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PeerBasis
Compensation Comparability Determination

Medquarter Inc

Executive Director / CEO

EIN 352576257
IA · NTEE S41
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Philip Wasta, Executive Director / CEO ($13,872) against every comparable organization that fit the selection criteria — 476 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 10th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

476 organizations qualified on sector, size, and geography 476 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $387,837 $13,872
$14,12210th
$38,31025th
$62,041Median
$86,46075th
$121,42290th
$13,872This org · 10th
p10$14,122
p25$38,310
p50$62,041
p75$86,460
p90$121,422
$13,872

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 IA 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
Upper Perkiomen Valley Chamber Of PA$243,363 Executive Di $44,624 $40,642 2024
Asian American Chamber VA$243,269 President $75,000 $66,137 2024
Flaming Gorge Area Chamber Of Comme UT$243,148 Director $46,369 $44,623 2023
Federal It Security Institute VA$243,057 Executive Director And Ceo $30,000 $26,455 2024
Asian Pacific American Chamber MI$243,820 Executive Director $100,000 $94,268 2024
National Hemp Association Inc DC$242,896 Executive Director $72,000 $57,704 2024
Bpca Nys Inc NY$243,862 Executive Director $46,474 $38,354 2024
Helping Our Music Evolve Inc TN$242,784 Founder $13,690 $13,142 2024
Brunswick Area Respite Program ME$242,691 Executive Di $93,109 $85,150 2024
Birch Run Area Convention And MI$244,111 President $36,000 $33,936 2024
Aberdeen Downtown Association SD$244,220 Executive Director $81,500 $82,148 2024
Society Of Industrial And Office FL$242,179 Executive Director $33,500 $28,742 2024
Richmond Chamber Of Commerce Inc KY$242,131 President & $75,281 $73,867 2024
Hispanic Chamber Cincinnati Usa Inc OH$244,726 President $48,000 $47,803 2023
Medical Staff Of Southwest Healthcare CA$244,802 Chief Of Staff $39,000 $31,665 2023
New Holland Pa State Association Of PA$244,951 President $300 $273 2024
Asc Inc TX$241,661 Ceo $103,437 $94,498 2024
Artist Management Association Inc NY$245,325 Secretary $112,196 $92,593 2024
Lake Forest Chamber Of Commerce Inc CA$240,795 Ceo $62,385 $49,199 2024
Onemine Inc CO$240,687 Executive Director $42,773 $37,458 2024
Washington Economic Development IA$240,258 Executive Director $99,212 $102,142 2023
The St Mary Chamber Of Commerce LA$246,552 President $45,868 $46,128 2024
Indiana Exchange Carrier Associationinc IN$239,920 President $125,600 $120,968 2024
Professional Engineers Of North Carolina NC$239,713 Executive Director $66,632 $62,879 2024
Medical Staff Of Doctors Medical Center CA$247,482 Chief Of Staff $48,000 $38,973 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IA 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 IA 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 default10th
Total compensation (D + F), as reported (no adjustments)9th
Reportable pay only (column D), adjusted12th
All sources (D + E + F), adjusted9th

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 (Philip Wasta) 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 476 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $13,872 is reasonable (approximately the 10th 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.