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PeerBasis
Compensation Comparability Determination

Florida Association Of Managing

Executive Director / CEO

EIN 464519809
FL · NTEE S41
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Natalie Kelly, Executive Director / CEO ($130,750) against every comparable organization that fit the selection criteria — 17 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 94th percentile of comparable organizationsabove the 90th percentile — board review recommended

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

How comparable organizations were selected

17 organizations qualified on sector, size, and geography 17 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,800 total compensation of comparable organizations → $157,200 $130,750
$14,37610th
$43,75025th
$57,654Median
$79,46475th
$112,80490th
$130,750This org · 94th
p10$14,376
p25$43,750
p50$57,654
p75$79,464
p90$112,804
$130,750

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 FL 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
Tampa Bay Trial Lawyers Association FL$287,622 Executive Di $56,000 $57,654 2023
Small Business In Transportation FL$287,830 President $75,000 $77,215 2023
Florida Association For Pupil FL$271,344 Exec Dir $18,326 $18,326 2024
Wellington Chamber Of Commerce Inc FL$289,708 Executive Director $108,276 $108,276 2024
Haines City Economic Development Council FL$296,614 President $157,200 $157,200 2024
Perdido Key Area Chamber Of Commerce FL$301,744 President $56,725 $56,725 2024
The Pride Chamber FL$309,347 Executive Director $43,750 $43,750 2024
Society Of Industrial And Office FL$242,179 Executive Director $33,500 $33,500 2024
Greater Miami Shores Chamber Of Commerce Inc FL$237,014 Executive Director $77,184 $79,464 2023
Pan American International Movers Assoc Inc FL$324,061 Exec Director $77,760 $77,760 2024
Martin County Bar Association FL$327,681 Executive Dir. $55,455 $54,026 2025
Upper Tampa Bay Regional Chamber Of Commerce Inc FL$328,174 President $72,048 $72,048 2024
Miami-dade Gay & Lesbian Chamber Of Commerce Inc FL$339,350 Director $119,596 $119,596 2024
Procedure Professionals Association Inc FL$217,027 Owner $1,800 $1,800 2024
The Lee County Medical Society Inc FL$349,429 Executive Director $104,355 $104,355 2024
Corrections Usa FL$382,299 Chairman $54,000 $55,595 2023
Tarpon Springs Merchants Association Inc FL$407,835 President $8,450 $8,450 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to FL 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 FL 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 default94th
Total compensation (D + F), as reported (no adjustments)94th
Reportable pay only (column D), adjusted94th
All sources (D + E + F), adjusted94th

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 (Natalie Kelly) 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 17 similarly situated organizations (Same NTEE sector (S41) + FL + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $130,750 is reasonable (approximately the 94th 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.