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PeerBasis
Compensation Comparability Determination

Dist 100 Fndtn For Excellence Invest

Executive Director / CEO

EIN 363793254
IL · NTEE B24Z
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Midland States Bank, Executive Director / CEO ($8,446) against every comparable organization that fit the selection criteria — 252 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 25th percentile of comparable organizationswithin the typical range

Benchmarked executive: Midland States Bank — reported title “AGENT-FOR-TRUSTEE”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

252 organizations qualified on sector, size, and geography 252 within the band form the benchmarked peer set.

Distribution of comparable compensation

$149 total compensation of comparable organizations → $448,384 $8,446
$3,38710th
$8,49925th
$20,676Median
$42,08075th
$73,16090th
$8,446This org · 25th
p10$3,387
p25$8,499
p50$20,676
p75$42,080
p90$73,160
$8,446

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
Coalition For Educational Partnership CA$60,000 President & Ceo $42,000 $35,831 2024
Friends Of The San Rafael Public Library CA$60,014 Director $2,310 $1,920 2025
Mayor's Scholarship Fund Inc ID$60,237 Executive Di $12,032 $12,320 2025
Aurora Library Trust OH$59,122 Administrator $6,600 $6,907 2024
Building Intellect Tutorial Services TX$59,061 Officer $5,000 $4,942 2024
Susquehanna University And PA$60,368 Trustee $30,266 $29,051 2025
Albany Fund For Education Inc NY$60,712 Executive Director $32,340 $29,725 2023
Agc Oregon Columbia Chapter Foundation OR$58,668 Executive Dir. $21,018 $19,284 2024
Aci-na Educational Foundation DC$58,619 President & Ceo $75,017 $65,039 2024
Kipp Support Corporation GA$60,800 Ceo & Board Secretary $33,706 $34,473 2023
Hispanic American Library Inc MA$58,501 Executive Director $16,300 $14,471 2024
Louisiana Bankers Patrick Spencerfisc LA$61,103 Ceo $38,053 $42,621 2023
Wsna Scholarship And Research WA$61,216 Secretary $2,065 $1,827 2024
Bricklayers And Allied Craft Workers NY$58,095 Director/presid $144,276 $128,806 2024
St Hope Endowment CA$58,061 Ceo $234 $206 2023
Milk And Honey Outreach Ministries Inc FL$61,407 Director $42,600 $40,707 2023
Community After School Program Inc OK$61,535 Executive Dir. $83,000 $92,964 2023
Wood Colony Christian School CA$61,546 President $7,475 $6,566 2023
Chicago Bible Institute IL$57,714 President $24,487 $23,171 2025
Key Collegiate Charter School NY$61,689 School Director $170,909 $157,090 2023
University Station Alliance Inc OR$61,841 Executive Director/partial Year $40,137 $37,914 2023
Berea College Leverage Lender Inc KY$57,546 President/as President Of Berea College/director $57,401 $62,729 2023
Assist Academy CA$62,000 Ceo $43,250 $36,898 2024
Peace Tax Foundation Inc DC$57,245 Executie Director $17,610 $15,719 2023
Philadelphia Children's Foundation PA$62,288 Exec Director $45,000 $45,646 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 2023 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 default25th
Total compensation (D + F), as reported (no adjustments)24th
Reportable pay only (column D), adjusted50th
All sources (D + E + F), adjusted21st

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 (Midland States Bank) 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 252 similarly situated organizations (Same NTEE major group (B), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $8,446 is reasonable (approximately the 25th 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.