Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Ocl Properties Xv Inc

Executive Director / CEO

EIN 455408337
NY · NTEE F33
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Karen Schwartz, Executive Director / CEO ($73,290) against every comparable organization that fit the selection criteria — 24 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 71st percentile of comparable organizationswithin the typical range

How comparable organizations were selected

24 organizations qualified on sector, size, and geography 24 within the band form the benchmarked peer set.

Distribution of comparable compensation

$12,605 total compensation of comparable organizations → $182,095 $73,290
$25,15110th
$29,41325th
$45,498Median
$73,29075th
$75,70390th
$73,290This org · 71st
p10$25,151
p25$29,413
p50$45,498
p75$73,290
p90$75,703
$73,290

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

OrganizationStateTotal revenueTotal compSource
Lakeview Villa IncFL $156,448$12,605 990
Corpus Christi Safe Place House IncTX $157,276$35,147 990
Nashua Street CorporationRI $158,759$88,685 990
Rapha HouseNC $158,818$26,925 990
Fraser Independent Living Project VMN $159,211$28,054 990
Youth Farm IncIL $165,178$22,570 990
Ocl Properties V IncNY $141,200$73,290 990
Brandon Apartments IncFL $141,075$40,253 990
Project Share V IncNY $136,251$72,648 990
Ocl Properties IncNY $171,633$73,290 990
Shared Services AllianceSC $174,750$58,316 990
North Baycare HomeCA $180,000$29,866 990
Obed Apartments IncRI $124,781$57,344 990
Preston Homes Ii IncOH $188,145$75,212 990
Stepping Stones To Success IncCA $118,760$30,961 990
Thresholds Housing IncIL $116,338$34,959 990
Bunker Residential HomeMO $111,118$28,030 990
Bell Tower IncIN $109,853$75,914 990
Aspire To Be GreatOH $104,983$24,391 990
Ocl Properties Vii IncNY $104,552$73,290 990
Project Share Vi IncNY $103,215$72,648 990
Martin Housing Alliance IncorporationFL $222,520$40,858 990
Ruthlyn Aitcheson CorporationFL $225,422$50,138 990
Montreux Management CorporationPA $230,000$182,095 990

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 NY 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 default71st
Total compensation (D + F), as reported (no adjustments)79th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted42nd

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 (Karen Schwartz) 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 24 similarly situated organizations (Same NTEE sector (F33), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $73,290 is reasonable (approximately the 71st 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.