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PeerBasis
Compensation Comparability Determination

Greater Bloomington Chamber Of Commerce

Executive Director / CEO

EIN 352066449
IN · NTEE B80
FY ending 2024-08-31
June 9, 2026

This analysis benchmarks the total compensation of Eric Spoonmore, Executive Director / CEO ($4,041) against every comparable organization that fit the selection criteria — 544 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 8th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

544 organizations qualified on sector, size, and geography 544 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2 total compensation of comparable organizations → $418,443 $4,041
$4,65210th
$12,36825th
$27,950Median
$48,88975th
$74,29190th
$4,041This org · 8th
p10$4,652
p25$12,368
p50$27,950
p75$48,889
p90$74,291
$4,041

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
Minnesota Trucking Association MN$103,488 President $14,000 $13,506 2023
South Summit Education Foundation UT$103,132 Director $12,500 $12,132 2024
Children And Teachers Foundation Of The IL$103,771 President $41,706 $40,029 2023
National Association Of College OH$103,998 Senior Director Of Finance & Administration $18,379 $18,459 2024
Nackey S Loeb School Of Communications NH$102,896 Executive Director $82,414 $72,161 2024
Maryland Bar Foundation Inc MD$102,803 Director $15,561 $14,203 2023
United States Earth Science OK$102,526 Executive Di $29,162 $30,450 2024
Porter Memorial Library Association ME$104,415 Library Director $35,568 $34,771 2023
Fairview Public Library NY$102,470 Director $30,160 $25,843 2024
National Policy Board Of Educactional Administrati VA$104,507 Executive Director $51,400 $47,061 2024
The Austin School For The Performing & Visual Arts TX$102,357 Executive Director $86,960 $82,487 2024
Project Implicit Inc MA$104,552 Executive Director $111,038 $92,180 2025
Kansas Council On Economic Education KS$102,314 President & Ceo $21,538 $22,064 2024
Coptic Educational Foundation CA$102,200 Secretary $2,670 $2,186 2024
Southern Connecticut Chinese School Inc CT$104,753 Principal $4,800 $4,268 2024
Texas Arabic Academy Inc TX$102,125 Ceo $22,000 $20,868 2024
Michael J Connell Memorial Fund CA$102,022 Co-trustee $49,000 $40,123 2024
Acmpe Scholarship Fund Inc CO$102,021 President/ceo $66,074 $60,079 2024
Northwest Tennessee TN$101,975 President/ce $56,923 $56,738 2024
Advanced Nuclear Weapons Alliance VA$105,000 Director $28,000 $25,637 2024
Delta Epsilon Sigma National PA$101,687 Executive Di $7,500 $7,092 2024
North Dakota Farm Bureau Foundation ND$105,298 Sec-treas/executive Vp/ceo $69,187 $71,998 2024
Bangor Area School District PA$101,453 Ex Director $11,528 $10,901 2024
Osu Animal Science Alumni Association OK$105,770 Executive Secretary $12,000 $12,530 2024
Pope John Xxiii Endowment Fund Inc NJ$105,895 Executive Director $49,255 $42,934 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 default8th
Total compensation (D + F), as reported (no adjustments)8th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted78th

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 (Eric Spoonmore) 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 544 similarly situated organizations (Same NTEE major group (B), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $4,041 is reasonable (approximately the 8th 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.