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PeerBasis
Compensation Comparability Determination

Main Street Elkader

Executive Director / CEO

EIN 421370382
IA · NTEE S200
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Amy Holst, Executive Director / CEO ($13,565) against every comparable organization that fit the selection criteria — 40 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 28th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

40 organizations qualified on sector, size, and geography 40 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $111,287 $13,565
$7,57710th
$12,76825th
$29,009Median
$62,49175th
$79,13690th
$13,565This org · 28th
p10$7,577
p25$12,768
p50$29,009
p75$62,491
p90$79,136
$13,565

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 IA 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
Friends Of Bastrop Main Street Inc LA$65,091 Exec. Director $17,346 $17,444 2024
Healthy Communities Of Southern CA$62,998 Secretary $18,564 $14,262 2025
Community Growth Foundation CO$67,203 President $23,812 $20,853 2024
Personal Affordable Living Inc CO$60,636 Director $15,055 $13,184 2024
Trellis Community Development AZ$60,219 Ceo (Thru July 2024) $5,027 $4,415 2024
Fells Point Main Street Inc MD$68,891 Executive Dir. $13,364 $11,411 2024
Downtown Branson Betterment Assoc MO$69,440 Executive Di $39,793 $41,254 2022
Bridge Homes Inc CA$59,215 Vice President & Cfo/director $120,312 $97,685 2023
Aledo Main Street Inc Nfp IL$59,053 Executive Di $46,230 $40,439 2025
Main Street Lawrenceburg TN$59,050 Executive Director $36,205 $34,757 2024
Jefferson Street United Merchants TN$58,984 Executive Di $10,600 $10,476 2023
Athens Housing Ventures Fund Inc GA$70,276 Former Presi $2,210 $2,089 2023
Main Street Manning IA$70,570 Executive Di $11,520 $11,520 2024
Bridgeport Generation Now Votes CT$72,569 President $43,939 $37,626 2024
Alpha Alpha Lambda Community Development Inc NJ$74,012 Director $1 $1 2024
Ghf Residential Services ME$54,863 President/ceo $96,584 $88,328 2024
Cam Foundation CA$76,141 President $40,000 $31,545 2024
Pedro Bay Benefits Corporation Inc AK$52,061 Executive Di $38,880 $33,948 2024
Corporacion Ele CA$78,877 Director $24,000 $18,927 2024
Business Resource And Investment Service NY$50,081 Executive Director $134,848 $111,287 2024
Glcac Support Corporation MA$79,280 President $32,024 $26,282 2024
Spokane Area Business Foundation WA$79,356 Ceo & Director $27,509 $22,494 2024
Greater East St Louis Community IL$80,202 Executive Director $45,050 $40,449 2024
Corryville Community Development OH$48,782 Executive Director (Until 3/31/23) $104,977 $104,546 2023
Madrone Community Development Foundation CA$48,054 President $33,750 $26,616 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IA 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 IA 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 default28th
Total compensation (D + F), as reported (no adjustments)25th
Reportable pay only (column D), adjusted48th
All sources (D + E + F), adjusted20th

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 (Amy Holst) 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 40 similarly situated organizations (Same NTEE sector (S20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $13,565 is reasonable (approximately the 28th 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.