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PeerBasis
Compensation Comparability Determination

Veterans To Farmers Inc

Executive Director / CEO

EIN 454499443
CO · NTEE A80
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Richard Murphy, Executive Director / CEO ($24,320) against every comparable organization that fit the selection criteria — 120 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 20th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

120 organizations qualified on sector, size, and geography 120 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,621 total compensation of comparable organizations → $146,474 $24,320
$12,32110th
$28,74225th
$49,657Median
$68,44875th
$84,70090th
$24,320This org · 20th
p10$12,321
p25$28,742
p50$49,657
p75$68,448
p90$84,700
$24,320

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 CO 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
Historic Rock Hill SC$241,313 Executive Director $62,120 $65,647 2024
Point Cabrillo Lightkeepers Association CA$238,556 Outreach Mgr $60,753 $53,140 2024
The Jewish Historical Society Of CT$238,322 Executive Director $49,583 $48,483 2023
The Casino Star Theater Foundation UT$245,564 Executive Director $6,000 $6,404 2023
Gilbert Historical Society Inc AZ$236,777 Presidentceo $70,000 $66,436 2025
T L C Carnival Club Inc LA$250,592 President $7,425 $8,282 2024
Friends Of Harriet Beecher Stowe House OH$251,465 Executive Director $52,169 $55,971 2024
William H Gray Iii Memorial Foundation DC$251,862 Executive Director $84,000 $76,874 2023
Historic Rittenhousetown Inc PA$231,918 Executive Director $64,773 $65,432 2024
Destination Downtown Lancaster Inc OH$252,889 Executive Di $69,150 $76,381 2023
Standing Bear Native American Foundation Inc OK$253,128 Executive Director $7,200 $8,030 2024
Coupeville Historic Waterfront WA$230,046 Executive Dir. $30,459 $27,624 2024
African American Heritage Trail MA$229,827 Ceo $26,000 $23,667 2024
The Freedom Archives CA$254,114 Director $50,000 $43,735 2024
Western New York Heritage Inc NY$229,630 Executive Director $55,000 $50,344 2024
Young Preservationists Association Of Pittsburgh PA$228,825 Executive Director $82,046 $85,328 2023
Fptower Inc NC$256,355 Executive Director $36,000 $37,680 2024
Adena Mansion And Gardens Society OH$256,847 Executive Director $56,686 $60,818 2024
The Historic Stanley Home Foundatio CO$224,515 Executive Di $18,000 $18,000 2023
Historic Railroad Square Association CA$259,718 Executive Dir. $34,130 $29,854 2024
Friends Of The Battleship North Carolina NC$223,913 Executive Director $26,244 $27,469 2024
Shenandoah Valley Black Heritage Project VA$223,260 Executive Director $49,494 $48,408 2024
Alliance For Historic Hillsborough NC$260,988 Exec Director $45,454 $47,575 2024
Central Virginia Battlefields Trust VA$261,071 Executive Di $68,727 $69,205 2023
Coutts Memorial Museum Of Art Inc KS$263,982 Executive Director $66,250 $72,500 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CO cost of living and 2023 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 CO 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 default20th
Total compensation (D + F), as reported (no adjustments)21st
Reportable pay only (column D), adjusted23rd
All sources (D + E + F), adjusted18th

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 (Richard Murphy) 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 120 similarly situated organizations (Same NTEE sector (A80), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $24,320 is reasonable (approximately the 20th 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.