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PeerBasis
Compensation Comparability Determination

Alpha Properties Inc

Executive Director / CEO

EIN 351432669
IN · NTEE L21Z
FY ending 2024-09-30
June 9, 2026

This analysis benchmarks the total compensation of Erin Thomas, Executive Director / CEO ($1,800) against every comparable organization that fit the selection criteria — 191 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 2nd percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

191 organizations qualified on sector, size, and geography 191 within the band form the benchmarked peer set.

Distribution of comparable compensation

$74 total compensation of comparable organizations → $164,165 $1,800
$8,55410th
$20,38725th
$35,476Median
$50,17575th
$72,56790th
$1,800This org · 2nd
p10$8,554
p25$20,387
p50$35,476
p75$50,175
p90$72,567
$1,800

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 IN 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
Mcpherson Voa Elderly Housing Inc VA$322,828 President $183,373 $163,567 2025
Great Falls Elderly Housing Inc MN$323,409 President/tr $65,715 $61,574 2024
Los Robles Apartments Inc CA$319,840 Secretary $52,496 $42,985 2024
Amber Village Housing Corporation KY$327,037 Exec Director, Secretary, Treasurer $15,600 $15,893 2024
Nu-dimensions-west Hickory Inc NC$328,865 Ceo $17,706 $17,861 2023
Culver City Rotary Plaza Inc CA$315,455 President/ceo $68,128 $55,785 2024
Snhs North Berwick Elderly Housing Inc NH$314,200 Treasurer $53,564 $45,691 2025
Wider Path Home Foundation RI$313,582 Director (Jan-july); President (July-dec) $46,354 $42,148 2024
Loretto-malta Manor Housing Development NY$330,815 Chairperson $27,907 $23,913 2024
Lancaster Housing Development Fund NY$313,548 Board Member/board President $25,080 $22,125 2023
Roxbury Development Corporation MA$313,126 Director $4,247 $3,619 2024
Independent Living Horizons Eight Inc GA$312,750 President/ceo $21,151 $20,763 2023
Keystone Development Inc TN$312,151 Executive Director $24,097 $24,019 2024
Mary Sunshine House SC$332,853 Executive Director $85,661 $84,742 2024
Tg 301 Inc TX$311,505 Executive Director $20,876 $20,387 2023
River Grove Retirement Community Inc MI$310,149 President & Ceo $31,878 $32,123 2023
Vanmew Housing Development NY$334,251 Executive Di $7,598 $6,511 2024
Hsc No 6 Housing Development Fu NY$334,685 Accountant $4,800 $4,113 2024
Mend I Inc NJ$334,687 President/ceo $18,012 $15,250 2024
Southern Hills Senior Residences Inc KS$334,841 President $2,639 $2,704 2024
Spiti Housing Development Fund NY$309,417 Executive Director $24,759 $21,215 2024
Exhale Women's Fellowship NJ$308,865 Executive Di $19,200 $16,736 2023
Vip West 184th Street Hdfc NY$336,879 President/ceo $50,896 $44,900 2023
Savannah Gardens Senior Residences Inc CO$339,863 President $13,716 $12,472 2024
Quinnipiac Valley Community CT$340,184 Acting President $7,376 $6,752 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IN 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 IN 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 default2nd
Total compensation (D + F), as reported (no adjustments)2nd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted17th

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 (Erin Thomas) 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 191 similarly situated organizations (Same NTEE sector (L21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $1,800 is reasonable (approximately the 2nd 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.