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PeerBasis
Compensation Comparability Determination

The Village At Providence Point Inc

Executive Director / CEO

EIN 454024593
MD · NTEE L22
FY ending 2024-12-31
June 13, 2026

This analysis benchmarks the total compensation of Cynthia Walters, Executive Director / CEO ($31,093) against every comparable organization that fit the selection criteria — 54 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 59th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

54 organizations qualified on sector, size, and geography 54 within the band form the benchmarked peer set.

Distribution of comparable compensation

$87 total compensation of comparable organizations → $115,904 $31,093
$4,64310th
$10,44925th
$22,790Median
$45,10675th
$69,40790th
$31,093This org · 59th
p10$4,643
p25$10,449
p50$22,790
p75$45,106
p90$69,407
$31,093

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 MD 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
Wren's Way Inc OH$99,006 President $9,146 $10,361 2024
Richardville Apartments Inc IN$99,724 President $44,374 $50,053 2024
North Street Elderly Housing Corporation CT$98,650 Managing Director $16,625 $16,673 2024
Lss Housing Mill Road Inc WI$98,272 President $40,683 $45,446 2024
Project Share Iv Inc NY$101,194 Executive Director $70,564 $70,217 2023
Mjf Housing No 3 Inc WI$101,244 Member - Term Ended 12/15/23 $20,964 $23,418 2024
Tau Crossing Housing Corporation Ii WI$95,454 President (Thru June 2024) $8,312 $9,285 2024
Elim Senior Housing Inc OH$95,392 Director/president $24,254 $27,477 2024
Northland Lutheran Affordable Living For MI$103,048 Ceo $23,333 $25,760 2024
Mckee Street Apartments Inc MO$93,336 President $7,448 $8,438 2024
Senior Homes Of Colorado CO$92,951 Executive Dir. $72,616 $74,478 2024
Booth Manor-columbus Inc IN$105,877 President $9,613 $10,843 2024
Mohn Street Accessible Housinginc PA$92,206 President $35,818 $39,334 2023
Faith Residence Apartments Inc MN$91,636 President & $21,403 $22,621 2024
Vesta Pelden Inc MD$107,327 President $21,417 $21,417 2024
Nassau Senior Housing Development NY$107,794 Executive Director (To Dec 2023) $11,334 $11,279 2023
Manor Care Of Tacoma Wa Association OH$90,124 Ceo $14,012 $15,874 2024
Bethany Inc MI$108,731 President $1,500 $1,656 2024
Arc Apartments Inc NY$88,907 Ceo $69,638 $69,296 2023
Egida Del Policia Inc PR$109,598 President $6,000 $6,177 2023
Oak View Apartments Inc MN$111,623 Administrator $31,555 $33,351 2024
Jones Manor On The Sound NY$83,605 Executive Director $12,000 $11,941 2023
Abilities At San Juan Ii Inc FL$83,482 President/ceo $38,173 $39,491 2023
Ltc Ii Inc IN$117,897 President $61,499 $67,582 2025
Lutheran Development Corporation OH$80,205 President/ce $54,426 $61,659 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MD 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 MD 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 default59th
Total compensation (D + F), as reported (no adjustments)63rd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted78th

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 (Cynthia Walters) 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 13, 2026, comparing compensation against 54 similarly situated organizations (Same NTEE sector (L22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $31,093 is reasonable (approximately the 59th 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 13, 2026.