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PeerBasis
Compensation Comparability Determination

Cedar Street Apartments Inc

Executive Director / CEO

EIN 320221793
CA · NTEE L21
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Melissa Platte, Executive Director / CEO ($19,654) against every comparable organization that fit the selection criteria — 18 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 39th percentile of comparable organizationswithin the typical range

Benchmarked executive: Melissa Platte — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

18 organizations qualified on sector, size, and geography 18 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,499 total compensation of comparable organizations → $116,812 $19,654
$5,28910th
$10,56725th
$42,876Median
$59,40275th
$90,45090th
$19,654This org · 39th
p10$5,289
p25$10,567
p50$42,876
p75$59,402
p90$90,450
$19,654

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 CA 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
Brisbane Senior Housing Inc CA$189,312 Evp/cfo $120,262 $116,812 2024
San Leandro Supportive Housing Inc CA$194,384 President $43,669 $43,669 2023
St Annes Retirement Community CA$201,444 Ceo President $63,000 $61,193 2024
Rubicon Homes CA$212,559 Ceo And President $10,555 $10,252 2024
Aspen Drive Housing Inc CA$168,531 Ceo $47,732 $47,732 2023
Catalyst Housing Inc CA$214,975 Executive Dir. $3,602 $3,499 2024
Union Seniors Association Inc CA$221,496 President $11,850 $11,510 2024
Burbank Accessible Apt Corp CA$158,575 Chief Executive Officer $61,000 $61,000 2023
Canon Barcus Inc CA$224,718 President $43,325 $42,082 2024
Ridge Point Non-profit Housing CA$153,915 Ceo/president $83,231 $80,843 2024
Buckelew Housing Inc CA$229,064 President $57,708 $54,608 2025
Folsom Oaks Apartments Inc CA$229,992 Ceo $6,235 $6,056 2024
Eastmont Court Inc CA$236,288 Ceo $47,732 $47,732 2023
Community Advancement Development Corporation CA$138,170 Executive Director $116,200 $112,866 2024
Taylor Family Housing Inc CA$132,784 Ceo $20,348 $20,348 2023
St Stephen's Retirement Center Inc CA$132,414 President $8,700 $8,450 2024
Edith Street Apartments Inc CA$257,405 Former Exec Dir $15,870 $15,870 2023
Lupine Housing Inc CA$279,929 Executive Dir. $3,602 $3,499 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA 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 CA 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 default39th
Total compensation (D + F), as reported (no adjustments)39th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted56th

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 (Melissa Platte) 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 18 similarly situated organizations (Same NTEE sector (L21) + CA + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $19,654 is reasonable (approximately the 39th 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.