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PeerBasis
Compensation Comparability Determination

Maxus Retirees Modified Medical Benefits

Executive Director / CEO

EIN 367705138
TX · NTEE Y43
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Richard Schmidt, Executive Director / CEO ($4,000) against every comparable organization that fit the selection criteria — 62 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 47th percentile of comparable organizationswithin the typical range

Benchmarked executive: Richard Schmidt — reported title “COMMITTEE MEMBER”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

62 organizations qualified on sector, size, and geography 62 within the band form the benchmarked peer set.

Distribution of comparable compensation

$99 total compensation of comparable organizations → $311,716 $4,000
$88810th
$1,85625th
$5,123Median
$15,62975th
$38,79490th
$4,000This org · 47th
p10$888
p25$1,856
p50$5,123
p75$15,629
p90$38,794
$4,000

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 TX 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
Euclid Health Trust OH$52,173 Trustee $16,050 $16,994 2024
Claggett Cemetery Corporation OR$49,474 Vice President $12,000 $11,140 2024
Fraternal Order Of Eagles 3730 Auxiliary MO$52,914 Secretary $1,319 $1,361 2025
Lutheran Cemetery Association WI$53,088 Sectreas $9,000 $9,154 2025
New Oxford Cemetery Association PA$53,324 Treasurer/se $3,500 $3,489 2024
Kn Consultants Ltd NY$46,804 Executive Director $12,000 $10,840 2024
Pocono Health System Medical PA$46,304 President $16,860 $16,808 2024
Independent Benevolent Societ Of Albany NY$55,542 Treasurer $2,000 $1,860 2023
Highland Memorial Cemetary ME$55,581 Superintende $19,600 $19,620 2024
Boonville Cemetery Association Inc NY$55,777 President $1,517 $1,370 2024
Free And Accepted Masons Hesperian Lodge 262 CA$55,813 Secretary $3,000 $2,667 2023
Black Point Cemetery Corporation ME$55,840 Treasurer $4,606 $4,611 2024
Retiree Benefits Trust TX$56,085 Secretary/compliance Offic $21,500 $21,500 2024
Norway Pine Grove Cemetery Corp ME$45,624 President $1,000 $1,001 2024
Nebraska Methodist Health System NE$45,480 Pres & Ceo Nebr Methodist $281,592 $311,716 2023
Spring Valley Fire Relief MN$56,474 President $250 $254 2023
Lehigh Zion Cemetery Association PA$45,079 President $1,494 $1,489 2024
Knights Templar Of The WI$56,745 Grand Treasu $1,200 $1,220 2025
Employee Contribution Veba Trust CA$44,869 Cfo, Pepperdine University $36,961 $31,906 2024
New Woodstock Cemetery Association NY$57,949 Trustee, Sexton $2,000 $1,807 2024
Oak Grove Cemetery Wills Township Inc IN$42,902 President $300 $308 2025
Fairview Cemetary Association NY$42,808 President&super $2,610 $2,427 2023
Buffalo Lake Fire Relief MN$59,663 President $600 $593 2024
West Porterville Irrigation Company UT$60,030 Secretary $3,200 $3,274 2024
New Deal Lodge Inc NY$41,563 Chairman/pre $6,000 $5,420 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default47th
Total compensation (D + F), as reported (no adjustments)45th
Reportable pay only (column D), adjusted61st
All sources (D + E + F), adjusted45th

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 (Richard Schmidt) 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 62 similarly situated organizations (Same NTEE major group (Y), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $4,000 is reasonable (approximately the 47th 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.