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PeerBasis
Compensation Comparability Determination

Association Of Insurance & Reins

Executive Director / CEO

EIN 412161294
NY · NTEE S41
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Carolyn Fahey, Executive Director / CEO ($182,500) against every comparable organization that fit the selection criteria — 18 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 100th percentile of comparable organizationsabove the 90th percentile — board review recommended

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

How comparable organizations were selected

18 organizations qualified on sector, size, and geography 18 within the band form the benchmarked peer set.

Distribution of comparable compensation

$14,956 total compensation of comparable organizations → $165,000 $182,500
$34,20210th
$52,01125th
$82,844Median
$118,45675th
$144,44190th
$182,500This org · 100th
p10$34,202
p25$52,011
p50$82,844
p75$118,456
p90$144,441
$182,500

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 NY 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
Dutchess County Association NY$364,602 Executive Of $121,616 $121,616 2023
Naturally New York Inc NY$365,273 Executive Director $142,187 $138,108 2024
The European-american Chamber Of NY$339,296 Executive Director $165,000 $165,000 2023
American Alliance Conference Ltd NY$376,205 Director $37,066 $36,003 2024
Medical Staff Of Good Samaritan Hospital NY$327,109 President $30,000 $30,000 2023
Buffalo Niagara Manufacturing Alliance NY$320,173 Executive Director $105,000 $105,000 2023
Wosa Export Marketing Ltd NY$282,317 Manager $136,390 $132,477 2024
The Association Of Art Museum Curators NY$438,591 Executive Director $14,956 $14,956 2023
Society Of Publication Designers Inc NY$272,523 Executive Director $100,000 $97,131 2024
New York Independent Contractors NY$266,427 Executive Dir $52,000 $52,000 2023
The Alliance Of Tbi & Nhtd Waiver Providers Inc NY$260,770 Executive Director $55,000 $52,045 2025
American Concrete Pavement NY$458,268 Executive Di $95,582 $92,840 2024
Agencies For Children's Therapy Services NY$253,650 Executive Director $56,000 $56,000 2023
Artist Management Association Inc NY$245,325 Secretary $112,196 $108,977 2024
Bpca Nys Inc NY$243,862 Executive Director $46,474 $45,141 2024
New York Organization For Nursing NY$473,608 Executive Dir. $75,000 $72,848 2024
Precastprestressed Con Ins Ne NY$476,290 Key Employee $168,258 $159,218 2025
The Concrete Industry Board Inc NY$488,205 Executive Director $66,615 $66,615 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY 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 NY 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 default100th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted100th
All sources (D + E + F), adjusted94th

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 (Carolyn Fahey) 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 18 similarly situated organizations (Same NTEE sector (S41) + NY + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $182,500 is reasonable (approximately the 100th 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.