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PeerBasis
Compensation Comparability Determination

Hedin-hartnagel Memorial Fund

Executive Director / CEO

EIN 416159209
MN · NTEE B82Z
FY ending 2023-12-31
June 13, 2026

This analysis benchmarks the total compensation of Erin Augustin, Executive Director / CEO ($9,996) against every comparable organization that fit the selection criteria — 21 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 24th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Erin Augustin — reported title “EXECUTIVE SECRETARY”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

21 organizations qualified on sector, size, and geography 21 within the band form the benchmarked peer set.

Distribution of comparable compensation

$205 total compensation of comparable organizations → $197,473 $9,996
$5,26910th
$13,94225th
$21,339Median
$44,36875th
$82,49990th
$9,996This org · 24th
p10$5,269
p25$13,942
p50$21,339
p75$44,368
p90$82,499
$9,996

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
Advertising Education Foundation Of TX$33,851 Secretary $5,500 $5,269 2025
Lansing Kansas Scholarship Fund Inc KS$34,342 Treasurer $5,000 $5,310 2024
Casper College Education Trust WY$28,887 Executive Director $43,990 $46,304 2024
Blue Rose Compass Inc NJ$36,444 Executive Director $225,000 $197,473 2024
Plumbers & Pipefitters Local 104 Scholarship Fund MA$27,060 President $90,715 $82,499 2023
American Chiropractic Foundation VA$26,437 Executive Vice President $17,826 $17,419 2023
Kathryn Long Scholarship Fund WI$38,095 Co-trustee $3,818 $3,819 2025
Vicki Romero Foundation AZ$39,354 President $19,350 $18,293 2024
Mcfarlane-cure Charitable Trust WI$23,904 Trustee $200 $205 2024
Local 417 Scholarship Fund NY$22,978 Trustee $108,364 $93,774 2025
Achieving Academic Success CO$22,822 Executive Director $17,050 $16,071 2024
The John Tramontano Jr Educational PA$42,298 President/tr $14,222 $13,942 2024
Wisconsin State Telecommunications WI$43,175 Treasurer, S $20,190 $21,339 2023
California Association Of Winegrape CA$43,379 Executive Di $18,609 $15,796 2024
Pine Cone Foundation CA$45,312 President/cfo $50,000 $42,441 2024
Printing Industry Assoc Of Ga GA$45,988 Ex-officio $6,933 $7,055 2023
Clean Slate E3 Inc PA$46,304 President $45,261 $44,368 2024
Cahp Foundation Trust CA$46,539 Trustee $41,152 $34,930 2024
Ibew Local 8 Scholarship Fund OH$46,880 Trustee $55,355 $59,335 2023
Illinois Retail Merchants Association IL$47,132 Treasurer $43,138 $41,688 2024
Annie J Maccoll Charitable Trust FL$47,878 Trustee $22,519 $21,409 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 default24th
Total compensation (D + F), as reported (no adjustments)24th
Reportable pay only (column D), adjusted71st
All sources (D + E + F), adjusted24th

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 (Erin Augustin) 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 13, 2026, comparing compensation against 21 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $9,996 is reasonable (approximately the 24th 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 13, 2026.