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PeerBasis
Compensation Comparability Determination

Blue Water Land Fund Inc

Executive Director / CEO

EIN 452908074
MI · NTEE T11
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Randy D Maiers, Executive Director / CEO ($64,477) against every comparable organization that fit the selection criteria — 19 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 89th percentile of comparable organizationswithin the typical range

How comparable organizations were selected

19 organizations qualified on sector, size, and geography 19 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,002 total compensation of comparable organizations → $76,325 $64,477
$7,06710th
$10,03625th
$27,352Median
$45,42775th
$63,19190th
$64,477This org · 89th
p10$7,067
p25$10,036
p50$27,352
p75$45,427
p90$63,191
$64,477

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

OrganizationStateTotal revenueTotal compSource
Thelma Pearl Howard FoundationCA $31,188$46,409 990
Heritage Fund Supporting Foundation IncIN $31,427$12,469 990
The Intercommunity Foundation IncCT $32,046$67,536 990
Tyler County Hospital FoundationTX $32,741$24,847 990
Wisdom Wonder ProjectCA $33,551$1,002 990
Iarca Institute For Excellence IncIN $27,107$15,325 990
Robert And Eileen Sill Family FoundationOH $26,365$39,782 990
Providence Animal Center FoundationPA $25,836$8,170 990
Kr Fund IncMD $25,146$27,352 990
Ritter Charitable TrustNV $35,779$44,445 990
Leonard And Diane Sherman FamilyIL $23,334$76,325 990
Tupper Family FoundationNJ $21,944$5,349 990
The Real Estate Trust Of Silicon Valley Community FoundationCA $21,903$62,105 990
Dentaquest Care Group IncMA $39,146$55,534 990
Sholk-kaplan Family Foundation IncMD $20,583$41,157 990
Guardian Angel Support CorpMO $20,460$11,902 990
Nathalie & Theodore Jones CharitableMA $42,445$8,007 990
Nathalie & Theodore Jones CharitableMA $42,944$7,496 990
Lezah Stenger FoundationMO $43,227$36,609 990

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 MI 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 default89th
Total compensation (D + F), as reported (no adjustments)84th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted74th

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 (Randy D Maiers) 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 19 similarly situated organizations (Same NTEE sector (T11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $64,477 is reasonable (approximately the 89th 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.