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PeerBasis
Compensation Comparability Determination

Midwest Principals Center Inc

Executive Director / CEO

EIN 320174432
IL · NTEE B03
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Larry Hyde, Executive Director / CEO ($47,532) against every comparable organization that fit the selection criteria — 72 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 53rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Larry Hyde — reported title “CO-DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

72 organizations qualified on sector, size, and geography 72 within the band form the benchmarked peer set.

Distribution of comparable compensation

$281 total compensation of comparable organizations → $213,460 $47,532
$7,10810th
$21,44825th
$42,533Median
$84,76875th
$108,36990th
$47,532This org · 53rd
p10$7,108
p25$21,448
p50$42,533
p75$84,768
p90$108,369
$47,532

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 IL 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
Schuylkill Community Education Council PA$273,566 Executive Direc $103,805 $108,406 2023
Universities Council On Water IL$273,112 Executive Director $104,938 $108,038 2023
Consortium For Entrepreneurship WV$283,070 Ceo $75,000 $85,040 2023
California Association Of CA$269,871 Executive Dir. $217,913 $191,400 2024
Mass Assoc For Health Physical MA$267,123 Executive Di $65,611 $59,972 2024
Washington State Music Teachers WA$287,883 President $1,000 $911 2024
North Texas Chapter Of The National TX$263,912 Executive Dir. $85,500 $89,565 2023
New Jersey Association For College NJ$263,150 Exe. Assist. $22,353 $20,900 2023
Delaware Mathematics Coalition Inc DE$290,372 Executive Officer $54,213 $53,995 2024
Southeast Missouri Preparatory School MO$261,800 President $30,666 $32,187 2025
National Association Of Corporate Directors - Chicago Chapter IL$260,305 Executive Director $130,004 $130,004 2024
Maine Music Educators Association ME$259,983 Executive Director $20,602 $21,604 2023
Northeast Greek Leadership PA$258,306 Executive Di $49,781 $50,496 2024
New England Center For Attention VT$257,226 Executive Dir. $120,000 $126,486 2023
Lone Star State School Counselor Association TX$256,187 Executive Director $23,260 $23,667 2024
National Council On School Facilities DC$255,554 Former Executive Director $23,505 $20,981 2024
Meadowlands Regional 2040 Foundation Inc NJ$253,386 President & Ceo $7,311 $6,640 2024
Consortium For North American Higher Education Collaboration Con AZ$253,145 Executive Director And Treasurer $13,266 $12,977 2024
Oregon Music Teachers OR$300,071 District Pre $2,511 $2,311 2025
Dyslexia Center Of Austin TX$252,836 Executive Dir. $36,000 $37,711 2023
National Prevention Science Coalition To Improve Lives Inc CA$300,201 Co-director $10,000 $8,783 2024
Indiana Head Start Association Inc IN$301,197 Executive Director $99,711 $106,957 2024
Association For Practical & Professional IN$249,118 Executive Director $50,000 $52,251 2025
The Association Of Asset Management Prof NE$248,153 President $250 $281 2023
Gamma Iota Sigma Foundation OH$246,200 Executive Director $5,056 $5,447 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL 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 IL 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 default53rd
Total compensation (D + F), as reported (no adjustments)53rd
Reportable pay only (column D), adjusted53rd
All sources (D + E + F), adjusted46th

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 (Larry Hyde) 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 72 similarly situated organizations (Same NTEE sector (B03), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $47,532 is reasonable (approximately the 53rd 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.