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PeerBasis
Compensation Comparability Determination

Ripley County Economic Development Corporation

Executive Director / CEO

EIN 351994940
IN · NTEE S41
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Gary Norman, Executive Director / CEO ($75,000) against every comparable organization that fit the selection criteria — 163 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 84th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

163 organizations qualified on sector, size, and geography 163 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,430 total compensation of comparable organizations → $183,014 $75,000
$9,00910th
$20,10525th
$46,079Median
$65,53375th
$92,54890th
$75,000This org · 84th
p10$9,009
p25$20,105
p50$46,079
p75$65,533
p90$92,548
$75,000

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 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
Sauk Centre Area Chamber Of Commerce MN$138,382 President Ceo $68,750 $64,418 2024
The Delaware Small Business Chamber DE$138,736 President $36,000 $33,426 2024
Janesville Innovation Inc WI$139,845 Director $14,898 $15,190 2023
Certified Naturally Grown Inc CO$140,318 Secretary And Executive Director $44,058 $40,061 2024
Fentress County Chamber Of Commerce TN$140,491 Executive Director $40,596 $41,659 2023
Tennessee Latin American Chamber Of Commerce TN$135,769 Executive Director $56,513 $57,993 2023
Interior Cabaret Hotel Restaurant & AK$135,245 Sec/treas $13,490 $12,230 2024
Chamber Of Commerce Trenton Mo MO$135,222 Past Executive Director $51,847 $53,611 2023
The Indus Entrepreneurs OR$133,776 Executive Director $35,103 $31,825 2023
Menorah Medical Center - Medical KS$144,656 President $18,000 $18,985 2023
Rangely Area Chamber Of Commerce CO$131,870 Executive Director $30,386 $27,629 2024
Cibola County Chamber Of Commerce NM$144,751 Executive Di $3,167 $3,230 2024
Union Chamber Of Commerce Inc LA$131,650 President $40,719 $42,517 2024
Mortgage Bankers Association Of The NC$145,128 Executive Di $69,878 $70,489 2023
Clear Creek County Tourism Bureau Inc CO$131,401 Director $73,017 $66,392 2024
Web3 Id Coalition Inc NV$131,220 Secretary $6,000 $5,871 2023
Medical Staff Of San Gabriel Valley Medical Center CA$130,889 President/chief Of Staff $18,000 $14,359 2025
Sky Ridge Medical Center Medical CO$145,922 Board Member $3,750 $3,410 2024
St Ignace Area Chamber Of Commerce MI$146,253 Executive Di $45,251 $44,290 2024
Florida Association Of Children's Hospitals Inc FL$130,318 Executive Director $50,000 $45,857 2023
The Production Music Association Inc CA$129,901 Executive Dir. $157,663 $129,099 2024
Maryland Society Of Anesthesiologists Inc MD$147,616 Executive Director $54,304 $48,143 2024
Commonwealth Business Travel Group Inc TX$128,868 Executive Director $40,788 $39,833 2023
Greater Seminole Area Chamber Of FL$128,163 Executive Di $72,600 $64,674 2024
Southern Eagle Basketball Officials GA$149,164 President $1,500 $1,430 2024

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 default84th
Total compensation (D + F), as reported (no adjustments)79th
Reportable pay only (column D), adjusted86th
All sources (D + E + F), adjusted79th

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 (Gary Norman) 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 163 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $75,000 is reasonable (approximately the 84th 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.