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PeerBasis
Compensation Comparability Determination

The Faribault Ice Arena Association

Executive Director / CEO

EIN 411822463
MN · NTEE N32N
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Paul Froman, Executive Director / CEO ($34,257) against every comparable organization that fit the selection criteria — 29 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 38th percentile of comparable organizationswithin the typical range

Benchmarked executive: Paul Froman — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

29 organizations qualified on sector, size, and geography 29 within the band form the benchmarked peer set.

Distribution of comparable compensation

$898 total compensation of comparable organizations → $193,374 $34,257
$6,55010th
$18,62425th
$58,279Median
$77,33675th
$94,12090th
$34,257This org · 38th
p10$6,550
p25$18,624
p50$58,279
p75$77,336
p90$94,120
$34,257

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 MN 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
Ocmulgee National Park & Preserve GA$234,575 Executive Di $76,000 $77,336 2023
Mendocino Area Parks Association CA$235,492 Vice President $34,994 $30,581 2023
David Allen Memorial Ballpark Inc OK$236,278 Executive Director $97,000 $104,994 2024
Los Angeles River State Park Partners CA$239,039 Executive Director $73,376 $64,123 2023
Ranger Snowmobile Atv Club Inc MN$240,822 President $1,225 $1,225 2023
Montana Skatepark Association MT$246,471 President $7,500 $8,182 2023
Grand Rapids Whitewater Inc MI$247,817 President/ce $185,120 $193,374 2023
Montana State Parks Foundation MT$210,237 Executive Director $77,241 $79,736 2025
Lititz Springs Park Inc PA$258,164 Treasurer $916 $898 2024
Friends Of The Fort Collins Bicycle Program Inc CO$200,330 Executive Director Until 91 $65,393 $63,458 2023
Challis Golf And Recreation Association ID$200,019 Clubhouse Mgr $15,879 $16,604 2024
Scott Community Golf Course Inc KS$270,783 Employee $55,312 $60,474 2023
Parkway Council Foundation PA$271,602 Executive Di $115,000 $116,062 2023
Club Mesabi Inc MN$195,410 Executive Director $60,000 $58,279 2024
Mccoy Farm And Gardens TN$274,627 Employee Executive Director $75,000 $77,495 2024
Friends Of Jackson Park CA$192,511 Executive Director $45,325 $38,473 2024
American Academy For Park And WA$277,983 Executive Di $17,307 $15,231 2024
Spirit Of Columbia Gardens Carousel MT$186,377 Vice President $31,570 $33,452 2024
White Rock Lake Conservancy Inc TX$182,378 Director $45,000 $44,249 2024
Downtown San Diego Public Spaces CA$296,290 President And Ceo $8,270 $7,020 2024
Santa Barbara County Trails Council CA$299,723 Executive Director $60,000 $50,929 2024
Friends Of Wisconsin State Parks Inc WI$300,825 Executive Director $68,520 $70,343 2024
Tahoe-pyramid Trail Inc NV$304,263 Executive Dir. $69,428 $68,409 2024
World Trails Network - Hub For The Americas NH$305,579 Chair $5,000 $4,672 2023
High Peaks Alliance ME$314,954 Executive Di $86,440 $87,597 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 MN 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 default38th
Total compensation (D + F), as reported (no adjustments)31st
Reportable pay only (column D), adjusted38th
All sources (D + E + F), adjusted34th

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 (Paul Froman) 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 29 similarly situated organizations (Same NTEE sector (N32), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $34,257 is reasonable (approximately the 38th 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.