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PeerBasis
Compensation Comparability Determination

St Edmund's Redevelopment Corporation

Executive Director / CEO

EIN 363701311
IL · NTEE L200
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Dr Richard L Tolliver, Executive Director / CEO ($209,061) against every comparable organization that fit the selection criteria — 229 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 99th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Dr Richard L Tolliver — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

229 organizations qualified on sector, size, and geography 229 within the band form the benchmarked peer set.

Distribution of comparable compensation

$410 total compensation of comparable organizations → $235,184 $209,061
$6,90210th
$17,82225th
$34,417Median
$57,24375th
$74,32290th
$209,061This org · 99th
p10$6,902
p25$17,822
p50$34,417
p75$57,243
p90$74,322
$209,061

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 IL 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
Green New Deal Housing MN$160,016 Board Chair $9,350 $9,675 2023
Kennedy Institute Housing Corporation Ii DC$158,663 President And Ceo $14,495 $12,938 2024
Habitat For Humanity Hiawathaland MI$158,496 Executive Director $41,821 $45,204 2023
Regional Housing Solutions AR$160,792 Chief Executive Officer $7,580 $8,667 2024
Coyne Road Inc MA$157,172 Executive Director $19,712 $18,018 2024
Robert Street Realty Corp RI$162,161 President/ Ceo $16,653 $16,722 2023
Fernclif Housing Development Fund NY$162,877 President $58,380 $55,244 2023
Rebuilding Together Pitt County Nc Inc NC$162,896 Executive Director $9,757 $9,990 2025
Phoebe Housing Inc PA$156,016 President/ceo $37,732 $39,404 2023
Asi - Fargo Inc MN$155,341 President/tr $68,006 $66,590 2025
Minnesota American Indian Chamber Of MN$163,730 Interim Executive Director $44,215 $44,440 2024
Cahuenga Housing Foundation CA$154,984 Chief Executive Officer $61,000 $55,161 2023
Jefferson Park Inc MO$154,742 President & Ceo $19,685 $21,833 2023
Housing Opportunities Team OR$164,319 Secretary $15,525 $15,099 2023
Commonweal Conservancy Inc NM$154,587 President $208,804 $235,184 2023
Mark Lane Housing Corp CT$164,496 President $10,337 $9,859 2024
Western Wayne Affordable Housing IN$154,497 President $750 $805 2024
Bvarc Housing RI$165,091 Chief Executive Officer $223,152 $212,040 2025
Heavenly Grace Assistant Livin MD$165,210 President $55,700 $54,533 2023
New Vision Residential Services Inc KY$153,520 President/ceo $5,611 $6,132 2024
Jfm No 3 Corp ME$165,623 Ceo $14,253 $14,143 2025
American Housing Preservation Inc OR$165,794 President $77,652 $73,350 2024
385 Third Avenue Housing Development NY$166,146 Ceo $60,217 $56,983 2023
Hope House Iii Inc MA$166,386 President, Ceo $31,555 $28,843 2024
Housing Opportunities Made Equal MI$152,206 Executive Di $52,028 $54,624 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL 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 IL 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 default99th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted100th
All sources (D + E + F), adjusted51st

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 (Dr Richard L Tolliver) 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 229 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $209,061 is reasonable (approximately the 99th 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.