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PeerBasis
Compensation Comparability Determination

Housing Opportunities Made Equal

Executive Director / CEO

EIN 383330709
MI · NTEE L20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Kristi Hart, Executive Director / CEO ($52,028) against every comparable organization that fit the selection criteria — 226 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 71st percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

226 organizations qualified on sector, size, and geography 226 within the band form the benchmarked peer set.

Distribution of comparable compensation

$391 total compensation of comparable organizations → $224,007 $52,028
$8,09810th
$17,18125th
$32,618Median
$54,27575th
$75,28090th
$52,028This org · 71st
p10$8,098
p25$17,181
p50$32,618
p75$54,275
p90$75,280
$52,028

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 MI 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
New Vision Residential Services Inc KY$153,520 President/ceo $5,611 $5,840 2024
The Meadows Of Guerin Inc IN$150,424 President/ceo $6,437 $6,577 2024
Western Wayne Affordable Housing IN$154,497 President $750 $766 2024
Coventry Housing RI$149,882 Executive Director $37,411 $34,755 2024
Commonweal Conservancy Inc NM$154,587 President $208,804 $224,007 2023
East 54th Street Housing Development NY$149,704 Ceo $60,217 $54,275 2023
Jefferson Park Inc MO$154,742 President & Ceo $19,685 $20,796 2023
Cahuenga Housing Foundation CA$154,984 Chief Executive Officer $61,000 $52,540 2023
Asi - Fargo Inc MN$155,341 President/tr $68,006 $63,425 2025
Spectrum Closter Apartments Inc NJ$148,975 President/ceo $54,495 $47,139 2024
Lss Manor Inc - Marquette WI$148,963 President $40,683 $41,164 2024
Phoebe Housing Inc PA$156,016 President/ceo $37,732 $37,531 2023
Ocl Properties Ix Inc NY$147,783 Chief Financial Officer $73,290 $64,163 2024
Coyne Road Inc MA$157,172 Executive Director $19,712 $17,161 2024
The Village At Oasis Park Phase I AZ$146,482 Ceo $47,886 $44,618 2024
Habitat For Humanity Hiawathaland MI$158,496 Executive Director $41,821 $43,056 2023
Kennedy Institute Housing Corporation Ii DC$158,663 President And Ceo $14,495 $12,323 2024
Fort Hill Avenue Inc MA$145,235 President (As Of 8/22/22) $2,702 $2,422 2023
Ocean Housing Foundation CA$144,987 Chief Executive Officer $61,000 $52,540 2023
St Edmund's Redevelopment Corporation IL$159,519 President $209,061 $199,126 2024
Habitat For Humanity South Carolina SC$144,857 Executive Dir. $76,256 $79,350 2023
Morris County Affordable Housing NJ$144,501 Director $4,736 $4,218 2023
Salishan Apartments Inc CA$144,446 Secretary/treasurer $37,437 $32,245 2023
Green New Deal Housing MN$160,016 Board Chair $9,350 $9,215 2023
Appleton Housing Corporation MA$143,893 President (As Of 8/22/22) $2,702 $2,422 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MI 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 MI 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 default71st
Total compensation (D + F), as reported (no adjustments)69th
Reportable pay only (column D), adjusted89th
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 (Kristi Hart) 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 226 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $52,028 is reasonable (approximately the 71st 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.