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

2523 Market Corp

Executive Director / CEO

EIN 341782150
OH · NTEE S30Z
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Thomas Mcnair, Executive Director / CEO ($1,260) against every comparable organization that fit the selection criteria — 184 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 1st percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Thomas Mcnair — reported title “FORMER EXEC”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

184 organizations qualified on sector, size, and geography 184 within the band form the benchmarked peer set.

Distribution of comparable compensation

$196 total compensation of comparable organizations → $230,381 $1,260
$19,70010th
$43,16825th
$74,423Median
$100,30875th
$136,78590th
$1,260This org · 1st
p10$19,700
p25$43,168
p50$74,423
p75$100,308
p90$136,785
$1,260

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 OH 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
Enterprise Futures CA$371,118 Executive Director And President $157,597 $128,485 2024
Davie County Economic Development Commission Inc NC$371,126 President $136,561 $137,159 2023
Mcdevco Inc WI$367,541 Executive Director $113,760 $112,172 2024
Wakarusa Valley Development Inc KS$366,709 Executive Di $187,715 $191,469 2024
Teamcalifornia Economic Development Corp CA$366,573 Ceo $119,477 $100,284 2023
Delafield Promotional & WI$374,607 Executive Director $11,118 $10,963 2024
Heart Of Brevard NC$375,666 Executive Director $88,649 $86,482 2024
Rutland Makers Inc VT$362,903 Executive Di $79,423 $75,477 2024
Downtown Wichita Falls Development Inc TX$378,130 Executive Director $75,846 $71,632 2024
82nd Street District Management NY$378,507 Executive Dir. $90,568 $79,551 2023
Lapeer Development Corporation MI$379,284 Executive Di $121,900 $118,794 2024
Eastern Plains Economic Development MT$360,223 Executive Di $49,834 $50,718 2024
Laredo Motor Carriers Association TX$359,339 President $70,000 $68,064 2023
Allendale County Alive SC$382,763 Executive Director $41,811 $40,121 2025
Amplify Equity Inc NY$354,839 Executive Director $84,483 $72,078 2024
Kendall County Economic Development Corporation TX$385,842 President/ceo $142,560 $134,640 2024
International Business As Mission Inc VA$385,960 President $4,500 $4,102 2024
Minnesota Center For Employee Ownership MN$386,210 Executive Director $69,046 $64,415 2024
Idea Foundry PA$353,744 Director & Ceo $208,810 $202,410 2023
Greater Lincoln Chamber Foundation NE$386,587 Vp & General Counsel $54,118 $54,956 2024
West Michigan Hispanic Chamber Of MI$387,399 President & $26,175 $26,261 2023
Main Street Winter Haven Inc FL$352,397 President $70,063 $62,143 2024
Folsom Community Development Corporation CA$352,017 Ceo/president $115,040 $96,560 2023
Boulder Chamber Foundation CO$351,613 President & Ceo $18,609 $17,345 2023
Carroll Technology Council Inc MD$389,169 Executive Di $103,428 $93,992 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to OH 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 OH 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 default1st
Total compensation (D + F), as reported (no adjustments)1st
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted68th

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 (Thomas Mcnair) 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 184 similarly situated organizations (Same NTEE sector (S30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $1,260 is reasonable (approximately the 1st 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.