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PeerBasis
Compensation Comparability Determination

Vesta Thirteen Inc

Executive Director / CEO

EIN 300647357
MD · NTEE L21
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Jignesh Dalal, Executive Director / CEO ($21,417) against every comparable organization that fit the selection criteria — 155 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: Jignesh Dalal — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

155 organizations qualified on sector, size, and geography 155 within the band form the benchmarked peer set.

Distribution of comparable compensation

$304 total compensation of comparable organizations → $273,729 $21,417
$8,08610th
$12,66825th
$23,824Median
$46,00875th
$70,02390th
$21,417This org · 45th
p10$8,086
p25$12,668
p50$23,824
p75$46,008
p90$70,023
$21,417

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 MD 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
Mm Nonprofit Housing Corporation MI$92,802 President $4,309 $4,757 2024
Ten Cross Street Corporation MA$92,401 Executive Director $19,712 $18,947 2024
Yw Homes Inc PA$93,154 Ceo $34,360 $35,706 2025
Cla Homes Ii Corp VA$92,132 Executive Director $3,855 $3,879 2025
Mctaggert Court Inc OH$91,553 President $9,146 $10,361 2024
Residence Connection OH$94,320 Ceo $44,493 $51,895 2023
Waynedale Ii Apartments Inc IN$91,062 President $44,374 $50,053 2024
Independence Park Inc PA$94,470 Ceo $18,725 $19,973 2024
National Housing Associates Inc OH$90,521 President $110,000 $124,619 2024
Vesta Riverdale Inc MD$95,043 President $21,417 $21,417 2024
Woodside Village OH$90,409 Executive Director $6,211 $7,244 2023
Pelican Place Inc OH$95,132 President $9,146 $10,361 2024
Affordable Housing Matters Inc DC$90,363 Chairman $26,797 $25,152 2024
Lssco Marion Place Iii Inc OH$95,324 President & Ceo $9,088 $10,599 2023
Park Place Of Alliance Inc OH$90,023 Executive Director $13,581 $15,386 2024
Cpnj West Orange Residence Ii Inc NJ$95,513 Ceo - President $17,303 $17,012 2023
John Obrien House Ltd ID$95,649 Executive Director $16,468 $19,291 2023
Wood County Village Ii OH$95,890 Ceo $44,493 $51,895 2023
Southview Apartments Housing MO$95,948 Executive Di $2,034 $2,304 2024
Cedar Lake L'esprit Inc KY$96,498 President & Ceo (See Sch O) $11,133 $12,794 2024
Cynthia Gardens Housing Development NY$88,911 Executive Director $12,178 $11,771 2024
Independent Living Horizons Fifteen Inc GA$96,878 President/ceo $21,151 $23,420 2023
Sky Development Corporation AL$96,983 President $48,870 $58,139 2023
Proctor Community Housing Corporation MA$88,365 Ceo $38,786 $37,280 2024
Firehouse Place Inc MA$88,198 Executive Director $24,789 $23,827 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MD 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 MD 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)47th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted58th

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 (Jignesh Dalal) 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 155 similarly situated organizations (Same NTEE sector (L21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $21,417 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.