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PeerBasis
Compensation Comparability Determination

Argonaut House 2

Executive Director / CEO

EIN 454880509
WA · NTEE L20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Padrica Hoffman, Executive Director / CEO ($10,769) against every comparable organization that fit the selection criteria — 196 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 13th percentile of comparable organizationsbelow the typical range for comparable organizations

How comparable organizations were selected

196 organizations qualified on sector, size, and geography 196 within the band form the benchmarked peer set.

Distribution of comparable compensation

$910 total compensation of comparable organizations → $328,989 $10,769
$9,33610th
$19,88925th
$37,501Median
$60,17775th
$79,24390th
$10,769This org · 13th
p10$9,336
p25$19,889
p50$37,501
p75$60,177
p90$79,243
$10,769

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

OrganizationStateTotal revenueTotal compSource
Palmetto Housing CorporationSC $108,638$10,978 990
Mojave Cedar Supportive Housing IncMN $108,649$73,121 990
Watertower Residential IncIN $108,546$76,620 990
Abilities At Cumberland Towers IncFL $108,873$41,238 990
Aim Community Living IncNY $108,072$37,017 990
Delta Community Development And LawAR $108,000$7,533 990
Fulfilling Housing Ii IncOH $109,750$19,875 990
Ken-crest Housing Pa 2009 IncPA $107,399$32,893 990
Ottawa River EstatesOH $107,271$7,564 990
White's Livery Housing DevelopmentNY $106,819$7,794 990
Abilities At Fountain Square IncFL $106,666$41,238 990
St Vincents Fruitland Apartments LtdID $106,631$20,144 990
Independent Living Horizons Five IncGA $106,098$24,456 990
Rall Place IncKY $106,026$55,462 990
Tuskegee Housing Development CorporationAL $105,940$10,560 990
Habitat For Humanity Aransas CountyTX $111,334$85,883 990
Bear Creek Development CorporationTX $111,533$117,315 990
Level-equity Building IncPA $111,971$102,103 990
Cpnj Warren Residence IncNJ $105,036$17,765 990
Southeastern Appalachian Rural Alliance IncWV $112,251$37,792 990
Pioneer Housing Development Corp IncKY $104,463$4,950 990
South Shore Group Home Iv IncMA $104,417$39,803 990
Continuum Supportive Housing OfCT $104,209$104,505 990
La Frontera Housing IncAZ $113,310$37,501 990
Share Xi IncNY $113,510$73,323 990

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 WA 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 default13th
Total compensation (D + F), as reported (no adjustments)16th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted28th

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 (Padrica Hoffman) 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 196 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $10,769 is reasonable (approximately the 13th 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.