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

Lake Charlevoix Mariners Inc

Executive Director / CEO

EIN 316329012
MI · NTEE N67
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Stan Carroll, Executive Director / CEO ($9,000) against every comparable organization that fit the selection criteria — 48 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 8th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

48 organizations qualified on sector, size, and geography 48 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,145 total compensation of comparable organizations → $73,314 $9,000
$13,54710th
$22,95525th
$34,379Median
$57,80075th
$65,86890th
$9,000This org · 8th
p10$13,547
p25$22,955
p50$34,379
p75$57,800
p90$65,868
$9,000

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 MI 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
Plainfield Community Aquatics Inc IN$160,660 Executive Director $16,645 $16,093 2025
Genesee Rowing Club Inc NY$155,783 Director $27,790 $23,022 2025
Crown Point Swim Club Inc IN$154,502 Head Coach $58,300 $57,855 2024
Motor City Aquatics MI$178,155 Vice-president, Secretary $41,660 $41,660 2023
Youngstown Junior Sailing Foundation Inc NY$179,120 Commodore $4,778 $4,063 2024
Gulf Coast Youth Sailing Association TX$179,142 Executive Director $65,450 $61,610 2024
High Point Swim Club Inc NC$180,724 Ceo $20,992 $20,412 2024
Amity Regional Aquatic Club Inc CT$186,943 Head Coach $50,962 $44,965 2024
Chautauqua Lake Community Sailing NY$136,511 Instructor $66,000 $57,781 2023
Stingray Swim Team Inc AK$189,402 Chief Executor Officer $72,784 $67,416 2023
Hastings Area Swim Team Boosters MN$191,102 Executive Di $58,000 $53,931 2024
Team Paradise Sailing Inc FL$127,172 Executive Director $40,200 $35,538 2024
North Aquatics Club Inc IL$201,540 President $1,270 $1,145 2025
Riddlewood Swim Club PA$123,046 Board Member $3,245 $3,045 2024
Sand Springs Recreational Center MA$121,982 Executive Director $17,308 $15,069 2023
Blue Devil Swim Club IL$203,435 Director And Head Coach $38,107 $35,255 2024
Dr Charles Van Der Horst Water Safety Initiative NC$121,667 Program Director $14,877 $14,465 2024
Honolulu Water Polo HI$208,198 Executive Di $65,000 $54,764 2024
Hummelstown Swim Club PA$208,566 President $6,000 $5,797 2023
Swim Focus CA$208,635 Ceo $81,000 $65,820 2024
Competitive Wake Surf Assoc Inc VA$115,266 President $31,200 $29,186 2023
Lodi City Swim Club CA$211,195 President $58,409 $47,462 2024
Hawaii Surfing Production Corp HI$110,359 President $29,430 $24,156 2025
Richmond Athletics TX$216,065 President $12,115 $11,404 2024
Jackson Aquatic Club Inc MS$216,580 Executive Di $69,951 $73,314 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MI 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 MI 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 default8th
Total compensation (D + F), as reported (no adjustments)8th
Reportable pay only (column D), adjusted13th
All sources (D + E + F), adjusted8th

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 (Stan Carroll) 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 48 similarly situated organizations (Same NTEE sector (N67), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $9,000 is reasonable (approximately the 8th 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.