Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Homeownership Education Resource

Executive Director / CEO

EIN 450467089
SD · NTEE L19
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Chas Olson, Executive Director / CEO ($18,097) against every comparable organization that fit the selection criteria — 1078 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: Chas Olson — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

1,078 organizations qualified on sector, size, and geography 1,078 within the band form the benchmarked peer set.

Distribution of comparable compensation

$138 total compensation of comparable organizations → $434,033 $18,097
$8,97910th
$18,98925th
$35,390Median
$58,26175th
$76,95590th
$18,097This org · 24th
p10$8,979
p25$18,989
p50$35,390
p75$58,261
p90$76,955
$18,097

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 SD 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
Kce Inc MD$261,675 President Ceo $17,900 $15,611 2023
Our Casas Resident Council Incorporated TX$261,827 Executive Director $40,010 $37,336 2023
Plaza Del Sol Manor Inc CO$261,876 Executive Dir. $34,362 $29,855 2024
Geauga Faith Rescue Mission Inc OH$261,428 Executive Director $55,250 $53,023 2024
Stop It Now Inc MA$262,040 President/ceo $32,663 $27,381 2023
Janua Coeli Inc FL$262,251 Vice President $30,960 $26,353 2024
Liberty Hill Redevelopment Group SC$262,380 Operations Director $55,189 $53,710 2023
Laurelwood Senior Housing Corporation TN$260,994 Director/president Of Hutsonwood $15,704 $14,957 2024
Pierce County Affordable Housing WA$262,425 Agency Director $29,176 $24,368 2023
Texas Low-income Housing TX$260,946 Exec Director $95,219 $88,854 2023
Meadow Road Housing Corporation Inc NH$260,531 President $24,428 $20,438 2024
Family Promise Of Grayson County TX$260,437 Executive Di $57,780 $52,371 2024
The Reach Project TX$260,261 Executive Dir. $59,615 $54,034 2024
Mill Creek Apartments CA$263,192 Secretary/treasurer $39,437 $30,856 2024
Columbian Retirement Home Inc CA$263,370 President/treasurer $8,000 $6,444 2023
Hart Residences Inc CT$263,431 Executive Di $11,320 $9,901 2023
Tennessee Resilience Project TN$259,942 Executive Dir. $55,800 $53,146 2024
Freedom House Inc PA$263,505 Executive Di $32,329 $29,212 2024
Sheltering Palms Foundation Inc FL$259,861 President $191,666 $167,966 2023
Wesley Asi Of Northern Virginia VA$263,556 Secretary $28,094 $24,579 2024
Ecology House Inc CA$259,749 President $21,418 $16,758 2024
Altoona Housing Corporation WI$259,742 Executive Director And Office Manager $19,500 $18,453 2024
Edenhope Villa Esperanza Inc CA$259,493 President $39,896 $31,215 2024
Heritage Place Phase Iii ID$259,454 Executive Dir. $21,242 $20,475 2024
Leeway-welton Housing Corporation CT$264,064 Executive Director $56,722 $48,189 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to SD 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 SD 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)20th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted46th

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 (Chas Olson) 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 1078 similarly situated organizations (Same NTEE major group (L), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $18,097 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 9, 2026.