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PeerBasis
Compensation Comparability Determination

Chicago Association Of Realtors Educational Foundation Inc

Executive Director / CEO

EIN 363746120
IL · NTEE B82
FY ending 2024-09-30
June 9, 2026

This analysis benchmarks the total compensation of Michelle Mills Clement, Executive Director / CEO ($40,393) against every comparable organization that fit the selection criteria — 209 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 43rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Michelle Mills Clement — reported title “TOP Mgmt Offical & CAR CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

209 organizations qualified on sector, size, and geography 209 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $191,592 $40,393
$7,16610th
$21,85625th
$46,693Median
$76,28975th
$104,41590th
$40,393This org · 43rd
p10$7,166
p25$21,856
p50$46,693
p75$76,289
p90$104,415
$40,393

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
St Helena Preschool For All Inc CA$283,013 Executive Dir. $77,400 $69,991 2023
The Hannon Cup Association TX$286,071 Executive Director $28,500 $29,855 2023
Hba Of Durham Orange & Chatham NC$286,753 Executive Director $14,925 $15,686 2024
Impact-u Foundation Inc MA$286,945 Secretary $16,609 $15,630 2023
The Jet Award Foundation & Trust NE$280,216 Executive Di $146,514 $160,290 2024
Society Of Explosives Engineers OH$287,106 Exectutive Director $23,936 $25,787 2024
Women's Education Project NY$288,300 Exe.director $83,000 $76,289 2024
La Crosse Promise Inc WI$278,523 Executive Di $72,000 $74,514 2025
Always Giving Back Foundation IL$288,776 Director $2,550 $2,625 2023
Blessing Hands Inc KY$288,863 Key Employee $16,029 $17,065 2025
Laradon Foundation Inc CO$288,976 Ceo Thru 4/2 $9,096 $8,644 2025
Nevada Hands & Voices NV$278,168 Executive Dir. $62,634 $63,861 2024
Spanish Scholarship Fund PA$290,289 Treasurer/director $36,000 $35,576 2025
Navy League Foundation VA$290,370 Nlus Ceo $30,248 $29,707 2024
Eagle Foundation PA$290,481 Executive Di $53,988 $56,381 2023
Central Insurance Companies Educational OH$276,455 Director $13,287 $14,737 2023
Foundation Of Central Christian College KS$275,099 Ccck President $36,985 $41,842 2023
Supreme Council Education & Charity Fund MA$274,597 President/sovereign Grand $7,895 $7,216 2024
Joseph L Wolcott Scholarship Fund OH$292,973 Treasurer $6,563 $6,889 2025
Matanya's Hope IL$274,020 President $46,833 $46,833 2024
Education Across Borders WA$273,823 Director $50,290 $45,798 2024
California Landscape Architectual CA$272,536 Treasurer $18,000 $15,810 2024
The Galax Foundation For Excellence In VA$271,500 Secretary/treasurer $12,000 $11,786 2024
Seton Cincinnati Sgo OH$271,454 President $29,088 $30,530 2025
Northville Educational Foundation MI$271,393 Executive Director $58,205 $62,914 2023

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 default43rd
Total compensation (D + F), as reported (no adjustments)44th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted94th

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 (Michelle Mills Clement) 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 209 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $40,393 is reasonable (approximately the 43rd 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.