasis
Compensation Comparability Determination

Virginia Avenue Apartments Inc

Executive Director / CEO

EIN 300342190
KY · NTEE L21
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Dana Royse, Executive Director / CEO ($46,218) against every comparable organization that fit the selection criteria — 204 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 66th percentile of comparable organizationswithin the typical range

Benchmarked executive: Dana Royse — reported title “CFO”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

204 organizations qualified on sector, size, and geography 204 within the band form the benchmarked peer set.

Distribution of comparable compensation

$258 total compensation of comparable organizations → $271,722 $46,218
$8,64310th
$17,38125th
$32,510Median
$55,01275th
$62,05090th
$46,218This org · 66th
p10$8,643
p25$17,381
p50$32,510
p75$55,012
p90$62,050
$46,218

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 KY 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
Brookings Senior Housing Inc SD$148,365 President $65,715 $67,505 2024
Westerly Courts Inc RI$148,546 President $52,490 $48,231 2023
Asi Longmont Inc MN$148,014 President/tr $68,006 $60,934 2025
Nycha Iii Parent Housing Development NY$147,391 President & Ceo $96,272 $80,972 2024
Sartell Supportive Housing Inc MN$149,553 President/tr $68,006 $60,934 2025
Commonwealth Agency Inc ID$149,757 Vice President $12,000 $12,232 2023
Olympic Housing Trust WA$149,775 President $300 $258 2023
East 100 Housing Development Fund NY$146,193 Ceo $4,614 $3,995 2023
Specialized Housing Vii Inc OR$151,080 Executive Di $11,111 $9,888 2023
Nantucket Community Service Ii Inc MA$145,559 Executive Director $24,214 $20,851 2023
Hickory Lane One Inc MD$145,070 Ceo $21,608 $19,358 2023
Chase Housing Corporation NY$152,036 President & Ceo $27,698 $23,296 2024
Canticle Place Inc CO$152,051 President $12,045 $10,750 2024
Birmingham Green Adult Disability VA$152,084 Ceo $22,608 $20,918 2023
Mhc Homes Inc CT$152,353 President/ce $37,326 $33,537 2023
Palacio Del Sol Ii Inc TX$152,437 President Ceo $4,682 $4,359 2024
Roseland Village Inc Nfp CO$143,924 President $11,727 $10,775 2023
Coshocton Area Housing Corporation OH$143,846 Board Member $46,496 $45,838 2024
Exmore Supportive Housing Inc MN$153,346 President/tr $65,715 $60,439 2024
Ridge Point Non-profit Housing CA$153,915 Ceo/president $83,231 $66,895 2024
Brook View Gardens Inc OH$142,436 Executive Director $6,211 $6,303 2023
Happiness House Apartments Housing NY$154,586 President $39,934 $33,588 2024
Community Homes Land Trust MI$141,591 President $17,201 $16,525 2024
Titusville Senior Housing Corporation PA$141,182 Chief Excutive Officer $39,302 $37,558 2023
Abilities At Bartons Landing Inc FL$141,107 President/ceo $38,173 $34,365 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to KY 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 KY 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 default66th
Total compensation (D + F), as reported (no adjustments)61st
Reportable pay only (column D), adjusted0th
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 (Dana Royse) 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 204 similarly situated organizations (Same NTEE sector (L21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $46,218 is reasonable (approximately the 66th 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.