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PeerBasis
Compensation Comparability Determination

Bluechip Ratings Inc

Executive Director / CEO

EIN 365061146
DE · NTEE U02
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Vaidya Pallasena, Executive Director / CEO ($25,000) against every comparable organization that fit the selection criteria — 108 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: Vaidya Pallasena — reported title “Director, Secretary and Treasurer”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

108 organizations qualified on sector, size, and geography 108 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,486 total compensation of comparable organizations → $291,038 $25,000
$10,77410th
$26,27925th
$51,725Median
$98,36075th
$126,73890th
$25,000This org · 23rd
p10$10,774
p25$26,279
p50$51,725
p75$98,360
p90$126,738
$25,000

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 DE 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
Rocks Build America Foundation VA$254,249 Int. Pres. & Ceo (From 10/2024) $59,384 $56,878 2024
Owner-operator Independent Drivers MO$254,002 Director Of Op. $103,395 $111,842 2023
Assoc Of Computer Science Leagues Inc RI$253,725 Preszident $56,000 $51,894 2025
White Dwarf Research Corporation CO$258,403 Executive Director $157,711 $150,014 2024
The Soul Phone Foundation OH$251,286 President, Director $48,000 $51,922 2023
Engineering Change Lab - Usa NE$251,213 President Executive Director $62,400 $68,543 2023
Institute For Workforce Advancement NY$260,315 Director Of Finance $140,724 $126,143 2024
Campersand Co NM$260,814 Executive Director $10,000 $10,669 2024
Transparency Coalition Action Fund WA$250,168 Chair $30,000 $27,431 2023
Cyberdrone Challenge MD$250,002 Treasurer $10,000 $9,274 2024
Collaborative Earth Institute CA$261,533 Executive Dir. $23,500 $20,724 2023
Us Technology Leadership Council VA$261,639 Director And Vp Of Operati $143,000 $136,966 2024
Other Internet Research Institute NY$261,816 President $25,346 $23,391 2023
Cultural Heritage Imaging CA$249,370 President $48,750 $41,758 2024
The Micropaleontology Press NY$247,984 Exe. Editor $52,000 $46,612 2024
Bible Archeology Search And Exploration Foundation CO$263,551 President $20,183 $19,198 2024
Climate Law And Policy Project Inc MD$266,745 President/chairman $182,273 $169,043 2024
Mining And Minerals Education Foundation AZ$267,071 Exec Director $40,000 $37,177 2025
Black Girls Do Engineer Corporation TX$267,106 Ceo $54,904 $54,481 2024
Institute For Leadership In Capital Projects TX$267,428 Executive Director $56,905 $56,466 2024
California Ocean Alliance CA$267,850 Rotating Member Finance Director $17,280 $14,802 2024
Nebraska Coalition For Life Saving Cures NE$272,121 Executive Director $99,000 $105,627 2024
Boston Groundwater Trust MA$273,315 Executive Director $126,120 $109,527 2025
Northern Research Technical Assistance Center CO$237,609 President $15,019 $14,708 2023
The Plastic Ocean Project Inc NC$237,608 Executive Director $7,666 $7,857 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to DE 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 DE 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)20th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted18th

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 (Vaidya Pallasena) 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 108 similarly situated organizations (Same NTEE major group (U), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $25,000 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.