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PeerBasis
Compensation Comparability Determination

Nuvista Light & Electric Cooperative Inc

Executive Director / CEO

EIN 452575211
AK · NTEE S12
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Sean Glasheen, Executive Director / CEO ($90,874) against every comparable organization that fit the selection criteria — 16 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 94th percentile of comparable organizationsabove the 90th percentile — board review recommended

How comparable organizations were selected

16 organizations qualified on sector, size, and geography 16 within the band form the benchmarked peer set.

Distribution of comparable compensation

$3,717 total compensation of comparable organizations → $92,635 $90,874
$7,99610th
$13,29925th
$35,626Median
$56,43375th
$66,10190th
$90,874This org · 94th
p10$7,996
p25$13,299
p50$35,626
p75$56,433
p90$66,101
$90,874

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 AK cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateTotal revenueTotal compSource
Kankakee Riverfront Society IncIL $269,393$92,635 990
Fernandina Beach Main StreetFL $280,800$65,495 990
Love In The Name Of Christ Of YakimaWA $254,990$55,234 990
Tri-county Economic DevelopmentKY $254,784$11,487 990
Snow Approach Foundation IncNC $304,863$4,505 990
Haitian American Center For Social Economic Dev AzAZ $308,687$37,843 990
Olympia Center IncFL $240,797$33,409 990
Las Vegas New Mexico Community FounNM $234,504$13,641 990
Mille Lacs Trails IncMN $228,217$20,770 990
One Family ProductionsVA $225,753$12,271 990
Bipoc Support FoundationCA $326,085$66,706 990
Invest Buffalo Niagara Foundation IncNY $221,253$38,033 990
Ndn Fund IncSD $337,231$29,438 990
Eagle Ranch Housing CorporationCO $187,182$3,717 990
Silver Beach ShadowlandMI $364,947$60,029 990
Brilliance LabsOR $184,887$48,901 990

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 AK 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 default94th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted94th
All sources (D + E + F), adjusted69th

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 (Sean Glasheen) 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 16 similarly situated organizations (Same NTEE sector (S12), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $90,874 is reasonable (approximately the 94th 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). 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.