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PeerBasis
Compensation Comparability Determination

St Louis Association Of Credit

Executive Director / CEO

EIN 430493480
IL · NTEE B82Z
FY ending 2025-03-31
June 9, 2026

This analysis benchmarks the total compensation of Phillip J Lattanzio, Executive Director / CEO ($24,402) against every comparable organization that fit the selection criteria — 109 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 39th percentile of comparable organizationswithin the typical range

Benchmarked executive: Phillip J Lattanzio — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

109 organizations qualified on sector, size, and geography 109 within the band form the benchmarked peer set.

Distribution of comparable compensation

$403 total compensation of comparable organizations → $347,245 $24,402
$7,61510th
$13,47025th
$37,484Median
$63,75375th
$98,98190th
$24,402This org · 39th
p10$7,615
p25$13,470
p50$37,484
p75$63,753
p90$98,981
$24,402

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 IL 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
Misa Foundation VA$127,195 President $63,240 $63,753 2024
Mahoning Valley College Access OH$127,712 Executive Director $64,708 $71,557 2024
Stanley Scholarship Funds Inc ND$127,935 President $2,900 $3,323 2024
Massachusetts Soldiers Legacy Fund MA$124,561 Director $105,146 $98,651 2024
Oregon Turfgrass Foundation OR$129,438 Executive Director $12,991 $12,596 2024
William Paul Hatfield Scholarship Trust MO$129,818 Trustee $48,615 $53,760 2024
South Dakota Retailers Association SD$129,954 Executive Di $20,203 $23,280 2024
Alpha Educational Foundation-ddl Inc FL$130,244 Executive Director $23,600 $23,147 2024
Educational Foundation Of The AL$121,978 Ceo $151,303 $166,265 2025
Namic Mutual Insurance Foundation IN$131,399 Executive Di $41,231 $45,397 2024
Entrepreneurs Scholarship Program TX$132,075 Director $375 $403 2023
St Ursula Academy Scholarship Granting OH$134,005 President $16,697 $18,465 2024
Police Benevolent Associaton FL$134,541 President $11,611 $11,725 2023
Baptist Medical Dental Fellowship AL$134,845 Executive Dir. $54,000 $62,709 2023
Laborers' Local 300 Scholarship Fund CA$136,560 Chairman/trustee $163,840 $147,713 2024
Monster Education Foundation Nfp IL$136,651 Executive Director- President $7,200 $7,391 2024
Yuda Bands UT$136,783 Secretary $28,500 $30,455 2024
Centennial Education Foundation PA$137,344 Executive Director $16,154 $16,819 2024
Jitegemee Inc MA$114,999 Director $29,852 $28,835 2023
Oregon Education Assoc Foundation OR$138,017 Oea President $33,341 $32,327 2024
Coin Op Cares Education & Charitable IL$114,539 Executive Vice President $9,300 $9,828 2023
Donald R Watson Foundation Inc NC$114,316 President $56,398 $59,275 2025
Norwood Masonic Temple Foundation Incorporated OH$114,131 Building Manager/director $10,200 $11,613 2023
Healthcare Information And Management IL$113,035 Ceo & President $213,670 $253,881 2021
Florida Ethics Institute Inc FL$111,549 Executive Director $53,000 $51,984 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IL cost of living and 2025 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 IL 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 default39th
Total compensation (D + F), as reported (no adjustments)39th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted72nd

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 (Phillip J Lattanzio) 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 109 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $24,402 is reasonable (approximately the 39th 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.