Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Fp2 Inc

Executive Director / CEO

EIN 364658147
IL · NTEE S41
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Rick Church, Executive Director / CEO ($80,000) against every comparable organization that fit the selection criteria — 27 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 44th percentile of comparable organizationswithin the typical range

How comparable organizations were selected

27 organizations qualified on sector, size, and geography 27 within the band form the benchmarked peer set.

Distribution of comparable compensation

$8,834 total compensation of comparable organizations → $249,874 $80,000
$18,56710th
$50,47225th
$88,226Median
$118,39075th
$153,53490th
$80,000This org · 44th
p10$18,567
p25$50,472
p50$88,226
p75$118,390
p90$153,534
$80,000

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.

OrganizationStateTotal revenueTotal compSource
Staffing Services Association Of IlIL $404,500$51,992 990
Cary-grove Area Chamber Of CommerceIL $406,788$99,250 990
Metro West Council Of GovernmentIL $390,859$148,164 990
International Association OfIL $388,116$99,493 990
Airport Restaurant & Retail AssociationIL $421,000$249,874 990
Esports Trade AssociationIL $428,000$20,749 990
Logan Square Chamber Of CommerceIL $373,499$67,083 990
Mendota Area Chamber Of CommerceIL $432,381$41,669 990
I S Pullers NfpIL $433,665$8,834 990
Effingham Regional Growth AllianceIL $366,994$161,588 990
Skokie Chamber Of CommerceIL $360,235$112,588 990
Grayslake Chamber Of CommerceIL $358,319$70,000 990
Illinois Solar Energy AssociationIL $462,254$119,000 990
Chicago Area Independent ConstructiIL $467,890$117,779 990
Civl Nfp IncIL $333,119$50,944 990
Smacna Of Northern IllinoisIL $332,526$15,295 990
Pci Of Illinois & WisconsinIL $331,997$9,376 990
Prof Golfers Ass'n Of Amer-illinoisIL $493,844$27,326 990
Downtown Naperville AllianceIL $495,476$86,528 990
Illinois Real Estate Lawyers AssociationIL $305,762$55,595 990
Chicagoland Food IncIL $294,169$50,000 990
Mason Contractors Association OfIL $292,630$190,225 990
Downers Grove DowntownIL $521,830$98,000 990
Quad Cities Foundation For FairIL $274,541$129,654 990
Independent Equipment Dealers AssocIL $550,971$88,226 990

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 default44th
Total compensation (D + F), as reported (no adjustments)44th
Reportable pay only (column D), adjusted48th
All sources (D + E + F), adjusted33rd

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 (Rick Church) 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 27 similarly situated organizations (Same NTEE sector (S41) + IL + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $80,000 is reasonable (approximately the 44th 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). 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.