Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Good Capital

Executive Director / CEO

EIN 301351668
CO · NTEE S20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Shane Sherman, Executive Director / CEO ($1,000) against every comparable organization that fit the selection criteria — 316 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 0th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Shane Sherman — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

316 organizations qualified on sector, size, and geography 316 within the band form the benchmarked peer set.

Distribution of comparable compensation

$636 total compensation of comparable organizations → $260,123 $1,000
$19,51310th
$41,15625th
$68,336Median
$87,25675th
$119,49090th
$1,000This org · 0th
p10$19,513
p25$41,156
p50$68,336
p75$87,256
p90$119,490
$1,000

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 CO 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
Shasta Living Streets CA$367,637 Executive Director $104,867 $92,002 2025
Progeny Startups Inc TN$367,807 Executive Director $88,461 $96,972 2024
Havre De Grace Arts Collective Inc MD$368,009 Executive Director $70,000 $68,250 2024
City Center Waco TX$368,676 Executive Director $122,708 $128,010 2024
Main Street Martinez Inc Dba CA$365,098 Executive Dir. $110,907 $99,875 2024
Rockdale Coalition For Children & Families Inc GA$364,279 Executive Director $82,862 $84,650 2025
Ferguson Road Initiative TX$363,705 Executive Director $52,885 $55,170 2024
Jackson Hill Main Street Management Corporation NJ$363,560 Executive Director $57,750 $55,361 2023
Greater Louisville Foundation Inc KY$363,497 President/ceo $33,738 $37,801 2024
Spencer Main Street Company IA$363,357 Director $56,680 $63,054 2025
Positive Move Nfp IL$361,896 Ceo $69,255 $73,103 2023
Paradise Community Homes Inc IN$360,807 Executive Di $4,167 $4,583 2024
Rebuild Johnston Square Neighborhood MD$373,940 Executive Dir. $75,000 $73,125 2024
Disability Pride Philadelphia Inc PA$359,480 Executive Di $13,500 $13,678 2025
Main Street Of Sterling Inc IL$358,284 Executive Di $76,850 $78,793 2024
Southern Boulevard District NY$358,177 Executive Di $82,308 $75,566 2025
Beloit 2020 Corporation WI$358,017 Ceo $48,000 $52,279 2024
Conference Of Western Wayne MI$357,625 Executive Director $124,206 $133,699 2024
Virginia Park Community Investment Associates Inc MI$357,592 President $3,600 $3,875 2024
Colorado Smart Cities Alliance CO$357,575 Executive Director $152,897 $152,897 2024
First African Community Development Corporation GA$376,657 Executive Director $70,000 $73,402 2024
Core Services Group Inc NY$357,047 Vp Of General Coun $108,776 $105,536 2023
Austin African American Business Network Nfp IL$356,485 President $55,916 $59,023 2023
Durham Central Park NC$377,564 Executive Dir. $86,377 $93,078 2024
The Louisiana Center Against Poverty Inc LA$356,129 Executive Director $55,530 $65,652 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CO 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 CO 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 default0th
Total compensation (D + F), as reported (no adjustments)0th
Reportable pay only (column D), adjusted5th
All sources (D + E + F), adjusted0th

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 (Shane Sherman) 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 316 similarly situated organizations (Same NTEE sector (S20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $1,000 is reasonable (approximately the 0th 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.