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PeerBasis
Compensation Comparability Determination

Venture Carolina

Executive Director / CEO

EIN 464531249
SC · NTEE S99
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Leon C Banks Jr, Executive Director / CEO ($5,400) against every comparable organization that fit the selection criteria — 49 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 4th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Leon C Banks Jr — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

49 organizations qualified on sector, size, and geography 49 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,199 total compensation of comparable organizations → $247,625 $5,400
$9,14910th
$26,65025th
$49,960Median
$74,92175th
$106,92990th
$5,400This org · 4th
p10$9,149
p25$26,650
p50$49,960
p75$74,921
p90$106,929
$5,400

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 SC 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
Citizens4community OR$200,555 Executive Director $78,056 $69,483 2024
Societa Mutuo Socorso Enrico Caruso In Manville Ri RI$202,411 Treasurer $6,300 $5,961 2023
Rebuilding Together Central Alabama AL$195,730 Executive Director $65,000 $67,311 2024
Built2last Innovations Lab Inc NC$203,953 Executive Director $119,439 $121,791 2023
Leadmo MO$194,877 Executive Director $39,229 $39,827 2024
Enterprise Development & Management Corp IN$194,491 Board Member $3,600 $3,746 2023
Kulaiwi Land Trust HI$205,010 Interim Executive Director-ceo $18,750 $16,567 2023
Integrative Development Initiative CA$205,875 2023 Cfo & Food Cycle Collective Co-coordinator $2,581 $2,199 2023
Buffalo Reuse Inc NY$207,027 President $8,378 $7,257 2024
Detroit Greenways Coalition MI$207,038 Executive Director $50,000 $50,931 2023
Takotna Community Association AK$208,523 Secretary $10,500 $9,622 2024
Habitat For Neighborhood Business MO$209,384 Executive Director $26,250 $26,650 2024
For A Loving Future CA$187,464 Ceo $107,950 $87,048 2025
Westside Rising IL$212,744 Executive Dir. $44,872 $42,286 2024
Friends Inc AL$219,008 Executive Director $57,500 $61,303 2023
International Foundation For Cultural CO$223,551 First Vp $6,500 $5,974 2024
Vermont Council Of Special Education VT$223,586 Executive Dir. $26,000 $24,438 2025
Pride In Saginaw Inc MI$174,966 Director $44,511 $42,904 2025
The Freedom Foundation Of Minnesota MN$225,040 Ceo, Secretary, Treasurer $110,000 $107,264 2023
Glover Park Alliance DC$227,283 Executive Director $92,942 $78,179 2024
Roots & Dreams And Mustard Seeds Inc MA$231,240 President, Co-director $44,044 $37,938 2024
Plaza Terrace Mutual Housing CT$235,418 Executive Director $31,395 $29,049 2023
Chittenden County Senior Citizens Alliance Inc VT$163,408 Executive Director $47,840 $46,156 2024
Main Street Lexington VA$161,200 Executive Di $64,080 $59,307 2024
The Hydrous CA$238,045 Ceo $84,000 $69,528 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to SC 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 SC 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 default4th
Total compensation (D + F), as reported (no adjustments)4th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted4th

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 (Leon C Banks Jr) 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 49 similarly situated organizations (Same NTEE sector (S99), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $5,400 is reasonable (approximately the 4th 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.