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PeerBasis
Compensation Comparability Determination

Margaret Bock Housing

Executive Director / CEO

EIN 421499540
IA · NTEE L20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Michael Williams, Executive Director / CEO ($43,492) against every comparable organization that fit the selection criteria — 231 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 68th percentile of comparable organizationswithin the typical range

Benchmarked executive: Michael Williams — reported title “Board Member”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

231 organizations qualified on sector, size, and geography 231 within the band form the benchmarked peer set.

Distribution of comparable compensation

$368 total compensation of comparable organizations → $211,166 $43,492
$6,08110th
$14,99325th
$30,664Median
$51,20375th
$65,86090th
$43,492This org · 68th
p10$6,081
p25$14,993
p50$30,664
p75$51,203
p90$65,860
$43,492

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
Vernon Street Housing Inc CA$169,826 Ceo $47,732 $38,755 2023
Changing The World Inc PA$171,073 President $23,350 $21,266 2024
Loretto Apartments At O'brien Road NY$171,702 Chairperson $27,907 $23,031 2024
Sanders County Community Housing Organization MT$168,172 Exective Director $33,168 $32,653 2024
Rejuvenate Housing Inc IA$167,696 Executive Dir $12,500 $12,500 2024
Home For A Home CA$167,690 Executive Dir. $77,700 $63,087 2023
Waynedale Apartments Inc IN$172,672 President $44,374 $42,738 2024
Tiny Hope Village TX$167,165 Executive Director $52,780 $48,219 2024
Bailey Holt House Housing Development NY$167,092 Member $29,779 $25,302 2023
Hope House Iii Inc MA$166,386 President, Ceo $31,555 $25,897 2024
Hale Ulu Hoi Iii HI$173,655 President And Ceo $7,224 $6,081 2023
385 Third Avenue Housing Development NY$166,146 Ceo $60,217 $51,164 2023
Rome Apartments Inc FL$174,060 Ceo $38,719 $33,220 2024
American Housing Preservation Inc OR$165,794 President $77,652 $65,860 2024
Jfm No 3 Corp ME$165,623 Ceo $14,253 $12,699 2025
Heavenly Grace Assistant Livin MD$165,210 President $55,700 $48,964 2023
Bvarc Housing RI$165,091 Chief Executive Officer $223,152 $190,386 2025
Nonprofit Housing Corporation TN$175,213 President & Executive Director $120,000 $118,602 2023
Accessible Country Trail Ii Inc OH$175,279 Executive Director $6,211 $6,185 2023
Mark Lane Housing Corp CT$164,496 President $10,337 $8,852 2024
Housing Opportunities Team OR$164,319 Secretary $15,525 $13,557 2023
Minnesota American Indian Chamber Of MN$163,730 Interim Executive Director $44,215 $39,901 2024
Allies Homes 2009 Inc NJ$176,500 Chief Executive Officer $29,476 $24,036 2024
Rebuilding Together Pitt County Nc Inc NC$162,896 Executive Director $9,757 $8,970 2025
Fernclif Housing Development Fund NY$162,877 President $58,380 $49,603 2023

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 default68th
Total compensation (D + F), as reported (no adjustments)61st
Reportable pay only (column D), adjusted86th
All sources (D + E + F), adjusted19th

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 (Michael Williams) 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 231 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $43,492 is reasonable (approximately the 68th 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.