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PeerBasis
Compensation Comparability Determination

North Central Economic Development

Executive Director / CEO

EIN 363458720
MN · NTEE S400
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Allie Verchota, Executive Director / CEO ($100) against every comparable organization that fit the selection criteria — 105 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 0th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Allie Verchota — reported title “VICE CHAIR”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

105 organizations qualified on sector, size, and geography 105 within the band form the benchmarked peer set.

Distribution of comparable compensation

$373 total compensation of comparable organizations → $195,332 $100
$3,77710th
$10,70125th
$22,342Median
$48,31175th
$101,16690th
$100This org · 0th
p10$3,777
p25$10,701
p50$22,342
p75$48,311
p90$101,166
$100

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 MN 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
Us Kimberley Process Authority Institute NY$43,150 Executive Director $24,996 $23,463 2024
Public Facilities For The City Of SC$43,516 President $74,700 $83,345 2023
Oasis Christian Community Development Co IN$44,206 President And Executive Director $70,577 $77,316 2024
Toledo Area Chamber Foundation OH$42,152 Treasurer/secretary $32,887 $36,184 2024
United Vision For Idaho Inc ID$42,000 Executive Director $135,000 $149,185 2024
Citizens Investment Collaboration On IN$44,651 President / Chair And Director $5,414 $6,106 2023
Galion Masonic Temple Company OH$44,703 Maintenance $7,200 $7,922 2024
Brewster Chamber Of Commerce NY$44,893 Executive Di $18,360 $17,235 2024
Barnesville Community Foundation OH$41,631 Treasurer $2,250 $2,476 2024
Crab Boat Owners Association CA$45,091 Treasurer $4,000 $3,588 2024
Arbac Properties Inc LA$41,388 President $17,281 $20,351 2023
Downtown Redevelopment Authority KY$41,329 Executive Di $42,380 $47,298 2024
Better Business Bureau Of Arkansas AR$41,092 President/ceo $38,788 $45,291 2024
Mercy Housing California Family CO$45,517 President $22,009 $21,923 2024
Washingtonians For Public Banking WA$41,012 Director $18,650 $17,858 2023
1934 Coalition OH$40,934 Executive Director $10,969 $12,068 2024
American Indian Chamber Of Commerce NM$45,646 Executive Di $58,706 $65,592 2024
Dewitt County Development Council IL$45,776 Executive Dir. $42,470 $42,255 2025
Virginia Industry Foundation Inc VA$40,479 President $23,000 $23,070 2024
Springerville Eagar Regional Chamber Of Commerce AZ$46,277 Executive Director $19,597 $19,074 2025
Columbian Volunteer Fire Department Of Dorranceton PA$40,076 President $350 $373 2023
The Center For Housing Economics WA$40,010 President $32,000 $29,762 2024
Pidc Development Management Corporation PA$40,000 Executive Vice President $72,708 $75,321 2024
Discovering Opportunities For Outreach IL$39,795 Executive Director $15,000 $15,319 2024
Int'l Assn Of Lions New York Mills MN$47,119 Gambling Man $9,000 $9,238 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN cost of living and 2025 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 MN 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 default0th
Total compensation (D + F), as reported (no adjustments)0th
Reportable pay only (column D), adjusted41st
All sources (D + E + F), adjusted0th

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 (Allie Verchota) 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 105 similarly situated organizations (Same NTEE major group (S), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $100 is reasonable (approximately the 0th 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.