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PeerBasis
Compensation Comparability Determination

Lanesboro Area Chamber Of Commerce

Executive Director / CEO

EIN 411829430
MN · NTEE S41
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joe Goetzke, Executive Director / CEO ($40,480) against every comparable organization that fit the selection criteria — 366 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 30th percentile of comparable organizationswithin the typical range

Benchmarked executive: Joe Goetzke — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

366 organizations qualified on sector, size, and geography 366 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $269,145 $40,480
$11,16710th
$34,25625th
$60,413Median
$83,98875th
$119,82390th
$40,480This org · 30th
p10$11,167
p25$34,256
p50$60,413
p75$83,988
p90$119,823
$40,480

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
Wine Artisans Of Santa Lucia Highlands CA$189,600 Executive Dir. $101,750 $88,918 2024
Virginia Beach Restaurant Association VA$190,615 Executive Director $68,383 $68,795 2023
Anderson Area Chamber Of Commerce OH$189,133 Executive Di $90,024 $99,346 2023
Mercer Area Chamber Of Commerce WI$190,955 Executive Director $52,696 $55,696 2024
Vienna Business Association VA$189,060 Executive Di $80,222 $76,369 2025
Great Lakes Bay Regional Alliance MI$191,747 Executive Di $95,700 $99,967 2024
Green Motors Practices Group ID$191,962 Executive Director $64,000 $68,902 2024
Consortium For Universal Healthcare DE$188,050 Executive Director $102,000 $101,076 2024
Camara De Comercio Hispana TX$187,890 Executive Di $24,122 $24,420 2024
Red Oak Chamber And Industry Association Inc IA$192,644 Secretary $50,500 $57,613 2023
Twin-training To Work An Industry Niche NC$187,199 President & Executive Director $60,550 $65,187 2023
North Carolina Association Of Workforce NC$186,968 Executive Director $67,733 $69,002 2025
Forward Cody Wyoming Inc WY$186,866 Ceo $146,875 $159,169 2024
American Knife And Tool Institute Inc WY$193,706 Executive Director $55,800 $60,470 2024
Sheboygan Falls Chamber Main Street WI$194,417 Executive Director $53,563 $56,612 2024
Midlands Business Leadership Group SC$185,522 Executive Di $95,677 $101,015 2024
Fort Davis Chamber Of Commerce TX$194,789 Executive Director $13,770 $14,352 2023
Pomerado Hospital Medical Staff CA$194,837 Past Chief Of Staff $62,000 $55,781 2023
Colorado Civil Justice League CO$185,106 Executive Director $77,000 $76,929 2023
Medical Toxicology Foundation AZ$185,030 Executive Director/board M $39,714 $38,653 2024
Excelsior Springs Area Chamber MO$196,002 President $47,525 $50,942 2024
The Greater Okc Asian Chamber Of Commerce OK$196,154 Executive Director $25,927 $28,148 2025
Trussville Chamber Of Commerce AL$196,388 Interim Director $46,789 $52,667 2023
Butler County Medical Society OH$183,653 Exec Assistant $15,000 $16,078 2024
Home Builders Association Of Hickory-catawba Valley Inc NC$183,432 Executive Officer $56,782 $61,130 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 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 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 default30th
Total compensation (D + F), as reported (no adjustments)30th
Reportable pay only (column D), adjusted32nd
All sources (D + E + F), adjusted27th

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 (Joe Goetzke) 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 366 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $40,480 is reasonable (approximately the 30th 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.