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PeerBasis
Compensation Comparability Determination

Chicago Southland Economic

Executive Director / CEO

EIN 364248732
IL · NTEE S30
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Reggie Greenwood, Executive Director / CEO ($36,110) against every comparable organization that fit the selection criteria — 151 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 23rd percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Reggie Greenwood — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

151 organizations qualified on sector, size, and geography 151 within the band form the benchmarked peer set.

Distribution of comparable compensation

$329 total compensation of comparable organizations → $248,199 $36,110
$12,37610th
$38,36625th
$69,879Median
$97,12175th
$128,56990th
$36,110This org · 23rd
p10$12,376
p25$38,366
p50$69,879
p75$97,121
p90$128,569
$36,110

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
Wentworth Economic Development Corp NH$269,573 Executive Director $71,400 $67,060 2024
Marin Economic Forum CA$269,302 Ceo $188,542 $165,602 2024
Building 127 Ll Inc NY$268,876 Treasurer, Director $99,234 $91,210 2024
Rhea Economic And Tourism Council TN$268,307 Executive Director $52,625 $54,816 2025
Downtown Excelsior Partnership Inc MO$267,348 Executive Di $88,157 $94,975 2024
Noble County Convention And Visitor IN$267,279 Executive Di $55,640 $61,446 2023
Ozaukee County Economic Development Corporation WI$273,374 Executive Director $36,000 $38,243 2024
Fondren Renaissance Foundation MS$273,767 Executive Director $70,583 $79,962 2024
Ypo Dfw TX$274,534 Chapter Manager $20,000 $19,825 2025
Renaissance Heights Foundation TX$274,703 Executive Dir. $105,401 $107,244 2024
Central Arkansas Council AR$275,000 Director $5,000 $5,886 2023
Naugatuck Valley Project Inc CT$263,743 Executive Director $70,000 $66,760 2024
Crawford County Economic Development Par IN$278,080 Executive Director $29,400 $32,468 2023
South Central LA$261,321 Executive Di $86,538 $96,926 2024
Washington Business Improvement Dis NJ$279,277 Executive Di $69,507 $64,989 2023
West Bloomington Revitalization Project IL$259,902 Manager $18,594 $18,594 2024
Elizabeth Avenue Partnership Inc NJ$281,262 Executive Director $95,240 $89,049 2023
Intown Concord NH$284,189 Executive Di $75,487 $70,899 2024
The Creative Coast Inc GA$284,241 Executive Director (April-present) $51,326 $52,494 2024
Adac Inc IN$287,218 Executive Di $41,154 $44,145 2024
The Space On Main VT$251,549 Executive Dir. $76,000 $80,108 2023
Ellensburg Downtown Association WA$289,361 Executive Director $75,405 $68,670 2024
All Together Now Pennsylvania Inc PA$290,911 Co-director $32,500 $32,967 2024
Fox Oakland Theater Inc CA$293,046 President $138,422 $125,172 2023
Economic Collaborative Of N Arizona AZ$246,722 President & Ceo $107,635 $102,579 2025

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 default23rd
Total compensation (D + F), as reported (no adjustments)25th
Reportable pay only (column D), adjusted28th
All sources (D + E + F), adjusted13th

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 (Reggie Greenwood) 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 151 similarly situated organizations (Same NTEE sector (S30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $36,110 is reasonable (approximately the 23rd 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.